Rockhaven Resources Ltd. Intersects 94.09 g/t Gold and 545 g/t Silver over 2.63 m and 17.80 g/t Gold and 257 g/t Silver over 6.54 m at Klaza Project, Yukon
1016 – 510 West Hastings Street
Vancouver, BC V6B 1L8
604-687-2522
www.rockhavenresources.com
Rockhaven Resources Ltd. Intersects 94.09 g/t Gold and 545 g/t Silver over 2.63 m
and 17.80 g/t Gold and 257 g/t Silver over 6.54 m at Klaza Project, Yukon
October 16, 2017 - Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven") is pleased
to announce assay results for an additional seven diamond drill holes from the 2017
exploration program at its 100% owned Klaza gold -silver property, located in the
Dawson Range Gold Belt of southern Yukon.
A total of 15,922 m in 96 holes were completed during the 2017 exploration program .
Results from the first 49 holes were released on September 12 and September 26 , 2017.
Holes in this r elease are from the Western BRX Zone, where i nfill drilling in 2017 was
designed to better define near-surface mineralization so that inferred resources can be
upgraded to indicated resources.
Assay highlights from this news release include:
94.09 g/t go ld, 545 g/t silver, 2.86% lead and 4.21% zinc over 2.63 m including
196 g/t gold, 608 g/t silver, 1.24% lead and 7.29% zinc over 0.91 m – Hole 401
17.80 g/t gold, 257 g/t silver, 1.28% lead and 1.81% zinc over 6.54 m – Hole 398
30.80 g/t gold, 86.8 g/t silver, 1.19% lead and 0.85% zinc over 2.32 m – Hole 396
9.01 g/t gold, 150 g/t silver, 0.57% lead and 1.68% zinc over 2.53 m – Hole 400
23.90 g/t gold, 222 g/t silver, 3.11% lead and 2.06% zinc over 1.10 m – Hole 397
“The infill drill program at the Western BRX Zone is confirming both the exceptional
vein continuity and the high -grade nature of mineralization at one of the premier gold
deposits in Yukon,” stated Matt Turner, Rockhaven’s CEO . “All of the results present ed
in this release are from holes that targeted mineralization less than 100 m vertically below
surface but beneath the proposed open pit, as presented in the 2016 Preliminary
Economic Assessment (PEA). Based on these excellent results it is possible that the
envisioned open pit at the Western BRX Zone will be deepened , increasing the
proportion of mineral resources extracted from lower-cost, open -pit mining in the first
years of operations.”
Western BRX Zone
The Western BRX Zone currently hosts an inferred mineral resource estimate of
1,368,000 tonnes containing 352,000 oz gold, 5,813,000 oz silver, 39.4 million lbs lead
and 42.8 million lbs zinc at an average grade of 8.01 g/t gold, 132 g/t silver, 1.31%
lead and 1.42% zinc (See March 1, 2016 Preliminary Economic Assessment on the
Rockhaven website (www.rockhavenresources.com)).
Mineralized veins are emplaced adjacent to a feldspar porphyry dyke that can be traced
along the length of the zone. Since its discovery in 2011, a total of 9 excavator trenches
2
and 68 diamond drill holes have traced mineralization over a 500 m strike length and
from surface to a maximum depth of 520 m down-dip.
Results from another 10 holes that tested the Western BRX Zone and the 30 holes that
tested other zones on the Klaza property will be released upon receipt of assays.
Maps and sections from the 2017 exploration program can be viewed at Rockhaven’s
website.
Significant new drill results from the Western BRX Zone and a sub sidiary vein in the
hanging wall are shown in Table I.
Table I – Significant Assay Results
(Western BRX Zone=WBRX and Subsidiary Vein=Bonus)
Drill Hole Zone ID From
(m)
To
(m)
Interval
(m)+
Gold
(g/t)
Silver
(g/t)
Lead
(%)
Zinc
(%)
KL-17-396 WBRX 109.12 116 6.88 13.10 78.7 1.094 1.212
including WBRX 110.45 112.77 2.32 30.80 86.8 1.193 0.847
including WBRX 110.45 110.95 0.50 64.10 177 0.416 0.602
KL-17-397 WBRX 67.90 69.00 1.10 23.90 222 3.110 2.060
KL-17-398 WBRX 119.62 126.16 6.54 17.80 257 1.276 1.810
including WBRX 119.62 120.11 0.49 57.90 1055 3.340 3.420
including WBRX 122.62 126.16 3.54 24.35 319 1.835 2.750
including WBRX 124.00 124.52 0.52 62.60 550 1.660 3.690
KL-17-399 Bonus 8.09 9.18 1.09 1.70 14.15 0.142 0.256
and WBRX 74.91 75.49 0.58 1.28 26.8 0.161 0.214
KL-17-400 Bonus 27.14 29.57 2.43 1.32 0.77 0.018 0.193
and Bonus 34.34 35.48 1.14 1.82 8.8 0.150 0.091
and WBRX 100.11 102.64 2.53 9.01 150 0.570 1.679
including WBRX 100.11 100.71 0.60 28.90 416 1.495 4.54
KL-17-401 Bonus 54.06 57.00 2.94 3.49 37.1 0.398 1.199
including Bonus 56.56 57.00 0.44 18.55 189 1.700 5.070
and WBRX 108.63 111.26 2.63 94.09 545 2.858 4.213
including WBRX 109.81 110.72 0.91 196.00 608 1.235 7.290
KL-17-402 WBRX 107.96 108.29 0.33 11.60 105 0.374 0.233
and WBRX 112.86 114.6 1.74 4.44 5.75 0.059 0.151
including WBRX 114.04 114.6 0.56 12.40 14.15 0.156 0.377
and WBRX 118.78 119.23 0.45 14.65 105 0.847 1.915
+ Represents the diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
QAQC
3
All analyses for roc k and core samples from the 2017 program were performed by ALS
Minerals with sample preparation in North Vancouver, Whitehorse , Yellowknife or
Thunder Bay and assays and geochemical analyses in North Vancouver. Core samples
were routinely analyzed for gold by fire assay followed by atomic absorption (Au -AA24)
and 48 other elements by ind uctively coupled plasma -mass spectrometry (ME -MS61).
Samples that exceeded the detection limits of the routine methods were assayed for silver,
copper, lead and zinc by inductively coupled plasma -atomic emission spectroscopy
(Ag/Cu/Pb/Zn - OG62) and gold b y gravimetric analysis (Au -GRA22). Rigorous
procedures were in place regarding sample collection, chain of custody and data entry.
Certified assay standards, coarse reject duplicates, field duplicates and blanks were
routinely inserted into the sample stre am to ensure integrity of the assay process. All of
the results reported have passed the QAQC screening.
Additional information about the Klaza property Mineral Resource and Preliminary
Economic Assessment is summarized in Rockhaven’s March 1, 2016 techni cal report
titled, “Technical Reports and PEA for the Klaza Au -Ag deposit, Yukon Canada for
Rockhaven Resources Ltd.” which can be viewed at www.sedar.com under the
Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com.
The 2017 program was managed by Archer, Cathro & Associates (1981) Limited (Archer
Cathro). Technical information in this news release has been approved by Matthew R.
Dumala, P.Eng., a geological engineer with Archer C athro 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 Roc khaven
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.