GoldHaven Announces Closing the Acquisition of Boa Gold Corp. and its Project Portfolio in Brazil
GoldHaven Announces Closing the Acquisition of Boa Gold Corp.
and its Project Portfolio in Brazil
Vancouver, British Columbia, January 13, 2025 – GoldHaven Resources Corp. (“GoldHaven” or
the “Company”) (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) announces, further to its news releases
dated December 16, 2024, that it has completed its acquisition of Boa Gold Corp. (“Boa Gold”), which
holds a 100% ownership interest of four key projects in Brazil (Copeçal, Bahia North, Bahia South and
Iguatu), pursuant to the amalgamation agreement dated December 16, 2024 (the “ Amalgamation
Agreement”) among GoldHaven, Boa Gold, and 1516478 B.C. Ltd. (“Subco”).
“We are thrilled to announce the successful acquisition of Boa Gold and its four highly prospective
properties in Brazil, including Copeçal, which features a 6km gold strike anomaly and two pre-defined
drill targets,” stated Bonn Smith, CEO of GoldHaven. “Copeçal presents exceptional potential, and we
are eager to initiate a drill program in the coming months, aimed at unlocking value for our shareholders.
This acquisition not only strengthens our position in the gold and critical minerals sector but also lays the
foundation for substantial growth in the years to come.”
Overview of Boa Gold’s Brazilian Projects:
GoldHaven has acquired 100% ownership of four key projects in Brazil – Copeçal, Bahia North, Bahia
South, and Iguatu. The Copeçal Gold Project is a 100% owned drill-ready property in the Juruena
Gold Province in Brazil. This project is the primary acquired asset and will be the subject of immediate
follow up in the field with surface and drill programs expected in Q2 and Q3 of 2025.
#2288 – 1177 W Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-629-8254
Web. www.goldhavenresources.com
GoldHaven Resources Corp.
News Release January 13, 2025 2
Copeçal Gold Project: Highlights
•Strategic ground positioning covering 3,681 hectares.
•Located within the Juruena Gold Province, a top ranked belt in Brazil.
•The claims are in a similar region and geology as Altamira Gold’s significant discoveries.
•60km from Alta Floresta, a 50,000-population centre with daily commercial flights from Mato
Grosso state capital, Cuiabá.
•Excellent Infrastructure (water, road access and energy).
•100% owned drill-ready project.
•Local, experienced and successful operations team in Brazil.
Copeçal Gold Project: Geology
•Located in the Juruena Belt, an extensive emerging magmatic arc domain comprising fertile
high-K calc alkaline plutonic and felsic volcanic rocks.
•Gold first discovered in the belt in the 1980’s.
•Historical gold production is largely informal and artisanal from surficial deposits.
•Potential for IRG Style Gold (Intrusive Related Gold), Porphyry style Copper – Gold, Epithermal
Gold, Orogenic Gold.
•Estimated $1 million USD exploration spent by previous operator.
#2288 – 1177 W Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-629-8254
Web. www.goldhavenresources.com
GoldHaven Resources Corp.
News Release January 13, 2025 3
Previous work included:
oGeological and structural mapping.
oStream sediment sampling generated anomalous basin.
oFollow up Soil Sampling generated extensive (6km strike) gold (+ arsenic) anomaly.
oIP and Magnetic Orientation Surveys.
oShallow Auger (49 holes) and Air core (6 holes) drilling confirmed in-situ bedrock source
for gold in soil anomaly.
Drill-ready:
oPeak Au and As in soil anomalies coincide with fold hinges in mapped schist unit.
o2 Priority Targets (East and West) defined and ready for deeper drilling.
oFigure 3: Gold anomaly illustrated in orange, Arsenic anomaly in purple.
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Boa Gold’s Additional Three Critical Mineral Projects:
•Extensive tenement package across 3 projects spanning 123,900 hectares: Bahia South, Bahia
North and Iguatu.
•Regional Neighbours Include: Rio Tinto, Foxfire Metals, Mars Mines, Altamira Gold and
Oceana Lithium.
•Geological suite favourable for hosting multi-element critical minerals.
#2288 – 1177 W Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-629-8254
Web. www.goldhavenresources.com
GoldHaven Resources Corp.
News Release January 13, 2025 4
Brazil is a Premier Mining Jurisdiction:
•Accounts for >30% of global iron ore production.
•Major Exporter: Leading exporter of lithium, tin, and manganese with substantial reserves of
gold, nickel, bauxite, and niobium.
•Pro-Mining Culture: Attracts significant foreign investment in the mining industry.
•No Governmental Ownership Mandate: Mining projects not mandated to be government-
owned.
•Honouring Agreements: Strong track record of honouring mining agreements.
•Economic Impact: Mining sector is a top three contributor to the 10th largest economy in the
World.
Summary of the Transaction: GoldHaven Acquires Boa Gold
Pursuant to the Amalgamation Agreement, on January 13 , 2025 (the “Closing Date”) GoldHaven
acquired all of the issued and outstanding common shares of Boa Gold (the “Boa Shares”) by way of a
three-cornered amalgamation (the “Transaction”) whereby Subco (a wholly-owned subsidiary of
GoldHaven formed for the purposes of the Transaction) and Boa Gold amalgamated pursuant to the
provisions of the Business Corporations Act (BC) to form Boa Brazil Development Corp., a wholly-
owned subsidiary of the Company. On closing of the Transaction (the “Closing”), all of the issued and
outstanding Boa Shares were cancelled and, in consideration for such Boa Shares, the holders of Boa
Shares received an aggregate of 5,759,957 units (the “Units”) of the Company, on the basis of two Boa
Shares for one Unit. Each Unit consists of one common share in the capital of GoldHaven (each, a “Unit
Share”) and one common share purchase warrant (each, a “Unit Warrant”), with each Unit Warrant
exercisable to purchase one common share of GoldHaven (each, a “Unit Warrant Share”) at a price of
$0.25 per Unit Warrant Share until January 13, 2027.
The Unit Shares, Unit Warrants, and any Unit Warrant Shares issued upon exercise of Unit Warrants are
subject to voluntary contractual restrictions on transfer for a period of six months. Fifty percent of the
Unit Shares will be released 4 months from the Closing Date and 50% will be released 6 months from the
Closing Date. Twenty-five percent of the Unit Warrants were released on the Closing Date, and an
additional 25% will be released on each of the first three monthly anniversaries of the Closing Date. Any
Unit Warrant Shares issuable upon exercise of Unit Warrants will be subject to the same restrictions as the
Unit Warrants.
About GoldHaven Resources Corp.
GoldHaven Resources Corp. is a Canadian junior exploration Company focused on acquiring and
exploring highly prospective land packages in North and South America. The Company’s projects include
the flagship Magno Project, a district-scale polymetallic property adjacent to the historic Cassiar mining
district in British Columbia. The Three Guardsman Project, which exhibits significant potential for copper
and gold-skarn mineralization. The Copeçal Gold Project, a drill-ready gold project located in Mato
Grosso, Brazil with a 6km strike of anomalous gold in soil samples. Three Critical Mineral projects with
extensive tenement packages totalling 123,900 hectares: Bahia South, Bahia North and Iguatu projects
located in Brazil.
#2288 – 1177 W Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-629-8254
Web. www.goldhavenresources.com
GoldHaven Resources Corp.
News Release January 13, 2025 5
The scientific and technical information disclosed in this document has been reviewed and approved by
Jonathan Victor Hill BSc Hons, FAUSIMM, a Qualified Person consistent with National Instrument
43-101 Standards of Disclosure for Mineral Projects.
On Behalf of the Board of Directors
Bonn Smith, Chief Executive Officer
For further information, please contact:
Bonn Smith, CEO
www.GoldHavenresources.com
Office Direct: (604) 629-8254
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking statements and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”,
“expects” and similar expressions. All statements other than statements of historical fact, included in this
news release are forward-looking statements that involve risks and uncertainties. Forward-looking
statements in this press release include, but are not limited to, statements regarding the anticipated
benefits of the Transaction and the development of the Company’ s business following the Transaction,
such as the potential of the Copeçal Gold Project, the initiation of a surface and drill program in the
coming months aimed at unlocking value for the Company’ s shareholders, the Company’ s position in the
gold and critical minerals sector following the Transaction, the potential of the Company’ s existing
mineral projects, and future or expected growth of the Company in the years to come. There can be no
assurance that such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to
differ materially from the Company’s expectations include but are not limited to market conditions and
the risks detailed from time to time in the filings made by the Company with securities regulator, which
are available on the Company’ s SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that
assumptions used in the preparation of any forward-looking information may prove to be incorrect.
Events or circumstances may cause actual results to differ materially from those predicted, as a result of
numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the
control of the Company. The reader is cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary
statement. The forward-looking statements contained in this news release are made as of the date of this
news release and the Company will update or revise publicly any of the included forward-looking
statements only as expressly required by applicable law.
#2288 – 1177 W Hastings Street, Vancouver, BC V6E 2K3 • Tel. 604-629-8254
Web. www.goldhavenresources.com