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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Financings

Year Six of the Silver Deficit Meets a Newly Funded Critical-Metals Drill Program in British Columbia

By The Northwire Desk — AI Analysis May 14, 2026 · 05:30 AG · 32.9 First Majestic Silver Corp.
AG · Price

Executive Summary

  • GoldHaven Resources Corp. has upsized its 2026 flow-through financing to approximately $3.2 million, fully funding an expanded drilling program at the Magno Project in British Columbia.
  • The expansion of the drill program targets the Magno, Kuhn, and D Zones within a polymetallic system containing silver, tungsten, lead, zinc, and indium.
  • The company is simultaneously advancing exploration at its Copeçal Gold Project in Brazil following recent confirmation of a large-scale hydrothermal system.

Key Details

  • Financing: Total 2026 flow-through proceeds reached approximately $3.2 million due to strong investor demand.
  • Magno Project (Cassiar District, BC) Drilling:
    • The 2026 drill program is expanding beyond the initial ~5,000 metres.
    • Primary targets include the Magno, Kuhn, and D Zones.
    • Historical/recent high-grade intercepts include: up to 2,370 g/t Ag, >20% Pb, 19.25% Zn, 6,550 ppm W, and 334 ppm In.
  • Geophysical Work: Completed airborne magnetic surveying via Dias Airborne Limited, covering 1,741 line-kilometres at 100-metre line spacing to refine drill targets.
  • Copeçal Gold Project (Brazil):
    • Independent geological review confirmed a large-scale hydrothermal system.
    • Initial drilling at Copeçal West confirmed gold mineralization in bedrock; Phase 2 planning is underway.
  • Brazilian Critical Mineral Portfolio: The company holds the Bahia South, Bahia North, and Iguatu projects, covering approximately 123,900 hectares.

Notable Quotes

  • Rob Birmingham, CEO of GoldHaven: “The level of investor interest reflects growing recognition of the opportunity at Magno. With drilling set to expand beyond our initial program, we are entering a catalyst-rich phase where we can begin to test the scale of this system across multiple high-priority targets. We believe Magno has the characteristics of a large, multi-phase mineral system, and this program is a key step in advancing that potential.”
Read the original news release →

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