Business
Rockhaven Resources Drills 10.12 Metres of 1.16 g/t Gold at Klaza Project
VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven") is pleased to announce the results for the rema
About this update from Rockhaven Resources Ltd.
[{"type":"text","content":"VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Rockhaven Resources Ltd. (TSX-V:RK) (\"Rockhaven\") is pleased to announce the results for the remaining seven diamond drill holes and other exploration activities conducted during the reconnaissance phase of the 2017 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 in this release are from diamond drilling, excavator trenching, soil sampling and ground geophysical surveys that were designed to evaluate prospective areas of the Klaza property, which lie outside of the known mineral resource areas. The program successfully identified seven new mineralized zones and a number of geochemical and geophysical anomalies, which are priority targets for follow-up drilling in 2018. Highlights from this news release include: A series of new mineralized veins were discovered in a single drill fence completed north of the current resource area, returning 1.16 g/t gold and 18.7 g/t silver over 10.12 m, 12.60 g/t gold and 312 g/t silver over 0.46 m, 9.43 g/t gold and 180 g/t silver over 0.86 m, and 5.63 g/t gold and 91.4 g/t silver over 0.94 m; Trenching and prospecting samples collected at the Victoria Target, southeast of the newly discovered veins, returned a chip sample grading 4.95 g/t gold and 135 g/t silver over 1.5 m and rock samples with peak values of 35.3 g/t gold and 1,145 g/t silver; and, A new prospecting discovery at the Rusk Target, 5 km south of the current resource area, identified northwest trending linear structures where the peak value from rock sampling returned 2.82 g/t gold and 2,070 g/t silver. “We are excited by the discovery of multiple mineralized structures north of the Klaza Zone and consider these structures high priority targets for diamond drilling in 2018,” stated Matt Turner, Rockhaven’s CEO. “These new structures are located within 500 m of the currently envisioned open pit and are similar in character to the known zones that host the current inferred resource of 1,360,000 gold ounces.” Northern Drill Fence A fence, comprising five diamond drill holes, was completed north of the Central Klaza Zone to test an area where no mechanized exploration had been completed pr...