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.

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Lahontan Gold Corp. > Raise is completed! All cashed up

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Comment by Whateverrron Sep 04, 2024 3:05pm

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Post# 36208467

RE:RE:Raise is completed! All cashed up

Agree. I am not so sure about a viable mining project here but put that aside and say there is one.....There are some enormous costs that would be consistent to move this forward with studies, permits then actual construction. They diluted more then 55% of their share base just to raise that most recent funding that will last only 6-9 months AND does not even start to get in to the BIG spending. As I have thought for some time, even if there is a project here( I am doubtful) the current and past shareholders will be obliterated by the time a mine might get greenlighted to develop. That is noting the current 5-8 cent share holders. Those at 15 cents 20 cents, OMG 30 cents...how is it even possible to recoop. Lottery odds.