GoldHaven Resources Commences Inaugural Diamond Drilling Program at Copecal Gold Project, Brazil

Executive Summary

• GoldHaven Resources commenced its inaugural diamond drilling program at the Copeçal Gold Project in Brazil, with the first hole (COP‑25‑001) approaching its planned depth of 100 m.
• The initial geological observations are encouraging: ~30 m of saprolite overlying strongly sheared, hydrothermally altered basement gneiss containing classic alteration minerals (chlorite, sericite, quartz).
• The program targets a total of 1,200 m across 5‑6 angled holes in both East and West Zones; assay results are expected within 4–6 weeks.

Key Details

• First Hole Progress: COP‑25‑001 is near its 100 m target depth; intersected ~30 m saprolite before entering altered gneiss.
• Alteration Suite: Chlorite, sericite, and quartz—indicative of hydrothermal fluid activity associated with gold mineralization in orogenic/intrusion‑related systems.
• Drilling Contractor & Method: Ecodrill using NQ‑size diamond core (47.6 mm diameter).
• Program Scope: 1,200 m planned; 5–6 angled holes testing East and West Zone targets; individual hole depths up to 150 m.
• Assay Timeline: Samples being processed at ALS Global (preparation in Cuiabá, assays in Belo Horizonte); results anticipated 4‑6 weeks after drilling completion.
• Target Definition – East Zone: Coincident gold (>100 ppb Au) and arsenic soil anomaly over a 3 km strike length; structural controls identified via VLF electromagnetic and magnetic surveys.
• Geophysical Context: Soil anomalies align with interpreted structures, suggesting potential for mineralized hydrothermal systems within the Juruena Gold Province.
• Historical Work: AngloGold Ashanti conducted extensive exploration (2010‑2016) confirming gold/arsenic anomalies; prior auger program comprised 107 holes.

Notable Quotes

“The start of our maiden drill program marks a transformational milestone for GoldHaven Resources,” said Rob Birmingham, President and CEO. “Early geological observations…show strong deformation and alteration where saprolite meets basement rock—exactly what we hoped to see.”

Materiality Assessment: Material – Positive (the commencement of drilling with encouraging early geology signals potential value creation for the project).