# Lahontan Drills 12.2m Grading 1.25 g/t Au Oxide at Calvada East Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249 Original source: https://money.tmx.com/en/quote/LG/news/8607679258974450/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east Publisher: tmx Original announcement: 2026-08-05T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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 factor: First significant gold mineralization in Tertiary volcanic rocks along Summit Fault - Positive factor: New exploration target established - Positive factor: Slab West discovery shows thick, shallow-dipping oxide mineralization - Positive factor: QA/QC protocols clearly disclosed with certified lab Facts used in scoring: 8 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Play** Polarity: neutral Definition: 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) ### CAL26-12R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-0) Santa Fe Mine · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-12R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-1) Santa Fe Mine · silver #### 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-11R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-2) Santa Fe Mine · gold #### 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 factor: First significant gold in Tertiary volcanic rocks - Positive factor: 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-11R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-3) Santa Fe Mine · silver #### 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-13R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-4) Santa Fe Mine · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-13R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-5) Santa Fe Mine · silver #### 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-15R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-6) Santa Fe Mine · gold #### 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 Disclosed** Polarity: positive Definition: 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 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 ### CAL26-15R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--54f54ae0-c071-46b6-93ff-bee3ddf08249#fact-drill-facts-7) Santa Fe Mine · silver #### 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 Disclosed** Polarity: positive Definition: 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 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 ## 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.