Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF): Why Past Producers Offer the Clearest Path to Near-Term Gold Production
Lahontan’s Santa Fe Mine produced 359,202 ounces of gold and 702,067 ounces of silver between 1988-1995 using low-cost heap leach operations, establishing proven mineralization and processing methods The current 2-million-ounce resource at cash costs of $1,230 per ounce positions the company for profitable production as gold reaches critical mineral status under the new administration Fast-track permitting strategy targeting early 2027 production leverages existing infrastructure and pro-mining regulatory environment in Nevada’s Walker Lane district The gold mining sector faces a fundamental challenge that extends beyond typical commodity cycles: the increasing difficulty and cost of bringing new mines into production. While gold…