Northwire Canada EditionSaturday, July 11, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

A 500%+ Metal, a Historic Tungsten Zone, and a Drill Program About to Test Both

GoldHaven Resources Corp.

Executive Summary
  • GoldHaven Resources Corp. announced a fully funded 2026 diamond drill program targeting the historic Kuhn tungsten zone on its 100%-owned Magno Project in British Columbia.
  • The program aims to verify and expand a historically defined tungsten-bearing skarn system, previously outlined at ~616,500 tonnes grading 0.48% WO₃ across four modeled lenses.
  • Historical drill intercepts include intervals up to 13.0m at 0.55% WO₃ and 4.0m at 1.32% WO₃.
  • Objectives include twinning historical holes, testing lateral/vertical extensions, and refining targeting with recent geophysics.
  • Additional drilling is planned at the Magno and D Zones for high-grade silver-lead-zinc carbonate-replacement mineralization.
  • Tungsten benchmark (APT) has surged >500% since China's Feb 2025 export controls, reaching ~US$2,250/t by early 2026.
  • Historical results remain unverified by GoldHaven, making verification a primary goal.
Material Impact
  • The announcement represents a routine, fully funded exploration update rather than a new discovery or major financing.
  • While the 500% surge in tungsten prices significantly enhances the project's strategic and economic potential, the drill program itself was likely anticipated given the company's exploration timeline.
  • The news is positive but incremental, as it focuses on verifying historical data rather than announcing a material resource expansion or production milestone.
  • No immediate impact on capital structure or debt is indicated, as the program is fully funded.
ACM · Price
Company Overview
  • GoldHaven Resources Corp. is a junior mining company focused on the 100%-owned Magno Project in the Cassiar District of northern British Columbia.
  • The flagship target is the Kuhn tungsten zone, a historically defined skarn system with modeled mineralization across four lenses.
  • The company is also exploring carbonate-replacement silver-lead-zinc deposits at the Magno and D Zones.
  • The project benefits from a favorable jurisdiction and aligns with growing demand for critical minerals, particularly tungsten, amid supply constraints from China.
Read the original news release →

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