Lahontan Gold Corp. · TSXV:LG
Lahontan Gold — Investor Presentation (May 2023)
31 slides from Lahontan Gold's investor presentation, May 2023
Slide 1: Nevada's Walker Lane: A Target Rich Environment
Nevada’s Walker Lane TSX.V-LG; OTCQB-LGCXF : A Target Rich Environment
Slide 2: Disclaimers
Disclaimers Information Contained In This Presentation This presentation (the “Presentation”) has been prepared by Lahontan Gold Corp. (the “Company”) solely for informational purposes. None of the Company, its affiliates or any of their respective employees, directors, officers, contractors, adviso
Slide 3: Large-Scale Gold Oxide Deposit - Walker Lane, Nevada USA
L A RG E - S C A L E G O L D OX I D E D E P O S I T - Walker Lane, Nevada USA TOP SHELF PROJECTS IN A “TIER 1” JURISDICTION Multi-Million Ounce Gold and Silver District Straight Forward Permitting T H R E E PA S T P R O D U C E R S S a n t a Fe M i n e - H e a p L e a c h ox i d e g o l d a n d s i
Slide 4: Why Invest in Lahontan?
T h e N ex t M u l t i - M i l l i o n O u n c e G o l d & S i lve r D i s c ove r y i n t h e W H Y I N V E ST I N Wa l ke r L a n e L A H O N TA N ? § District scale land package with 49 km2 and growing § Stable, supportive mining jurisdiction in a World Class Mineral Belt § Straight forward permi
Slide 5: Management
BOOTS ON THE GROUND MANAGEMENT KIMBERLY ANN, FOUNDER, BRIAN MAHER, FOUNDER, JOHN MCNEICE, DIRECTOR, QUENTIN BROWNE, TONY GESUALDO, CODY STOCK, VICE PRESIDENT - CHIEF FINANCIAL OFFICER SENIOR GEOLOGIST EXPLORATION MANAGER SENIOR GEOLOGIST CEO, PRESIDENT EXPLORATION • +30 years as a • +35 years experi
Slide 6: Santa Fe Mine - District Scale Land Package and Geology
SANTA FE MINE- DISTRICT SCALE LAND PACKAGE WHAT TO KNOW AND GEOLOGY SANTA FE MINE Miocene 19 km2 Land Package: Volcanic Rocks § 291 unpatented lode mining claims 67 unpatented mill site clams § 24 patented lode mining claims. Triassic Isabella Pearl Except for 45 optioned Santa Fe Limestone Mine unp
Slide 7: Santa Fe Land Package & Neighbors
MAIDEN RESOURCE ESTIMATE- 1.11 MILLION OUNCES INDICATED AND 0.55 MILLION OUNCES INFERRED PIT CONSTRAINED RESOURCE* WHAT TO KNOW SANTA FE MINE § Average grade 1.12 g/t Au Eq § Mine under closure, with access to water, power, & infrastructure needed to fast- track back into production § Historic produ
Slide 8: How do our ounces compare to our peers?
NEVADA JUNIOR EXPLORERS SNAPSHOT BY GRADE AND OUNCES “OPEN PIT” How do our o u n c e s c o m p a re 1..23 to o u r p e e r s ? § LG open-pit resource grades rank among the highest- grade in Nevada & Great Basin for explorers when compared to open-pit (OP)heap leach projects § Maiden resource shows 1
Slide 9: Santa Fe Mine
100% Controlled S A N TA F E M I N E Five Known Deposits TSX.V-LG; OTCQB-LGCXF
Slide 10: Santa Fe Mine - Mineral Resources
SA N TA F E M I N E - M i n e ra l Re s o u rc e s WHAT TO KNOW SANTA FE MINE § Indicated and Inferred Resources occur in five separate deposits, all constrained by conceptual Santa Fe Slab pit shells: Santa Fe, Slab, Calvada Calvada Central and East, Central York* Calvada East § Oxide domain resour
Slide 11: Santa Fe Deposit - Excellent Continuity
SA N TA F E D E P O S I T – E xc e l l e n t C o n t i n u i t y WHAT TO KNOW SE NW SANTA FE MINE § Gold and silver mineralization show excellent continuity along strike and at depth § Mineralization modeled in the mined portion of the Santa Fe pit reconciles with OX OX data from historic mining § M
Slide 12: Santa Fe Deposit - Excellent Continuity
SA N TA F E D E P O S I T – E xc e l l e n t C o n t i n u i t y WHAT TO KNOW SANTA FE MINE § Most of the oxide resource in the Santa Fe deposit lies in the high- wall of the Santa Fe pit (573,000 Au Eq oz Indicated, 186,000 Au Eq oz Inferred*) § +1 g/t gold mineralization crops out in the pit botto
Slide 13: Slab-Calvada Complex: Oxides
S L A B - C A LVA DA C O M P L E X : OX I D E S WHAT TO KNOW SANTA FE MINE § Resources in the Slab-Calvada Complex are 100% oxide Slab with a low strip ratio: 2.3:1 Calvada Central § Indicated oxide resources total 138,000 oz Au Eq, Calvada Inferred oxide resources East 76,000 oz Au Eq, average grad
Slide 14: LG Exploration Plan - Santa Fe Mine
LG E X P LO R AT I O N P L A N - 2 0 2 3 WHAT TO KNOW SANTA FE MINE ü Release Maiden MRE Q1 SLAB 2023 § Resource expansion through the drill bit targeting +11,000 metres; short term goal: Dramatically expand oxide ounces CALVADA CALVADA CENTRAL § Focus on Slab-Calvada Complex § Updated Resource Esti
Slide 15: Santa Fe District - Baseline Studies and Plan of Operation
SA N TA F E D I ST R I C T - B a s e l i n e S t u d i e s a n d P l a n o f O p e ra t i o n WHAT TO KNOW SANTA FE MINE § Base-line studies to be utilized in a Plan of Operations (“POO”) which will allow LG to conduct exploration activities a 12.2 Slab Calvada Calvada East Santa Fe km2 area within
Slide 16: West Santa Fe - Bolt On Project With Excellent Resource Potential
W E ST SA N TA F E - B o l t O n P r o j e c t W i t h E xc e l l e n t R e s o u r c e P o t e n t i a l WHAT TO KNOW WEST SANTA FE § The advanced West Santa Fe gold-silver project is located only 15 km West of the Flagship Santa Fe Mine and hosts an oxidized gold-silver mineralized system in a geo
Slide 17: West Santa Fe - Low-Cost Option Agreement
W E ST SA N TA F E - L o w - C o s t O p t i o n A g re e m e n t WHAT TO KNOW WEST SANTA FE § LG option payment over seven- years US$1.8M back end loaded to acquire 100% of 11.8 square kilometre property. § Option payments (excepting the $10,000 signing payment) can be made in a combination of cash
Slide 18: West Santa Fe - Extensive Exploration Database
W E ST SA N TA F E – WHAT TO KNOW E x te n s ive E x p l o ra t i o n D a t a b a s e WEST SANTA FE § Previous exploration drilling at West Santa Fe totals over 13,000 metres in 171 drill holes; only five holes are deeper than 165 metres. § Additional work includes: Geophysical studies including IP
Slide 19: West Santa Fe - Excellent Resource Growth Potential
W E ST SA N TA F E – E xc e l l e n t Re s o u rc e G ro w t h Po te n t i a l WHAT TO KNOW WEST SANTA FE § Modeling of the historical drill hole data defines a continuous zone of Au and Ag mineralization which extends from the surface down-rake to the East-Northeast. § A 0.31 g/t gold mineralized s
Slide 20: Moho Mine
100% Controlled MOHO MINE HIGH GRADE VEIN SYSTEM
Slide 21: Moho Mine - Million Ounce Potential
MOHO MINE – Million Ounce Potential WHAT TO KNOW MOHO MINE § Oxidized gold, silver, and base metal mineralization is hosted by sub- parallel structures from 0.3m to over three meters in thickness § The six core holes drilled in 2019 hit significant gold, silver, and base metal mineralization over wi
Slide 22: Moho Mine - High Grade Gold and Silver Vein System
M O H O M I N E - H i g h G ra d e G o l d a n d S i lve r Ve i n Sys t e m WHAT TO KNOW MOHO MINE § Located 35 km SW of Santa Fe § Large land package 11 square km, 100% owned by Lahontan § Moho- high-grade, oxidized MOH-002CA : 151.0 -151.4 m (0.4m) grading 31.9 gpt Au Eq (21.8 gpt Au, 376 Tertiary
Slide 23: Moho Mine - Surface Geochemistry
M O H O M I N E – S u r fa c e G e o c h e m i s t r y WHAT TO KNOW MOHO MINE Rudi’s Knob § 2022- Identified new High- Rudi’s Knob Grade target Rudi’s Knob, up to 22.9 g/t Au on the surface Upper Moho § Data from underground sampling and drilling shows grades of over 35 g/t Middle Moho Au Eq in thor
Slide 24: Moho Mine - Surface Geophysics
M O H O M I N E – S u r fa c e G e o p hys i c s WHAT TO KNOW MOHO MINE § Ground mag, surface mapping and underground workings define a series of en echelon veins and fault breccias with a strike length of 2500 metres of over a vertical range of 400 metres § More drilling needed to test the multiple
Slide 25: Analyst & Newsletter Coverage
A NA LYST & N E W S L E T T E R C OV E R AG E • Bereket Behre, Beacon Securities Ltd., bberhe@beaconsecurities.ca • Brien Lundin, The Gold Newsletter, www.goldnewsletter.com • Jay Taylor, Jay Taylor’s Gold, Energy, and Tech Stocks, www.jaytaylormedia.com The research analysts and newsletter writers
Slide 26: Lahontan's Key Milestones and Accomplishments 2023
LAHONTAN’S KEY MILESTONES AND ACCOMPLISHMENTS 2023 Q4 WORK PROGRAM Q3 Q2 WORK PROGRAM ACCOMPLISHMENTS § 5,000 Metres of Q1 § 11,000 Metres of Drilling at West ACCOMPLISHMENTS ü Mobilized drill rig Slab-Calvada Santa Fe to Slab-Calvada Complex § Updated MRE at Complex § Close the West Santa Fe ü Rele
Slide 27: Re-Rating of Lahontan Underway!!
Re-Rating of Lahontan Underway!! HistoricChartforCdn:LGbyStockwatch.com604.687.1500-(c)2023 PROFORMA CAPITALIZATION TABLE MonApr102023Op=0.26Hi=0.275Lo=0.25CH=0.25Vol=107,355Yearhi=0.27510=0.05 Re-Rating of Lahontan is Underway!! Con-LG 315 30 285 Shares Outstanding (Shares) 121.8 M 55 24 225 21 Mar
Slide 28: Corporate Office / Field Office
CORPORATE OFFICE FIELD OFFICE 80 Richmond Street West Suite 204 364 E Street Hawthorne Toronto, ON NV 89415 United States M5H 2A4, Canada Telephone: 1.775.945.6140 Telephone: 1.613.692.7704
Slide 29: Santa Fe Mine - Royalties
SA N TA F E M I N E – Roya l t i e s WHAT TO KNOW Pin na Tar cles Isabella get 1.25% NSR Pearl Barker-Sharp 19 km2 Land Package: Mine Royalty Claims • 291 unpatented lode mining claims Santa Fe Pit • 67 unpatented mill site clams Slab Pit Calvada • 24 patented lode mining Barker-Sharp Royalty Pit Cl
Slide 30: Appendix - Santa Fe Mine Mineral Resource Estimate
A p p e n d i x – S a n t a Fe M i n e M i n e ra l Re s o u rc e Estimate Table One: Project-wide Resources, Santa Fe Mine, Mineral County, Nevada Contained Gold Cut-off Grade Tonnes Gold Contained Gold Silver Contained Silver Gold Equivalent Resource Classification Deposit Ore Type Equivalent (Au
Slide 31: Appendix - Continued
Appendix – Continued Table Two: Project-wide Oxide Resources, Santa Fe Mine, Mineral County, Nevada Contain Gold Cut-off Grade Tonnes Gold Contained Gold Silver Contained Silver Au Eq. Resource Classification Deposit Ore Type Equivalent (Au Eq., g/t) (kt) (Au, g/t) (Au k.oz.) (Ag, g/t) (Ag k.oz.) (A