GoldHaven Expands Drilling at Copeçal West Target with Phase II Program
Event summary
- GoldHaven Resources Corp. has contracted Layne do Brasil Ltda. for an eight-hole, 1,650-metre Phase II drill program at the Copeçal West Target in Brazil.
- The program aims to test the continuity of gold mineralization along strike and down plunge, following promising results from the initial drilling campaign.
- Mobilization is expected to commence by mid-August 2026, with completion targeted before year-end.
- The Phase II program builds on previous work that confirmed bedrock gold mineralization in all four holes drilled at the West Target.
The big picture
GoldHaven's Phase II drill program at the Copeçal West Target is a strategic move to validate the economic potential of its 100%-owned project in Brazil. The initiative comes amid broader industry trends of increased exploration activity in the Juruena Gold Province, where G Mining Ventures’ Tocantinzinho gold mine operates approximately 150 kilometres away. The success of this program could position GoldHaven as a key player in the region's mineral exploration landscape.
What we're watching
- Geological Continuity
- Whether the Phase II drilling will confirm the continuity and grade of the mineralized system at the Copeçal West Target.
- Execution Risk
- The pace at which GoldHaven can mobilize and complete the drill program, given operational and geological uncertainties.
- Market Dynamics
- How the results of the Phase II program will impact investor interest and potential financing for future exploration activities.
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