GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced that the drill crew has been mobilized over the weekend and has commenced its 5,000-meter Phase I drill campaign starting at Rio Loa. The Rio Loa Project is located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces equivalent of Gold scheduled to produce 350,000 oz of Gold per annum) and 6 km south of Gold Field’s Horizonte discovery. “This is a major milestone in our development to unlock the potential of our 251 square km Maricunga district play. Pat Burns and his world-class exploration team managed to get the drill turning on time and on budget,” said Daniel Schieber, GoldHaven’s CEO. “Surface expressions of our pathfinder elements As and Pb are reportedly higher than those at Salares Norte. The 5,000m drill program will take about five to six weeks to complete and the plan is to deliver results to our shareholders as we go.”
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About GoldHaven Resources Corp.
GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host to discoveries in the last ten years of 100 million ounces of gold; 450 million ounces of silver and 1.3 billion pounds of copper. The company has agreements in place to acquire seven high priority exploration targets as identified by geological studies. To date, GoldHaven has identified four of these seven properties as “High Priority” targets and will commence a drilling program during the first quarter of 2021. The four priority targets include Coya, located approximately 16 km northeast of the La Coipa mine where Kinross has extracted over 6.2 million ounces; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces of Gold equivalent; the third and fourth projects are Alicia and Roma, which are approximately 35 km. south of the Salares Norte deposit. These high priority targets have been designated owing to the extensive pervasive alteration, favourable geology and highly anomalous rock geochemistry results as well as their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.
NOTE TO INVESTORS: The latest news and updates relating to GHVNF are available in the company’s newsroom at https://nnw.fm/GHVNF
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