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Lahontan Drills Thick Intervals of High-Grade Gold at Santa Fe: 100.3M Grading 3.79 GPT Au Eq Incl. 4.9M Grading 12.45 GPT Au Eq

TORONTO, ON / ACCESSWIRE / May 2, 2022 / Lahontan Gold Corp. (formerly, 1246765 B.C. Ltd.) (...

articleLahontan Gold Corp.May 2, 20223/company/lahontan-gold-corp/news/lahontan-drills-thick-intervals-of-high-grade-gold-at-santa-fe-1003m-grading-379-gpt-au-eq-incl-49m-grading-1245-gpt-au-eq
Lahontan Drills Thick Intervals of High-Grade Gold at Santa Fe: 100.3M Grading 3.79 GPT Au Eq Incl. 4.9M Grading 12.45 GPT Au Eq

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[{"type":"text","content":"Lahontan Drills Thick Intervals of High-Grade Gold at Santa Fe: 100.3M Grading 3.79 GPT Au Eq Incl. 4.9M Grading 12.45 GPT Au EqTORONTO, ON / ACCESSWIRE / May 2, 2022 / Lahontan Gold Corp. (formerly, 1246765 B.C. Ltd.) (the \"Company\" or \"Lahontan\") is pleased to announce the results from five core holes, totaling 1,368 metres, completed in 2021 at the Company's 19 km2 Santa Fe Project in Nevada's Walker Lane. These core drill holes explored down-rake and on-strike extensions to the high-grade BH Zone and shallow, potentially open pit minable, Au and Ag mineralization southeast of the past producing Santa Fe open pit. High-grade intercepts from the BH zone include:100.3m grading 2.96 gpt Au and 62.2 gpt Ag (3.79 gpt Au Eq), including 37.3m grading 3.78 gpt Au and 96.1 gpt Ag (5.06 gpt Au Eq), also including 4.9m grading 10.76 gpt Au and 126.7 gpt Ag (12.45 gpt Au Eq) in drill hole SF21-001C.Highlights from shallow oxide drilling include:23.9m grading 0.84 gpt Au and 4.6 gpt Ag (0.90 Au Eq), and 20.7m grading 0.45 gpt Au and 3.4 gpt Ag (0.50 gpt Au Eq) in drill hole SF21-004C.A complete table of drill results from these five core holes is shown below, along with detailed descriptions of results, drill hole location maps, core photos, and a representative cross section.Drill HoleTotal Depth (m)From (m)To (m)Interval (m)Au (gpt)Ag (gpt)Au Eq (gpt)Host RockMetallurgical DomainSF21-001C326.490.1190.4100.32.9662.23.79Jasperoid brecciaFresh and Transition including108.5145.837.33.7896.15.06Jasperoid brecciaFresh also includes176.8181.74.910.76126.712.45Jasperoid brecciaFreshSF21-002C270.1146.6169.222.51.0421.61.33Jasperoid brecciaFresh including151.2157.96.72.3758.33.14Jasperoid brecciaFreshSF21-003C251.8121.5149.427.90.988.51.09Jasperoid brecciaFresh including124.2138.414.21.3417.41.57Jasperoid brecciaFreshSF21-004C195.456.480.323.90.844.60.90Jasperoid brecciaOxide and106.1126.820.70.453.40.50Jasperoid brecciaTransitionSF21-005C354.5260.3293.132.81.0921.61.37Jasperoid brecciaFresh including261.7270.28.53.1337.73.63Jasperoid brecciaFresh*Notes: Au Eq equals Au (gpt) + (Ag gpt/75). Metallurgical recovery has not been factored as insufficient test-work is available to determine potential Ag recoveries. True thickness in the BH Zone (drill holes SF21-001C, -002C, -003C, and -005C) is estimated to be 50-75% of the drilled interval; true...

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