GoldHaven Resources Advances Magno Project with $8.2 Million Funding for 2026 Drilling
Cassiar District Polymetallic System Funded For 2026 Drilling Inside Tightening Silver Market
Image: Benzinga
GoldHaven Resources Corp. is advancing its Magno Project in the Cassiar District of British Columbia with approximately C$8.2 million in funding for a 2026 drilling program. The project spans 37,204 hectares and includes three priority drill zones, supported by a recent airborne magnetic survey to enhance geological understanding and target identification amidst a tightening silver market.
- 01GoldHaven has raised approximately C$3.2 million through flow-through financing and an additional C$5.0 million through a LIFE Offering for its 2026 drill program.
- 02The Magno Project includes three priority drill zones: the Magno Zone, the Kuhn Zone, and the D Zone, with significant historical results indicating high-grade mineralization.
- 03The company has engaged Dias Airborne Limited to conduct a 1,741 line-kilometre airborne magnetic survey, expected to commence in June 2026.
- 04GoldHaven's drilling program is set to expand beyond an initial 5,000 metres, with a total capital of approximately C$4.0 million directed toward the Magno Project in 2026.
- 05The project is strategically positioned within a tightening silver market, with a focus on high-grade polymetallic systems.
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GoldHaven Resources Corp. is set to enhance its Magno Project, located in the Cassiar District of British Columbia, with a robust funding strategy totaling approximately C$8.2 million for its 2026 drilling program. This funding includes C$3.2 million from flow-through financing and an additional C$5.0 million from a LIFE Offering, allowing for a comprehensive exploration initiative across the 37,204 hectares land position. The project features three priority drill zones: the Magno Zone, the Kuhn Zone, and the D Zone, which have shown promising historical results, including up to 2,370 g/t Ag and significant levels of lead, zinc, and tungsten. To further support its exploration efforts, GoldHaven has contracted Dias Airborne Limited for a high-resolution airborne magnetic survey, scheduled for June 2026, marking the first modern geophysical assessment of the area. The company aims to construct a detailed 3D geological model to refine its drilling targets. Positioned within a tightening silver market, GoldHaven is poised to capitalize on the increasing demand for high-grade polymetallic resources, making it an attractive prospect for investors seeking exposure to the burgeoning silver sector.
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The funding and drilling program could lead to job creation and economic stimulation in the Cassiar District as exploration activities ramp up.
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