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Lahontan Gold Corp. ( (TSE:LG) ) has shared an update.
Lahontan Gold Corp. announced that the Bureau of Land Management has deemed its Santa Fe Exploration Plan of Operations complete, allowing the project to enter the environmental assessment phase under NEPA. This milestone enables Lahontan to pursue extensive exploration, including over 700 drill sites, with the aim of unlocking the project’s potential and advancing towards production. The company anticipates completing the NEPA process by Q4 2025, paving the way for a comprehensive drilling campaign in 2026.
More about Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that operates through its US subsidiaries. It focuses on gold and silver exploration properties in Nevada’s Walker Lane. The company’s flagship project, the Santa Fe Mine, has a history of significant gold and silver production and holds substantial mineral resources.
Average Trading Volume: 670,343
Technical Sentiment Signal: Buy
Current Market Cap: C$32.94M
Learn more about LG stock on TipRanks’ Stock Analysis page.