# Lahontan Drills 9.9m Grading 2.40 g/t Au and 50.7 g/t Ag in Santa Fe Mine Stockpile

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp--48bbcca0-eb82-424b-b24e-201f045f4780

Original source: https://money.tmx.com/en/quote/LG/news/5829236151232921/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp

Publisher: tmx

Original announcement: 2026-07-23T11:00:00.000Z

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

- Extracted: 2026-09-18 06:32:42 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Lahontan Gold Corp. has reported the first results from its 2026 Sonic drilling program at the Santa Fe Mine in Nevada. The results from a historic 'low-grade' stockpile show grades of 2.40 g/t Au and 50.7 g/t Ag over 9.9m, which are significantly higher than previously anticipated.

Reasoning: The drill results confirm higher-than-expected grades in a historic stockpile, providing a potential low-cost feed source for future reprocessing.

- Positive factor: Grades significantly higher than anticipated for a 'low-grade' stockpile

- Positive factor: Confirms mineralization in accessible historic heap leach pads/stockpiles

- Positive factor: Suggests material is amenable to conventional heap leach processing

- Positive factor: QA/QC protocols and certified lab \(AAL\) disclosed

Facts used in scoring: 2

## Classification and evidence

**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 use of blanks.

Evidence · text

> Lahontan conducts an industry standard QA/QC program for its core, Sonic, and RC drilling programs.

**True Width Disclosed**

Polarity: positive

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

Why it applies: Document states true thickness is approximately 100% of the drilled interval for vertical holes.

Evidence · text

> All drill holes are vertical, true thickness of the intercepts are approximately 100% of the drilled interval.

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp--48bbcca0-eb82-424b-b24e-201f045f4780#fact-drill-facts-0)

Santa Fe Mine · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Santa Fe Mine
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: LG

#### Geometry

- Grade: 2.4
- Grade Unit: g/t
- Intercept: 9.9 m
- True Width: 9.9 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: unknown:0-9.9
- Mining Method: open\_pit

#### Location

- Location: Santa Fe Mine Stockpile
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Assay Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: High-grade intercept in a previously classified low-grade stockpile.

- Positive factor: Grade is higher than anticipated for this stockpile

Evidence · text

> 9.9m Grading 2.40 g/t Au and 50.7 g/t Ag in Santa Fe Mine Stockpile

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 9.9

**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

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp--48bbcca0-eb82-424b-b24e-201f045f4780#fact-drill-facts-1)

Santa Fe Mine · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Santa Fe Mine
- Commodity: silver
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: LG

#### Geometry

- Grade: 50.7
- Grade Unit: g/t
- Intercept: 9.9 m
- True Width: 9.9 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: unknown:0-9.9
- Mining Method: open\_pit

#### Location

- Location: Santa Fe Mine Stockpile
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Assay Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Strong silver grade accompanying the gold intercept.

- Positive factor: Significant silver mineralization confirmed

Evidence · text

> 9.9m Grading 2.40 g/t Au and 50.7 g/t Ag

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

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

Why it applies: true\_width\_m is 9.9

**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.
