Mining News: Northern Neighbors: First Klaza holes show growth potential

Rockhaven Resources Ltd. Aug. 12 reported results from the first four holes of the 2015 diamond drill program at its Klaza gold-silver property in southern Yukon Territory. These holes intersected high-grade gold and silver mineralization in the main structure of the Central Klaza zone and within subsidiary vein structures that are developed in the immediate footwall. Mineralization in the footwall structure was not included in the current mineral resource. Highlights include: 11.28 grams-per-metric-ton gold, 75.9 g/t silver and 7.37 percent zinc over 3.68 meters of hole 258; 5.99 g/t gold and 165 g/t silver over 0.96 meters of hole 259; and 5.2 g/t gold and 24.7 g/t silver over 2.08 meters of hole 261. Trench 79, dug at Central Klaza, returned 36.6 g/t gold and 374 g/t silver over 2 meters. Since June, 12,000 meters of diamond drilling has been completed in 45 holes at the Klaza property. Drilling is expected to continue until the end of August when the focus will shift to engineering studies. “Substantial progress is being made on geological and engineering fronts, which will be essential as the property moves toward development,” explained Rockhaven CEO Matt Turner.

- Shane Lasley