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Rockhaven Resources Ltd.
Summary
| Project: | Klaza | |
|---|---|---|
| Deposit: | Klaza | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 6/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-6-2018: Rockhaven Resources Ltd. announces a Resource Estimation report for its Klaza deposit at the Klaza project. Upgraded mineral resource estimate at the project. June 21, 2018 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to annou | |
| Resources: | (Resource, Ind.): 4.457Mt @ 4.8g/t Au, 98g/t Ag, 0.7% Pb, 0.9% Zn for 907Koz AuEq contained | |
| CP/QP: | [Resources]: Adrienne Ross (AMC Mining Consultants Pty Ltd.) | |
| ABSTRACT: | June 21, 2018 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce updated Mineral Resource estimates for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its 100%-owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. The updated Mineral Resource estimates incorporate results from approximately 13,300 m of infill and expansion diamond drilling completed subsequent to the 2015 Mineral Resource estimate, and utilizes results from recent metallurgical test work to revise cut-off grades. Bulk tonnage low-grade mineralization in the Eastern Zones requires add “The Klaza project hosts high-grade gold and silver resources that are near surface, road accessible and located within one of the safest mining jurisdictions in the world,” stated Matt Turner, CEO of Rockhaven Resources. “We have upgraded much of our Inferred Mineral Resource to the Indicated category for $4 per oz gold or at a rate of 52 oz gold per metre drilled. * Additionally, the conversion of high-grade resources from underground to open pittable should have major economic benefits for the project.” The Klaza project hosts a large hydrothermal system that is concentrated within a 4 km long by 3 km wide structural corridor. Current Mineral Resource areas have only been systematically explored to about 275 m below surface, but well mineralized intersections occur as deep as 450 m. Eleven known mineralized zones have been identified within the corridor and all are open for expansion along strike and to depth. The deposit model for the Klaza deposit suggest the zones could be well mineralized to depths of 1,000 m or more below surface. | |
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