- Focus on Exploration Discoveries plus Continued Definition of Existing Mineral Resources
May 10, 2021 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce the 2021 exploration plans for its 100%-owned and road accessible Klaza Project , located in the Dawson Range Gold Belt of southern Yukon. The Klaza Project hosts high-grade epithermal gold and silver mineral resources with positive economics illustrated by the Preliminary Economic Assessment completed in 2020 (See PEA Press Release dated July 13, 2020).
“The 2021 work program combines the hunt for new, large-scale discoveries with continued de-risking of the Klaza Project through focused infill drilling, metallurgical test work and engineering studies,” stated Matt Turner, Rockhaven’s CEO. “This program is intended to advance the known deposits in support of a planned preliminary feasibility study while simultaneously evaluating the potential for new areas of mineralization extending from the porphyry core to the adjacent high grade gold-silver epithermal vein field, which currently has an impressive 15 km2 extent.”
The planned 2021 exploration program is fully funded and is scheduled to begin in early June. It will utilize two diamond drills and include 5,000 m of drilling focused on the continued conversion of resources from inferred to indicated and 7,000 m designed to expand the scope of the project by testing high priority exploration targets outside the current mineral resources.
Exploration Drilling
Priority exploration targets include bulk tonnage copper-gold-molybdenum-silver porphyry targets that are likely the main driver for mineralization in the Klaza district and yet are relatively under explored. Porphyry-style targets to be tested in 2021 are:
Kelly Porphyry Target – Porphyry copper-gold-molybdenum-silver mineralization identified by widely spaced drilling over a 4 km2 area will be the focus of two fences of holes testing chargeability high/resistivity low IP anomalies that coincide with magnetic lows and strong copper, molybdenum and gold soil geochemical anomalies. This target lies immediately to the southeast of the vein system hosting the Klaza Deposit and has lithogeochemical and alteration signatures consistent with bulk tonnage porphyry-style mineralization.
Etzel/Cyprus Porphyry Target – This second lightly explored, bulk-tonnage target is located in a valley bottom, southeast of the Kelly Porphyry. It hosts gold and copper-gold mineralization spread over a 4½ km2 area that will be tested by four holes.
Rockhaven also plans to continue to explore for extensions to known higher grade gold-silver vein systems, including the high-grade Western BRX and newly discovered Rusk vein complex:
Rusk – This vein complex is located 3 km south of the Klaza deposit and was discovered in 2020 when drilling intersected several zones of gold-silver-lead-zinc mineralization over thicknesses of 1-10 m. The 2021 drilling will evaluate the strike extent and grade continuity of the strongest veins, with initial step out holes planned to test near surface mineralization over a 400 m strike length.
Western BRX Extension – The Western BRX Zone is the highest grade gold zone identified on the property to date and is only lightly explored to the west of the current mineral resource. The 2021 drilling will test for strike extensions of the vein to the west, where coincident magnetic and VLF-EM anomalies have been defined which are similar to those that mark the main mineralized structures at Klaza, including the Western BRX vein.
Western Chevron – This vein is located south of the Western BRX Zone in the same fault block. This promising target has only been tested by two holes and one trench over a 500 m inferred strike length, all of which produced strong gold-silver intercepts.
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https://www.rockhavenresources.com/news/news-releases/rockhaven-announces-12-000-m-diamond-drill-program-at-its-klaza-gold-silver-project-yukon |
