Lahontan Gold Corp

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada.

Lahontan’s flagship property, the 26.4-km2 Santa Fe Mine project, had past production of 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing (Nevada Division of Minerals, www.ndomdata.com). The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Lahontan Press Release dated October 15, 2024).

The Company completed its Preliminary Economic Assessment (“PEA”) in December 2024, evaluating development scenarios to bring the Santa Fe Mine back into production.

Management Profile

Kimberly Ann, Founder, CEO, Executive Chair, President & Director

Ms. Kimberly Ann is a mining executive who has founded multiple Junior Mining companies and served in a variety of senior executive positions including CEO, President, CFO and Board Member. In the past twelve years, Kimberly Ann has raised over $210M in project financing and collaborated on three Junior Mining M&A projects. While at Prodigy Gold, Kimberly Ann was responsible for all aspects of the company’s corporate communication program, facilitating equity financings, generating analyst coverage, participating in key aspects of corporate M&A leading to the $340M buyout of Prodigy by Argonaut Gold. Kimberly was CFO and VP Corporate Development at PPX Mining Corp, successfully bringing the high-grade Callanquitas gold-silver underground mine into production in Northern Peru. In 2017, Kimberly founded Latin America Resource Group (“LARG”), building Jasperoide from two small concessions into a 57 square kilometre strategic project in the heart of Peru’s most prolific copper-gold mineralized belt. In 2020, LARG merged with Carube Copper Corp. to create C3 Metals Inc., setting the stage for value creation throughout C3’s project portfolio. Kimberly is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Kimberly attended the University of Washington, majoring in Business and Marketing.

What is your rationale for taking part in 121 Mining Investment?

Lahontan Gold is joining 121 Mining Investment in order to broaden the scope of our investor outreach and raise awareness of our projects. With the updated MRE and soon to be completed PEA, Lahontan is progressing towards its goal to bring the Santa Fe Mine back into production.

What recent news would you like to highlight to investors attending?

Feb 5, 2026 - Lahontan Drills Thick, Shallow Oxide Gold at West Santa Fe: 55m Grading 1.00 g/t AuEq Including 17m Grading 1.75 g/t AuEq

Jan 27, 2026 - Lahontan Drills More Shallow Oxide Gold at Slab: 69m Grading 0.45 g/t Au Eq Including 17m Grading 0.81 g/t Au Eq

Jan 26, 2026 - Lahontan Mobilizes Core Drill Rig to Santa Fe

Jan 13, 2026 - Lahontan Drills Thick, Shallow Gold: 114m Grading 0.33 g/t Au Eq at York; 23m Grading 0.42 g/t Au Eq at Slab

Dec 16, 2025 - Lahontan Commences Drilling at West Santa Fe

Nov 26, 2025 - Lahontan Receives BLM Approval for West Santa Fe Drill Program, Grants Options

Nov 25, 2025 - Lahontan Announces Closing of Upsized Private Placement

Nov 13, 2025 - Lahontan Receives BLM Approval Of Santa Fe Exploration Plan Of Operations

Nov 04, 2025 - Lahontan Announces Investor Relations Agreement

Oct 29, 2025 - Lahontan Announces Private Placement of Units

Oct 27, 2025 - Lahontan Receives $4,316,948 From the Exercise of Warrants and Options

Oct 23, 2025 - Lahontan Closes Strategic York Claims Purchase at Santa Fe

Oct 15, 2025 - Lahontan Submits Notice of Operations to BLM for Drilling at West Santa Fe

What are your key goals for the next 3, 6 and 12 months?

3 Months:

• To have all Cultural & Biological Reports under review with BLM
• Expect BLM Approval for POO
• NEPA process begins for POO
• Submit Mine Plan of Operation

6 Months:

Complete Air, Water, Waste Rock Chemistry

12 Months:

Public Comment Period and Full Permit Approval Expected 2026

What do you think makes your company such a compelling investment?

Past producer with 2M ounces and growing, with estimated going back to production in early 2027.
 

What are the top 3 key investor takeaways?

- District scale 51-square-kilometer land package in the highly regarded Walker Lane district in Nevada, one of the world’s top regions for exploration and development.

- Gold and silver mineral inventory remains open and unconstrained by both drilling and geological factors. The updated Mineral Resource Estimate significantly increased project-wide pit constrained resources and demonstrated potential for further resource growth.

- Historic mining underscores the potential for massive upside.