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