Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has embarked on a critical metallurgical testing phase at its Santa Fe project, targeting enhanced gold and silver recoveries from the mixed oxide-sulfide transition zone. This initiative is pivotal for the company's strategy to elevate the Santa Fe project's economic viability and progress towards production in Nevada's prolific Walker Lane region.
The company's recent column leach testing aims to surpass the 49% gold recovery rate achieved during the Preliminary Economic Assessment (PEA), with results expected later this year. CEO Kimberly Ann emphasized the significance of improving recoveries in the transition zone, where a substantial portion of the minable gold ounces resides, stating it could markedly impact project economics.
Historically, the Santa Fe project has been a significant gold and silver producer, with Lahontan's current management estimating over 1.5 million ounces of gold equivalent in the indicated category. The project's potential is further underscored by its location in the Walker Lane, a region known for its rich mining history and diverse deposit types.
Beyond metallurgical testing, Lahontan is gearing up for an expanded 2025 drilling campaign, following the Bureau of Land Management's approval to access additional high-priority drill sites. This campaign is crucial for resource growth and updating the Santa Fe PEA, integrating new metallurgical data and drilling results.
Lahontan's efforts are supported by historical metallurgical successes at Santa Fe, including high heap leach recoveries in oxide zones. The company's comprehensive approach, including engaging experts for PEA advancements, underscores its commitment to repositioning Santa Fe as a near-term producer and exploring satellite properties for future development.
This strategic focus on metallurgical testing and resource expansion highlights Lahontan Gold Corp.'s dedication to unlocking the full potential of its Santa Fe project, reinforcing its vision of becoming a leading gold and silver producer in Nevada's Walker Lane region.
