Lahontan Drills 91m Grading 0.43 g/t Au Oxide at Calvada, Discovers New Gold Zone at Slab West
Original announcement by tmx on
- Company
- Lahontan Gold Corp.
- Ticker
- LG
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-08-25 18:33:48 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold Corp. has announced significant drill results from its Santa Fe Mine Project in Nevada, including the discovery of a new gold mineralization zone at Slab West. Additionally, geotechnical diamond drilling at Calvada intercepted thick oxide gold mineralization below the current pit shell.
Reasoning: The announcement reports a new discovery (Slab West) and significant intercepts in geotechnical drilling (Calvada), both of which expand the project's potential.
Positive factors
- Discovery of new gold zone at Slab West
- Significant gold mineralization intercepted in geotechnical holes
- QA/QC protocols clearly disclosed
- High-grade sub-interval reported at Calvada
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The Slab West discovery represents a previously unrecognized zone west of the existing Slab resource.
Evidence · text
“discovered a previously unrecognized zone of gold mineralization located west of the Slab open pit”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release provides 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.”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
CAL26-02CSanta Fe Mine Project · goldGrade: 0.44Grade Unit: g/t Au EqIntercept: 90.8 mView all detailsHide details
Identity
- Hole ID
- CAL26-02C
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.44
- Grade Unit
- g/t Au Eq
- Intercept
- 90.8 m
- From
- 194.2 m
- To
- 285 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-02C:194.2-285.0
- 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, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-09T00:00:00.000Z
Reasoning: Thick oxide intercept below the current resource pit shell provides confidence in resource extension.
Positive factors
- Intercepts below current pit shell
Evidence · text
“CAL26-02C... cut 90.8 metres (194.2 – 285.0 m) grading 0.44 g/t Au Eq oxide near the bottom and below the current resource pit shell”
CAL26-02CSanta Fe Mine Project · goldGrade: 1.22Grade Unit: g/t Au EqIntercept: 12.3 mView all detailsHide details
Identity
- Hole ID
- CAL26-02C
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 1.22
- Grade Unit
- g/t Au Eq
- Intercept
- 12.3 m
- From
- 212.4 m
- To
- 223.7 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-02C:212.4-223.7
- 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, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-09T00:00:00.000Z
Reasoning: A high-grade sub-interval within a larger geotechnical intercept.
Positive factors
- High-grade sub-interval
Evidence · text
“includes a 12.3 metre interval (212.4 -223.7 m) of high-grade material: 1.22 g/t Au Eq”
CAL26-03RSanta Fe Mine Project · goldGrade: 0.34Grade Unit: g/t Au EqIntercept: 35 mView all detailsHide details
Identity
- Hole ID
- CAL26-03R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.34
- Grade Unit
- g/t Au Eq
- Intercept
- 35 m
- From
- 164.6 m
- To
- 199.6 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-03R:164.6-199.6
- 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, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-09T00:00:00.000Z
Reasoning: Part of a new, previously unrecognized gold zone discovery.
Positive factors
- New discovery zone
Evidence · text
“35.0 metres grading 0.34 g/t Au Eq (CAL26-03R; 164.6 – 199.6 m)”
CAL26-01RSanta Fe Mine Project · goldGrade: 0.26Grade Unit: g/t Au EqIntercept: 61 mView all detailsHide details
Identity
- Hole ID
- CAL26-01R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.26
- Grade Unit
- g/t Au Eq
- Intercept
- 61 m
- From
- 184.4 m
- To
- 245.4 m
Classification
- Sample Type
- drill
- Group ID
- CAL26-01R:184.4-245.4
- 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, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-09T00:00:00.000Z
Reasoning: Part of a new, previously unrecognized gold zone discovery.
Positive factors
- New discovery zone
Evidence · text
“61.0 metres grading 0.26 g/t Au Eq (CAL26-01R; 184.4 – 245.4 m)”
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.