Rockhaven Completes Diamond Drill Program at its Klaza Gold-Silver Project, Yukon
1016 – 510 West Hastings Street
Vancouver, BC V6B 1L8
604-687-2522
www.rockhavenresources.com
* Gold equivalent values assume $1,400/oz Au, $19/oz Ag, $1.10/lb Pb, and $1.25/lb Zn, and variable recoveries for the different metals.
Rockhaven Completes Diamond Drill Program at its Klaza Gold-Silver
Project, Yukon
October 24, 2019 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven” or the “Company”)
is pleased to announce the successful completion of the 2019 diamond drill program at its 100%-
owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern
Yukon.
The 2019 program include d 5,750 m of diamond drilling in 33 holes at a cost of $1.5 million .
Two drill rigs were utilized to define and evaluate targets that lie adjacent to the zones containing
the 2018 mineral resource estimate . This estimate includes indicated resources of 4.5 Mt
containing 686,000 oz gold and 14,071,000 o z silver at grades of 4.8 g/t gold and 98 g/t
silver, and inferred resources of 5.7 Mt containing 507,000 oz gold and 13,901,000 oz silver at
grades of 2.8 g/t gold and 76 g/t silver (see Klaza Property Technical Report dated August 2,
2018).
“The 2019 drilling was completed in only 29 days, and visual inspection of core suggests that the
known veins were intersect ed where expected and that new mineralized structures were
discovered in a number of the exploration holes ,” stated Matt Turner, Rockhaven’s CEO. “ I
wish to congratulate the Rockhaven exploration team , both past and present, as we have just
surpassed 100,000 m of total diamond drilling since acquiring the Klaza project in 2010 . This
milestone is highlighted by an uncommonly high success rate , with better than 16 ounces gold
equivalent* per metre drilled and mineralized veins in 95% of the holes.”
Exploration drilling evaluated high-grade gold and silver targets in lightly explored zones that
are sub-parallel to the known resources. These targets included the Central and Western Pearl,
Eastern Dickson and newly discovered Eastern Chevron zones. The Central Pearl Zone was
discovered in 2017 in a single drill hole that cut numerous mineralized structures at depth. The
2019 exploration program successfully tested up-dip and along-strike of the discovery intercepts.
In addition to expan ding the Pearl Zone, exploration work le d to the discovery of the Eastern
Chevron Zone, which was first exposed during drill pad construction for a hole design ed to test
the more northerly Eastern Dickson Zone. Following t his discovery, the drill collars were
stepped back in order to test the newly identified mineralization. Significant veining was cut in
both zones.
Definition drilling was completed at the Eastern BRX, AEX, Stroshein, and Pika zones, where
bulk tonnage, cyanide leachable mineralization is hosted in broad bands situated alongside and
along-strike of the known mineral resources. This drilling focused on potentially pit-constrained
portions of these zones, and results will facilitate deposit m odelling and future resource
estimation. Multiple veins were intersected in all of the definition holes.
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Assay results from the 2019 diamond drill hole program will be released once assays have be en
received, compiled and evaluated. It is assumed that the first round of results will be ready in the
next few weeks.
Appointment of Chairman
Rockhaven would also like to announce the appointment of Robert C. Carne M.Sc., P.Geo. as
Chairman. Mr. Carn e has served on the Rockhaven Board of Directors since 200 8 and as its
President from 2008 to 2015. The Rockhaven Board of Directors would like to thank Mr. Carne
for his expanded role within the Company.
Qualified Persons
Technical information in this news release has been approved by Matthew R. Dumala, P.Eng., a
geological engineer with Archer, Cathro & Associates (1981) Limited and qualified person for
the purpose of National Instrument 43-101.
About Rockhaven
Rockhaven Resources Ltd. is a mineral exploration company focused on growth through the
advancement of its Klaza project. For additional information concerning Rockhaven or its Klaza
project please visit Rockhaven’s website at www.rockhavenresources.com.
Matthew Turner
President, CEO and Director
Rockhaven Resources Ltd.
T:604-687-2522
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain forward looking statements based on assumptions and judgments of management
regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors
beyond its control, and actual results may differ materially from the expected results.