# Lahontan Gold Secures BLM Approval for Expanded Exploration at Santa Fe Mine Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lahontan-gold-secures-blm-approval-for-expanded-exploration-at-santa-fe-mine-pro--b75fafab-a7e4-4263-b588-c35810d6a2dc Original source: https://www.theassay.com/news/lahontan-gold-secures-blm-approval-for-expanded-exploration-at-santa-fe-mine-project/ Publisher: assay Original announcement: 2025-11-14T01:57:24.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T16:58:29.812Z Atlas analysis updated: 2026-09-30T16:58:29.812Z - Company: Lahontan Gold Corp. - Ticker: LG - Exchange: TSXV - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Permitting - Extracted: 2026-09-30 16:58:30 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Lahontan Gold Corp. has received BLM approval for an expanded Exploration Plan of Operations at its Santa Fe Mine Project in Nevada. The approval increases the permitted exploration area to 12.2 km², allowing for over 700 drill holes to target new zones and historical heap leach pads. Reasoning: The approval of the Exploration Plan of Operations \(EPOO\) removes a major constraint on the company's ability to explore its flagship project, significantly increasing the potential for new discoveries. - Positive factor: Major regulatory milestone with BLM approval - Positive factor: Significant expansion of permitted exploration area from 5 acres to 12.2 km² - Positive factor: Authorization for over 700 drill holes - Positive factor: Enables step-out drilling and testing of historical heap leach pads Facts used in scoring: 2 ## Classification and evidence **Permitting Milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company received BLM approval for an expanded Exploration Plan of Operations \(EPOO\). Evidence · text > has received a major regulatory milestone with the U.S. Bureau of Land Management \(BLM\) publishing its Decision Record ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-gold-secures-blm-approval-for-expanded-exploration-at-santa-fe-mine-pro--b75fafab-a7e4-4263-b588-c35810d6a2dc#fact-resource-facts-0) Santa Fe Mine Project · gold #### Identity - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:0d6131fc0de3b42d48a2 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 48390000 - Contained Metal: 1539000 - Contained Unit: oz #### Metal Equivalent - Metal Eq. Grade: 0.99 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-14T00:00:00.000Z Reasoning: Existing indicated resource component of the project. Evidence · text > Indicated: 1,539,000 oz AuEq \(48.39 Mt grading 0.99 g/t AuEq\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-gold-secures-blm-approval-for-expanded-exploration-at-santa-fe-mine-pro--b75fafab-a7e4-4263-b588-c35810d6a2dc#fact-resource-facts-1) Santa Fe Mine Project · gold #### Identity - Project: Santa Fe Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: LG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:65c3d3008d2c9b3b190e - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 16760000 - Contained Metal: 411000 - Contained Unit: oz #### Metal Equivalent - Metal Eq. Grade: 0.76 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-14T00:00:00.000Z Reasoning: Existing inferred resource component of the project. Evidence · text > Inferred: 411,000 oz AuEq \(16.76 Mt grading 0.76 g/t AuEq\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.