Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) announced the appointment of Antony Rowe and Miranda Werstiuk as independent directors to the company's board of directors. In conjunction with the appointments, Josh Serfass and Max Pluss have stepped down from the board. The leadership update comes as the company advances its business strategy and progresses the Santa Fe Mine project toward gold and silver production, with management noting that the refreshed board brings experience in mine development and mining finance to help guide Lahontan through its transition from mine developer to mine builder.
The appointments are effective immediately. Antony Rowe brings extensive experience in mine development and operations, having held senior leadership roles in multiple mining projects. Miranda Werstiuk adds expertise in mining finance and corporate strategy, which will be instrumental as the company seeks to advance its flagship Santa Fe Mine project. The company plans to continue advancing the Santa Fe Mine project toward production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan's flagship property, the 26.4 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained.
The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects. For more information, please visit the company's website at www.lahontangoldcorp.com.
The full press release is available at https://ibn.fm/1QEig. For the latest news and updates relating to LGCXF, visit the company's newsroom at http://ibn.fm/LGCXF.
