VANCOUVER - Today GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) provided a corporate update and outlined exploration plans for 2021.
GoldHaven says it has achieved significant milestones in 2020. Starting with its IPO in March, followed by the acquisition of the Rio Loa and Coya Project concessions, as well as five additional concessions comprising the Apolo Projects. GoldHaven's large land position now totals approximately 25,100 hectares in the highly prospective Maricunga Gold Belt. This belt is host to discoveries in the last ten years of over 100 million ounces of gold, 450 million ounces of silver and 1.3 billion pounds of copper.
During the 4th quarter of 2020, GoldHaven completed a capital raise of $2.4 million and was joined by industry expert Jack Pritting (ex. Kinross lead exploration at Kinross' La Coipa mine) to assist with the Company's exploration programs. The Company says it is now well-positioned to take advantage of favorable Gold and Silver markets and is sufficiently funded to conduct its first phase of drilling.
GoldHaven has identified a3km long north-south trending alteration zone averaging 1km width on its Rio Loa Project. Trenching and rock sampling with numerous erosion windows exposing altered volcanics have returned highly anomalous As and Pb as well as locally anomalous Au and Sb values. This geochemical response is a defining characteristic of high sulphidation deposits within the Maricunga Gold Belt such as at Goldfields' Salares Norte mine, 25 km to the north of Rio Loa, and Kinross' La Coipa mine nearby. The Salares Norte mine contains 5.2 million ozs Au-equivalent. Gold Fields is targeting production at 350,000 ozs Au per year.
GoldHaven says it plans to commence drilling at Rio Loa in January 2021. The initial drill program will be approximately 5,000 metres.
In addition to Rio Loa, the Company has six other high priority assets to test and drill. This will keep the Company busy in 2021. The Company is advancing its Apolo Project's Roma and Alicia properties as well as its Coya assets and preparing them for drilling. These targets have been designated as high-priority owing to their extensive and pervasive alteration, favorable geology and highly anomalous rock geochemistry results, as well as their relative proximity to existing deposits.
Daniel Schieber, GoldHaven's CEO stated: "We've had a great 2020 building our portfolio of assets and building up our treasury. Now we're onto a great start to 2021 with the addition of exploration mining expert Jack Pritting to the team. Our group is committed to attracting the best talent to explore and unlock the value in our projects."
GoldHaven Resources Corp. is a Canadian junior exploration Company active in the Maricunga Gold Belt of northern Chile.
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