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Lahontan Gold Corp. ( (TSE:LG) ) has shared an announcement.
Lahontan Gold Corp. has engaged RESPEC Company LLC and Kappes, Cassiday & Associates to update the technical report for its Santa Fe Mine project in Nevada, including a new mineral resource estimate and a revised preliminary economic assessment. The work will integrate drilling completed since late 2024, new metallurgical data, updated mining costs and revised gold and silver price assumptions to redefine pit shells, with the mineral resource estimate expected in the coming months and the economic study targeted for the second quarter of 2026, providing an updated operational model to support mine planning and permitting.
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. Its flagship 28.3 km² Santa Fe Mine project, a former open-pit, heap-leach producer, currently hosts a substantial pit-constrained NI 43-101 mineral resource in both indicated and inferred categories, and the company aims to advance Santa Fe toward production while also testing nearby satellite targets such as West Santa Fe.
Average Trading Volume: 1,127,146
Technical Sentiment Signal: Buy
Current Market Cap: C$75.48M
See more insights into LG stock on TipRanks’ Stock Analysis page.