Announcement Date: 2022-09-26
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. 25.9m at 2.55g/t Au, 3.4g/t Ag from 68.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario – September 26, 2022 – Lahontan Gold Corp. (TSX.V: LG, OTCQB: LGCXF) (the “Company” or “Lahontan”) is pleased to announce results from the first seven reverse-circulation rotary (“RC”) drill holes of the Company’s Phase Two drilling campaign exploring the Slab-Calvada pit area of the Company’s 19 km2 Santa Fe Project in Nevada’s Walker Lane. The seven drill holes, totaling 1,710 metres, targeted down-dip extensions of oxidized gold and silver mineralization along the Calvada fault and northerly step-out drilling from the Slab pit. Historic drilling in both areas had outlined significant potential oxide and transition domain resources. Highlights include 25.9 metres grading 2.55 gpt Au and 3.4 gpt Ag (2.60 gpt Au Eq) of oxide and transition metallurgical domain mineralization in drill hole CAL22-006R. This is the farthest north step-out drill hole from the Slab pit, with gold mineralization starting at a depth of only 68.6 metres downhole (please see map and table below).
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