Lahontan Gold Corp. (TSX.V: LG | OTCQB: LGCXF) has resumed exploration drilling at its 19km² Santa Fe Project in Nevada’s Walker Lane, U.S. This Phase Two drilling programme will initially focus on expanding the footprint of oxide gold and silver mineralization neighbouring the Slab pit and Calvada fault target areas.
Approximately 18 RC drill holes totalling 3,700 metres are scheduled, targeting areas adjacent to and down-dip from the company’s previous core drilling campaign completed in 2021. Additional drilling at other target areas at Santa Fe is also in the planning stages.
“The company is excited to resume drilling at Santa Fe. The RC drill holes planned for the Slab and Calvada targets are vital to the completion of our maiden mineral resource estimate planned for later this year,” Kimberly Ann, CEO, president, director, and founder of Lahontan Gold Corp commented.
“These drill holes have the potential to greatly expand the shallow oxide resources as we continue to develop the Santa Fe story: Shallow, potentially heap-leachable, oxide mineralization coupled with very high-grade, deeper gold and silver mineralization along feeder structures. This dual path exploration strategy can generate significant new largescale gold and silver resources at Santa Fe.”
About Lahontan Gold
Lahontan Gold is a Canadian mineral exploration company that holds, through its U.S. subsidiaries, three top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada.
For further information please visit: https://lahontangoldcorp.com/
