Curated News
By: NewsRamp Editorial Staff
February 18, 2026

Lahontan Gold Reports High-Grade Drill Results at Nevada's West Santa Fe

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Original Source

TLDR

  • Lahontan Gold's new drilling results reveal high-grade gold and silver mineralization at surface, offering investors early entry into a potentially low-cost open pit mining opportunity in Nevada.
  • Lahontan Gold's 2025 drilling program at West Santa Fe confirmed a 500-by-350-meter mineralized zone with thicknesses of 35-60 meters, supporting potential open pit mining with low strip ratios.
  • Lahontan Gold's exploration advances responsible mineral development in Nevada, potentially creating local jobs and contributing to sustainable resource extraction through efficient open pit mining methods.
  • Lahontan Gold discovered gold and silver mineralization starting right at the surface in Nevada, with drill holes showing nearly 50 meters of continuous mineralization in some areas.

Impact - Why it Matters

This news is significant for investors and the mining sector as it demonstrates tangible progress in expanding a known gold resource in a premier mining jurisdiction. Nevada's Walker Lane is world-renowned for its mineral wealth, and successful exploration here can significantly increase a company's asset value and attract development capital. For Lahontan Gold, confirming a large, near-surface oxide gold system with potential for low-cost open-pit mining de-risks the project and enhances its economic profile. Positive drill results often precede updated resource estimates and feasibility studies, which are critical milestones for advancing a project toward production and creating shareholder value. In the broader context, new discoveries and resource expansions in stable jurisdictions like Nevada are essential for replenishing the global gold supply pipeline, supporting the mining industry's long-term sustainability and contributing to commodity markets.

Summary

Lahontan Gold Corp. (TSXV: LG, OTCQB: LGCXF), a Canadian mine development and mineral exploration company, has announced promising new drill results from its 2025 maiden drilling program at the West Santa Fe project in Nevada's Walker Lane region. The results, which include 48.8 meters grading 0.83 g/t gold equivalent (Au Eq) in hole WSF25-02R and 45.7 meters grading 0.64 g/t Au Eq in hole WSF25-05R, confirm a significant 500-by-350-meter surface expression of gold and silver mineralization. Notably, this mineralization begins at surface and remains open to the north and west, with thicknesses ranging from approximately 35 to nearly 60 meters. Management highlights that the oxide mineralization geometry may support potential low strip ratio open pit mining, a key factor for economic viability. The company is now awaiting final results from the 2025 program and is advancing planning for follow-up drilling to further define the resource.

The company's flagship asset is the 26.4 km² Santa Fe Mine project, which has a history of past production totaling 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. It currently boasts a substantial 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. Lahontan Gold's corporate strategy involves continuing to advance the Santa Fe Mine project towards production, updating its Preliminary Economic Assessment, and drill testing the satellite West Santa Fe project throughout 2025. The technical content of this news release was reviewed and approved by Qualified Person Michael Lindholm, CPG, an Independent Consulting Geologist to the company. For more detailed information, investors are directed to the full press release and the company's website, www.lahontangoldcorp.com.

This news was disseminated via the Rocks & Stocks communications platform, which is part of the Dynamic Brand Portfolio at IBN (InvestorBrandNetwork). Rocks & Stocks is a specialized platform delivering deep insights into the mining industry and is one of over 75 brands within IBN's network, which provides extensive distribution services including wire solutions, article syndication to over 5,000 outlets, press release enhancement, and social media distribution to millions of followers. This infrastructure ensures that news from companies like Lahontan Gold Corp. reaches a wide audience of investors, influencers, and the general public, cutting through market information overload to provide unparalleled recognition and brand awareness. For ongoing updates, investors can access the latest news relating to LGCXF in the company's newsroom or visit the Rocks & Stocks website for more information and disclaimers.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Reports High-Grade Drill Results at Nevada's West Santa Fe

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