As Major Gold Discoveries Become Scarcer, Lahontan Gold Advances a Past-Producing Nevada Asset
Disseminated on behalf of Lahontan Gold Corp. and may include paid advertising. A shrinking pipeline of major gold discoveries is placing greater emphasis on established deposits, resource expansion and projects with clearer development pathways. S&P Global reports that just nine major gold deposits have reached the 2-million-ounce discovery threshold since 2020, highlighting the growing challenge of replacing future gold supply. Lahontan Gold Corp. is advancing its past-producing Santa Fe Mine in Nevada, with an updated preliminary economic assessment outlining an 11-year active mine life and US$820 million post-tax NPV. The global mining industry faces an increasingly complex challenge: finding and…