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Dahrouge Consulting Engaged for Observe-Up Floor Exploration Work

GoldHaven has re-engaged Dahrouge Geological Consulting Ltd . to finish a complete follow-up exploration program at Smoke Mountain. This program is targeted on extending soil sampling grids at precedence goal areas outlined within the just lately accomplished 2022 summer time program. Moreover, the sector work will deal with p rospecting and mapping newly staked contiguous land positions . Detailed geological mapping, together with the soil geochemical work will enhance the interpretation of the geophysical datasets and constrain goal places.

Geotech Ltd. Engaged to Goal Polymetallic Vein Techniques

GoldHaven has engaged Geotech Ltd. to conduct Helicopter-Borne VTEM TM and Magnetic Geophysical Surveys for the aim of investigating the mineral potential over the intensive contiguous land place at Smoke Mountain. The proposed survey is roughly 721 line-kms over 1 block with a deliberate begin date of late October . The survey will take 5-7 days to finish with the intention of concentrating on intermediate sulfidation polymetallic vein methods.

GoldHaven will probably be benefiting from Geotech Ltd’s Versatile Time-Area Electromagnetic ( VTEM TM ) geophysical system, which is great at finding discrete conductive anomalies in addition to mapping lateral and vertical variations in resistivity .

Full waveform recording may even be employed to realize very clear early-time measurements to successfully resolve close to floor constructions . GoldHaven will profit from Geotech’s Concentric Transmitter – Receiver geometry, which ensures optimistic anomaly location and leads to large time and prices financial savings as there will probably be no want for floor follow-up. The expertise has efficiently been deployed globally for concentrating on work in epithermal valuable steel districts.

Utility for Drilling at Smoke Mountain in 2023

GoldHaven administration seeks to amass a Multi-Yr Space-Primarily based Exploration Allow for drilling in Q2 2023 . The intensive geological, geochemical and geophysical campaigns from 2022 are yielding wonderful preliminary porphyry and epithermal-style targets . GoldHaven is planning to rigorously consider all the obtained knowledge throughout late 2022 and early 2023, with the target of defining drill targets for testing going ahead.

Latest Growth of Smoke Mountain Property

GoldHaven’s Smoke Mountain land place was just lately doubled from 4,190 hectares to eight,645 hectares based mostly on promising preliminary outcomes from geological, geochemical and geophysical surveys performed in the course of the 2022 Smoke Mountain summer time exploration program. The ensuing massive, contiguous land place defines a commanding land place in an rising BC porphyry-epithermal belt . Copper, gold, and silver mineralization is intensive within the area with a number of promising new discoveries and extensions to mineralization (see beneath).

Smoke Mountain Surrounded by Important Occurrences & Historic Assets

GoldHaven’s Smoke Mountain property is strategically located inside an in depth 85 kilometre polymetallic belt that’s extremely potential for gold-silver-zinc epithermal methods, porphyry copper-gold deposits, in addition to gold and silver-rich magmatic-hydrothermal occurrences . The property is street accessible from Houston through a collection of gravel forest service roads off Freeway 16.

Exploration exercise within the space has been renewed on this historic mining area , propelled by the continuing enlargement of superior exploration initiatives and mines together with:

  • Common Copper ‘s Poplar undertaking (18km NE) internet hosting 236Mt @ 0.37% Cu 1
  • Surge Copper ‘s Berg undertaking (15km SW) with reserves of 238Mt @ 0.4% Cu; 0.05% Au 2
  • Imperial Metals ‘ Huckleberry undertaking (26 km SE) containing 161Mt @ 0.48% Cu 3

Be aware: the mines and superior exploration and improvement initiatives within the Central BC porphyry-epithermal present geologic context for the Smoke Mountain Property, however this isn’t essentially indicative that the Smoke Mountain Property hosts related grades or tonnages of mineralization.

Extremely Potential Area

The historic Central BC porphyry-epithermal belt is re-emerging as an necessary copper-gold-silver jurisdiction as evidenced by elevated staking exercise and exploration drilling. The area is shortly changing into identified for its lengthy mineralized drill intercepts together with Common Copper’s 216m interval grading 0.54% CuEq ( click on right here for launch) and has the potential to host a number of the largest copper-polymetallic discoveries in British Columbia .

In current information, Surge Copper expanded their Ootsa undertaking by 96% to a complete of 439Mt grading 0.32% CuEq ( click on right here for launch) growing their whole mineralized stock within the southern a part of this belt to over 1 billion tonnes (measured and indicated).

These leads to the quick neighborhood of GoldHaven’s Smoke Mountain undertaking showcase the distinctive regional endowment and metallogenic character of the Late Cretaceous arc rocks hosted inside this belt.  Amongst a number of rising targets on the property, GoldHaven is engaged on a newly-identified 2.5km lengthy untested and under-explored alteration and mineralization pattern presently being examined by our area crew at Smoke Mountain .

Be aware: The adjoining mines and superior exploration and improvement initiatives within the Central BC porphyry-epithermal present geologic context for the Smoke Mountain Property, however this isn’t essentially indicative that the Smoke Mountain Property hosts related grades or tonnages of mineralization.

Certified Particular person

Daniel MacNeil , P.Geo, a Certified Particular person as outlined by Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Tasks, has learn and accredited all technical and scientific data contained on this information launch. Mr. MacNeil is Technical Advisor to GoldHaven Assets Corp.

GoldHaven Assets Corp. is a Canadian junior valuable metals exploration Firm centered on buying and exploring extremely potential land packages in each Canada and Chile . GoldHaven maintains a strategic presence within the gold and silver wealthy Maricunga Gold Belt of Northern Chile which is host to a number of mining and superior exploration initiatives together with Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa ( Kinross ), Cerro Maricunga ( Fenix Gold ), Lobo-Marte ( Kinross ), Volcan (Volcan), Refugio ( Kinross /Bema), Caspiche (Goldcorp/Barrick), and Cerro Casale (Goldcorp/Barrick). The Firm has recognized a complete of 12 high-priority targets at its Alicia and Roma undertaking areas within the Maricunga inside a outstanding regional NW-SE structural pattern alongside strike from Gold Fields’ Salares Norte deposit (5.2 million ounces of Gold 7) . These targets have been designated “Excessive Precedence” because of the extent, pervasive alteration, beneficial geology, extremely anomalous rock geochemical outcomes, and their relative proximity to present deposits. GoldHaven can be making exploration progress at its Smoke Mountain property ( Canada ) which is strategically situated within the Central British Columbia Porphyry-Epithermal Belt in shut proximity to Surge Copper’s Berg undertaking, in addition to its Pat’s Pond undertaking in Newfoundland’s Central Newfoundland Gold Belt ( Canada ). Pat’s Pond is strategically situated lower than 20km from Marathon Gold’s 3.14 Moz 8 Valentine Gold Challenge and on strike from the Boomerang/Domino VMS deposit. Pat’s Pond is very potential for gold, copper, silver and zinc and has massive scale discovery potential. GoldHaven engages proactively with native and Indigenous rightsholders and seeks to develop relationships and agreements which might be mutually useful to all stakeholders.

Be aware: The deposits/mines close to GoldHaven’s properties present geologic context, however this isn’t essentially indicative that GoldHaven properties host related grades or tonnages of mineralization.

On Behalf of the Board of Administrators

Justin Canivet , CFA
Chief Government Officer

Neither the CSE nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the CSE- Canadian Securities Alternate) accepts duty for the adequacy or accuracy of this launch.

Information Launch References

1 Giroux, G.H., 2012. MINERAL RESOURCE UPDATE on The POPLAR DEPOSIT, OMINECA MINING DIVISION BRITISH COLUMBIA. Ready for Lions Gate Metals Inc. Ready by Giroux Consultants Ltd. Efficient Date: March 30, 2012 https://www.universalcopper.com/UNV_Presentation_Web.pdf?a28db

2 Norton, C., Huang, J., and Lui, D., Up to date Technical Report and Mineral Useful resource Estimate on the Berg Challenge, British Columbia. A NI 43-101 Technical Report ready by Tetra Tech Canada Inc. EFFECTIVE DATE: MARCH 9, 2021; RELEASE DATE: MAY 3, 2021. https://surgecopper.com/web site/property/recordsdata/5735/updated_technical_report_mineral_resource_estimate_on_the_berg_ project-_bc.pdf

3 Christensen, Ok., Connaughton, G.R., and Ogryzlo, P., 2011. TECHNICAL REPORT ON THE MAIN ZONE OPTIMIZATION HUCKLEBERRY MINE OMINECA MINING DIVISION BRITISH COLUMBIA, CANADA. Ready for Huckleberry Mines Ltd. and Imperial Metals Company November 22, 2011 The efficient date of the exploration knowledge is September 1, 2011, Amended Might 11, 2016. https://www.imperialmetals.com/property/docs/2016- hml-43-101-technical-report-on-the-main-zone-optimization.pdf

4 Burga D., Barry J., Grant D., Hutter J., Puritch E., Sutcliffe, R.H., and Wu, Y., 2019. INITIAL MINERAL RESOURCE ESTIMATE AND TECHNICAL REPORT ON THE NUMBER 3 VEIN, SILVER QUEEN PROPERTY, OMINECA MINING DIVISION, BRITISH COLUMBIA, CANADA. Ready for NEW NADINA EXPLORATIONS LIMITED

NI 43-101 & 43-101F1 TECHNICAL REPORT by P&E Mining Consultants Inc. Efficient Date: July 15, 2019 Signing Date: August 29, 2019. https://equitymetalscorporation.com/web site/property/recordsdata/3673/sq_ni43- 101_aug29_2019.pdf

5 https://sunsummitminerals.com/information/2021/sun-summit-drills-31-6-g-t-gold-over-4-0-metres-including-246-g-t- gold-over-0-5-metres-in-the-trench-zone-and-1-07-g-t-gold-over-109-metres-including-7-17-g-t-gold-over-5-2- metres-in-the-horseshoe-zo/

6 Diakow, L.J., and Drobe, J.R., 1989. The Geology and Mineral Occurrences within the North Newcombe Lake Map Sheet, NTS 093E/14. Open File Map 1989-1 British Columbia Ministry of Vitality, Mines and Petroleum Assets Map.

7 Jamasmie, C., 2019. Gold Fields Salares Norte undertaking in Chile granted environmental allow. December 18, 2019, 9:29am. Exploration Intelligence Latin America Gold Silver. https://www.mining.com/gold-fields-salares-norte-project-in-chile-granted-environmental-permit/

8 https://marathon-gold.com/valentine-gold-project/

Cautionary Statements Concerning Ahead Wanting Info

This information launch incorporates forward-looking statements and forward-looking data (collectively, “ahead trying statements”) inside the that means of relevant Canadian and U.S. securities laws, together with the USA Non-public Securities Litigation Reform Act of 1995. All statements, aside from statements of historic truth, included herein together with, with out limitation, the supposed use of the proceeds obtained from the Providing, the doable acquisition of the Tasks, the Firm’s expectation that it is going to be profitable in enacting its enterprise plans, and the anticipated enterprise plans and timing of future actions of the Firm, are forward-looking statements. Though the Firm believes that such statements are cheap, it can provide no assurance that such expectations will show to be appropriate. Ahead-looking statements are usually recognized by phrases equivalent to: “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “might”, “ought to”, “potential”, “scheduled”, or variations of such phrases and phrases and related expressions, which, by their nature, confer with future occasions or outcomes which will, may, would, would possibly or will happen or be taken or achieved. In making the forward-looking statements on this information launch, the Firm has utilized a number of materials assumptions, together with with out limitation, that investor curiosity will probably be enough to shut the Providing, and the receipt of any obligatory regulatory or company approvals in reference to the Providing and the Task, that there will probably be investor curiosity in future financings, market fundamentals will end in sustained valuable metals demand and costs, the receipt of any obligatory permits, licenses and regulatory approvals in reference to the longer term exploration and improvement of the Firm’s initiatives in a well timed method, the supply of financing on appropriate phrases for the exploration and improvement of the Firm’s initiatives and the Firm’s skill to adjust to environmental, well being and security legal guidelines.

The Firm cautions buyers that any forward-looking statements by the Firm are usually not ensures of future outcomes or efficiency, and that precise outcomes might differ materially from these in forward-looking statements because of varied elements, together with, working and technical difficulties in reference to mineral exploration and improvement actions, precise outcomes of exploration actions, the estimation or realization of mineral reserves and mineral assets, the shortcoming of the Firm to acquire the required financing required to conduct its enterprise and affairs, as presently contemplated, the shortcoming to shut the Providing, the shortcoming of the Firm to enter into definitive agreements in respect of the Letters of Intent that are the topic of the Task, the timing and quantity of estimated future manufacturing, the prices of manufacturing, capital expenditures, the prices and timing of the event of recent deposits, necessities for added capital, future costs of valuable metals, adjustments generally financial circumstances, adjustments within the monetary markets and within the demand and market worth for commodities, lack of investor curiosity in future financings, accidents, labour disputes and different dangers of the mining business, delays in acquiring governmental approvals, permits or financing or within the completion of improvement or building actions, adjustments in legal guidelines, rules and insurance policies affecting mining operations, title disputes, the shortcoming of the Firm to acquire any obligatory permits, consents, approvals or authorizations, together with by the Alternate, the timing and doable consequence of any pending litigation, environmental points and liabilities, and dangers associated to three way partnership operations, and different dangers and uncertainties disclosed within the Firm’s newest interim Administration’s Dialogue and Evaluation and filed with sure securities commissions in Canada . The entire Firm’s Canadian public disclosure filings could also be accessed through www.sedar.com and readers are urged to assessment these supplies.

Readers are cautioned to not place undue reliance on forward-looking statements. The Firm undertakes no obligation to replace any of the forward-looking statements. The Firm undertakes no obligation to replace any of the forward-looking statements on this information launch or included by reference herein, besides as in any other case required by legislation.

Cision View authentic content material to obtain multimedia: https://www.prnewswire.com/news-releases/high-priority-follow-up-work-program-currently-underway-at-smoke-mountain-in-the-central-british-columbia-copper-gold-belt-301626010.html

SOURCE GoldHaven Assets Corp.

Cision View authentic content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/September2022/16/c5543.html



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