GoldHaven Announces $2 Million Critical Mineral Flow-Through Financing
VANCOUVER, British Columbia – GoldHaven Resources Corp. has revealed plans for a non-brokered flow-through private placement financing aimed at raising up to $2 million. The company intends to issue up to 7,547,170 flow-through shares at a price of $0.265 per share, with the offering qualifying under the Income Tax Act (Canada) as critical mineral flow-through shares. No warrants will be issued as part of this financing arrangement.
Financing Details and Strategic Use of Proceeds
The gross proceeds from this offering will be allocated to eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures. GoldHaven plans to renounce these expenses to subscribers with an effective date no later than December 31, 2026. Completion of the offering is contingent upon standard closing conditions, including necessary regulatory approvals. All securities issued will be subject to a statutory hold period of four months and one day, and the company may pay finder’s fees in accordance with applicable securities laws and exchange policies.
Advancing the District-Scale Magno Polymetallic Project
This financing is designed to propel the advancement of GoldHaven’s district-scale Magno polymetallic project. The funds will support comprehensive 3D targeting, target refinement, and drill planning for the 2026 field season. Additionally, the company will continue verification of historical showings and expand exploration of newly identified targets across the district.
Robert Birmingham, President and CEO of GoldHaven Resources Corp., emphasized the significance of this financing: “Our 2025 program delivered several milestones with indium values up to 334 ppm—the highest recorded in the Cassiar District—alongside high-grade silver-lead-zinc mineralization. Strong and widespread tungsten mineralization, particularly at the Kuhn and Dead Goat Zones, further confirms the scale of the system. The property-scale metal zonation we’ve mapped is characteristic of a large, intrusion-driven mineral system. This financing allows us to complete 3D targeting and advance toward 2026 drilling.”
Key Highlights from Recent Exploration
The company’s recent exploration efforts have yielded promising results that underscore the project’s potential:
- 334 ppm Indium Discovery: Indium values up to 334 ppm associated with sphalerite (Zn) represent the highest recorded in the Cassiar District, highlighting Magno’s strategic relevance amid rising indium prices and global supply constraints.
- High-Grade Silver-Lead-Zinc Results: Grab samples returned up to 2,370 g/t Ag, more than 20% Pb, and 19.25% Zn from the Magno and D Zones. Notably, 45 of 357 samples exceeded 100 g/t Ag, confirming widespread high-grade mineralization.
- Strong and Widespread Tungsten Mineralization: 32 samples returned more than 1,000 ppm W, with a peak of 6,550 ppm W at Vines Lake and consistent readings of 500–5,000 ppm W at the Kuhn and Dead Goat Zones.
- Fully Funded Advancement Strategy: The $2 million flow-through financing at $0.265 per share, issued without warrants, provides the necessary capital to execute the 2026 exploration strategy effectively.
It is important to note that grab samples are selective by nature and may not represent average grades of mineralization. However, these findings contribute to a growing body of evidence supporting the project’s viability and scale.
GoldHaven Resources Corp. trades on the CSE under the symbol GOH, on the OTCQB under GHVNF, and on the FSE under 4QS. The company remains focused on leveraging this financing to unlock the full potential of the Magno polymetallic project, positioning itself as a key player in the critical minerals sector.
