GoldHaven Resources Advances Diamond Drilling at Copeçal Gold Project
GoldHaven Resources Corp. (CSE: GOH | OTCQB: GHVNF | Frankfurt: 4QS) has announced an exciting milestone at its Copeçal Gold Project, located in Brazil. The company has successfully completed eight diamond drill holes and is currently progressing with a ninth hole aimed to follow up on a significant sulphide intersection from their previous drilling efforts.
Maiden Drilling Program Insights
The initial drilling program focused on high-priority gold targets, which have been identified through detailed soil and auger geochemistry and supported by geophysical surveys. With the promising results showcased so far, the company has decided to expand the scope of the program by including a ninth drill hole.
Following Up on Sulphide Intersections
The ninth hole will drill into the eastern target area, strategically positioned to evaluate the mineralization potential following the discovery of disseminated sulphides, specifically pyrite and chalcopyrite, at depths of 79 meters to 100.25 meters in hole COPE-PDH-004. This follow-up aims to assess the scale and continuity of this emerging mineralized zone further.
Recent Findings and Future Plans
As excitement builds, GoldHaven is eagerly awaiting assay results from hole COPE-PDH-004 and portions of earlier holes. To date, a total of 889.55 meters have been drilled, with the eastern and western targets showing promising geological features worthy of further exploration.
Diverse Geological Features Explored
The four drill holes conducted at the West Target have revealed saprolite up to a depth of roughly 50 meters, composed of these with varying degrees of granodiorite gneiss and biotite schist. This unexpected thickness is raising hopes for additional mineralization. The ongoing geological logging and sampling processes will shine a light on the complexities of this richly mineralized area.
Completion of the Initial Phase
With the completion of the ninth drill hole anticipated soon, GoldHaven will conclude this reconnaissance phase. The subsequent steps involve geologically logging and sampling all cores, with assay results to be disclosed as they become available. The approach reflects GoldHaven's commitment to detailed and systematic exploration as they progress toward their discovery objectives.
GoldHaven’s Vision and Commitment
Rob Birmingham, President and CEO of GoldHaven, expressed optimism about the recent drilling accomplishments. He mentioned that the sulphide interval found in hole COPE-PDH-004 serves as compelling evidence supporting the substantial surface gold anomalies previously noted. The addition of a follow-up hole demonstrates a disciplined strategy aimed at advancing exploration in high-priority areas.
A Rich Geological History
The Copeçal Gold Project is strategically located within the Alta Floresta Gold Province, known for its rich history of gold production since the 1970s. GoldHaven's tenements encompass 3,681 hectares in an area recognized for mesothermal shear-related and intrusion-related gold deposits, underscoring the project's potential.
Exploration Milestones Entered
The Juruena Gold Province, host to the Copeçal project, is gaining traction due to not just the historical mining successes but also because of new explorations revealing multi-deposit styles. Past explorations by AngloGold Ashanti truly highlighted this area’s abundant gold presence. Their systematic approach from 2010 to 2016 including assays and geophysical surveys helped delineate several noteworthy gold zones, paving the way for GoldHaven's efforts today.
About GoldHaven Resources Corp.
GoldHaven Resources has positioned itself as a pioneering Canadian junior exploration company focusing on acquiring and developing highly promising land in North and South America. Besides Copeçal, their portfolio includes other significant projects, such as the flagship Magno Project in British Columbia and several critical mineral projects encompassing a total of 123,900 hectares in Brazil.
Qualified Expertise at the Helm
Jonathan Victor Hill, a recognized Qualified Person, has ensured that the scientific and technical information shared by the company maintains a high standard of accuracy and reliability.
Frequently Asked Questions
What is the significance of the ninth drill hole at Copeçal?
The ninth drill hole aims to follow up on previous promising sulphide intersections found in earlier drilling, assessing the potential for mineralization depth and continuity.
How many total meters have been drilled to date at the project?
As of now, a total of 889.55 meters have been drilled across both the eastern and western targets at the Copeçal Gold Project.
What are the key minerals targeted at the Copeçal Project?
The main minerals being explored include gold, pyrite, and chalcopyrite, which are indicators of potential mineralization in the area.
How does the Copeçal Project fit into GoldHaven's overall strategy?
The Copeçal Project is a crucial part of GoldHaven's strategy aimed at developing high-potential gold projects and building a competitive presence in the mining industry.
Who is overseeing the geological exploration?
The geological exploration is managed by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, ensuring that all technical information adheres to industry standards.
