Mr. Bonn Smith reports
GOLDHAVEN HIGHLIGHTS GOLD POTENTIAL AT COPECAL GOLD PROJECT IN BRAZIL
Goldhaven Resources Corp. has highlighted the significant gold potential of its
100-per-cent-owned Copecal gold project, located in the highly prospective Juruena gold province in Brazil. This region has a long history of gold production and continues to be a focal point for exploration and development.
"We are incredibly excited to advance our Copecal gold project at such a pivotal time in the gold sector," stated Bonn Smith, chief executive officer of Goldhaven. "Thanks to AngloGold Ashanti's systemic exploration from 2010 to 2016, which identified multiple zones of anomalous gold mineralization, the stage is set for what we believe will be an exciting diamond drill campaign. The Copecal gold project represents not just a great opportunity for Goldhaven, but also for the broader gold market, as we look to contribute to an ever-precious resource that has stood the test of time as the ultimate safe-haven asset."
Gold potential in a prolific mining region of Brazil
The Copecal gold project is strategically situated within the Alta Floresta gold province, a historically productive region that has yielded substantial gold discoveries since the late 1970s. Goldhaven's tenements cover a total of 3,681 hectares in a geologically favourable setting within the Juruena gold province of Brazil.
The Juruena gold province, also known as the Juruena magmatic arc, is an orogenic belt highly prospective for mesothermal shear-related and intrusion-related gold deposits, such as G Mining's Tocantinzinho deposit. Additionally, the region hosts recently identified porphyry-style deposits (for example, Serabi and Jaca) and epithermal-style deposits (for example, X1 and Aura). The presence of multiple deposit styles, along with the confirmation of large-scale gold deposits in the Juruena province of Brazil, underscores the significant potential of the Copecal gold project.
Recent exploration programs, including geochemical soil sampling, drone-mounted magnetometry surveys and historical drilling data, indicate the presence of multiple gold-bearing structures. Notably, AngloGold Ashanti previously conducted systematic exploration on the property from 2010 to 2016, including auger and air-core drilling, geophysical surveys, and rock geochemistry, identifying multiple zones of anomalous gold mineralization.
Historical work by AngloGold Ashanti
The Copecal gold project benefits from extensive historical work, with AngloGold Ashanti's exploration confirming gold and arsenic anomalies, indicative of significant mineralization potential. Soil sampling grids and follow-up auger drilling in key areas revealed consistent gold values over wide zones, further supporting the presence of a substantial mineralized system.
Key historical work includes:
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Stream sediment sampling: Early-stage exploration by AngloGold Ashanti identified gold anomalies in regional stream sediment surveys, providing the initial targeting foundation.
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Grid-based soil geochemistry: The property underwent detailed geochemical sampling using a systematic 400-metre-by-40-metre grid pattern, which led to the discovery of several gold-bearing zones.
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Auger and air-core drilling: Forty-nine auger holes and six air-core holes were completed to further define geochemical anomalies and improve subsurface characterization.
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Induced polarization (IP) and ground magnetic surveys: Geophysical surveys helped delineate major structural trends and hydrothermal alteration zones correlated with known gold occurrences.
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Historical exploration follow-ups: AngloGold Ashanti's exploration efforts resulted in the identification of multiple high-priority targets. The data generated from these efforts provide the foundation for subsequent exploration programs, including refining geological interpretations and guiding future drilling campaigns.
Infrastructure to fast-track development
The Copecal gold project is exceptionally well positioned for expedited development, supported by strong infrastructure in the region.
Key infrastructure advantages include:
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Established road access: The project is accessible year-round through the BR-163 paved highway, connecting it to major industrial centers and export hubs.
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Proximity to mining services: The nearby towns of Alta Floresta, Sinop and Colider provide skilled labour, mining equipment suppliers and logistical support.
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Reliable power supply: The project area is served by high-tension power lines connected to the Sao Manoel hydroelectric plant, ensuring a stable energy source for future mining operations.
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Permitting and land access: Exploration permits are in place, with no major environmental or indigenous restrictions identified, streamlining the path to further drilling and potential development.
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Climate and accessibility: The region benefits from a tropical climate, allowing exploration and drilling activities to be conducted year-round without significant weather-related delays.
Next steps for Goldhaven at the Copecal gold project
With a strong foundation of historical work and robust infrastructure, Goldhaven is well positioned to accelerate its exploration efforts at Copecal. The company plans to initiate an expanded drill program to test priority targets identified through geochemical and geophysical analysis. This program will include:
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Systematic auger drill program: To date, drill targets are identified in two geochemical anomalies in the east and west. The auger program will collect soil down to the bedrock in a grid over the anomalies further delineating the number and direction of the diamond drill targets.
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Diamond drill program: Following the auger program, including desktop review and interpretation of all the results to date, the company will be initiating a minimum 1,000-metre diamond drill program.
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Infill and stepout drilling: The company will further delineate the mineralized structures by tightening drill spacing and expanding on known anomalies identified in the maiden diamond drill program.
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Deep drilling to test structural controls: The company will target deeper extensions of the mineralized zones to assess potential for larger-scale gold mineralization.
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Expanded geophysical surveys: The company conduct additional IP and magnetometry surveys to refine the geological model and identify new prospective areas.
About Goldhaven Resources Corp.
Goldhaven Resources is a Canadian junior exploration company focused on acquiring and exploring highly prospective land packages in North America and South America. The company's projects include the flagship Magno project, a district-scale polymetallic property adjacent to the historic Cassiar mining district in British Columbia. The Three Guardsman project, which exhibits significant potential for copper and gold-skarn mineralization. The Copecal gold project, a drill-ready gold project located in Mato Grosso, Brazil, with a six-kilometre strike of anomalous gold-in-soil samples. Three critical mineral projects with extensive tenement packages totalling 123,900 hectares: Bahia South, Bahia North and Iguatu projects located in Brazil.
Qualified person
The scientific and technical information disclosed in this document has been reviewed and approved by Jonathan Victor Hill, BSc (honours), FAusIMM, a qualified person consistent with National Instrument 43-101.
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