GoldHaven Provides Drilling Update on Rio Loa and Prepares for First Phase Drilling at Alicia
#2300 – 1177 West Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
GoldHaven Provides Drilling Update on Rio Loa and Prepares for
First Phase Drilling at Alicia
Vancouver, British Columbia, March 4th, 2021 – GoldHaven Resour ces Corp. ("GoldHaven”,
“GOH” or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FRA: 4QS) reports that Phase I
drilling continues to advance as planned 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 450,000oz of Gold per annum1) and 6 km south
of Gold Field’s Horizonte discovery.
The GOH drill-team is actively drilling hole RCRL-003 which is currently in argillic altered
limonite-rich volcanic rocks. Silicified volcaniclastic rocks w ith incipient vuggy silica were
intersected at various intervals to the current depth of 300 me ters. RCRL-003 continues to be
strongly oxidized with abundant disseminated limoni te and is presently within a z one of
silicification. This hole has a projected depth of 350m.
Daniel Schieber GoldHaven's CEO comments: “ This is the right step in our development to
unlock the potential of our 251 square km Maricunga district play . The drilling continues as
planned and has been providing us with what we want to see at t his stage. The Alicia project is
next-up for drilling which will provide consistent news-flow after we complete at Rio Loa”.
In addition, GOH’s geology crew has been mobilized to the high sulfidation epithermal Alicia
project, which will be drilled next.
The 6,200 hectare Alicia project is located approximately 30 km SE of Salares Norte (Gold Fields)
where GOH has completed geologi c mapping, geochemical sampling and TerraSpec 4 Hi-Res
mineral analyzer SWIR alteration analyses (522 samples) along a geochemical grid (~200 meter
lines with 100 to 200 meter stations) to quantify the size of the alteration footprint and its intensity.
The Alicia Project contains two large, argillic to advanced arg illic alteration zones including the
Alicia Norte footprint measuring 5 x 3 kilometers and the Alici a Sur which is 3 x 2 kilometers.
Both alteration footprints contain multiple targets and are par tially covered by post-mineral
volcanic (dacite) flows and domes. Locally, the targets are cha racterized by intense hematite-
jarosite (after disseminated pyrite) and goethite limonites accompanied by alunite.
1Jamasmie, C., 2019. Gold Field’s Salares Norte project in Chile granted environmental permit. December 18, 2019, 9:29am. Exploration
Intelligence Latin America Gold Silver. https://www.mining.com/gold-fields-salares-norte-project-in-chile-granted-environmental-permit/
News Release 2 March 4, 2021
#2300 – 1177 West Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
Prospective damage zones including NW-SE trending and secondary NE-SW trending brittle faults
are present in the project area. These structures exhibit intense opaline-silica +/- alunite alteration
and contain native sulphur. Anomalous gold values up to 84 ppb (ranging from detection limit to
84 ppb) were returned from rock chip samples of silica-alunite-kaolinite-native sulphur in altered
dacitic volcanic rocks. Soil samples returned the anomalous pathfinder element suite: Mo-Sb-Te-
Hg-Pb.
In addition to Rio Loa and Alicia, the Company has five additional high priority assets to test
and drill. This will keep the Company busy through 2021. The Company is advancing its Apolo
Project’s Roma and Alicia properties as well as its Coya assets and preparing them for drill testing.
These targets have been designate d high-priority based on exten sive and pervasive alteration,
favorable geology, highly anomalou s rock geochemistry results, and their relative proximity to
existing deposits.
References to other Mines and Deposits
References to other mines and deposits made in this news release provide context for the Rio Loa
and Alicia projects which occur in similar geologic settings. Rio Loa and Alicia do not necessarily
host similar grades and tonnages of mineralization.
Qualified Person
Daniel MacNeil, P.Geo, a Qualified Person as defined by Nationa l Instrument 43-101 Standards
of Disclosure for Mineral Projects, has read and approved all technical and scientific information
contained in this news release.
About GoldHaven Resources Corp.
GoldHaven Resources Corp. is a Canadian junior exploration Comp any active in the Maricunga
Gold Belt of northern Chile. The Maricunga Belt measures 150 k m north-south and 30 km east-
west and is host to numerous discoveries over the past twenty years and has a prolific gold, silver
copper metal endowment. The Company has agreements in place to acquire seven high priority
exploration targets which were identified by geological studies . T o d a t e , G o l d H a v e n h a s
considers four of these seven properties “High Priority” targets and will commence drilling during
the first quarter of 2021. The f our priority targets include Co ya, located approximately 16 km
northeast of the La Coipa mine where Kinross announced a mining re-start in 20202; the second is
Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces
of Gold equivalent1; the third and fourth projects are Alicia and Roma which are a pproximately
35 km. south of the Salares Norte deposit. These exploration t argets have been designated High
Priority due to extensive, perva sive alteration, favourable geo logy, highly anomalous rock
geochemical results, and their relative proximity to existing deposits.
2Chen, J., 2020. Kinross to restart La Coipa mine. February 13, 2020, 9:54 am Exploration Top Companies Canada Latin America Gold Silver.
https://www.mining.com/kinross-to-proceed-with-la-coipa-mine-restart/
News Release 3 March 4, 2021
#2300 – 1177 West Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
We Seek Safe Harbor.
On Behalf of the Board of Directors
Daniel Schieber
For further information, please contact:
Daniel Schieber
CEO & Director
www.goldhavenresources.com
Office Direct: (604) 638-5938
Cell Direct: (604) 722-5798
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the
CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking statements and forward-looking information (collectively, "forward look-
ing statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United
States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, in-
cluded herein including, without limitation, the intended use of the proceeds received from the Offering, the possible
acquisition of the Projects, the Company's expectation that it will be successful in enacting its business plans, and the
anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although
the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove
to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects",
"anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words
and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would,
might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Com-
pany has applied several material assumptions, including without limitation, that investor interest will be sufficient to
close the Offering, and the receipt of any necessary regulatory or corporate approvals in connection with the Offering
and the Assignment, that there will be investor interest in future financings, market fundamentals will result in sus-
tained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in
connection with the future exploration and development of the Company's projects in a timely manner, the availability
of financing on suitable te rms for the exploration and development of the Company's proj ects and the Company's
ability to comply with environmental, health and safety laws.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future
results or performance, and that actual results may differ materially from those in forward-looking statements as a
result of various factors, including, operating and technical difficulties in connection with mineral exploration and
development activities, actual results of exploration activities, the estimation or realization of mineral reserves and
mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and
affairs, as currently contemplated, the inability to close the Offering, the inability of the Company to enter into defin-
itive agreements in respect of the Letters of Intent which are the subject of the Assignment, the timing and amount of
estimated future production, the costs of production, capital expenditures, the costs and timing of the development of
new deposits, requirements for additional capital, future prices of precious metals, changes in general economic con-
ditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest
in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmen-
tal approvals, permits or financing or in the completion of development or construction activities, changes in laws,
News Release 4 March 4, 2021
#2300 – 1177 West Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any neces-
sary permits, consents, approvals or authorizations, including by the Exchange, the timing and possible outcome of
any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other
risks and uncertainties disclosed in the Company's latest interim Management's Discussion and Analysis and filed
with certain securities commissions in Canada. All of th e Company's Canadian public disclosure filings may be ac-
cessed via www.sedar.com and readers are urged to review these materials.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obli-
gation to update any of the forward-looking statements. The Company undertakes no obligation to update any of the
forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by
law.