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Lahontan Gold Corp. ( (TSE:LG) ) has provided an announcement.
Lahontan Gold Corp. reported the first assays from its 2025 Phase Two drilling campaign at the Santa Fe Mine Project in Nevada, highlighted by a 114.3-metre intercept grading 0.33 g/t gold equivalent at the York deposit and a 22.9‑metre interval grading 0.42 g/t gold equivalent at the Slab deposit. The shallow, thick gold mineralization at York extends the known gold zone north of the current resource pit shell, while new oxide gold intercepts at Slab both near surface and at depth suggest potential to deepen the conceptual pit and capture additional resources in an upcoming mineral resource estimate update for the entire Santa Fe project, reinforcing the project’s growth trajectory and exploration upside as further drill results are awaited.
More about Lahontan Gold Corp.
Lahontan Gold Corp. is a mineral exploration company focused on advancing its flagship Santa Fe Mine Project in Nevada’s Walker Lane, a prolific gold-producing region. The company targets oxide and sulfide gold and silver mineralization through reverse-circulation drilling, aiming to expand and upgrade its mineral resources across multiple deposits on the Santa Fe property, including the York and Slab zones.
Average Trading Volume: 1,220,225
Technical Sentiment Signal: Buy
Current Market Cap: C$74.69M
See more data about LG stock on TipRanks’ Stock Analysis page.