• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Rockhaven Resources Ltd. Intersects 8.54 g/t Gold and 674 g/t Silver over 2.26 m at Klaza Project, Yukon

    Investing News Network
    Nov. 14, 2017 08:00AM PST
    Precious Metals

    Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce assay results for an additional 15 diamond drill holes from the 2017 exploration program at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon.

    Rockhaven Resources Ltd. (TSXV:RK) (“Rockhaven”) is pleased to announce assay results for an additional 15 diamond drill holes from the 2017 exploration program at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon.

    A total of 15,922 m in 96 holes were completed during the 2017 exploration program. Results from the first 56 holes were released on September 12, September 26 and October 16, 2017. The main objectives of the 2017 program were to: better define and expand the near-surface mineral resources through infill and step-out drilling; explore for new gold zones through drilling, trenching and geophysics; and, continue to advance the metallurgical and engineering facets of the Klaza project. Holes in this release are from the Central Klaza, Western Klaza and BYG zones.

    Assay highlights from this news release include:

    • 10.94 g/t gold and 81.7 g/t silver over 3.74 m; plus
      2.17 g/t gold and 76.3 g/t silver over 7.09 m – Hole 388
    • 8.54 g/t gold and 674 g/t silver over 2.26 m – Hole 412
    • 21.13 g/t gold and 116 g/t silver over 1.36 m – Hole 392
    • 6.18 g/t gold and 441 g/t silver over 1.01 m – Hole 414
    • 8.91 g/t gold and 452 g/t silver over 2.69 m – Hole 419
    • 6.84 g/t gold and 44.5 g/t silver over 3.69 m – Hole 389
    • 1.20 g/t gold and 22.1 g/t silver over 9.52 m – Hole 427

    “Drilling in 2017 has successfully expanded the area of mineralization and further confirmed the exceptional continuity of high-grade gold and silver veins within the Klaza Zone,” stated Matt Turner, Rockhaven’s CEO. “We are currently revising the geological model for this zone and anticipate an updated resource estimate in early 2018.”

    Central and Western Klaza Zones

    The Klaza Zone is one of eleven main vein systems identified to date in the core of the Klaza property. The Central and Western parts of the zone and adjacent subsidiary structures have been traced over a combined 1,400 m strike length and to a maximum depth of 325 m. A total of 10,300 m have been completed in 2016 and 2017 on the Klaza Zone subsequent to a resource estimate that was announced in December 2015 (See January 22, 2016 Klaza Property Technical Report on the Rockhaven website (www.rockhavenresources.com). Maps and sections highlighting results from the 2016 and 2017 exploration programs can be viewed on Rockhaven’s website.

    The Central Klaza Zone is a laterally extensive complex of steeply dipping veins, breccias and sheeted veinlets emplaced within a 25 to 100 m wide structural corridor. It currently hosts an inferred mineral resource of 3,794,000 tonnes containing 470,000 oz gold, 6,796,000 oz silver, 60.2 million lbs lead and 88.3 million lbs zinc at an average grade of 3.85 g/t gold, 56.0 g/t silver, 0.72% lead and 1.06% zinc.

    The Western Klaza Zone consists of a single discrete vein and currently hosts an inferred mineral resource estimate of 542,000 tonnes containing 98,000 oz gold, 3,455,000 oz silver, 7.7 million lbs lead and 10.6 million lbs zinc at an average grade of 5.62 g/t gold, 198.0 g/t silver, 0.64% lead and 0.88% zinc.

    Significant new drill results from the Central Klaza (KZA), Western Klaza (WKZA) and Western BYG (WBYG) zones are shown in Table I.

    Table I – Significant Assay Results
    (FW=Footwall and HW=Hanging Wall)
    Drill HoleZone IDFrom
    (m)
    To
    (m)
    Interval
    (m)+
    Gold (g/t)Silver (g/t)Lead
    (%)
    Zinc
    (%)
    KL-17-388KZA-HW51.6855.423.7410.9481.70.9291.350
    includingKZA-HW53.4853.950.4764.802504.2505.760
    andKZA102.46109.557.092.1776.31.3070.704
    includingKZA102.66103.070.4118.8094115.3009.250
    includingKZA109.00109.550.5512.252224.1601.760
    andKZA-FW118.57120.001.431.5112.60.3720.768
    andKZA-FW144.46145.390.933.2314.20.3890.349
    KL-17-389KZA-HW77.3377.830.501.6225.80.4310.685
    andKZA-HW94.8195.270.462.4649.01.0201.065
    andKZA-HW144.00144.900.901.5721.40.4450.606
    andKZA-HW150.61151.490.882.1228.80.3950.739
    andKZA-HW154.27155.771.501.3443.41.0872.259
    andKZA166.00173.417.413.7724.70.3870.531
    includingKZA168.71172.403.696.8444.50.6810.801
    andKZA176.35177.000.651.4914.60.3600.307
    andKZA187.45189.842.391.618.810.0860.211
    includingKZA187.45187.840.398.3942.40.2930.907
    andKZA-FW193.00198.005.001.6311.10.2810.252
    includingKZA-FW194.65195.280.639.6051.51.4801.215
    KL-17-392KZA-HW58.0060.202.201.2714.80.1000.591
    andKZA-HW82.5283.130.611.461060.4041.670
    andKZA-HW86.6487.080.441.4928.20.4700.601
    andKZA-HW99.47101.101.632.2632.40.3450.437
    andKZA-HW157.92158.740.821.9421.20.4030.757
    andKZA166.80168.161.3621.131161.6032.235
    andKZA177.10179.051.952.7328.30.3000.160
    andKZA-FW193.32194.140.821.2637.50.2670.617
    KL-17-408WKZA52.2755.533.262.301720.4020.423
    includingWKZA52.2752.600.3317.6015203.6202.860
    KL-17-411WKZA49.3750.060.692.983.400.0050.009
    KL-17-412WKZA23.7426.002.268.546741.4030.208
    andWKZA29.0029.410.411.831310.3740.754
    KL-17-414WKZA64.3465.351.016.184411.6490.637
    includingWKZA65.0465.350.3115.4511604.7501.580
    KL-17-415WKZA30.0031.301.302.871560.8520.546
    includingWKZA31.0031.300.308.166763.6802.040
    andWKZA36.2536.600.356.225071.0651.240
    KL-17-417WBYG7.968.290.332.0939.40.1640.074
    andWKZA124.51125.460.951.6554.40.5200.695
    KL-17-419WBYG21.6922.300.611.3274.50.2610.456
    andWKZA115.86118.552.698.914521.9343.385
    includingWKZA117.54118.551.0122.559273.5834.747
    KL-17-421KZA-HW59.4360.120.691.185.980.0760.212
    andKZA-HW102.33103.000.673.001590.2200.556
    andKZA-HW139.81140.690.881.856482.8500.997
    andKZA186.80191.855.051.4324.00.2030.295
    KL-17-425KZA44.646.652.052.1945.00.1991.095
    andKZA50.1250.760.642.0220.40.4500.683
    KL-17-427KZA47.4248.360.941.032.360.0080.010
    andKZA55.3364.859.521.2022.10.2050.183
    includingKZA58.8559.470.6213.803042.7101.535
    andKZA-FW98.0499.181.142.907.240.0850.243
    andKZA-FW116.55117.030.485.514832.6800.809
    KL-17-430KZA25.4227.271.851.0616.50.1760.558
    andKZA38.4839.140.662.0286.10.6010.820
    andKZA40.1540.730.581.276.350.0480.102

    + Represents the diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
    KL-17-410 did not return significant mineralization.

    QAQC

    All analyses for rock and core samples from the 2017 program were performed by ALS Minerals with sample preparation in North Vancouver, Whitehorse, Yellowknife or Thunder Bay and assays and geochemical analyses in North Vancouver. Core samples were routinely analyzed for gold by fire assay followed by atomic absorption (Au-AA24) and 48 other elements by inductively coupled plasma-mass spectrometry (ME-MS61). Samples that exceeded the detection limits of the routine methods were assayed for silver, copper, lead and zinc by inductively coupled plasma-atomic emission spectroscopy (Ag/Cu/Pb/Zn – OG62) and gold by gravimetric analysis (Au-GRA22). Rigorous procedures were in place regarding sample collection, chain of custody and data entry. Certified assay standards, coarse reject duplicates, field duplicates and blanks were routinely inserted into the sample stream to ensure integrity of the assay process. All of the results reported have passed the QAQC screening.

    The 2017 program was 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

    Rockhaven Resources Ltd. is a mineral exploration company focused on growth through the advancement of its Klaza project. For additional information concerning Rockhaven or its Klaza project please visit Rockhaven’s website at www.rockhavenresources.com.

    Matthew Turner
    President, CEO and Director
    Rockhaven Resources Ltd.
    T:604-687-2522
    mturner@rockhavenresources.com

    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.

    Source: globenewswire.com

    thunder baydrill resultsgold investingdawson range gold belttsxv:rkrockhaven resources
    The Conversation (0)

    Go Deeper

    AI Powered
    Heliostar Reports Multiple Stockpile Assays Including 10.7m of 1.81 g/t Gold at La Colorada Mine

    Heliostar Reports Multiple Stockpile Assays Including 10.7m of 1.81 g/t Gold at La Colorada Mine

    Blackrock Silver Drills 10.12 Metres of 467 g/t AgEq and Establishes Continuity over 500 Metres in Step Out Drilling at Tonopah West

    Blackrock Silver Drills 10.12 Metres of 467 g/t AgEq and Establishes Continuity over 500 Metres in Step Out Drilling at Tonopah West

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Piche Resources

     
    PR2:AU

    Quimbaya Gold

     
    QIM:CC

    Sranan Gold

     
    SRAN:CC

    LaFleur Minerals

     
    LFLR:CNX

    Surface Metals

     
    SUR:CC

    Maritime Resources

     
    MAE:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×