Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has announced results from its 2025 Phase One drilling program at the Santa Fe Mine Project in Nevada, completing seven reverse-circulation drill holes totaling 1,210 meters. The drilling highlights include 89.9 meters grading 0.23 g/t Au and 18.3 meters grading 0.73 g/t Au at the York zone, with mineralization open along strike and down-dip, as well as 39.6 meters grading 0.30 g/t Au at the Slab zone, confirming a new target for resource expansion.
The results validate Lahontan's geologic model, expand oxide gold zones, and underscore the growth potential of the recently acquired York claims. Additional drilling at York and Slab is planned for later this year. The Santa Fe Mine project holds 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 this news release has been 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 information, the full press release is available at https://ibn.fm/mnQzB. The latest news and updates relating to LGCXF are available in the company's newsroom at http://ibn.fm/LGCXF. The company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.
