GoldHaven Resources Files Comprehensive Technical Report for Magno Polymetallic Project
VANCOUVER, British Columbia – GoldHaven Resources Corp. has taken a significant step forward in advancing its district-scale Magno polymetallic project with the filing of an independent technical report prepared in accordance with National Instrument 43-101 standards. The company, trading under symbols CSE: GOH, OTCQB: GHVNF, and FSE: 4QS, announced the completion of this comprehensive document that outlines the substantial mineral potential of its British Columbia property.
Strategic Advancement in the Cassiar District
Rob Birmingham, President and CEO of GoldHaven Resources, emphasized the importance of this milestone, stating that the filing represents a crucial advancement for what he described as one of the most prospective polymetallic projects in the Cassiar district. The technical report, titled "Magno Project, Liard Mining Division, BC," is now available on the company's website and through the SEDAR+ database, providing detailed geological and economic assessments of the property.
The Magno Project spans an impressive 37,000 hectares in northwestern British Columbia's prolific Cassiar region, hosting what company geologists describe as a large intrusion-related hydrothermal system. This system encompasses multiple mineralization types including copper-gold, silver-lead-zinc, tungsten-skarn, and critical-mineral deposits, suggesting substantial economic potential.
Exceptional Mineralization Results
The technical report highlights several remarkable findings from recent exploration activities:
- High-Grade Precious and Base Metals – Selective grab samples returned exceptional values including greater than 25 grams per tonne gold, 2,370 grams per tonne silver, over 20% lead, and 19.25% zinc from the Magno and D Zones. Notably, 45 of 357 samples exceeded 100 grams per tonne silver, confirming widespread high-grade mineralization across the property.
- Critical Mineral Discovery – The project revealed significant indium enrichment with values reaching 334 parts per million associated with sphalerite mineralization. This represents the highest recorded indium concentration in the Cassiar District and positions the Magno Project as strategically important amid tightening global supplies of this critical mineral.
- Robust Tungsten Mineralization – Thirty-two samples returned tungsten values exceeding 1,000 parts per million, with a peak measurement of 6,550 parts per million at Vines Lake. Consistent tungsten values ranging from 500 to 5,000 parts per million at Kuhn and Dead Goat locations support the presence of a substantial tungsten-skarn system.
It should be noted that grab samples are selective by nature and may not represent average grades of mineralization across the entire property.
Geological Context and Exploration Strategy
Property-wide geological mapping, sampling, and geochemical analysis have defined what company geologists describe as a classic porphyry-related metal zonation pattern. This supports the interpretation of a large mineralizing system with stacked deposit environments and strong structural controls, suggesting multiple exploration targets within the expansive property.
The company's exploration approach has identified what appears to be a district-scale mineralizing system with the potential for multiple deposit types, making the Magno Project particularly attractive for further investment and development.
Financing and Forward Plans
GoldHaven is currently advancing a non-brokered flow-through private placement of up to $2 million through the issuance of flow-through common shares priced at $0.265 per share. Proceeds from this financing will be directed toward eligible Canadian exploration expenses at the Magno Project, including:
- Permitting processes and regulatory compliance
- Three-dimensional modeling and target refinement
- Drill planning and preparation
- Continued verification of historical mineral showings
- Expansion of newly identified district-scale targets
The company may pay finder's fees in accordance with applicable securities laws and exchange policies. This financing strategy positions GoldHaven to aggressively advance the Magno Project through the 2026 field season with a fully funded exploration program.
With the NI 43-101 technical report now filed and financing underway, GoldHaven Resources appears poised to systematically explore what company leadership believes could become a significant polymetallic district in one of British Columbia's most mineral-rich regions.
