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Enter Symbol
or Name
USA
CA



Goldhaven Resources Corp
Symbol GOH
Shares Issued 76,249,482
Close 2023-06-08 C$ 0.035
Market Cap C$ 2,668,732
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Goldhaven to focus on Canadian projects

2023-06-09 13:21 ET - News Release

Mr. Bonn Smith reports

GOLDHAVEN TO FOCUS ON CANADIAN CRITICAL MINERALS EXPLORATION; UPDATE ON CHILEAN ACTIVITIES

Goldhaven Resources Corp. intends to focus on critical minerals exploration in Canada, in large part due to the promising results from the 2022 exploration campaigns which included airborne ZTEM (z-axis tipper electromagnetic) system)and lidar (light detection and ranging) surveys on the company's title project: Smoke Mountain.

Bonn Smith, Goldhaven chief executive officer, states: "The global clean energy transition is under way, representing the largest economic transformation since the industrial revolution, and Goldhaven is currently in position to play a part. Canada is positioned to become the world's green supplier of choice for critical minerals, and it would be a shame to not take advantage of this opportunity happening in our own backyard. With the recently identified 2.5-kilometre-long open-ended Cu-Au-Ag-Zn [copper-gold-silver-zinc] trend, coupled with positive airborne geophysics results and forthcoming geochemical results, Smoke Mountain will be the primary focus of this company moving forward."

Smoke Mountain is strategically situated within the central British Columbia porphyry-epithermal belt -- an extensive 85-kilometre polymetallic belt that is highly prospective for gold-silver-zinc epithermal systems and porphyry copper-gold deposits. The region has the potential to host some of the largest copper-polymetallic discoveries in British Columbia.

Exploration activity in this historic mining region is propelled by recent and continuing expansion of advanced exploration projects and mines, including:

  • Universal Copper's Poplar project (18 km northeast) hosting 236 million tonne (Mt) at 0.37 per cent Cu;
  • Surge Copper's Berg project (15 km southwest) with reserves of 238 Mt at 0.4 per cent Cu and 0.05 per cent Au;
  • Imperial Metals' Huckleberry project (26 km southeast) containing 161 Mt at 0.48 per cent Cu.

Note: The mines, advanced exploration and development projects in the central British Columbia porphyry-epithermal belt provide geologic context for the Smoke Mountain property, but are not necessarily indicative that the project hosts similar grades or tonnages of mineralization.

Update on Chilean activities

The company announces that it has ceased all negotiations with Oro Atacama SpA. After several months of negotiations, no deal was reached with respect to the near-production properties Los Sapos, India Coya and Pepita.

Patrick Burns has resigned from Goldhaven's board of directors. Bertram T. von Plettenberg has also resigned as a director, but will remain as a special adviser to the company. Mr. Burns, Jack Pritting and Chris Ford have all stepped down from Goldhaven's Chilean technical advisory board. The company thanks them for their contributions and wishes them well in their future endeavours.

About Goldhaven Resources Corp.

Goldhaven Resources is a Canadian junior metals exploration company focused on acquiring and exploring highly prospective land packages in Canada. Goldhaven is making exploration progress at its Smoke Mountain property, 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 claim in Newfoundland's Central Newfoundland gold belt. Pat's Pond is strategically located in close proximity to Marathon Gold's 3.14 Moz (million ounce) Valentine gold project and on strike from the Boomerang/Domino VMS (volcanogenic massive sulphide) deposit. Pat's Pond is highly prospective for gold, copper, silver and zinc, and has large-scale discovery potential. Goldhaven engages pro-actively with local and indigenous rightsholders, and seeks to develop relationships and agreements that are mutually beneficial to all stakeholders.

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