GoldHaven Resources has strategically enlarged its Magno Project in British Columbia, Canada, through the acquisition of new claims. This expansion, encompassing an additional 429.46 hectares, solidifies the company's regional landholdings and sets the stage for intensified exploration of the project's varied mineral deposits. Recent geological surveys have pinpointed the 72-million-year-old Cassiar Stock granite as a critical geological feature influencing mineralization, guiding the decision to extend the project's boundaries to a substantial 36,002.99 hectares. This initiative underscores GoldHaven's commitment to maximizing shareholder value by unlocking the full potential of this promising mining district.
GoldHaven Resources Strengthens Magno Project Footprint in British Columbia
In a significant development for the mining sector, GoldHaven Resources recently announced the expansion of its Magno Project in the rugged landscapes of north-western British Columbia, Canada. On November 3, 2025, the company finalized an agreement to acquire the Hamel claims, a strategic move that adds 429.46 hectares to its existing land portfolio. This acquisition is a testament to GoldHaven's unwavering commitment to establishing a formidable district-scale presence in the region.
The Magno Project is celebrated for its diverse styles of mineralization, all intrinsically linked by shared fluid pathways and underlying heat sources. Crucially, recent fieldwork has underscored the pivotal role of the Cassiar Stock, a Cretaceous granite dating back 72 million years, as a primary geological control over the mineral deposits within the project area. Detailed mapping has unveiled a compelling correlation between various phases of the Cassiar Stock and the documented mineralized showings. This vital insight has propelled GoldHaven to significantly enlarge the project area to an impressive 36,002.99 hectares, with the explicit goal of further consolidating the known mineralization.
Initial exploration efforts have already established connections between mineralized skarns along distinct north-south and north-east-trending structures, particularly where the Cassiar Stock penetrates the ancient Cassiar Terrane sediments. Within the Magno Central zone, structurally controlled skarn and carbonate replacement deposit-style mineralization have been identified within the Rosella formation. This area, historically recognized for its silver, lead, and zinc potential, is now also revealing encouraging signs of indium and gallium, adding new dimensions to its prospective value.
Drawing parallels with Coeur Mining's renowned Silvertip Project, GoldHaven Resources executives express strong confidence in the regional potential of the Magno Project. Recent geological mapping in the Kuhn and Dead Goat zones has successfully identified skarns predominantly composed of diopside-garnet, with specific zones exhibiting the presence of tremolite, pyrrhotite, and scheelite.
The formal title transfer agreement, dated October 23, 2025, facilitates the acquisition of a 100% interest in these new claims from Robert Joseph Hamel, situated within the prolific Cassiar Mining District. As part of the consideration, GoldHaven will disburse C$10,000 (equivalent to approximately $7,128 USD) in cash and issue 300,000 common shares to the vendor. These consideration shares will be subject to a standard Canadian statutory four-month hold period, ensuring regulatory compliance.
Rob Birmingham, the esteemed CEO of GoldHaven Resources, articulated the significance of this expansion: “The acquisition of the Hamel claims is a powerful reinforcement of our strategic land position within the Magno Project. It emphatically underscores our dedication to cultivating a robust, district-scale mining portfolio across British Columbia. We firmly believe this region harbors immense exploration potential, and the consolidation of these key ground positions represents a crucial stride in unlocking substantial value for our esteemed shareholders.”
This strategic expansion in British Columbia follows closely on the heels of GoldHaven Resources' recent commencement of its inaugural diamond drilling program at the Copeçal Gold Project, located within the Juruena Magmatic Arc in north-central Brazil, signaling a period of aggressive growth and exploration for the company.
The proactive expansion by GoldHaven Resources in British Columbia presents a compelling case study for junior mining companies. It highlights the critical importance of strategic land consolidation and geological understanding in unlocking the full potential of mineral-rich regions. The focus on identifying geological controls, such as the Cassiar Stock, and recognizing diverse mineralization styles, including the potential for rare elements like indium and gallium, demonstrates a forward-thinking approach to exploration. This move not only strengthens GoldHaven's asset base but also signals a broader trend in the industry towards comprehensive regional exploration to maximize resource discovery and shareholder returns.