Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.
- Santa Fe is a past-producing brownfield project targeting a 2027 restart, leveraging existing infrastructure to reduce capital requirements and execution risk
- Groundwater drilling did not intercept the water table beneath the proposed pits, a permitting advantage, while 40 years of undisturbed Corona-era waste rock shows no sign of acid drainage
- An updated Mineral Resource Estimate is expected and a revised PEA by the end of August, building on a 2025 study that outlined a $200 million after-tax NPV and a 34.2% IRR
As permitting timelines lengthen and development costs continue to rise, investors are placing greater value on mining projects that can reach production with fewer unknowns. Past-producing brownfield assets… are increasingly standing out as a potentially faster and lower-risk path to new gold production. Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) is a dual-listed Canadian/U.S. mine development and exploration company advancing a portfolio of gold and silver assets across Nevada’s prolific Walker Lane trend. The company’s flagship Santa Fe Mine is central to that strategy, leveraging its past-producing history and existing infrastructure to support a potential 2027 restart.
A Brownfield Restart in a Demanding Permitting Era
The 28.3 km² Santa Fe Mine is a past-producing open-pit, heap-leach operation that yielded 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. That history is the point. The site already carries power, water, and road access, along…
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