# Lahontan Announces CFO Transition on Anticipation of Santa Fe Mine Development Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lahontan-announces-cfo-transition-on-anticipation-of-santa-fe-mine-development--e4b1a7f9-0801-4e3b-bc20-9026fcde3878 Original source: https://investingnews.com/lahontan-announces-cfo-transition-on-anticipation-of-santa-fe-mine-development/ Publisher: investingnews Original announcement: 2026-09-10T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lahontan Gold Corp. - Ticker: LG - Exchange: TSXV - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Other - Extracted: 2026-09-12 00:42:40 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Lahontan Gold Corp. has appointed Billy Choi as its new Chief Financial Officer, succeeding John McNeice. The transition is timed to support the company's upcoming development and permitting activities for the Santa Fe Mine project. Reasoning: Routine corporate announcement regarding a CFO transition; while important for management stability, it does not change the geological or economic profile of the assets. - Positive factor: Experienced CFO hire with IPO and M&A background - Positive factor: Strategic timing ahead of mine development and production restart Facts used in scoring: 4 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Story-specific tag Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The document explicitly states the Indicated Mineral Resource is NI 43-101 compliant. Evidence · text > The Santa Fe Mine has a NI 43-101 compliant Indicated Mineral Resource ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-announces-cfo-transition-on-anticipation-of-santa-fe-mine-development--e4b1a7f9-0801-4e3b-bc20-9026fcde3878#fact-resource-facts-0) Santa Fe Mine · gold #### Identity - Project: Santa Fe Mine - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2026-08-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian J. Maher - Resource group id: resource:32b10d5da9afaf9bc3ea - Deposit or zone: Santa Fe Mine - Mining method: combined #### 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 AuEq #### 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: 2026-09-10T00:00:00.000Z Reasoning: Indicated resource component of the Santa Fe Mine. Evidence · text > Indicated Mineral Resource of 1,195,000 oz Au Eq \(47,532,000 tonnes grading 0.72 g/t Au and 5.55 g/t Ag, together grading 0.78 g/t Au Eq\) #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-announces-cfo-transition-on-anticipation-of-santa-fe-mine-development--e4b1a7f9-0801-4e3b-bc20-9026fcde3878#fact-resource-facts-1) Santa Fe Mine · silver #### Identity - Project: Santa Fe Mine - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2026-08-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian J. Maher - Resource group id: resource:32b10d5da9afaf9bc3ea - Deposit or zone: Santa Fe Mine - Mining method: combined #### Resource Data - Category: indicated - Tonnes: 47532000 - Grade: 5.55 - Grade Unit: g/t - Contained Metal: 1195000 - Contained Unit: oz au eq - Cutoff Grade: 0.1 - Cutoff Unit: g/t AuEq #### 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: 2026-09-10T00:00:00.000Z Reasoning: Indicated resource component of the Santa Fe Mine. Evidence · text > Indicated Mineral Resource of 1,195,000 oz Au Eq \(47,532,000 tonnes grading 0.72 g/t Au and 5.55 g/t Ag, together grading 0.78 g/t Au Eq\) #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-announces-cfo-transition-on-anticipation-of-santa-fe-mine-development--e4b1a7f9-0801-4e3b-bc20-9026fcde3878#fact-resource-facts-2) Santa Fe Mine · gold #### Identity - Project: Santa Fe Mine - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2026-08-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian J. Maher - Resource group id: resource:62a39fc0adb74e126cbc - Deposit or zone: Santa Fe Mine - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 60605000 - Grade: 0.59 - Grade Unit: g/t - Contained Metal: 1190000 - Contained Unit: oz au eq - Cutoff Grade: 0.3 - Cutoff Unit: g/t AuEq #### 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: 2026-09-10T00:00:00.000Z Reasoning: Inferred resource component of the Santa Fe Mine. Evidence · text > Inferred Mineral Resource of 1,190,000 oz Au Eq \(60,605,000 tonnes grading 0.59 g/t Au and 2.40 g/t Ag, together grading 0.61 g/t Au Eq\) #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-announces-cfo-transition-on-anticipation-of-santa-fe-mine-development--e4b1a7f9-0801-4e3b-bc20-9026fcde3878#fact-resource-facts-3) Santa Fe Mine · silver #### Identity - Project: Santa Fe Mine - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2026-08-13T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian J. Maher - Resource group id: resource:62a39fc0adb74e126cbc - Deposit or zone: Santa Fe Mine - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 60605000 - Grade: 2.4 - Grade Unit: g/t - Contained Metal: 1190000 - Contained Unit: oz au eq - Cutoff Grade: 0.3 - Cutoff Unit: g/t AuEq #### 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: 2026-09-10T00:00:00.000Z Reasoning: Inferred resource component of the Santa Fe Mine. Evidence · text > Inferred Mineral Resource of 1,190,000 oz Au Eq \(60,605,000 tonnes grading 0.59 g/t Au and 2.40 g/t Ag, together grading 0.61 g/t Au Eq\) #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.