GoldHaven Resources Completes Auger Drill Program at Copeçal Gold Project in Mato Grosso, Brazil
GoldHaven Resources Completes Auger Drill Program at Copeçal Gold
Project in Mato Grosso, Brazil
Vancouver, British Columbia – (GlobeNewswire) – July 8 th, 2025, GoldHaven Resources Corp.
(“GoldHaven” or the “Company”) (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce
completion of its initial Auger drill program at the Copeçal Project, Brazil which commenced on June 9th,
2025. A total of 107 auger holes were successfully drilled, delivering 2,153.4 metres of subsurface coverage
and marking a significant milestone in exploration efforts.
The Auger drill program included 92 Auger holes which systematically covered the main area of the east
anomaly on a 100m x 50m grid while a further 15 reconnaissance holes targeting geochemical – structural
targets projected towards the south-east from the western anomaly. Holes were drilled from surface to the
weathered rock (regolith) – fresh rock interface or to a maximum depth of 30m. The average hole depth
was 20.13 meters with the hole depth range of 2m – 30m.
Figure 1: Auger Drilling program completed 15 reconnaissance holes targeting geochemical – structural targets
projected towards the south-east from the western anomaly
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Figure 2: Auger Drilling program completed 92 Auger holes which systematically covered the main area of the east
anomaly on a 100m x 50m grid
A total of 1,325 samples, including QAQC samples, have been shipped to ALS Global Laboratories for
analysis. Sample preparation is being undertaken at ALS’s facility in Cuiabá, Brazil , with final low
detection fire assay analysis completed via their laboratory in Belo Horizonte , Brazil. To ensure rigorous
QA/QC protocols, sampling was conducted at consistent 2- metre intervals down the drill hole. Quality
control samples—including blanks, certified standards, and duplicates—were inserted at a rate of 10% of
the total sample batch. These QA/QC measures adhere to industry best practices and align with the quality
assurance standards of ALS Global Laboratories. Assay results are expected to be reported in late July or
early August.
Samples from the Auger program , which included soil – saprolite and remnant rock fragments were
geologically logged to inform the ongoing preparation of a 3D geological – lithogeochemical model for the
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East Anomaly. Initial observations suggests that a reas where the depth to bedrock exceeds 20m reflect a
more pronounced, deeper regolith profile developed over potentially mineralized and hydrothermally
altered areas where the bedrock granite gneiss and schist has been more highly sheared and preferentially
weathered. These observations are supported by the presence of sericite alteration coincident with
disseminated limonitic boxwork (after pyrite) logged in samples collected from a number of the deeper
Auger holes.
Rob Birmingham, CEO of GoldHaven Resources, commented: “We are pleased to announce the
successful completion of our auger drilling program at the Copeçal Gold Project, with a total of 2,153.40
meters drilled. All assay samples have been shipped for analysis. While our initial efforts were focused on
the east target, we are particularly encouraged to have concluded the program by drilling the more
prominent anomaly on the west target. Our attention now turns to the upcoming Very Low Frequency (VLF)
electromagnetic geophysical survey, expected to commence mid -month, which will enhance our
understanding of the structures within the east and west targets, as well as highlight additional prospective
zones across the property.
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Figure 3: Image from the Copeçal Auger Drill program highlighting completion of samples being prepared to ALS
Global Laboratory
VLF-EM Survey Overview
Looking ahead, GoldHaven anticipates launching a Drone -borne Very Low Frequency (VLF)
Electromagnetic Survey in July (referred to in Figure 4). This survey will target the structural trends
believed to be favorable hosts for gold mineralization , covering both the East and West Gold- in-Soil
anomalies as well as their potential strike extensions. The integration of VLF -EM geophysics with auger
geochemistry will provide a robust framework for finalizing diamond drill collar locations, thereby
maximizing the efficiency and effectiveness of future drilling campaigns
Figure 4: Copeçal Project showing the location of the Priority East and West Targets with VLF-EM survey lines (in
yellow) over AU anomalies
About the Copeçal Gold Project: A Brief History
The Copeçal Gold Project is strategically situated within the Alta Floresta Gold Province, a historically
productive region that has yielded substantial gold discoveries since the late 1970s. GoldHaven’s tenements
cover a total of 3,681 hectares in a geologically favourable setting within the Juruena Gold Province of
Brazil.
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The Juruena Gold Province, also known as the Juruena Magmatic Arc, is an orogenic belt highly prospective
for mesothermal shear -related and intrusion- related gold deposits, such as G -Mining’s Tocantinzinho
deposit. Additionally, the region hosts recently i dentified porphyry-style deposits (e.g., Serabi, Jaca) and
epithermal-style deposits (e.g., X1, Aura). The presence of multiple deposit styles, along with the
confirmation of large -scale gold deposits in the Juruena Province of Brazil, underscores the significant
potential of the Copeçal Gold Project.
Recent exploration programs, including geochemical soil sampling, drone-mounted magnetometry surveys,
and historical drilling data, indicate the presence of multiple gold-bearing structures. Notably, AngloGold
Ashanti previously conducted systematic exploration on the property from 2010 to 2016, including auger
and air-core drilling, geophysical surveys, and rock geochemistry, identifying multiple zones of anomalous
gold mineralization.
The Copeçal Gold Project benefits from extensive historical work, with AngloGold Ashanti’s exploration
confirming gold and arsenic anomalies, indicative of significant mineralization potential. Soil sampling
grids and follow -up auger drilling in key areas revealed consistent gold values over wide zones, further
supporting the presence of a substantial mineralized system.
Figure 5: Location of the Copecal Gold Project within the prolific Juruena Gold Belt
Engaged Fairfax Partners Inc.
On July 8th, 2025, the Company entered into a consulting agreement with Fairfax Partners Inc. ("Fairfax").
Pursuant to the consulting agreement, Fairfax has agreed to provide specialized consulting services,
including content creation and management, to support the Issuer' s growth and communication with
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investors. The consulting agreement will remain in effect for a period of one (1) month commencing on
July 8th, 2025. In accordance with the terms and conditions of the consulting agreement and as consideration
for the services provided by Fairfax, the Company agreed to pay an aggregate cash fee of up
to CAD$65,000, plus applicable taxes, at the Company’s discretion.
The Company will not issue any securities or options to purchase securities to Fairfax as compensation for
its services.
The contact information for Fairfax is: Fairfax Partners Inc., #306 - 1238 Seymour St., Vancouver, BC,
V6B 6J3. The Contact person of Fairfax is Daniel Southan- Dwyer, Phone: +1 604- 366-6277;
Email: [email protected].
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 (i) the flagship Magno Project, a district-scale polymetallic property adjacent to the historic
Cassiar mining district in British Columbia; (ii) the Three Guardsman Project, which exhibits
significant potential for copper and gold-skarn mineralization; (iii) the Copeçal Gold Project, a
drill-ready gold project located in Mato Grosso, Brazil with a 6km strike of anomalous gold in soil
samples; and (iv) three critical mineral projects with extensive tenement packages totalling
123,900 hectares: Bahia South, Bahia North and Iguatu projects located in Brazil.
Qualified Person:
The scientific and technical information disclosed in this document has been reviewed and approved by
Jonathan Victor Hill, B.Sc. Hons, FAusIMM, a Qualified Person consistent with NI 43-101 and Country
Manager of GoldHaven.
On Behalf of the Board of Directors
Rob Birmingham, Chief Executive Officer
For further information, please contact:
Rob Birmingham, CEO
www.GoldHavenresources.com
Office Direct: (604) 629-8254
The CSE and Information Service Provider have not reviewed and does not accept responsibility for the
accuracy or adequacy of this release.
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Forward-Looking Statements
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securities legislation. Often, but not always, forward-looking information and information can be identified
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certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
Actual future results may differ materially. In particular, this news release contains forward -looking
information relating to the Company and the Property. The forward -looking information reflects
management's current expectations based on information currently available and are subject to a number of
risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward -
looking information. Such risk factors may include, among others, but are not limited to: general economic
conditions in Canada and globally; industry conditions, including governmental regulation and
environmental regulation; the availability of capital on acceptable terms; the need to obtain required
approvals from regulatory authorities; stock market volatility; competition for, among other things, skilled
personnel and supplies; incorrect assessments of the value of acquisitions; geological, technical, processing
and transportation problems; changes in tax laws and incentive programs; failure to realize the anticipated
benefits of acquisitions and dispositions; and the other factors. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance
should not be placed on such information and no assurance can be given that such events will occur in the
disclosed time frames or at all. Factors that could cause actual results or events to differ materially from
current expectations include: (i) adverse market conditions; and (ii) other factors beyond the control of the
Company. New risk factors emerge from time to time, and it is impossible for the Company’s management
to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or
the extent to which any factor, or combination of factors, may cause actual results to differ from those
contained in any forward- looking information. The forward- looking information included in this news
release are made as of the date of this news release and the Company expressly disclaims any intention or
obligation to update or revise any forward- looking information whether as a result of new information,
future events or otherwise, except as required by applicable law. Additional information identifying risks
and uncertainties that could affect financial results is contained in the Company’s filings with Canadian
securities regulators, which are available on the Company’s profile at www.sedarplus.ca.