Lahontan Gold Corp. (TSE:LG) has released an update.
Lahontan Gold Corp has announced promising results from its 2024 Phase One drilling at the Santa Fe Mine, Nevada, with significant shallow oxide gold and silver finds. Notably, drill hole CAL24-003R encountered a substantial interval of high-grade oxide mineralization, potentially expanding the mining area. These findings are set to inform the upcoming Mineral Resource Estimate and Preliminary Economic Assessment, indicating a positive outlook for the mine’s development.
For further insights into TSE:LG stock, check out TipRanks’ Stock Analysis page.
