Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) reported additional analytical results from its 2025 maiden drilling program at the West Santa Fe project in Nevada's Walker Lane, including 48.8 meters grading 0.83 g/t Au Eq in hole WSF25-02R and 45.7 meters grading 0.64 g/t Au Eq in hole WSF25-05R, with mineralization beginning at surface. The results confirm a 500-by-350-meter surface expression of gold and silver mineralization with thicknesses ranging from approximately 35 to nearly 60 meters, underscoring the oxide mineralization geometry that may support potential low strip ratio open pit mining.
These results are significant as they expand the known mineralization at West Santa Fe, which is located adjacent to Lahontan's flagship Santa Fe Mine project. The Santa Fe Mine project has a past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. According to a NI 43-101 compliant technical report, the Santa Fe Mine has an Indicated Mineral Resource of 1,539,000 oz Au Eq (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag), all pit constrained.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds four top-tier gold and silver exploration properties in the Walker Lane of Nevada. The company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025. The technical content of this news release has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined by NI 43-101.
The company awaits final results from the 2025 program and advances planning for follow-up drilling. For more information, visit the company's website at www.lahontangoldcorp.com. The full press release is available at https://ibn.fm/ryCUP.
