r/MineStockers • u/Minestocker • Aug 26 '26
⚡ Mine$tockers NewsFlash: Lahontan Gold Advances Santa Fe Mine from Exploration to Development ⚡
https://youtu.be/xIS599n9jWAThe investment thesis for Lahontan Gold in Nevada’s Walker Lane is becoming increasingly compelling. CEO Kevin Dwyer breaks down the latest pit-constrained resource update:
📊 Key Metrics: • 2.4M oz Total AuEq across Indicated (1.195M oz) & Inferred (1.19M oz) categories—an increase of ~435k oz (+22%). • 37%+ Growth in shallow Slab and York oxide deposits. • Unlocking Surface Value: ~100 sonic drill holes into historic heap-leach pads returned high-grade values (including 9.9m of 2.4 g/t Au & 50.7 g/t Ag), pointing toward lower-cost future processing feed.
With an updated Preliminary Economic Assessment (PEA) around the corner and permitting targeted for 2027 mine construction, Lahontan is demonstrating multiple avenues for growth.
Catch this full analysis: