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Providing coverage of Alaska and Northwest Canada's mineral industry
September 2017

Vol. 22, No. 38 Week of September 17, 2017

Mining News: Drills cut shallow gold-silver at Klaza

Rockhaven Resources Ltd. Sep. 12 reported initial assay results from a 15,922-meter drill program at its Klaza gold-silver property in the Dawson Range Gold Belt of southern Yukon. The main objectives of the 2017 program were to better define and expand the near-surface mineral resources through infill and step-out drilling; explore for new gold zones with drilling, trenching and geophysics; and continue to advance the metallurgical and engineering facets of the Klaza project. Most of the 28 holes in this batch of assay results tested the Central Klaza zone. Highlights include: 2.9 meters averaging 7.57 grams per metric ton gold and 65.6 g/t silver; 1.93 meters of 14.14 g/t gold and 116 g/t silver; 0.83 meters of 36.9 g/t gold and 1,280 g/t silver; 24.04 meters of 1.25 g/t gold and 8.74 g/t silver; and 2.22 meters of 6.57 g/t gold and 99.0 g/t silver. All of the holes were drilled within or adjacent to a proposed open pit as outlined in a 2016 preliminary economic assessment for Klaza. “Enhancing the economics at Klaza is largely dependent on adding ounces amenable to open pit mining and these first holes help demonstrate the consistent nature and extent of the near surface gold mineralization within and adjacent to the Klaza and BRX zones,” said Rockhaven CEO Matt Turner. A total of 96 holes were completed during the 2017 program, assays are pending from 68 holes. Samples collected from the program will be used for pre-concentration metallurgical test work that will begin this fall.

–SHANE LASLEY






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