tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lahontan Extends Shallow Oxide Gold Mineralization at Santa Fe’s Slab Zone

Story Highlights
  • Lahontan’s new drilling at the Slab pit intersected broad zones of shallow oxide gold and silver below and outside the current resource shell.
  • These results may significantly expand the Slab resource, feed an updated economic study, and bolster Lahontan’s upcoming mine permitting and exploration plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lahontan Extends Shallow Oxide Gold Mineralization at Santa Fe’s Slab Zone

Claim 50% Off TipRanks Premium

An update from Lahontan Gold Corp. ( (TSE:LG) ) is now available.

Lahontan Gold Corp. reported new assay results from two reverse-circulation drill holes at the south Slab pit of its Santa Fe Mine Project, intersecting long intervals of shallow oxide gold and silver mineralization beneath and beyond the current mineral resource pit shell. The company said these results extend mineralization to the south, west and at depth, suggesting potential for a significantly larger resource at Slab, and plans to incorporate the data into an updated mineral resource estimate and revised preliminary economic assessment that will also support upcoming state and federal mine permit applications and guide further exploration along the district-scale Calvada fault zone.

More about Lahontan Gold Corp.

Lahontan Gold Corp. is a precious metals exploration company focused on advancing its flagship Santa Fe Mine Project in Nevada’s Walker Lane trend, exploring for near-surface oxide gold and silver resources with the aim of defining and expanding open-pit mineable deposits.

Average Trading Volume: 1,053,985

Technical Sentiment Signal: Buy

Current Market Cap: C$77.28M

For detailed information about LG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1