Lahontan Gold Corp, a Canadian company specializing in exploration and mining services, has recently made significant strides in its exploration efforts at the West Santa Fe project. This project, a satellite site to the company’s flagship Santa Fe Mine in Nevada, has yielded promising results from its 2025 maiden drilling program. The company announced a notable 49-metre intercept grading approximately 0.8 grams per tonne (g/t) Au Eq, with an 11-metre segment grading close to 1.8 g/t Au Eq. These results indicate substantial shallow oxide mineralisation, a promising sign for the project’s potential.
The management of Lahontan Gold Corp has highlighted that the mineralisation begins at the surface and remains open to the north and west. This characteristic supports the possibility of a low-strip-ratio open-pit scenario, which could be economically advantageous for the company. The open nature of the mineralisation suggests that further exploration could yield even more significant results, enhancing the project’s viability.
Lahontan Gold Corp remains focused on advancing the Santa Fe Mine toward production. The company is actively updating its preliminary economic assessment and planning further drilling to build on the recent findings. These efforts are part of a broader strategy to develop the Santa Fe Mine and its satellite projects, reinforcing the company’s commitment to its exploration and development goals.
The latest results from the West Santa Fe project underscore the extensive surface expression of gold and silver mineralisation, highlighting the ongoing exploration progress for Lahontan Gold Corp. The company’s shares, listed on the TSX Venture Exchange, closed at 0.325 CAD on February 19, 2026. Over the past year, the stock has seen fluctuations, with a 52-week high of 0.335 CAD on February 9, 2026, and a low of 0.0275 CAD on March 6, 2025. With a market capitalization of 89,526,952 CAD, Lahontan Gold Corp continues to be a noteworthy player in the gold and silver exploration sector.
As Lahontan Gold Corp progresses with its exploration and development activities, stakeholders and investors will be keenly watching for further updates. The company’s ability to advance its projects and potentially bring new resources to production could significantly impact its market position and financial performance in the coming years.
