Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.
- Lahontan Gold Corp. recently announced that it received BLM approval for the drill program at the company’s West Santa Fe project, which sits only a short distance from Lahontan’s flagship Santa Fe Mine project
- The company’s drilling program focuses on both validating historic drilling and testing extensions to the known gold and silver system at West Santa Fe
- The CEO and President of Lahontan Gold Corp., Kimberly Ann, recently sat down for an interview where she spoke on the company’s progress with the Santa Fe project
Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), a mine development and exploration company, recently announced that it has received approval from the Federal Bureau of Land Management (“BLM”) for the company’s maiden drill program at the West Santa Fe project, which is only a short distance from the flagship Santa Fe project.
The BLM approved Lahontan’s Notice of Intent for drill sites on unpatented lode mining claims that are located on BLM administered Federal lands. This drilling program will focus on both testing expansions to the known gold and silver mineralized system at West Santa Fe, as well as validating historic drilling.
Currently, Lahontan has an active drill rig at the Sante Fe project and will move it to West Santa Fe when the current drill program is complete.
Speaking about this approval, Lahontan Gold Corp. CEO and President, Kimberly Ann, said that “The Company is excited to receive approval of the West Santa Fe NOI from the BLM. We appreciate the efficiency of the BLM in processing the permit. We can now focus on confirming the positive results from historic drilling at West Santa Fe which outlined a very shallow, oxidized, gold and silver system. Our geologic work at West Santa Fe shows that the gold and silver mineralization identified by historic drilling extends for several kilometres to the east along strike as well as down-dip to the north. The company expects the drilling program to commence in December”.
In addition to this news, Ann sat down for an interview at the recent 121 Mining Investment London event. She began the interview by providing a quick overview of the company, highlighting that it currently has two million ounces on paper in the Walker Lane region of Nevada, which is among the best mining jurisdictions in the world. She then moved onto talking about the aforementioned BLM approval, which is a major step in getting back to production.
Throughout the short interview she also covered several other topics such as the company’s NEPA approval, raising funds, the share performance recently, and the fact that the company acquired the York claims, which expands the footprint of the Santa Fe project.
About Lahontan Gold Corp.
Lahontan Gold Corp. is a mining and development company with a portfolio of gold and silver assets in Walker Lane region of Nevada, one of the most productive and mining-friendly locations in the world. The company has the mission of responsibly developing and expanding resources and maximizing economic returns, while also minimizing capital intensity.
For more information, visit the company’s website at www.LahontanGoldCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the company’s newsroom at ibn.fm/LGCXF
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