The Prospector News

Lahontan Gold expands Santa Fe Mine drilling program following BLM approval of new drill sites

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Lahontan Gold expands Santa Fe Mine drilling program following BLM approval of new drill sites

 

 

 

 

Lahontan Gold Corp CEO Kimberly Ann joined Steve Darling from Proactive to announce a significant milestone in the advancement of the company’s flagship Santa Fe Mine project in Nevada. The company has received formal approval from the United States Bureau of Land Management (BLM) for an amendment allowing additional drill sites on unpatented lode mining claims situated on BLM-administered federal lands.

 

This regulatory green light marks a pivotal step forward for Lahontan, enabling the initiation of expanded exploration activities targeting the high-potential Slab and York areas within the Santa Fe property. These newly approved drill holes are designed to test for substantial extensions to known gold and silver mineralization, building upon the company’s previous successful intercepts.

 

Kimberly Ann confirmed that the upcoming drilling will form a core part of Phase One of Lahontan’s 2025 exploration program. The campaign will focus on step-out drilling from earlier high-grade zones discovered north of the Slab resource and throughout the York target area, with the aim of expanding the project’s overall resource footprint.

 

Lahontan has already completed several preliminary drill holes on the property, and the collected samples have been submitted for geochemical analysis. The company anticipates receiving the first batch of assay results in the coming weeks, which could provide valuable insights into the potential scale and continuity of mineralization at Santa Fe.

 

As Lahontan continues to progress its exploration efforts, this latest approval further reinforces the company’s commitment to unlocking the full value of the Santa Fe Mine, one of Nevada’s promising past-producing gold and silver assets.

 

Courtesy of Proactive Investors

 

Posted June 12, 2025

Share this news article

MORE or "UNCATEGORIZED"


Quimbaya Gold Closes $4 Million Financing and Expands Executive Team

Cornerstone investor brings proven regional track record; company... READ MORE

July 5, 2025

Spanish Mountain Gold Announces Larger Scale Preliminary Economic Assessment With a Base Case NPV5% After-Tax of C$1.0 Billion, 18.2 % IRR and 3.4 Year Payback at US$ 2,450/Oz Gold Price; at US$3,300/Oz Spot Gold Price NPV5% C$2.3 Billion, 32.0% IRR and 2.0 Year Payback; Including an Updated Mineral Resource Estimate for Its Spanish Mountain Gold Project

Spanish Mountain Gold Ltd. (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF)... READ MORE

July 4, 2025

Aura Announces Preliminary Q2 2025 Production Results

Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) is plea... READ MORE

July 4, 2025

Cascadia Announces Closing of Financing

Cascadia Minerals Ltd. (TSX-V:CAM) (OTCQB:CAMNF) is pleased to an... READ MORE

July 4, 2025

Abcourt Closes US$ 8M Loan Facility to Start Sleeping Giant Mine

Abcourt Mines Inc. (TSX-V: ABI) (OTCQB: ABMBF) is pleased to anno... READ MORE

July 4, 2025

Copyright 2025 The Prospector News