GoldHaven Resources Commences Inaugural Diamond Drilling Program at Copeçal Gold Project, Brazil

Core Insights - GoldHaven Resources Corp. has commenced its inaugural diamond drilling program at the Copeçal Gold Project in Brazil, with the first drill hole targeting the East Zone approaching a depth of 100 metres [1][3] Geological Observations - Initial geological observations from the first drill hole are promising, intersecting approximately 30 metres of saprolite before entering sheared and hydrothermally altered basement gneiss, indicating a potential mineralized hydrothermal system at depth [2][4] - The alteration assemblage includes chlorite, sericite, and quartz, which are classic indicators of hydrothermal fluid activity associated with gold mineralization [3][4] Drilling Program Details - The total drilling program consists of 1,200 metres planned across 5-6 angled holes, targeting both East and West Zone areas, with individual holes reaching up to 150 metres in depth [3] - Core samples are being processed at ALS Global laboratories, with assay results expected in 4-6 weeks following the completion of drilling [3] Target Area Characteristics - The East Zone target area shows a strong gold and arsenic geochemical signature at the surface, with soil values exceeding 100 ppb gold over a 3-kilometre strike length [5] - This geochemical anomaly aligns with interpreted geological structures identified through VLF electromagnetic surveys, which are classic traps for gold deposition [5] Historical Context - 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 [10] - The Juruena Gold Province is known for its potential for mesothermal shear-related and intrusion-related gold deposits, further supporting the significance of the Copeçal Gold Project [11] Previous Exploration Efforts - Prior exploration by AngloGold Ashanti from 2010 to 2016 included systematic exploration methods that identified multiple zones of anomalous gold mineralization [12][13] - Historical work has confirmed gold and arsenic anomalies, indicating significant mineralization potential within the project area [13]