GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced the results of the recently completed Phase 1, five-hole (1,793 meters) reverse circulation (“RC”) drill program at Rio Loa. The program was designed to test a series of geochemically (lead-arsenic) and geophysically (magnetics and IP) defined high-sulphidation epithermal gold targets associated with a broad zone of steam heated alteration (silica-clay). Although none of the RC holes reached planned depths due to the presence of clay-rich ground water, higher-temperature alteration minerals and anomalous pathfinder geochemical elements (arsenic, bismuth, copper molybdenum) consistent with the highest levels of epithermal gold deposits were identified at depth. “The Phase I RC drilling program at Rio Loa identified favourable alteration and pathfinder element geochemistry that will allow the company to vector toward gold mineralization in the upcoming Phase 2 diamond drilling campaign,” said Daniel Schieber, GoldHaven’s CEO. “GoldHaven’s team is committed to exploring its highly prospective 251-square-km land package in the Maricunga. After closing an above-market priced financing in March, GOH is well financed for Phase 2 and will be busy during the summer working on preparing Coya and Roma for drilling.”
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About GoldHaven Resources Corp.
GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host to numerous discoveries over the past twenty years and has prolific gold and silver endowment. The company has agreements in place to acquire seven high priority exploration targets as identified by geological studies. To date, GoldHaven has identified “high priority” targets on four of the seven exploration properties. The four priority targets include Coya, located approximately 16 km northeast of the Kinross La Coipa mine; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit; the third and fourth projects are Alicia and Roma, which are approximately 35 km south of the Salares Norte deposit. These exploration targets have been designated high priority due to extensive, pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.
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