# Lahontan Intersects 12.2m at 1.25g/t Gold Oxide at Calvada East Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0 Original source: https://www.theassay.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east/ Publisher: assay Original announcement: 2026-08-06T00:00:00.000Z 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 18:50:28 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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 factor: new exploration target identified - Positive factor: mineralization in previously untested Tertiary volcanic rocks - Positive factor: broad oxide mineralization at Slab West Facts used in scoring: 7 ## Classification and evidence **coal** Story-specific tag Definition: No canonical definition is currently available. **coking coal** Story-specific tag Definition: No canonical definition is currently available. **gold mining** Story-specific tag Definition: No canonical definition is currently available. **mongolia** Story-specific tag Definition: No canonical definition is currently available. **mongolian mining corporation profit alert** Story-specific tag Definition: 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) ### CAL26-12R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-0) Santa Fe Mine Project · gold #### 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 factor: 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 ### CAL26-12R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-1) Santa Fe Mine Project · silver #### 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 \(1.25g/t gold and 0.8g/t silver\) ### CAL26-12R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-2) Santa Fe Mine Project · gold #### 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 factor: higher grade sub-interval Evidence · text > included individual 1.5m samples grading up to 3.29g/t gold ### CAL26-11R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-3) Santa Fe Mine Project · gold #### 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 factor: 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 ### CAL26-11R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-4) Santa Fe Mine Project · silver #### 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 \(1.01g/t gold and 7.1g/t silver\) ### CAL26-13R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-5) Santa Fe Mine Project · gold #### 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 factor: broad interval - Negative factor: low grade Evidence · text > CAL26-13R intersected 35.1m grading 0.21g/t AuEq from 57.9m ### CAL26-15R [Link to this fact](https://atlas-staging.minestarters.com/news/lahontan-intersects-12-2m-at-1-25g-t-gold-oxide-at-calvada-east--5d731570-4709-4d56-947a-cdd3b9d73ba0#fact-drill-facts-6) Santa Fe Mine Project · gold #### 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 factor: broad interval - Negative factor: 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.