Rock Haven Resources

Published : July 22nd, 2015

Rockhaven Resources Ltd. Announces 95% Gold Recovery in Lock-Cycle Flotation Testing at the Klaza Project, Yukon

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Keywords :   Antimony | Cadmium |

Rockhaven Resources Ltd. Announces 95% Gold Recovery in Lock-Cycle Flotation Testing at the Klaza Project, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 22, 2015) - Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce updated metallurgical results for its 100%-owned, road accessible Klaza property located in the Dawson Range Gold Belt of southern Yukon. Metallurgical testing was conducted by Blue Coast Research Ltd. on three zone-specific and one property-wide composite.

Highlights from this test program include:

  • 95% combined gold recovery with 65% of the recovered gold produced as doré
  • 91% combined silver recovery to high value base metal concentrates or doré
  • High recoveries with the same flowsheet on all zones as well as a blended composite

"We're highly encouraged by these outstanding metallurgical results," stated Matt Turner, CEO of Rockhaven Resources. "Not only have recoveries increased substantially, we now have increased confidence that the same process works on all zones and at resource grades."

The locked cycle flotation test, followed by pressure oxidation (POX) and carbon-in-leach (CIL) cyanidation of a gold-bearing sulphide concentrate, on a project-wide composite (PWC), yielded overall recoveries of 95.0% gold, 90.8% silver, 91.2% zinc, and 84.6% lead to potentially saleable products. Grades and recoveries of each product are given in the following table.

Product Assays
Au
(g/t)
Ag
(g/t)
Pb
(%)
Zn
(%)
Lead concentrate 106.4 4092.8 49.2 3.9
Zinc concentrate 16.9 1379.3 2.0 47.5
Product % Distribution
Au Ag Pb Zn
Lead concentrate 26.1 54.3 84.6 4.1
Zinc concentrate 7.5 33.2 6.3 91.2
POX-CIL gold extraction* (doré) 58.9 0.8
Tails leach (doré) 2.5 2.4
TOTAL Recovery 95.0 90.8 84.6 91.2
*POX-CIL gold extraction is from a gold-rich arsenopyrite-pyrite concentrate, totaling 12% of the feed, floated after the lead and zinc concentrates are floated.

Metallurgical Test Program

The process flowsheet consists of lead flotation, followed by zinc flotation, and then by arsenopyrite-pyrite flotation. The arsenopyrite-pyrite concentrate is then pressure oxidized to liberate the gold and leached with cyanide. The overall flotation tails are also leached with cyanide. Final products from this process are precious-metal rich lead and zinc concentrates and gold as doré.

Metallurgical test work was conducted by Blue Coast Research Ltd. at its Parksville, British Columbia facility under the guidance of Chris Martin, C.Eng. The work included 33 batch flotation tests, one locked-cycle flotation test, three cyanide leach tests and one POX and CIL cyanide leach test. Batch tests were conducted on variability composites from each of the Western Klaza, Central Klaza and Western BRX zones, as well as a PWC prepared by combining material from each of the three previously mentioned zones.

The following table shows the grade of each composite.

Composite %
of
PWC
Au
(g/t)
Ag
(g/t)
Pb
(%)
Zn
(%)
Central Klaza 53% 4.84 70.1 0.80 1.52
Western Klaza 16% 5.56 261.7 0.67 0.94
Western BRX 31% 6.27 96.8 0.98 1.16
PWC -- 5.79 121.0 0.88 1.21

Based on the batch test work conducted to date, there is every reason to believe that material from each of the zones can be processed through the same facility, while the good response of the PWC shows that multiple zones can also be blended with no adverse effect on overall metal recovery.

The locked cycle, cyanide leach, POX and CIL tests were conducted on the PWC. A total of five cycles were run in the locked cycle test and stability was reached quickly and remained stable throughout.

Potential penalty elements include cadmium in the zinc concentrate, arsenic in the lead and zinc concentrates and antimony in the lead and zinc concentrates. These penalty elements are not at levels that are expected to impact marketability and will be minimal in relation to the value of precious metals in each concentrate.

Qualified Persons

Results for the metallurgical test program were provided and approved by Chris Martin, C.Eng., of Blue Coast Metallurgy Ltd. and qualified person for the purpose of National Instrument 43-101. All other 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 the Klaza Project and Rockhaven

The road accessible Klaza project hosts a recently announced maiden inferred mineral resource estimate that includes 7,040,000 tonnes containing 948,348 oz gold, 21,780,313 oz silver, 121,060,093 lbs lead and 144,340,881 lbs zinc at an average grade of 4.19 g/t gold, 96.23 g/t silver, 0.78% lead and 0.93% zinc using a 1.5 g/t gold cut-off (see Klaza Property Amended Technical Report dated June 19, 2015.) A fully funded exploration and engineering program that includes 15,000 m of Diamond drilling is currently underway. The drilling is primarily designed to expand the current resource while providing key geotechnical and environmental data.

For additional information concerning the Klaza project or Rockhaven please visit our website at www.rockhavenresources.com.

Matthew Turner, CEO and Director

Rockhaven Resources Ltd.

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.

Read the rest of the article at finance.yahoo.com

Rock Haven Resources

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CODE : RK.V
ISIN : CA77340P1018
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Rock Haven is a gold and silver exploration company based in Canada.

Rock Haven holds various exploration projects in Canada.

Its main exploration properties are KLAZA, PLATA PROJECT, ZAP SILVER and GROUNDHOG CREEK SILVER in Canada.

Rock Haven is listed in Canada. Its market capitalisation is CA$ 8.0 millions as of today (US$ 5.9 millions, € 5.4 millions).

Its stock quote reached its highest recent level on May 06, 2011 at CA$ 1.71, and its lowest recent point on March 08, 2024 at CA$ 0.04.

Rock Haven has 133 500 000 shares outstanding.

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Financings of Rock Haven Resources
6/8/2016Closes First Tranche of Private Placement
3/25/2015Closes $4,410,000 Financing
3/20/2015Announces $4,410,000 Financing
6/27/2013Closes $500,000 Flow-Through Share Private Placement
6/27/2013Closes $500,000 Flow-Through Share Private Placement
9/14/2012Closes $2,166,000 Flow-Through Share Private Placement
Nominations of Rock Haven Resources
12/2/2009Appointment of Officer and Portable Mill Acquisition
Project news of Rock Haven Resources
8/10/2016(Klaza)Rockhaven Discovers New Gold Zone and Defines Strong Geophys...
10/10/2012(Klaza)Drills 11.90 g/t Gold and 5.23 g/t Silver (12.01 g/t Gold Eq...
10/2/2012(Klaza)Drills 5.78 g/t Gold and 111 g/t Silver (8.00 g/t Gold Eq) O...
7/11/2011(Klaza)Announces Exploration Update Klaza Gold-Silver Project-Yukon
5/18/2011(Klaza)Announces 2011 Exploration Commences at Klaza Gold Silver Pr...
11/30/2009(Groundhog Creek Silver)Positive Gold Results from its Groundhog Property
10/14/2009(Plata Project)Announces promising silver values from trenches at its Plata...
9/24/2009(Plata Project) Positive Drill Results
7/21/2009(Plata Project)Begins 2009 Drilling
11/13/2008(Plata Project)Announces 2008 Exploration Results
6/5/2008(Plata Project)Begins 50+ Diamond Drill Program at the Past Producing Plat...
Corporate news of Rock Haven Resources
6/29/2016June 29th, 2016 - Rockhaven Closes Final Tranche of Private ...
6/8/2016June 8th, 2016 - Rockhaven Closes First Tranche of Private P...
5/18/2016May 18th, 2016 - Rockhaven Announces Financing and 8,000 m D...
1/23/2016January 22nd, 2016 - Rockhaven Resources Ltd. Files Klaza Pr...
8/12/2015Rockhaven Drills 11.28 g/t Gold, 75.9 g/t Silver and 7.37% Z...
8/11/2015Rockhaven and Little Salmon Carmacks First Nation Sign Klaza...
7/22/2015Rockhaven Resources Ltd. Announces 95% Gold Recovery in Lock...
7/14/2015Rockhaven Triples Size of Its Flagship Klaza Project to 25,0...
3/25/2015Rockhaven Resources Ltd. Closes $4,410,000 Financing
3/20/2015Rockhaven Announces $4,410,000 Financing
1/26/2015IIROC Trading Resumption - RK; DVI
1/26/2015Rockhaven Announces Initial Inferred Resource Estimate of 94...
1/26/2015IIROC Trading Halt - RK
11/13/2014Rockhaven Resources Ltd. Appoints Dr. Jeremy Richards as Tec...
11/6/2014Rockhaven Discovers 225 g/t Gold on Its Kluane Property, Sou...
10/22/2014Rockhaven Announces Exceptional Results from Deep Step-Out D...
10/16/2014Rockhaven Resources Ltd. Drills 11.22 g/t Gold Over 1.68 m i...
10/8/2014Rockhaven Resources Ltd. Expands Third High-Grade Discovery ...
10/6/2014Rockhaven Resources Ltd. Drills 27.80 g/t Gold and 656 g/t S...
9/17/2014Rockhaven Resources Ltd. Outlines Second High-Grade Au and A...
7/30/2014Rockhaven Resources Ltd. Announces Warrant Exercise and 9,00...
7/29/2014Rockhaven Resources Ltd. Drills 66.20 g/t Gold and 403 g/t S...
7/25/2014Rockhaven Resources Ltd. Announces Amended Warrants
7/22/2014Rockhaven Resources Ltd. Continues to Intersect High-Grade G...
7/15/2014Rockhaven Resources Ltd. Drills 56.4 g/t Gold and 318 g/t Si...
6/9/2014Rockhaven Resources Ltd. Commences 12,000 m Diamond Drill Pr...
10/8/2013Announces BRX Zone Trench Grading 71.4 g/t Gold and 1,310 g/...
10/3/2013Discovers New Gold-Silver Zone Grading 28.2 g/t Gold and 359...
9/24/2013Announces Trench Grading 5.61 g/t Gold and 300 g/t Silver (1...
6/13/2013(Klaza)Announces 2013 Exploration Plans at Klaza Project and Flow-T...
4/16/2013Adopts Advance Notice Policy for Director Nominations
12/10/2012Announces Appointment of New Chief Financial Officer and the...
12/10/2012Announces Appointment of New Chief Financial Officer and the...
11/14/2012Continues to Step Out and Intersects 6.86 g/t Gold and 153 g...
11/1/2012(Klaza)Drills 11.30 g/t Gold and 233 g/t Silver (16.0 g/t Gold Eq) ...
6/23/2011Updates Its Mill City Gold Corp. Transaction
4/28/2011Announces $6.0 Million Private Placement
4/12/2011Options Out Mount Hinton Property to Mill City Gold Corp.
2/16/2011Discovers Large Gold-In-Soil Targets at Mount Hinton, Yukon
6/11/2010Annnounces 2010 Exploration Plans
3/8/2010Acquires Mt Hinton Property in Keno Hill District Yukon
10/21/2009 New Vein Discovery At Its Ruby Range Project
6/18/2009Acquires Three New Gold Properties in Yukon
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