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 orestocks on

Company
Lahontan Gold Corp.
Ticker
LG.V
Exchange
Unavailable
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-09-15 11:23:49 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lahontan Gold Corp. has reported encouraging Sonic core drilling results from its Santa Fe Mine Project in Nevada. The results confirm significant residual gold and silver mineralization within the historic Heap Leach Pad Two (HLP Two).

Reasoning: The drilling confirms significant residual gold and silver mineralization in a historic heap leach pad, providing a new target for reprocessing.

Positive factors

  • Significant residual mineralization confirmed in historic heap leach pad
  • QA/QC protocols and certified laboratory (AAL) disclosed
  • High-grade intercept of 2.72 g/t Au

Negative factors

  • High grade variability expected in heap leach pad material
  • CN analyses vary significantly from fire assay values

Facts used in scoring: 2

Classification and evidence

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states true thickness is approximately 100% of the drilled interval.

Evidence · text

“true thickness of the intercepts are approximately 100% of the drilled interval”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details the use of blanks, CRMs, and a certified laboratory (AAL).

Evidence · text

“The QA/QC program consisted of the insertion of coarse blanks and Certified Reference Materials (CRM)”

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 details
Link to this fact

Identity

Hole ID
SF26-XXXS
Project
Santa Fe Mine
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
LG.V

Geometry

Grade
2.72
Grade Unit
g/t
Intercept
16.5 m
True Width
16.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
SF26-XXXS:0-16.5
Mining Method
open_pit

Location

Location
Santa Fe Mine Heap Leach Pad Two
Loc. Confidence
medium
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: 2.72 g/t Au is a strong intercept for residual material in a heap leach pad.

Positive factors

  • Strong grade for a heap leach pad target

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

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.5

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 details
Link to this fact

Identity

Hole ID
SF26-XXXS
Project
Santa Fe Mine
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
LG.V

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
16.5 m
True Width
16.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
SF26-XXXS:0-16.5
Mining Method
open_pit

Location

Location
Santa Fe Mine Heap Leach Pad Two
Loc. Confidence
medium
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 the gold intercept in the residual material.

Positive factors

  • Co-occurrence with gold mineralization

Evidence · text

“16.5m Grading 2.72 g/t Au and 2.8 g/t Ag”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.5

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.