Issued on behalf of GoldHaven Resources Corp.
VANCOUVER – Baystreet.ca News Commentary – The investment landscape for early-stage gold exploration companies as junior developers now command acquisition premiums ranging from 29% to 67% as cash-rich producers actively deploy capital into growth opportunities. This year exploration-stage companies with promising discoveries have attracted significant investor attention as capital flows down the risk curve seeking higher leverage to gold's record-breaking performance above $3,600 per ounce. This environment has created optimal conditions for explorers positioned in proven geological belts with systematic exploration programs, particularly companies like GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF), Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF), Axcap Ventures Inc. (CSE: AXCP), and Taura Gold Inc. (TSXV: TORA).
GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) today announced plans for immediate commencement of a maiden 1,200-meter diamond drilling program targeting two priority gold targets at its Copeçal Gold Project in Brazil's Alta Floresta Gold Province, within the prolific Juruena Magmatic Arc.
So far in their flagship project’s story, GoldHaven has systematically positioned itself for discovery success through comprehensive exploration work that has already identified strong gold anomalies at two high-priority targets. Recent auger drilling and historical sampling from the company, including work by major mining company AngloGold Ashanti and Boa Gold, have revealed compelling gold-in-soil anomalies at the East and West targets that extend through up to 30 meters of weathered saprolite profile.
"We are thrilled to be moving forward with the maiden drill program at the Copeçal Gold Project, following the highly encouraging results from the combined data and interpretation of our auger drilling and VLF-EM survey," said Rob Birmingham, CEO of GoldHaven Resources. "The East and West targets have delivered strong gold anomalies and represent exceptional opportunities for the identification of gold mineralization. Backed by the extensive historical work of AngloGold Ashanti and guided by Jon Hill, P.Geo, our team is positioned to unlock the full potential of this exciting gold project."
The significance of GoldHaven's methodical approach becomes clear when examining the geological validation. The company's VLF-EM surveys have successfully delineated resistivity and conductivity anomalies that support the auger-defined gold targets, creating multiple layers of geological confidence. This exploration strategy reflects established industry best practices that have led to major discoveries worldwide.
The upcoming drilling program comprises 8-10 angled holes with maximum depths of 150 meters, designed to test unweathered bedrock at 80-120 meter vertical depths below surface. Drilling operations are scheduled to commence on or before October 1, 2025, with completion targeted by end of November 2025. Their current timeline positions GoldHaven Resources to deliver results during traditionally active market periods.
The Copeçal Gold Project already benefits from a comprehensive 43-101 Technical Report, providing detailed technical validation of the project's potential. The 3,681-hectare property sits within the Alta Floresta Gold Province, a historically productive region that has yielded substantial gold discoveries since the late 1970s.
The value of GoldHaven's location advantage extends beyond geological potential. The project benefits from excellent infrastructure, being accessible year-round via maintained roads just 60 kilometers from Alta Floresta. This accessibility translates directly into cost advantages and operational efficiency that mining professionals recognize as critical success factors.
Historical exploration by AngloGold Ashanti, including systematic soil sampling, drone-mounted magnetometry surveys, and drilling programs, has confirmed multiple zones of anomalous gold mineralization. The presence of established geological targets, combined with GoldHaven's focused drilling approach, creates strong potential for value generation as the project advances.
The Copeçal project represents just one component of GoldHaven's diversified portfolio strategy. The company maintains 100% ownership of the district-scale Magno Project in British Columbia's historic Cassiar mining district, where extensive historical work has identified significant tungsten, copper, silver, lead and zinc mineralization. Additionally, GoldHaven Resources holds the Three Guardsman Project in northwestern British Columbia, targeting copper-gold skarn systems near historic producers. This multi-project approach provides exposure to multiple discovery opportunities across proven mineral districts in both Brazil and Canada.
Beyond its gold and base metal projects, GoldHaven Resources has positioned itself in the critical minerals space through extensive tenement packages spanning 123,900 hectares across three Brazilian projects. With regional neighbors including Rio Tinto, Foxfire Metals, and Mars Mines, the company's strategic land position in Brazil's emerging critical mineral districts offers additional value creation potential for discerning stakeholders.
GoldHaven’s progress is part of a wider surge in junior exploration activity, with other companies also reporting milestone programs and discoveries
For more information on current news regarding GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) click here.
In other industry developments and happenings in the market include:
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) delivered exceptional high-grade results from its first 2025 drill hole at the JD Project in British Columbia's Toodoggone District, intersecting 78.0 meters of 3.72 g/t gold starting at just 30.0 meters down hole. This interval contains multiple high-grade veins with visible gold, including spectacular intercepts of 98.80 g/t gold over 0.5 meters and 67.80 g/t gold over 0.90 meters at the Creek Zone.
"The first hole of this year's drill program at our JD Project in the significant Toodoggone District, represents the best hole drilled to date at the Creek Zone," said Niel Marotta, CEO of Sun Summit Minerals. "The hole intersected significant mineralization from 30 meters downhole. This interval is punctuated with multiple high-grade zones which supports the high-grade gold potential of the Creek Zone, typical of many Toodoggone gold deposits. We have planned additional holes to test the strike extent of this new zone of mineralization and are excited to move the drill rig back to the area in the coming weeks."
The company has completed over 3,700 meters across 11 drill holes at Creek Zone with assays from ten additional holes pending, while follow-up drilling is planned to test the northwest strike extent of this newly identified parallel mineralization zone. Sun Summit is systematically exploring the vein-controlling structures across an 800-meter strike length in the highly prospective Toodoggone mining district.
Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) achieved outstanding results from its Gap Hole at the Gold Rock Target Area, intersecting 55.34 g/t gold over 3.50 meters including an extraordinary 379.00 g/t gold over 0.50 meters at the Jubilee Hanging Wall. The hole successfully tested nine stacked gold mineralized structures across a 430-meter area between the Big Master and Elora Gold Systems, confirming the robust nature of the gold system.
"We are very pleased with these exciting results from the Gap Hole," said Trey Wasser, CEO of Dryden Gold Corp. "This hole confirms 9 gold mineralized structures and begins to show our shareholders a much fuller picture of what Dryden Gold is building in the Gold Rock Target Area."
Dryden Gold has already drilled a kilometer of strike length on the Elora Gold System, and the Gap Hole has now revealed a wider and more robust gold mineralized system with open pit potential. The company continues advancing exploration across multiple zones in Northwestern Ontario's Dryden District, where it controls a dominant strategic land position hosting high-grade gold mineralization over 50 kilometers of potential strike length.
Axcap Ventures Inc. (CSE: AXCP) and Taura Gold Inc. (TSXV: TORA) have announced a transformative arrangement that will see Axcap acquire all outstanding Taura shares while bringing in former Roxgold Inc. principals led by John Dorward as CEO and Executive Chairman.
The transaction includes a concurrent C$12.5 million institutional financing with strong insider participation from leading investors including Mike Gentile, ICM Limited, and Avenue Investment Management, positioning the combined entity to advance the large Converse Gold Project in Nevada's prolific Battle Mountain Trend. The Nevada project hosts 5.57 million ounces of measured and indicated resources at 0.525 grams per tonne gold and sits adjacent to producing Marigold and Lone Tree mines with ready access to grid power and existing water rights.
"This is a strong transaction for both Axcap and Taura shareholders," said Tyron Breytenbach, Co-Founder and Director of Axcap. "Having covered the Roxgold success story as an analyst, I have no doubt that Taura's experienced team will unlock the significant potential of the large Converse project. I am excited for the future of the Company and to see a rare multi-million oz US gold asset partnered with a proven team of builders and operators."
"Nevada is a leading jurisdiction and Converse is one of the largest resources in Nevada not in the hands of a major mining company so we are very pleased to be joining the team to bring it forward and realize its potential," said John Dorward, President and CEO of Taura. "A number of our team have significant experience in the region from our time at Fronteer Gold (sold to Newmont >US$2B) and we are delighted to be back in Nevada with such a promising project."
The resulting entity will be renamed Roxmore Resources Inc. following a 1:10 share consolidation, with the proven Roxgold team positioned to accelerate a Preliminary Economic Study on the bulk tonnage, open-pit, heap leach project that recently identified new higher-grade zones at depth including 10.85 meters grading 5.45 grams per tonne gold.
The transaction brings together an experienced management team with a track record of building shareholder value through their previous US$2 billion sale of Fronteer Gold to Newmont and one of Nevada's largest undeveloped gold resources outside major mining companies, with Taura shareholders expected to own approximately 6% of the resulting issuer on completion.
Article Source: https://equity-insider.com/goh-profile
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