Gold Hits Another Record High on Fed Pause, Igniting a Miner Breakout

October 15, 2025 - By: Baystreet Staff


Issued on behalf of GoldHaven Resources Corp.

VANCOUVER – Baystreet.ca News Commentary – Gold has soared past $4,150 per ounce for the first time in history[1], driven by unprecedented central bank accumulation that propelled the precious metal past $4,000 in October 2025 and delivered 52% year-to-date returns, making this gold's strongest calendar year performance since 1979[2]. The historic rally reflects a fundamental shift as global central banks surpassed their US Treasury holdings with gold for the first time in nearly three decades, accumulating over 1,000 tonnes annually while production costs remain stable, creating explosive margin expansion for producers positioned to capitalize on these unprecedented price levels[3]. This macro transformation benefits companies like GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), Orla Mining Ltd. (NYSE-American: ORLA) (TSX: ORLA), Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF), Red Pine Exploration Inc. (TSXV: RPX) (OTCQB: RDEXF), and Thor Explorations Ltd. (TSXV: THX) (OTCPK: THXPF).

Major financial institutions project gold reaching $4,900 to $5,000 by end of 2026, with some analysts forecasting peaks near $5,000 as persistent central bank demand averaging 900 tonnes annually creates structural support while geopolitical tensions and inflation concerns drive continued safe-haven flows[4]. The combination of surging prices and controlled production costs translates directly into expanding cash flows for mining companies, positioning early investors to capture gains as the sector enters what analysts characterize as a historic secular bull market with multiple structural tailwinds converging simultaneously.

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), a Canadian junior explorer, has achieved a pivotal moment by launching its inaugural diamond drilling campaign at Brazil's Copeçal Gold Project. The operation targets a historically significant area within the Juruena Gold Province, a belt that has delivered major gold finds since the late 1970s. Notably, GoldHaven is drilling targets first identified by AngloGold Ashanti, a gold mining giant whose earlier work laid crucial groundwork for this next phase of exploration.

Spanning 3,681 hectares in Mato Grosso, Brazil, the Copeçal property lies roughly 60 kilometers from Alta Floresta. Between 2010 and 2016, AngloGold Ashanti channeled approximately $1 million into methodical exploration here, uncovering a striking 6-kilometer gold-in-soil anomaly before redirecting resources to other priorities worldwide. GoldHaven's mission: determine whether this surface geochemical signature extends downward and could signal an economically viable gold system.

Initial drilling has already penetrated roughly 30 meters of saprolite (intensely weathered rock) before reaching basement gneiss displaying intense shearing and hydrothermal alteration. The core reveals widespread chlorite, sericite, and quartz alteration patterns, which are textbook signatures of hydrothermal systems linked to gold mineralization in comparable geological environments.

"The start of our maiden drill program marks a transformational milestone for GoldHaven Resources," said Rob Birmingham, President and CEO of GoldHaven. "This moment is the result of systematic exploration, including a 107-hole auger program and ongoing VLF surveys that refined our targets and mapped structural controls. Early geological observations from COP-25-001 show strong deformation and alteration where saprolite meets basement rock, exactly what we hoped to see. While we await assay results, these features validate our targeting model and align with mineralized systems across the Juruena Gold Province."

The drilling initiative encompasses 1,200 meters using Ecodrill equipment with NQ-size diamond core (47.6mm diameter), designed to complete 5-6 angled holes reaching up to 150 meters depth. The campaign focuses on two target areas designated East and West, each characterized by continuous gold-in-soil anomalies spanning 3-kilometer strike lengths. Core processing occurs at ALS Global facilities, with sample preparation conducted in Cuiabá and final assays performed in Belo Horizonte. Results are anticipated within 4-6 weeks.

"Copeçal has all the hallmarks of a compelling greenfields opportunity," said Jon Hill, former Exploration Manager for AngloGold Ashanti during the project's initial discovery phase, and current Country Manager in Brazil for GoldHaven, in a previous announcement. "As part of the original team that identified the area, I've always believed this project warranted drill testing. It sits in an underexplored but highly fertile mineral belt, and thanks to AngloGold's foundational work, we have robust geochemical and geophysical datasets to guide us."

Building toward this drilling milestone, GoldHaven executed 107 auger drill penetrations alongside VLF-EM geophysical surveys to optimize drill site selection. Infrastructure advantages include year-round accessibility via highway MT-325 and proximity to Alta Floresta, a regional center with daily commercial flights just 60 kilometers away. The project occupies ground within an emerging district that includes G Mining's Tocantinzinho deposit, which hosts multiple million ounces of gold.

Concurrently with Copeçal operations, GoldHaven has completed robust summer exploration campaigns at its fully-owned Magno and Three Guardsmen properties in northern British Columbia. Strategic claim acquisitions have expanded the Magno Project by 5,159 hectares.

GoldHaven's asset base encompasses 123,900 hectares across three Brazilian projects, underpinned by a detailed 43-101 Technical Report for Copeçal.

CONTINUED… Read this and more news for GoldHaven Resources at:

https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-historic-gold-district-exploration/

In other industry developments and happenings in the market include:

Orla Mining Ltd. (NYSE-American: ORLA) (TSX: ORLA) has announced major exploration success at the Musselwhite Mine in northwestern Ontario, with deep directional drilling confirming a potential two-kilometre extension of the mine's main gold trend beyond current resources. The drilling intersected high-grade gold mineralization 1.6 kilometres along strike from current operations, including 4.1 metres at 15.1 g/t Au with visible gold observed, while underground resource growth continues with intersections of 10.1 metres at 27.2 g/t Au and 15.7 metres at 6.89 g/t Au.

"These results validate our investment thesis for Musselwhite – this is a rare, high-quality asset with the geological continuity to support decades of additional production," said Sylvain Guerard, Senior Vice President, Exploration of Orla Mining. "We've confirmed high-grade mineralization extends far beyond current resources, positioning us for significant resource growth."

Musselwhite has produced over 6 million ounces of gold during its 28-year operating history and currently hosts 1.5 million ounces of proven and probable reserves. The Company's $25 million exploration program is approximately 65% complete, with drilling continuing through year-end using four surface and four underground diamond rigs focused on defining the extent and continuity of mineralization to establish opportunities that could increase annual gold production.

Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF) has entered into an arrangement agreement with Chengtun Mining Group Co., Ltd. pursuant to which Chengtun Mining will acquire all outstanding common shares of Loncor for C$1.38 per share in an all-cash transaction valued at approximately C$261 million on a fully diluted basis. The consideration represents a premium of approximately 33% to the 30-day volume weighted average trading price of Loncor Shares and a premium of approximately 16% to the closing price as at October 10, 2025 on the Toronto Stock Exchange.

"I am pleased to announce that we have entered into an agreement for the sale of the Company, marking a significant achievement for all stakeholders," said Arnold Kondrat, Executive Chairman of Loncor. "This Transaction crystallizes the inherent value we have built over 15 years and eliminates future dilution while mitigating commodity, political, and execution risks. The sale delivers a strong outcome for shareholders."

Loncor shareholders representing approximately 38% of the issued and outstanding shares have signed voting support agreements to vote in favour of the transaction. The transaction is expected to close not later than Q1 2026, subject to regulatory approvals and shareholder approval, with Loncor Shares expected to be de-listed from the TSX following completion.

Red Pine Exploration Inc. (TSXV: RPX) (OTCQB: RDEXF) has commenced a surface trenching and sampling program at the Wawa Gold Project aimed at better defining the geometry of gold mineralization in areas with open pit potential. The mechanized trenching program in the North Pit area follows recent high-grade drilling intersections including 45.38 g/t Au over 3.13 metres core length with 141.00 g/t Au over 0.88 metres in hole SD-25-559, and 14.51 g/t Au over 4.81 metres including 90.40 g/t Au over 0.67 metres in hole SD-25-552.

"We are pleased to announce that a surface trenching program has started in the northern zone, targeting a potential open pit, where recent drilling has returned a number of higher-grade intersections," said Michael Michaud, President and CEO of Red Pine. "The mapping and sampling of near-surface mineralization is a cost-effective way to collect vital data about the distribution and geometry of gold mineralization, that will support any future mining assessment. We remain excited about the open pit potential of this northern area, that will form part of the updated mineral resource estimate and preliminary economic assessment expected to be released in H1 2026."

The mechanized trenching is targeting the surface projection of high-grade gold mineralization over approximately 60 metres along the strike of the Jubilee Shear within the mining patents and leases. Baseline studies continue to progress on the project including the installation of 8 monitoring wells and packer testing of drill holes in areas identified for open pit potential, while mineral resource estimation, mine design and metallurgical studies for inclusion in the PEA targeted for release in the first half of 2026 are also continuing.

Thor Explorations Ltd. (TSXV: THX) (OTCPK: THXPF) has announced final drilling results from its maiden drilling campaign at its 100% owned Guitry Gold Project in Côte d'Ivoire, with the Company completing 4,604 metres of reverse circulation drilling. Additional assay highlights from the program include 6 metres at 9.63 g/t Au from 89 metres in drillhole GURC25-246, 7 metres at 1.50 g/t Au from 72 metres in drillhole GURC25-240, and 14 metres at 1.30 g/t Au from 57 metres in drillhole GURC25-247.

"We are pleased to report continued positive drilling results from Cote d'Ivoire, completing a successful maiden drilling campaign in country," said Segun Lawson, President & CEO of Thor Explorations. "When acquired, the Guitry project featured several gold-in-soil geochemical anomalies that previous explorers had only partially tested with shallow drilling. This drilling campaign has intersected and confirmed previously untested deeper bedrock mineralisation, which remains open. In the final quarter of the year, once the rainy season is over, we have planned further step-out drilling programs that will be designed to grow the potential resource inventory at Guitry."

The Guitry Project was acquired from Endeavour Mining Corporation for US$100,000 in cash and a 2% Net Smelter Royalty and covers 295 square kilometres of prospective Tehini Greenstone Belt located 220 kilometres west from Abidjan. Further exploration activities are planned to advance resource definition and identify new mineralization including systematic infill and step-out drilling, testing of untested and partially tested geochemical anomalies, and generative geochemical surveys.

Article Source: https://usanewsgroup.com/goh-profile/ and https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-historic-gold-district-exploration/

CONTACT:

Baystreet.ca

[email protected]

(805) 649-0042

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee of for GoldHaven Resources Corp. advertising and digital media for this article. There may be 3rd parties who may have shares of GoldHaven Resources Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” reserve the right to buy and sell, and will buy and sell shares of GoldHaven Resources Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY has been approved by GoldHaven Resources Corp. Technical information relating to GoldHaven Resources Corp. has been reviewed and approved by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, a Qualified Person consistent with NI 43-101 and Country Manager of GoldHaven, and therefore is not independent of the Company; While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES CITED:

1. https://tradingeconomics.com/commodity/gold

2. https://markets.financialcontent.com/stocks/article/marketminute-2025-10-10-central-banks-fueling-historic-gold-rally-a-new-era-for-global-finance

3. https://markets.financialcontent.com/stocks/article/marketminute-2025-10-13-golds-historic-ascent-global-central-banks-and-geopolitical-tensions-not-us-demand-drive-unprecedented-rally

https://coincodex.com/article/74418/gold-price-surpasses-4000-as-investors-flock-to-safe-haven-is-5000-possible-in-2025/

News & Analysis