VANCOUVER, British Columbia – GoldHaven Resources Corp. has announced significant progress at its Copeçal Gold Project located in Mato Grosso State, Brazil, following the completion of its first-ever diamond drilling program. The company is now preparing for an expanded Phase 2 drilling initiative focused on the promising West Target area.
Initial Drilling Program Marks Major Milestone
The inaugural drilling campaign represents a crucial transition for the Copeçal project from surface exploration to systematic subsurface testing. GoldHaven completed nine diamond drill holes during this initial phase, targeting two priority areas known as the West Target and East Target.
Rob Birmingham, President & CEO of GoldHaven, emphasized the importance of this achievement: "Completing the first diamond drilling program at Copeçal marks an important milestone as we transition the project from surface exploration into systematic drill testing. While this initial phase was designed as a first-pass program, the presence of gold and copper anomalism together with structural deformation, alteration, and quartz veining provides strong geological indicators that we are operating within a mineralized system."
Promising Geological Findings
The drilling program successfully confirmed the presence of anomalous gold and copper mineralization across the tested areas. Geological observations revealed structural deformation, quartz veining, and phyllic alteration consistent with hydrothermal mineralizing systems common to the region.
These findings support GoldHaven's working model that the Copeçal Project may host a broader mineralized system. The initial drilling campaign represents an important first step in vectoring toward higher-grade zones within the property.
West Target Emerges as Priority Zone
Analysis of the drilling results has identified the West Target as the most promising area for further exploration. This zone demonstrated widespread gold anomalism within both saprolite and underlying bedrock, making it the primary focus for the upcoming Phase 2 drilling program.
"The West Target in particular has emerged as a priority area where Phase 2 drilling will focus on expanding the system and vectoring toward higher-grade zones," Birmingham explained. "With the benefit of new drill data combined with historical exploration work completed by AngloGold Ashanti, we believe the upcoming phase of exploration will significantly enhance our ability to target the core of the system."
Historical Exploration Provides Strong Foundation
The Copeçal Project benefits from extensive historical exploration conducted by AngloGold Ashanti, which provides a robust technical foundation for GoldHaven's current efforts. This historical work includes comprehensive geochemical, geophysical, and geological datasets that are now being integrated with the new drilling results.
This integration of historical and contemporary data is expected to significantly refine exploration targeting as the project advances to its next phase of development.
Phase 2 Drilling Program Planned
GoldHaven has announced plans for a Phase 2 drill program scheduled to commence in mid-Q2 2026. This next phase will focus primarily on the West Target area with the following objectives:
- Expanding known mineralization zones
- Vectoring toward higher-grade areas within the system
- Building upon the geological indicators identified during the initial drilling phase
The company believes the results from the initial program provide valuable technical information that will guide more precise targeting during the upcoming exploration phase.
Strategic Importance of the Copeçal Project
The Copeçal Gold Project represents a significant opportunity in Brazil's mineral-rich Mato Grosso State. The successful completion of the inaugural drilling program and the promising results obtained position GoldHaven to advance the project toward potential resource definition.
The company's systematic approach, combining new drilling data with historical exploration information, demonstrates a methodical strategy for mineral discovery and project development in this promising geological setting.
