GoldHaven Clears Regulatory Hurdle for Magno Drill Program
Event summary
- GoldHaven received an exploration permit for its 100%-owned Magno Project in northern British Columbia on August 20, 2026.
- The company contracted Northtech Drilling for a maiden 5,000–7,000-metre diamond drill program, with mobilization underway.
- Initial drilling will target the Kuhn tungsten-skarn zone, followed by the Magno and D Zone mineralized centres.
- The project hosts 24 potential target zones across 37,000+ hectares, with high-grade polymetallic surface results including 55.3 g/t Au and 2,370 g/t Ag.
The big picture
GoldHaven's permit approval marks a critical step in unlocking the Magno Project's potential, following a year of modern geophysical and geochemical work. The Cassiar District's historical productivity and the project's polymetallic profile position it within a broader trend of junior explorers targeting high-grade, multi-commodity systems. Success here could attract further investment in British Columbia's under-explored mineral belts.
What we're watching
- Drill Results
- How initial drill results at Kuhn will validate historical tungsten estimates and guide further exploration.
- Mineralization Extent
- Whether high-grade gold and silver targets at Magno and D Zone will expand the project's resource potential.
- Execution Risk
- The pace at which GoldHaven can convert surface geochemistry and geophysics into economic mineral deposits.
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