Rockhaven Res Ltd Stock Price, News & Analysis

Rockhaven Resources (TSXV:RK) has announced a private placement offering of $1,000,000, comprising 16,666,667 units at $0.06 per unit. Each unit includes one common share and one share purchase warrant, with warrants exercisable at $0.10 for 36 months from closing. The non-brokered offering's proceeds will be used for working capital. The company may pay finder's fees and expects insider participation. The offering requires TSX Venture Exchange approval.

Rockhaven Resources (TSXV:RK) announces improved metallurgical test work results on its Klaza Project in Yukon, showcasing gold and silver recoveries of 82% and 85% respectively. The optimized flowsheet aims to reduce capital and operating costs, power needs, and permitting timelines. The company's multi-year program focused on simplifying processing, maximizing metal recoveries, and limiting the production of fine tailings. Results include high-grade concentrates, potential to eliminate onsite pressure oxidation, and positive pre-concentration outcomes. The reveal of a streamlined conventional flowsheet with three marketable concentrates is expected to benefit mining processes, tailings management, and overall project costs.

Rockhaven Resources Ltd. announced the final assay results from its 2022 diamond drilling program at the Klaza Project in Yukon, returning significant grades including 5.48 g/t gold and 128 g/t silver over 5.85 m. The project aims to update mineral resources and conduct a pre-feasibility study. The program consisted of 12,042 m drilled across 69 holes, achieving key objectives such as re-categorizing inferred resources and expanding total resources. Highlights from the results include several intervals exceeding average deposit grades, potentially enhancing project economics. Engineering studies are underway to support the pre-feasibility study, indicating progress in the Klaza Project.

Rockhaven Resources Ltd. (TSXV:RK) announced the appointment of Loralee Johnstone to its Board of Directors. With over 25 years in Community and Government Relations, Environmental Management, and Permitting, Johnstone's expertise is expected to benefit Rockhaven as it progresses the Klaza Project through pre-Feasibility. She currently serves as Vice President for Environment and Social Governance at Minto Metals Corp. Additionally, Rockhaven has granted Johnstone a stock option for 750,000 shares at $0.10 each. In compliance with TSX Venture Exchange policies, Brad Thrall replaces Bruce Youngman on the Audit Committee, now comprising independent directors.

Rockhaven Resources announced significant results from its 2022 exploration program at the Klaza property in southern Yukon. The program drilled a total of 12,042 meters across 69 holes, focusing on expanding mineral resources and preparing for a pre-feasibility study. Notable high-grade intercepts include 43 g/t gold and 137 g/t silver over 1.2 m in the Western BRX Zone and 7.4 g/t gold with 183 g/t silver over 4.20 m in the Western Klaza Zone. Results from 39 additional drill holes are still pending. The company is working towards an updated mineral resource estimate to guide future development.

Rockhaven Resources Ltd. has released initial assay results from its 2022 exploration program at the Klaza property, located in the Dawson Range Gold-Copper Belt, Yukon. The program involved 12,042 meters of drilling across 69 holes, aimed at enhancing mineral resource estimates and completing metallurgical tests. Highlights include significant gold and silver assays, such as 101.5 g/t gold and 107 g/t silver over 1.30 m in hole KL-22-624. The results confirm previous findings and are expected to upgrade mineral resources from inferred to indicated categories, potentially expanding the total resource at Klaza.