Rock Haven Resources

Published : June 09th, 2014

Rockhaven Resources Ltd. Commences 12,000 m Diamond Drill Program at Klaza Project, Yukon

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Diamond | Gold | Growth | Silver |

Rockhaven Resources Ltd. Commences 12,000 m Diamond Drill Program at Klaza Project, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 9, 2014) - Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce the 2014 exploration program has commenced at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon.

The 2014 program will include 12,000 m of Diamond drilling and will focus on delineating and expanding areas of high-grade gold and silver mineralization (>8.00 g/t gold EQ*). Two drills will be used to test targets which include:

  • The Western BRX Zone, where 2013 trenching and limited broadly-spaced drilling have returned strong results over a 750 m strike length, including 68.27 g/t gold EQ (50.1 g/t gold and 910 g/t silver) over 3.25 m from trench TR-13-58 and 8.00 g/t gold EQ (5.78 g/t gold and 111 g/t silver) over 15.62 m from hole DH-12-96;

  • The Western Klaza Zone, where initial trenching and drilling returned numerous gold and silver-rich intervals including 11.15 g/t gold EQ (4.51 g/t gold and 332 g/t silver) over 7.12 m from hole DH-12-115;

  • The Central Klaza Zone beneath hole DH-12-133, the deepest intercept to date on the zone, which intersected 12.00 g/t gold EQ (11.90 g/t gold and 5.23 g/t silver) over 6.70 m at a depth of 310 m below surface; and,

  • The Pearl Zone, a 2013 discovery where two excavator trenches situated 450 m apart averaged 29.04 g/t gold EQ (23.98 g/t gold and 254 g/t silver) over 1.22 m.

Drilling and trenching at the road-accessible Klaza property since 2010 have identified nine main mineralized structural zones and numerous subsidiary structures within a 2000 by 4000 m corridor. Individually, the main zones range from 1 to 75 m in width and are continuously mineralized over strike lengths of 250 to 2400 m. The zones have been traced over a cumulative strike length of 9400 m and all remain open for expansion along strike and to depth.

"We are very excited to begin our fully-funded, 12,000 m Diamond drill program which will systematically target high-grade gold and silver mineralization that were broadly outlined by previous drilling and trenching programs," stated Matt Turner, CEO of Rockhaven Resources. "Additional geophysical surveys and excavator trenching will be done concurrently with the drilling to further expand mineralization within this evolving gold district."

Maps and cross-sections related to the Klaza project can be viewed at the Company's website at www.rockhavenresources.com. Further details of the 2014 exploration program and targets follow below:

Western BRX Zone

The Western BRX Zone is the main target of 2014 Diamond drilling. Infill and step-out excavator trenching in 2013 at the Western BRX Zone confirmed continuity of the mineralized structure and further delineated areas of high-grade gold and silver that were partially outlined by widely-spaced drill holes in 2011 and 2012. Highlight results are shown below:

Drill Hole/ Trench From
(m)
To
(m)
Interval
(m)
+
Gold
(g/t)
Silver (g/t) Gold EQ (g/t)*
DH-11-37 81.13 95.93 14.80 5.43 50 6.43
DH-11-39 151.29 152.94 1.65 23.50 239 28.28
DH-12-72 178.48 179.81 1.33 10.60 23 11.06
DH-12-96 329.74 345.36 15.62 5.78 111 8.00
TR-13-47 30.05 31.20 1.15 87.0 768 102.36
TR-13-49 1.61 2.92 1.31 8.42 548 19.38
TR-13-58 3.35 6.60 3.25 50.1 910 68.27
TR-13-59 11.05 15.20 4.15 7.47 537 18.20
TR-13-67 35.00 38.55 3.55 31.38 310 37.59
TR-13-73 3.70 6.20 2.50 26.10 574 37.58
TR-13-74 12.45 14.70 2.25 31.20 1030 51.80
TR-13-75 4.75 6.20 1.45 11.50 1680 45.10
and 17.24 20.24 3.00 34.70 160 37.90
TR-13-77 5.08 7.18 2.10 14.40 729 28.98
+ Represents the Diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
*Gold equivalence (EQ) has been calculated using metal prices of $1300 per ounce gold and $26.00 per ounce silver, to be consistent with earlier calculations and assumes 100% recoveries.

Central and Western Klaza Zones

The Central and Western Klaza Zones host discrete veins, breccias and sheeted veinlets that have been traced over a strike length of 1000 m and to a depth of 325 m down dip. Focused Diamond drilling in 2014 will expand the area of known mineralization to the west and to depth where some of the best results have been returned to date. Highlight results from the Central and Western Klaza Zone include:

Drill Hole/ Trench From
(m)
To
(m)
Interval
(m)
+
Gold
(g/t)
Silver
(g/t)
Gold EQ (g/t)*
DH-10-07 134.00 149.30 15.30 7.20 260 12.40
DH-11-16 88.04 94.82 6.78 6.09 101 8.11
DH-11-28 253.66 255.12 1.46 10.25 585 21.95
DH-12-79 91.56 94.77 3.21 3.18 516 13.50
DH-12-115 214.47 221.59 7.12 4.51 332 11.15
DH-12-133 439.00 445.70 6.70 11.90 5.23 12.00
TR-13-51 11.19 29.98 18.79 5.61 300 11.61
TR-13-52 3.75 10.59 6.84 16.20 158 19.36
TR-13-66 18.72 20.99 2.27 25.70 449 34.68
TR-13-69 5.16 9.76 4.60 8.29 295 14.20
TR-13-70 2.50 5.53 3.03 16.76 1052 37.80
+ Represents the Diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
*Gold equivalence (EQ) has been calculated using metal prices of $1300 per ounce gold and $26.00 per ounce silver, to be consistent with earlier calculations and assumes 100% recoveries.

Pearl Zone

The Pearl Zone was discovered in 2013 and represents the most easterly, and if projected westward, the most northerly mineralized structure identified at the Klaza property. Two excavator trench exposures located 450 m apart returned 28.2 g/t gold and 359 g/t silver (35.38 g/t gold EQ) over 1.20 m and 19.75 g/t gold and 148 g/t silver (22.71 g/t gold EQ) over 1.25 m (see Rockhaven news release dated October 3, 2013). The results are particularly important as no mineralization was previously known in this area. Follow-up drilling will be done in 2014 to evaluate this new high-grade gold and silver discovery, which is open to extension along strike in both directions.

Other Targets

A small proportion of the planned drilling will evaluate particularly encouraging areas in the other six known mineralized zones. In addition, some prospecting, geological mapping and geophysical surveying will be completed in other areas of the property to define additional targets for drilling or trenching. All of the mineralized zones discovered to date at Klaza are marked by linear magnetic lows with coincident soil geochemical anomalies. In areas surveyed, these magnetic lows coincide with distinct chargeability highs and resistivity lows. The focus will be on defining and, as warranted, drill testing similar anomalies elsewhere on the property, with particular emphasis on overburden covered areas to the west of the Western BRX and Western Klaza Zones. In conjunction with 2014 work, ongoing baseline environmental surveys and geotechnical data collection will continue to advance the Klaza property toward the permitting process.

Rockhaven has been awarded a grant of $21,300 through the Yukon Government's Yukon Mineral Exploration Program (YMEP) to conduct exploration on its 100% owned Kluane property. Through YMEP, the Yukon Government will fund 50% of the proposed $42,600 hand trenching and soil sampling program planned on the property.

The 2014 Klaza and Kluane programs are managed by Archer, Cathro & Associates (1981) Limited (Archer Cathro). Technical information in this news release has been approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer Cathro and qualified person for the purpose of National Instrument 43-101.

Rockhaven Resources Ltd. is a 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 Rockhaven's website at www.rockhavenresources.com.

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

EXPLORATION STAGE
CODE : RK.V
ISIN : CA77340P1018
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
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
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (RK.V)
0.060+0.00%
TSX-V
CA$ 0.060
04/26 14:25 -
0%
Prev close Open
0.060 0.060
Low High
0.060 0.060
Year l/h YTD var.
0.040 -  0.070 -14.29%
52 week l/h 52 week var.
0.040 -  0.070 -7.69%
Volume 1 month var.
75,000 -%
24hGold TrendPower© : -44
Produces
Develops
Explores for Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
20240.00%
2023-14.29%0.090.05
2022-30.00%0.120.06
2021-42.86%0.190.10
202016.67%0.250.06
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :