Lahontan Drills 16.5m Grading 2.72 g/t Au and 2.8 g/t Ag at Santa Fe Heap Leach Pad Two
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
- 2026-09-15 12:49:03 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold has reported encouraging Sonic core drilling results from the Santa Fe Mine Project's Heap Leach Pad Two in Nevada. The initial ten holes confirm significant residual gold and silver mineralization, with nearly every interval containing meaningful grades.
Reasoning: Sonic drilling of historic heap leach pad confirms residual gold and silver mineralization, supporting potential reprocessing.
Positive factors
- confirms presence of significant residual mineralization
- high percentage of intervals containing mineralization
- amenable to conventional CN leaching
Negative factors
- lack of systematic geologic controls in heap leach material
- high grade variability expected
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 details insertion of coarse blanks and CRMs and names American Assay Laboratories.
Evidence · text
“The QA/QC program consisted of the insertion of coarse blanks and Certified Reference Materials (CRM)”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The program is evaluating a historic heap leach pad at the Santa Fe Mine Project.
Evidence · text
“the program is evaluating a historic heap leach pad”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
SF26-XXXSSanta Fe Mine · goldGrade: 2.72Grade Unit: g/tIntercept: 16.5 mView all detailsHide details
Identity
- Hole ID
- SF26-XXXS
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 2.72
- Grade Unit
- g/t
- Intercept
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SF26-XXXS:0-16.5
- Mining Method
- open_pit
Location
- Location
- Santa Fe Heap Leach Pad Two
- 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
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-15T00:00:00.000Z
Reasoning: Strong intercept in a historic heap leach pad confirming residual mineralization.
Positive factors
- intercept length is substantial
Evidence · text
“Lahontan Drills 16.5m Grading 2.72 g/t Au and 2.8 g/t Ag at Santa Fe Heap Leach Pad Two”
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
SF26-XXXSSanta Fe Mine · silverGrade: 2.8Grade Unit: g/tIntercept: 16.5 mView all detailsHide details
Identity
- Hole ID
- SF26-XXXS
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 2.8
- Grade Unit
- g/t
- Intercept
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SF26-XXXS:0-16.5
- Mining Method
- open_pit
Location
- Location
- Santa Fe Heap Leach Pad Two
- 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
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-15T00:00:00.000Z
Reasoning: Silver grade accompanies gold in a significant intercept.
Evidence · text
“Lahontan Drills 16.5m Grading 2.72 g/t Au and 2.8 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.