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Vol. 20, No. 50 Week of December 13, 2015
Providing coverage of Alaska and Northwest Canada's mineral industry

Mining News: Northern Neighbors: Klaza gold resource expands by 43%

Rockhaven Resources Ltd. Dec. 9 released an updated mineral resource estimate for its Klaza gold-silver project in southern Yukon Territory. Incorporating the 56 holes drilled this year, Klaza now hosts 9.42 million metric tons of inferred resource grading 4.48 grams per metric ton (1.36 million ounces) gold, 89.02 g/t (26.96 million oz.) silver, 0.75 percent (155.4 million pounds) lead and 0.95 percent (197.8 million lbs.) zinc. This marks a 43 percent increase in gold ounces and a 23 percent increase in silver ounces compared to a resource calculated in January. “The updated mineral resource clearly demonstrates the potential of the road-accessible Klaza deposit,” said Rockhaven President and CEO Matt Turner. “There is a high probability for further expansion because the mineralized zones included in the mineral resource are open for extension along strike and to depth, and there are other parallel zones on the property that have not yet been systematically evaluated.”

- Shane Lasley



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