Rockhaven Commences 15,000 m Diamond Drill Program at Klaza Project, Yukon
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/01/15 -- Rockhaven Resources Ltd. (TSX VENTURE: RK) ("Rockhaven") is pleased to announce the commencement of the 2015 exploration and engineering program at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon.
The 2015 program will include 15,000 m of diamond drilling plus related geotechnical, metallurgical and environmental studies. The drilling will primarily focus on expanding and better defining the recently announced maiden inferred resource estimate that includes 7,040,000 tonnes containing 948,348 oz gold and 21,780,313 oz silver (1,311,353 oz gold EQ(i)) at an average grade of 4.19 g/t gold and 96.23 g/t silver (5.79 g/t gold EQ) using a 1.5 g/t gold cut-off (see Klaza Property Technical Report(ii) dated March 11, 2015.)
"We are excited to begin our fully-funded 2015 program which we expect will significantly expand the current high-grade gold and silver resources outlined within two of the nine main zones on the Klaza property. The drilling will also assess the potential at some of the seven other sub-parallel zones at which only broadly spaced drilling and trenching have been done," stated Matt Turner, Rockhaven's CEO. "Engineering and permitting studies will ramp up to systematically advance the Klaza project towards development."
Two drills will be used to test targets that include:
The scheduled program can easily be expanded pending favourable exploration results and financing options.
(i)Gold equivalence (gold EQ) has been calculated using metal prices of $1200 per oz gold and $20.00 per oz silver and assumes 100% recoveries of both metals. Base metals were not used in the calculation of gold equivalence.
(ii)For further information on Rockhaven's inferred resource on the Klaza property, please see its technical report titled "Geology, Mineralization, Geochemical Surveys, Geophysical Surveys, Diamond and Percussion Drilling, Metallurgical Testing and Mineral Resources on the Klaza Property, Yukon, Canada" which can be viewed at under the Rockhaven profile or on the Rockhaven website at .
The 2015 Klaza program is managed by Archer, Cathro & Associates (1981) Limited (Archer Cathro). Technical information in this news release has been approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer Cathro and qualified person for the purpose of National Instrument 43-101.
About Rockhaven Resources Ltd.
Rockhaven is a well-funded, tightly-held exploration company with a portfolio of 100% owned gold-silver projects located in Yukon Territory. It is concentrating exploration at its principal project, the Klaza Property, which hosts an initial inferred mineral resource as reported in January 2015. Its other projects are available for option, joint venture or sale. For additional information related to Rockhaven or its various exploration projects please visit Rockhaven's website at .
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
Rockhaven Resources Ltd.
Matthew Turner
CEO and Director
(604) 688-2568
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Datum: 01.06.2015 - 12:30 Uhr
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News-ID 397117
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Mining & Metals
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