Lahontan Gold Corp. · TSXV:LG
Lahontan Gold — Investor Presentation (March 2023)
24 slides from Lahontan Gold's investor presentation, Mar 13, 2023
Slide 1: Nevada's Walker Lane: A Target Rich Environment
1 Nevada’s Walker Lane : 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: Why Invest in Lahontan?
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 “TIER 1” JURISDICTION 1 Multi-Million Ounce Gold and Silver District Why Invest S t ra i gh t Fo r wa rd Pe r m i t t i n g in T W O 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
Slide 4: 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 5: The Next Multi-Million Ounce Gold & Silver Discovery in the Walker Lane
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 Wa l ke r L a n e • District scale land package with 37 km2 and growing • Stable, supportive mining jurisdiction in a World Class Mineral Belt • Straight forward permitting process on BLM land with strong
Slide 6: Santa Fe Mine
100% Controlled S A N TA F E M I N E Five Known Deposits TSX.V-LG; OTCQB-LGCXF
Slide 7: Santa Fe Land Package & Neighbors
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 production of 345,499 ounces Au
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 - 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 10: 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 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 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 12: 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 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 E SANTA FE MINE • Resources crops out at surface and closely follows the contact between volcanic rocks and Triassic sediments: low-angle and shallow dipping • Au and Ag show excellent continuity with little to no internal waste • Oxide re
Slide 14: Santa Fe Geology
SA N TA F E D I ST R I C T - H i s to r i c D r i l l i n g a n d U p s i d e WHAT TO KNOW Santa Fe Geology SANTA FE DISTRICT Pe tri Fau fie lt d • Total resources, reserves, Sp Ci rin vi and production total over t g Ca tF Santa Fe Calvada 2.5M oz Au Eq, with vast au lt Sa Slab nt Sum Central Calva
Slide 15: LG Exploration Plan - 2023
LG EXPLORATION PLAN - 2023 WHAT TO KNOW SANTA FE MINE Pinnacles ü Release Maiden MRE Q1 2023 Slab Oxide Expansion Atchison Expansion • Resource expansion through High-Grade the drill bit targeting Calvada Fault +20,000 metres; short term Graben goal: Dramatically expand oxide ounces York • Metallurg
Slide 16: Moho Mine
100% Controlled MOHO MINE HIGH GRADE VEIN SYSTEM
Slide 17: 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 18: 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. • Moho- high-grade, oxidized Tertiary Au-Ag-Pb-Zn MOH-002CA : 151.0 -151.4 m (0.4m) grading 31.9 gpt Au Eq (21.8 gpt Au, 376 epithermal
Slide 19: 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 Au Eq Middle Moho in thor
Slide 20: 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 multip
Slide 21: Peer Evaluation & Proforma Capitalization
Peer Evaluation & Proforma Capitalization Re-Rating with release of Maiden Mineral Resource Estimate Underway!! PROFORMA CAPITALIZATION TABLE Shares Outstanding (Shares) 121.8 M Market (C$M) $20.1 M Capitalization $19 Options & Warrants 37.9 M Cash (C$M) $3.3 M Debt (C$M) $0 $16 Average $41 in marke
Slide 22: Corporate Office and 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 23: 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 24: 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