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Lahontan Gold Corp. ( (TSE:LG) ) just unveiled an update.
Lahontan Gold Corp. has mobilized a Super 90 track‑mounted core drill rig to its flagship Santa Fe Mine Project in Nevada as part of a mine development program aimed at completing key State‑level permitting requirements. The core drilling campaign will collect samples for waste rock geochemical characterization and provide data on groundwater distribution in the planned open‑pit mining area, with management indicating that early‑2026 drilling is intended to keep the project on schedule for potential ground‑breaking in 2027, underscoring Santa Fe’s central role in the company’s growth pipeline.
More about Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company focused on gold and silver assets in Nevada’s Walker Lane district. Through its U.S. subsidiaries, it controls four exploration properties, led by the 28.3 km² Santa Fe Mine project, a former open‑pit, heap‑leach operation with significant past production and a sizable NI 43‑101 compliant pit‑constrained mineral resource. The company aims to advance Santa Fe toward production, update its preliminary economic assessment, and drill test the nearby West Santa Fe project in 2025.
Average Trading Volume: 1,060,544
Technical Sentiment Signal: Buy
Current Market Cap: C$76.56M
For an in-depth examination of LG stock, go to TipRanks’ Overview page.