GoldHaven Eyes Brazil's Copper-Gold Prize with Q3 Drilling at Copeçal

VANCOUVER, British Columbia – June 04, 2026 – Junior explorer GoldHaven Resources Corp. is gearing up for a pivotal phase of exploration at its Copeçal Gold-Copper Project in Brazil, setting its sights on a Q3 2026 drill campaign. The move follows a positive independent geological review that has pinpointed a high-priority target area, potentially holding the key to a much larger mineralized system. The entire operation hinges on the successful completion of a recently announced strategic financing, a common but critical hurdle for companies in the high-stakes world of mineral discovery.

Following an initial drill campaign and extensive data modeling, the company has zeroed in on the eastern extension of its 'East Target' anomaly. This area, which remains largely untested, is now the focus of a follow-up program designed to probe for mineralization at depth and along strike from promising, albeit early, findings.

"With our LIFE financing nearing completion, we are turning our attention toward the next phase of exploration at Copeçal," stated Rob Birmingham, CEO of GoldHaven, in a recent announcement. "We believe the upcoming Q3 program will be an important step in determining whether the alteration, structural controls and copper-bearing sulphides identified to date represent the peripheral expression of a larger copper-gold system."

The Geological Detective Work at Copeçal

GoldHaven's confidence stems from a multi-layered exploration strategy that blends modern technology with a rich trove of historical data. The company's ongoing interpretation supports the presence of a large hydrothermal system—the kind of geological engine capable of producing significant copper-gold deposits. While mineralization encountered in the first phase was described as limited, the discovery of copper-bearing sulphides like bornite and chalcopyrite was a crucial proof-of-concept. For geologists, these minerals act as vectors, providing clues that can point toward the hotter, more concentrated core of a mineral system.

The exploration team is effectively piecing together a geological puzzle. A key piece is the historical data generated by mining giant AngloGold Ashanti, which explored the property between 2010 and 2016. That work identified multiple zones of anomalous gold and arsenic in soil samples across a six-kilometer strike, providing a foundational blueprint for GoldHaven’s more targeted approach. By integrating this historical information with new field mapping, soil sampling, and modern GIS modeling, the company has refined its understanding of Copeçal and bolstered its case for this next, more aggressive drilling phase.

The priority eastern target is considered highly prospective for confirming the scale of the system. Success here would not only validate the company's exploration model but could significantly de-risk the project and attract further investment interest.

Financing the Hunt: A Strategic Capital Push

Ambition in the mining sector is fueled by capital, and GoldHaven has been actively shoring up its treasury. The planned Q3 drill program is contingent on the closing of a C$5.0 million financing under Canada's Listed Issuer Financing Exemption (LIFE). This mechanism is particularly attractive for junior companies as it allows for the issuance of freely tradeable units, providing faster access to liquidity from a broader investor base.

Proceeds from the offering are earmarked for both the Copeçal project and the company's flagship Magno Project in British Columbia. This dual-pronged approach showcases a strategy of advancing multiple promising assets concurrently. The LIFE offering follows a series of successful flow-through financings earlier in the year, which raised over C$3.2 million primarily for the Magno drill program, demonstrating the company's ability to secure capital in a competitive market.

"This financing positions us to aggressively advance both of our core assets," a company representative noted recently. The capital injection is expected to provide the flexibility needed for an expanded exploration program at Copeçal, allowing the team to follow up on promising results without delay. For investors, this proactive financial strategy is a key indicator of management's confidence and operational readiness.

A Rich Neighborhood: Copeçal in the Alta Floresta Province

Location is paramount in mining, and GoldHaven’s Copeçal project is situated in prime geological real estate. The Alta Floresta Gold Province is a historically prolific belt in Mato Grosso, Brazil, that has been yielding gold since the 1970s. The region is known for hosting a variety of deposit styles, from the large-scale intrusion-related gold deposits like G-Mining’s nearby Tocantinzinho mine to porphyry-style copper-gold and epithermal systems.

The success of its neighbors provides both a benchmark and a cautionary tale. G-Mining Ventures brought its Tocantinzinho project to commercial production on time and on budget in 2024, proving that large-scale, modern mining operations can thrive in the region. Aura Minerals is also actively developing its Matupá project within the same province. However, the experiences of other operators, such as Serabi Gold, which has faced permitting and social license challenges, underscore the complexities of operating in Brazil. Navigating environmental regulations and securing community support are as critical to success as geological promise.

GoldHaven appears well-positioned on the logistical front. The Copeçal project benefits from excellent infrastructure, located just 60 kilometers from the regional hub of Alta Floresta, which has a commercial airport, established mining services, and access to hydroelectric power. This proximity significantly reduces the operational risks and costs often associated with remote exploration.

With its management team now led by a CEO intimately familiar with the project through a prior acquisition, GoldHaven is moving forward with a clear strategy. The company is now finalizing drill targets for the Q3 program, with mobilization plans underway. For GoldHaven and its investors, the coming months represent a pivotal period, as the drill bit prepares to test a geological thesis years in the making.