Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) is advancing the past-producing Santa Fe gold and silver mine in Nevada, a jurisdiction that regained the Fraser Institute’s top global mining ranking in 2025. The ranking reflects strong scores for regulatory stability, taxation, infrastructure, and permitting, making Nevada one of the most attractive regions for mining investment. For Lahontan, this means a clearer path to development at a time when global demand for gold remains robust.
Santa Fe offers the advantages of an established open-pit, heap-leach operation with existing power, water, and road access. The company’s August 2026 resource update outlined 2.385 million ounces of pit-constrained gold equivalent, a 22% increase from the 2024 estimate. This growth in resources is significant because it extends the potential mine life and improves project economics, which could attract further investment and partnerships.
Lahontan is now pursuing Nevada state permitting for a Phase One oxide mine plan while updating its economic assessment to incorporate sulfide resources. The inclusion of sulfides could add substantial value, as these resources were not part of the initial oxide-focused plan. With construction targeted for 2027, the company is moving closer to becoming a producer, which would generate revenue and cash flow.
For investors, the resource increase and permitting progress signal that Lahontan is de-risking its flagship project. The company’s focus on oxide gold and silver from past-producing, infrastructure-rich projects positions it to potentially capitalize on higher gold prices. As noted in the full article available at https://ibn.fm/zc0D3, Lahontan is unlocking value from its Nevada assets.
Lahontan Gold is a Canadian mine development and exploration company advancing a portfolio of gold and silver assets in Nevada’s Walker Lane, one of the world’s most productive and mining-friendly regions. Through its U.S. subsidiaries, the company controls four gold and silver properties in Nevada, three of which are 100%-owned and one controlled via a low-cost option to acquire full ownership. With a clear near-term path to production, Lahontan is focused on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects. For more information, visit the company’s website at www.LahontanGoldCorp.com.
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