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Rockhaven Resources Ltd.
Summary
| Project: | Klaza | |
|---|---|---|
| Deposit: | Klaza | |
| Location: | Canada | |
| Commodities: | Lead-Zinc-Gold-Silver | |
| Date: | 7/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 15-7-2020: Rockhaven Resources Ltd. announces a PEA report for its Klaza deposit at the Klaza project. PEA results incl. post-tax NPV (5%) of C$529M & IRR of 45%. July 13, 2020 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce the | |
| Resources: | (Resource): 4.5Mt @ 4.8g/t Au, 98g/t Ag (Ind) and 5.7Mt @ 2.8g/t Au, 76g/t Ag (Inf) | |
| CP/QP: | [Overall Report] A Ross, I Kirchner, C Martin, M Dumala, G Methven, M Molavi, D Warren, B Borntraeger (AMC Mining Consultants (Canada) Ltd.,Archer, Cathro & Associates (1981) Ltd.,Blue Coast Metallurgy Ltd.,Knight Piesold Ltd.) | |
| ABSTRACT: | July 13, 2020 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce the results of an updated Preliminary Economic Assessment (“PEA”) for its 100%-owned and road-accessible Klaza Deposit, located in the Dawson Range Gold Belt of southern Yukon. PEA Highlights: Highlights from the PEA, with a base case gold price of US$1,450/oz and an exchange rate of C$1.00 equal to US$0.72 are as follows (all figures in Canadian Dollars unless otherwise stated) “This study demonstrates that Rockhaven’s Klaza Deposit could support a mine with a long life and robust economics,” stated Matt Turner, President and CEO of Rockhaven. “Since the last economic study was completed in 2016, closer spaced drilling has better defined the upper portions of the deposit, resulting in higher average grades in a superior resource category. We are very pleased with the results of this PEA and look forward to continuing to add value through additional discoveries while advancing the deposit through Pre-Feasibility. At its current ~C$32 million market capitalization, Rockhaven offers investors one of the most compelling valuations in the sector.” | |
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