Santa Fe Mine Land Package Expanded

TORONTO - Lahontan Gold Corp has significantly expanded its land holdings at its flagship Santa Fe Mine project by staking 98 unpatented lode mining claims covering over 7.5 km2. The newly staked claims cover possible extensions to the Slab gold and silver resources*, other exploration targets covered by young gravel, and a vast area of flat terrain that could be suitable for mine infrastructure such as heap leach pads and waste rock dumps.

Kimberly Ann, Founder, CEO, President, and Director, said, "The opportunistic staking of these claims gives Lahontan needed space for future mine infrastructure as well as covering logical extensions of known gold and silver mineralization in the Slab-Calvada area. While other companies are struggling under the current market conditions, Lahontan is fully financed and taking advantage of opportunities to grow our projects when the situation presents itself. The Santa Fe Mine now covers over 26.4 km2 adding to the 64.1 km2 the Company controls in Nevada's prolific Walker Lane. Lahontan will continue preparing its West Santa Fe project for drilling in 2024, completing its Plan of Operation for the Santa Fe Mine, and targeting a PEA for Santa Fe in 2024".

Newly staked unpatented lode mining claims at Lahontan Gold's Santa Fe Mine project, Mineral County, Nevada. The 98 new claims total 7.5 km2 and cover potential extensions to gold and silver resources in the Slab-Calvada area as well as flat terrain suitable for future mine infrastructure.