- Goldhaven Resources (GOH) is expanding its Pat’s Pond Project in the Central Newfoundland Gold Belt
- The project now comprises a total of 388 claims, totalling 9,700 hectares
- Pat’s Pond is located less than five kilometres from Marathon Gold’s Valentine Gold project
- Precious and base metal mineralization at Pat’s Pond occurs in three historical mineral occurrences
- Goldhaven Resources is down 3.85 per cent, trading at $0.50 at 12:04 pm ET
Goldhaven Resources (GOH) is expanding its Pat’s Pond Project in the Central Newfoundland Gold Belt.
The project now comprises a total of 388 claims, totalling 9,700 hectares.
Pat’s Pond is located less than five kilometres from Marathon Gold’s Valentine Gold project.
Mineralization was first identified in the vicinity of Pat’s Pond in 1934 where sulphide and sulfosalt boulders returned high silver-lead-zinc grades.
The Pat’s Pond land position is considered prospective for volcanogenic massive sulphides and epithermal gold deposits.
Precious and base metal mineralization at Pat’s Pond occurs in three historical mineral occurrences including Pat’s Pond #1, Pat’s Pond #2 and the Horn-Mesher.
“GOH continues to expand its land base in prolific gold jurisdictions. The fourth quarter is a high activity period and will provide consistent deliverables as we commence exploration campaigns in Newfoundland and get ready for the drill season in Chile,” said GoldHaven CEO Daniel Schieber.
GoldHaven now controls 228 square kilometres in the highly prospective Central Newfoundland Gold Belt and is preparing the two projects for exploration.
Goldhaven Resources is down 3.85 per cent, trading at $0.50 at 12:04 pm ET.
