VANCOUVER, British Columbia, June 04, 2026 (GLOBE NEWSWIRE) — GoldHaven Resources Corp. (“GoldHaven” or the “Company”) is pleased to provide an update on preparations for a planned Phase II drill program at its 100%-owned Copeçal Gold-Copper Project in Brazil. Subject to the successful completion of the Company’s ongoing LIFE financing, GoldHaven intends to advance drill planning and target refinement with the objective of commencing a follow-up drill campaign during Q3 2026.
Highlights of the Phase II Program
GoldHaven is targeting commencement of Phase II drilling at Copeçal during Q3 2026. An independent geological review has identified the eastern extension of the East Target as a priority drill target. Follow-up drilling is planned to test mineralization along strike and at depth from hole COP-009. Ongoing geological interpretation supports a copper-gold exploration model. The recently announced LIFE Offering is expected to provide flexibility for expanded exploration activities.
Refined Understanding of the Mineralizing System
Following completion of an independent review and ongoing GIS modelling work, GoldHaven has refined its understanding of the Copeçal mineralizing system and is advancing preparations for a follow-up drill campaign targeted for Q3 2026. The Company’s ongoing interpretation supports the presence of a large hydrothermal system and has identified the eastern extension of the East Target as a priority area for future drilling. This target area remains largely untested by diamond drilling and is considered prospective for evaluating the continuity and scale of alteration and sulphide mineralization identified during the initial drill campaign.
CEO Commentary
“With our LIFE financing nearing completion, we are turning our attention toward the next phase of exploration at Copeçal,” stated Rob Birmingham, CEO of GoldHaven. “The work completed to date has strengthened our understanding of the hydrothermal system and identified the eastern extension of the East Target as a priority drill area. We believe the upcoming Q3 program will be an important step in determining whether the alteration, structural controls and copper-bearing sulphides identified to date represent the peripheral expression of a larger copper-gold system.”
Significance of Copper-Bearing Minerals
Recent work has focused on the significance of localized bornite and chalcopyrite mineralization encountered within hydrothermal breccia and alteration zones at the East Target. While the mineralization intersected to date remains limited in extent and grade, management believes the occurrence is significant because it demonstrates the presence of copper-bearing fluids within the system and provides an important vector for future exploration. GoldHaven cautions that the presence of alteration and copper-bearing sulphide minerals does not necessarily indicate the existence of an economically recoverable mineral resource. Additional drilling and technical evaluation will be required to determine the significance and extent of the mineralization encountered to date.
