Lahontan Gold Corp. (TSXV: LG | OTCQB: LGCXF | FSE: Y2F) has released the first assay results from its 2025 maiden drilling programme at the West Santa Fe Project, located 13km from the company’s flagship Santa Fe Mine Project in Nevada’s Walker Lane. The initial reverse‑circulation hole, WSF25‑06R, returned 54.9m grading 1.00 g/t AuEq from 24.4m, including 16.8m at 1.75 g/t AuEq from 27.4m. Lahontan noted the intercept begins at a true depth of only 19m due to the ‑50° drill angle, confirming thick, shallow oxide mineralisation.
The company highlighted the silver‑rich nature of the system, with individual intervals returning up to 176 g/t Ag over 1.52m. Additional assay results from the remaining five holes in the 593m programme are expected shortly. West Santa Fe contains a substantial historical data set, with records from 171 drill holes totalling more than 13,000m completed primarily between 1980 and 1985. Lahontan said validating this legacy information is an important step toward future Mineral Resource Estimates.
Kimberly Ann, executive chair, president, CEO, and founder of Lahontan Gold, commented, “The first assay results from our maiden RC drilling campaign at West Santa Fe are particularly encouraging as the intervals drilled correspond to gold and silver mineralised zones identified in historic drilling. Our database contains information on 171 drill holes totalling over 13,000 metres, validating this database for use in future Mineral Resource Estimates is an important step in advancing West Santa Fe. Its proximity to the Santa Fe Mine makes the project an important part of the Company’s strategy to grow gold and silver mineral resources that could potentially be exploited utilising future mineral processing infrastructure at Santa Fe.”
Historical metallurgical testing conducted in 1982 suggested potential heap‑leach recoveries of 70% for gold and 50% for silver. However, these results are considered historical and unverified under modern standards, and Lahontan expects further metallurgical testwork will be required. The company noted that mineralisation is hosted within limestone of the Triassic Pamlico Formation and displays iron oxides, minor veining, and structural controls similar to the deposits at the Santa Fe Mine.
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