Commencement Of Maiden Diamond Drilling Program At Prospective Copecal Gold Project

VANCOUVER – GoldHaven Resources Corp. reported on the commencement of its maiden diamond drilling program at its prospective Copeçal gold Project, located within the Juruena Magmatic Arc in north-central Brazil. The upcoming drill program will test two key targets—Copeçal East and Copeçal West—identified through a combination of soil and auger drilling geochemistry, magnetic, very low frequency electromagnetic (VLF) and induced polarization (IP) surveys. These high-priority targets represent the culmination of systematic and rigorous exploration work carried out on a completely greenfields terrain.
The Copeçal Project has a notable exploration pedigree. The broader Juruena region was first identified by AngloGold Ashanti after rigorous in-house generative work, as one of Brazil’s most prospective greenfields belts. As part of their regional targeting strategy, AngloGold launched an extensive stream sediment sampling program, which highlighted several gold anomalous drainages—including those surrounding what is now the Copeçal Project. This initial reconnaissance was followed by more detailed soil geochemistry and geophysical programs, which defined the prominent east and west target zones GoldHaven has started to drill.
Despite the early promise of the project, AngloGold Ashanti ultimately left Brazil for a combination of factors, including a global downturn in exploration spending and a strategic pivot following their discovery of the Tropicana deposit in Western Australia. This shift in focus pulled resources away from Brazil at the time.