The mining newspaper for Alaska and Canada's North

Klaza gold resource expands by 43%

Rockhaven Resources Ltd. Dec. 9 released an updated mineral resource estimate for its Klaza gold-silver project in southern Yukon Territory.

Incorporating the 56 holes drilled this year, Klaza now hosts 9.42 million metric tons of inferred resource grading 4.48 grams per metric ton (1.36 million ounces) gold, 89.02 g/t (26.96 million oz.) silver, 0.75 percent (155.4 million pounds) lead and 0.95 percent (197.8 million lbs.) zinc.

This marks a 43 percent increase in gold ounces and a 23 percent increase in silver ounces compared to a resource calculated in January.

"The updated mineral resource clearly demonstrates the potential of the road-accessible Klaza deposit," said Rockhaven President and CEO Matt Turner.

"There is a high probability for further expansion because the mineralized zones included in the mineral resource are open for extension along strike and to depth, and there are other parallel zones on the property that have not yet been systematically evaluated."

Author Bio

Shane Lasley, Publisher

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Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.


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