Mining News: Northern Neighbors: Robust drill program started at Klaza

Rockhaven Resources Ltd. June 1 said the 2015 exploration and engineering program at its Klaza gold-silver project in southern Yukon Territory is underway. The program will include 15,000 meters of drilling focused on expanding and better defining a maiden inferred resource of 7.04 million metric tons averaging 4.19 grams per metric ton (948,348 ounces) gold and 96.23 g/t (21.78 million oz) silver, reported in March. “We are excited to begin our fully-funded 2015 program which we expect will significantly expand the current high-grade gold and silver resources outlined within two of the nine main zones on the Klaza property. The drilling also will assess the potential at some of the seven other sub-parallel zones at which only broadly spaced drilling and trenching have been done,” said Rockhaven CEO Matt Turner. “Engineering and permitting studies will ramp up to systematically advance the Klaza project towards development.” Rockhaven said the 15,000-meter program can easily be expanded, pending favorable exploration results and financing options.

- Shane Lasley