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Rockhaven Resources (TSXV:RK) has announced an updated mineral resource estimate for its Klaza property in southern Yukon. The new estimate represents an increase of 503,000 ounces of gold compared the the resource estimate announced for Klaza in January.
Rockhaven Resources (TSXV:RK) has announced an updated mineral resource estimate for its Klaza property in southern Yukon. The new estimate represents an increase of 503,000 ounces of gold compared the the resource estimate announced for Klaza in January.
As quoted in the press release:
The updated Mineral Resource was prepared by AMC Mining Consultants (Canada) Ltd. This new estimate comprises a total Inferred Mineral Resource of 9,421,000 tonnes grading 4.48 g/t gold, 89.02 g/t silver, 0.75% lead and 0.95% zinc, and contains 1,358,000 oz gold, 26,962,000 oz silver, 155,417,000 lbs lead and 197,891,000 lbs zinc. The Mineral Resource has a gold equivalent metal content of 1,793,000 oz at a gold equivalent grade of 5.92 g/t. Results of this Mineral Resource estimate are summarized below.
Rockhaven President and CEO, Matt Turner, said:
The updated Mineral Resource clearly demonstrates the potential of the road accessible Klaza deposit. Deposit-wide metallurgical testing shows silver, lead and zinc are important co-products that could enhance the economics of the deposit. There is a high probability for further expansion because the mineralized zones included in the Mineral Resource are open for extension along strike and to depth and there are other parallel zones on the property that have not yet been systematically evaluated. We look forward to future exploration at Klaza with the focus of continuing to add more ounces of high-grade mineralization at a very low discovery cost per ounce.