RK / Rockhaven Resources. Growing high grade Deposit

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RK / Rockhaven Resources. A Growing high grade deposit in Yukon

Rockhaven Resources has a high-grade hit at Klaza that bodes well for a resource update.

RK/ Rockhaven ... 10yr: 5yr: from 2021: 2022: Ytd: 10d/ - last: $0.075 +0.015

10yr: 5yr:

=== compared with SMD...

RK.v /2020: '22: Ytd: 10d: $0.065 x 276M sh.= MktCap. $17.95M. / SMD:$0.29= 22.4% . RK-BV=0.17 cash $3.7M

276.1 M shs x 0.075= C$20.7M ... vs. BV: 0.17.   x30%= $ 6.2M held by SMD / > Presentation: Dec.2022

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Good Drill results

RK BID yesterday:  up +25% on 836k shares

0.075

+0.015

25.0

836.1

58

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Rockhaven drills 1.3 m of 101g/t Au, 107g/t Ag at Klaza

2023-01-18 09:27 ET - News Release

Mr. Matt Turner reports

ROCKHAVEN DRILLS RESOURCE STEP-OUT HOLE GRADING 101 G/T GOLD & 107 G/T SILVER OVER 1.30 M AT ITS KLAZA GOLD-SILVER PROJECT, YUKON

Rockhaven Resources Ltd. has released the first assay results from the 2022 exploration program at its 100-per-cent-owned and road-accessible Klaza property. The Klaza property is located within the Dawson Range gold-copper belt of southern Yukon, a prolific belt that hosts several important mineral deposits, including Minto Metals' Minto mine, Western Copper and Gold's Casino deposit and Newmont's Coffee deposit.

2022 program

During the summer of 2022, a total of 12,042 metres of drilling were completed in 69 holes at Klaza. The work program was designed to advance Klaza toward an updated mineral resource estimate1 and prefeasibility study by attaining the following objectives: (i) recategorization of prioritized inferred mineral resources into indicated mineral resources; (ii) expansion of the total mineral resource; (iii) collection of samples for advanced-stage metallurgical testwork; (iv) completion of additional geotechnical drilling for optimized open-pit and underground engineering; and (v) evaluation of some of the exploration targets that lie outside of the known mineral resource areas through excavator trenching, soil sampling and prospecting.

Highlights

Highlight assays from this press release include:

• 101.5 grams per tonne gold and 107 g/t silver over 1.3 m, starting at 64 m (KL-22-624);
• 2.18 g/t gold and 199 g/t silver over 13.29 m, starting at 193 m (KL-22-579);
• 6.91 g/t gold and 37 g/t silver over 6.62 m*, starting at 29 m (KL-22-563);
• 18.85 g/t gold and 347 g/t silver over 1.11 m, starting at 93 m (KL-22-576).

All of the results in this news release are from 22 holes drilled in 2022 within the Central BRX and Eastern BRX zones and the adjacent AEX zone. Results from the remaining 47 holes completed in other zones will be released in subsequent news releases.

Rockhaven's president and chief executive officer, Matt Turner, commented: "Results from 2022 drilling at the Central BRX zone confirm, and build upon, earlier results. These results are expected to grow the total mineral resource at Klaza and upgrade mineral resources previously defined at inferred to the indicated category.

"Additionally, eight holes that tested the eastern projection of the BRX zone returned promising results that lie outside of the current mineral resource estimate. The main mineralized structure was intersected in all of these holes, with the best intercept returning 101 g/t gold over 1.3 m in hole KL-22-624.

"Positive results were also obtained from the *subparallel AEX zone, located immediately south of the BRX zone, including the strongest intercept to date from that zone, averaging 6.91 g/t gold over 6.62 m in hole KL-22-563...

(more)

About Rockhaven Resources Ltd.

Rockhaven Resources is a well-financed explorer focused on the exploration and development of its 100-per-cent-owned, camp-scale Klaza property, which hosts the Klaza deposit and numerous lightly explored exploration targets.

> https://www.stockwatch.com/News/Item/Z-C!RK-3354463/C/RK

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VIDEOS

Rockhaven Resourcs, Klaza Mining Project - Summer 2022

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