GoldHaven Advances Exploration With First Drill Hole Completed at Western Target, Copeçal Project

Core Viewpoint - GoldHaven Resources Corp. has successfully completed its fifth diamond drill hole (CO-05) at the Copeçal Project in Brazil, marking a significant step in the exploration of the Western Target area following previous drilling at the Eastern Target [1][7]. Group 1: Drilling Progress and Results - Hole CO-05 was drilled to a depth of 140 metres, intersecting a clay-rich saprolite horizon from the surface to approximately 60 metres downhole, which is about 50 metres in vertical depth [2][7]. - Beneath the saprolite, the drilling encountered competent bedrock consisting of sheared basement gneiss and muscovite schist, supporting the interpretation of structural continuity across the project area [2][7]. - The company plans to drill an additional three holes as part of the ongoing reconnaissance program to systematically evaluate gold-in-soil and very-low-frequency electromagnetic anomalies across both Eastern and Western Targets [4][7]. Group 2: Future Plans and Assay Results - Assay results for holes CO-01 and CO-02, drilled at the Eastern Target, are expected within the next two weeks, while results for holes CO-03 through CO-05 will be announced once validated and reviewed [5][6]. - The company will continue to advance the exploration program by integrating geological, structural, and geochemical data to refine targeting along both anomalies [6][8]. Group 3: Project Background and Geological Context - The Copeçal Gold Project is located within the Alta Floresta Gold Province, a historically productive area known for significant gold discoveries since the late 1970s, covering a total of 3,681 hectares [9][10]. - The Juruena Gold Province, where the project is situated, is recognized for its potential for various gold deposit types, including mesothermal shear-related and intrusion-related deposits, highlighting the project's significant mineralization potential [10][13]. - Historical exploration by AngloGold Ashanti from 2010 to 2016 has confirmed gold and arsenic anomalies, indicating substantial mineralization potential in the area [11][13].