Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce
that funding is in place for the 2014 exploration program at its 100% owned
Klaza gold-silver property, located in the Dawson Range Gold Belt of southern
Yukon. Drilling and trenching at the road-accessible Klaza property since 2010
have identified nine main mineralized structural zones and numerous subsidiary
structures within an 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. 


The proposed 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 (greater than 8.00 g/t gold EQ). 2014 drill targets will 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 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. 



"We are very excited to build on the success and knowledge gained from recent
programs at the Klaza property which have outlined multiple mineralized
structures over long strike lengths," stated Matt Turner, CEO of Rockhaven
Resources. "We are now in a position to focus on defining the higher-grade parts
of these extensive systems, while advancing other blue-sky targets 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/       From        To   Interval      Gold    Silver    Gold EQ
 Trench             (m)       (m)       (m)+     (g/t)     (g/t)   (g/t)(i)
 --------------------------------------------------------------------------
 --------------------------------------------------------------------------
 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.                       
(i) 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/       From        To   Interval      Gold    Silver    Gold EQ
 Trench             (m)       (m)       (m)+     (g/t)     (g/t)   (g/t)(i)
 --------------------------------------------------------------------------
 --------------------------------------------------------------------------
 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.                       
(i) 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. Detailed 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.


The 2014 exploration program is scheduled to start in early June. The $3,000,000
non-brokered private placement financing announced on February 25 2014 is fully
subscribed and subject to TSX Venture Exchange acceptance, will be closed in the
coming days.


The 2014 program will be 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rockhaven Resources Ltd.
Matthew Turner
CEO and Director
604-688-2568
mturner@nordacres.com
www.rockhavenresources.com

Rockhaven Resources (TSXV:RK)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Rockhaven Resources Charts.
Rockhaven Resources (TSXV:RK)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Rockhaven Resources Charts.