Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has announced three strategic additions to its management team, signaling a significant step forward in the company's transition from mine developer to mine builder. The appointments come as Lahontan advances the Santa Fe Mine toward a planned 2027 production restart, underscoring the company's commitment to operational excellence and stakeholder engagement.
Tony Gesualdo rejoins Lahontan as vice president of exploration, bringing a wealth of experience from his previous tenure as exploration manager from 2020 to 2023. During that period, Gesualdo played a pivotal role in the initial Mineral Resource Estimate for the Santa Fe Mine, a foundational achievement that continues to guide the project's development. His reappointment is expected to accelerate exploration efforts and optimize resource expansion.
Michael Kubel joins the team as senior mine engineer, contributing over a decade of expertise in Nevada open-pit gold mining and heap-leach operations. His background includes significant work at the Florida Canyon and Hycroft mines, two prominent operations in the region. Kubel's technical proficiency will be instrumental in refining mine planning and ensuring the efficient design of the Santa Fe Mine's future operations.
Jen Earle has been appointed to oversee investor relations and business development, leveraging two decades of experience in natural resources, capital markets, and investor engagement across the LSE, ASX, and TSX markets. Earle's extensive network and strategic insight will be vital in communicating Lahontan's progress and growth potential to the investment community.
Kimberly Ann, founder, executive chair, CEO, and president of Lahontan, emphasized that these additions strengthen the company's technical, operational, and business development capabilities. "As we advance Santa Fe permitting, mine planning, and our planned transition toward construction and operations, the expertise of Tony, Michael, and Jen will be invaluable," Ann stated. "Their collective experience positions Lahontan to execute on our strategic objectives and deliver long-term value to shareholders."
The Santa Fe Mine, located in the prolific Walker Lane trend of Nevada, has a rich production history, having produced 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 through open-pit mining and heap-leach processing. The project boasts a National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 ounces of gold equivalent (Au Eq) and an Inferred Mineral Resource of 411,000 ounces Au Eq, as detailed in the company's technical report. The company plans to update the Preliminary Economic Assessment and drill test its satellite West Santa Fe project during 2025.
These management enhancements come at a critical juncture as Lahontan progresses toward its 2027 production target. The integration of seasoned professionals in exploration, mine engineering, and investor relations is a clear indication of the company's proactive approach to de-risking the project and ensuring operational readiness. With a strong technical foundation and a growing team, Lahontan Gold is well-positioned to capitalize on the favorable gold market and deliver on its commitments.
For more information on Lahontan Gold Corp., including detailed project updates and corporate presentations, visit the company's website at www.lahontangoldcorp.com.
