Announcement Date: 2022-08-02
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Lahontan Gold Corp.
Project name: Santa Fe
Location: United States
Commodities: Gold,Silver
Highlight: Drilling results incl. 138.6m @ 1.01g/t Au, 3.4g/t Ag from 137.2m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario – August 2, 2022 – Lahontan Gold Corp. (TSX.V: LG, OTCQB: LGCXF) (the “Company” or “Lahontan”) is pleased to announce drill results from ten reverse-circulation rotary (“RC”) drill holes exploring the Santa Fe pit area of the Company’s 19 km2 Santa Fe Project in Nevada’s Walker Lane. Eight drill holes, totaling 2,614 metres, are the final RC holes from the 2021 drilling campaign. These drill holes targeted down-dip plus northwest and southeast step outs from known gold and silver mineralization along the Santa Fe fault. Highlights include Central Santa Fe Pit Drill Holes: As noted above, RC drill holes, SF21-007R, -008R, -015R through -18R targeted expanding potential resources in the central portion of the Santa Fe pit by stepping out into the pit high-wall. While SF21-008R was lost above the intended target, previously reported drill hole -007R intercepted what may be the edge of more high-grade mineralization: 1.5m grading 3.50 gpt Au and 61.9 gpt Ag (4.33 gpt Au Eq, 240.8 – 242.3m). Drill holes SF21-015R and -016R successfully expanded the
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