Lahontan Gold Reports Strong Cyanide Recovery Rates at West Santa Fe — Lahontan Gold Corp.

Event summary

Lahontan Gold reported cyanide recovery rates of 81% for gold and 60% for silver at its West Santa Fe project, exceeding previous metallurgical test projections.
The results are based on analyses of 158 pulp samples from the 2025 reverse-circulation drilling program.
The company plans to continue exploration at West Santa Fe to expand the precious metal system footprint.
A Mineral Resource Estimate (MRE) is anticipated later this year.

The big picture

Lahontan Gold's strong cyanide recovery rates at West Santa Fe validate the project's potential for heap leach processing, a cost-effective method for gold and silver extraction. This development aligns with broader industry trends towards optimizing metallurgical processes to improve recovery rates and reduce operational costs. The company's focus on expanding the resource base and updating its Preliminary Economic Assessment positions it to capitalize on favorable market conditions for precious metals.

What we're watching

Resource Expansion: The pace at which Lahontan Gold can expand the precious metal system footprint at West Santa Fe will determine the scale of future resource estimates.
Metallurgical Optimization: Whether additional metallurgical test work can further optimize precious metal recovery and lower processing costs will be critical for project economics.
Market Dynamics: How gold and silver price fluctuations will impact the economic viability of the West Santa Fe project as it advances towards production.