Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Strengthens Growth Outlook with Scalable Satellite Deposit Strategy

Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF)and may include paid advertising.

• The mining industry is increasingly focused on bolt-on deposits, near-mine expansion, and district-scale consolidation as reserve depletion accelerates
• West Santa Fe is only about 13 km from Lahontan’s flagship Santa Fe Mine project, positioning it as a potential high-value satellite deposit
• Recent drill operations confirm strong mineralization and a large surface footprint measuring about 500 x 350m, supporting long-term project scalability

As global reserve depletion continues to pressure the mining industry, companies are shifting their strategy away from expensive, standalone discoveries and toward scalable satellite deposits that can be developed alongside existing operations. The industry is increasingly prioritizing bolt-on deposits, district-scale consolidation, and near-mine expansion prospects that improve economics while reducing capital intensity and operational risk.

Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) is positioned strategically to capitalize on this rapidly evolving ecosystem. The company’s flagship Santa Fe Mine project in Nevada’s Walker Lane already benefits from established infrastructure, historical production, and strong development potential. Now, the company is expanding its growth strategy by advancing nearby targets that can improve the overall value of the project while also strengthening long-term production optionality.

A key example is the West Santa Fe project, located just 13 kilometers from the main Santa Fe Mine project. This proximity is strategically important because it creates significant opportunities for West Santa Fe to operate as a satellite deposit, leveraging existing infrastructure, centralized processing, and lower transport costs. In today’s market, these advantages are more attractive to investors looking for capital-efficient gold development stories.

Recent drilling results continue to buttress this thesis. Lahontan has confirmed extensive mineralization at West Santa Fe, with a significant footprint measuring about 500 meters by 350 meters. This indicates that the target could represent much more than an isolated exploration and instead become a meaningful resource extension capable of supporting district-scale development.

Lahontan’s flagship 26.4 km² Santa Fe Mine project previously produced about 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 through open-pit mining and heap-leach processing. With this historical production, the company now possesses a solid operational basis. At the same time, exploration success at nearby targets like West Santa Fe offers a clear pathway to expand the project’s economic potential without the same capital burden as greenfield development.

Lahontan currently operates through its American subsidiaries and controls four top-tier silver and gold exploration properties in the mining-rich state of Nevada. The company’s strategy highlights an industry trend: maximizing value by building on proven assets rather than relying solely on new, standalone discoveries. With majors and mid-tier producers increasingly seeking district consolidation opportunities, companies with expandable land packages and infrastructure-linked deposits are attracting greater market attention.

These updates highlight the company’s broader mission: to unlock long-term shareholder value through disciplined exploration, strategic resource expansion, and scalable project development in one of North America’s premier mining jurisdictions. The company’s focus on satellite deposit growth at West Santa Fe perfectly aligns with the market’s growing preference for efficient, infrastructure-supported development models.

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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