BRIEF

on Lahontan Gold Corp. (CVE:LG)

Lahontan Gold Corp Reports Promising Drilling Results at West Santa Fe

Lahontan Gold Corp has announced encouraging initial assay results from its 2025 drilling program at the West Santa Fe Project in Nevada. The maiden drilling program revealed significant shallow oxide gold mineralization, with highlights including a 55-meter section grading 1.00 g/t AuEq and an impressive 17-meter subsection grading 1.75 g/t AuEq. These results align with previous data, showing potential for a shallow, oxidized gold and silver deposit.

Kimberly Ann, the company's Executive Chair, highlighted the project's strategic importance, citing its proximity to the Santa Fe Mine, which supports Lahontan's growth strategy. Historic data and recent assays suggest viable resource expansion opportunities.

The West Santa Fe Project benefits from prior metallurgical studies suggesting favorable recovery rates. However, further verification against modern standards is planned. Overall, these findings bolster Lahontan's efforts to expand its mineral resource estimates in the Walker Lane region.

R. H.

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