Lahontan Revamps Board of Directors
217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com
NEWS RELEASE TSX.V LG, OTCQB LGCXF
LAHONTAN REVAMPS BOARD OF DIRECTORS
Toronto, Ontario, April 7, 2025 – Lahontan Gold Corp. (TSXV:LG, OTCQB:LGCXF) (the
"Company" or "Lahontan") is pleased announce major changes to the composition of its Board of
Directors (“the Board”). The Company plans to appoint Shane Williams, Evan Pelletier, and Max Pluss to
the Board, effective May 1, 2025. Concurrently, Directors Chris Donaldson and Bob McKnight, will step
down from the Board of Directors. Josh Serfass and Kimberly Ann will remain Directors of the Company.
Lahontan wishes to thank each of our departing Directors for their time and service to the shareholders of
the Company.
Kimberly Ann, Lahontan Gold Corp CEO, Chair, and Founder commented: “Lahontan is excited to
transition its Board during the Company’s next phase of development, bringing in mine engineering,
finance, and capital markets experience and expertise. As the Company heads down the pathway of mine
development and permitting at its Santa Fe Mine Project, adding Board members with strong résumés in
all facets of mine design, construction, and finance will be a strategic asset for management and the
Company. I wish to personally thank Chris and Bob for their dedicated service on the Board, helping lead
the Company to this critical point in its evolution from explorer to mine developer”.
New Board Member Biographies
Shane Williams: Mr. Shane is currently CEO, President, and Director of West Red Lake Gold Mines,
bringing the Madsen Gold Mine back into production. Prior to joining West Red Lake, Shane was the Chief
Operating Officer for Skeena Resources where he was involved in advancing the past producing Eskay
Creek Gold project towards a restart. Between 2013-2019 he was Vice President of Operations and Capital
Projects at Eldorado Gold where under his leadership the Lamaque Gold project was brought from
Preliminary Economic Assessment (PEA) to commercial operation in just 18 months. He also served as
Project Director for Eldorado Gold for their Greek assets and was responsible for the development of both
the Skouries and Olympias projects which together had a capex of over US$1B. Shane has extensive open-
pit development experience from his time working with Rio Tinto at the Iron Ore Company of Canada and
at Kaunis Iron in Northern Sweden where he, as Project Director, was responsible for the successful staged
development of this large, open-pit iron ore operation from early exploration into commercial operation
over a rapid 3.5-year period. Shane has a B.Eng. in Electrical Engineering from the Dublin Institute of
Technology Ireland and an M.Sc. in Project Management from the University of Limerick Ireland.
Evan Pelletier: Mr. Evan Pelletier is a senior mining professional with over 30 years of underground mining
experience, where he has spent most of his career, working for Lakeshore Gold and other gold mining
companies. Internationally, he has contracted roles in Mongolia, Argentina and Africa. Highly respected
among his peers, Evan is an industry leader as it relates to new technology, innovation and mining
operations. His responsibilities have included Mill Processing, Environmental, Paste Plant, Tailings and
Underground Operations with a primary focus on safety, quality mining and people management within
operations. Evan is currently a Mining Executive at Americas Gold & Silver, serving as Interim General
Manager at their Galena Underground Mine in Wallace, Idaho . Previously, he held the role of Vice
President of Mining, Kirkland Lake – Ontario, Canada (2020 - 2022) and was Mine Manager at Kirkland
Lake Gold, Macassa Mine (2016 - 2020). Evan was part of the team, that grew Kirkland Lake Gold from
217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com
a valuation of $400M in 2016 to $13B by 2022 when merged with Agnico Eagle. One of the major
accomplishments includes the sinking of a near 2,000 metre deep shaft at a budget of $450M, effectively
on time and on budget.
Max Pluss: Mr. Max Pluss is senior investment professional with experience overseeing investment
origination, due diligence, transaction structuring, portfolio monitoring, capital raising, and fund operations
across the hedge fund, private equity, and venture capital asset classes. In his role, Max has also served as
an advisor to public and private company management teams and boards on corporate development, due
diligence, market positioning, and capital formation. Max is the Founder of Rhea Capital Management, a
private investment company focused on backing and incubating disruptive and mission-driven companies,
providing capital, strategic guidance, and management expertise to early and growth-stage opportunities.
Previously, Max was a Junior Analyst and subsequently an Analyst at Extract Capital, a hedge fund focused
on equity and credit investments in natural resources, including in mining, energy, renewables, fertilizer,
timber, water, support services, and other real assets. Max began his career as Associate at a boutique
consulting company, advising public company CEOs on market positioning and assisting with idea
generation for fund managers in North America and Europe. Max received his B.A. from Colorado College
and M.B.A. degrees from Columbia University and London Business School.
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 359,202 ounces of gold and 702,067ounces of silver between 1988 and 1995 from open pit
mines utilizing heap-leach processing*. The Santa Fe Mine has a Canadian National Instrument 43-101
compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (grading 0.99 g/t Au Eq) and an Inferred
Mineral Resource of 411,000 oz Au Eq (grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive
of recovery, please see Santa Fe Project Technical Report*). The Company plans to continue advancing
the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment,
and drill test its satellite West Santa Fe project during 2025. For more information, please visit our website:
www.lahontangoldcorp.com
* Please see the “Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project”, Authors: Kenji Umeno, P.
Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM;
Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company’s website
and SEDAR+.
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:
217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com
Website: www.lahontangoldcorp.com
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange(“TSXV”) nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture 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. Forward-looking information is frequently characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions
"may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements
are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results
to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or
uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking
information, including factors beyond the Company’s control. The Company undertakes no obligation to update forward-
looking information if circumstances or management's estimates or opinions should change except as required by law.
The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying
risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities
regulators, which filings are available at www.sedarplus.com