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 that Phase I drilling continues to advance as planned at Rio Loa. According to the update, the Rio Loa project is located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces equivalent of gold scheduled to produce 450,000oz of gold per annum*) and 6 km south of Gold Field’s Horizonte discovery. The GoldHaven team is actively drilling hole RCRL-003, which is currently in argillic altered limonite-rich volcanic rocks. Silicified volcaniclastic rocks with incipient vuggy silica were intersected at various intervals to the current depth of 300 meters. RCRL-003 continues to be strongly oxidized with abundant disseminated limonite and is presently within a zone of silicification. “This is the right step in our development to unlock the potential of our 251 square km Maricunga district play,” said GoldHaven CEO Daniel Schieber. “The drilling continues as planned and has been providing us with what we want to see at this stage. The Alicia project is next-up for drilling, which will provide consistent news-flow after we complete at Rio Loa.”
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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 a prolific gold, silver, copper metal endowment. The company has agreements in place to acquire seven high priority exploration targets, which were identified by geological studies. To date, GoldHaven considers four of these seven properties “high priority” targets and will commence drilling during the first quarter of 2021. The four priority targets include Coya, located approximately 16 km northeast of the La Coipa mine where Kinross announced a mining re-start in 2020; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces of gold equivalent); 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.
*Jamasmie, C., 2019. Gold Field’s Salares Norte project in Chile granted environmental permit. December 18, 2019, 9:29am. Exploration Intelligence Latin America Gold Silver. https://www.mining.com/gold-fields-salares-norte-project-in-chile-granted-environmental-permit/
NOTE TO INVESTORS: The latest news and updates relating to GHVNF are available in the company’s newsroom at http://ibn.fm/GHVNF
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