Lahontan Gold (TSXV:LG) is a Nevada-based junior gold and silver miner actively developing a portfolio with multi-million-ounce potential in one of the world’s top mining jurisdictions.
The company has been conducting its 2024 drilling program, which consists of a planned 15 holes spanning 3,000 metres in the Slab-Calvada and Santa Fe pit areas. This will follow up 2023’s campaign, having identified multiple attractive targets to potentially expand mineral resources, before completing a preliminary economic assessment for Santa Fe later this year.
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Commodity prices
As of the time of this writing Tuesday, the price of gold sits at US$2,760.10, up slightly from $2,748.40 per ounce from last week’s update, according to data from Kitco.com.
This week in gold
- Mawson Gold’s (TSXV:MAW) subsidiary, Southern Cross Gold (ASX:SXG), is to acquire the remaining 30 per cent interest in the Redcastle project.
- Barrick Gold (TSX:ABX) denies the Malian Ministry of Mines and the Ministry of Finance allegations, asserting that it has not fulfilled its commitments.
- Puma Exploration (TSXV:PUMA) signs an option agreement with KG Exploration, a wholly owned subsidiary of Kinross Gold (TSX:K).
Top six trending gold stocks
- West Red Lake Gold Mines (TSXV:WRLG)
- New Found Gold (TSXV:NFG)
- Sirios Resources (TSXV:SOI)
- Tudor Gold (TSXV:TUD)
- Calibre Mining (TSXV:CXB)
- Westgold Resources (TSX:WGX)
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(Top photo: Adobe Stock)