Business
Rockhaven Resources Intersects 10.55 g/t Gold Over 1.42 m in a New Vein Zone at Klaza Project, Yukon
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 8, 2016) - Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce the discovery of a n
About this update from Rockhaven Resources Ltd.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 8, 2016) - Rockhaven Resources Ltd. (TSX VENTURE:RK) (\"Rockhaven\") is pleased to announce the discovery of a new, near-surface gold-rich vein zone at its 100% owned Klaza property, located in the Dawson Range Gold Belt of southern Yukon. The new zone contains three veins and has been named the Rex Zone. It lies 1,100 m south of the Eastern BRX Zone, the closest of the zones comprising the current mineral resource. The area around the Rex Zone had only seen surface exploration prior to the discovery hole (KL-16-314). The discovery of the new gold-rich structures was made while testing a strong chargeability anomaly at depth within the Kelly porphyry zone. The Rex Zone is distinguished from other vein zones on the property by moderate copper values but only trace to background levels of lead, zinc and arsenic. The following table lists significant vein intersections within hole KL-16-314. Drill Hole From (m) To (m) Interval (m)* Gold (g/t) Silver (g/t) Copper (%) KL-16-314 32.61 34.00 1.39 5.90 1.74 0.006 39.75 41.17 1.42 10.55 44.70 0.315 57.00 58.48 1.48 7.74 23.90 0.641 *Represents the sample length. True widths are estimated to be approximately 80-90% of each interval. \"The fortuitous discovery of multiple, closely spaced veins in an under-explored part of the property further demonstrates the vast untested potential of the Klaza project,\" stated Matt Turner, Rockhaven's CEO. \"Much work still has to be done to fully evaluate the Kelly porphyry target, and fortunately this work can be done in conjunction with the further exploration of the Rex Zone.\" Porphyry Mineralization Two diamond drill holes (KL-16-309 and KL-16-314), totalling 904.58 m, were completed within the Kelly porphyry zone in order to test the core area of the 2,400 m by 2,200 m chargeability anomaly reported in Rockhaven's news release dated August 10, 2016. Mineralization in these holes consists primarily of pyrite with lesser chalcopyrite and rare coarse-grained native arsenic. Assays from intervals within the chargeability anomaly yielded weakly elevated levels of copper and gold. The types of alteration and mineralization identified with...