Lahontan Gold (TSXV: LG) Gains by 4.76% to $0.11 Per Share

Lahontan Gold (TSXV: LG) gained by 4.76% today to $0.11 per share its highest close since NIA's suggestion late last month! LG traded strong volume today of 1.04 million!

LG's current market cap is only CA$31.5 million or US$22.86 million. LG's past producing Santa Fe Mine contains resources of 1.539 million oz AuEq indicated grading 0.99 g/t AuEq and 0.411 million oz AuEq inferred grading 0.76 g/t AuEq for total resources of 1.95 million oz AuEq! LG is being valued at only US$11.72 per oz of gold resources in Nevada the world's #2 ranked best mining jurisdiction and the #1 ranked best mining jurisdiction in North America!

LG has near-surface oxide gold resources for low-cost heap leaching of 640,000 oz AuEq indicated grading 0.68 g/t AuEq and 219,000 oz AuEq inferred grading 0.53 g/t AuEq.

Last week, Equinox Gold (EQX) sold its Pan Mine in Nevada for US$115 million and it only has 0.288 million oz of remaining measured & indicated gold resources grading 0.36 g/t gold. LG's total Santa Fe oxide gold resources are nearly triple what the Pan Mine has left and LG's Santa Fe grades are significantly higher!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 200,000 shares of LG in the open market and intends to buy more shares. NIA has received compensation from LG of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.