Northwire Canada EditionWednesday, November 11, 2026
Northwire
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

GoldHaven Announces $2.0 Million Critical Mineral Flow-Through Financing to Advance the District-Scale Magno Polymetallic Project

GOH · Price

Executive Summary

  • GoldHaven Resources Corp. announced a non‑brokered flow‑through private placement for up to $2 million by issuing up to 7,547,170 shares at $0.265 each (no warrants).
  • Proceeds will be used to fund eligible Canadian exploration expenses on the Magno Project, targeting 2026 drilling and 3‑D modelling.
  • The release highlights significant 2025 exploration results: Indium up to 334 ppm, grab samples up to 2,370 g/t Ag with >20% Pb and 19.25% Zn, and tungsten peaks of 6,550 ppm – underscoring a large, intrusion‑driven polymetallic system.

Key Details

  • Financing Structure
  • Type: Non‑brokered flow‑through private placement (no warrants).
  • Shares offered: Up to 7,547,170 flow‑through shares.
  • Price per share: $0.265.
  • Gross proceeds target: $2,000,000.
  • Expected use of proceeds: Eligible Canadian exploration expenses (critical mineral flow‑through expenditures) on the Magno Project; renunciation to subscribers by Dec 31 2026.
  • Finder’s fees may be paid in accordance with securities laws.
  • Closing conditions: Customary regulatory approvals; statutory hold period of four months and one day on all issued securities.

  • Exploration Highlights (2025 Program)

  • Indium: Up to 334 ppm associated with sphalerite – highest recorded in the Cassiar District.
  • Silver‑Lead‑Zinc Grab Samples: Max 2,370 g/t Ag, >20% Pb, 19.25% Zn (45 of 357 samples >100 g/t Ag).
  • Tungsten: 32 samples >1,000 ppm W; peak 6,550 ppm at Vines Lake; consistent 500‑5,000 ppm at Kuhn & Dead Goat zones.
  • Copper: Up to 6,660 ppm, including elevated Cu in granite intrusions.
  • Zinc: Up to 13.8% at Kuhn and 8.37% at Dead Goat.
  • Bismuth & Tellurium: Bismuth up to 10,000 ppm, Te up to 67 ppm, indicating high‑temperature fluid pathways.

  • Geochemical Ratios (selected showings)

  • Magno: Zn/Pb = 6.13, Pb/Cu = 823.58, Pb/Zn = 443.26.
  • Kuhn: Zn/Pb = 190.08, Pb/Cu = 3.88, Pb/Zn = 1.84.
  • Dead Goat: Zn/Pb = 1,342.38, Pb/Cu = 15.12, Pb/Zn = 1.63.

  • 2026 Exploration Program Plans

  • Refine 3‑D geological and metal‑zonation models.
  • Integrated structural, geochemical, and geophysical interpretation.
  • Prioritize targets: porphyry CRD Ag‑Pb‑Zn, tungsten‑skarn, critical‑mineral zones.
  • Drill targeting across priority zones; advance permitting for potential drilling.

  • Project Context

  • Magno Project covers ~36,973 ha in the Cassiar region (BC).
  • Hosts a district‑scale polymetallic system with copper‑gold, Ag‑Pb‑Zn, tungsten‑skarn, and critical minerals (indium, bismuth, tellurium).
  • Located 3 km south of historic Cassiar mining camp; accessible via Highway 37.

Notable Quotes

“Our 2025 program delivered several milestones with indium values up to 334 ppm … Strong and widespread tungsten mineralization … This financing allows us to complete 3D targeting and advance toward 2026 drilling.” – Robert Birmingham, President & CEO


Materiality Assessment: Material – Positive** (significant financing to fund advanced exploration on a large polymetallic project, coupled with high‑grade assay results indicating strong development potential).

Read the original news release →

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