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Rockhaven Resources Ltd.
Summary
| Project: | Klaza | |
|---|---|---|
| Deposit: | Klaza | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 9/26/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 26-9-2016: Rockhaven Resources Ltd. announces an Exploration/Drilling Update report for its Klaza deposit at the Klaza project. Drilling results incl. 4.32m @17.01g/t Au, 121g/t Ag, 2.458% Pb, 4.590% Zn from 17.72m. September 26, 2016 - Rockhaven Resource | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Matthew R. Dumala (Archer, Cathro & Associates (1981) Ltd.) | |
| ABSTRACT: | September 26, 2016 - Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven") is pleased to announce additional results from the recently completed diamond drill program at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon. The 2016 drill program focused on better defining and expanding near surface mineralization adjacent to open pits and declines proposed in a PEA released in March 2016. The majority of drilling was conducted within the Central and Eastern Klaza Zones, testing veins located along strike to the east and in the immediate footwall of the proposed open pit. These near-surface veins are particularly attractive targets because most are not included in the current mineral resource estimate or the proposed mine plan presented in the PEA. “The PEA highlighted the importance of high-grade, open pittable resources to project economics. These Central and Eastern Klaza Zone results and the recently reported drill intersects from the Rex Zone demonstrate that additional discoveries of the type can continue to be made at Klaza,” stated Matt Turner, Rockhaven’s CEO. “Results from this drilling have exceeded our expectations, further illustrating the deposit’s excellent potential to grow.” The Central and Eastern Klaza zones are part of the Klaza Zone, one of eleven main vein systems identified in the core of the Klaza property. They comprise a laterally extensive complex of steeply dipping and anastomosing veins, breccias and sheeted veinlets emplaced within a 25 to 200 m wide structural corridor. Mineralization in the Central Klaza Zone has been traced over a 980 m strike length and from surface to a maximum depth of 325 m. Closely spaced mineralized veins occur within the footwall and hanging wall of the Central Klaza Zone. The Eastern Klaza Zone has been traced over a length of 850 m and is still open to the East. Both zones remain open to extension at depth. | |
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