Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) is building momentum at its flagship Santa Fe Mine in Nevada, reporting a 22% increase in the project’s Mineral Resource Estimate. The updated estimate now stands at approximately 1.195 million ounces of gold equivalent in the Indicated category and 1.190 million ounces in the Inferred category, based on more than 136,000 meters of drilling. The company is advancing the past-producing mine toward a potential 2027 restart, leveraging existing mining and processing infrastructure.
The resource expansion comes as gold’s resilience in 2026, supported by central-bank purchases, geopolitical uncertainty and investor demand for hard assets, creates a potentially favorable backdrop for gold developers. Lahontan, a Canadian mine development and exploration company, controls four gold and silver properties in Nevada’s Walker Lane, one of the world’s most productive and mining-friendly regions. Through its U.S. subsidiaries, the company holds three 100%-owned properties and one controlled via a low-cost option to acquire full ownership.
In addition to the resource update, Lahontan is pursuing additional exploration, permitting, metallurgical optimization and economic studies. Drilling at its nearby West Santa Fe project could provide another potential source of mineralization, further enhancing the company’s growth prospects. However, a restart remains dependent on permitting, financing, economic studies and successful development. The company is targeting 2027 construction as it works to advance Santa Fe from a past-producing operation toward potential renewed production.
For investors seeking exposure to the gold sector, Lahontan’s progress at Santa Fe offers a near-term path to production. The company’s focus on unlocking oxide gold and silver value from infrastructure-rich projects positions it well in a rising gold price environment. More information about Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) is available through its client page and its InvestorBrandNetwork profile. The full article can be viewed at https://ibn.fm/4duhz, and the company’s website is www.LahontanGoldCorp.com. The latest news and updates relating to LGCXF are available in the company’s newsroom at http://ibn.fm/LGCXF.
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