Curated News
By: NewsRamp Editorial Staff
February 20, 2026

Lahontan Gold Reports Promising Drilling Results, Advances Santa Fe Project Economics

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Original Source

TLDR

  • Lahontan Gold's initial drilling assays validate historical data, offering investors a strategic advantage in resource estimation and potential project economics.
  • Lahontan Gold uses reverse-circulation drilling at West Santa Fe and has retained RESPEC and Kappes, Cassiday & Associates to update the technical report.
  • Lahontan Gold's resource growth and economic assessments could contribute to sustainable mining development and local economic opportunities.
  • Lahontan Gold's maiden drilling at West Santa Fe reveals shallow oxide success, supporting potential resource expansion near the Santa Fe Mine.

Impact - Why it Matters

This news matters because it signals tangible progress for Lahontan Gold Corp. in transitioning from an exploration narrative to a viable development strategy, which can directly impact investor confidence and stock valuation. For stakeholders in the mining sector, successful validation of historical data and initiation of updated economic assessments reduce project risk and can attract further investment. In the broader context, advancements in gold projects like Santa Fe contribute to global supply chains, potentially influencing commodity markets and economic stability in resource-dependent regions. The involvement of reputable firms like RESPEC and Kappes, Cassiday & Associates adds credibility, making this a noteworthy development for anyone tracking junior mining companies or gold investment opportunities.

Summary

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has announced significant progress at its Santa Fe project in Nevada, marking a pivotal step from exploration story to development strategy. The company recently reported initial assays from its maiden reverse-circulation drilling at the satellite West Santa Fe project, located approximately 13 kilometers from the main Santa Fe Mine project. These results, including the first of six completed drill holes totaling 593 meters, demonstrate repeatable, shallow oxide gold mineralization, supporting potential resource growth and validating the historical database for future resource estimation work—a key milestone for investors.

Simultaneously, Lahontan has initiated a formal update process for the project's economics by retaining RESPEC Company LLC and Kappes, Cassiday & Associates to update the Santa Fe Mine Project technical report. This will include a revised mineral resource estimate and preliminary economic assessment (PEA), combining new drilling data with a clear path to updated project economics. The news was disseminated by MiningNewsWire, a specialized communications platform within the Dynamic Brand Portfolio of IBN, which provides extensive distribution and corporate communications solutions for the mining sector.

For more detailed information, readers can explore the full coverage on MiningNewsWire, and the latest updates relating to LGCXF are available in the company's newsroom at ibn.fm/LGCXF. This development highlights how Lahontan is leveraging new near-surface results and technical expertise to advance its Santa Fe project, potentially enhancing its value proposition in the competitive gold development space.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Reports Promising Drilling Results, Advances Santa Fe Project Economics

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