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, effective immediately. In conjunction with these appointments, Josh Serfass and Max Pluss have stepped down from the board. The leadership refresh comes as the company advances its business strategy and progresses the Santa Fe Mine project toward gold and silver production.
According to the company, the refreshed board brings extensive experience in mine development and mining finance, which will help guide Lahontan through its transition from a mine developer to a mine builder. Antony Rowe has over 30 years of experience in mining finance and project development, having held senior roles at several mining companies. Miranda Werstiuk brings expertise in corporate governance, finance, and strategic planning, having served on multiple boards in the mining sector.
The Santa Fe Mine project, Lahontan’s flagship property, spans 26.4 km² in the Walker Lane of Nevada. The project had historical production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open-pit mines using heap-leach processing. A Canadian National Instrument 43-101 compliant technical report, with an effective date of December 10, 2024, outlines an 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) 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).
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. The technical content of this news release has been reviewed and approved by Michael Lindholm, CPG, an independent consulting geologist to Lahontan Gold Corp. and a Qualified Person as defined in National Instrument 43-101.
For more information, please visit the company’s website at www.lahontangoldcorp.com. The full press release is available at https://ibn.fm/1QEig. The latest news and updates relating to LGCXF are available in the company’s newsroom at http://ibn.fm/LGCXF.
