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Lahontan Gold Corp. ( (TSE:LG) ) has issued an update.
Lahontan Gold Corp. reported additional assay results from its 2025 maiden drilling program at the West Santa Fe project in Nevada, highlighted by a 41.2-metre intercept grading 1.94 g/t gold equivalent, including 9.1 metres at 4.14 g/t gold equivalent, in hole WSF25-03R. The company said the new results closely match historic drilling in grade and geometry, help validate the legacy drill database, and indicate that shallow oxide gold-silver mineralization remains open along strike and down-dip, supporting the potential for West Santa Fe to augment mineral resources at the nearby Santa Fe Mine project as further drilling proceeds.
More about Lahontan Gold Corp.
Lahontan Gold Corp. is a mineral exploration company focused on gold and silver projects in Nevada’s Walker Lane district. Its primary assets include the flagship Santa Fe Mine project and the nearby West Santa Fe satellite project, where the company is advancing oxide gold targets with potential open-pit, heap-leach development.
Average Trading Volume: 1,202,289
Technical Sentiment Signal: Buy
Current Market Cap: C$94.96M
Learn more about LG stock on TipRanks’ Stock Analysis page.