Rockhaven Resources Ltd. Intersects 8.54 g/t Gold and 674 g/t Silver over 2.26 m at Klaza Project, Yukon

VANCOUVER, British Columbia, Nov. 14, 2017 (GLOBE NEWSWIRE) — Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce assay results for an additional 15 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 56 holes were released on September 12, September 26 and October 16, 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 are from the Central Klaza, Western Klaza and BYG zones.

Assay highlights from this news release include:

  • 10.94 g/t gold and 81.7 g/t silver over 3.74 m; plus
    2.17 g/t gold and 76.3 g/t silver over 7.09 m – Hole 388
  • 8.54 g/t gold and 674 g/t silver over 2.26 m – Hole 412
  • 21.13 g/t gold and 116 g/t silver over 1.36 m – Hole 392
  • 6.18 g/t gold and 441 g/t silver over 1.01 m – Hole 414
  • 8.91 g/t gold and 452 g/t silver over 2.69 m – Hole 419
  • 6.84 g/t gold and 44.5 g/t silver over 3.69 m – Hole 389
  • 1.20 g/t gold and 22.1 g/t silver over 9.52 m – Hole 427

“Drilling in 2017 has successfully expanded the area of mineralization and further confirmed the exceptional continuity of high-grade gold and silver veins within the Klaza Zone,” stated Matt Turner, Rockhaven’s CEO. “We are currently revising the geological model for this zone and anticipate an updated resource estimate in early 2018.”

Central and Western Klaza Zones

The Klaza Zone is one of eleven main vein systems identified to date in the core of the Klaza property. The Central and Western parts of the zone and adjacent subsidiary structures have been traced over a combined 1,400 m strike length and to a maximum depth of 325 m. A total of 10,300 m have been completed in 2016 and 2017 on the Klaza Zone subsequent to a resource estimate that was announced in December 2015 (See January 22, 2016 Klaza Property Technical Report on the Rockhaven website (www.rockhavenresources.com). Maps and sections highlighting results from the 2016 and 2017 exploration programs can be viewed on Rockhaven’s website.

The Central Klaza Zone is a laterally extensive complex of steeply dipping veins, breccias and sheeted veinlets emplaced within a 25 to 100 m wide structural corridor. It currently hosts an inferred mineral resource of 3,794,000 tonnes containing 470,000 oz gold, 6,796,000 oz silver, 60.2 million lbs lead and 88.3 million lbs zinc at an average grade of 3.85 g/t gold, 56.0 g/t silver, 0.72% lead and 1.06% zinc.

The Western Klaza Zone consists of a single discrete vein and currently hosts an inferred mineral resource estimate of 542,000 tonnes containing 98,000 oz gold, 3,455,000 oz silver, 7.7 million lbs lead and 10.6 million lbs zinc at an average grade of 5.62 g/t gold, 198.0 g/t silver, 0.64% lead and 0.88% zinc.

Significant new drill results from the Central Klaza (KZA), Western Klaza (WKZA) and Western BYG (WBYG) 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-17-388   KZA-HW   51.68   55.42   3.74   10.94   81.7   0.929   1.350
including   KZA-HW   53.48   53.95   0.47   64.80   250   4.250   5.760
and   KZA   102.46   109.55   7.09   2.17   76.3   1.307   0.704
including   KZA   102.66   103.07   0.41   18.80   941   15.300   9.250
including   KZA   109.00   109.55   0.55   12.25   222   4.160   1.760
and   KZA-FW   118.57   120.00   1.43   1.51   12.6   0.372   0.768
and   KZA-FW   144.46   145.39   0.93   3.23   14.2   0.389   0.349
                                 
KL-17-389   KZA-HW   77.33   77.83   0.50   1.62   25.8   0.431   0.685
and   KZA-HW   94.81   95.27   0.46   2.46   49.0   1.020   1.065
and   KZA-HW   144.00   144.90   0.90   1.57   21.4   0.445   0.606
and   KZA-HW   150.61   151.49   0.88   2.12   28.8   0.395   0.739
and   KZA-HW   154.27   155.77   1.50   1.34   43.4   1.087   2.259
and   KZA   166.00   173.41   7.41   3.77   24.7   0.387   0.531
including   KZA   168.71   172.40   3.69   6.84   44.5   0.681   0.801
and   KZA   176.35   177.00   0.65   1.49   14.6   0.360   0.307
and   KZA   187.45   189.84   2.39   1.61   8.81   0.086   0.211
including   KZA   187.45   187.84   0.39   8.39   42.4   0.293   0.907
and   KZA-FW   193.00   198.00   5.00   1.63   11.1   0.281   0.252
including   KZA-FW   194.65   195.28   0.63   9.60   51.5   1.480   1.215
                                 
KL-17-392   KZA-HW   58.00   60.20   2.20   1.27   14.8   0.100   0.591
and   KZA-HW   82.52   83.13   0.61   1.46   106   0.404   1.670
and   KZA-HW   86.64   87.08   0.44   1.49   28.2   0.470   0.601
and   KZA-HW   99.47   101.10   1.63   2.26   32.4   0.345   0.437
and   KZA-HW   157.92   158.74   0.82   1.94   21.2   0.403   0.757
and   KZA   166.80   168.16   1.36   21.13   116   1.603   2.235
and   KZA   177.10   179.05   1.95   2.73   28.3   0.300   0.160
and   KZA-FW   193.32   194.14   0.82   1.26   37.5   0.267   0.617
                                 
KL-17-408   WKZA   52.27   55.53   3.26   2.30   172   0.402   0.423
including   WKZA   52.27   52.60   0.33   17.60   1520   3.620   2.860
                                 
KL-17-411   WKZA   49.37   50.06   0.69   2.98   3.40   0.005   0.009
                                 
KL-17-412   WKZA   23.74   26.00   2.26   8.54   674   1.403   0.208
and   WKZA   29.00   29.41   0.41   1.83   131   0.374   0.754
                                 
KL-17-414   WKZA   64.34   65.35   1.01   6.18   441   1.649   0.637
including   WKZA   65.04   65.35   0.31   15.45   1160   4.750   1.580
                                 
KL-17-415   WKZA   30.00   31.30   1.30   2.87   156   0.852   0.546
including   WKZA   31.00   31.30   0.30   8.16   676   3.680   2.040
and   WKZA   36.25   36.60   0.35   6.22   507   1.065   1.240
                                 
KL-17-417   WBYG   7.96   8.29   0.33   2.09   39.4   0.164   0.074
and   WKZA   124.51   125.46   0.95   1.65   54.4   0.520   0.695
                                 
KL-17-419   WBYG   21.69   22.30   0.61   1.32   74.5   0.261   0.456
and   WKZA   115.86   118.55   2.69   8.91   452   1.934   3.385
including   WKZA   117.54   118.55   1.01   22.55   927   3.583   4.747
                                 
KL-17-421   KZA-HW   59.43   60.12   0.69   1.18   5.98   0.076   0.212
and   KZA-HW   102.33   103.00   0.67   3.00   159   0.220   0.556
and   KZA-HW   139.81   140.69   0.88   1.85   648   2.850   0.997
and   KZA   186.80   191.85   5.05   1.43   24.0   0.203   0.295
                                 
KL-17-425   KZA   44.6   46.65   2.05   2.19   45.0   0.199   1.095
and   KZA   50.12   50.76   0.64   2.02   20.4   0.450   0.683
                                 
KL-17-427   KZA   47.42   48.36   0.94   1.03   2.36   0.008   0.010
and   KZA   55.33   64.85   9.52   1.20   22.1   0.205   0.183
including   KZA   58.85   59.47   0.62   13.80   304   2.710   1.535
and   KZA-FW   98.04   99.18   1.14   2.90   7.24   0.085   0.243
and   KZA-FW   116.55   117.03   0.48   5.51   483   2.680   0.809
                                 
KL-17-430   KZA   25.42   27.27   1.85   1.06   16.5   0.176   0.558
and   KZA   38.48   39.14   0.66   2.02   86.1   0.601   0.820
and   KZA   40.15   40.73   0.58   1.27   6.35   0.048   0.102

+ Represents the diamond drill hole or trench sample length. True widths are estimated to be approximately 80-90% of the interval.
KL-17-410 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, 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.

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

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