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Gold/Mining/Energy : Yukon Gold Rush II

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From: LoneClone9/26/2016 1:49:05 PM
   of 3069
 
Rockhaven Steps-Out and Drills 17.01 g/t Gold Over 4.32 m at Klaza Project, Yukon

Press Release: MINING DRILLING RESULTS – 5 hours ago

ca.finance.yahoo.com

RK.V0.230.00



VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2016) - Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce additional results from the recently completed diamond drill program at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon. The 2016 drill program focused on better defining and expanding near surface mineralization adjacent to open pits and declines proposed in a PEA released in March 2016.

Highlights include:

  • 17.01 g/t gold and 121 g/t silver over 4.32 m - Hole 317

  • The majority of drilling was conducted within the Central and Eastern Klaza Zones, testing veins located along strike to the east and in the immediate footwall of the proposed open pit. These near-surface veins are particularly attractive targets because most are not included in the current mineral resource estimate or the proposed mine plan presented in the PEA.

    "The PEA highlighted the importance of high-grade, open pittable resources to project economics. These Central and Eastern Klaza Zone results and the recently reported drill intersects from the Rex Zone demonstrate that additional discoveries of the type can continue to be made at Klaza," stated Matt Turner, Rockhaven's CEO. "Results from this drilling have exceeded our expectations, further illustrating the deposit's excellent potential to grow."

    Central and Eastern Klaza Zones

    The Central and Eastern Klaza zones are part of the Klaza Zone, one of eleven main vein systems identified in the core of the Klaza property. They comprise a laterally extensive complex of steeply dipping and anastomosing veins, breccias and sheeted veinlets emplaced within a 25 to 200 m wide structural corridor. Mineralization in the Central Klaza Zone has been traced over a 980 m strike length and from surface to a maximum depth of 325 m. Closely spaced mineralized veins occur within the footwall and hanging wall of the Central Klaza Zone. The Eastern Klaza Zone has been traced over a length of 850 m and is still open to the East. Both zones remain open to extension at depth.

    The 2016 field program at the Klaza property consisted of 8,427 m drilled in 44 holes. Maps and sections can be viewed at Rockhaven's website www.rockhavenresources.com.

    Significant new drill results from the Central and Eastern Klaza zones are shown in Table I while results from other zones are presented in Table II.

    Table I - Significant Assay Results from the Central and Eastern Klaza Zones

    Drill
    Hole

    Zone
    ID

    From
    (m)

    To
    (m)

    Interval
    (m)
    +

    Gold
    (g/t)

    Silver
    (g/t)

    Lead
    (%)

    Zinc
    (%)

















    KL-16-305
    E-Klaza
    41.76
    47.85
    6.09
    1.71
    17.7
    0.066
    0.259
    and


    43.84
    44.92
    1.08
    4.09
    51.8
    0.182
    0.731
    and


    126.11
    126.64
    0.53
    2.65
    17.0
    0.315
    0.341

















    KL-16-310
    C-Klaza
    9.16
    13.40
    4.24
    4.21
    45.6
    0.678
    0.559
    including

    11.56
    12.71
    1.15
    13.10
    119
    1.480
    1.225
    and

    38.55
    38.90
    0.35
    13.90
    339
    6.180
    5.880
    and

    50.56
    52.35
    1.79
    2.85
    26.8
    0.133
    0.254
    including

    51.85
    52.35
    0.50
    8.60
    41.3
    0.179
    0.433
    and

    76.60
    78.55
    1.95
    1.78
    40.7
    0.588
    0.804
    and

    225.16
    225.76
    0.60
    8.76
    47.7
    0.110
    0.082

















    KL-16-311
    C-Klaza
    29.57
    30.08
    0.51
    3.44
    50.5
    1.630
    1.405
    and

    59.32
    60.88
    1.56
    3.94
    43.7
    0.900
    1.415
    and

    77.12
    77.47
    0.35
    5.42
    148
    3.120
    2.050
    and

    94.00
    96.28
    2.28
    1.20
    15.2
    0.260
    0.635

















    KL-16-312
    C-Klaza
    32.19
    32.80
    0.61
    4.42
    118
    0.977
    1.590
    and

    55.15
    57.68
    2.53
    3.01
    72.5
    1.944
    1.367
    including

    55.15
    55.97
    0.82
    6.40
    151
    3.190
    2.140
    and

    79.52
    80.11
    0.59
    5.47
    46.3
    0.264
    0.380
    and

    82.22
    83.00
    0.78
    7.18
    61.6
    0.614
    1.805
    and

    97.00
    99.67
    2.67
    2.21
    19.4
    0.140
    0.525
    and

    105.49
    107.31
    1.82
    1.50
    2.29
    0.066
    0.074

















    KL-16-313
    C-Klaza
    47.00
    47.60
    0.60
    4.03
    62.6
    0.374
    0.813

















    KL-16-315
    C-Klaza
    6.17
    6.77
    0.60
    2.89
    18.6
    0.151
    0.513
    and

    9.88
    11.00
    1.12
    7.64
    94.0
    0.999
    1.200
    and

    18.18
    18.68
    0.50
    4.77
    14.0
    0.164
    0.918
    and

    21.10
    23.61
    2.51
    2.54
    11.6
    0.176
    0.404
    and

    75.17
    75.74
    0.57
    2.03
    45.8
    0.530
    0.517
    and

    123.57
    124.23
    0.66
    8.00
    85.9
    0.225
    0.567
    and

    156.70
    159.10
    2.40
    3.55
    31.7
    0.079
    0.316
    including

    158.40
    159.10
    0.70
    11.50
    91.6
    0.131
    0.144
    and

    164.60
    166.19
    1.59
    3.20
    20.0
    0.025
    0.023



    164.60
    165.60
    1.00
    4.68
    28.1
    0.034
    0.031

















    KL-16-316
    C-Klaza
    8.80
    14.79
    5.99
    1.68
    23.1
    0.187
    0.141
    including

    8.80
    9.46
    0.66
    8.65
    76.7
    0.376
    0.343
    and

    106.15
    108.96
    2.81
    1.72
    46.7
    0.751
    0.365
    including

    106.15
    106.77
    0.62
    3.09
    71.6
    0.251
    1.030
    including

    108.46
    108.96
    0.50
    5.31
    46.1
    0.191
    0.232
    and

    126.85
    127.45
    0.60
    2.00
    84.4
    0.397
    2.280
    and

    157.73
    158.77
    1.04
    6.37
    26.5
    0.081
    1.302
    including

    157.73
    158.27
    0.54
    9.54
    43.4
    0.111
    2.130

















    KL-16-317
    C-Klaza
    17.72
    22.04
    4.32
    17.01
    121
    2.458
    4.590
    including

    17.72
    19.34
    1.62
    12.45
    41.5
    0.468
    2.840
    including

    20.65
    22.04
    1.39
    38.00
    325
    7.050
    10.700
    and

    56.00
    57.34
    1.34
    2.02
    43.0
    1.067
    1.708
    including

    56.92
    57.34
    0.42
    5.28
    131
    3.240
    5.020
    and

    105.77
    106.35
    0.58
    5.15
    86.5
    1.635
    2.620
    and

    126.52
    127.06
    0.54
    3.01
    45.5
    1.310
    4.810

















    KL-16-318
    C-Klaza
    16.68
    24.77
    8.09
    3.48
    88.4
    1.394
    0.594
    including

    17.75
    18.59
    0.84
    10.35
    196
    3.140
    2.280
    and

    24.21
    24.77
    0.56
    33.20
    957
    14.950
    3.400
    and

    31.66
    32.34
    0.68
    1.52
    39.6
    0.701
    0.712
    and

    36.21
    36.80
    0.59
    5.96
    98.1
    1.770
    2.360
    and

    51.43
    52.57
    1.14
    1.50
    8.37
    0.241
    0.154
    and

    67.65
    68.15
    0.50
    3.22
    49.7
    0.682
    0.382

















    KL-16-319
    C-Klaza
    60.16
    68.19
    8.03
    1.11
    14.3
    0.094
    0.364
    including

    60.16
    60.78
    0.62
    2.20
    64.4
    0.414
    1.280
    including

    64.33
    65.44
    1.11
    1.71
    7.87
    0.101
    0.988
    including

    67.37
    68.19
    0.82
    5.56
    59.8
    0.123
    0.340

















    KL-16-321
    C-Klaza
    89.65
    90.17
    0.52
    9.85
    192
    0.181
    0.232

















    KL-16-323
    C-Klaza
    61.72
    63.62
    1.90
    4.88
    51.4
    0.443
    2.420
    including

    61.72
    62.24
    0.52
    15.25
    115
    1.115
    7.990
    and

    135.40
    136.50
    1.10
    4.06
    6.96
    0.199
    0.877
    and

    156.26
    156.86
    0.60
    2.53
    30.8
    0.084
    5.240
    and

    186.46
    189.22
    2.76
    5.98
    40.9
    0.388
    1.232
    including

    186.46
    186.88
    0.42
    18.90
    197
    1.675
    6.370
    including

    188.71
    189.22
    0.51
    16.60
    55.0
    0.667
    1.315
    and

    196.23
    196.73
    0.50
    2.80
    44.0
    0.072
    1.850
    and

    272.11
    273.26
    1.15
    1.76
    16.6
    0.247
    0.664



    274.40
    275.00
    0.60
    1.94
    20.2
    0.045
    1.525

















    KL-16-325
    E-Klaza
    12.52
    15.32
    2.80
    1.74
    2.83
    0.059
    0.286
    including

    12.52
    13.16
    0.64
    5.69
    7.98
    0.119
    0.776
    and

    45.60
    46.16
    0.56
    3.00
    17.2
    0.092
    0.409
    and

    49.69
    50.21
    0.52
    4.08
    10.6
    0.098
    0.386
    and

    88.63
    90.72
    2.09
    3.50
    37.2
    0.119
    0.674
    including

    90.06
    90.72
    0.66
    8.82
    95.4
    0.116
    0.562
    and

    128.58
    130.09
    1.51
    6.36
    299
    0.263
    0.515

















    KL-16-326
    E-Klaza
    27.12
    27.60
    0.48
    3.39
    12.4
    0.010
    0.048
    and

    48.20
    48.71
    0.51
    2.79
    82.8
    0.107
    0.047
    and

    51.30
    52.42
    1.12
    1.50
    117
    0.089
    0.053
    and

    209.50
    210.73
    1.23
    3.39
    74.1
    0.574
    0.955

















    KL-16-327
    E-Klaza
    13.48
    14.37
    0.89
    1.51
    9.58
    0.095
    0.199
    and

    48.84
    51.56
    2.72
    2.47
    6.76
    0.140
    0.274
    including

    48.84
    49.50
    0.66
    8.16
    25.3
    0.548
    0.976
    and

    77.31
    77.70
    0.39
    9.91
    304
    0.685
    1.690
    and

    85.52
    89.34
    3.82
    1.88
    44.4
    0.263
    0.366
    including

    86.34
    87.00
    0.66
    6.00
    162
    0.255
    0.447

















    KL-16-329
    E-Klaza
    62.40
    63.71
    1.31
    3.08
    273
    0.218
    0.647
    including

    62.40
    63.17
    0.77
    4.82
    446
    0.315
    0.839
    and

    72.49
    74.27
    1.78
    5.41
    129
    0.367
    0.820
    including

    73.72
    74.27
    0.55
    10.15
    359
    0.523
    1.200
    and

    109.48
    110.00
    0.52
    3.15
    24.9
    0.066
    0.145

















    KL-16-331
    C-Klaza
    59.00
    60.05
    1.05
    4.35
    16.2
    0.048
    0.495
    and

    96.66
    97.20
    0.54
    9.64
    37.9
    0.101
    0.113
    and

    117.38
    117.96
    0.58
    3.08
    34.0
    0.615
    0.667
    and

    129.05
    129.78
    0.73
    2.48
    8.44
    0.040
    0.092

















    KL-16-334
    C-Klaza
    45.79
    47.2
    1.41
    5.54
    95.1
    0.470
    1.218
    including

    45.79
    46.20
    0.41
    14.80
    264
    0.766
    2.620
    and

    51.94
    52.95
    1.01
    1.84
    95.7
    1.649
    1.333

















    KL-16-335
    C-Klaza
    56.21
    57.00
    0.79
    4.38
    445
    6.040
    6.720

















    KL-16-337
    C-Klaza
    92.00
    96.40
    4.40
    4.01
    36.0
    0.670
    0.941
    including

    94.60
    96.40
    1.80
    8.09
    84.0
    1.537
    2.120
    and

    129.07
    129.94
    0.87
    2.61
    16.6
    0.065
    0.123
    and

    146.83
    147.50
    0.67
    2.73
    16.2
    0.046
    0.326
    and

    152.00
    152.54
    0.54
    3.07
    17.2
    0.140
    0.514
    and

    164.59
    167.05
    2.46
    10.25
    52.9
    0.172
    0.700
    including

    165.91
    167.05
    1.14
    19.15
    104
    0.297
    1.415

















    KL-16-338
    C-Klaza
    21.02
    25.16
    4.14
    2.60
    22.0
    0.463
    0.496
    including

    21.02
    22.28
    1.26
    6.76
    49.1
    1.075
    1.060
    and

    35.13
    35.62
    0.49
    7.14
    73.6
    0.576
    2.550
    and

    53.26
    57.74
    4.48
    2.64
    13.7
    0.253
    0.415
    including

    56.97
    57.74
    0.77
    11.60
    45.4
    0.617
    1.770
    and

    64.12
    67.57
    3.45
    6.61
    74.7
    1.398
    1.154
    including

    64.83
    65.28
    0.45
    31.60
    164
    3.390
    3.670
    including

    66.93
    67.57
    0.64
    8.51
    222
    4.200
    2.400
    and

    93.24
    94.35
    1.11
    3.03
    65.9
    1.110
    0.964
    + Represents the diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
    C-Klaza represents Central Klaza Zone.
    E-Klaza represents Eastern Klaza Zone.

    Table II -Significant Assays Results from Other Zones

    Drill
    Hole

    Zone
    ID

    From
    (m)

    To
    (m)

    Interval
    (m)
    +

    Gold
    (g/t)

    Silver
    (g/t)

    Lead
    (%)

    Zinc
    (%)

















    KL-16-301
    E-BRX
    47.85
    48.93
    1.08
    1.21
    27.6
    0.025
    0.045

















    KL-16-302


    43.80
    44.57
    0.77
    1.68
    49.7
    0.032
    0.053
    and


    81.82
    83.16
    1.34
    1.30
    10.5
    0.064
    0.115
    and
    AEX
    100.30
    100.96
    0.66
    12.95
    62.6
    0.525
    0.606
    and

    109.17
    110.30
    1.13
    4.22
    30.1
    0.148
    0.340
    including

    109.17
    109.80
    0.63
    7.07
    34.9
    0.255
    0.405

















    KL-16-303
    AEX
    107.50
    108.50
    1.00
    1.91
    21.7
    0.148
    1.104
    and

    110.67
    111.15
    0.48
    3.54
    25.4
    0.222
    2.310
    and
    E-BRX
    158.47
    159.33
    0.86
    3.82
    26.5
    0.213
    2.545
    including

    158.88
    159.33
    0.45
    6.79
    48.6
    0.396
    4.840
    and

    191.44
    192.92
    1.48
    1.06
    4.29
    0.053
    0.111
    and

    196.80
    198.72
    1.92
    1.64
    24.7
    0.060
    0.072
    including

    196.80
    197.74
    0.94
    2.71
    18.0
    0.064
    0.117
    and

    200.84
    201.23
    0.39
    4.15
    3.12
    0.032
    0.026
    and

    215.32
    216.14
    0.82
    2.93
    240
    0.072
    0.030

















    KL-16-307
    BYG
    39.14
    39.95
    0.81
    1.31
    110
    3.210
    2.583
    and

    75.29
    75.62
    0.33
    3.63
    483
    12.450
    4.060
    and

    108.15
    109.58
    1.43
    2.04
    23.2
    0.510
    0.690

















    KL-16-308
    BYG
    70.34
    71.12
    0.78
    0.40
    102
    2.100
    0.611

















    KL-16-328
    Stroshein
    23.47
    25.94
    2.47
    2.37
    15.2
    0.040
    0.108

















    KL-16-330
    Stroshein
    77.24
    78.93
    1.69
    1.46
    2.60
    0.009
    0.022

















    KL-16-332
    Stroshein
    144.58
    145.02
    0.44
    4.03
    175
    1.340
    4.830
    and

    154.91
    157.12
    2.21
    1.40
    11.1
    0.142
    0.190

















    KL-16-333
    Stroshein
    33.90
    35.35
    1.45
    3.74
    54.4
    0.032
    0.018
    and

    96.00
    96.80
    0.80
    1.33
    38.3
    0.116
    0.467
    and

    136.25
    137.97
    1.72
    1.75
    1.08
    0.009
    0.010

















    KL-16-336
    Stroshein
    109.89
    110.45
    0.56
    3.23
    248
    0.660
    0.523
    and

    152.75
    153.45
    0.70
    1.44
    6.55
    0.067
    0.118
    + Represents the diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
    Drill hole KL-16-304 targeted the Pika Zone and did not intersect significant mineralization

    QAQC


    All analyses for rock and core samples from the 2016 program were performed by ALS Minerals with sample preparation in North Vancouver or Terrace 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.

    The 2016 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.

    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.

    Contact:
    Rockhaven Resources Ltd.
    Matthew Turner
    President, CEO and Director
    604-687-2522
    mturner@rockhavenresources.com

    Kin Communications Inc.
    Caleb Jeffries
    Investor Relations
    (604) 684-6730 / 1 (866) 684-6730 (toll-free)
    RK@kincommunications.com
  • 3.48 g/t gold and 88.4 g/t silver over 8.09 m - Hole 318
  • 10.25 g/t gold and 52.9 g/t silver over 2.46 m - Hole 337
  • 6.61 g/t gold and 74.7 g/t silver over 2.45 m - Hole 338
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