GoldHaven Provides Exploration Update on Pat’s Pond Located in the Central Newfoundland Gold Belt
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
GoldHaven Provides Exploration Update on Pat’s Pond
Located in the Central Newfoundland Gold Belt
Vancouver, British Columbia – (CNW – June 23, 2022) – GoldHaven Resources Corp. (CSE:
GOH) (OTCQB: GHVNF) (FSE: 4QS) (“GoldHaven” or the “Company”) provides an update
on the ongoing exploration activities on Pat’s Pond in the Central Newfoundland Gold Belt
(“CNGB”).
“We have received our exploration permits for Pat’s Pond and are thrilled to have begun our second
exploration campaign on the property”, said GoldHaven CEO, Justin Canivet. “Given the close
proximity of Pat’s Pond to Marathon Gold’s Valentine Lake project, the province’s most advanced
project, we feel we hold some of the most highly prospective ground in the CNGB, and we very
much look forward to interpreting the results from this second exploration campaign”.
The 9,700 hectare Pat’s Pond property is located less than 20 km from Marathon Gold’s 3.14
Moz (56.7 Mt at 1.72 g/t Au) Valentine Gold Project1 and on trend with the Boomerang/Domino
VMS deposit (4 kilometres to the northeast). The property is road accessible and is highly
prospective for precious metal-rich volcanogenic massive sulphide mineralization and
mesothermal gold.
Figure 1. Location of Pat’s Pond
GoldHaven Resources Corp.
News Release 2 June 23, 2022
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
Airborne Magnetic/VLF-EM Survey at Pat’s Pond
GoldHaven is working with Terraquest Ltd., an airborne geophysical survey provider based in
Markham, Ontario, to conduct an Airborne magnetic/VLF-EM survey at 100 m line spacing.
As of June 6, 2022, the aircrew flew over 3 hours, acquiring 249.7 line kms of data. To date
Terraquest has acquired 432 km out of planned 1357.2 km for a total of 31.8% of the survey
block. Terraquest expects to finish the survey by the end of this month.
When the airborne geophysics is complete, a geological/prospecting crew will be on site and will
focus on collecting additional surface rock geochemical samples and enhancing the surface
lithological and structural map which will contribute to ongoing ranking and prioritization of
targets on the property. Ground based Induced Polarization geophysical surveys and a potential
drill campaign will be completed on the highest priority areas, likely in Q4 of 2022. Soil
geochemistry will be used on the highest priority targets to assist with drill hole placement.
Promising Historical Data from Pat’s Pond
Historical assays have returned values as high as 19.16 g/t Au, 914 g/t Ag, 8.7% Zn, 6.1% Pb,
2.13% Sb, and 0.92% Cu2 (click here to see table of most recent rock sample assay results).
In October 2021, GoldHaven’s exploration team collected 41 samples on Pat’s Pond and returned
highs of 605 g/t Ag, 5.5 g/t Au, 9.7% Pb, 5.05% Zn and 0.69% Cu, with one sample returning
an antimony value of the 3.22% Sb (see March 17 press release for full details). Numerous
encouraging values were reported from the southeast of the property which were consistently
anomalous in silver, zinc, lead and to a lesser extent gold and copper3.
Qualified Person
Daniel MacNeil, P.Geo, a Qualified Person as defined by National Instrument 43-101 Standards
of Disclosure for Mineral Projects, has read and approved all technical and scientific information
contained in this news release. Mr. MacNeil is Technical Advisor to GoldHaven Resources Corp.
About GoldHaven Resources Corp.
GoldHaven Resources Corp. is a Canadian junior precious metals exploration Company focused
on acquiring and exploring highly prospective land packages in both Canada and Chile.
GoldHaven maintains a strategic presence in the gold and silver rich Maricunga Gold Belt of
Northern Chile which is host to several mining and advanced exploration projects including
Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa (Kinross), Cerro
Maricunga (Fenix Gold), Lobo Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema),
Caspiche (Goldcorp/Barrick), and Cerro Casale (Goldcorp/Barrick). The Company has identified
a total of 12 high- priority targets at its Alicia and Roma project areas in the Maricunga within a
prominent regional NW-SE structural trend along strike from Gold Fields’ Salares Norte deposit
(5.2 million ounces of Gold5). These targets have been designated “High Priority” due to the extent,
pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their
GoldHaven Resources Corp.
News Release 3 June 23, 2022
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
relative proximity to existing deposits. GoldHaven is also making exploration progress at its
Smoke Mountain property (Canada) which is strategically located in the Central British Columbia
Porphyry-Epithermal Belt in close proximity to Surge Copper’s Berg project, as well as its Pat’s
Pond project in Newfoundland’s Central Newfoundland Gold Belt (Canada). Pat’s Pond is
strategically located less than 20km from Marathon Gold’s 3.14 Moz Valentine Gold Project1 and
on strike from the Boomerang/Domino VMS deposit. Pat’s Pond is highly prospective for gold,
copper, silver and zinc and has large scale discovery potential.
On Behalf of the Board of Directors
Justin Canivet, CFA
Chief Executive Officer
For further information, please contact:
Bonn Smith,
Business Development
www.goldhavenresources.com
Office Direct: (604) 638-3073
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.
News Release References
1 Valentine Gold Project; About The Project. https://marathon-gold.com/valentine-gold-project/
2 https://gis.geosurv.gov.nl.ca/geofilePDFS/Batch2017/012A_1644.pdf
3 https://goldhavenresources.com/site/assets/files/5636/2022-03-17-nr-goh-sefa787g7q.pdf
4 https://www.gov.nl.ca/iet/mines/exploration/mip/jea/
5 Jamasmie, C., 2019. Gold Fields 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/
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking statements and forward-looking information (collectively, "forward
looking 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,
included 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
GoldHaven Resources Corp.
News Release 4 June 23, 2022
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
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
Company 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 sustained 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 terms for the exploration and development of the Company's projects 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
definitive 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
conditions, 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
governmental approvals, permits or financing or in the completion of development or construction activities, changes
in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any
necessary 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 the Company's Canadian public disclosure filings may be
accessed 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
obligation 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.