Issued on behalf of GoldHaven Resources Corp.
VANCOUVER – Baystreet.ca News Commentary – Gold climbed back above $4,200 per ounce on Monday as December rate cut odds reached 87% following dovish Federal Reserve commentary, sending precious metals to multi-year highs[1]. Mining companies are capitalizing on the elevated price environment by accelerating infrastructure investments and systematic development programs designed to convert ounces and advance projects toward production[2]. These market dynamics position exploration and development companies to capture expanding margins while building long-term asset value, including GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF), Alkane Resources Limited (TSX: ALK) (OTCQX: ALKEF), 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF), and Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF).
J.P. Morgan Private Bank analysts project gold exceeding $5,000 per ounce in 2026, driven primarily by emerging market central bank accumulation[3]. The structural shift creates compelling conditions for companies advancing drill-defined resources, as lower interest rates reduce opportunity costs of holding non-yielding assets while gold maintains its safe-haven appeal amid persistent economic uncertainty[4].
GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) has expanded its maiden diamond drilling program at the Copeçal Gold Project in Brazil to nine holes after intersecting encouraging sulphide mineralization at the East Target. The company has reported that eight diamond drill holes totaling 889.55 meters have been completed across both the East and West targets, with the ninth hole now in progress to follow up on the promising pyrite-chalcopyrite interval discovered in hole COPE-PDH-004.
"We are encouraged by the progress made during this initial drill campaign at Copeçal," said Rob Birmingham, CEO of GoldHaven Resources. "The sulphide interval intersected in Hole COPE-PDH-004 is the strongest subsurface evidence we've seen to date supporting the robust gold anomalism outlined at surface. Our decision to add a ninth follow-up hole is a direct response to this promising development and underscores our disciplined approach to advancing high-priority targets."
The program has delivered GoldHaven's most significant subsurface confirmation to date that surface gold anomalies are connected to a deeper mineralized system. Hole COP-004 successfully cut through disseminated fine-grained pyrite and chalcopyrite across a 21.25-meter interval from 79 meters to 100.25 meters depth, occurring within a sheared biotite granitoid that displays phyllic alteration characterized by quartz-muscovite-sericite-calcite assemblages. This geological signature indicates that GoldHaven has penetrated the hydrothermal system driving gold mineralization in the region.
The reconnaissance drilling tested high-priority gold targets outlined by soil and auger geochemistry supported by geophysical surveys. Four holes at the East Target totaled 441.7 meters, while four holes at the West Target totaled 447.85 meters. The current ninth hole is designed to test the depth extension of the mineralized zone intersected in hole COPE-PDH-004 and is planned to reach 200 meters downhole. Once completed, all drill cores will be geologically logged, sampled, and submitted for assay.
Beyond its Brazilian operations, GoldHaven continues expanding its footprint in British Columbia. The company is advancing its Magno Project in the Cassiar region, recently securing the Hamel claims to consolidate a district-scale land package exceeding 36,000 hectares.
GoldHaven now commands a diversified exploration portfolio spanning 123,900 hectares across two premier mining jurisdictions. With sulphide mineralization confirmed in drill core and an expanded drilling program underway, the company presents investors with substantial scale paired with active discovery momentum, all underpinned by a comprehensive 43-101 Technical Report.
For a full profile of GoldHaven Resources click here.
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:
Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) has consolidated 100% ownership of the Hope Brook Gold Project and engaged SGS Geological Services to complete a Preliminary Economic Assessment expected in the first half of 2026. The project's strategic location on tidewater in Newfoundland and recent metallurgical test work producing high-grade copper-gold concentrates ranging from 26 to 30% Cu with 270 to 539 g/t Au position the company for potential offtake agreements.
"2025 has been a significant year for Big Ridge Gold," said Michael Bandrowski, CEO of Big Ridge Gold. "The Company renegotiated the Hope Brook earn-in agreement, increasing its ownership to 100%, and recently engaged SGS Geological Services to complete a Preliminary Economic Assessment on the Hope Brook Gold Project. In addition, the Company is preparing concentrate samples for marketing and potential offtake agreements."
Hope Brook historically produced approximately 750,000 ounces of gold from 1987 to 1997, and the company is now preparing concentrate samples for marketing purposes. Partner Caprock Mining has commenced a Phase I drill program at the Destiny gold project, testing the deposit at depth.
Alkane Resources Limited (TSX: ALK) (OTCQX: ALKEF) has discovered new mineralization at its Tomingley Gold Operations in Central New South Wales, with underground drilling identifying a second andesite approximately 150 metres west of the current McLeans resource. Significant intercepts include 26 metres grading 4.36 g/t Au including 3.3 metres at 22.8 g/t Au, and drilling at the Western Monzodiorite domain at Roswell returned exceptional results including 7.9 metres grading 14.6 g/t Au with 1.1 metres at 84.4 g/t Au.
"Most of Tomingley's deposits are open at depth and along strike," said Nic Earner, CEO of Alkane Resources. "This drilling further demonstrates not only the significant resource expansion potential across the mine site but the potential to discover other deposits."
The western andesite discovery at McLeans represents an additional emerging target within the mine footprint with preliminary dimensions of 120 metres on strike and 160 metres vertically, open both up and down dip. An intensive underground diamond core drilling program continues at Roswell to convert the current Inferred Resource to Indicated status, with 89 holes totaling 18,064 metres completed to date.
1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF) has intersected spectacular high-grade results at the San Antonio West target within its True North Gold Project in southeast Manitoba, with drilling returning 24.83 g/t Au over 2.60 metres including 46.00 g/t Au over 1.00 metre. The surface drilling program confirmed quartz vein-hosted gold mineralization extends to a depth of 630 metres below surface, with the company completing 75 surface drill holes totaling 20,398 metres.
"San Antonio West continues to deliver some of the best near-mine exploration results we've seen at True North," said Shaun Heinrichs, CEO of 1911 Gold. "These high-grade intercepts demonstrate the strength of the True North mineralized system and highlights the continued opportunity to outline new zones of mineralization adjacent to existing infrastructure. With the transition to underground drilling, we will accelerate resource growth across multiple target areas building towards a sustainable restart of operations."
The company has transitioned to underground exploration with two drill rigs now active on Level 16, located 695 metres below surface, targeting down-dip extensions of multiple discoveries. Drilling also identified significant gold mineralization at the Annex target, a new zone located 300 metres east of the Cartwright Zone covering an area 120 metres along strike by 160 metres vertically and open at depth.
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has completed a transformational 36,000 hectare acquisition west of its Antino Gold Project in Suriname, expanding the total project area to 56,000 hectares for US$5.0 million plus milestone payments. Drilling has extended Upper Antino gold mineralization to over 2,500 metres of strike length, with recent results including 17.0 metres of 3.06 g/t Au incorporating 4.0 metres of 10.44 g/t Au and a near-surface interval of 60.0 metres of 0.85 g/t Au from only 8.1 metres depth.
"This is a transformational period for Founders – over the past two weeks, we've closed a C$50 million strategic investment from Gold Fields, expanded the Antino land package to 56,000 hectares, and with today's results, demonstrated excellent along-strike, progressive growth of gold mineralization at Upper Antino," said Colin Padget, CEO of Founders Metals. "With a strong cash position, a proven exploration team, and clear ability to operate efficiently in Suriname, Founders is well positioned to systematically explore our ever-growing land package of highly prospective geology with the proven potential to host multi-million-ounce gold deposits."
The company currently has four drill rigs operating at Da Vinci, Lower Antino, Parbo, and Upper Antino, with Van Gogh drilling planned to begin shortly. Results from Maria Geralda and Parbo are expected in the coming weeks, followed by results from other priority targets through the fourth quarter and into early 2026.
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/
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SOURCES CITED:
1. https://markets.chroniclejournal.com/chroniclejournal/article/marketminute-2025-12-1-fed-rate-cut-hopes-ignite-gold-and-silver-rally-a-new-dawn-for-precious-metals
2. https://www.bloomberg.com/news/articles/2025-11-10/jpm-private-forecasts-gold-prices-topping-5-000-in-2026
3. https://www.bloomberg.com/news/articles/2025-11-10/jpm-private-forecasts-gold-prices-topping-5-000-in-2026
4. https://markets.chroniclejournal.com/chroniclejournal/article/marketminute-2025-12-1-fed-rate-cut-hopes-ignite-gold-and-silver-rally-a-new-dawn-for-precious-metals