# Lahontan Drills 12.2m Grading 1.25 g/t Au Oxide at Calvada East Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749 Original source: https://www.globenewswire.com/news-release/2026/08/05/3339171/0/en/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east.html Publisher: globenewswire Original announcement: 2026-08-05T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lahontan Gold Corp. - Ticker: LG - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Drill results, Other - Extracted: 2026-08-20 18:57:36 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lahontan Gold reported significant drill results from its Santa Fe Mine Project, including the first gold mineralization hosted in Tertiary volcanic rocks along the Summit Fault. The program also identified high-grade oxide mineralization at Calvada East and broad oxide gold-silver intervals at the Slab West exploration target. Reasoning: The results establish a new exploration target in previously untested Tertiary volcanic rocks and show high-grade oxide intercepts at Calvada East. - Positive factor: new exploration target along Summit Fault - Positive factor: first significant gold in Tertiary volcanic rocks - Positive factor: high-grade oxide mineralization at Calvada East Facts used in scoring: 9 ## 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 blanks, CRMs, and duplicate sampling. Evidence · text > Lahontan conducts an industry standard QA/QC program for its core and RC drilling programs. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The CAL26-11R intercept establishes a new exploration target along the Summit Fault in previously untested volcanic rocks. Evidence · text > establishes a new exploration target along the Summit Fault. ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (9) ### CAL26-12R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-0) Santa Fe Mine Project · gold #### Identity - Hole ID: CAL26-12R - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 1.25 - Grade Unit: g/t - Intercept: 12.2 m - From: 166.1 m - To: 178.3 m #### Classification - Sample Type: drill - Group ID: CAL26-12R:166.1-178.3 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: 1.25 g/t Au over 12.2m is a solid oxide intercept near the current pit shell. - Positive factor: high-grade oxide mineralization Evidence · text > CAL26-12R... intersected 12.2 metres \(166.1 – 178.3m\) grading 1.26 g/t Au Eq oxide \(1.25 g/t Au, 0.8 g/t Ag\) ### CAL26-12R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-1) Santa Fe Mine Project · silver #### Identity - Hole ID: CAL26-12R - Project: Santa Fe Mine Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 0.8 - Grade Unit: g/t - Intercept: 12.2 m - From: 166.1 m - To: 178.3 m #### Classification - Sample Type: drill - Group ID: CAL26-12R:166.1-178.3 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Silver is reported as a byproduct credit. Evidence · text > 1.26 g/t Au Eq oxide \(1.25 g/t Au, 0.8 g/t Ag\) ### CAL26-12R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-2) Santa Fe Mine Project · gold #### Identity - Hole ID: CAL26-12R - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 3.29 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill - Group ID: CAL26-12R:166.1-178.3 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: High-grade 1.5m sample within the larger intercept. - Positive factor: high-grade sub-interval Evidence · text > individual 1.5 metre samples ranging up to 3.29 g/t Au ### CAL26-11R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-3) Santa Fe Mine Project · gold #### Identity - Hole ID: CAL26-11R - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 13.7 m - From: 176.8 m - To: 190.5 m #### Classification - Sample Type: drill - Group ID: CAL26-11R:176.8-190.5 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Significant discovery potential as it establishes a new target in previously untested volcanic rocks. - Positive factor: new exploration target - Positive factor: first significant gold in Tertiary volcanic rocks Evidence · text > CAL26-11R... intersected 13.7 metres \(176.8 – 190.5m\) grading 1.10 g/t Au Eq \(1.01 g/t Au, 7.1 g/t Ag\) ### CAL26-11R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-4) Santa Fe Mine Project · silver #### Identity - Hole ID: CAL26-11R - Project: Santa Fe Mine Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 7.1 - Grade Unit: g/t - Intercept: 13.7 m - From: 176.8 m - To: 190.5 m #### Classification - Sample Type: drill - Group ID: CAL26-11R:176.8-190.5 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Silver byproduct credit in a new target zone. Evidence · text > 1.10 g/t Au Eq \(1.01 g/t Au, 7.1 g/t Ag\) ### CAL26-13R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-5) Santa Fe Mine Project · gold #### Identity - Hole ID: CAL26-13R - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 0.19 - Grade Unit: g/t - Intercept: 35.1 m - From: 57.9 m - To: 93 m #### Classification - Sample Type: drill - Group ID: CAL26-13R:57.9-93.0 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Low grade but broad interval at a new exploration target \(Slab West\). - Positive factor: broad interval Evidence · text > CAL26-13R intercepted 35.1m \(57.9 – 93.0m\) of shallow mineralization grading 0.21 g/t Au Eq \(0.19 g/t Au, 1.5 g/t Ag\) ### CAL26-13R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-6) Santa Fe Mine Project · silver #### Identity - Hole ID: CAL26-13R - Project: Santa Fe Mine Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 1.5 - Grade Unit: g/t - Intercept: 35.1 m - From: 57.9 m - To: 93 m #### Classification - Sample Type: drill - Group ID: CAL26-13R:57.9-93.0 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Silver byproduct credit. Evidence · text > 0.21 g/t Au Eq \(0.19 g/t Au, 1.5 g/t Ag\) ### CAL26-15R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-7) Santa Fe Mine Project · gold #### Identity - Hole ID: CAL26-15R - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 0.21 - Grade Unit: g/t - Intercept: 18.3 m - From: 144.8 m - To: 163.1 m #### Classification - Sample Type: drill - Group ID: CAL26-15R:144.8-163.1 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Low grade intercept at Slab West target. Evidence · text > CAL26-15R cut 18.3m \(144.8 – 163.1m\) grading 0.22 g/t Au Eq \(0.21 g/t Au, 0.8 g/t Ag\) ### CAL26-15R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-12-2m-grading-1-25-g-t-au-oxide-at-calvada-east--67b323b3-368c-4559-b08f-d5ff1de1e749#fact-drill-facts-8) Santa Fe Mine Project · silver #### Identity - Hole ID: CAL26-15R - Project: Santa Fe Mine Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Geometry - Grade: 0.8 - Grade Unit: g/t - Intercept: 18.3 m - From: 144.8 m - To: 163.1 m #### Classification - Sample Type: drill - Group ID: CAL26-15R:144.8-163.1 - Mining Method: open\_pit #### QA/QC - Laboratory: American Assay Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-05T00:00:00.000Z Reasoning: Silver byproduct credit. Evidence · text > 0.22 g/t Au Eq \(0.21 g/t Au, 0.8 g/t Ag\) ## 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.