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Lahontan Gold Begins Met Testing at Santa Fe

TORONTO, ON / ACCESSWIRE / January 31, 2023 / Lahontan Gold (TSXV:LG) (OTCQB:LGCXF) (“company” Also “Rahontan”) is pleased to announce the commencement of metallurgical test work at its flagship Santa Fe Mine, a former open-pit, heap-reach gold and silver mine in Mineral County, Nevada. The program is designed to validate historical gold and silver recovery from oxide mineralization at Santa Fe and provide baseline metallurgical data that can be used to design process flowsheets for future mining operations. I’m here.

The first stage of testing is a series of bottle roll tests utilizing reverse circulation drilling cuttings that can characterize different mineralization types within the oxidized portion of the Santa Fe Mineral Resource. A previous bottle roll test showed gold recovery up to 88.9% in oxide rocks and CN consumption averaging 0.25 kg/tonne (Lacana Pre-Feasibility Study, 1987). Subsequent tests include the definition of optimized crush sizes for potential future heap leaching treatments, column leaching tests and evaluation of agglomeration to improve precious metal recovery.

Kimberly Ann, Founder, CEO and President of Lahontan Gold Corp, commented: -1994) was excellent at 77% for gold and 55% for silver in oxidized mineralization. and must be verified by the latest metallurgical test work.

About Lahontan Gold Corporation:

Lahontan Gold Corp. is a Canadian mineral exploration company that, through its US subsidiary, owns three premier gold and silver exploration facilities in mining-friendly Walker Lane, Nevada. Flagship property in Lahontan, 19 km2 The Santa Fe Mine is a historic gold and silver mine that utilizes a heap-reach process (historical production of 345,000 ounces of gold and 711,000 ounces of silver between 1988 and 1995; Nevada Department of Mines and Geology, 1995). The Santa Fe Mine has an indicated Mineral Resource of 1,112,000 oz Au Eq. (grading 1.14 g/t Au Eq) and 544,000 oz Au Eq (grading 1.00 g/t Au Eq), all pit constrained (see Lahontan press release dated 17 January 2023). The company will continue to actively explore the entire asset during 2023 and begin the process of evaluating development scenarios for returning the Santa Fe mine to production. Quinten J. Browne (P.Geo.), a consulting geologist at Lahontan Gold Corp. and a qualified person with the Company, has approved the technical content of his release of this news. For more information, visit his website at our company. www.lahontangoldcorp.com

On behalf of the Board of Directors

Kimberly Ann
Founder, CEO, President, Director

Please contact us for more information.
Lahontan Gold Corporation
Kimberly Ann
Founder, CEO, President, Director

Phone: 1-530-414-4400
Email: This email address is being protected from spambots. JavaScript must be enabled to view.
Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.

Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information may be expressed using words such as “plan”, “expect”, “predict”, “intend”, “believe”, “anticipate”, “estimate” or the It is often characterized by a description. “may” or “will happen”. Forward-looking statements are based on opinions and assumptions as of the date the statements are made and are subject to various risks and uncertainties and actual events or outcomes that may differ materially from those projected by the forward-looking statements. subject to other factors that may have different causes. including, but not limited to, delays or uncertainties in regulatory approvals, including TSXV. There is inherent uncertainty in forward-looking information, including factors beyond our control. We undertake no obligation to update any forward-looking information if circumstances or management’s estimates or opinions change, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements. Additional information identifying the risks and uncertainties that may affect our financial results is contained in our filings with the Canadian securities regulators. www.sedar.com

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