Lahontan Drills 12.2m Grading 1.25 g/t Au Oxide at Calvada East
Original announcement by tmx on
- Company
- Lahontan Gold Corp.
- Ticker
- LG
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-09-18 06:30:34 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold Corp. reported significant RC drill results from its Santa Fe Mine Project in Nevada, notably identifying new gold-silver mineralization in Tertiary volcanic rocks along the Summit Fault. The program also confirmed broad oxide mineralization at the Slab West exploration target, which remains open for expansion.
Reasoning: The release reports significant new exploration success, specifically identifying a new target in Tertiary volcanic rocks and expanding the Slab West discovery area.
Positive factors
- First significant gold mineralization in Tertiary volcanic rocks along Summit Fault
- New exploration target established
- Slab West discovery shows thick, shallow-dipping oxide mineralization
- QA/QC protocols clearly disclosed with certified lab
Facts used in scoring: 8
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Mineralization identified in Tertiary volcanic rocks along the Summit Fault, establishing a new exploration target.
Evidence · text
“establishes a new exploration target along the Summit Fault”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes detailed QA/QC protocols, including CRM insertion rates and certified lab (American Assay Laboratories) usage.
Evidence · text
“Lahontan conducts an industry standard QA/QC program for its core and RC drilling programs.”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Results are part of the Santa Fe Mine Project, a known gold-silver district.
Evidence · text
“additional drill results from its 2026 drilling program at the Santa Fe Mine Project.”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (8)
CAL26-12RSanta Fe Mine · goldGrade: 1.25Grade Unit: g/tIntercept: 12.2 mView all detailsHide details
Identity
- Hole ID
- CAL26-12R
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 12.2 m
- From
- 166.1 m
- To
- 178.3 m
- Intercept Depth
- 166.1 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-12R:166.1-178.3
- Mining Method
- open_pit
Location
- Location
- Calvada East
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 1.26
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Solid oxide intercept near existing resource.
Positive factors
- Significant intercept near base of current pit shell
Evidence · text
“CAL26-12R... intersected 12.2 metres (166.1 – 178.3m) grading 1.26 g/t Au Eq oxide (1.25 g/t Au, 0.8 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
CAL26-12RSanta Fe Mine · silverGrade: 0.8Grade Unit: g/tIntercept: 12.2 mView all detailsHide details
Identity
- Hole ID
- CAL26-12R
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 12.2 m
- From
- 166.1 m
- To
- 178.3 m
- Intercept Depth
- 166.1 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-12R:166.1-178.3
- Mining Method
- open_pit
Location
- Location
- Calvada East
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Secondary metal in a gold intercept.
Evidence · text
“1.26 g/t Au Eq oxide (1.25 g/t Au, 0.8 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
CAL26-11RSanta Fe Mine · goldGrade: 1.01Grade Unit: g/tIntercept: 13.7 mView all detailsHide details
Identity
- Hole ID
- CAL26-11R
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 1.01
- Grade Unit
- g/t
- Intercept
- 13.7 m
- From
- 176.8 m
- To
- 190.5 m
- Intercept Depth
- 176.8 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-11R:176.8-190.5
- Mining Method
- open_pit
Location
- Location
- Calvada East
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 1.1
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: High novelty due to new geological host.
Positive factors
- First significant gold in Tertiary volcanic rocks
- Establishes new exploration target
Evidence · text
“CAL26-11R... intersected 13.7 metres (176.8 – 190.5m) grading 1.10 g/t Au Eq (1.01 g/t Au, 7.1 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
CAL26-11RSanta Fe Mine · silverGrade: 7.1Grade Unit: g/tIntercept: 13.7 mView all detailsHide details
Identity
- Hole ID
- CAL26-11R
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 7.1
- Grade Unit
- g/t
- Intercept
- 13.7 m
- From
- 176.8 m
- To
- 190.5 m
- Intercept Depth
- 176.8 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-11R:176.8-190.5
- Mining Method
- open_pit
Location
- Location
- Calvada East
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Secondary metal in a gold intercept.
Evidence · text
“1.10 g/t Au Eq (1.01 g/t Au, 7.1 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
CAL26-13RSanta Fe Mine · goldGrade: 0.19Grade Unit: g/tIntercept: 35.1 mView all detailsHide details
Identity
- Hole ID
- CAL26-13R
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 0.19
- Grade Unit
- g/t
- Intercept
- 35.1 m
- From
- 57.9 m
- To
- 93 m
- Intercept Depth
- 57.9 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-13R:57.9-93
- Mining Method
- open_pit
Location
- Location
- Slab West
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.21
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Wide but low grade intercept in a new discovery area.
Positive factors
- Broad interval of mineralization
Evidence · text
“CAL26-13R intercepted 35.1m (57.9 – 93.0m) of shallow mineralization grading 0.21 g/t Au Eq (0.19 g/t Au, 1.5 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
CAL26-13RSanta Fe Mine · silverGrade: 1.5Grade Unit: g/tIntercept: 35.1 mView all detailsHide details
Identity
- Hole ID
- CAL26-13R
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 1.5
- Grade Unit
- g/t
- Intercept
- 35.1 m
- From
- 57.9 m
- To
- 93 m
- Intercept Depth
- 57.9 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-13R:57.9-93
- Mining Method
- open_pit
Location
- Location
- Slab West
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Secondary metal in a gold intercept.
Evidence · text
“0.21 g/t Au Eq (0.19 g/t Au, 1.5 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
CAL26-15RSanta Fe Mine · goldGrade: 0.21Grade Unit: g/tIntercept: 18.3 mView all detailsHide details
Identity
- Hole ID
- CAL26-15R
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 0.21
- Grade Unit
- g/t
- Intercept
- 18.3 m
- From
- 144.8 m
- To
- 163.1 m
- Intercept Depth
- 144.8 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-15R:144.8-163.1
- Mining Method
- open_pit
Location
- Location
- Slab West
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.22
- Metal Eq. Unit
- g/t Au Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Broad interval in a new discovery area.
Evidence · text
“CAL26-15R cut 18.3m (144.8 – 163.1m) grading 0.22 g/t Au Eq (0.21 g/t Au, 0.8 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
CAL26-15RSanta Fe Mine · silverGrade: 0.8Grade Unit: g/tIntercept: 18.3 mView all detailsHide details
Identity
- Hole ID
- CAL26-15R
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 18.3 m
- From
- 144.8 m
- To
- 163.1 m
- Intercept Depth
- 144.8 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-15R:144.8-163.1
- Mining Method
- open_pit
Location
- Location
- Slab West
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Secondary metal in a gold intercept.
Evidence · text
“0.22 g/t Au Eq (0.21 g/t Au, 0.8 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.