Northwire Canada EditionSaturday, August 29, 2026
Northwire
GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
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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