Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) is featured in a new video produced by BTV – Business Television, in which Founder, CEO, President and Director Kimberly Ann discusses the company's progress toward production at its flagship Santa Fe gold project in Nevada. Ann says Lahontan expects to receive a key mine permit in the first quarter of next year, positioning the project for construction and potential initial gold production before year-end. She also highlights Nevada's established infrastructure, mining workforce and favorable regulatory environment as important advantages supporting project development.
In the interview, Ann also points to silver upside through the company's West Santa Fe asset and notes projected cash costs of approximately $1,100 to $1,200 per ounce, which she says position the project favorably amid strong precious metals prices. BTV – Business Television, a capital markets-focused television production and digital marketing agency with more than 25 years of experience, produces investor-focused content distributed through outlets including Bloomberg, CNBC and FOX Business Network, as well as digital financial platforms. To view the full press release, visit https://ibn.fm/J7GcM.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan's flagship property, the 26.4 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.
The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101. For more information, please visit our website: www.lahontangoldcorp.com. The latest news and updates relating to LGCXF are available in the company's newsroom at http://ibn.fm/LGCXF.
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