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.

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

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Lahontan Gold Corp.TSXV:LG Gold Investing

LG:CA

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

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Lahontan Drills More Oxide Gold at Slab: 32.0m Grading 0.61 GPT AuEq

Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce results from an additional four 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 four drill holes, totaling 883 metres, 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

32.0 metres grading 0.50 gpt Au and 7.9 gpt Ag (0.60 gpt Au Eq) of oxide and transition metallurgical domain mineralization in drill hole CAL22-010R including 10.7 metres grading 0.93 gpt Au and 18.7 gpt Ag (1.18 gpt Au Eq). This drill hole, coupled with earlier Lahontan drill results, confirms a major easternly extension of previously mined gold and silver mineralization seen in the Slab pit, extending mineralization at least 350 metres down dip at shallow levels (please see cross section, location map, and table below).

Lahontan Gold Corp., Friday, November 11, 2022, Press release picture

West-East (left to right, please see map below) cross section through drill holes CAL21-005C, CAL22-001R, and new drill hole CAL22-010R east of the Slab pit, Santa Fe Project, Mineral County, Nevada. The interpreted 0.2 gpt Au grade shell greatly expands oxide and transition domain gold mineralization east of the Slab pit and confirms the potential for additional shallow gold and silver mineralization east of the Slab pit.

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Lahontan Gold Issued Shares in Connection with Amendment to Moho Option Agreement

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) (formerly, 1246765 B.C. Ltd.) (the "Company") is pleased to announce that, further to its press release of November 1, 2022, the Company has: (i) made a payment to Minquest Ltd. ("Minquest") in the amount of US$129,875 in cash or immediately available funds; and (ii) issued Minquest 800,000 common shares (the "Common Shares") in the capital of the Company at a deemed value of US$0.08 per Common Share pursuant to the second amendment to the lease option to purchase agreement (the "Second Amending Agreement") dated October 3, 2022 with Minquest and Lahontan Gold (US) Corp. ("Subco") amending the terms of the mining lease option to purchase agreement dated August 30, 2017 as amended August 25, 2020 between Minquest and Pyramid Gold (US) Corp. ("Pyramid Gold"), as assigned from Pyramid Gold to the Company on July 30, 2020 pursuant to the assignment and assumption agreement between Pyramid Gold and the Company (collectively, the "Agreement"). Pursuant to the Agreement, the Company has the option (the "Option") to purchase fifty (50) unpatented lode mining claims in Mineral County, Nevada (the "Moho Property"). The Second Amending Agreement amends the term of the Agreement to March 31, 2023.

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Lahontan Gold Announces Amendment to Moho Option Agreement

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) (formerly, 1246765 B.C. Ltd.) (the "Company") is pleased to announce that on October 3, 2022, it entered into a second amendment to the lease option to purchase agreement (the "Second Amending Agreement") with Minquest Ltd. ("Minquest") and Lahontan Gold (US) Corp. ("Subco") amending the terms of the mining lease option to purchase agreement dated August 30, 2017 as amended August 25, 2020 between Minquest and Pyramid Gold (US) Corp. ("Pyramid Gold"), as assigned from Pyramid Gold to the Company on July 30, 2020 pursuant to the assignment and assumption agreement between Pyramid Gold and the Company (collectively, the "Agreement"). Pursuant to the Agreement, the Company has the option (the "Option") to purchase fifty (50) unpatented lode mining claims in Mineral County, Nevada (the "Moho Property"). The Second Amending Agreement amends the term of the Agreement to March 31, 2023.

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Lahontan Drills More Shallow Gold at Slab-Calvada: 25.9m Grading 2.55 gpt Au

Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce results from the first seven reverse-circulation rotary ("RC") drill holes of the Company's Phase Two drilling campaign exploring the Slab-Calvada pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The seven drill holes, totaling 1,710 metres, targeted down-dip extensions of oxidized gold and silver mineralization along the Calvada fault and northerly step-out drilling from the Slab pit. Historic drilling in both areas had outlined significant potential oxide and transition domain resources. Highlights include

25.9 metres grading 2.55 gpt Au and 3.4 gpt Ag (2.60 gpt Au Eq) of oxide and transition metallurgical domain mineralization in drill hole CAL22-006R. This is the farthest north step-out drill hole from the Slab pit, with gold mineralization starting at a depth of only 68.6 metres down-hole (please see map and table below).
47.2 metres grading 0.78 gpt Au and 1.3 gpt Ag (0.80 gpt Au Eq) in drill hole CAL22-002R including 32.0 metres grading 1.04 gpt Au and 1.4 gpt Ag (1.06 gpt Au Eq) of oxidized mineralization down-dip along the Calvada fault, further expanding the envelope of oxide gold mineralization along this important structure (please see map, cross section, and table below).

Kimberly Ann, CEO, President, Director, and Founder of Lahontan Gold Corp commented: "The Company is excited about these first results from our 2022 Phase Two drilling campaign. The results from drilling the northern extension of the Slab pit confirm that gold mineralization remains wide open in this direction with excellent grades. The Calvada fault drilling continues to impress, with thick intervals of oxide gold mineralization extending at depth along this district-scale structure. Drilling continues and Lahontan will integrate these results into our upcoming maiden resource estimate for the entire Santa Fe Project".

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Managing Director Marc Ducler outlined the positive economics for Mandilla, which is in Western Australia. He said they have improved significantly since a scoping study for the project was released in September 2023.

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Drill Hole	Total Depth (m)	From (m)	To (m)	Interval (m)	Au (gpt)	Ag (gpt)	Au Eq (gpt)	Metallurgical Domain
CAL22-012R	249.9	53.3	59.4	6.1	0.25	0.9	0.26	Oxide
	and:	70.1	89.9	19.8	0.20	1.8	0.22	Oxide
CAL22-013R	249.9	33.5	44.2	10.7	0.20	8.9	0.32	Oxide
CAL22-014R	198.2	4.6	13.7	9.1	0.39	1.4	0.41	Oxide
	and:	91.4	102.1	10.7	0.22	0.5	0.23	Oxide
CAL22-015R	199.6	21.3	83.8	62.5	0.33	2.6	0.36	Oxide
	including:	50.3	56.4	6.1	1.04	1.4	1.06	Oxide
CAL22-016R	213.4	140.2	172.2	32.0	0.59	4.4	0.65	Oxide and Transition
	including:	140.2	146.3	6.1	1.18	14.4	1.37	Oxide and Transition
	and:	199.6	208.8	9.2	0.14	20.6	0.41	Oxide and Transition

Drill Hole	Total Depth (m)	From (m)	To (m)	Interval (m)	Au (gpt)	Ag (gpt)	Au Eq (gpt)	Metallurgical Domain
CAL22-008R	213.4	47.2	61.0	13.7	0.43	1.9	0.46	Oxide & Transition
	and:	158.5	172.2	13.7	0.42	3.1	0.46	Oxide
CAL22-009R	213.4	74.7	89.9	15.2	0.26	1.6	0.28	Oxide & Transition
	including:	74.7	82.3	7.6	0.43	3.1	0.47	Oxide & Transition
CAL22-010R	228.6	77.7	109.7	32.0	0.50	7.9	0.61	Oxide & Transition
	including:	77.7	88.4	10.7	0.93	18.7	1.18	Transition
CAL22-011R	228.6	32.0	36.6	4.6	0.23	2.4	0.26	Oxide
	and:	50.3	54.9	4.6	0.27	1.4	0.29	Oxide

Drill Hole	Total Depth (m)	From (m)	To (m)	Interval (m)	Au (gpt)	Ag (gpt)	Au Eq (gpt)	Metallurgical Domain
CAL22-001R	243.8	105.2	115.8	10.6	0.42	7.4	0.52	Oxide
CAL22-002R	274.3	170.7	217.9	47.2	0.78	1.3	0.80	Oxide
	including:	175.3	207.3	32.0	1.04	1.4	1.06	Oxide
CAL22-003R	228.6	102.1	125.0	22.9	0.41	1.4	0.43	Oxide
CAL22-004R	249.9	No Significant Intercepts
CAL22-005R	249.9	86.9	131.1	44.2	0.30	4.0	0.35	Oxide
	including:	112.8	125.0	12.2	0.52	1.3	0.54	Oxide
CAL22-006R	204.2	68.6	94.5	25.9	2.55	3.4	2.60	Oxide/Transition
	including:	77.7	88.4	10.7	4.13	3.3	4.17	Oxide/Transition
	and:	175.3	181.4	6.1	0.68	3.2	0.72	Oxide/Transition
CAL22-007R	259.1	91.4	111.3	19.8	0.41	1.6	0.43	Transition
	and:	146.3	161.5	15.2	0.72	0.9	0.73	Oxide

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