Rock Haven Resources

Published : October 08th, 2014

Rockhaven Resources Ltd. Expands Third High-Grade Discovery at Klaza Project, Yukon-Drilling Intersects 11.13 g/t Gold and 65.9 g/t Silver (12.45 g/t Gold EQ) Over 2.45 m at Central Klaza Zone

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Keywords :   Copper | Diamond | Gold | Growth | Lead | Silver | Zinc |

Rockhaven Resources Ltd. Expands Third High-Grade Discovery at Klaza Project, Yukon-Drilling Intersects 11.13 g/t Gold and 65.9 g/t Silver (12.45 g/t Gold EQ) Over 2.45 m at Central Klaza Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 8, 2014) - Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce results for ten Diamond drill holes from the Central Klaza Zone at its 100%-owned and road-accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. The Central Klaza Zone is situated along strike and to the east of the Western Klaza Zone (see September 17, 2014 news release) and 1,200 m northeast of the Western BRX Zone, the primary target of the 2014 drilling program (see July 15, July 22, July 29, and October 6, 2014 news releases). Trenching and drilling on the Central Klaza Zone since 2010 have delineated gold and silver mineralization over an 800 m strike length and from surface to a maximum depth of 325 m.

Highlights from newly released drill holes testing the Central Klaza Zone are as follows:

  • 22.90 g/t gold and 1100 g/t silver (44.90 g/t gold EQ) over 0.62 m - Hole 171
  • 11.13 g/t gold and 65.9 g/t silver (12.45 g/t gold EQ) over 2.45 m - Hole 199
  • 5.65 g/t gold and 466 g/t silver (14.98 g/t gold EQ) over 1.32 m - Hole 210
  • 8.33 g/t gold and 201 g/t silver (12.35 g/t gold EQ) over 1.48 m - Hole 222

"Drilling at the Central Klaza Zone has successfully extended high-grade gold and silver mineralization to depth and confirmed the continuity of mineralization through in-fill drilling in the western portion of the target," stated Matt Turner, CEO of Rockhaven Resources. "The multiple structures identified near surface appear to coalesce into stronger structures at depth, which is positive for any potential mining scenarios at the Central Klaza Zone."

Mineralization in the Central Klaza Zone differs from the other three areas explored in 2014 in that it is a laterally extensive complex of steeply dipping and anastomosing veins, breccias and sheeted veinlets emplaced within a 25 to 100 m wide structural corridor. The 2014 drilling at this zone focused on areas where veins were expected to coalesce, forming more discrete and higher grade veins similar to those in the Western BRX and Western Klaza Zones.

Since 2010, Rockhaven has tested the Central Klaza Zone with 52 Diamond drill holes. Highlight results from previous drilling at the Central Klaza Zone include KL-10-07, which graded 24.7 g/t gold and 1,087 g/t silver over 2.53 m, and KL-12-133, the deepest hole ever drilled at this target, which returned 11.90 g/t gold and 5.23 g/t silver over 6.70 m.

Significant results from the 2014 holes that tested the Central Klaza Zone are shown in the table below. Maps, sections and an expanded assay list, which includes drill results from previous years plus copper, lead and zinc values, can be viewed at Rockhaven's website at www.rockhavenresources.com.

Drill Hole Zone ID From
(m)
To
(m)
Interval
(m)
+
Gold (g/t) Silver (g/t) Gold EQ (g/t)*
KL-14-166 Klaza 32.37 35.52 3.15 1.62 59.0 2.80
incl. 32.37 32.90 0.53 3.09 118 5.45
and 48.75 49.80 1.05 1.64 147 4.58
and 70.62 71.63 1.01 0.15 154 3.23
and 98.68 100.15 1.47 2.00 17.4 2.35
KL-14-169 Klaza 77.28 78.46 1.18 6.01 72.7 7.46
and 88.35 95.20 6.85 0.68 10.7 0.89
incl. 94.80 95.20 0.40 6.57 116 8.89
and 126.20 126.74 0.54 3.37 112 5.61
and 138.40 141.02 2.62 3.87 38.3 4.64
incl. 140.06 141.02 0.96 7.13 46.6 8.06
KL-14-171 Klaza 76.78 81.19 4.41 3.58 160 6.78
incl. 76.78 77.40 0.62 22.90 1100 44.90
and 137.22 137.95 0.73 11.85 56.4 12.98
KL-14-173 Klaza 74.90 76.83 1.93 3.03 39.0 3.81
and 104.30 105.37 1.07 1.00 291 6.82
KL-14-174 Klaza 35.92 37.39 1.47 4.08 71.1 5.50
KL-14-175 Klaza 87.47 88.72 1.25 1.58 128 4.14
and 129.20 130.17 0.97 4.67 34.0 5.35
and 142.17 144.12 1.95 1.72 12.6 1.97
and 150.05 150.65 0.60 1.98 66.6 3.31
and 185.83 187.20 1.37 1.04 58.9 2.22
and 201.35 204.60 3.25 1.67 29.0 2.25
incl. 201.35 202.41 1.06 2.10 62.1 3.34
KL-14-193 Klaza 157.49 158.11 0.62 2.63 53.3 3.70
and 180.50 180.70 0.20 2.25 169 5.63
and 249.84 253.00 3.16 2.59 9.16 2.77
incl. 252.71 253.00 0.29 23.60 55.1 24.70
KL-14-199 Klaza 104.18 104.66 0.48 2.29 116 4.61
and 114.20 114.69 0.49 2.65 85.0 4.35
and 193.30 193.82 0.52 3.87 111 6.09
and 284.56 285.09 0.53 31.80 481 41.42
and 339.30 342.28 2.98 2.56 33.7 3.23
incl. 339.30 340.25 0.95 6.23 82.0 7.87
and 360.12 362.57 2.45 11.13 65.9 12.45
incl. 360.12 360.37 0.25 37.70 111 39.92
and incl. 362.25 362.57 0.32 55.30 406 63.42
and 377.15 377.67 0.52 2.30 122 4.74
KL-14-210 Klaza 87.74 88.04 0.30 0.84 234 5.52
and 278.15 279.50 1.35 5.70 19.6 6.09
and 285.28 286.20 0.92 8.52 232 13.16
and 303.68 305.75 2.07 2.33 18.3 2.70
incl. 303.68 304.17 0.49 8.10 46.9 9.04
and 348.65 349.97 1.32 5.65 466 14.98
incl. 349.65 349.97 0.32 16.60 1900 54.60
KL-14-222 Klaza 206.40 207.07 0.67 3.46 40.3 4.27
and 223.17 223.52 0.35 3.98 124 6.46
and 275.43 276.90 1.47 5.15 179 8.73
and 410.57 412.05 1.48 8.33 201 12.35
+ Represents the Diamond drill hole length. True widths are estimated to be approximately 80-90% of the interval.
* Gold equivalence (EQ) has been calculated using metal prices of $1200 per ounce gold and $24.00 per ounce silver, to be consistent with earlier calculations and assumes 100% recoveries of both metals.

All analyses for rock and core samples from the 2014 program were performed by ALS Minerals with sample preparation in Whitehorse and assays and geochemical analyses in North Vancouver. Core samples are routinely analyzed for gold by fire assay followed by atomic absorption spectroscopy (Au-AA24) and 48 other elements by four acid digestion followed by inductively coupled plasma-mass spectrometry (ME-MS61). Samples that exceed the detection limits of the routine methods are assayed for silver, copper, lead and zinc by inductively coupled plasma-atomic emission spectroscopy (Ag/Cu/Pb/Zn - OG62) and gold by gravimetric analysis (Au-GRA22). Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified assay standards, coarse reject duplicates, field duplicates and blanks are routinely inserted into the sample stream to ensure integrity of the assay process. All of the results reported have passed the QAQC screening.

The 2014 program was 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 wholly-owned projects. 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

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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, € 5.5 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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