Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.
- Lahontan recently reported initial assays from Lahontan’s maiden reverse-circulation drilling at the company’s satellite West Santa Fe project
- Management’s commentary explicitly tied the drilling to an investor-relevant milestone: Validating the historical database for future resource estimation work
- The company has also retained RESPEC Company LLC and Kappes, Cassiday & Associates to update the Santa Fe Mine Project technical report
Repeatable, shallow oxide drill success and a clear path to updated economics can be the combination that moves a gold developer from story to strategy for investors. Recent updates from Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) regarding activity at its Santa Fe project center on exactly that: new near-surface results that support potential resource growth, and the start of a formal update process for the project’s mineral resource estimate and preliminary economic assessment (“PEA”).
The company recently reported initial assays from Lahontan’s maiden reverse-circulation drilling at the company’s satellite West Santa Fe project, located about 13 kilometers from the Santa Fe Mine project. The report noted the first of six reverse-circulation drill holes completed at West Santa Fe, 593 meters…
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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