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 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing (Nevada Division of Minerals, www.ndomdata.com). 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 Lahontan Press Release dated October 15, 2024).
The Company completed its Preliminary Economic Assessment (“PEA”) in December 2024, evaluating development scenarios to bring the Santa Fe Mine back into production.
Cash: CAD 0.8M
Debt: NIL
Major shareholders:
KA Gold – 5%
Institutional – 50%
Retail – 45%
Management ownership- 5%
Kimberly Ann – Founder, CEO, Executive Chair, President & Director
Ms. Kimberly Ann is a mining executive who has founded multiple Junior Mining companies and served in a variety of senior executive positions including CEO, President, CFO and Board Member. In the past twelve years, Kimberly Ann has raised over $210M in project financing and collaborated on three Junior Mining M&A projects. While at Prodigy Gold, Kimberly Ann was responsible for all aspects of the company’s corporate communication program, facilitating equity financings, generating analyst coverage, participating in key aspects of corporate M&A leading to the $340M buyout of Prodigy by Argonaut Gold. Kimberly was CFO and VP Corporate Development at PPX Mining Corp, successfully bringing the high-grade Callanquitas gold-silver underground mine into production in Northern Peru. In 2017, Kimberly founded Latin America Resource Group (“LARG”), building Jasperoide from two small concessions into a 57 square kilometre strategic project in the heart of Peru’s most prolific copper-gold mineralized belt. In 2020, LARG merged with Carube Copper Corp. to create C3 Metals Inc., setting the stage for value creation throughout C3’s project portfolio. Kimberly is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Kimberly attended the University of Washington, majoring in Business and Marketing.
Brian Maher – Founder, VP Exploration
Brian J. Maher is an economic geologist with over 45 years of experience in the international mining and exploration industry. Prior to Lahontan, Brian was the President, CEO and Director of Prodigy Gold Inc. where he guided the company through a period of expansive growth, exploring and developing the 6.6M ounce Magino gold deposit in northern Ontario, culminating in the $341M acquisition of Prodigy Gold by Argonaut Gold in 2012. In 1982, Brian began a 16-year career with ASARCO Inc. exploring for gold and copper deposits in a variety of geologic environments throughout North and South America. From 1998 and 2004, Brian was Project Manager for Metallic Ventures Gold Inc., supervising underground and surface exploration, mine development and operations at an underground gold mine in Nevada. In 2005, Brian joined Hochschild Mining PLC and was involved in all aspects of the company’s North American exploration program, serving as the Exploration Manager for the US, Canada and Mexico. From 2013 to 2022, Brian was the President and CEO of PPX Mining, developing, and operating a high-grade underground gold and silver mine in northern Peru. Brian is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Brian received his BA degree (Geology) from the California State University, Chico in 1980 and his MSc. degree (Economic Geology) from Colorado State University in 1983.
Lahontan Gold is joining 121 Mining Investment in order to broaden the scope of our investor outreach and raise awareness of our projects. With the updated MRE and soon to be completed PEA, Lahontan is progressing towards its goal to bring the Santa Fe Mine back into production.
April 7, 2025 – Lahontan Revamps Board of Directors
March 18, 2025 – Lahontan Reports Progress on Santa Fe Plan of Operation
February 24, 2025 – Lahontan Plans 6,300 Metres of Drilling for West Santa Fe
February 4, 2025 – Lahontan Announces Closing of Private Placement and Sale of Common Shares by Victoria Gold Corp
January 24, 2025 – Lahontan Announces Filing of Santa Fe Preliminary Economic Assessment & Technical Report
January 20, 2025 – Lahontan Announces Private Placement of Common Shares
December 11, 2024 – Lahontan Gold Announces Positive Preliminary Economic Assessment for Santa Fe
December 10, 2024 – Lahontan Provides Update on Transfer of Victoria Gold Shares
November 28, 2024 – Lahontan Gold Announces Filing of Santa Fe Technical Report
November 11, 2024 – Lahontan Submits Santa Fe Exploration Plan of Operation to the Bureau of Land Management
October 15, 2024 – Lahontan Announces Increase in Mineral Resources at Santa Fe: 1,539,000 Au Eq oz Indicated, and 411,000 Au Eq oz Inferred
September 5, 2024 – Lahontan Reports CN-Soluble Gold Up to 91.5% at Calvada, 91.0% at York and 86.7% at Slab; Preg Robbing Potential Very Low
August 27, 2024 – Lahontan Drills 49 Metres Grading 0.51 g/t Au Eq incl. 7.6 Metres Grading 1.16 g/t Au Eq at Santa Fe
3 Months:
To have all Cultural & Biological Reports under review with BLM
Expect BLM Approval for POO
NEPA process begins for POO
Submit Mine Plan of Operation
6 Months:
Complete Air, Water, Waste Rock Chemistry
12 Months:
Public Comment Period
Full Permit Approval Expected 2026
– District scale 51-square-kilometer land package in the highly regarded Walker Lane district in Nevada, one of the world’s top regions for exploration and development.
– Gold and silver mineral inventory remains open and unconstrained by both drilling and geological factors. The updated Mineral Resource Estimate significantly increased project-wide pit constrained resources and demonstrated potential for further resource growth.
– Historic mining underscores the potential for massive upside.