Lahontan Gold Corp Announces Results from Metallurgical Test Work at Santa Fe Mine Project
Introduction
TORONTO, ON / ACCESSWIRE / September 5, 2024 / Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) (the “Company” or “Lahontan”) is pleased to announce results from metallurgical test work spread across all four deposits at the Company’s 26-km2 Santa Fe Mine project located in Nevada’s prolific Walker Lane gold and silver belt. A total of 205 pulp samples from previous Lahontan drilling representing five of the principal mineralization types present throughout the Santa Fe Mine project area, were subjected to cyanide (“CN”) shake analysis to determine the amount of CN-soluble gold in the samples and pregnant solution robbing (“preg-robbing”) analysis to identify/eliminate any potential problem areas for preg-robbing in the four deposits.
Exploring Metallurgical Test Results
The results from the metallurgical test work at the Santa Fe Mine project are promising, indicating significant amounts of CN-soluble gold in the samples. This is a positive sign for the Company as it suggests a high potential for gold extraction from the deposits. Additionally, the preg-robbing analysis has helped identify and eliminate any potential issues that may have hindered the extraction process, ensuring smooth operations moving forward.
Impact on Individuals
As an individual investor, the positive metallurgical test results at Lahontan’s Santa Fe Mine project could potentially lead to increased profitability for the Company. This could result in higher stock prices and dividends for shareholders, making it an attractive investment opportunity.
Global Implications
The successful metallurgical test work at the Santa Fe Mine project not only benefits Lahontan Gold Corp but also has broader implications for the mining industry worldwide. It showcases the potential for efficient gold extraction methods, which could lead to increased production and profitability for other mining companies operating in similar regions.
Conclusion
In conclusion, Lahontan Gold Corp’s announcement of positive results from metallurgical test work at the Santa Fe Mine project is a significant milestone for the Company. The promising findings indicate a bright future for gold extraction at the site, which could have a positive impact on both individual investors and the global mining industry as a whole.
