Lahontan Gold Corp. is pleased to announce that it has closed a non-brokered private placement through the issuance of 455,000 units at a price of $0.11 per Unit for gross proceeds of $50,050 . Each Unit is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant is exercisable to acquire one common share until February 28, 2026 at a price of $0.18 per [...]
Lahontan Gold is pleased to announce that the Company has filed on SEDAR an independent Technical Report and Mineral Resource Estimate titled "Santa Fe Project Technical Report," effective Dec 7, 2022, and dated March, 2023, for Lahontan's Santa Fe Mine gold and silver project. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and supports the [...]
Lahontan Gold Corp. is pleased to announce that, further to its press releases of February 8, 2023 and February 14, 2023, it has completed its previously announced brokered private placement through the issuance of 27,857,400 units at a price of $0.11 per Unit for gross proceeds of $3,064,314 , which includes the exercise of the agents' option. The Offering was conducted pursuant to the terms and conditions of an agency [...]
Lahontan Gold Corp. is pleased to announce that, further to its press release of February 8, 2023, it has increased the size of the offering of units of the Company. Under the amended terms of the Offering , Beacon Securities Limited has agreed to sell, on a best efforts private placement basis, up to 20,910,000 units at a price of $0.11 per Unit for aggregate gross proceeds of up to $2,300,100 . Each Unit shall consist [...]
Lahontan Gold Corp. is pleased to announce that it has entered into an agreement with Beacon Securities, as sole agent in connection with a best efforts private placement of up to 13,640,000 units of the Company at a price of $0.11 per Unit for aggregate gross proceeds to the Company of up to $1,500,400. Each Unit shall consist of one common share in the capital of the Company and one-half of one common share purchase [...]
Lahontan Gold Corp. is pleased to announce it has begun metallurgical test work at its flagship Santa Fe Mine, a past-producing open pit, heap-leach gold and silver mine located in Mineral County, Nevada. The program is designed to verify historic gold and silver recoveries from oxide mineralization at Santa Fe, and to provide baseline metallurgical data that can be used to design process flowsheets for any future mining [...]
Lahontan Gold Corp. is pleased to announce the maiden Mineral Resource Estimate for its flagship Santa Fe Mine, a past-producing open pit, heap leach gold and silver mine located in Mineral County, Nevada. The MRE for Santa Fe is based upon 1,275 drill holes totaling 125,435 metres, including 50 drill holes totaling 13,118 metres drilled by Lahontan since 2021. Highlights of the MRE include: Project-wide pit constrained [...]
Lahontan Gold Corp. is pleased to announce results from an additional five reverse-circulation rotary drill holes from the Company's Phase Two drilling campaign exploring the Slab pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The five drill holes, totaling 1,111 metres, are the final drill holes of the Company's Phase Two drilling campaign. The drill holes targeted down-dip extensions of [...]
Lahontan Gold Corp. is pleased to announce results from an additional four reverse-circulation rotary drill holes from the Company's Phase Two drilling campaign exploring the Slab pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The four drill holes, totaling 883 metres, targeted down-dip extensions of oxidized gold and silver mineralization east and northeast of the Slab pit. Past mining and [...]
Lahontan Gold Corp. is pleased to announce that, further to its press release of November 1, 2022, the Company has: made a payment to Minquest Ltd. in the amount of US$129,875 in cash or immediately available funds; and issued Minquest 800,000 common shares in the capital of the Company at a deemed value of US$0.08 per Common Share pursuant to the second amendment to the lease option to purchase agreement dated October 3 [...]
Lahontan Gold Corp. is pleased to announce that on October 3, 2022, it entered into a second amendment to the lease option to purchase agreement with Minquest Ltd. and Lahontan Gold Corp. amending the terms of the mining lease option to purchase agreement dated August 30, 2017 as amended August 25, 2020 between Minquest and Pyramid Gold Corp. , as assigned from Pyramid Gold to the Company on July 30, 2020 pursuant to the [...]
Lahontan Gold Corp. is pleased to announce results from the first seven reverse-circulation rotary drill holes of the Company's Phase Two drilling campaign exploring the Slab-Calvada pit area of the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. The seven drill holes, totaling 1,710 metres, targeted down-dip extensions of oxidized gold and silver mineralization along the Calvada fault and northerly step-out [...]