Lahontan Gold Corp, a Canadian mine development and exploration company, is advancing its portfolio of gold and silver assets in Nevada's Walker Lane region. The company controls four properties, three of which are fully owned and one under a low-cost option agreement for complete ownership. The Santa Fe Mine represents the cornerstone of Lahontan's strategy, containing 1.95 million ounces of pit-constrained gold equivalent resources across Indicated and Inferred categories.
A 2025 Preliminary Economic Assessment for the Santa Fe project demonstrates compelling economics with an after-tax net present value of $200 million and an internal rate of return of 34.2% based on current spot pricing. Nevada's status as the world's premier mining jurisdiction provides a favorable environment for Lahontan's development initiatives. The company emphasizes responsible development of oxide gold and silver resources from past-producing projects with existing infrastructure, aiming to minimize capital requirements while maximizing economic returns.
The leadership team brings substantial experience in advancing heap-leach gold operations and has demonstrated success in mergers and acquisitions. Near-term catalysts include progress on Santa Fe permitting, the inaugural drill program at the West Santa Fe project, and an upcoming updated economic study. Lahontan's strategic positioning enables potential capitalization on increasing demand for gold and silver resources.
Through application of technical expertise and concentration on high-margin heap-leach operations, the company seeks to generate stakeholder value while developing its mining portfolio in one of the world's most mining-friendly regions. The company's approach focuses on infrastructure-ready projects that can be developed with reduced capital intensity compared to greenfield developments.
