Lahontan Gold strengthens team as it advances former Nevada mine restart - Mining.com.au

AI desk brief

Lahontan Gold is advancing its Santa Fe Mine restart in Nevada, adding exploration, mine engineering and investor relations leadership as it targets construction in 2027. The project is being positioned as a phased oxide restart first, with permitting underway and a new PEA due after a resource update lifted the project to nearly 1.2Moz indicated and 1.19Moz inferred gold equivalent, up 22% from the 2024 estimate.

Santa Fe is a former open-pit heap-leach gold-silver mine that produced 359,202oz gold and 702,067oz silver between 1988 and 1995. Lahontan is now evaluating whether to layer in the larger sulphide resource later, which could improve the longer-term production profile if permitting and economics hold up.