Rockhaven Completes Exploration Program at its Klaza Gold-Silver Project, Yukon
510 – 1100 Melville Street
Vancouver, BC V6E 4A6
604-687-2522
www.rockhavenresources.com
Rockhaven Completes Exploration Program at its Klaza Gold-Silver
Project, Yukon
October 12, 2022 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to
announce the completion of the 2022 exploration program at its 100% owned and road accessible
Klaza property, located in the Dawson Range Gold Belt of southern Yukon.
The program utilized two diamond drill rigs that completed a total of 12,042 m of drilling in 69
holes. The 2022 work program focused on advancing Klaza towards Pre-feasibility by achieving
the following objectives:
• Further Definition of Resources – 43 holes were completed to assist in the upgrading of
inferred resources to indicated resource s. These holes are the final phase of resource
drilling that will be done before Pre-feasibility studies commence. Combined with 2021
infill drilling, approximately 16,000 m of infill drilling has been completed to upgrade the
2018 mineral resource to the indicated category.
• Resource Expansion Potential – 8 holes tested the eastern portion of the Central BRX
Zone which lies immediately adjacent to, but outside of the existing mineral resource and
the currently envisioned mine plan, as presented in the 2020 Pr eliminary Economic
Assessment (See PEA Press Release dated July 13, 2020). This drilling was designed to
increase confidence in continuity of mineralization in the area, allowing it to be potentially
added to future resource calculations as an indicated resource. This drilling has extended
the Central BRX Zone 280 m along strike of the existing mineral resource to the south-
east.
• Evaluation of Outside Targets – 2 drill holes evaluated the potential of the Western BRX
Extension Zone, which returned 1,160 g/t Ag over 0.54 m from a single drill hole in 2021
(see Rockhaven Press Release dated December 15, 2021) . In addition to the drilling, a
total of 1.7 km of excavator trenching was completed over two areas hosting multi-element
soil geochemical anomalies and another 632 soil samples were collected in areas of interest
across the property.
• Geotechnical Open Pit and Surface Infrastructure Drilling – 16 geotechnical drill holes
were completed to support Pre-feasibility open pit studies. Additionally, 280 m o f sonic
drilling over 16 holes was carried out to map overburden layers underneath the proposed
tailings and mill site areas . Both the geotechnical and sonic drilling data will be used to
support advanced studies required to complete the Pre-feasibility study.
• Metallurgy, Tailings and Permitting Advancement – Over 1,000 kg of core samples
were collected for m etallurgical test work, including p re-concentration, flotation and
concentrate optimization, which will be conducted at a Pre-feasibility level on material
from the known deposit . The amenability of tailings to filtration will also be studied to
further evaluate the potential for dry stack tailings disposal methods . Permitting-related
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studies continue with quarterly , ground and surface water sampling and weather
monitoring.
“The 2022 program was designed to upgrade as many of the remaining inferred mineral resources
to the indicated category as possible for their inclusion in the upcoming Pre-feasibility stud y.
Additionally, all of the required information from site-based work was collected, which included
geotechnical, ground stability, environmental and metallurgical data. We anticipate the
completion of the fully-funded Pre-feasibility study by mid -2023.” stated Matt Turner,
Rockhaven’s CEO. “Thanks to the hard work of our crews and contractors, we were able to stay
within budget and accommodate an extra 2,000 m of drilling which should add to the overall
project economics. Additionally, we carried out a 10-day work program on some of our most
compelling regional targets and eagerly await assays.”
Detailed maps showing the locations of completed drill holes can be viewed on the Rockhaven
website at www.rockhavenresources.com. Results from the 2022 program will be released once
assays have been received, compiled and evaluated.
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 well-funded explorer focused on the exploration and development
of its 100% -owned, camp -scale Klaza Property, which hosts the Klaza Deposit and numerous
lightly explored exploration targets. Rockhaven has completed a mineral resource estimate and a
preliminary economic assessment on the Klaza deposit (see Klaza Property Technical Report with
an effective date of July 10, 2020 and titled, “Technical Report and Preliminary Economic
Assessment Update for the Klaza Property, Yukon, Canada.” which can be viewed at
www.sedar.com under the Rockhaven profile or on the Rockhaven 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.
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Information contained in this news release contains forward-looking statements. These statements
reflect management ’s current estimates, beliefs, intentions and expectations; they are not
guarantees of future performance. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by the words “upgrade”, “potential”,
“anticipate”, “possible”, “ amenability”, “ should”, “objective s”, “definition” and similar
expressions, or that events or conditions “may”, “could” or “will” occur. Rockhaven cautions that
all forw ard-looking statements are inherently uncertain , and that actual performance may be
affected by a number of material factors, many of which are beyond the control of Rockhaven.
Such factors include, among other things: risks and uncertainties relating to exploration and
development and the results thereof, including the results of the recently completed drill program,
the impact on mineral resource estimates, the potential for new discoveries including porphyry
deposits, and the results of planned metallurgical programs, as well as the ability of Rockhaven to
obtain additional financing, the need to comply with environmental and governmental regulations,
fluctuations in the prices of commodities, operating hazards and risks, competition and other risks
and uncertainties, including those described in Rockhaven’s financial statements available under
the Rockhaven profile at www.sedar.com. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs, intentions and expectations expressed or
implied in the forward -looking information. Except as required under applicable securities
legislation, Rockhaven undertakes no obligation to publicly update or revise forward -looking
information.