Inside Lahontan Gold’s Fully Funded Push to a September PEA
CEO.CA Jun 17, 2026 6:48
Summary
Lahontan's market cap has roughly doubled to $170 million in six months, with heavy trading liquidity on both the TSX and OTC.
A mineral resource estimate arrives in weeks and sets up a September preliminary economic assessment (PEA), the economic study that locks in mine design.
Sonic rig drilling on four old heap-leach pads targets about 200,000 remaining ounces at a grade Ann says ranks fourth in Nevada.
West Santa Fe sits 13 kilometers from existing plant, so those ounces need no new capital spending; check holes found 3 to 6 grams.
Permit by Q1 next year, a 4 to 6 month build-out, then first gold by Q4 — Ann plans an NYSE listing, not a sale.
Kimberly Ann's takeaways
- Top takeaway She frames the strategy as build rather than sell, saying she expects Lahontan to be on the New York Stock Exchange next year, to reach a multi-billion dollar market capitalization, and to grow into a consolidator rather than be sold once the permit lands.
- She argues the share price is not simply tracking the gold market, saying the chart rises, pulls back a little and rises again, which she calls a healthy, scalable pattern.
- She says she posts updates almost daily on LinkedIn and other sites rather than waiting for monthly press releases, and that she tells the public when her own expectations are missed.
- She reports heavy retail attention, saying about 6 million shares traded on the TSX the day before the interview plus another million in the US.
- She says she was not previously interested in silver but now is, after the silver results coming out of West Santa Fe.