Rockhaven Resources Ltd. Intersects 94.09 g/t Gold and 545 g/t Silver over 2.63 m and 17.80 g/t Gold and 257 g/t Silver over ...
October 16 2017 - 7:35AM
Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven")
is pleased to announce assay results for an additional seven
diamond drill holes from the 2017 exploration program at its 100%
owned Klaza gold-silver property, located in the Dawson Range Gold
Belt of southern Yukon.
A total of 15,922 m in 96 holes were completed
during the 2017 exploration program. Results from the first
49 holes were released on September 12 and September 26,
2017. Holes in this release are from the Western BRX Zone,
where infill drilling in 2017 was designed to better define
near-surface mineralization so that inferred resources can be
upgraded to indicated resources.
Assay highlights from this news release
include:
- 94.09 g/t gold, 545 g/t silver, 2.86% lead and 4.21%
zinc over 2.63 m including 196 g/t gold, 608 g/t silver, 1.24% lead
and 7.29% zinc over 0.91 m – Hole 401
- 17.80 g/t gold, 257 g/t silver, 1.28% lead and 1.81%
zinc over 6.54 m – Hole 398
- 30.80 g/t gold, 86.8 g/t silver, 1.19% lead and 0.85%
zinc over 2.32 m – Hole 396
- 9.01 g/t gold, 150 g/t silver, 0.57% lead and 1.68%
zinc over 2.53 m – Hole 400
- 23.90 g/t gold, 222 g/t silver, 3.11% lead and 2.06%
zinc over 1.10 m – Hole 397
“The infill drill program at the Western BRX
Zone is confirming both the exceptional vein continuity and the
high-grade nature of mineralization at one of the premier gold
deposits in Yukon,” stated Matt Turner, Rockhaven’s CEO. “All
of the results presented in this release are from holes that
targeted mineralization less than 100 m vertically below surface
but beneath the proposed open pit, as presented in the 2016
Preliminary Economic Assessment (PEA). Based on these
excellent results it is possible that the envisioned open pit at
the Western BRX Zone will be deepened, increasing the proportion of
mineral resources extracted from lower-cost, open-pit mining in the
first years of operations.”
Western BRX Zone
The Western BRX Zone currently hosts an inferred
mineral resource estimate of 1,368,000 tonnes containing
352,000 oz gold, 5,813,000 oz silver, 39.4 million lbs lead and
42.8 million lbs zinc at an average grade of 8.01 g/t gold, 132 g/t
silver, 1.31% lead and 1.42% zinc (See March 1, 2016
Preliminary Economic Assessment on the Rockhaven website
(www.rockhavenresources.com).
Mineralized veins are emplaced adjacent to a
feldspar porphyry dyke that can be traced along the length of the
zone. Since its discovery in 2011, a total of 9 excavator
trenches and 68 diamond drill holes have traced mineralization over
a 500 m strike length and from surface to a maximum depth of 520 m
down-dip.
Results from another 10 holes that tested the
Western BRX Zone and the 30 holes that tested other zones on the
Klaza property will be released upon receipt of assays.
Maps and sections from the 2017 exploration
program can be viewed at Rockhaven’s website.
Significant new drill results from the Western
BRX Zone and a subsidiary vein in the hanging wall are shown in
Table I.
|
Table I – Significant Assay
Results |
(Western BRX Zone=WBRX and Subsidiary
Vein=Bonus) |
|
Drill Hole |
Zone ID |
From(m) |
To(m) |
Interval(m)+ |
Gold (g/t) |
Silver (g/t) |
Lead(%) |
Zinc(%) |
KL-17-396 |
WBRX |
109.12 |
116 |
6.88 |
13.10 |
78.7 |
1.094 |
1.212 |
including |
WBRX |
110.45 |
112.77 |
2.32 |
30.80 |
86.8 |
1.193 |
0.847 |
including |
WBRX |
110.45 |
110.95 |
0.50 |
64.10 |
177 |
0.416 |
0.602 |
|
|
|
|
|
|
|
|
|
KL-17-397 |
WBRX |
67.90 |
69.00 |
1.10 |
23.90 |
222 |
3.110 |
2.060 |
|
|
|
|
|
|
|
|
|
KL-17-398 |
WBRX |
119.62 |
126.16 |
6.54 |
17.80 |
257 |
1.276 |
1.810 |
including |
WBRX |
119.62 |
120.11 |
0.49 |
57.90 |
1055 |
3.340 |
3.420 |
including |
WBRX |
122.62 |
126.16 |
3.54 |
24.35 |
319 |
1.835 |
2.750 |
including |
WBRX |
124.00 |
124.52 |
0.52 |
62.60 |
550 |
1.660 |
3.690 |
|
|
|
|
|
|
|
|
|
KL-17-399 |
Bonus |
8.09 |
9.18 |
1.09 |
1.70 |
14.15 |
0.142 |
0.256 |
and |
WBRX |
74.91 |
75.49 |
0.58 |
1.28 |
26.8 |
0.161 |
0.214 |
|
|
|
|
|
|
|
|
|
KL-17-400 |
Bonus |
27.14 |
29.57 |
2.43 |
1.32 |
0.77 |
0.018 |
0.193 |
and |
Bonus |
34.34 |
35.48 |
1.14 |
1.82 |
8.8 |
0.150 |
0.091 |
and |
WBRX |
100.11 |
102.64 |
2.53 |
9.01 |
150 |
0.570 |
1.679 |
including |
WBRX |
100.11 |
100.71 |
0.60 |
28.90 |
416 |
1.495 |
4.54 |
|
|
|
|
|
|
|
|
|
KL-17-401 |
Bonus |
54.06 |
57.00 |
2.94 |
3.49 |
37.1 |
0.398 |
1.199 |
including |
Bonus |
56.56 |
57.00 |
0.44 |
18.55 |
189 |
1.700 |
5.070 |
and |
WBRX |
108.63 |
111.26 |
2.63 |
94.09 |
545 |
2.858 |
4.213 |
including |
WBRX |
109.81 |
110.72 |
0.91 |
196.00 |
608 |
1.235 |
7.290 |
|
|
|
|
|
|
|
|
|
KL-17-402 |
WBRX |
107.96 |
108.29 |
0.33 |
11.60 |
105 |
0.374 |
0.233 |
and |
WBRX |
112.86 |
114.6 |
1.74 |
4.44 |
5.75 |
0.059 |
0.151 |
including |
WBRX |
114.04 |
114.6 |
0.56 |
12.40 |
14.15 |
0.156 |
0.377 |
and |
WBRX |
118.78 |
119.23 |
0.45 |
14.65 |
105 |
0.847 |
1.915 |
+ Represents the diamond drill hole or trench
sample length. True widths are estimated to be approximately
80-90% of the interval.
QAQC
All analyses for rock and core samples from the
2017 program were performed by ALS Minerals with sample preparation
in North Vancouver, Whitehorse, Yellowknife or Thunder Bay and
assays and geochemical analyses in North Vancouver. Core samples
were routinely analyzed for gold by fire assay followed by atomic
absorption (Au-AA24) and 48 other elements by inductively coupled
plasma-mass spectrometry (ME-MS61). Samples that exceeded the
detection limits of the routine methods were 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 were in place regarding sample
collection, chain of custody and data entry. Certified assay
standards, coarse reject duplicates, field duplicates and blanks
were routinely inserted into the sample stream to ensure integrity
of the assay process. All of the results reported have passed the
QAQC screening.
Additional information about the Klaza property
Mineral Resource and Preliminary Economic Assessment is summarized
in Rockhaven’s March 1, 2016 technical report titled, “Technical
Reports and PEA for the Klaza Au-Ag deposit, Yukon Canada for
Rockhaven Resources Ltd.” which can be viewed at www.sedar.com
under the Rockhaven profile or on the Rockhaven website at
www.rockhavenresources.com.
The 2017 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.
About Rockhaven
Rockhaven Resources Ltd. is a mineral
exploration company focused on growth through the advancement of
its Klaza project. For additional information concerning
Rockhaven or its Klaza project please visit Rockhaven’s website at
www.rockhavenresources.com.
Matthew TurnerPresident, CEO and DirectorRockhaven
Resources
Ltd.T:604-687-2522mturner@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.
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