Additional Shallow Oxide Gold At West Santa Fe

TORONTO – Lahontan Gold Corp. announced more analytical results from the 2025 maiden drilling program at the Company’s satellite West Santa Fe project, located only 13 km from the Santa Fe Mine project, in Nevada’s Walker Lane. These assay results are from two additional reverse-circulation rotary (RC) drill holes at West Santa Fe and are summarized below.
WSF25-02R: 48.8 metres (13.7 – 62.5m) grading 0.83 g/t Au Eq including 10.7 metres (47.2 – 57.9m) grading 1.83 g/t Au Eq, a very shallow intercept of oxide gold and silver mineralization that shows excellent continuity with adjacent Lahontan drilling and historic drilling. Individual intercepts range up to 3.21 g/t Au Eq (1.52m, 25.91 – 27.43m, 2.08 g/t Au, 72.5 g/t Ag), similar in tenor to adjacent drill holes.
WSF25-05R: 45.7 metres (0 – 45.7m) grading 0.64 g/t Au Eq. Oxide gold and silver mineralization beginning at the surface and correlates with adjacent Lahontan drill hole WSF25-06R. The intercept includes 9.2m (33.5 – 42.7m) grading 1.29 g/t Au Eq. This drill hole is the northernmost completed by the Company and precious metal mineralization remains open to the north and west.
Kimberly Ann, Executive Chair, President, CEO, and Founder, said, “The drill results reported today confirm the northern extent of precious metal mineralization at West Santa Fe, and, when combined with the results from other Lahontan drill holes, now confirm gold and silver mineralization with a surface expression of 500 by 350 metres. Based on drilling to date, the thickness of the mineralization varies from about 35 to almost 60 metres, although folding may increase this thickness. The Company has multiple drill sites permitted west, north, and east of this central, outcropping, mineralized zone. Its early days and we are just beginning to identify the extents of the West Santa Fe system and understand the controls to both high-grade mineralization and disseminated, bedding controlled, gold and silver mineralization. We look forward to releasing the final results from the 2025 drill program shortly; planning is underway for follow-up drilling.”