GoldHaven Advances Exploration With First Drill Hole Completed at Western Target, Copecal Project

Executive Summary

• GoldHaven Resources completed its fifth diamond drill hole (CO‑05) at the Copeçal Project, marking the first test of the Western Target.
• The hole intersected a thick (~50 m vertical) saprolite horizon over sheared basement gneiss and muscovite schist, confirming structural continuity across the property.
• Three additional reconnaissance drill holes are planned to further evaluate gold‑in‑soil and VLF‑EM anomalies on both Eastern and Western Targets; assay results for earlier holes are pending.

Key Details

• Hole CO‑05: 140 m drilled; intersected ~50 m vertical saprolite horizon from surface to ~60 m depth, overlying competent sheared basement gneiss and muscovite schist.
• Target Confirmation: Structural continuity between Eastern and Western Targets supported by lithology consistent with previous holes.
• Future Drilling Plan: Three more reconnaissance holes slated to systematically test anomalous gold‑in‑soil and VLF‑EM signatures across both target zones.
• Assay Status: Results for CO‑01 & CO‑02 (Eastern Target) expected within two weeks; results for CO‑03 – CO‑05 will be released after validation.
• Project Context: Copeçal lies in the Alta Floresta Gold Province, part of the Juruena Gold Province, a historically productive region with multiple deposit styles and historic work by AngloGold Ashanti (2010‑2016).
• CEO Comment: Rob Birmingham highlighted the thicker-than-expected saprolite profile and transition into sheared basement rocks as key geological information for refining the exploration model.

Notable Quotes

“The completion of Hole CO‑05 marks an important milestone as we advance systematic testing of the Copeçal targets. The identification of a thicker‑than‑anticipated saprolite profile and the transition into sheared basement rocks provide key geological information for refining our exploration model.” – Rob Birmingham, CEO

Materiality Assessment: Non-Material – Positive (provides operational update without disclosed financial impact; enhances understanding of project potential).