Curated News
By: NewsRamp Editorial Staff
January 27, 2026

Lahontan Gold Reports Expanded Mineralization at Santa Fe Mine

TLDR

  • Lahontan Gold's new drilling results expand mineralization beyond current estimates, potentially increasing resource value and enhancing investment opportunities in Nevada's Santa Fe Mine.
  • Lahontan Gold's 2025 Phase Two drilling at Santa Fe Mine yielded 68.6m at 0.45 g/t AuEq and 41.2m at 0.32 g/t AuEq, extending mineralization south, west, and deeper.
  • Lahontan Gold's expanded resource discovery supports sustainable mining development in Nevada, potentially creating local jobs and responsibly extracting valuable minerals for global needs.
  • Lahontan Gold found new gold and silver mineralization extending beyond known limits at its Nevada Santa Fe Mine, using reverse-circulation drilling to uncover hidden mineral wealth.

Impact - Why it Matters

This news matters because it demonstrates tangible progress in expanding a known gold and silver resource in one of the world's most mining-friendly jurisdictions, Nevada. For investors, these results de-risk the project by confirming mineralization extends beyond current resource boundaries, potentially increasing the project's economic viability and lifespan. In the broader context of global gold supply and increasing demand for precious metals as inflation hedges, successful exploration and development in established districts like Walker Lane are crucial for maintaining production pipelines. The advancement of the Santa Fe project toward an updated economic assessment and permitting also signals potential future job creation and economic activity in the region, while providing market participants with concrete data points to assess the company's growth trajectory.

Summary

Lahontan Gold Corp. (TSX.V: LG, OTCQB: LGCXF), a Canadian mine development and exploration company, has announced promising new assay results from its 2025 Phase Two reverse-circulation drilling program at the flagship Santa Fe Mine Project in Nevada's prolific Walker Lane region. The results, which highlight expanded oxide gold and silver mineralization at the Slab pit area beyond the current mineral resource estimate pit shell, include significant intercepts such as 68.6 meters grading 0.45 g/t gold equivalent and 41.2 meters grading 0.32 g/t gold equivalent. These findings extend shallow mineralization to the south, west, and at depth, providing strong support for the company's plans to update both the mineral resource estimate and the preliminary economic assessment later this year while advancing permitting efforts.

The Santa Fe Mine project, covering 26.4 km², has a substantial history with past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. It currently boasts 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 this news release has been reviewed and approved by Michael Lindholm, CPG, an Independent Consulting Geologist and Qualified Person as defined by NI 43-101. For more detailed information, investors and interested parties are encouraged to visit the company's website at www.lahontangoldcorp.com or view the full press release via the provided link.

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Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Reports Expanded Mineralization at Santa Fe Mine

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