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Gold/Mining/Energy : Yukon Gold Rush II -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (2233)

9/12/2017 11:21:14 AM

From: LoneClone

Read Replies (1) | Respond to of 3069

Rockhaven Announces Initial Assays from 2017 Drilling at Klaza Project, Yukon

globenewswire.com

September 12, 2017 08:30 ET | Source: Rockhaven Resources Ltd.

VANCOUVER, British Columbia, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Rockhaven Resources Ltd. (TSX-V: RK) ("Rockhaven") is pleased to announce assay results from the first 28 holes of the 2017 diamond drill program at its 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon. The field program was completed ahead of schedule with a total of 15,922 m in 96 holes.

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.

Near surface assay highlights include:

7.57 g/t gold and 65.6 g/t silver over 2.90 m –Hole 366

14.14 g/t gold and 116 g/t silver over 1.93 m – Hole 365

36.90 g/t gold and 1,280 g/t silver over 0.83 m – Hole 341

1.25 g/t gold and 8.74 g/t silver over 14.04 m – Hole 360

6.57 g/t gold and 99.0 g/t silver over 2.22 m – Hole 362

12.65 g/t gold and 419 g/t silver over 1.16 m – Hole 343

14.10 g/t gold and 331 g/t silver over 1.13 m – Hole 344

4.78 g/t gold and 22.7 g/t silver over 2.96 m – Hole 346

3.79 g/t gold and 48.2 g/t silver over 3.78 m – Hole 339

19.50 g/t gold and 554 g/t silver over 0.63 m – Hole 342

3.00 g/t gold and 32.7 g/t silver over 6.98 m – Hole 356

“Enhancing the economics at Klaza is largely dependent on adding ounces amenable to open pit mining and these first holes help demonstrate the consistent nature and extent of the near surface gold mineralization within and adjacent to the Klaza and BRX zones,” stated Matt Turner, Rockhaven’s CEO. “These holes expand the area of mineralization and provide material needed to complete pre-concentration and metallurgical studies.”

The majority of the holes announced in this press release are from drilling conducted in the Central Klaza Zone, testing veins located within the zone and in its immediate footwall. All of the holes are situated within or adjacent to the proposed open pit as outlined in a March 1, 2016 Preliminary Economic Assessment (PEA) on the Klaza property. A copy of the PEA can be viewed on the Rockhaven website ( www.rockhavenresources.com).

The near-surface veins within the footwall of the Central Klaza Zone were first systematically tested during a drill program conducted in summer 2016. They comprise a laterally extensive complex of moderate to steeply dipping, fracture-filled veins and sheeted veinlets and the majority of these veins are not included in the mineral resource estimate or proposed mine plan contained in the PEA. Samples collected from the drill program will be used for pre-concentration metallurgical test work that will begin in fall 2017.

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, Eastern BRX and Pika zones are shown in Table I.

Table I – Significant Assay Results from the Central Klaza, Eastern BRX and Pika Zones (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-17-339	KZA	18.25	18.70	0.45	1.73	9.18	0.076	0.322
and	KZA	37.98	41.76	3.78	3.79	48.2	0.257	0.314
incl.	KZA	37.98	38.22	0.24	12.75	223	1.395	1.165
and incl.	KZA	41.00	41.76	0.76	14.75	167	0.824	1.160

KL-17-341	KZA	25.22	26.05	0.83	36.90	1280	3.870	1.445
and	KZA	35.00	38.75	3.75	1.79	21.2	0.167	0.155
and	KZA-FW	43.30	43.70	0.40	11.55	305	6.390	4.530
and	KZA-FW	71.01	71.98	0.97	0.24	140	1.440	0.722
and	KZA-FW	73.06	74.93	1.87	0.80	121	0.684	0.513

KL-17-342	KZA-HW	26.19	26.76	0.57	9.99	63.0	1.265	1.265
and	KZA	62.77	63.36	0.59	1.50	283	1.370	1.970
and	KZA	66.36	67.15	0.79	1.26	13.3	0.065	0.075
and	KZA	83.50	90.30	6.80	1.41	8.49	0.077	0.176
and	KZA	98.70	103.17	4.47	3.64	89.7	0.436	0.182
incl.	KZA	102.54	103.17	0.63	19.50	554	2.670	0.942

KL-17-343	KZA	88.40	89.03	0.63	4.61	87.5	0.670	0.683
and	KZA	98.31	103.00	4.69	4.13	205.1	1.412	0.491
incl.	KZA	101.84	103.00	1.16	12.65	419	3.630	0.814

KL-17-344	KZA	6.20	7.00	0.80	7.37	112	1.680	0.205
and	KZA	17.79	18.74	0.95	4.49	57.0	1.040	1.530
and	KZA	39.20	48.18	8.98	2.09	49.9	0.599	0.318
incl.	KZA	41.43	42.56	1.13	14.10	331	4.100	1.920

KL-17-345	KZA-HW	8.23	9.48	1.25	1.84	5.36	0.102	0.177
and	KZA	25.55	31.00	5.45	1.86	24.0	0.126	0.167
and	KZA-FW	52.67	53.25	0.58	2.36	46.4	0.987	1.060

KL-17-346	KZA	26.61	29.57	2.96	4.78	22.7	0.416	0.202
and	KZA-FW	40.34	40.68	0.34	6.26	32.6	0.752	3.260
and	KZA-FW	45.19	45.75	0.56	1.10	71.9	1.005	2.980
and	KZA-FW	59.55	61.36	1.81	2.08	12.9	0.149	0.541
and	KZA-FW	66.11	67.27	1.16	1.90	5.21	0.087	0.264
and	KZA-FW	73.46	74.74	1.28	1.78	13.2	0.273	1.555
and	KZA-FW	84.78	86.34	1.56	2.83	41.6	1.055	1.175
and	KZA-FW	110.88	111.65	0.77	1.03	8.1	0.072	0.173

KL-17-348	KZA-FW	20.42	21.15	0.73	1.09	79.2	2.490	0.542
and	KZA-FW	33.62	35.00	1.38	1.29	12.8	0.034	0.061
and	KZA-FW	44.32	45.10	0.78	2.29	41.0	0.325	3.040

KL-17-349	KZA-FW	26.52	28.00	1.48	1.18	59.2	0.088	1.712
and	KZA-FW	61.17	62.53	1.36	3.64	109	1.105	2.720
and	KZA-FW	73.25	73.55	0.30	11.00	203	6.350	7.770

KL-17-350	KZA-FW	23.66	24.77	1.11	4.28	305	0.364	1.195
and	KZA-FW	56.33	57.10	0.77	1.15	37.7	0.288	0.904
and	KZA-FW	62.38	63.62	1.24	1.24	47.5	0.238	0.442
and	KZA-FW	73.25	74.52	1.27	2.43	91.1	2.040	1.705

KL-17-351	KZA-FW	37.50	39.53	2.03	1.54	91.6	0.270	0.600
and	KZA-FW	43.56	44.08	0.52	3.70	86.5	0.543	0.640

KL-17-352	KZA-FW	25.26	25.94	0.68	1.47	31.0	0.829	0.382
and	KZA-FW	33.39	34.73	1.34	5.20	32.6	0.103	0.117
and	KZA-FW	45.47	45.80	0.33	3.78	8	0.094	0.073
and	KZA-FW	85.42	86.29	0.87	1.87	125	0.155	0.053
and	KZA-FW	114.30	114.63	0.33	21.20	244	1.100	4.920
and	KZA-FW	127.96	128.41	0.45	2.82	14.4	0.215	0.460

KL-17-353	KZA-FW	9.35	11.00	1.65	6.10	27.8	0.231	0.101
and	KZA-FW	43.29	44.81	1.52	2.80	87.0	0.072	0.102
and	KZA-FW	51.63	52.47	0.84	1.03	10.0	0.201	0.312
and	KZA-FW	92.86	93.43	0.57	5.56	412	0.384	0.174
and	KZA-FW	136.69	137.73	1.04	1.26	3.0	0.014	0.030

KL-17-354	KZA-FW	63.81	64.56	0.75	1.80	16.1	0.146	0.131
and	KZA-FW	77.00	77.85	0.85	1.51	8.33	0.070	0.130
and	KZA-FW	94.85	95.59	0.74	1.01	20.6	0.061	0.521
and	KZA-FW	137.55	142.76	5.21	1.08	11.9	0.078	0.950
incl.	KZA-FW	137.55	139.16	1.61	2.19	25.8	0.160	2.110
incl.	KZA-FW	142.34	142.76	0.42	4.66	40.5	0.256	3.310

KL-17-355	KZA-FW	39.16	39.65	0.49	14.35	93.5	0.201	0.408
and	KZA-FW	88.00	88.34	0.34	3.44	142	0.092	0.537
and	KZA-FW	121.14	122.54	1.40	3.03	31	0.142	0.188
incl.	KZA-FW	121.14	121.64	0.50	3.48	59.1	0.094	0.131
and incl.	KZA-FW	122.17	122.54	0.37	6.75	35.5	0.343	0.456
and	KZA-FW	140.30	140.69	0.39	6.17	77.5	0.128	0.190

KL-17-356	KZA	12.85	14.57	1.72	4.67	48.6	0.835	1.690
and	KZA	23.65	30.63	6.98	3.00	32.7	0.249	0.702
incl.	KZA	23.65	27.67	4.02	4.81	54.3	0.369	1.037
and	KZA-FW	70.13	71.40	1.27	3.34	84.9	0.128	0.315
and	KZA-FW	150.92	152.09	1.17	1.07	34.1	0.100	0.344
and	KZA-FW	171.85	172.39	0.54	2.16	42.0	0.100	0.127

KL-17-357	PIKA	81.05	81.53	0.48	1.38	34.9	0.088	0.132
and	PIKA	90.09	90.80	0.71	1.18	14.4	0.035	0.134

KL-17-358	PIKA	127.00	128.21	1.21	7.24	18.5	0.246	0.939
and	PIKA	135.03	135.82	0.79	4.52	15.2	0.065	0.038
and	PIKA	148.23	148.53	0.30	1.20	3.91	0.110	0.368

KL-17-359	KZA-FW	49.20	50.57	1.37	4.58	119	0.187	0.401
and	KZA-FW	76.15	76.83	0.68	1.23	42.3	0.198	0.332
and	KZA-FW	88.37	89.00	0.63	2.04	51.5	0.127	0.172

KL-17-360	KZA	11.80	17.72	5.92	1.86	11.4	0.024	0.548
incl.	KZA	11.80	12.20	0.40	17.45	132	0.285	7.830
and	KZA	30.00	44.04	14.04	1.25	8.74	0.023	0.151
incl.	KZA	30.00	30.53	0.53	9.18	34.2	0.216	3.030
and	KZA-FW	107.97	108.28	0.31	2.76	33.1	0.080	0.049
and	KZA-FW	144.17	144.48	0.31	3.19	164	0.131	0.088

KL-17-361	PIKA	77.09	77.49	0.40	6.76	57.8	0.153	0.140
and	PIKA	92.05	92.50	0.45	2.21	20.4	0.031	0.034

KL-17-362	PIKA	121.00	123.22	2.22	6.57	99.0	0.258	0.301
and	PIKA	156.57	157.03	0.46	8.67	28.2	0.088	0.091
and	PIKA	180.54	181.59	1.05	3.44	59.0	0.219	0.306

KL-17-363	BYG	11.70	12.28	0.58	5.85	173	0.193	0.084
and	BYG	43.07	43.68	0.61	3.82	10.5	0.075	0.806
and	KZA-HW	55.7	57.40	1.70	3.03	27.9	0.157	1.761
and	KZA-HW	56.84	57.40	0.56	6.98	63.5	0.329	3.600
and	KZA-HW	72.73	73.32	0.59	1.81	10.4	0.155	0.806
and	KZA-HW	92.37	92.97	0.60	1.84	21.2	0.086	1.535
and	KZA	132.20	133.75	1.55	1.95	7.24	0.030	0.132
and	KZA	142.64	143.06	0.42	3.38	70.8	0.115	10.950
and	KZA-FW	190.77	191.45	0.68	4.18	158	0.088	0.126

KL-17-364	AEX	29.28	32.00	2.72	1.00	56.9	1.555	1.215
and	EBRX	107.00	108.00	1.00	1.13	28.6	0.004	0.013
and	EBRX	129.00	129.61	0.61	5.39	11.5	0.018	0.025
and	EBRX	149.53	150.04	0.51	2.40	161	0.247	0.447
and	EBRX	176.79	177.50	0.71	2.78	26.6	0.053	0.150
and	PIKA	196.81	197.41	0.60	1.09	53.5	0.020	0.076
and	PIKA	245.60	246.03	0.43	2.05	11.2	0.021	0.052

KL-17-365	KZA-HW	40.00	40.47	0.47	8.71	25.8	0.137	9.280
and	KZA-HW	51.70	53.28	1.58	7.76	16.2	0.165	0.783
and	KZA	105.37	114.75	9.38	4.08	44.2	0.084	0.545
incl.	KZA	112.82	114.75	1.93	14.14	116	0.173	1.544
and	KZA-FW	124.27	124.81	0.54	4.73	35.5	0.309	0.790

KL-17-366	KZA	47.60	50.50	2.90	7.57	65.6	0.418	0.742
incl.	KZA	47.60	48.28	0.68	20.40	122	0.332	0.960
and	KZA	69.09	69.45	0.36	21.90	874	1.235	1.680
and	KZA-FW	114.38	114.91	0.53	2.70	168	0.069	0.146
and	KZA-FW	127.53	128.06	0.53	1.07	11.0	0.085	0.165
and	KZA-FW	145.22	145.74	0.52	11.05	256	0.247	0.059
and	KZA-FW	157.78	158.10	0.32	9.97	441	0.242	0.248
and	KZA-FW	166.80	167.55	0.75	1.19	33.5	0.093	0.175
and	KZA-FW	209.24	210.42	1.18	12.35	81.1	0.157	1.931
incl.	KZA-FW	209.24	209.63	0.39	21.50	32.7	0.193	5.120
+ Represents the diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval. KL-17-340 and KL-17-347 did not return significant mineralization

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.