Curated News
By: NewsRamp Editorial Staff
February 05, 2026

Lahontan Gold Reports High-Grade Assays at Nevada's West Santa Fe Project

Original Source

TLDR

  • Lahontan Gold's West Santa Fe drilling results confirm high-grade gold-silver mineralization, offering investors early access to a potentially lucrative Nevada mining opportunity.
  • Lahontan Gold's 2025 drilling program at West Santa Fe validated historic data with a 54.9-meter intercept grading 1.00 g/t gold equivalent, confirming shallow oxide mineralization.
  • Lahontan Gold's exploration success in Nevada could contribute to responsible domestic mineral production, supporting economic development in mining communities through sustainable resource extraction.
  • Lahontan Gold discovered silver-rich intercepts up to 176 g/t alongside gold in Nevada, revealing valuable mineralization just meters below the surface at West Santa Fe.

Impact - Why it Matters

This news matters because it demonstrates significant progress in Lahontan Gold's exploration efforts, potentially unlocking substantial mineral resources in a historically productive mining region. For investors, the confirmation of historic drilling results and discovery of shallow, high-grade gold-silver mineralization at West Santa Fe reduces exploration risk and enhances the project's economic viability. The company's strategic location in Nevada's Walker Lane, combined with its existing Santa Fe Mine resources, positions it for potential production growth in a stable mining jurisdiction. Successful development could contribute to North American gold supply, create local employment, and generate shareholder value in a sector where new discoveries are becoming increasingly rare and valuable.

Summary

Lahontan Gold Corp., a Canadian mine development and mineral exploration company trading as Lahontan Gold (TSXV: LG) (OTCQB: LGCXF), has announced promising first assay results from its 2025 maiden reverse-circulation drilling program at the West Santa Fe Project in Nevada's Walker Lane region. The key highlight from hole WSF25-06R includes a shallow, thick intercept of 54.9 metres grading 1.00 g/t gold equivalent, with a higher-grade section of 16.8 metres grading 1.75 g/t gold equivalent. These results, which also feature silver-rich mineralization with individual intercepts up to 176 g/t silver, confirm historic drilling data and support the potential for a shallow, oxidized disseminated gold-silver system at West Santa Fe. The company is advancing this project alongside its flagship Santa Fe Mine Project, which has a substantial compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq.

The technical content was reviewed and approved by Michael Lindholm, CPG, an Independent Consulting Geologist and Qualified Person as defined in National Instrument 43-101. Lahontan Gold Corp. holds four top-tier gold and silver exploration properties in mining-friendly Nevada, with the Santa Fe Mine project having past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. The company plans to continue advancing the Santa Fe Mine project towards production, update its Preliminary Economic Assessment, and drill test the West Santa Fe project during 2025. For more details, investors can visit the company's website or access the full press release through 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 High-Grade Assays at Nevada's West Santa Fe Project

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