Lahontan Drills 31m Grading 0.90 g/t Au Oxide at Calvada Central
Original announcement by globenewswire on
- 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 20:02:04 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold reported significant gold mineralization at the Calvada Central area of the Santa Fe Mine project, including a 10.7m high-grade interval of 2.18 g/t Au Eq. The results were obtained from both diamond and reverse-circulation drilling programs designed to support permitting and constrain mineralization.
Reasoning: The release reports significant gold intercepts, including a high-grade 10.7m interval, from a hole originally intended for geotechnical purposes, which reinforces the resource potential.
Positive factors
- high-grade intercept in geotechnical hole
- QA/QC protocols clearly disclosed
- continuity of mineralization noted
Negative factors
- intercepts are Au Eq (gold equivalent) rather than pure gold
Facts used in scoring: 5
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: Release includes detailed QA/QC protocols, including blanks, CRMs, and duplicate sampling, with analysis by American Assay Laboratories.
Evidence · text
“Lahontan conducts an industry standard QA/QC program for its core and RC drilling programs.”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 3.25 g/t Au interval is high grade, though narrow.
Evidence · text
“High grade gold mineralization grading 3.25 g/t Au (116.7 – 118.1m)”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
CAL26-03CSanta Fe Mine project · goldGrade: 0.93Grade Unit: g/t Au EqIntercept: 30.8 mView all detailsHide details
Identity
- Hole ID
- CAL26-03C
- Project
- Santa Fe Mine project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.93
- Grade Unit
- g/t Au Eq
- Intercept
- 30.8 m
- From
- 94.8 m
- To
- 125.6 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-03C:94.8-125.6
- Mining Method
- open_pit
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: 30.8m intercept at 0.93 g/t Au Eq is a solid result near the resource pit shell.
Positive factors
- significant width
Evidence · text
“CAL26-03C... intersected 30.8 metres (94.8 – 125.6m) grading 0.93 g/t Au Eq oxide”
CAL26-03CSanta Fe Mine project · goldGrade: 2.18Grade Unit: g/t Au EqIntercept: 10.7 mView all detailsHide details
Identity
- Hole ID
- CAL26-03C
- Project
- Santa Fe Mine project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 2.18
- Grade Unit
- g/t Au Eq
- Intercept
- 10.7 m
- From
- 114 m
- To
- 124.7 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-03C:114.0-124.7
- Mining Method
- open_pit
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: 10.7m at 2.18 g/t Au Eq is a strong high-grade component of the larger intercept.
Positive factors
- high-grade sub-interval
Evidence · text
“includes a 10.7 metre interval (114.0 -124.7 m) of high-grade material: 2.18 g/t Au Eq”
CAL26-03CSanta Fe Mine project · goldGrade: 3.25Grade Unit: g/t AuIntercept: 1.4 mView all detailsHide details
Identity
- Hole ID
- CAL26-03C
- Project
- Santa Fe Mine project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 3.25
- Grade Unit
- g/t Au
- Intercept
- 1.4 m
- From
- 116.7 m
- To
- 118.1 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-03C:116.7-118.1
- Mining Method
- open_pit
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Very high grade (3.25 g/t Au) but extremely narrow (1.4m) interval.
Positive factors
- high grade
Negative factors
- narrow width
Evidence · text
“High grade gold mineralization grading 3.25 g/t Au (116.7 – 118.1m) in CAL26-03C”
CAL26-06RSanta Fe Mine project · goldGrade: 0.4Grade Unit: g/t Au EqIntercept: 15.2 mView all detailsHide details
Identity
- Hole ID
- CAL26-06R
- Project
- Santa Fe Mine project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.4
- Grade Unit
- g/t Au Eq
- Intercept
- 15.2 m
- From
- 0 m
- To
- 15.2 m
Classification
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: 15.2m at 0.40 g/t Au Eq is a moderate intercept at the south end of the pit.
Positive factors
- good width
Evidence · text
“15.2 metres grading 0.40 g/t Au Eq (CAL26-06R; 0 – 15.2m)”
CAL26-007RSanta Fe Mine project · goldGrade: 0.22Grade Unit: g/t Au EqIntercept: 9.1 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- CAL26-007R
- Project
- Santa Fe Mine project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.22
- Grade Unit
- g/t Au Eq
- Intercept
- 9.1 m
- From
- 0 m
- To
- 9.1 m
Classification
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- Laboratory
- American Assay Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: 9.1m at 0.22 g/t Au Eq is a marginal intercept.
Negative factors
- low grade
Evidence · text
“9.1 metres grading 0.22 g/t Au Eq (0 – 9.1m)”
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.