# InvestorNewsBreaks - Lahontan Gold Corp. \(TSXV: LG\) \(OTCQB: LGCXF\) Reports Encouraging Gold, Silver Results From Santa Fe Heap Leach Pad

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f

Original source: https://orestocks.com/company/LG.V/press-releases/5140984346023229

Publisher: orestocks

Original announcement: 2026-09-15T13:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Lahontan Gold Corp.

- Ticker: LG

- Exchange: Unavailable

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Drill results

- Extracted: 2026-09-15 15:52:27 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Lahontan Gold Corp. reported encouraging gold and silver results from its 2026 Sonic drilling program at the Santa Fe Mine Project in Nevada. The first 10 holes from Heap Leach Pad Two returned a weighted average of 0.50 g/t gold and 3.3 g/t silver, exceeding the estimated residual grades.

Reasoning: Drill results from historic heap leach pad show grades higher than residual estimates and suggest good metallurgical amenability, though absolute grades are low.

- Positive factor: Grades exceed estimated residual grades

- Positive factor: Cyanide leach amenability suggested

- Positive factor: Sonic drilling program progressing

- Negative factor: Low absolute grades \(0.50 g/t Au\)

- Negative factor: Additional drilling required for resource calculation

Facts used in scoring: 6

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions cyanide gold analyses and refers to a NI 43-101 compliant technical report.

Evidence · text

> The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael Lindholm, CPG... who is a Qualified Person

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The company explicitly states its mineral resources are NI 43-101 compliant.

Evidence · text

> has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f#fact-drill-facts-0)

Santa Fe Mine · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Santa Fe Mine
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: LG

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 168.9 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Weighted average grade from 10 holes is higher than expected residual grade.

- Positive factor: Exceeds residual grade of 0.29 g/t

- Negative factor: Low absolute grade

Evidence · text

> all samples returned a weighted average grade of 0.50 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f#fact-drill-facts-1)

Santa Fe Mine · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Santa Fe Mine
- Commodity: silver
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: LG

#### Geometry

- Grade: 3.3
- Grade Unit: g/t
- Intercept: 168.9 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Weighted average silver grade exceeds residual estimates.

- Positive factor: Exceeds residual grade of 2.5 g/t

Evidence · text

> and 3.3 g/t silver

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (4)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f#fact-resource-facts-2)

Santa Fe Mine Project · gold

#### Identity

- Project: Santa Fe Mine Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-10T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:4a16d68aa10242c37b12
- Deposit or zone: Santa Fe Mine
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 48393000
- Grade: 0.92
- Grade Unit: g/t
- Contained Metal: 1539000
- Contained Unit: oz au eq
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Metal Eq. Grade: 0.99
- Metal Eq. Unit: g/t Au Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Established Indicated resource with significant tonnage.

- Positive factor: NI 43-101 compliant

- Positive factor: Large tonnage

Evidence · text

> Indicated Mineral Resource of 1,539,000 oz Au Eq \(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f#fact-resource-facts-3)

Santa Fe Mine Project · silver

#### Identity

- Project: Santa Fe Mine Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-10T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:4a16d68aa10242c37b12
- Deposit or zone: Santa Fe Mine
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 48393000
- Grade: 7.18
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Secondary metal component of Indicated resource.

Evidence · text

> 48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f#fact-resource-facts-4)

Santa Fe Mine Project · gold

#### Identity

- Project: Santa Fe Mine Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-10T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:9fbe91832933a916ac53
- Deposit or zone: Santa Fe Mine
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 16760000
- Grade: 0.74
- Grade Unit: g/t
- Contained Metal: 411000
- Contained Unit: oz au eq
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Metal Eq. Grade: 0.76
- Metal Eq. Unit: g/t Au Eq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Speculative resource category.

- Negative factor: Inferred category

Evidence · text

> Inferred Mineral Resource of 411,000 oz Au Eq \(16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--efa8744a-fda8-4187-b03f-9e94d32bba8f#fact-resource-facts-5)

Santa Fe Mine Project · silver

#### Identity

- Project: Santa Fe Mine Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-10T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:9fbe91832933a916ac53
- Deposit or zone: Santa Fe Mine
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 16760000
- Grade: 3.25
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Secondary metal component of Inferred resource.

- Negative factor: Inferred category

Evidence · text

> 16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
