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Premium Metals Portfolio in Canada & Chile


Dahrouge Consulting Engaged for Comply with-Up Floor Exploration Work

GoldHaven has re-engaged Dahrouge Geological Consulting Ltd . to finish a complete follow-up exploration program at Smoke Mountain. This program is targeted on extending soil sampling grids at precedence goal areas outlined within the lately accomplished 2022 summer time program. Moreover, the sector work will give attention to p rospecting and mapping newly staked contiguous land positions . Detailed geological mapping, together with the soil geochemical work will enhance the interpretation of the geophysical datasets and constrain goal places.

Geotech Ltd. Engaged to Goal Polymetallic Vein Programs

GoldHaven has engaged Geotech Ltd. to conduct Helicopter-Borne VTEM TM and Magnetic Geophysical Surveys for the aim of investigating the mineral potential over the intensive contiguous land place at Smoke Mountain. The proposed survey is roughly 721 line-kms over 1 block with a deliberate begin date of late October . The survey will take 5-7 days to finish with the intention of concentrating on intermediate sulfidation polymetallic vein methods.

GoldHaven shall be benefiting from Geotech Ltd’s Versatile Time-Area Electromagnetic ( VTEM TM ) geophysical system, which is superb at finding discrete conductive anomalies in addition to mapping lateral and vertical variations in resistivity .

Full waveform recording can even be employed to attain very clear early-time measurements to successfully resolve close to floor buildings . GoldHaven will profit from Geotech’s Concentric Transmitter – Receiver geometry, which ensures constructive anomaly location and leads to enormous time and prices financial savings as there shall be no want for floor follow-up. The know-how has efficiently been deployed globally for concentrating on work in epithermal treasured metallic districts.

Utility for Drilling at Smoke Mountain in 2023

GoldHaven administration seeks to accumulate a Multi-12 months Space-Based mostly Exploration Allow for drilling in Q2 2023 . The intensive geological, geochemical and geophysical campaigns from 2022 are yielding wonderful preliminary porphyry and epithermal-style targets . GoldHaven is planning to rigorously consider the entire obtained information throughout late 2022 and early 2023, with the target of defining drill targets for testing going ahead.

Latest Growth of Smoke Mountain Property

GoldHaven’s Smoke Mountain land place was lately doubled from 4,190 hectares to eight,645 hectares based mostly on promising preliminary outcomes from geological, geochemical and geophysical surveys carried out through the 2022 Smoke Mountain summer time exploration program. The ensuing giant, contiguous land place defines a commanding land place in an rising BC porphyry-epithermal belt . Copper, gold, and silver mineralization is intensive within the area with a number of promising new discoveries and extensions to mineralization (see under).

Smoke Mountain Location (CNW Group/GoldHaven Resources Corp.)

Smoke Mountain Surrounded by Vital Occurrences & Historic Assets

GoldHaven’s Smoke Mountain property is strategically located inside an intensive 85 kilometre polymetallic belt that’s extremely potential for gold-silver-zinc epithermal methods, porphyry copper-gold deposits, in addition to gold and silver-rich magmatic-hydrothermal occurrences . The property is street accessible from Houston by way of a sequence of gravel forest service roads off Freeway 16.

Exploration exercise within the space has been renewed on this historic mining area , propelled by the continuing enlargement of superior exploration initiatives and mines together with:

  • Common Copper ‘s Poplar mission (18km NE) internet hosting 236Mt @ 0.37% Cu 1
  • Surge Copper ‘s Berg mission (15km SW) with reserves of 238Mt @ 0.4% Cu; 0.05% Au 2
  • Imperial Metals ‘ Huckleberry mission (26 km SE) containing 161Mt @ 0.48% Cu 3

Be aware: the mines and superior exploration and growth initiatives within the Central BC porphyry-epithermal present geologic context for the Smoke Mountain Property, however this isn’t essentially indicative that the Smoke Mountain Property hosts comparable grades or tonnages of mineralization.

Extremely Potential Area

The historic Central BC porphyry-epithermal belt is re-emerging as an vital copper-gold-silver jurisdiction as evidenced by elevated staking exercise and exploration drilling. The area is shortly changing into recognized for its lengthy mineralized drill intercepts together with Common Copper’s 216m interval grading 0.54% CuEq ( click on right here for launch) and has the potential to host among the largest copper-polymetallic discoveries in British Columbia .

In latest information, Surge Copper expanded their Ootsa mission by 96% to a complete of 439Mt grading 0.32% CuEq ( click on right here for launch) rising their complete mineralized stock within the southern a part of this belt to over 1 billion tonnes (measured and indicated).

These leads to the fast neighborhood of GoldHaven’s Smoke Mountain mission showcase the distinctive regional endowment and metallogenic character of the Late Cretaceous arc rocks hosted inside this belt.  Amongst a number of rising targets on the property, GoldHaven is engaged on a newly-identified 2.5km lengthy untested and under-explored alteration and mineralization development presently being examined by our area crew at Smoke Mountain .

Be aware: The adjoining mines and superior exploration and growth initiatives within the Central BC porphyry-epithermal present geologic context for the Smoke Mountain Property, however this isn’t essentially indicative that the Smoke Mountain Property hosts comparable grades or tonnages of mineralization.

Certified Individual

Daniel MacNeil , P.Geo, a Certified Individual as outlined by Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Tasks, has learn and authorized all technical and scientific info contained on this information launch. Mr. MacNeil is Technical Advisor to GoldHaven Assets Corp.

GoldHaven Assets Corp. is a Canadian junior treasured metals exploration Firm centered on buying and exploring extremely potential land packages in each Canada and Chile . GoldHaven maintains a strategic presence within the gold and silver wealthy Maricunga Gold Belt of Northern Chile which is host to a number of mining and superior exploration initiatives together with Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa ( Kinross ), Cerro Maricunga ( Fenix Gold ), Lobo-Marte ( Kinross ), Volcan (Volcan), Refugio ( Kinross /Bema), Caspiche (Goldcorp/Barrick), and Cerro Casale (Goldcorp/Barrick). The Firm has recognized a complete of 12 high-priority targets at its Alicia and Roma mission areas within the Maricunga inside a distinguished regional NW-SE structural development alongside strike from Gold Fields’ Salares Norte deposit (5.2 million ounces of Gold 7) . These targets have been designated “Excessive Precedence” because of the extent, pervasive alteration, beneficial geology, extremely anomalous rock geochemical outcomes, and their relative proximity to current deposits. GoldHaven can also be making exploration progress at its Smoke Mountain property ( Canada ) which is strategically situated within the Central British Columbia Porphyry-Epithermal Belt in shut proximity to Surge Copper’s Berg mission, in addition to its Pat’s Pond mission in Newfoundland’s Central Newfoundland Gold Belt ( Canada ). Pat’s Pond is strategically situated lower than 20km from Marathon Gold’s 3.14 Moz 8 Valentine Gold Venture and on strike from the Boomerang/Domino VMS deposit. Pat’s Pond is extremely potential for gold, copper, silver and zinc and has giant scale discovery potential. GoldHaven engages proactively with native and Indigenous rightsholders and seeks to develop relationships and agreements which are mutually useful to all stakeholders.

Be aware: The deposits/mines close to GoldHaven’s properties present geologic context, however this isn’t essentially indicative that GoldHaven properties host comparable grades or tonnages of mineralization.

On Behalf of the Board of Administrators

Justin Canivet , CFA
Chief Govt Officer

Neither the CSE nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the CSE- Canadian Securities Change) accepts accountability for the adequacy or accuracy of this launch.

Information Launch References

1 Giroux, G.H., 2012. MINERAL RESOURCE UPDATE on The POPLAR DEPOSIT, OMINECA MINING DIVISION BRITISH COLUMBIA. Ready for Lions Gate Metals Inc. Ready by Giroux Consultants Ltd. Efficient Date: March 30, 2012 https://www.universalcopper.com/UNV_Presentation_Web.pdf?a28db

2 Norton, C., Huang, J., and Lui, D., Up to date Technical Report and Mineral Useful resource Estimate on the Berg Venture, British Columbia. A NI 43-101 Technical Report ready by Tetra Tech Canada Inc. EFFECTIVE DATE: MARCH 9, 2021; RELEASE DATE: MAY 3, 2021. https://surgecopper.com/web site/property/recordsdata/5735/updated_technical_report_mineral_resource_estimate_on_the_berg_ project-_bc.pdf

3 Christensen, Okay., Connaughton, G.R., and Ogryzlo, P., 2011. TECHNICAL REPORT ON THE MAIN ZONE OPTIMIZATION HUCKLEBERRY MINE OMINECA MINING DIVISION BRITISH COLUMBIA, CANADA. Ready for Huckleberry Mines Ltd. and Imperial Metals Company November 22, 2011 The efficient date of the exploration information is September 1, 2011, Amended Might 11, 2016. https://www.imperialmetals.com/property/docs/2016- hml-43-101-technical-report-on-the-main-zone-optimization.pdf

4 Burga D., Barry J., Grant D., Hutter J., Puritch E., Sutcliffe, R.H., and Wu, Y., 2019. INITIAL MINERAL RESOURCE ESTIMATE AND TECHNICAL REPORT ON THE NUMBER 3 VEIN, SILVER QUEEN PROPERTY, OMINECA MINING DIVISION, BRITISH COLUMBIA, CANADA. Ready for NEW NADINA EXPLORATIONS LIMITED

NI 43-101 & 43-101F1 TECHNICAL REPORT by P&E Mining Consultants Inc. Efficient Date: July 15, 2019 Signing Date: August 29, 2019. https://equitymetalscorporation.com/web site/property/recordsdata/3673/sq_ni43- 101_aug29_2019.pdf

5 https://sunsummitminerals.com/information/2021/sun-summit-drills-31-6-g-t-gold-over-4-0-metres-including-246-g-t- gold-over-0-5-metres-in-the-trench-zone-and-1-07-g-t-gold-over-109-metres-including-7-17-g-t-gold-over-5-2- metres-in-the-horseshoe-zo/

6 Diakow, L.J., and Drobe, J.R., 1989. The Geology and Mineral Occurrences within the North Newcombe Lake Map Sheet, NTS 093E/14. Open File Map 1989-1 British Columbia Ministry of Vitality, Mines and Petroleum Assets Map.

7 Jamasmie, C., 2019. Gold Fields Salares Norte mission in Chile granted environmental allow. December 18, 2019, 9:29am. Exploration Intelligence Latin America Gold Silver. https://www.mining.com/gold-fields-salares-norte-project-in-chile-granted-environmental-permit/

8 https://marathon-gold.com/valentine-gold-project/

Cautionary Statements Concerning Ahead Wanting Info

This information launch comprises forward-looking statements and forward-looking info (collectively, “ahead wanting statements”) inside the which means of relevant Canadian and U.S. securities laws, together with the US Personal Securities Litigation Reform Act of 1995. All statements, aside from statements of historic truth, included herein together with, with out limitation, the supposed use of the proceeds acquired from the Providing, the attainable acquisition of the Tasks, the Firm’s expectation that it will likely be profitable in enacting its enterprise plans, and the anticipated enterprise plans and timing of future actions of the Firm, are forward-looking statements. Though the Firm believes that such statements are affordable, it can provide no assurance that such expectations will show to be right. Ahead-looking statements are sometimes recognized by phrases similar to: “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “could”, “ought to”, “potential”, “scheduled”, or variations of such phrases and phrases and comparable expressions, which, by their nature, seek advice from future occasions or outcomes that will, may, would, would possibly or will happen or be taken or achieved. In making the forward-looking statements on this information launch, the Firm has utilized a number of materials assumptions, together with with out limitation, that investor curiosity shall be adequate to shut the Providing, and the receipt of any crucial regulatory or company approvals in reference to the Providing and the Project, that there shall be investor curiosity in future financings, market fundamentals will lead to sustained treasured metals demand and costs, the receipt of any crucial permits, licenses and regulatory approvals in reference to the longer term exploration and growth of the Firm’s initiatives in a well timed method, the supply of financing on appropriate phrases for the exploration and growth of the Firm’s initiatives and the Firm’s potential to adjust to environmental, well being and security legal guidelines.

The Firm cautions buyers that any forward-looking statements by the Firm usually are not ensures of future outcomes or efficiency, and that precise outcomes could differ materially from these in forward-looking statements on account of varied elements, together with, working and technical difficulties in reference to mineral exploration and growth actions, precise outcomes of exploration actions, the estimation or realization of mineral reserves and mineral sources, the shortcoming of the Firm to acquire the mandatory financing required to conduct its enterprise and affairs, as presently contemplated, the shortcoming to shut the Providing, the shortcoming of the Firm to enter into definitive agreements in respect of the Letters of Intent that are the topic of the Project, the timing and quantity of estimated future manufacturing, the prices of manufacturing, capital expenditures, the prices and timing of the event of recent deposits, necessities for added capital, future costs of treasured metals, modifications basically financial situations, modifications within the monetary markets and within the demand and market worth for commodities, lack of investor curiosity in future financings, accidents, labour disputes and different dangers of the mining trade, delays in acquiring governmental approvals, permits or financing or within the completion of growth or development actions, modifications in legal guidelines, rules and insurance policies affecting mining operations, title disputes, the shortcoming of the Firm to acquire any crucial permits, consents, approvals or authorizations, together with by the Change, the timing and attainable consequence of any pending litigation, environmental points and liabilities, and dangers associated to three way partnership operations, and different dangers and uncertainties disclosed within the Firm’s newest interim Administration’s Dialogue and Evaluation and filed with sure securities commissions in Canada . The entire Firm’s Canadian public disclosure filings could also be accessed by way of www.sedar.com and readers are urged to evaluation these supplies.

Readers are cautioned to not place undue reliance on forward-looking statements. The Firm undertakes no obligation to replace any of the forward-looking statements. The Firm undertakes no obligation to replace any of the forward-looking statements on this information launch or integrated by reference herein, besides as in any other case required by legislation.

GoldHaven Resources Corp. Logo (CNW Group/GoldHaven Resources Corp.)

Cision View authentic content material to obtain multimedia: https://www.prnewswire.com/news-releases/high-priority-follow-up-work-program-currently-underway-at-smoke-mountain-in-the-central-british-columbia-copper-gold-belt-301626010.html

SOURCE GoldHaven Assets Corp.

Cision View authentic content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/September2022/16/c5543.html



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