Lahontan Intersects 12.2m at 1.25g/t Gold Oxide at Calvada East
Original announcement by assay 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 18:50:28 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lahontan Gold Corp. reported RC drill results from the Santa Fe Mine Project in Nevada, highlighting new oxide gold-silver mineralization at Calvada East. Notably, the results in CAL26-11R represent the first significant gold intercepts in Tertiary volcanic rocks at the project, defining a new exploration target along the Summit Fault.
Reasoning: The results identify a new exploration target in a previously untested geological unit (Tertiary volcanic rocks) and show continuity of oxide mineralization at Slab West.
Positive factors
- new exploration target identified
- mineralization in previously untested Tertiary volcanic rocks
- broad oxide mineralization at Slab West
Facts used in scoring: 7
Classification and evidence
coal · Story-specific tag
No canonical definition is currently available.
coking coal · Story-specific tag
No canonical definition is currently available.
gold mining · Story-specific tag
No canonical definition is currently available.
mongolia · Story-specific tag
No canonical definition is currently available.
mongolian mining corporation profit alert · Story-specific tag
No canonical definition is currently available.
Extracted facts
Stored fact records: 7. Some facts used in scoring do not have a stored record.
Drill Results (7)
CAL26-12RSanta Fe Mine Project · goldGrade: 1.25Grade Unit: g/tIntercept: 12.2 mView all detailsHide details
Identity
- Hole ID
- CAL26-12R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 12.2 m
- From
- 166.1 m
- To
- 178.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CAL26-12R:166.1-178.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: Moderate grade intercept near the existing resource boundary.
Positive factors
- near base of current pit shell
Evidence · text
“CAL26-12R intersected 12.2m grading 1.26g/t AuEq (1.25g/t gold and 0.8g/t silver) from 166.1m to 178.3m”
CAL26-12RSanta Fe Mine Project · silverGrade: 0.8Grade Unit: g/tIntercept: 12.2 mView all detailsHide details
Identity
- Hole ID
- CAL26-12R
- Project
- Santa Fe Mine Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 12.2 m
- From
- 166.1 m
- To
- 178.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CAL26-12R:166.1-178.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: Trace silver byproduct.
Evidence · text
“1.26g/t AuEq (1.25g/t gold and 0.8g/t silver)”
CAL26-12RSanta Fe Mine Project · goldGrade: 3.29Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- CAL26-12R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 3.29
- Grade Unit
- g/t
- Intercept
- 1.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CAL26-12R:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: High grade sub-interval within the main intercept.
Positive factors
- higher grade sub-interval
Evidence · text
“included individual 1.5m samples grading up to 3.29g/t gold”
CAL26-11RSanta Fe Mine Project · goldGrade: 1.01Grade Unit: g/tIntercept: 13.7 mView all detailsHide details
Identity
- Hole ID
- CAL26-11R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 1.01
- Grade Unit
- g/t
- Intercept
- 13.7 m
- From
- 176.8 m
- To
- 190.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CAL26-11R:176.8-190.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: Significant because it's the first gold intercept in this specific geological unit.
Positive factors
- new exploration target in Tertiary volcanic rocks
Evidence · text
“CAL26-11R, returned 13.7m grading 1.10g/t AuEq (1.01g/t gold and 7.1g/t silver) from 176.8m to 190.5m”
CAL26-11RSanta Fe Mine Project · silverGrade: 7.1Grade Unit: g/tIntercept: 13.7 mView all detailsHide details
Identity
- Hole ID
- CAL26-11R
- Project
- Santa Fe Mine Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 7.1
- Grade Unit
- g/t
- Intercept
- 13.7 m
- From
- 176.8 m
- To
- 190.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CAL26-11R:176.8-190.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: Silver byproduct in a significant new target.
Evidence · text
“1.10g/t AuEq (1.01g/t gold and 7.1g/t silver)”
CAL26-13RSanta Fe Mine Project · goldGrade: 0.21Grade Unit: g/tIntercept: 35.1 mView all detailsHide details
Identity
- Hole ID
- CAL26-13R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.21
- Grade Unit
- g/t
- Intercept
- 35.1 m
- From
- 57.9 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: Wide interval of low-grade oxide mineralization.
Positive factors
- broad interval
Negative factors
- low grade
Evidence · text
“CAL26-13R intersected 35.1m grading 0.21g/t AuEq from 57.9m”
CAL26-15RSanta Fe Mine Project · goldGrade: 0.22Grade Unit: g/tIntercept: 18.3 mView all detailsHide details
Identity
- Hole ID
- CAL26-15R
- Project
- Santa Fe Mine Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LG
Geometry
- Grade
- 0.22
- Grade Unit
- g/t
- Intercept
- 18.3 m
- From
- 144.8 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: Wide interval of low-grade oxide mineralization.
Positive factors
- broad interval
Negative factors
- low grade
Evidence · text
“CAL26-15R returned 18.3m grading 0.22g/t AuEq from 144.8m”
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.