Lahontan Drills 10.7m Grading 1.81 g/t Au and 64.8 g/t Ag, Completes Santa Fe Mine Stockpile Drill Program
Original announcement by globenewswire on
- Company
- Lahontan Gold Corp.
- Ticker
- LG
- Exchange
- Unavailable
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-09-12 01:17:52 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold has completed a Sonic drilling program at the Santa Fe Mine stockpile, reporting grades of 1.81 g/t Au and 64.8 g/t Ag. The results confirm that the historic 'low-grade' stockpile contains mineralization significantly higher than previously anticipated, suggesting potential for low-cost heap leach reprocessing.
Reasoning: The drilling confirms higher-than-expected gold and silver grades in a historic stockpile, providing a low-cost reprocessing opportunity.
Positive factors
- Grades higher than anticipated for a low-grade stockpile
- Readily accessible material
- Potential for low-cost heap leach reprocessing
- QA/QC protocols disclosed
Negative factors
- Some drill holes are historical re-releases
Facts used in scoring: 2
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes details on blanks, CRMs, and laboratory (AAL) protocols.
Evidence · text
“The QA/QC program consisted of the insertion of coarse blanks and Certified Reference Materials (CRM)”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The program is evaluating historic stockpiles and pads to define resources.
Evidence · text
“evaluating historic heap leach pads and stockpiles to define gold and silver resources”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
headline_interceptSanta Fe Mine · goldGrade: 1.81Grade Unit: g/tIntercept: 10.7 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- headline_intercept
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 1.81
- Grade Unit
- g/t
- Intercept
- 10.7 m
Classification
- Sample Type
- drill
- Group ID
- headline:10.7m
- Mining Method
- open_pit
Location
- Location
- Santa Fe Mine stockpile
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories (AAL)
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-01T00:00:00.000Z
Reasoning: 1.81 g/t Au is noted as being substantially higher than the historic 'low-grade' classification.
Positive factors
- Higher than anticipated grade for a low-grade stockpile
Evidence · text
“Lahontan Drills 10.7m Grading 1.81 g/t Au and 64.8 g/t Ag”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
headline_interceptSanta Fe Mine · silverGrade: 64.8Grade Unit: g/tIntercept: 10.7 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- headline_intercept
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 64.8
- Grade Unit
- g/t
- Intercept
- 10.7 m
Classification
- Sample Type
- drill
- Group ID
- headline:10.7m
- Mining Method
- open_pit
Location
- Location
- Santa Fe Mine stockpile
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories (AAL)
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-01T00:00:00.000Z
Reasoning: 64.8 g/t Ag is part of the intercept confirming significant mineralization.
Positive factors
- Higher than anticipated grade for a low-grade stockpile
Evidence · text
“Lahontan Drills 10.7m Grading 1.81 g/t Au and 64.8 g/t Ag”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.