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Investor Perception
Lahontan Gold is on observe to change into a number one gold developer in Nevada’s Walker Lane district, presenting a compelling funding alternative by combining a high-quality useful resource base with a transparent path to manufacturing in Nevada’s premier mining jurisdiction — all in a rising gold value surroundings.
Overview
Lahontan Gold (TSXV:LG,OTCQB:LGCXF) is concentrated on advancing its portfolio of high-quality gold and silver initiatives in Nevada. The corporate’s flagship Santa Fe mine was a previous producer that operated from 1988 to 1992, yielding 356,000 ounces of gold and 784,000 ounces of silver. Lahontan goals to unlock the mine’s full potential by increasing its assets and pushing ahead on allowing.
The corporate not too long ago accomplished a strong preliminary financial evaluation (PEA) outlining a transparent pathway to manufacturing. Allowing efforts are progressing with the Bureau of Land Administration, and Lahontan anticipates being ready to interrupt floor by 2026.
Moreover, strategic drilling campaigns are deliberate to additional broaden the prevailing useful resource base.
The corporate’s technique to unlock shareholder worth is to advance the Santa Fe mine towards manufacturing by derisking the venture by means of allowing and feasibility research, whereas optimizing heap leach processing for optimum recoveries and financial effectivity. Concurrently, it’s unlocking worth from satellite tv for pc deposits, together with West Santa Fe, which has high-grade oxide potential, and Moho, an early-stage venture with promising historic gold and silver intercepts.
Positioned as a low-cost developer in a top-tier jurisdiction, the corporate maintains robust institutional help with minimal dilution threat, guaranteeing capital effectivity and sustainable development.
Firm Highlights
- Flagship Santa Fe Mission: 100% owned, past-producing open-pit heap leach mine with an up to date useful resource estimate of 1.54 million ounces indicated and 0.41 million ounces inferred pit constrained useful resource
- Strategic Nevada Location: Located in Walker Lane, one of many world’s greatest mining jurisdictions, with glorious infrastructure, water entry, and a mining-friendly regulatory surroundings.
- Robust Useful resource Development Potential: The Santa Fe Mine and its satellite tv for pc initiatives, West Santa Fe and Moho, provide exploration upside, with additional drilling deliberate to broaden assets.
- Advancing Towards Manufacturing: With a constructive Preliminary Financial Evaluation (PEA) accomplished in late 2024, Lahontan is aggressively transferring towards allowing and improvement.
- Skilled Management: The corporate is led by an skilled administration workforce with a confirmed observe file in mine improvement, allowing, and worth creation for buyers.
Key Tasks
Santa Fe Mine
The Santa Fe mine, situated in Mineral County, Nevada, spans 26.4 sq km and represents Lahontan Gold’s flagship improvement venture. With an up to date mineral useful resource estimate of 1.95 Moz gold equal, the venture hosts a number of oxide and sulfide zones that stay open for growth.
Historic manufacturing from the Santa Fe mine yielded 356,000 ozgold and 784,000 ozsilver from an open-pit heap leach operation. Fashionable exploration and metallurgical testing have recognized further high-grade mineralization that would help an expanded operation.
The not too long ago accomplished PEA signifies robust financial potential, with favorable heap leach recoveries and low working prices. Lahontan is actively working with the Bureau of Land Administration to advance the allowing course of, with the purpose of attaining manufacturing readiness by 2026.
Lahontan has acquired affirmation from the Bureau of Land Administration (BLM) that its Santa Fe Exploration Plan of Operations (POO) is now full, paving the best way for the venture to enter the complete environmental evaluation (EA) below the Nationwide Environmental Coverage Act (NEPA). The completion marks over two years of baseline research, together with organic, cultural, and historic assessments, and covers greater than 12 sq km of the Santa Fe venture with provision for over 700 drill websites. With this milestone, Lahontan expects to safe ultimate POO approval in This fall 2025, enabling an expanded and sturdy drilling marketing campaign in 2026.
West Santa Fe
The West Santa Fe venture, located simply 13 km from the Santa Fe mine, is a extremely potential satellite tv for pc venture that would function an extension of the principle operation. Historic drill knowledge recommend the presence of a shallow oxide deposit, with early useful resource modeling indicating a possible gold equal useful resource of 0.5 to 1 Moz.
West Santa Fe’s glorious useful resource development potential
Lahontan is getting ready for an intensive drill program in 2025 to validate and broaden this useful resource. Geophysical surveys and geochemical sampling have recognized robust structural controls on mineralization, additional supporting the potential for financial extraction. Given its proximity to Santa Fe, West Santa Fe gives a compelling low-cost, high-margin alternative for future manufacturing.
Moho Mission
The Moho venture is one other 100% owned asset inside the Walker Lane district in Nevada, presenting a longer-term development alternative for Lahontan. The venture is characterised by historic high-grade gold and silver intercepts from previous drilling, with reported grades exceeding 20 g/t gold and 300 g/t silver. Preliminary exploration has confirmed the presence of oxidized tertiary epithermal vein techniques, which are perfect for typical heap leach processing. Core drilling in 2019 additional validated the high-grade nature of Moho’s mineralization, with important intercepts occurring at comparatively shallow depths. Lahontan plans to conduct further exploration drilling to refine useful resource estimates and assess potential financial viability.
Administration Crew
Kimberly Ann – Founder, Govt Chair, President and CEO
Kimberly Ann is a seasoned mining government who has based a number of junior mining firms and held senior roles, together with CEO, president, CFO, and board member. Over the previous 12 years, she has raised greater than $210 million in venture financing and took part in three junior mining M&A transactions. At Prodigy Gold, she led company communications, fairness financings, and analyst engagement, taking part in a key function within the firm’s $340 million acquisition by Argonaut Gold. As CFO and VP company improvement at PPX Mining, she efficiently superior the high-grade Callanquitas gold-silver underground mine into manufacturing in Northern Peru. In 2017, Kimberly based Latin America Useful resource Group, reworking Jasperoide from two small concessions right into a 57 sq km copper-gold venture in Peru’s most prolific mineralized belt. Following LARG’s 2020 merger with Carube Copper to type C3 Metals, she positioned the corporate for important portfolio development and worth creation.
Brian Maher – Founder and Vice-president of Exploration
Brian Maher is an financial geologist with over 45 years of expertise within the worldwide mining and exploration business. Previous to Lahontan, Maher was the president, CEO and director of Prodigy Gold, the place he guided the corporate by means of a interval of expansive development, exploring and growing the 6.6 Moz Magino gold deposit in northern Ontario, culminating within the $341 million acquisition of Prodigy Gold by Argonaut Gold in 2012. In 1982, he started a 16-year profession with ASARCO, exploring for gold and copper deposits in a wide range of geologic environments all through North and South America. From 1998 and 2004, he was venture supervisor for Metallic Ventures Gold, supervising underground and floor exploration, mine improvement and operations at an underground gold mine in Nevada.
John McNeice – CFO
John McNeice is a chartered skilled accountant registered in Ontario, Canada, with over 30 years of expertise in public firm reporting, monetary administration, accounting and audit. At the moment McNeice is the CFO of Gold79 Mines (TSXV:AUU), C3 Metals (TSXV:CCCM) and Northern Graphite (TSXV:NGC), the place he’s answerable for monetary and regulatory reporting in addition to day-to-day monetary administration. He has held CFO roles in seven public useful resource firms over the previous 17 years and has overseen IPOs, RTOs and plenty of quarterly, annual and periodic public firm filings. From 2004 to 2007, McNeice was CFO of Ur-Power, a uranium exploration and improvement firm now a US-based producer of uranium. Throughout his tenure, Ur-Power raised an mixture of $150 million in a collection of personal placements, the IPO and several other important secondary financings.
Josh Serfass – Impartial Director
Josh Serfass is the manager vice-president of company improvement and investor relations at Integra Sources. Beforehand, he was the supervisor of company communications at Integra Gold. He was a key member of the workforce at Integra Gold that grew, developed and offered the previous producing Lamaque mine in Val-dOr, Québec to Eldorado Gold for C$590 million in 2017. Dedicated to considering in a different way about mining, Serfass labored with the workforce at Integra Gold to host the 2016 Integra Gold Rush Problem and the 2017 #DisruptMining Problem, initiatives that inspired innovation and know-how disruption within the mining business.
Shane Williams – Impartial Director
Shane Williams is president, CEO, and director of West Purple Lake Gold Mines, main the restart of the Madsen Gold Mine. He was beforehand COO of Skeena Sources, advancing Eskay Creek, and VP of Operations and Capital Tasks at Eldorado Gold, the place he introduced the Lamaque Gold Mine from PEA to manufacturing in simply 18 months. As venture director, he additionally oversaw Eldorado’s Skouries and Olympias initiatives with a mixed US$1 billion capex, and earlier led improvement of Sweden’s Kaunis Iron open-pit mine from exploration to operation in 3.5 years. Williams holds a B.Eng. in Electrical Engineering and an M.Sc. in Mission Administration.
Evan Pelletier – Impartial Director
Evan Pelletier is a mining government with over 30 years of underground mining expertise in North America, Mongolia, Argentina, and Africa. He’s at the moment the interim basic supervisor of the Galena Mine with Americas Gold & Silver, and beforehand served as VP of Mining at Kirkland Lake (2020–2022) and mine supervisor on the Macassa Mine (2016–2020). At Kirkland Lake, he helped develop the corporate from $400 million in 2016 to $13 billion in 2022, together with oversight of an almost 2,000-metre shaft with a $450 milliom funds, delivered on time and on funds.
Max Pluss – Impartial Director
Max Pluss is an funding skilled with expertise throughout hedge funds, personal fairness, and enterprise capital. He’s the Founding father of Rhea Capital Administration, backing and incubating mission-driven firms. Beforehand, he was an analyst at Extract Capital, a hedge fund targeted on pure useful resource investments, and earlier suggested public firm CEOs on company improvement and market positioning. pluss holds a B.A. from Colorado School and M.B.A. levels from Columbia College and London Enterprise College.
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