Rockhaven Commences 10,000 m Drill Program at its Flagship Klaza Gold-Silver Project, Yukon

Work will include Pre-feasibility focused resource definition and expansion

VANCOUVER, BC / ACCESSWIRE / July 21, 2022 / Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven") is pleased to announce that crews have mobilized and the 2022 exploration program has begun at its 100%-owned and road accessible Klaza project, located in the Dawson Range Gold Belt of southern Yukon, Canada.

The fully funded program will utilize two diamond drills to complete approximately 10,000m of drilling. This drill program will advance the Klaza project towards Pre-feasibility by completing key objectives that include:

• Resource definition infill drilling (9,000m in 44 holes) to convert more of the inferred mineral resources into indicated mineral resources;
• Discovery focused exploration drilling (1,000m in 5 holes) at high-grade gold-silver epithermal targets which include the Rusk and Western BRX Extension targets;
• Additional, non-drilling target evaluations at the Rusk East, Dade, Bear and Sked prospects; and,
• Continued studies related to metallurgy, engineering and baseline permitting.

"Following a successful 2021 infill drill program, 2022 work is designed to establish indicated resources in the areas prioritized by the 2020 PEA and will lead into an updated mineral resource estimate and Pre-feasibility study in mid-2023," stated Matt Turner, Rockhaven's CEO. "Additionally, exploration drilling, trenching and prospecting will advance targets that lie outside of the resource areas to further demonstrate the camp-scale character of the Klaza project."

Klaza Deposit Infill Drilling

Infill drilling of the Klaza Deposit will focus on upgrading inferred resources into indicated resources. Based on the most recent mineral resource estimate published in 2018, 60% of the total mineral resources at Klaza are classified as indicated and 40% as inferred. A total of 6,000m of infill drilling in 31 holes was completed in 2021 and a further 9,000m in 44 holes are planned for 2022 work. This drilling, combined with further geotechnical, metallurgical and baseline environmental monitoring will continue to support the Pre-feasibility study that is expected to be completed in 2023.

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