# Lahontan Drills High Grade Oxide Gold from the Surface at West Santa Fe: 37m Grading 3.11 g/t Au Eq Including 11m Grading 5.75 g/t Au Eq

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad--53dada6a-6a51-4efe-93e3-aa909ea1f5bc

Original source: https://money.tmx.com/en/quote/LG/news/7744442532561613/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad

Publisher: tmx

Original announcement: 2026-02-24T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Lahontan Gold Corp.

- Ticker: LG

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-08-25 18:47:18 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Lahontan Gold Corp. has announced successful maiden RC drilling results at its West Santa Fe project in Nevada. The drilling confirmed high-grade oxide gold and silver mineralization, including an intercept of 36.6m at 3.11 g/t Au Eq, validating historic data and supporting potential for open-pit heap-leach mining.

Reasoning: Maiden RC drilling at West Santa Fe returned strong gold-equivalent grades that validate historic mineralization and confirm a high-grade core.

- Positive factor: High-grade gold and silver intercepts from maiden RC drilling

- Positive factor: Intercepts correlate with historic high-grade zones

- Positive factor: QA/QC protocols clearly disclosed

- Positive factor: Potential for low-cost open pit and heap leach mining

- Negative factor: True width is only estimated \(75-90% of drilled interval\)

Facts used in scoring: 5

## 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, standards, and duplicates, and names American Assay Laboratories.

Evidence · text

> Lahontan conducts an industry standard QA/QC program for its core and RC drilling programs.

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The 1.52m intercept at 4.48 g/t Au and 648 g/t Ag represents a high-grade zone.

Evidence · text

> Individual intercepts range up to 12.04 g/t Au Eq \(1.52m, 27.43 – 28.96m, 4.48 g/t Au, 648 g/t Ag\).

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### WSF25-04R

[Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad--53dada6a-6a51-4efe-93e3-aa909ea1f5bc#fact-drill-facts-0)

West Santa Fe · gold

#### Identity

- Hole ID: WSF25-04R
- Project: West Santa Fe
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Geometry

- Grade: 3.11
- Grade Unit: g/t Au Eq
- Intercept: 36.6 m
- From: 0 m
- To: 36.6 m

#### Classification

- Sample Type: drill
- Group ID: WSF25-04R:0.0-36.6
- 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: 2026-02-24T00:00:00.000Z

Reasoning: 36.6m at 3.11 g/t Au Eq is a robust maiden intercept.

- Positive factor: Strong grade and width for maiden RC drilling

Evidence · text

> WSF25-04R: 36.6 metres \(0.0 – 36.6m\) grading 3.11 g/t Au Eq

### WSF25-04R

[Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad--53dada6a-6a51-4efe-93e3-aa909ea1f5bc#fact-drill-facts-1)

West Santa Fe · gold

#### Identity

- Hole ID: WSF25-04R
- Project: West Santa Fe
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Geometry

- Grade: 5.75
- Grade Unit: g/t Au Eq
- Intercept: 10.7 m
- From: 1.5 m
- To: 12.2 m

#### Classification

- Sample Type: drill
- Group ID: WSF25-04R:1.5-12.2
- 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: 2026-02-24T00:00:00.000Z

Reasoning: High-grade intercept within the main hole.

- Positive factor: High-grade sub-interval

Evidence · text

> 10.7 metres \(1.5 – 12.2m\) grading 5.75 g/t Au Eq

### WSF25-04R

[Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad--53dada6a-6a51-4efe-93e3-aa909ea1f5bc#fact-drill-facts-2)

West Santa Fe · gold

#### Identity

- Hole ID: WSF25-04R
- Project: West Santa Fe
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Geometry

- Grade: 3.67
- Grade Unit: g/t Au Eq
- Intercept: 12.2 m
- From: 22.9 m
- To: 35.1 m

#### Classification

- Sample Type: drill
- Group ID: WSF25-04R:22.9-35.1
- 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: 2026-02-24T00:00:00.000Z

Reasoning: Significant secondary intercept.

- Positive factor: Secondary high-grade zone

Evidence · text

> 12.2m \(22.9 – 35.1m\) grading 3.67 g/t Au Eq

### WSF25-04R

[Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad--53dada6a-6a51-4efe-93e3-aa909ea1f5bc#fact-drill-facts-3)

West Santa Fe · gold

#### Identity

- Hole ID: WSF25-04R
- Project: West Santa Fe
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Geometry

- Grade: 4.48
- Grade Unit: g/t Au
- Intercept: 1.52 m
- From: 27.43 m
- To: 28.96 m

#### Classification

- Sample Type: drill
- Group ID: WSF25-04R:27.43-28.96
- 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: 2026-02-24T00:00:00.000Z

Reasoning: High grade but narrow interval.

- Positive factor: High grade intercept

Evidence · text

> 12.04 g/t Au Eq \(1.52m, 27.43 – 28.96m, 4.48 g/t Au, 648 g/t Ag\)

### WSF25-04R

[Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-drills-high-grade-oxide-gold-from-the-surface-at-west-santa-fe-37m-grad--53dada6a-6a51-4efe-93e3-aa909ea1f5bc#fact-drill-facts-4)

West Santa Fe · silver

#### Identity

- Hole ID: WSF25-04R
- Project: West Santa Fe
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: LG

#### Geometry

- Grade: 648
- Grade Unit: g/t Ag
- Intercept: 1.52 m
- From: 27.43 m
- To: 28.96 m

#### Classification

- Sample Type: drill
- Group ID: WSF25-04R:27.43-28.96
- 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: 2026-02-24T00:00:00.000Z

Reasoning: High silver grade in a narrow interval.

- Positive factor: High silver grade

Evidence · text

> 12.04 g/t Au Eq \(1.52m, 27.43 – 28.96m, 4.48 g/t Au, 648 g/t Ag\)

## 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.