Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has entered a definitive agreement to acquire Emergent Metals Corp., a move that will expand its gold and silver portfolio in Nevada’s Walker Lane and streamline its ownership structure, according to a recent article. The transaction, disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), would consolidate Lahontan’s ownership of the West Santa Fe property, eliminate royalty obligations on West Santa Fe and 27 adjacent York claims, and add the strategically located New York Canyon project.
The acquisition would increase Lahontan’s Walker Lane land package to more than 93 square kilometers, strengthening its regional position as gold prices remain historically elevated, driven by central bank purchases, investment demand and geopolitical uncertainty. The company’s flagship Santa Fe Mine project previously produced 359,202 ounces of gold and 702,067 ounces of silver and currently hosts indicated resources of 1.195 million gold-equivalent ounces and inferred resources of 1.19 million gold-equivalent ounces.
Lahontan’s 2026 objectives include advancing permitting toward targeted construction in 2027 and drilling at West Santa Fe toward a maiden resource estimate by year-end. The acquisition is expected to support its plans to advance its Nevada projects toward potential production. The full article is available at https://ibn.fm/13jbX.
Lahontan Gold is a Nevada-focused mine development company advancing a portfolio of four gold and silver projects in mining-friendly Nevada’s prolific Walker Lane. Its primary focus is the restart of its flagship, the 28.3 km² Santa Fe Mine project, with a targeted return to production in 2027. For more information, visit the company’s website at 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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