Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.
- A Foremost MPD-1500 track-mounted reverse-circulation drill rig and support equipment have begun Lahontan’s maiden drill campaign at West Santa Fe
- Validating historical drilling can be a cost-effective way to de-risk a target and accelerate the timeline to more formal technical deliverables
- Management has framed West Santa Fe as both a standalone opportunity and a strategic extension of the Santa Fe development story
Consistent operational progress is critical for junior mining companies working to establish credibility, advance projects and build long-term value in a competitive exploration landscape. With that in mind, Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), recently announced it has commenced drilling at its West Santa Fe project in Nevada’s Walker Lane, marking a new phase of exploration designed to validate historical data and support future development planning. The program complements ongoing work at the company’s flagship Santa Fe Mine project and underscores Lahontan’s focus on advancing its portfolio of gold and silver assets in a well-established U.S. mining jurisdiction.
According to the company, a Foremost MPD-1500 track-mounted reverse-circulation drill rig and support equipment have begun Lahontan’s maiden drill campaign at West Santa Fe. The near-term focus is “twining” multiple historic drill holes from the 1980s to validate the historic drill-hole database, an important technical step because that can determine whether older results are reliable enough to support future modeling and, potentially, future mineral resource estimation work.
Lahontan reported that prior operators completed 171 drill holes totaling 13,107 meters at West Santa Fe between 1980 and 1995. “Confirming the validity of this robust database may enable the company to use this drill hole data in any future Mineral Resource Estimate for the project,” the announcement noted.
For investors, the significance of this approach is straightforward: Validating historical drilling can be a cost-effective way to de-risk a target and accelerate the timeline to more formal technical deliverables, provided the data stands up to verification work. The current West Santa Fe drilling project emphasizes the depth and scope of historical work, noting that previous drilling totals more than 13,000 meters in 171 holes and that only five holes are deeper than 165 meters, suggesting exploration remains, particularly at depth. The company also characterizes West Santa Fe as a “bolt on” project with “excellent resource potential,” noting that the project is 100% controlled through a seven-year option agreement, with an 11.8 km2 land package in Mineral County, Nevada.
In addition, Lahontan has completed its 2025 phase two drilling program at the Santa Fe Mine project. The company drilled 20 reverse-circulation holes in the Slab and York resource areas with objectives that included expanding gold and silver resources at depth and stepping out to grow mineral resources in the York area. The company reported that the Slab-area holes were up to 194 meters deep and remained in oxidized and hydrothermally altered rock to their final depth, an operational detail that can matter for metallurgy and processing assumptions in oxide-style systems.
Management has framed West Santa Fe as both a standalone opportunity and a strategic extension of the Santa Fe development story. “Lahontan is excited to begin our maiden drill campaign at West Santa Fe,” said Lahontan founder, CEO and president Kimberly Ann. “The historic drill hole data are very encouraging, and we look forward to drill testing this important gold and silver resource exploration target. At the Santa Fe Mine project, the 20 drill holes completed this year represent the largest number of drill holes completed in a single year since the company began drilling the project in 2021.
“Since that time, Lahontan has completed 99 diamond and reverse-circulation drill holes totaling 22,431 meters at Santa Fe,” she continued. “We plan on updating the Santa Fe Mine MRE in early 2026 utilizing the new drill hole data and then incorporating the MRE into a Preliminary Economic Assessment of the project in H1 2026.”
From an investor perspective, two things stand out: First, the West Santa Fe campaign is explicitly structured around validation, an effort to convert historical work into data that can credibly support modern technical reporting, which can be a meaningful value driver if successful. Second, Lahontan is pairing that satellite work with continued drilling at Santa Fe and a stated plan to update the mineral resource estimate and feed that into a preliminary economic assessment timeline in 2026, which provides identifiable milestones that the market can watch.
Taken together, the launch of drilling at West Santa Fe and the completion of an expanded 2025 program at the Santa Fe Mine highlight Lahontan Gold’s methodical approach to advancing its Nevada portfolio. By pairing historical data validation with new drilling and clearly articulated plans to update resources and advance economic studies, the company is working to convert exploration activity into tangible development milestones. In a sector where execution, jurisdiction and project continuity matter, Lahontan’s steady progress in the Walker Lane positions it to remain on investors’ radar as results emerge and the next phase of technical work unfolds.
For more information, visit the company’s website at www.LahontanGoldCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the company’s newsroom at http://ibn.fm/LGCXF
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