Lahontan Gold Corp. announced that cyanide extraction testing from its 2025 reverse-circulation drilling program at the West Santa Fe project demonstrated high recovery rates, with gold averaging 81% and silver 60%, exceeding prior metallurgical projections and supporting heap leach processing potential. The results validate historical and recent testing, reinforce the project’s amenability to cost-effective recovery methods and support continued exploration aimed at expanding the mineralized footprint ahead of a planned Mineral Resource Estimate later this year.
The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects. For more information, please visit the company's website at https://www.lahontangoldcorp.com.
Please see the “Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project”, Authors: Kenji Umeno, P. Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM; Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company’s website and SEDAR+. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources.
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