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Lahontan Gold Corp. V.LG

Alternate Symbol(s):  LGCXF

Metals & Mining Gold
Lahontan Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the identification, acquisition, evaluation and exploration of mineral properties in Nevada. It holds three gold and silver exploration projects in the Nevada’s prolific Walker Lane. Its projects include Santa Fe, Moho and Redlich. The flagship asset, the 100% owned 26.4 square kilometers (km2) Santa Fe Project, is a past producing gold and silver mine with the potential to host gold and silver resources. Santa Fe Project is located 15 Km southwest of the Paradise Peak mine and contiguous with the Isabella-Peal mine, a high-grade open-pit heap leach operation. The Moho project is comprised of a total of 119 unpatented mining claims located in Mineral County, Nevada. Its Redlich project is in the Walker Lane about midway between Hawthorne and Tonopah, Nevada. Its Moho Project and the Redlich Silver Project are drill-ready and have the potential to add additional gold and silver resources.


TSXV:LG - Post by User

Lahontan Gold Corp.
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Post by Betteryear2on May 15, 2023 11:33am
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Post# 35448321

Lahontan Signs Binding Term Sheet

Lahontan Signs Binding Term SheetTORONTO, ON / ACCESSWIRE / May 15, 2023 / Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce that it has signed a binding term sheet (the "Term Sheet") with a wholly-owned subsidiary of Emergent Metals Corp (collectively "Emergent") to acquire the advanced West Santa Fe gold-silver exploration project ("West Santa Fe"; also known as Mindora), located only 15 km West of Lahontan's Flagship asset, the Santa Fe Mine, in Nevada's prolific Walker Lane. West Santa Fe hosts an oxidized gold-silver mineralized system in a geologic setting nearly identical to Santa Fe. Previous exploration drilling at West Santa Fe totals over 13,000 metres in 171 drill holes; only five holes are deeper than 165 metres. Modeling of drill hole data by Lahontan geologists outlines a shallow gold and silver system with a sufficient volume to host 0.5 to 1.0M ounces of oxidized gold and silver mineralization in an open-pit mining configuration[1].

Lahontan Signs Binding Term Sheet to Acquire Strategic Advanced Gold-Silver Project Adjacent to Santa Fe (accesswire.com)
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