Goldhaven begins initial drill program at Copecal

Executive Summary

• Goldhaven Resources Corp. has begun its maiden diamond drilling program at the Copecal gold project in Brazil, targeting two high‑priority zones (Copecal East and West).
• The drill program follows extensive soil, auger, geochemical and geophysical work that identified a six‑kilometre strike of anomalous gold within the Juruena magmatic arc.
• Management emphasizes the strategic location of Copecal amid a cluster of significant discoveries in north‑central Brazil and expects the results to potentially define a major mineralized system.

Key Details

• Project Location: Copecal gold project, Juruena magmatic arc, Mato Grosso, Brazil; tenements cover 3,681 ha.
• Targets: Two drill targets – Copecal East and Copecal West – selected based on integrated soil geochemistry, auger drilling, magnetic, VLF‑EM and IP surveys.
• Drilling Program: Maiden diamond drilling commenced; specific hole numbers, depths, and planned core intervals were not disclosed in the release.
• Exploration History:
• AngloGold Ashanti conducted systematic exploration (2010‑2016) including auger/air‑core drilling, geophysical surveys, and rock geochemistry, identifying gold and arsenic anomalies.
• Subsequent work by Goldhaven added drone‑mounted magnetometry, extensive soil sampling grids, and follow‑up auger drilling confirming consistent gold values over wide zones.
• Regional Context: Copecal sits within the Alta Floresta gold province, adjacent to projects such as G Mining’s Tocantinzinho (multimillion‑ounce), Altamira Gold, Cabral Gold, Keystone Mining, and Jangada Mines. The area hosts mesothermal shear‑related, intrusion‑related, porphyry‑style, and epithermal‑style gold deposits.
• Management Comments:
• CEO Rob Birmingham: “This is a pivotal moment… we believe Copecal has the potential to deliver a significant gold discovery.”
• Country Manager Jon Hill (former AngloGold Ashanti exploration manager): Highlighted the robust data set and greenfield opportunity, expressing confidence in the targets.
• Qualified Person: Jonathan Victor Hill, BSc (honours), FAusIMM, independent QP per NI 43‑101, reviewed and approved all scientific and technical information.

Notable Quotes

“Copecal has all the hallmarks of a compelling greenfields opportunity… I’m confident that Copecal has the potential to host an important mineralized system.” – Jon Hill, Country Manager, Brazil

“We are thrilled to have drills turning at Copecal as we launch our maiden diamond drilling program in Brazil.” – Rob Birmingham, CEO, Goldhaven Resources Corp.