Lahontan Gold Reports Positive Drill Results from Santa Fe Mine Project in Nevada
TL;DR
Lahontan Gold's drilling results confirm resource expansion potential at Santa Fe Mine, offering investors early advantage in a growing Nevada gold project.
Lahontan completed seven reverse-circulation drill holes totaling 1,210 meters, validating their geologic model and expanding oxide gold zones at Santa Fe Mine.
Lahontan's exploration advances responsible mineral development, supporting economic growth and sustainable resource management in Nevada's mining communities.
Lahontan discovered 89.9 meters grading 0.23 g/t gold at York zone, revealing exciting new mineralization open along strike and down-dip.
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Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has reported results from its 2025 Phase One drilling program at the Santa Fe Mine Project in Nevada, completing seven reverse-circulation drill holes totaling 1,210 meters. The program yielded significant intercepts, including 89.9 meters grading 0.23 g/t Au and 18.3 meters grading 0.73 g/t Au at the York zone, with mineralization remaining open along strike and down-dip. Additionally, the Slab zone returned 39.6 meters grading 0.30 g/t Au, confirming a new target for resource expansion.
These results validate Lahontan's geologic model and expand oxide gold zones, underscoring the growth potential of the recently acquired York claims. The Santa Fe Mine project, which spans 26.4 km², has a history of past production totaling 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines using heap-leach processing. The project currently holds a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq, all pit constrained.
The technical content of the news release was reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101. Additional drilling at the York and Slab zones is planned for later this year as the company continues to advance the Santa Fe Mine project towards production. For more information, please visit https://www.lahontangoldcorp.com.
The full press release can be viewed at https://ibn.fm/mnQzB. The latest news and updates relating to LGCXF are available in the company's newsroom at http://ibn.fm/LGCXF. These developments highlight the ongoing potential for resource expansion and future production at one of Nevada's significant gold properties, contributing to the broader mining sector's growth and stability.
Curated from InvestorBrandNetwork (IBN)
