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Gold/Mining/Energy : Yukon Gold Rush II

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To: LoneClone who wrote (2241)

9/26/2017 7:44:52 PM

From: LoneClone

of 3069

Rockhaven Intersects 182 g/t Gold over 0.61 m at Klaza Project, Yukon

globenewswire.com

September 26, 2017 08:50 ET | Source: Rockhaven Resources Ltd.

VANCOUVER, Sept. 26, 2017 (GLOBE NEWSWIRE) -- Rockhaven Resources Ltd. (TSX-V: RK) ("Rockhaven") is pleased to announce assay results for an additional 21 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 28 holes were released on September 12, 2017. The main objectives of the 2017 program were to: better define and expand the near-surface mineral resources through infill and step-out drilling; explore for new gold zones through drilling, trenching and geophysics; and, continue to advance the metallurgical and engineering facets of the Klaza project. Holes in this release were mostly from the Central Klaza and Eastern BRX zones.

Assay highlights from this news release include:

182 g/t gold and 231 g/t silver over 0.61 m; and,
7.00 g/t gold and 7.12 g/t silver over 2.92 m – Hole 376

4.18 g/t gold and 30.1 g/t silver over 6.94 m – Hole 370

13.38 g/t gold and 397 g/t silver over 1.05 m – Hole 383

4.41 g/t gold and 23.0 g/t silver over 5.81 m – Hole 372

4.10 g/t gold and 46.3 g/t silver over 4.32 m – Hole 380

3.09 g/t gold and 7.01 g/t silver over 5.60 m – Hole 384

12.09 g/t gold and 43.7 g/t silver over 1.20 m – Hole 373

5.16 g/t gold and 16.7 g/t silver over 3.00 m –Hole 368

12.20 g/t gold and 57.5 g/t silver over 1.05 m; and,
12.60 g/t gold and 166 g/t silver over 0.90 m – Hole 385

4.50 g/t gold and 96.0 g/t silver over 2.76 m – Hole 378

3.15 g/t gold and 10.1 g/t silver over 4.31 m – Hole 374

“The 2017 exploration program continues to produce consistent, high-grade results from near surface targets,” stated Matt Turner, Rockhaven’s CEO. “We are especially excited by the results from drill hole 376, which includes the highest grade intersection to date from the Klaza project. This is similar to intercepts that characterize the Western BRX Zone. Prior to hole 376, the best drill interval from the project (66.20 g/t gold and 403 g/t silver over 1.00 m) came from hole 154 within the Western BRX Zone (July 29, 2014 news release).”

Current mineral resources within the Central Klaza Zone relate to veins emplaced along and adjacent to moderately dipping, northwest trending dykes. A secondary set of mineralization is developed in the footwall of the primary vein system. This footwall mineralization trends oblique to the primary trend and comprises an extensive network of narrow veins and mineralized fractures. Many of the intercepts announced to date from the 2017 program lie outside of the current mineral resource and existing mine plan, as presented in the March 2016 Preliminary Economic Assessment report prepared by AMC Mining Consultants (Canada) Ltd. Drilling this year has demonstrated that higher-grade and/or wider mineralized intervals exist within the Central Klaza Zone, at junctions between the two mineralized trends.

Drilling within the Eastern BRX Zone was designed to better delineate veins and fracture fillings that comprise the zone. Core from this year’s program will be used for additional metallurgical testing, which is necessary to incorporate the Eastern BRX Zone into future economic studies.

Maps and sections from the 2017 exploration program can be viewed at Rockhaven’s website ( www.rockhavenresources.com).

Significant new drill results from the Central Klaza (KZA), Eastern BRX (EBRX), Central BRX (CBRX), Pika, AEX, BYG and Dickson zones are shown in Table I.

Table I – Significant Assay Results
(FW=Footwall and HW=Hanging Wall)

Drill Hole	Zone ID	From (m)	To (m)	Interval (m)+	Gold (g/t)	Silver (g/t)	Lead (%)	Zinc (%)
KL-17-367	EBRX	92.29	92.98	0.69	4.34	235	0.337	0.406
and	EBRX	96.93	97.26	0.33	1.52	457	0.777	1.875
and	EBRX	104.15	104.84	0.69	5.34	109	0.322	0.295
and	EBRX	142.36	142.86	0.50	3.24	27.4	0.062	0.264
and	EBRX	167.56	168.00	0.44	5.05	220	0.171	0.029
and	EBRX	171.98	172.28	0.30	9.59	594	3.060	3.030

KL-17-368	KZA	23.24	25.72	2.48	3.56	85.6	0.204	2.546
incl.	KZA	24.86	25.72	0.86	8.22	241	0.453	7.180
and	KZA	39.00	42.00	3.00	5.16	16.7	0.024	0.025
and	KZA-FW	102.00	102.51	0.51	2.04	24.6	0.024	0.023
and	KZA-FW	143.08	143.68	0.60	6.15	50.9	0.001	0.005
and	KZA-FW	181.32	184.63	3.31	1.43	28.6	0.059	0.248
incl.	KZA-FW	184.27	184.63	0.36	10.60	209	0.239	0.088
and	KZA-FW	193.92	194.47	0.55	1.20	7.08	0.014	0.152

KL-17-369	EBRX	55.80	56.25	0.45	1.40	408	0.428	0.861
and	EBRX	57.34	60.33	2.99	1.06	38.5	0.067	0.095
and	EBRX	63.76	65.28	1.52	3.81	197	0.842	1.734
and	EBRX	123.59	124.59	1.00	1.32	188	0.151	0.383
and	EBRX	129.11	131.50	2.39	1.94	1.89	0.003	0.077

KL-17-370	KZA	13.40	20.34	6.94	4.18	30.1	0.233	2.084
incl.	KZA	13.40	13.70	0.30	27.10	105	1.210	8.460
incl.	KZA	16.16	17.25	1.09	15.02	147	0.872	8.606
incl.	KZA	20.03	20.34	0.31	12.60	21.5	0.217	4.550
and	KZA	25.66	28.20	2.54	3.94	7.64	0.169	0.169
incl.	KZA	27.83	28.20	0.37	19.9	31.2	0.788	0.194
and	KZA-FW	78.94	79.44	0.50	1.23	8.15	0.002	0.007
and	KZA-FW	101.07	101.43	0.36	1.54	34.1	0.677	0.728
and	KZA-FW	115.84	117.72	1.88	1.37	29.6	0.162	0.756
and	KZA-FW	147.18	148.44	1.26	1.15	41.5	0.108	0.045
and	KZA-FW	159.85	160.44	0.59	10.05	86.6	0.193	0.951

KL-17-371	KZA-FW	87.00	87.67	0.67	1.46	37.4	0.002	0.005
and	KZA-FW	106.21	106.70	0.49	3.94	236	4.190	2.040
and	KZA-FW	127.53	129.00	1.47	1.31	46.7	0.015	0.030
incl.	KZA-FW	127.53	127.96	0.43	3.12	115.0	0.037	0.056
and	KZA-FW	130.32	130.71	0.39	1.44	17.6	0.006	0.015

KL-17-372	AEX	45.88	51.69	5.81	4.41	23.0	0.154	0.313
incl.	AEX	49.00	50.16	1.16	17.10	77.7	0.735	1.450
and	EBRX	83.11	84.11	1.00	1.00	0.77	0.007	0.011
and	EBRX	121.32	121.76	0.44	12.80	151	0.607	6.970
and	EBRX	182.00	182.52	0.52	5.51	60.2	0.036	0.030
and	PIKA	223.44	227.49	4.05	1.13	32.4	0.050	0.049
incl.	PIKA	223.44	224.00	0.56	3.72	51.2	0.078	0.040
incl.	PIKA	226.66	227.49	0.83	2.24	102	0.156	0.120
and	PIKA	242.10	242.81	0.71	1.27	1.58	0.038	0.210

KL-17-373	KZA	8.00	9.11	1.11	1.68	8.07	0.156	0.136
and	KZA	14.93	16.13	1.20	12.09	43.7	0.344	0.856
incl.	KZA	15.69	16.13	0.44	30.40	111	0.747	2.050
and	KZA	36.93	37.92	0.99	2.71	19.6	0.348	0.360
and	KZA-FW	45.95	46.25	0.30	8.71	52.6	0.724	8.670
and	KZA-FW	112.21	113.36	1.15	1.43	17.3	0.311	1.385
and	KZA-FW	131.42	132.46	1.04	2.33	18.4	0.331	0.533
and	KZA-FW	155.96	157.45	1.49	3.47	15.6	0.227	0.613

KL-17-374	KZA-HW	33.29	34.20	0.91	2.70	13.9	0.136	0.376
and	KZA	51.97	56.28	4.31	3.15	10.1	0.113	0.769
incl.	KZA	52.77	53.21	0.44	8.44	37.2	0.282	4.620
incl.	KZA	55.02	56.28	1.26	6.80	8.39	0.070	0.697
and	KZA-FW	96.12	96.62	0.50	2.44	8.30	0.009	0.023
and	KZA-FW	159.39	160.05	0.66	1.21	14.9	0.007	0.043
and	KZA-FW	169.93	171.20	1.27	3.38	11.5	0.001	0.006
and	KZA-FW	172.82	173.65	0.83	1.31	12.8	0.005	0.009

KL-17-375	EBRX	18.23	19.00	0.77	1.42	66.8	0.088	0.061
and	EBRX	70.41	70.85	0.44	2.66	294	0.260	1.400
and	EBRX	126.88	127.35	0.47	17.20	21.6	0.042	0.134
and	EBRX	134.70	135.12	0.42	1.78	245	0.121	0.087
and	EBRX	149.16	149.66	0.50	1.66	6.00	0.014	0.016
and	PIKA	166.03	166.48	0.45	2.60	103	0.210	0.865
and	PIKA	178.20	178.69	0.49	13.20	23.0	0.043	0.045

KL-17-376	KZA-HW	5.61	6.03	0.42	2.99	39.3	0.002	0.005
and	KZA-HW	25.66	26.16	0.50	2.65	31.0	0.014	0.011
and	KZA	77.71	80.63	2.92	7.00	7.12	0.041	0.293
incl.	KZA	78.78	79.37	0.59	26.70	12.1	0.141	1.120
and	KZA	90.62	91.64	1.02	1.13	4.08	0.006	0.013
and	KZA	99.33	99.94	0.61	182.00	231	2.360	5.360
and	KZA-FW	112.57	113.12	0.55	1.51	10.8	0.033	0.036
and	KZA-FW	146.92	147.55	0.63	4.04	28.5	0.256	0.922
and	KZA-FW	149.82	150.84	1.02	2.14	7.78	0.001	0.005
and	KZA-FW	172.90	173.88	0.98	1.58	57.2	0.003	0.008
and	KZA-FW	189.43	191.11	1.68	1.75	3.94	0.024	0.084
and	KZA-FW	205.17	206.17	1.00	8.28	101	0.005	0.011
and	KZA-FW	217.22	217.76	0.54	1.30	8.01	0.065	0.477

KL-17-377	CBRX	148.39	148.69	0.30	5.12	69.6	1.255	2.040
and	CBRX	152.02	152.36	0.34	2.42	12.0	0.103	0.190
and	CBRX	155.08	156.41	1.33	1.59	30.5	0.319	0.522

KL-17-378	BYG	34.19	35.66	1.47	2.96	25.2	0.058	2.021
and	KZA-HW	102.79	103.11	0.32	2.08	19.4	0.108	2.380
and	KZA-HW	120.00	120.55	0.32	2.29	3.46	0.016	0.015
and	KZA	132.25	132.86	0.61	1.18	7.91	0.132	0.238
and	KZA	141.26	142.04	0.78	1.08	5.07	0.029	0.845
and	KZA	145.09	145.76	0.67	5.79	5.26	0.019	0.066
and	KZA	151.74	154.50	2.76	4.50	96.0	0.180	0.707
incl.	KZA	153.66	154.50	0.84	12.15	231	0.395	1.250

KL-17-379	Dickson	41.60	41.97	0.37	1.91	15.3	0.117	0.774
and	Dickson	55.59	56.57	0.98	3.17	40.4	0.064	0.091

KL-17-380	BYG	17.53	19.96	2.43	1.67	45.2	1.243	0.274
and	BYG	53.75	54.05	0.30	1.79	33.5	0.444	3.160
and	BYG	68.91	69.31	0.40	12.15	277	3.270	4.030
and	KZA-HW	151.49	154.10	2.61	1.10	5.79	0.013	0.090
and	KZA	190.64	191.00	0.36	8.34	68.1	0.166	3.600
and	KZA	197.55	201.87	4.32	4.10	46.3	0.128	0.786
and	KZA-FW	225.11	225.44	0.33	4.82	185	0.503	1.745
and	KZA-FW	230.89	231.20	0.31	5.09	103	0.136	6.000
and	KZA-FW	238.40	239.88	1.48	5.21	92.0	0.216	3.208
incl.	KZA-FW	239.48	239.88	0.40	16.60	321	0.560	10.150
and	KZA-FW	245.97	246.60	0.63	5.92	89.9	0.270	1.925

KL-17-381	KZA-HW	100.48	101.55	1.07	1.42	16.5	0.729	1.385
and	KZA	136.25	136.99	0.74	1.28	6.10	0.077	0.297
and	KZA	147.89	149.29	1.40	6.55	42.3	0.226	3.030
incl.	KZA	148.77	149.29	0.52	16.3	63.1	0.181	6.370
and	KZA-FW	170.30	170.80	0.50	2.19	22.8	0.141	2.030
and	KZA-FW	199.55	199.97	0.42	2.14	138	1.520	3.990

KL-17-382	Dickson	52.16	52.59	0.43	0.58	345	5.740	1.125
and	Dickson	146.89	147.73	0.84	2.09	5.36	0.173	0.318
and	Dickson	301.64	302.26	0.62	4.89	38.6	0.284	2.370
and	Dickson	322.83	324.88	2.05	2.73	3.05	0.049	0.237

KL-17-383	KZA	24.53	25.58	1.05	13.38	397	9.803	15.372
incl.	KZA	24.53	25.00	0.47	22.90	601	13.200	29.800
and	KZA	43.80	44.81	1.01	2.56	12.7	0.197	0.021
and	KZA-FW	93.30	93.80	0.50	1.04	18.8	0.256	0.422
and	KZA-FW	124.26	125.56	1.30	4.07	31.6	0.331	1.533
incl.	KZA-FW	125.26	125.56	0.30	14.30	107	1.265	6.190
and	KZA-FW	133.92	134.52	0.60	5.03	8.63	0.086	0.170

KL-17-384	KZA	65.76	71.36	5.60	3.09	7.01	0.156	0.325
incl.	KZA	65.76	66.54	0.78	13.20	16.9	0.460	0.961
and	KZA	82.35	82.73	0.38	6.79	54.7	1.345	0.901
and	KZA-FW	95.16	96.65	1.49	5.34	47.6	0.934	1.705
incl.	KZA-FW	96.10	96.65	0.55	12.00	80.1	1.680	2.990
and	KZA-FW	131.40	132.88	1.48	3.55	23.2	0.080	0.219
and	KZA-FW	142.15	142.73	0.58	1.66	28.4	0.742	0.627

KL-17-385	KZA-HW	17.95	19.00	1.05	12.20	57.5	1.160	1.205
and	KZA-HW	26.10	27.00	0.90	12.60	166	1.115	1.205
and	KZA-HW	38.85	41.20	2.35	4.18	15.9	0.250	0.401
and	KZA	60.66	62.27	1.61	5.22	179	2.801	2.508
and	KZA	81.52	82.20	0.68	7.22	64.6	0.661	0.666
and	KZA-FW	88.90	89.62	0.72	2.59	57.3	0.553	0.379

KL-17-386	Dickson	251.41	251.74	0.33	1.10	874	5.660	4.430
and	Dickson	257.58	258.08	0.50	1.56	444	3.590	1.345

KL-17-387	KZA-HW	65.06	67.35	2.29	2.26	37.3	0.997	0.408
and	KZA-HW	80.23	80.57	0.34	2.06	30.6	0.484	0.833
and	KZA-HW	86.38	86.86	0.48	2.02	19.4	0.344	0.759
and	KZA	105.97	107.07	1.10	5.00	111	0.786	6.734
incl.	KZA	105.97	106.37	0.40	12.2	292	1.84	17.8
and	KZA-FW	129.52	130.15	0.63	2.06	71.1	2.91	2.13
and	KZA-FW	134.65	135.08	0.43	4.76	95.7	2.32	2.82
and	KZA-FW	157.5	158.09	0.59	4.50	115	1.92	1.8

+ 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 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.

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 Turner
President, CEO and Director
Rockhaven Resources Ltd.
T:604-687-2522
mturner@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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