Lahontan Gold Grows  Land Position at Santa Fe

Lahontan Gold Grows Land Position at Santa Fe

Lahontan Gold Corp. (TSXV:LG) (formerly, 1246765 B.C. Ltd.) (the "Company" or "Lahontan") is pleased to announce that the Company has expanded its land holdings at its flagship Santa Fe Project by staking 22 unpatented lode mining claims. The claims cover potential southern extensions to the high-grade BH Zone as well as surface geochem and hydrothermal alteration anomalies. The claims also cover small gaps between existing land holdings and adjacent claimants. With the new unpatented lode mining claims, Lahontan's Santa Fe project now encompasses over 19 square kilometers in the heart of Nevada's prolific Walker Lane

Kimberly Ann, President & CEO commented: "The Walker Lane of Nevada is an incredibly competitive mining and exploration jurisdiction, and Lahontan wants to be very proactive when the opportunity to acquire new claims is available. A portion of our new claims cover geologic structures which extend southerly from the Santa Fe open pit and the BH Zone. The structures influence the distribution of hydrothermal alteration in outcrop and represent future exploration targets. Our team is gearing up for the resumption of drilling at Santa Fe and it's important to complete these tasks before drilling commences".

Lahontan Gold Corp., Tuesday, April 19, 2022, Press release picture

Outline of Lahontan's land holdings, exploration targets, and newly acquired claims (green) at the Company's Santa Fe Project, Mineral County, Nevada.

About Lahontan Gold Corp:

Lahontan Gold Corp. is a Canadian mineral exploration company that holds, through its US subsidiaries, three top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan's flagship property, the 19 km2 Santa Fe Project, is a past producing gold and silver mine with excellent potential to host significant gold and silver resources (past production of 345,000 ounces of gold and 710,000 ounces of silver between 1988 and 1992; Nevada Bureau of Mines and Geology, 1996). Modeling of over 110,000 metresof historic drilling, geologic mapping, and geochemical samplingoutline both shallow, oxidizedgold and silvermineralization as well as deeperhigh grade potentialresources. The Company plans an aggressive 25,000 metre drilling program with the goal of publishing a National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate in 2022. For more information, please visit our website: www.lahontangoldcorp.com

Allscientific and technicalinformation in this press releasehas been reviewedand approved by Quentin J. Browne, P.Geo., Consulting Geologist to Lahontan Gold Corp., who is a qualified person under the definitions established by National Instrument 43-101.

On behalf of the Board of Directors
Kimberly Ann
Founder, Chief Executive Officer, President, and Director

FOR FURTHER INFORMATION, PLEASE CONTACT:
Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, Director

Phone: 1-530-414-4400
Email: Kimberly.ann@lahontangoldcorp.com
Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a varietyof risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for the technology described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com

SOURCE:Lahontan Gold Corp.



View source version on accesswire.com:
https://www.accesswire.com/697879/Lahontan-Gold-Grows-Expands-Land-Position-at-Santa-Fe

News Provided by ACCESSWIRE via QuoteMedia

LG:CA
Lahontan Gold Corp.

Lahontan Gold Corp. Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Lahontan Gold Corp. (TSXV:LG)

Lahontan Gold Corp.


Keep reading...Show less

Near-term gold production pathway in the highly prolific Walker Lane district in Nevada

VIDEO - CEO Clips - Lahontan Gold: Revitalizing a Proven Gold Asset in Nevada

VIDEO - CEO Clips - Lahontan Gold: Revitalizing a Proven Gold Asset in Nevada

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) Positioned in Nevada's prolific mining region, Lahontan Gold Corp. is advancing a proven gold asset with a strategy focused on near-term production and resource expansion. By fast-tracking development in a stable jurisdiction, the company aims to generate cash flow while continuing to grow its gold resource.

www.b-tv.com/post/ceo-clips---lahontan-gold-corp-revitalizing-a-proven-gold-asset-in-nevada-btv-60

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Lahontan Announces Closing of Private Placement and Sale of Common Shares by Victoria Gold Corp.

Lahontan Announces Closing of Private Placement and Sale of Common Shares by Victoria Gold Corp.

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) (the "Company" or "Lahontan") is pleased to announce that, further to its press release of January 17, 2025, the Company has closed its non-brokered private placement financing for gross proceeds of Cdn$720,000 through the issuance of 36,000,000 common shares (each, a "Common Share") in the capital of the Company at a price of Cdn$0.02 per Common Share (the "Offering").

The Company also wishes to announce that Victoria Gold Corp. ("Victoria") has completed the sale of 42,132,139 Common Shares of Lahontan (the "Victoria Sale"), representing 17.4% of the Company's outstanding Common Shares, after giving effect to the Offering. The sale was made through a share purchase agreement in reliance upon the prospectus exemptions contained in NI 45-102. Lahontan understands the purchasers to be comprised of existing shareholders, including two prominent precious metals institutional investors.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Canadian Investment Regulatory Organization Trade Resumption - LG

Canadian Investment Regulatory Organization Trade Resumption - LG

Trading resumes in:

Company: Lahontan Gold Corp.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Lahontan Announces Private Placement of Common Shares

Lahontan Announces Private Placement of Common Shares

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) (the "Company" or "Lahontan") is pleased to announce a non-brokered private placement financing for gross proceeds of up to $720,000 through the issuance of up to 36,000,000 common shares (each, a "Common Share") in the capital of the Company at a price of $0.02 per Common Share (the "Offering"). The offering is nearly fully subscribed by existing major shareholders.

Gross proceeds raised from the Offering will be used for general working capital purposes as follows: (i) approximately 29% will be used for general and administrative purposes; (ii) approximately 29% will be used for exploration at the Company's Santa Fe Mine Project; (iii) approximately 17% will be used for metallurgical testing and supporting consultants for the Company's Santa Fe Mine Project; and (iv) approximately 25% will be used at the Company's Santa Fe Mine Project for exploration permitting. Less than 10% of the proceeds from the Offering will be used for payments to non-arm's length parties of the Company other than normal course compensation of its officers, directors, employees and consultants as part of general working capital purposes or to persons conducting investor relations activities.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Lahontan Drills More Gold at Slab: 32.0m Grading 0.65 gpt AuEq

Lahontan Drills More Gold at Slab: 32.0m Grading 0.65 gpt AuEq

Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce results from an additional five reverse-circulation rotary ("RC") drill holes from the Company's Phase Two drilling campaign exploring the Slab pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The five drill holes, totaling 1,111 metres, are the final drill holes of the Company's Phase Two drilling campaign. The drill holes targeted down-dip extensions of oxidized gold and silver mineralization east and northeast of the Slab pit. Past mining and historic drilling had outlined significant potential oxide and transition domain resources east of the Slab pit that remained open down dip from the pit. Highlights include

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Wooden blocks spelling "tariffs" on a US flag background, with "Weekly Editor's Picks" text.

Editor's Picks: Gold Hits Another New High, Then Takes Tariff Turmoil Blow

The gold price surged this week, rising to yet another new all-time high of more than US$3,160 per ounce ahead of tariff updates from US President Donald Trump.

The yellow metal's latest move follows a strong Q1, during which it continually hit new records amid widespread uncertainty and achieved its best quarterly performance since 1986.

However, Trump's Wednesday (April 2) tariff announcement took some of the wind out of gold's sails. While it showed resilience on Thursday (April 3), rebounding back above US$3,100 after falling below that level, the yellow metal lost substantial ground on Friday (April 4), sinking to just above US$3,020.

Keep reading...Show less

Ben van Beurden and Pekka Vauramo Nominated for Election to Barrick Board of Directors

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has nominated Ben van Beurden and Pekka Vauramo for election to its Board of Directors at the company's Annual and Special Meeting of Shareholders on May 6, 2025.

Ben van Beurden, former chief executive of Shell, brings four decades of global experience in the energy and natural resources sectors. At Shell, he led the company's strategic transformation from an oil-focused business to a diversified energy leader, with a strong emphasis on natural gas and renewable energy investments. This transformation placed Shell among the top quartile of investors in energy transition. Mr. van Beurden is recognized for his strategic decision to simplify Shell's shareholding structure and consolidate the company's headquarters in London, benefiting shareholders and streamlining the organization. In addition to his leadership at Shell, Mr. van Beurden currently serves as senior advisor of energy transition investments at KKR, is an independent member of the Board of Supervisors of Mercedes-Benz Group AG and was recently elected chairman of Clariant, a Swiss listed multinational specialty chemicals company.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Future-Focused Barrick Sets Sights on 30% Production Growth by 2030

Having laid the foundation to build the world's most valued gold and copper company, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is now advancing its portfolio of growth projects to support a planned 30% growth in gold equivalent ounces by the end of the decade 1 says chairman John Thornton.

In the company's 2025 Information Circular, published today and available at www.barrick.com/agm as well as filed on SEDAR+ ( www.sedarplus.ca ) and EDGAR ( www.sec.gov ), Thornton said that despite a challenging operating environment, Barrick delivered on the goals it set for 2024, meeting its gold and copper production guidance and maintaining its unmatched record of reserve replacement while adding substantially to its resource base.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Jim Thorne, gold bars.

Jim Thorne: US$5,000 Gold by 2028? "Crazy Phase" Still to Come

Jim Thorne, chief market strategist at Wellington-Altus, discusses which assets investors should focus on in today's tumultuous environment.

He sees promise in gold and silver, as well as Bitcoin and the artificial intelligence sector.

Keep reading...Show less

Abcourt Closes Initial Tranche Non-Brokered Private Placement for Gross Proceeds of $1,668,040

NOT   FOR   DISTRIBUTION   TO   U.S.   NEWS   WIRE   SERVICES   OR   DISSEMINATION   IN   THE   UNITED   STATES.

Abcourt Mines Inc. (" Abcourt " or the " Corporation ") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private, for gross proceeds of $1,668,040 (the " Offering ") from the sale of the following:

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Walker Lane Resources Ltd. Provides Further Clarification on Its Recent Press Release of April 3,2025

Walker Lane Resources Ltd. Provides Further Clarification on Its Recent Press Release of April 3,2025

Walker Lane Resources Ltd. (TSX-V: WLR, "Walker Lane") is at the request of CIRO Walker Lane wishes to retract certain information in its press release dated April 3, 2025 entitled "Walker Lane Resources Ltd. Notes Unusual Trading Activity and the Development of its new Website ("the news release").

In this regard, we provide clarification regarding certain statements and/or related actions:

Keep reading...Show less
Lahontan Gold Corp.

Lahontan Gold Corp. Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×