Lahontan Confirms Eastern Extension to Shallow GOLD Mineralization at WEST Santa Fe
217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com
NEWS RELEASE TSX.V LG, OTCQB LGCXF
LAHONTAN CONFIRMS EASTERN EXTENSION TO SHALLOW GOLD
MINERALIZATION AT WEST SANTA FE
Toronto, Ontario, June 18, 2024. Lahontan Gold Corp (TSXV:LG, OTCQB:LGCXF) (the
"Company" or "Lahontan") is pleased to announce that it has confirmed an easterly extension of shallow
gold and silver mineralization at the Company’s West Santa Fe project located in Nevada’s prolific Walker
Lane only 13 kilometres from Lahontan’s Flagship Santa Fe Mine Project. Detailed fieldwork, including
geologic mapping, combined with reinterpretation of a previous magnetic geophysical survey, has
confirmed a near 1,000 metre extension of gold and silver mineralization from the area of closely spaced
historic drilling. The historic drilling, totally 171 drill holes for approximately 13,000 metres, defines
shallow, oxidized, gold and silver mineralization in the area of the Mindora underground mine. The recently
completed work shows that this zone of mineralization continues to the east, an area marked by numerous
shallow adits, prospect pits, and outcrops of hydrothermally altered rock. Analysis of the historic drilling
has already generated excellent targets for drilling, however, with this new extension to gold and silver
mineralization confirmed, the size of the potential mineralized zone and drilling target is dramatically
increased.
Kimberly Ann, Lahontan Founder, CEO, President, and Director commented: “The completion of this work
at West Santa Fe is vital to understanding the full size and therefore potential of the West Santa Fe project.
We will continue detailed mapping and sampling at West Santa Fe to finalize drill targets, especially in the
area of this newly confirmed easterly extension to gold and silver mineralization. We have also completed
modeling conceptual pit shells based on the historic drilling, this data will guide confirmatory drilling in
the Mindora mine area. Overall, great progress at West Santa Fe”.
About Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds,
through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of
mining friendly Nevada. Lahontan’s flagship property, the 26.4 km2 Santa Fe Mine project, had past
production of 345,000 ounces of gold and 711,000 ounces of silver between 1988 and 1995 from open pit
mines utilizing heap-leach processing (Nevada Bureau of Mines and Geology, 1995). The Santa Fe Mine
has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,112,000 oz Au Eq
(grading 1.14 g/t Au Eq) and an Inferred Mineral Resource of 544,000 oz Au Eq (grading 1.00 g/t Au Eq),
all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report*). The
Company will continue to aggressively explore Santa Fe during 202 4 and complete a Preliminary
Economic Assessment evaluating development scenarios to bring the Santa Fe Mine back into production.
Quentin J. Browne, P.Geo., Consulting Geologist to Lahontan Gold Corp., is the Qualified Person for the
Company and approved the technical content of this news release. For more information, please visit our
website: www.lahontangoldcorp.com
* Please see the Santa Fe Project Technical Report, Authors: Trevor Rabb and Darcy Baker, P. Geos. Effective Date: December
7, 2022, Report Date: March 2, 2023. The Technical Report is available on the Company’s website and SEDAR.
217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com
On behalf of the Board of Directors
Kimberly Ann
Founder, CEO, President, and Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, Director
Phone: 1-530-414-4400
Email:
Website: www.lahontangoldcorp.com
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Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact,
this news release contains certain "forward-looking information" within the meaning of applicable securities law.
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uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators,
which filings are available at www.sedar.com