NORTHAVEN RESOURCES CORP. (TSX VENTURE:NTV) is pleased to announce that it has
entered into two agreements to purchase two mineral claims which, together with
property already held by the Northaven Resources Corp., covers the former
producing Snowflake and Regal Silver mines also known as the Stannex/Woolsey
mines, located approximately 32.4 air kilometers northeast of Revelstoke, B.C.
Under the first agreement, Northaven Resources Corp. has purchased a 100%
interest in one claim of one unit covering approximately 20.25 hectares from
Bill McKinney, in consideration for payment of the sum of $350.00 plus a royalty
equal to 1.5% of the net smelter returns, which can be repurchased on the basis
of $500,000 for each 1.0%. Under the second purchase agreement, Northaven
Resources Corp. has agreed, subject to TSX-V acceptance, which remains
outstanding, to purchase from Kelly Funk, a 100% interest in one claim of 2
units covering approximately 40.51 hectares in consideration for the payment of
$5,000.00 plus the issuance of 375,000 common shares of Northaven Resources
Corp. on closing, plus the issuance of two promissory notes in the amount of
$10,000.00 each, due one and two years after closing; each note is convertible
if not paid within 60 days of the due date into 137,500 common shares of
Northaven Resources Corp.


These purchases now give Northaven Resources Corp. 100% ownership (subject, in
part, to a 1.5% NSR) over all of the ground surrounding and including the
Snowflake and Regal Silver mines.


The Snowflake and Regal Silver Mines were two former producing mines operated
during the period 1936-1953, and are joined by common workings containing
approximately 5,534 meters of drifts and 1,271 meters of raises on 14 developed
levels, with 5 access portals. The main portals are the Regal Silver #10 located
at 1,358 metre elevation and the Snowflake #4 located at 1,676 metre elevation.
An existing 9 kilometer forestry road connects the mines to Trans-Canada Highway
1 approximately 31 kilometers east of Revelstoke, B.C.


The mines are located within and near the south eastern end of Northaven
Resources Corp.'s 18,000+ hectare ALLCO Property. The Snowflake/Regal Silver
property was mined for silver, lead and tungsten on a limited scale prior to
1954. Several high grade "shoots" of tin and tungsten ore were identified and
2,540 tonnes were mined and milled on-site in 1952-53 for recovery of tungsten
trioxide. The last significant work on the property took place from 1967-1970,
when Stannex Minerals completed 2,450 meters of underground development work and
a feasibility study, but did not restart mining operations. Historical records
indicate the mines as having a remaining historical estimate in 1982 of 590,703
tonnes, grading 71.6 g/t silver, 2.66% lead, 1.26% zinc, 1.1% copper, 0.13% tin
and 0.015% tungsten (scheelite) (Prospectus, Gunsteel Resources Inc., April 29,
1986; Minfile No. 082N 004). The foregoing resource and grades were prepared
prior to adoption of NI 43-101 and are not compliant with current standards set
out therein for calculating mineral resources or reserves. Northaven has not
been able to evaluate the assumptions, parameters and methods used to prepare
this historical estimate and is not relying it as current mineral resources or
reserves. Additional evaluation work is required by Qualified Persons to bring
this mineralization into compliance with NI 43-101 standards. This work will
include re-opening of the workings, re-establishment of engineering controls,
re-sampling of all existing stopes and workings, including possible underground
and surface diamond drilling, reduction of all engineering data to a common GIS
or 3D mine software program, preparation of a new resource estimate and
preparation of a mine plan for recovery of such resource, if determined to be
economic.


Mine mineralization is reported as occurring in 6 sub-parallel quartz veins
striking about 315 degrees and dipping 35 degrees to 65 degrees northeast. Host
rocks are black fissile graphitic shales and thin-bedded grey argillaceous
limestone and argillite.


Airborn geophysics flown by Geotech Ltd of Aurora, Ontario, for Northaven
Resources Corp. in August, 2011, indicates that mine mineralization occurs at a
flexure in a previously-reported geophysical linear structure which continues
several kilometers to the south and over 5 kilometers to the northwest to the
Allco silver showings. The mineralogy and structural orientation of the Allco,
Snowflake and Regal Silver mineralization appear to be similar to that of
Huakan's J&L project located on a similar geophysical trend line (previously
reported), which is reporting a 43-101-compliant resource of 8,227,000 tonnes
containing a combined 1,318,600 troz gold, 17,186,995 troz silver, 2.17% lead
and 3.76% zinc.


Northaven plans to commence evaluative work on these two former mines to
determine the feasibility of economic production under a 75,000 tonne (200 tpd)
"Small Mine" Operating Permit. A Notice of Work for such evaluative work has
been submitted and is pending issuance.


David Makepeace, M.Eng., P.Eng., senior geologist for Micon International
Limited is the qualified person for this project, as defined by National
Instrument 43-101. He has reviewed and verified the technical disclosure
contained herein and accepts responsibility for such disclosure.  


On behalf of the Board of Directors of NORTHAVEN RESOURCES CORP.

Allen D. Leschert, CEO

For further information, please visit Northaven's website at
http://www.northavenresources.com/.


This news release has been reviewed with respect to technical information by
David Makepeace, M.Eng., P. Eng., an independent Qualified Person under National
Instrument 43-101. All other technical data herein is based on information
contained in technical reports or summaries prepared by independent third
parties which has not been independently verified by the Company, and which
remains subject to confirmation by subsequent evaluation. This news release may
contain assumptions, estimates, and other forward-looking statements regarding
future events. Such forward-looking statements involve inherent risks and
uncertainties and are subject to certain factors, many of which are beyond
Northaven's control, which may cause actual results or performance to differ
materially from those currently anticipated in such statements.


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