Curated News
By: NewsRamp Editorial Staff
January 13, 2026
Lahontan Gold Reports Strong Drilling Results at Santa Fe Mine Project
TLDR
- Lahontan Gold's 2025 drilling results reveal significant gold intercepts that could expand resources and enhance the Santa Fe Mine's economic potential for investors.
- Lahontan Gold drilled six reverse-circulation holes totaling 994 metres, reporting gold intercepts that may support an updated Mineral Resource Estimate later this year.
- Advancing the Santa Fe Mine project could create economic opportunities and responsibly develop resources in Nevada's mining-friendly Walker Lane region.
- Lahontan Gold discovered a broad 114.3-metre gold intercept at its Santa Fe Mine, expanding mineralization beyond current resource boundaries in Nevada.
Impact - Why it Matters
This news matters because it signals potential expansion of gold resources at a historically productive Nevada mine, which could significantly impact Lahontan Gold's valuation and future production plans. For investors, these drilling results suggest the company may be able to increase its mineral resource estimates later this year, potentially enhancing the economic viability of the Santa Fe Mine project. The discovery of both broad and higher-grade intercepts at multiple zones indicates the property may have more mineralization than previously understood, which is crucial for mining companies seeking to extend mine life and improve project economics. In the current economic climate where gold serves as both an industrial commodity and a safe-haven asset, successful exploration results can drive investor interest and share price appreciation. The Nevada location is particularly significant as it's one of the world's most mining-friendly jurisdictions with established infrastructure, reducing development risks compared to projects in less stable regions.
Summary
Lahontan Gold Corp., a Canadian mine development and mineral exploration company, has announced promising initial results from its 2025 Phase Two drilling program at the Santa Fe Mine Project in Nevada's Walker Lane region. The company, trading as Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), reported six reverse-circulation drill holes totaling 994 metres that delivered significant gold intercepts at both the York and Slab zones. Key highlights include a broad intercept of 114.3 metres grading 0.33 g/t gold equivalent at York, with higher-grade mineralization of 18.3 metres grading 0.90 g/t gold equivalent, expanding mineralization north of the current resource pit shell. The results also revealed shallow and deeper oxide gold intercepts at Slab that may support a deeper conceptual pit and additional resources in an updated Mineral Resource Estimate expected later this year.
The Santa Fe Mine project, Lahontan's flagship property 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. The project 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 the news release was reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101. For more detailed information, investors can visit the company's website at www.lahontangoldcorp.com or access the full press release through the provided link.
The news was disseminated through MiningNewsWire, a specialized communications platform within the Dynamic Brand Portfolio of IBN that focuses on developments in the Global Mining and Resources sectors. MiningNewsWire provides comprehensive distribution services including wire solutions via InvestorWire, article syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution, and tailored corporate communications solutions. The platform serves as a convergence point for breaking news, insightful content, and actionable information in the mining industry, helping companies like Lahontan Gold Corp. reach a wide audience of investors, influencers, and the general public.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Reports Strong Drilling Results at Santa Fe Mine Project
