Emergent Metals Corp. (TSXV: EMR) is excited to share that Lahontan Gold Corp. (TSXV: LG) has reported the initial assay results from its 2025 maiden drilling program at Emergent’s West Santa Fe Property.
As previously disclosed in press releases on May 15, 2023, and July 20, 2023, Lahontan has the option to acquire a 100% interest in the Property by completing a total of US$3.2 million in cash, share payments, and work expenditures over a span of seven years.
These results stem from the first three of six reverse circulation (RC) holes drilled by Lahontan in late 2025, which totaled 593 meters. Situated approximately 13 km from Lahontan’s flagship Santa Fe Mine Project, West Santa Fe is recognized as a potential satellite deposit, pending successful exploration.
The exploration database for West Santa Fe consists of 171 drill holes, amounting to about 13,000 meters, with historical drilling conducted in the 1980s and 1990s. This recent drilling represents the first modern efforts on the Property since those earlier campaigns.
In their February 5 and February 18, 2026 press releases, Lahontan provided detailed results, which are summarized in Tables 1 and 2 below.
Drill Hole Information
Notes to Tables: AuEQ equals Au (g/t) + ((Ag g/t/60)*0.70). The silver grade calculation for AuEQ accounts for estimated metallurgical recovery reported by Kappes Cassiday (1982). For hole WSF25-06R, the true thickness of the intercepts is estimated to be 80-100% of the drilled interval. For holes WSF25-02R and WSF25-05R, the true thickness is estimated at 75-90%. Note that numbers may not total precisely due to rounding.
Lahontan indicated that the mineralized intervals at West Santa Fe are characterized by iron oxides, minor quartz veining, and decalcification within limestone of the Triassic Pamlico Formation. The surface expression of the mineralization spans 500 m by 350 m, with thicknesses ranging from 35 m to nearly 60 m.
More drilling results from permitted sites located to the west, north, and east of the mineralized zone are anticipated shortly, with plans for follow-up drilling already underway.
Emergent has not verified the technical information reported by Lahontan, which has been reviewed and approved by a Qualified Person in accordance with National Instrument 43-101.
In a separate announcement, Emergent has entered into an agreement with Winning Media LLC for investor relations and digital marketing services aimed at enhancing market awareness. This agreement, commencing upon acceptance by the TSX Venture Exchange, will last for three months and entails a cash fee of US$100,000.
Emergent is dedicated to gold and base metal exploration in Nevada and Quebec, with strategies focused on quality acquisitions and maximizing shareholder value. Properties such as the Golden Arrow and West Santa Fe are indicative of the company’s commitment to exploration and development.
For further insights on Emergent Metals Corp. and its projects, visit Inside Ticker or check the company’s filings at SEDAR+.