Fortuitous discovery; new Klaza zone found

 

Last updated 9/18/2016 at Noon



Rockhaven Resources Ltd. Sept. 8 reported the discovery of a new, near-surface gold-rich zone at its Klaza property in the Dawson Range Gold Belt of southern Yukon.

The new zone, dubbed Rex, contains three veins.

KL-16-314, the first hole drilled at Rex, cut 1.39 meters of 5.9 grams per metric ton gold, 1.74 g/t silver and 0.006 percent copper from 32.61 meters; 1.42 meters of 10.55 g/t gold, 44.7 g/t silver and 0.315 percent copper from 39.75 meters; and 1.48 meters of 7.74 g/t gold, 23.9 g/t silver and 0.641 percent copper from 57 meters.

The discovery of these gold-rich structures was made while testing a strong chargeability anomaly at depth within the Kelly porphyry zone.

The Rex Zone is distinguished from other vein zones on the property by moderate copper values but only trace to background levels of lead, zinc and arsenic.

"The fortuitous discovery of multiple, closely spaced veins in an under-explored part of the property further demonstrates the vast untested potential of the Klaza project," said Rockhaven CEO Matt Turner.

Rex lies 1,100 meters south of the Eastern BRX Zone, the closest of the zones comprising the current mineral resource.

Two holes testing the core area of a 2,200- by 2,400-meter chargeability anomaly at the Kelly porphyry zone encountered pyrite with lesser chalcopyrite and rare coarse-grained native arsenic.

Assays from intervals within the chargeability anomaly yielded weakly elevated levels of copper and gold.

The types of alteration and mineralization identified within these holes are consistent with those in porphyry deposits.

Rockhaven said additional drilling is needed to fully test Kelly.

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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