Rockhaven Drills 5.78 g/t Gold and 111 g/t Silver (8.00 g/t Gold Eq) Over 15.62 m at the BRX Zone, Klaza Property, Yukon
Published : October 02, 2012
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Keywords :   Diamond | Gold | Growth | Market | Silver |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 2, 2012) - Rockhaven Resources Ltd. (News - Market indicators) ("Rockhaven") is pleased to announce results from eight additional Diamond drill holes at its 100%-owned Klaza gold-silver property located in the Dawson Gold Belt of southern Yukon. Diamond drill assay highlights from the BRX Zone and adjacent hanging wall AEX Zone are as follows:

  • DDH 88 - 4.64 g/t gold and 181 g/t silver (8.26 g/t gold EQ) over 2.58 m
  • DDH 91 - 17.65 g/t gold and 119 g/t silver (20.03 g/t gold EQ) over 1.05 m
  • DDH 96 - 5.78 g/t gold and 111 g/t silver (8.00 g/t gold EQ) over 15.62 m
  • DDH 97 - 13.05 g/t gold and 17.65 g/t silver (13.40 g/t gold EQ) over 1.31 m

The Klaza property hosts seven known structural zones with a cumulative mineralized strike length of 6.1 km. The BRX Zone discovery is a mineralized linear structure that demonstrates exceptional lateral continuity. Systematic Diamond drilling has tested the BRX Zone over a strike length of 2.4 km and to a maximum down-dip depth of 400 m. The zone is open for extension in all directions.

Rockhaven has drilled 35 Diamond drill holes into the BRX Zone with most holes spaced approximately 200 m apart. DDH-12-96 cut the zone 300 m down-dip of surface and averaged 5.78 g/t gold and 111 g/t silver (8.00 g/t gold EQ) over 15.62 m. This hole is the most significant intercept returned thus far from the BRX Zone and is located at the open-ended western margin of the zone. Previously announced highlights from the western part of the BRX Zone include DDH-11-37 which returned 5.43 g/t gold and 50 g/t silver (6.43 g/t gold EQ) over 14.80 m and DDH-11-39 which returned 23.50 g/t gold and 239 g/t silver (28.28 g/t gold EQ) over 1.65 m (see Rockhaven news release dated November 2, 2011). 

The 2012 exploration program at the Klaza property included a total of 22,206 m of drilling in 73 Diamond drill holes. Results from 18 of the 2012 holes were previously reported (see Rockhaven news release dated August 23, 2012). 

The most significant assay results from the latest eight holes that tested the BRX Zone are shown in the table below. Additional results also include intercepts from the AEX Zone, which is a mineralized structure that is developed in the immediate hanging wall of the BRX Zone. Maps showing drill hole locations and cross sections can be viewed on Rockhaven's website at www.rockhavenresources.com. Assay results from the remaining 48 holes will be released on a target by target basis once assays are received, compiled and evaluated.

Hole ID Zone
ID
From
(m)
To
(m)
Interval
(m)(i)
Gold
(g/t)
Silver
(g/t)
Gold EQ
(ii)
               
KL-12-74 BRX 206.89 207.89 1.00 4.85 35.70 5.56
and(iii) 244.64 246.70 2.06 3.75 0.05 3.75
               
KL-12-88 BRX 236.83 247.42 10.59 1.36 58.1 2.52
including 236.83 239.41 2.58 4.64 181 8.26
               
KL-12-91 AEX
BRX
98.02 99.07 1.05 17.65 119 20.03
and 295.13 296.50 1.37 3.27 33.6 3.94
               
KL-12-96 AEX
BRX
276.51 278.51 2.00 1.06 7.16 1.20
and 329.74 345.36 15.62 5.78 111 8.00
including 329.74 332.06 2.32 25.10 621 37.5
and including 342.46 345.36 2.90 10.55 92.7 12.40
               
KL-12-97 AEX



BRX
63.85 65.33 1.48 1.15 5.54 1.26
and 72.74 75.29 2.55 1.57 4.26 1.66
and 223.86 225.69 1.83 1.61 12.70 1.86
and 236.92 248.51 11.59 1.71 6.44 1.84
including 236.92 238.23 1.31 13.05 17.65 13.40
               
KL-12-99 BRX 204.22 205.22 1.00 0.52 118 2.88
               
KL-12-102 BRX 296.93 308.20 11.27 0.31 40.5 1.12
including 296.93 298.44 1.51 1.75 209 5.93
(i) Represents the drill hole intersection length. True widths are estimated to be approximately 80-90% of the interval.
(ii) Gold equivalent calculations used metal prices of $1400 per ounce gold and $28.00 per ounce silver and assumes 100% recoveries. 
(iii) Previously announced assay result.
KL-12-84 intercepted the BRX structural zone but did not return significant mineralization. 
 

The Klaza property hosts seven sub-parallel, 1 to 75 m wide, structural zones of gold-silver mineralization that have been traced over strike lengths of 240 to 2,100 m. All zones consist of quartz-sulphide veins, breccias and fracture networks, which are spatially associated with quartz-feldspar porphyry dykes that intrude granitic country rocks. The zones exhibit exceptional lateral continuity and based on geophysical and geochemical evidence, they collectively form a 1.5 km wide by 8 km long northwesterly-trending structural corridor.

The Klaza property is located 50 km west of Carmacks, Yukon. The property is road accessible by a two-wheel drive road from the Klondike Highway. The property is favourably situated within the Mt. Nansen gold camp, a district that hosts an extensive system of gold-silver veins and active placer gold mining. Systematic excavator trenching and widely-spaced drilling have only been done in approximately 20% of the 66 km2 property. Untested soil geochemical anomalies and geophysical targets suggest there is good potential for additional discoveries on the property.

Core samples from the Klaza property are being processed in 36 sample batches with each batch including two assay standards, two blank samples, and two duplicate samples. Trench samples from the property are also processed in 36 sample batches with each batch including one assay standard and one blank sample. Analytical work is being done by ALS Minerals with sample preparation in Whitehorse and assays and geochemical analyses in North Vancouver. All samples are routinely analyzed for gold by fire assay followed by atomic absorption (Au-AA24) and 48 other elements by four acid digestion (ME-MS61). All overlimit values are determined for gold by fire assay and gravimetric finish (Au-GRA22) and for silver using Ag-OG46. All gold and silver grades reported in this release were calculated from the assay results. All standard, blank and duplicate samples passed QAQC reviews. Individual check assaying of core samples from the Klaza property is being done at ACME Labs in Vancouver.

The 2012 program is being conducted by Archer, Cathro & Associates (1981) Limited. Technical information in this news release has been reviewed by Heather Burrell (née Smith), B.Sc., P.Geo., a qualified person for the purpose of National Instrument 43-101.

Rockhaven Resources Ltd. is well funded company focused on growth through exploration of its own wholly-owned projects and continues to work towards adding new advanced stage projects to its portfolio. For additional information concerning Rockhaven Resources Ltd. or its various exploration projects please visit the Company's website at www.rockhavenresources.com.

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration or other risk factors.

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.

Rockhaven Resources Ltd.
Matthew Turner
CEO and Director
604-688-2568
mturner@nordacres.com
www.rockhavenresources.com

Rock Haven Resources

EXPLORATION STAGE
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, € 5.5 millions).

Its stock quote reached its highest recent level on May 06, 2011 at CA$ 1.71, and its lowest recent point on September 15, 2023 at CA$ 0.05.

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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