Lahontan Gold Corp. is pleased to announce that, further to its press release of February 8, 2023, it has increased the size of the offering of units of the Company. Under the amended terms of the Offering , Beacon Securities Limited has agreed to sell, on a best efforts private placement basis, up to 20,910,000 units at a price of $0.11 per Unit for aggregate gross proceeds of up to $2,300,100 . Each Unit shall consist [...]
Lahontan Gold Corp. is pleased to announce that it has entered into an agreement with Beacon Securities, as sole agent in connection with a best efforts private placement of up to 13,640,000 units of the Company at a price of $0.11 per Unit for aggregate gross proceeds to the Company of up to $1,500,400. Each Unit shall consist of one common share in the capital of the Company and one-half of one common share purchase [...]
Lahontan Gold Corp. is pleased to announce it has begun metallurgical test work at its flagship Santa Fe Mine, a past-producing open pit, heap-leach gold and silver mine located in Mineral County, Nevada. The program is designed to verify historic gold and silver recoveries from oxide mineralization at Santa Fe, and to provide baseline metallurgical data that can be used to design process flowsheets for any future mining [...]
Lahontan Gold Corp. is pleased to announce the maiden Mineral Resource Estimate for its flagship Santa Fe Mine, a past-producing open pit, heap leach gold and silver mine located in Mineral County, Nevada. The MRE for Santa Fe is based upon 1,275 drill holes totaling 125,435 metres, including 50 drill holes totaling 13,118 metres drilled by Lahontan since 2021. Highlights of the MRE include: Project-wide pit constrained [...]
Lahontan Gold Corp. is pleased to announce results from an additional five reverse-circulation rotary drill holes from the Company's Phase Two drilling campaign exploring the Slab pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The five drill holes, totaling 1,111 metres, are the final drill holes of the Company's Phase Two drilling campaign. The drill holes targeted down-dip extensions of [...]
Lahontan Gold Corp. is pleased to announce results from an additional four reverse-circulation rotary drill holes from the Company's Phase Two drilling campaign exploring the Slab pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The four drill holes, totaling 883 metres, targeted down-dip extensions of oxidized gold and silver mineralization east and northeast of the Slab pit. Past mining and [...]
Lahontan Gold Corp. is pleased to announce that, further to its press release of November 1, 2022, the Company has: made a payment to Minquest Ltd. in the amount of US$129,875 in cash or immediately available funds; and issued Minquest 800,000 common shares in the capital of the Company at a deemed value of US$0.08 per Common Share pursuant to the second amendment to the lease option to purchase agreement dated October 3 [...]
Lahontan Gold Corp. is pleased to announce that on October 3, 2022, it entered into a second amendment to the lease option to purchase agreement with Minquest Ltd. and Lahontan Gold Corp. amending the terms of the mining lease option to purchase agreement dated August 30, 2017 as amended August 25, 2020 between Minquest and Pyramid Gold Corp. , as assigned from Pyramid Gold to the Company on July 30, 2020 pursuant to the [...]
Lahontan Gold Corp. is pleased to announce results from the first seven reverse-circulation rotary drill holes of the Company's Phase Two drilling campaign exploring the Slab-Calvada pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The seven drill holes, totaling 1,710 metres, targeted down-dip extensions of oxidized gold and silver mineralization along the Calvada fault and northerly step-out [...]
Lahontan Gold Corp. is pleased to announce drill results from ten reverse-circulation rotary drill holes exploring the Santa Fe pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. Eight drill holes, totaling 2,614 metres, are the final RC holes from the 2021 drilling campaign. These drill holes targeted down-dip plus northwest and southeast step outs from known gold and silver mineralization along [...]
Lahontan Gold Corp. is pleased to announce that it has resumed exploration drilling at the Company's 19 km 2 Santa Fe Project in Nevada's Walker Lane. The Company's Phase Two drilling campaign will initially focus on expanding the footprint of oxide gold and silver mineralization adjacent to the Slab pit and Calvada fault target areas. Approximately 18 reverse-circulation rotary drill holes totaling 3,700 metres are [...]
Lahontan Gold Corp. is pleased to announce that Lahontan has been approved by OTC Markets Group Inc. for trading on the OTCQB Venture Market as of July 25, 2022 under the symbol "LGCXF". The Company's common shares will also continue to trade on the TSX Venture Exchange under the symbol "LG". Lahontan's listing on the OTCQB is anticipated to provide greater liquidity and a more seamless trading experience for our U.S [...]