Lahontan Drills 35 Metres Grading 1.05 g/t Au Eq Incl. 4.6 Metres Grading 3.14 Au Eq at Santa Fe

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[{"type":"text","content":"Lahontan Drills 35 Metres Grading 1.05 g/t Au Eq Incl. 4.6 Metres Grading 3.14 Au Eq at Santa FeTORONTO, ON / ACCESSWIRE / September 12, 2023 / Lahontan Gold Corp (TSXV:LG),(OTCQB:LGCXF) (the \"Company\" or \"Lahontan\") is pleased to announce results from an additional eight reverse-circulation rotary (\"RC\") drill holes from the Company's 2023 Phase Three drilling campaign at the Company's 19 km2 Santa Fe Mine Project in Nevada's Walker Lane. These drill holes were completed in the Slab-Calvada Complex at the Santa Fe Mine where previous Lahontan drilling had outlined significant oxide domain gold and silver resources (Canadian NI 43-101 compliant) that remained open along strike and down-dip*. The eight drill holes reported herein, totaling 1,533 metres, targeted potential extensions to these gold and silver resources. Highlights include:35.0 metres grading 1.02 g/t Au and 3.6 g/t Ag (1.05 g/t Au Eq)of shallow mineralization in drill hole CAL23-006R including 21.3 metres grading 1.37 g/t Au and 5.1 g/t Ag (1.42 g/t Au Eq) also including 4.6 metres grading 3.05 g/t Au and 10.6 g/t Ag (3.14 gpt Au Eq). This drill hole, and others completed by Lahontan (e.g. CAL23-006R highlighted below), intercepted significant widths of oxide and transition metallurgical domain gold and silver mineralization below the Mineral Resource Estimate (\"MRE\") conceptual pit shell at Calvada Central. These drill holes should expand the scale of the conceptual pit shell used to constrain mineral resources in future resource estimates (please see location map, cross section, and table below).A shallow intercept of 21.4 metres grading 0.90 g/t Au and 6.1 g/t Ag (0.96 g/t Au Eq) in drill hole CAL23-007R including 16.8 metres grading 1.07 g/t Au and 7.4 g/t Ag (1.14 g/t Au Eq) also including 4.6 metres grading 2.07 g/t Au and 16.7 g/t Ag (2.21gpt Au Eq). This drill hole bottomed in gold and silver mineralized rock and demonstrates that mineralization remains unconstrained by drilling at depth in the Calvada Central area and further opens the Calvada Fault area for resource expansion.Kimberly Ann, Lahontan Founder, CEO, President, and Director commented: \"The Calvada Central drill holes (CAL23-005 through -010) successfully expanded the footprint of disseminated gold and silver mineralization along the Calvada Fault, complimenting the excellent drill res...

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