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Rockhaven Resources
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Rockhaven Resources
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Rockhaven Resources Ltd. Announces New Vein Discovery At Its Ruby Range Project
October 21, 2009 - Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce high grade gold results obtained during an orientation survey at its recently acquired and wholly owned Ruby Range project. The project comprises the Kluane, JPR and Gladstone properties, all of which are located in southwestern Yukon Territory. Rockhaven acquired the properties in mid-2009 to gain a foothold in an under explored gold belt that features high grade gold showings and numerous placer gold deposits.
The program was primarily designed to provide reconnaissance-scale exploration data for the JPR and Gladstone properties and to familiarize Company geologists with mineralized occurrences at the more advanced Kluane property.
The Kluane property hosts a number of native gold and arsenopyrite bearing quartz ± carbonate vein zones. These zones typically include discrete fault-bounded veins and broader complexes of sheeted veins and veinlets within well developed alteration halos. The 2009 work re-examined known vein exposures at the Rikus and DalBianco Zones and discovered an impressive new occurrence by hand trenching at the Delor Zone.
Highlights from 2009 work at the Ruby Range project include:
The Delor Zone received only cursory exploration by previous operators, mainly because it lies on a frozen north-facing slope with no bedrock exposures. Vein fragments collected from frost heaves in 1995 yielded up to 193.57 g/t gold. Hand trenching in 2009 targeted a nearby, recessive linear that was traced for over 200 m at surface. This linear had not been previously trenched and is undrilled. Vein boulders and mineralized wallrock were found at the bottom of the trench, but bedrock could not be properly sampled due to rapid sloughing of trench walls.
Widely spaced prospecting and silt and soil geochemical sampling conducted at the Gladstone and JPR properties identified strong anomalies. These anomalies and the more defined targets at the Kluane property will be followed up on a priority basis in 2010.
“The 2009 exploration program at the Ruby Range project confirms the potential for new gold discoveries in the district” states Matt Turner, CEO of Rockhaven. “The Company plans to aggressively evaluate the various gold showings and geochemical targets by continued trenching and diamond drilling in 2010.”
Multi-element determinations for soil and rock samples were carried out at ALS Chemex in North Vancouver, B.C. Soil samples were dried and sieved to -80 mesh. The fine fraction was then analyzed for gold using fire assay followed by atomic absorption (AA) finish and for 34 other elements using a nitric acid-aqua regia digestion and ICP analysis. Rock and chip samples were dried, fine crushed to better than 70% passing -2 mm and then a 250 g split was pulverized to better that 85% passing 75 micron. The fine fraction was analyzed for gold and 34 other elements using the same procedures as were used for the soil samples.
The technical information in this news release has been reviewed by W.A. Wengyznowski, P.Eng., a qualified person for the purpose of National Instrument 43-101.
For additional information concerning Rockhaven Resources Ltd. or its various exploration projects please visit the Company’s website at www.rockhavenresources.com or contact:
Matthew Turner, CEO
Rockhaven Resources Ltd.
T: 604-688-2568
mturner@nordacres.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE: This news release includes certain “forward-looking statements”. Other than statements of historical fact, all statements included in this release, including, without limitation, statements regarding future plans and objectives of Rockhaven are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those expected by Rockhaven are those risks described herein and from time to time, in the filings made by Rockhaven with Canadian securities regulators. Those filings can be found on the Internet athttp://www.sedar.com.
The program was primarily designed to provide reconnaissance-scale exploration data for the JPR and Gladstone properties and to familiarize Company geologists with mineralized occurrences at the more advanced Kluane property.
The Kluane property hosts a number of native gold and arsenopyrite bearing quartz ± carbonate vein zones. These zones typically include discrete fault-bounded veins and broader complexes of sheeted veins and veinlets within well developed alteration halos. The 2009 work re-examined known vein exposures at the Rikus and DalBianco Zones and discovered an impressive new occurrence by hand trenching at the Delor Zone.
Highlights from 2009 work at the Ruby Range project include:
- Chip samples collected at regular intervals from four hand trenches over a 120 m strike length at the Rikus Zone, which returned a weighted average of 5.20 g/t gold over 2.38 m; and
- A hand trench at the Delor Zone which uncovered several large quartz vein boulders up to 40 cm wide, samples from which graded between 8.61 to 50.20 g/t gold and averaged 25.44 g/t.
The Delor Zone received only cursory exploration by previous operators, mainly because it lies on a frozen north-facing slope with no bedrock exposures. Vein fragments collected from frost heaves in 1995 yielded up to 193.57 g/t gold. Hand trenching in 2009 targeted a nearby, recessive linear that was traced for over 200 m at surface. This linear had not been previously trenched and is undrilled. Vein boulders and mineralized wallrock were found at the bottom of the trench, but bedrock could not be properly sampled due to rapid sloughing of trench walls.
Widely spaced prospecting and silt and soil geochemical sampling conducted at the Gladstone and JPR properties identified strong anomalies. These anomalies and the more defined targets at the Kluane property will be followed up on a priority basis in 2010.
“The 2009 exploration program at the Ruby Range project confirms the potential for new gold discoveries in the district” states Matt Turner, CEO of Rockhaven. “The Company plans to aggressively evaluate the various gold showings and geochemical targets by continued trenching and diamond drilling in 2010.”
Multi-element determinations for soil and rock samples were carried out at ALS Chemex in North Vancouver, B.C. Soil samples were dried and sieved to -80 mesh. The fine fraction was then analyzed for gold using fire assay followed by atomic absorption (AA) finish and for 34 other elements using a nitric acid-aqua regia digestion and ICP analysis. Rock and chip samples were dried, fine crushed to better than 70% passing -2 mm and then a 250 g split was pulverized to better that 85% passing 75 micron. The fine fraction was analyzed for gold and 34 other elements using the same procedures as were used for the soil samples.
The technical information in this news release has been reviewed by W.A. Wengyznowski, P.Eng., a qualified person for the purpose of National Instrument 43-101.
For additional information concerning Rockhaven Resources Ltd. or its various exploration projects please visit the Company’s website at www.rockhavenresources.com or contact:
Matthew Turner, CEO
Rockhaven Resources Ltd.
T: 604-688-2568
mturner@nordacres.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE: This news release includes certain “forward-looking statements”. Other than statements of historical fact, all statements included in this release, including, without limitation, statements regarding future plans and objectives of Rockhaven are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those expected by Rockhaven are those risks described herein and from time to time, in the filings made by Rockhaven with Canadian securities regulators. Those filings can be found on the Internet athttp://www.sedar.com.