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 investingnews on
- Company
- Lahontan Gold Corp.
- Ticker
- LG
- Exchange
- TSXV
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-09-15 11:47:38 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, specifically targeting the historic Heap Leach Pad Two. The initial ten holes confirm the presence of significant residual gold and silver mineralization, with a weighted average grade of 0.50 g/t Au and 3.3 g/t Ag to date.
Reasoning: The drill results confirm significant residual gold and silver mineralization in the historic heap leach pad, which is a key objective for the company's reprocessing strategy.
Positive factors
- significant residual mineralization confirmed
- amenable to conventional CN leaching
- QA/QC protocols disclosed
Negative factors
- high grade variability expected in heap leach material
Facts used in scoring: 2
Classification and evidence
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 an industry standard QA/QC program including blanks, CRMs, and laboratory protocols.
Evidence · text
“Lahontan conducts an industry standard QA/QC program”
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 detailsHide details
Identity
- Hole ID
- SF26-XXXS
- Project
- Santa Fe Mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 2.72
- Grade Unit
- g/t
- Intercept
- 16.5 m
Classification
- Sample Type
- drill
- Group ID
- SF26-XXXS:unknown
- Mining Method
- open_pit
Location
- Location
- Santa Fe Mine Heap Leach Pad Two
- 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: The 2.72 g/t Au intercept is higher than the project's weighted average of 0.50 g/t Au reported for the program to date.
Positive factors
- above project average gold grade
Evidence · text
“16.5m Grading 2.72 g/t Au and 2.8 g/t Ag”
Tags used in scoring
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 detailsHide details
Identity
- Hole ID
- SF26-XXXS
- Project
- Santa Fe Mine
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LG
Geometry
- Grade
- 2.8
- Grade Unit
- g/t
- Intercept
- 16.5 m
Classification
- Sample Type
- drill
- Group ID
- SF26-XXXS:unknown
- Mining Method
- open_pit
Location
- Location
- Santa Fe Mine Heap Leach Pad Two
- 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 is reported alongside gold in the intercept.
Evidence · text
“16.5m Grading 2.72 g/t Au and 2.8 g/t Ag”
Tags used in scoring
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.