# Lahontan Drills 9.9m Grading 2.40 g/t Au and 50.7 g/t Ag in Santa Fe Mine Stockpile

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp--3dfe1c47-e900-438c-bba8-98d961d0bcda

Original source: https://www.globenewswire.com/news-release/2026/07/23/3331999/0/en/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockpile.html

Publisher: globenewswire

Original announcement: 2026-07-23T00:00:00.000Z

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 20:31:42 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Lahontan Gold has reported the first drill results from its 2026 Sonic drilling program at the Santa Fe Mine, targeting historic heap leach pads and stockpiles. The results show a 9.9m intercept grading 2.40 g/t Au and 50.7 g/t Ag, which is significantly higher than the anticipated grades for this 'low-grade' stockpile.

Reasoning: The drill results confirm higher-than-expected gold and silver grades in a historic stockpile, providing a low-cost reprocessing opportunity.

- Positive factor: Grades higher than anticipated for a low-grade stockpile

- Positive factor: Confirms mineralization in historic heap leach pads

- Positive factor: Amenable to conventional heap leach processing

Facts used in scoring: 2

## 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 details insertion rates of blanks and CRMs and names American Assay Laboratories.

Evidence · text

> The QA/QC program consisted of the insertion of coarse blanks and Certified Reference Materials \(CRM\)

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Document states true thickness is approximately 100% of drilled interval.

Evidence · text

> true thickness of the intercepts are approximately 100% of the drilled interval

## Extracted facts

Stored fact records: 2. 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/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp--3dfe1c47-e900-438c-bba8-98d961d0bcda#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: Nevada
- Ticker: LG

#### Geometry

- Grade: 2.4
- Grade Unit: g/t
- Intercept: 9.9 m
- True Width: 9.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: null:0-9.9
- Mining Method: open\_pit

#### QA/QC

- Laboratory: American Assay Laboratories \(AAL\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: 2.40 g/t Au is noted as being substantially higher than anticipated for this historic low-grade stockpile.

- Positive factor: Grade higher than anticipated for stockpile

Evidence · text

> 9.9m Grading 2.40 g/t Au and 50.7 g/t Ag

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-9-9m-grading-2-40-g-t-au-and-50-7-g-t-ag-in-santa-fe-mine-stockp--3dfe1c47-e900-438c-bba8-98d961d0bcda#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: Nevada
- Ticker: LG

#### Geometry

- Grade: 50.7
- Grade Unit: g/t
- Intercept: 9.9 m
- True Width: 9.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: null:0-9.9
- Mining Method: open\_pit

#### QA/QC

- Laboratory: American Assay Laboratories \(AAL\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Silver grade accompanies high gold grade in a confirmed mineralized stockpile.

- Positive factor: Confirms silver mineralization in stockpile

Evidence · text

> 9.9m Grading 2.40 g/t Au and 50.7 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.