Lahontan Gold Corp. (TSE:LG) has released an update.
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Lahontan Gold Corp. has announced a promising Preliminary Economic Assessment for its Santa Fe Mine project in Nevada, showcasing the potential for a highly profitable venture with a projected nine-year lifespan. The assessment highlights a pre-tax net present value of $265.1 million and a payback period of 2.9 years, driven by positive trends in gold and silver prices. The company plans to further optimize and expand its resources, with mine permitting underway and a groundbreaking targeted for 2026.
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