# Lahontan Drills 91m Grading 0.43 g/t Au Oxide at Calvada, Discovers New Gold Zone at Slab West Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lahontan-drills-91m-grading-0-43-g-t-au-oxide-at-calvada-discovers-new-gold-zone--e51babda-5de2-4b25-9eca-ad8922396db2 Original source: https://money.tmx.com/en/quote/LG/news/8350083157864794/lahontan-drills-91m-grading-0-43-g-t-au-oxide-at-calvada-discovers-new-gold-zone Publisher: tmx Original announcement: 2026-06-09T11:00:00.000Z 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 06:38:55 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lahontan Gold Corp. has announced significant drill results from its 2026 program at the Santa Fe Mine Project in Nevada. The program includes the discovery of a new, unconstrained gold mineralization zone at Slab West and geotechnical drilling at Calvada that intercepted gold below the existing pit shell. Reasoning: The announcement reports a genuine discovery of a new mineralized zone \(Slab West\) and significant geotechnical/resource-extension intercepts at Calvada, both of which provide high novelty and expansion potential for the Santa Fe Mine Project. - Positive factor: Discovery of a new gold zone \(Slab West\) that is unconstrained in all directions - Positive factor: Drilling at Calvada confirmed mineralization below the current resource pit shell - Positive factor: Robust QA/QC protocols disclosed including CRM and blanks - Positive factor: Significant RC drilling results at Slab West Facts used in scoring: 4 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Mineralization at Calvada was found below the current resource pit shell. Evidence · text > cut 90.8 metres \(194.2 – 285.0 m\) grading 0.44 g/t Au Eq oxide near the bottom and below the current resource pit shell **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 laboratory names. 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: The Slab West discovery is located west of the existing Slab open pit resource. Evidence · text > discovered a previously unrecognized zone of gold mineralization located west of the Slab open pit ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### CAL26-02C [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-91m-grading-0-43-g-t-au-oxide-at-calvada-discovers-new-gold-zone--e51babda-5de2-4b25-9eca-ad8922396db2#fact-drill-facts-0) Santa Fe Mine · gold #### Identity - Hole ID: CAL26-02C - Project: Santa Fe Mine - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: LG #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 90.8 m - From: 194.2 m - To: 285 m - Intercept Depth: 194.2 m #### Classification - Sample Type: drill - Group ID: CAL26-02C:194.2-285 - Mining Method: open\_pit #### Location - Location: Calvada - Loc. Source: document #### QA/QC - Laboratory: American Assay Laboratories \(AAL\) - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.44 - Metal Eq. Unit: g/t Au Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-09T00:00:00.000Z Reasoning: Significant width and depth extension below the current pit shell. - Positive factor: Intercept extends below the current resource pit shell Evidence · text > CAL26-02C... cut 90.8 metres \(194.2 – 285.0 m\) grading 0.44 g/t Au Eq oxide #### 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 ### CAL26-02C [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-91m-grading-0-43-g-t-au-oxide-at-calvada-discovers-new-gold-zone--e51babda-5de2-4b25-9eca-ad8922396db2#fact-drill-facts-1) Santa Fe Mine · gold #### Identity - Hole ID: CAL26-02C - Project: Santa Fe Mine - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: LG #### Geometry - Grade: 1.22 - Grade Unit: g/t - Intercept: 12.3 m - From: 212.4 m - To: 223.7 m - Intercept Depth: 212.4 m #### Classification - Sample Type: drill - Group ID: CAL26-02C:212.4-223.7 - Mining Method: open\_pit #### Location - Location: Calvada - Loc. Source: document #### QA/QC - Laboratory: American Assay Laboratories \(AAL\) - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 1.22 - Metal Eq. Unit: g/t Au Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-09T00:00:00.000Z Reasoning: High-grade sub-interval within the Calvada hole. - Positive factor: High-grade interval within a larger intercept Evidence · text > 12.3 metre interval \(212.4 -223.7 m\) of high-grade material: 1.22 g/t Au Eq #### 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 ### CAL26-03R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-91m-grading-0-43-g-t-au-oxide-at-calvada-discovers-new-gold-zone--e51babda-5de2-4b25-9eca-ad8922396db2#fact-drill-facts-2) Santa Fe Mine · gold #### Identity - Hole ID: CAL26-03R - Project: Santa Fe Mine - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: LG #### Geometry - Grade: 0.34 - Grade Unit: g/t - Intercept: 35 m - From: 164.6 m - To: 199.6 m - Intercept Depth: 164.6 m #### Classification - Sample Type: drill - Group ID: CAL26-03R:164.6-199.6 - Mining Method: open\_pit #### Location - Location: Slab West - Loc. Source: document #### QA/QC - Laboratory: American Assay Laboratories \(AAL\) - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.34 - Metal Eq. Unit: g/t Au Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-09T00:00:00.000Z Reasoning: Significant width in a new discovery zone. - Positive factor: Part of a new discovery zone Evidence · text > 35.0 metres grading 0.34 g/t Au Eq \(CAL26-03R; 164.6 – 199.6 m\) #### 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 ### CAL26-01R [Link to this fact](https://atlas-extractions.minestarters.com/news/lahontan-drills-91m-grading-0-43-g-t-au-oxide-at-calvada-discovers-new-gold-zone--e51babda-5de2-4b25-9eca-ad8922396db2#fact-drill-facts-3) Santa Fe Mine · gold #### Identity - Hole ID: CAL26-01R - Project: Santa Fe Mine - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: LG #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 61 m - From: 184.4 m - To: 245.4 m - Intercept Depth: 184.4 m #### Classification - Sample Type: drill - Group ID: CAL26-01R:184.4-245.4 - Mining Method: open\_pit #### Location - Location: Slab West - Loc. Source: document #### QA/QC - Laboratory: American Assay Laboratories \(AAL\) - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.26 - Metal Eq. Unit: g/t Au Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-09T00:00:00.000Z Reasoning: Wide intercept contributing to the Slab West discovery. - Positive factor: Significant width in a new discovery zone Evidence · text > 61.0 metres grading 0.26 g/t Au Eq \(CAL26-01R; 184.4 – 245.4 m\) #### 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.