Lahontan Announces 22% Increase in Mineral Resources at Santa Fe: 1,195,000 Au Eq oz Indicated, and 1,190,000 Au Eq oz Inferred
Original announcement by globenewswire on
- Company
- Lahontan Gold Corp.
- Ticker
- LG
- Exchange
- Unavailable
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update
- Extracted
- 2026-09-12 02:39:09 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold Corp. has announced an updated Mineral Resource Estimate for the Santa Fe Mine in Nevada, reporting a 22% increase in total gold equivalent ounces. The update includes 1,195,000 oz Au Eq Indicated and 1,190,000 oz Au Eq Inferred, driven by expansion in the Slab and York oxide deposits and the Santa Fe deposit.
Reasoning: The update shows substantial growth in total gold equivalent ounces (435,000 oz increase) and expands both oxide and sulfide resource domains.
Positive factors
- Significant tonnage and contained metal growth (22% increase)
- Expansion of shallow oxide deposits
- Identification of high-grade sulfide mineralization
- NI 43-101 compliant reporting
Negative factors
- Significant portion of resource remains in Inferred category
Facts used in scoring: 12
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Resource Estimates (12)
indicatedSanta Fe · goldTonnes: 47532000Grade: 0.72Grade Unit: g/tContained Metal: 1195000Contained Unit: oz au eqView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:4347b2a7a867af97d079
- Deposit or zone
- Santa Fe
- Material type
- mixed
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 47532000
- Grade
- 0.72
- Grade Unit
- g/t
- Contained Metal
- 1195000
- Contained Unit
- oz au eq
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.78
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Indicated resource shows strong scale and grade for the project.
Positive factors
- Significant resource growth
Evidence · text
“Indicated Mineral Resources of 1,195,000 contained gold equivalent (“ Au Eq ”) ounces”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedSanta Fe · silverTonnes: 47532000Grade: 5.55Grade Unit: g/tView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:4347b2a7a867af97d079
- Deposit or zone
- Santa Fe
- Material type
- mixed
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 47532000
- Grade
- 5.55
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Silver is reported as a component of the gold equivalent grade.
Evidence · text
“47,532,000 tonnes grading 0.72 g/t Au and 5.55 g/t Ag”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSanta Fe · goldTonnes: 60605000Grade: 0.59Grade Unit: g/tContained Metal: 1190000Contained Unit: oz au eqView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:4d28b3084fc0278c9402
- Deposit or zone
- Santa Fe
- Material type
- mixed
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 60605000
- Grade
- 0.59
- Grade Unit
- g/t
- Contained Metal
- 1190000
- Contained Unit
- oz au eq
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.61
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Large scale but lower confidence category.
Positive factors
- Large scale inferred resource
Negative factors
- Inferred category limits economic confidence
Evidence · text
“Inferred Mineral Resources of 1,190,000 contained Au Eq ounces”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredSanta Fe · silverTonnes: 60605000Grade: 2.4Grade Unit: g/tView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:4d28b3084fc0278c9402
- Deposit or zone
- Santa Fe
- Material type
- mixed
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 60605000
- Grade
- 2.4
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Silver component of inferred resource.
Evidence · text
“60,605,000 tonnes grading 0.59 g/t Au and 2.40 g/t Ag”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSlab-Calvada-York · goldTonnes: 12090000Contained Metal: 128000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Slab-Calvada-York
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:46c43b7ed2d1d803495f
- Deposit or zone
- Slab and York oxide
- Material type
- oxide
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 12090000
- Contained Metal
- 128000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.33
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Strong growth in shallow oxide resources.
Positive factors
- Significant expansion (>37%)
Evidence · text
“Indicated oxide Resources for the two deposits total 12.09 Mt grading 0.33 g/t Au Eq for 128,000 Au Eq ounces”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredSlab-Calvada-York · goldTonnes: 8340000Contained Metal: 96000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Slab-Calvada-York
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:d380f9e1068c8300d206
- Deposit or zone
- Slab and York oxide
- Material type
- oxide
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 8340000
- Contained Metal
- 96000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.36
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Growth in shallow oxide resources.
Positive factors
- Significant expansion (>37%)
Evidence · text
“Inferred oxide Resources total 8.34 Mt grading 0.36 g/t Au Eq for 96,000 Au Eq ounces”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedSanta Fe · goldTonnes: 31150000Contained Metal: 993000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:3bebf9459f011f928621
- Deposit or zone
- Santa Fe Deposit
- Material type
- mixed
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 31150000
- Contained Metal
- 993000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
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
- 2026-08-17T00:00:00.000Z
Reasoning: Strong growth in the main deposit.
Positive factors
- 26% increase in Santa Fe deposit resources
Evidence · text
“Indicated Mineral Resources of 31.15 Mt grading 0.99 g/t Au Eq totaling 993,000 Au Eq ounces”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredSanta Fe · goldTonnes: 41600000Contained Metal: 954000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:a17558b9fa2ef777c64e
- Deposit or zone
- Santa Fe Deposit
- Material type
- mixed
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Contained Metal
- 954000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.71
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Significant expansion of the inferred resource in the main deposit.
Positive factors
- 26% increase in Santa Fe deposit resources
Evidence · text
“Inferred Mineral Resources of 41.60 Mt grading 0.71 g/t Au Eq totaling 954,000 Au Eq ounces”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedSanta Fe · goldTonnes: 15900000Contained Metal: 301000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:0199b992b1e863f1eae2
- Deposit or zone
- Santa Fe oxide
- Material type
- oxide
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 15900000
- Contained Metal
- 301000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.59
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Indicated oxide component of the Santa Fe deposit.
Evidence · text
“Indicated oxide Resources for the Santa Fe deposit total 15.90 Mt grading 0.59 g/t Au Eq for 301,000 Au Eq ounces”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredSanta Fe · goldTonnes: 13180000Contained Metal: 172000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:736a1932241322f63e14
- Deposit or zone
- Santa Fe oxide
- Material type
- oxide
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 13180000
- Contained Metal
- 172000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.41
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Inferred oxide component of the Santa Fe deposit.
Evidence · text
“Inferred oxide Resources total 13.18 Mt grading 0.41 g/t Au Eq for 172,000 Au Eq ounces”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedSanta Fe · goldTonnes: 15250000Contained Metal: 692000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:48119e3ae3ae62ff6b4a
- Deposit or zone
- Santa Fe sulfide
- Material type
- sulphide
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 15250000
- Contained Metal
- 692000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 1.41
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: High-grade sulfide resource provides significant upside.
Positive factors
- High grade sulfide mineralization
Evidence · text
“Indicated sulfide Resources for the Santa Fe deposit total 15.25 Mt grading 1.41 g/t Au Eq for 692,000 Au Eq ounces”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredSanta Fe · goldTonnes: 28420000Contained Metal: 782000Contained Unit: au eq ouncesView all detailsHide details
Identity
- Project
- Santa Fe
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Michael S. Lindholm, Thomas Dyer
- Resource group id
- resource:94bab5809508290fc509
- Deposit or zone
- Santa Fe sulfide
- Material type
- sulphide
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 28420000
- Contained Metal
- 782000
- Contained Unit
- au eq ounces
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au Eq
Prior Estimate
- Resource Date
- 2026-08-13
Metal Equivalent
- Metal Eq. Grade
- 0.86
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-17T00:00:00.000Z
Reasoning: Significant inferred sulfide resource.
Positive factors
- Large scale sulfide resource
Evidence · text
“Inferred sulfide Resources total 28.42 Mt grading 0.86 g/t Au Eq for 782,000 Au Eq ounces”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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.