Lahontan Gold Corp Advances Metallurgical Testing to Boost Santa Fe Project Economics
TL;DR
Lahontan Gold Corp's innovative metallurgical testing at Santa Fe could significantly enhance gold recovery rates, offering investors a competitive edge in the mining sector.
Lahontan Gold Corp is conducting column leach testing to improve cyanide leach gold recovery in the mixed oxide-sulfide transition zone at Santa Fe, with results expected later this year.
By advancing the Santa Fe project, Lahontan Gold Corp contributes to sustainable mining practices, potentially improving local economies and setting a benchmark for environmental responsibility in Nevada's Walker Lane.
Lahontan Gold Corp's Santa Fe project, with its historical production of over 359,000 ounces of gold, is now at the forefront of modern mining innovation with its latest metallurgical testing.
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Lahontan Gold Corp has initiated a comprehensive metallurgical testing program at its Santa Fe project focused on improving gold and silver recoveries from the mixed oxide-sulfide transition zone. This strategic effort follows Preliminary Economic Assessment findings that indicated a 49% gold recovery rate in this specific domain, a figure the company aims to significantly enhance through advanced testing methodologies. The results expected later this year could substantially impact the project's economic modeling and production forecasting, potentially transforming the financial viability of the entire operation.
The Santa Fe project represents a cornerstone of Lahontan's development strategy, building upon a rich historical foundation of gold and silver production while currently maintaining substantial mineral resources. The transition zone between oxide and sulfide mineralization contains significant untapped resources that could be economically unlocked through improved recovery rates. CEO Kimberly Ann emphasized the critical nature of this testing initiative, noting that enhanced recoveries could immediately strengthen project economics and accelerate development timelines toward production.
Complementing the metallurgical testing program, Lahontan is preparing for an expanded drilling campaign scheduled for 2025, designed to drive resource growth and project optimization. The company has successfully secured approval from the Bureau of Land Management to access additional high-priority drill sites, facilitating more comprehensive exploration and development activities. This coordinated approach demonstrates Lahontan's systematic strategy to advance the Santa Fe project through multiple parallel initiatives.
The company's efforts are supported by extensive historical data and recent analytical work that reveals strong metallurgical potential throughout the Santa Fe property. Lahontan's engagement with leading industry consultants for the Preliminary Economic Assessment update reflects its commitment to rigorous technical standards and professional project advancement. Located within the prolific Walker Lane mining region, the Santa Fe project stands positioned to contribute significantly to the area's established legacy of gold and silver production, potentially establishing itself as a major contributor to regional mining operations.
Curated from InvestorBrandNetwork (IBN)
