Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has announced the appointment of Antony Rowe and Miranda Werstiuk as independent directors to the company’s board of directors, effective immediately. In conjunction with the appointments, Josh Serfass and Max Pluss have stepped down from the board. The leadership update comes as the company advances its business strategy and progresses the Santa Fe Mine project toward gold and silver production, with management noting that the refreshed board brings experience in mine development and mining finance to help guide Lahontan through its transition from mine developer to mine builder.
Antony Rowe brings over 30 years of experience in mine development and operations, having held senior positions with major mining companies. Miranda Werstiuk is a seasoned mining finance professional with expertise in capital markets and project financing. Their appointments are expected to provide strategic oversight as Lahontan moves forward with its flagship Santa Fe Mine project in the Walker Lane of mining-friendly Nevada.
The Santa Fe Mine project, covering 26.4 square kilometers, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. According to a recent National Instrument 43-101 compliant technical report, the project hosts an Indicated Mineral Resource of 1,539,000 ounces of gold equivalent (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag) and an Inferred Mineral Resource of 411,000 ounces of gold equivalent (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag). The company plans to update the Santa Fe Preliminary Economic Assessment and drill test its satellite West Santa Fe project during 2025.
The technical content of this news release has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101. For more information, visit the company’s website at www.lahontangoldcorp.com.
The full press release is available at https://ibn.fm/1QEig. The latest news and updates relating to LGCXF are available in the company’s newsroom at http://ibn.fm/LGCXF.
