Mr. Justin Canivet reports

EXPLORATION UPDATE ON GOLDHAVEN'S PROMISING SMOKE MOUNTAIN PROJECT IN THE CENTRAL BRITISH COLUMBIA PORPHYRY-EPITHERMAL BELT

Goldhaven Resources Corp. has provided an update on the continuing exploration activities at Smoke Mountain as a result of the discovery of a 2.5-kilometre-long copper-gold-zinc-rich open-ended northeast trend on the property (see Jan. 18, 2022, news release).

Goldhaven CEO, Justin Canivet reports "This highly prospective porphyry-epithermal belt is evolving into one of Canada's most exciting copper, gold and silver districts and represents a potential game-changer for Goldhaven. We are thrilled to be exploring in this top-tier jurisdiction."

Smoke Mountain Surrounded by Significant Occurrences and Historic Resources

Goldhaven's large 4,190 hectare Smoke Mountain property is strategically situated within an extensive 85 kilometre polymetallic belt that is highly prospective for gold-silver-zinc epithermal systems, porphyry copper-gold deposits, as well as gold and silver-rich magmatic-hydrothermal occurrences. The property is road accessible from Houston via a series of gravel forest service roads off Highway 16.

Exploration activity in the area has been renewed in this historic mining region, propelled by the ongoing expansion of advanced exploration projects and mines including:

• Universal Copper's Poplar project (18km NE) hosting 236Mt @ 0.37% Cu 1
• Surge Copper's Berg project (15km SW) with reserves of 238Mt @ 0.4% Cu; 0.05% Au 2
• Imperial Metals' Huckleberry project (26 km SE) containing 161Mt @ 0.48% Cu 3

Note: the mines and advanced exploration and development projects in the Central BC porphyry-epithermal provide geologic context for the Smoke Mountain Property, but this is not necessarily indicative that the Project host similar grades or tonnages of mineralization.

Smoke Mountain Phase II Prospecting Program

Goldhaven has contracted Dahrouge Geological Consulting Ltd. to carry out a 30-day fieldwork campaign (currently underway) which includes geological mapping, soil sampling, stream sediment sampling and prospecting/rock sampling. Portable XRF is being deployed to increase the data turnaround with follow-up analytical work at ActLabs. The objective of this work is to expand the zones of known mineralization and define new exploration occurrences on the property.

This will be followed by airborne LiDAR, MAG, Radiometrics and Z-Tipper Axis Electromagnetic (ZTEM) surveys. Depending on results, additional work will include ground-based induced polarization surveys followed by drilling.

Highly Prospective Region

The historic Central BC porphyry-epithermal belt is re-emerging as an important copper-gold-silver jurisdiction as evidenced by increased staking activity and exploration drilling. The region is quickly becoming known for its long mineralized drill intercepts including Universal Copper's 216m interval grading 0.54% CuEq (click here for release) and has the potential to host some of the largest copper-polymetallic discoveries in British Columbia.

In recent news, Surge Copper expanded their Ootsa project by 96% to a total of 439Mt grading 0.32% CuEq increasing their total mineralized inventory in the southern part of this belt to over 1 billion tonnes (measured and indicated; click here for release).

These results in the immediate vicinity of Goldhaven's Smoke Mountain project showcase the exceptional regional endowment and metallogenic character of the Late Cretaceous arc rocks hosted within this belt. Goldhaven's exploration upside lies in the 2.5km long untested and under-explored alteration and mineralization trend currently being examined by our field team at Smoke Mountain.

Qualified Person

Daniel MacNeil, P.Geo, a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has read and approved all technical and scientific information contained in this news release. Mr. MacNeil is Technical Advisor to Goldhaven Resources Corp.

About Goldhaven Resources Corp.

Goldhaven Resources Corp. is a Canadian junior precious metals exploration Company focused on acquiring and exploring highly prospective land packages in both Canada and Chile. Goldhaven maintains a strategic presence in the gold and silver rich Maricunga Gold Belt of Northern Chile which is host to several mining and advanced exploration projects including Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa (Kinross), Cerro Maricunga (Fenix Gold), Lobo Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema), Caspiche (Goldcorp/Barrick), and Cerro Casale (Goldcorp/Barrick). The Company has identified a total of 12 high-priority targets at its Alicia and Roma project areas in the Maricunga within a prominent regional NW-SE structural trend along strike from Gold Fields' Salares Norte deposit (5.2 million ounces of Gold7). These targets have been designated "High Priority" due to the extent, pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. Goldhaven is also making exploration progress at its Smoke Mountain property (Canada) which is strategically located in the Central British Columbia Porphyry-Epithermal Belt in close proximity to Surge Copper's Berg project, as well as its Pat's Pond project in Newfoundland's Central Newfoundland Gold Belt (Canada). Pat's Pond is strategically located less than 20km from Marathon Gold's 3.14 Moz8 Valentine Gold Project and on strike from the Boomerang/Domino VMS deposit. Pat's Pond is highly prospective for gold, copper, silver and zinc and has large scale discovery potential. Goldhaven engages proactively with local and Indigenous rightsholders and seeks to develop relationships and agreements that are mutually beneficial to all stakeholders.

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