Curated News
By: NewsRamp Editorial Staff
October 27, 2026
Lahontan Gold Closes 13,334 Meters of Drilling in Nevada
TLDR
- Lahontan Gold's 13,334-meter drill program at Santa Fe and West Santa Fe positions it to expand resources and advance toward production in Nevada's Walker Lane.
- Lahontan Gold completed 13,334 meters of drilling year to date, including 11,565 meters at Santa Fe and 1,769 meters at West Santa Fe, with assay results pending.
- Lahontan Gold's exploration in Nevada supports responsible resource development, potentially creating jobs and contributing to the local economy and future gold supply.
- Lahontan Gold's drilling highlights include 90.8 meters grading 0.43 g/t gold at Calvada Central and a new discovery at Slab West with 35 meters grading 0.29 g/t gold.
Impact - Why it Matters
This news matters because it demonstrates Lahontan Gold’s aggressive exploration pace and potential to expand resources at both Santa Fe and West Santa Fe. The high-grade intercepts at Calvada Central and the new Slab West discovery suggest upside to the existing resource, while pending assays could provide further catalysts. For investors, the completion of drilling and upcoming results are key milestones that could de-risk the project and support the company’s path toward production and updated economic studies. Nevada’s prolific Walker Lane trend hosts several major gold mines, and Lahontan’s contiguous land package and past-producing Santa Fe Mine position it as a notable explorer in a tier-one jurisdiction.
Summary
Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has completed 13,334 meters of drilling year to date at its Santa Fe Mine and West Santa Fe projects in Nevada’s Walker Lane. At the flagship Santa Fe Mine, the company finished 11,565 meters across diamond core, sonic core, and reverse-circulation (RC) drilling programs. Key intercepts include 90.8 meters grading 0.43 g/t gold at Calvada Central, 9.9 meters grading 2.40 g/t gold and 50.7 g/t silver in the Low-Grade Stockpile, and 35 meters grading 0.29 g/t gold and 4.5 g/t silver at the newly discovered Slab West mineralized zone. Assay results are pending for 85 sonic core holes and 17 RC holes.
At West Santa Fe, Lahontan has completed nine of 19 planned RC drill holes, totaling 1,769 meters of a planned 3,275-meter program designed to evaluate resources and explore extensions of known gold and silver mineralization. All samples have been submitted for analysis, with results delayed by elevated exploration activity in Nevada. The company expects additional assay results in the coming months and plans to return its RC drill rig to Santa Fe following completion of the West Santa Fe program. Founder, Chair, CEO and President Kimberly Ann said results from the historic heap leach pads, Slab West discovery, and West Santa Fe will be important as Lahontan advances its projects into 2027.
Lahontan Gold is a Canadian mine development and mineral exploration company holding four top-tier gold and silver properties in the Walker Lane of mining-friendly Nevada. The Santa Fe Mine project had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 and has a current NI 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq. The company plans to continue advancing Santa Fe towards production, update the Preliminary Economic Assessment, and drill test West Santa Fe during 2025. For more information, visit www.lahontangoldcorp.com.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Closes 13,334 Meters of Drilling in Nevada
