GoldHaven Resources Completes Auger Drill Program at Copeçal Gold Project in Mato Grosso, Brazil

Core Viewpoint - GoldHaven Resources Corp. has successfully completed its initial Auger drill program at the Copeçal Project in Brazil, marking a significant milestone in its exploration efforts with a total of 2,153.4 meters drilled [1][6]. Drilling Program Details - The Auger drill program consisted of 107 holes, with 92 holes covering the main area of the east anomaly on a 100m x 50m grid and 15 reconnaissance holes targeting geochemical-structural targets towards the south-east from the western anomaly [2][7]. - Holes were drilled to a maximum depth of 30 meters, with an average depth of 20.13 meters [2]. Sample Analysis - A total of 1,325 samples, including QAQC samples, have been sent to ALS Global Laboratories for analysis, with preparation occurring at their facility in Cuiabá, Brazil [4]. - Sampling was conducted at consistent 2-meter intervals, and quality control measures included blanks, certified standards, and duplicates at a rate of 10% of the total sample batch [4]. Geological Observations - Initial geological logging suggests that areas with bedrock depth exceeding 20 meters may indicate deeper regolith profiles over potentially mineralized areas [5]. - Observations include the presence of sericite alteration and disseminated limonitic boxwork, indicating hydrothermal alteration in deeper auger holes [5]. Future Plans - The company plans to conduct a Very Low Frequency (VLF) electromagnetic geophysical survey in July to enhance understanding of the structural trends favorable for gold mineralization [6][8]. - The integration of VLF-EM geophysics with auger geochemistry aims to optimize future drilling campaigns [8]. Project Background - The Copeçal Gold Project is located within the Alta Floresta Gold Province, a historically productive region for gold discoveries since the late 1970s, covering a total of 3,681 hectares [11]. - The Juruena Gold Province, where the project is situated, is known for its potential for various gold deposit types, including mesothermal shear-related and intrusion-related deposits [12]. Historical Exploration - Previous exploration by AngloGold Ashanti from 2010 to 2016 identified multiple zones of anomalous gold mineralization through systematic exploration methods [13][14]. - Historical work has confirmed gold and arsenic anomalies, supporting the presence of a substantial mineralized system [14].