Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) announced on October 14, 2026, the results of an updated Preliminary Economic Assessment (PEA) for its flagship Santa Fe Mine in Nevada’s Walker Lane. The study projects estimated net cash flow of US$1.68 billion before taxes and US$1.32 billion after taxes over an 11-year active mine life. Output is expected to step up to roughly 112,500 gold equivalent ounces per year from Year 4 through Year 11, with four years of the plan topping 120,000 ounces.
The PEA outlines a post-tax net present value at a 5% discount rate of US$820 million and an internal rate of return of 40.1% at base-case prices of US$3,600 gold and US$49 silver. These figures arrive as gold holds over US$4,100 an ounce through mid-October, a level few mine plans were built around. However, higher prices do not produce new ounces on their own; new mines take years to permit, finance and build, and the projects best placed to benefit are those with credible production plans, defined capital requirements and economics that can withstand a retreat in metal prices.
Nevada accounted for about 64% of U.S. gold mine production in 2025, according to the U.S. Geological Survey, reinforcing the strategic location of the Santa Fe Mine. The project’s economics are anchored by a substantial cash flow engine that could generate significant returns even at lower metal prices. The updated study provides investors with a clearer picture of the project’s scale and profitability, which is critical for advancing toward production.
Dual-listed on the TSX Venture Exchange and OTCQB, Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has now put concrete numbers to its development case. The latest news and updates relating to LGCXF are available in the company’s newsroom at ibn.fm/LGCXF. The announcement was disseminated through InvestorWire, a specialized communications platform that is part of the Dynamic Brand Portfolio at IBN. InvestorWire provides access to a vast network of wire solutions, including editorial syndication to 5,000+ outlets and social media distribution to millions of followers. For full terms of use and disclaimers applicable to all content provided by InvestorWire, visit https://www.InvestorWire.com/Disclaimer.
