# InvestorNewsBreaks - Lahontan Gold Corp. \(TSXV: LG\) \(OTCQB: LGCXF\) Reports Encouraging Gold, Silver Results From Santa Fe Heap Leach Pad Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af Original source: https://orestocks.com/company/LG.V/press-releases/5140984346023229 Publisher: orestocks Original announcement: 2026-09-15T13:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-15T16:20:26.625Z Atlas analysis updated: 2026-09-15T16:20:26.625Z - Company: Lahontan Gold Corp. - Ticker: LG - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Drill results - Extracted: 2026-09-15 16:20:27 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lahontan Gold Corp. reported encouraging sonic drill results from the Santa Fe Mine Project in Nevada, with 10 holes from Heap Leach Pad Two returning a weighted average of 0.50 g/t gold and 3.3 g/t silver. These grades exceed the estimated residual grades of the pad and suggest the material may be amenable to conventional cyanide leaching. Reasoning: Drill results from historic heap leach pad show higher-than-expected grades \(0.50 g/t Au vs 0.29 g/t Au residual\) and suggest good metallurgical amenability via cyanide leaching. - Positive factor: Grades exceed estimated residual grades - Positive factor: Cyanide leach amenability suggested - Positive factor: Sonic drilling program progressing - Negative factor: Low absolute grades \(0.50 g/t Au\) - Negative factor: Additional drilling required for resource calculation Facts used in scoring: 6 ## 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: The release mentions cyanide gold analyses and refers to a NI 43-101 compliant technical report. Evidence · text > The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael Lindholm, CPG... who is a Qualified Person **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The company explicitly states its mineral resources are NI 43-101 compliant. Evidence · text > has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af#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: 0.5 - Grade Unit: g/t - Intercept: 168.9 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Weighted average grade of 0.50 g/t Au from 10 holes exceeds the estimated residual grade of 0.29 g/t Au. - Positive factor: Exceeds residual grade - Negative factor: Low absolute grade Evidence · text > all samples returned a weighted average grade of 0.50 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af#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: 3.3 - Grade Unit: g/t - Intercept: 168.9 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Weighted average grade of 3.3 g/t Ag from 10 holes exceeds the estimated residual grade of 2.5 g/t Ag. - Positive factor: Exceeds residual grade Evidence · text > and 3.3 g/t silver #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af#fact-resource-facts-2) Santa Fe Mine Project · gold #### Identity - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2024-12-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:34d79629bbb0567fb009 - Deposit or zone: Santa Fe Mine - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: indicated - Tonnes: 48393000 - Grade: 0.92 - Grade Unit: g/t - Contained Metal: 1539000 - Contained Unit: oz au eq - Cutoff Grade: 0.15 - Cutoff Unit: g/t AuEq #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Large Indicated resource at Santa Fe Mine. - Positive factor: NI 43-101 compliant Evidence · text > Indicated Mineral Resource of 1,539,000 oz Au Eq \(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af#fact-resource-facts-3) Santa Fe Mine Project · silver #### Identity - Project: Santa Fe Mine Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2024-12-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:34d79629bbb0567fb009 - Deposit or zone: Santa Fe Mine - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: indicated - Tonnes: 48393000 - Grade: 7.18 - Grade Unit: g/t - Cutoff Grade: 0.15 - Cutoff Unit: g/t AuEq #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Silver component of Indicated resource. Evidence · text > 48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af#fact-resource-facts-4) Santa Fe Mine Project · gold #### Identity - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2024-12-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:907ddec929d778c12a96 - Deposit or zone: Santa Fe Mine - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: inferred - Tonnes: 16760000 - Grade: 0.74 - Grade Unit: g/t - Contained Metal: 411000 - Contained Unit: oz au eq - Cutoff Grade: 0.15 - Cutoff Unit: g/t AuEq #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Inferred resource component. - Negative factor: Inferred category Evidence · text > Inferred Mineral Resource of 411,000 oz Au Eq \(16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-lahontan-gold-corp-tsxv-lg-otcqb-lgcxf-reports-encouraging-go--cec78223-cc73-429d-a9a7-e7f675e486af#fact-resource-facts-5) Santa Fe Mine Project · silver #### Identity - Project: Santa Fe Mine Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Effective date: 2024-12-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:907ddec929d778c12a96 - Deposit or zone: Santa Fe Mine - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: inferred - Tonnes: 16760000 - Grade: 3.25 - Grade Unit: g/t - Cutoff Grade: 0.15 - Cutoff Unit: g/t AuEq #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Silver component of Inferred resource. - Negative factor: Inferred category Evidence · text > 16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.