RK-Roundup Fact Sheet 2017 - Final - Rockhaven Resources

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1016-510 West Hastings St., Vancouver, BC, Canada V6B 1L8 | Phone: 604.687.2522 | Fax: 604.687.2582 | Toll Free: 1.888.688.2522 | www.rockhavenresources.com Exchange: TSX-V Symbol: RK Rockhaven RESOURCES LTD. 0 100 200 km Whitehorse Carmacks Klaza 100% owned, high-grade gold and silver resource Road accessible in an established mining district No underlying royalties on resource areas Exploration Benefits Agreement s with local First Nation igned LOM projected recoveries: 94% gold, 88% silver, 83% lead and 84% zinc Large mineralizing system Good potential for resource expansion Rockhaven Resources Ltd. is an exploration company aggressively advancing its 100% owned, road accessible Klaza gold-silver project located in Yukon, Canada. The Klaza property is located 50 km west of Carmacks, Yukon and is road accessible a two-wheel drive road from the Klondike Highway. Rockhaven's exploration to date has included over 78,000 m of diamond drilling, 20,000 m of excavator trenching; extensive soil geochemistry; and magnetic, radiometric, IP and VLF-EM surveys. Most of the Klaza Property is underlain by Mid-Cretaceous granodiorite. A Late Cretaceous granite to quartz monzonite stock intrudes the granodiorite and is thought to be the main heat source for hydrothermal cells that deposited mineralization along a series of northwesterly trending, structural conduits. A series of northwesterly trending feldspar porphyry dykes emanate from the stock and cut granodiorite in the area of the Klaza Deposit. Klaza Deposit mineralization is hosted in eleven known structural zones, ranging from 1 m to 100 m in width most of which occur along side porphyry dykes. These structural zones collectively form a 2 km wide by 4.5 km long corridor within the granodiorite. Looking East

Transcript of RK-Roundup Fact Sheet 2017 - Final - Rockhaven Resources

Page 1: RK-Roundup Fact Sheet 2017 - Final - Rockhaven Resources

1016-510 West Hastings St., Vancouver, BC, Canada V6B 1L8 | Phone: 604.687.2522 | Fax: 604.687.2582 | Toll Free: 1.888.688.2522 | www.rockhavenresources.com

Exchange: TSX-V Symbol: RKRockhavenRESOURCES LTD.

0 100 200

km

Whitehorse

CarmacksKlaza

100% owned, high-grade gold and silver resource

Road accessible in an established mining district

No underlying royalties on resource areas

Exploration Benefits Agreement s with local First Nation igned

LOM projected recoveries: 94% gold, 88% silver, 83% lead and 84% zinc

Large mineralizing system

Good potential for resource expansion

Rockhaven Resources Ltd. is an exploration company aggressively advancing its 100% owned, road accessible Klaza gold-silver project located in Yukon, Canada.

The Klaza property is located 50 km west of Carmacks, Yukon and is road accessible a two-wheel drive road from the Klondike Highway. Rockhaven's exploration to date has included over 78,000 m of diamond drilling, 20,000 m of excavator trenching; extensive soil geochemistry; and magnetic, radiometric, IP and VLF-EM surveys.

Most of the Klaza Property is underlain by Mid-Cretaceous granodiorite. A Late Cretaceous granite to quartz monzonite stock intrudes the granodiorite and is thought to be the main heat source for hydrothermal cells that deposited mineralization along a series of northwesterly trending, structural conduits. A series of northwesterly trending feldspar porphyry dykes emanate from the stock and cut granodiorite in the area of the Klaza Deposit. Klaza Deposit mineralization is hosted in eleven known structural zones, ranging from 1 m to 100 m in width most of which occur along side porphyry dykes. These structural zones collectively form a 2 km wide by 4.5 km long corridor within the granodiorite.

Looking East

Page 2: RK-Roundup Fact Sheet 2017 - Final - Rockhaven Resources

KLAZA DEPOSIT MINERAL RESOURCESRockhavenRESOURCES LTD.

The Klaza Deposit hosts an inferred mineral resource estimate that includes 1.36 million ounces gold grading 4.48 g/t and . 26.96 million ounces silver grading 89.02 g/t

Mineralization comprises disseminated to semi-massive pyrite, arsenopyrite, galena, sphalerite, chalcopyrite, stibnite, tetrahedrite and jamesonite in quartz, carbonate and barite gangue. The relative proportions of sulphide minerals vary with each zone and with distance from the porphyry centre. The sulphide minerals typically comprise 1% to 10% of veins and altered wallrocks, often increasing to between 20% and 80% over 25 cm to 200 cm intervals.

Eleven known vein zones have been identified within the area of the Klaza Deposit. The most extensively explored zones, the BRX and Klaza zones have each been trace along strike for 2,400 m and to depths of 520 m and 325 m down-dip, respectively. Neither zone outcrops, but mineralization has been exposed along the known length of the each zone in excavator trenches, beneath a 1 m to 2 m thick veneer of overburden. Mineral resources currently include the Klaza and BRX zones, and parts of the BYG and Pika zones. All zones are open for expansion along strike and down-dip.

DECEMBER 2015 INFERRED MINERAL RESOURCE

Tonnes (kt)

GRADE

Au (g/t) Ag (g/t) Pb (%) Zn (%)Au EQ (g/t)*

Pit-Constrained 2,366 5.12 94.51 0.93 1.18 6.71

Underground 7,054 4.27 87.18 0.69 0.88 5.65

TOTAL 9,421 4.48 89.02 0.75 0.95 5.92

CONTAINED METAL

Au (koz) Ag (koz) Pb (klbs) Zn (klbs)Au EQ (koz)*

Pit-Constrained 389 7,190 48,258 61,475 510

Underground 969 19,772 107,159 136,416 1,282

TOTAL 1,358 26,962 155,417 197,891 1,793

*Gold equivalent values were calculated using the following formula: Au EQ=Au+Ag/85+Pb/3.74+Zn/5.04 and assuming US$1,300 oz Au, US$20 oz Ag, US$0.90 lb Pb and US$0.90 lb Zn with recoveries for each metal of Au: 96%, Ag: 91%, Pb: 85% and Zn: 85%.

Additional information about the Klaza property Mineral Resource and Preliminary Economic Assessment is summarized in Rockhaven’s March 1, 2016 technical report titled “Technical Report and PEA for the Kaza Au-Ag deposit, Yukon Canada for Rockhaven Resources Ltd.” which can be viewed at www.sedar.com under the Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com

KL-14-188: 21.50 g/t Gold, 323 g/t Silver, 1.30% Lead, 2.05% Zinc and 0.81% Copper over 1.47 m

Page 3: RK-Roundup Fact Sheet 2017 - Final - Rockhaven Resources

MINERAL PROCESSING AND PEARockhavenRESOURCES LTD.

In March 2016, Rockhaven completed a PEA that presents a conceptual mine and milling plan using the December 2015 mineral resource.

Mineral resources from the western and central portions of the Klaza and BRX zones would be extracted using a combination of contractor open pit and owner-operator longhole open stoping underground mining methods. The process facility is designed to operate at 1,500 tpd and will feature standard crushing, SAG and ball mill grinding followed by sequential lead, zinc and arsenopyrite flotation circuits. The arsenopyrite concentrate will then be treated by pressure oxidation and cyanide leaching to recover gold. The lead concentrate will be leached to recover gold and silver using an Acacia intensive cyanide leach process.

POX & CIP

Zinc(2.2% mass pull)

Arsenopyrite(12.1% mass pull)

Zinc Concentrate

Acacia Leach

Lead(1.1% mass pull)

Lead

Concentrate

90.4% of

recovered

gold to doré

Pressure oxidation of arsenopyrite concentrate (12.1% of mill feed)

Klaza Simplified Flowsheet

Three stage conventional flotation

94% total gold recovery

2016 PEA RESULTS AND ASSUMPTIONS

Unit Value

2Payable Gold oz 630,000

2Payable Silver koz 11,364

2Payable Lead klbs 51,229

2Payable Zinc klbs 52,461

Total Net Revenue $M 1,365

Project Capital Costs $M 262

Sustaining Capital Costs $M 96

3Operating Costs (Total) $/t 115

1Operating Cash Cost (AuEQ) US$/oz 651.5

1Total AISC (AuEQ) US$/oz 965.9

4Payback Period Yrs 7

Pre-Tax NPV (@5%) $M 150

Pre-Tax IRR % 20

Post-Tax NPV (@5%) $M 86

Post-Tax IRR % 14

Total Mineralized Rock Mined kt 6,444

Gold Grade (LOM) g/t 3.3

Silver Grade (LOM) g/t 77

Lead Grade (LOM) % 0.70

Zinc Grade (LOM) % 0.80

Gold Recovery (LOM) % 94

Silver Recovery (LOM) % 88

Lead Recovery (LOM) % 83

Zinc Recovery (LOM) % 84

Gold Price US$/oz 1,200

Silver Price US$/oz 16

Lead Price US$/lb 0.80

Zinc Price US$/lb 0.85

Exchange Rate CND:US 1.33

Note: Values in Canadian Dollars unless stated otherwise

1. Gold equivalent values are calculated using the following formula: AuEQ=1*Au+Ag/106.5+Pb/7.63+Zn/14.452. Overall payable % includes treatment, transport, refining costs and selling costs3. Includes mine operating costs, milling, and mine G&A4. Values are pre-tax and discounted at 5%, from base date of Year 0

KLAZA

BRX

Page 4: RK-Roundup Fact Sheet 2017 - Final - Rockhaven Resources

1016-510 West Hastings St., Vancouver, BC, Canada V6B 1L8 | Phone: 604.687.2522 | Fax: 604.687.2582 | Toll Free: 1.888.688.2522 | www.rockhavenresources.com

Exchange: TSX-V Symbol: RKRockhavenRESOURCES LTD.

Equity and Financial January 2017

Issued:Options:Warrants:Fully DilutedWorking Capital:Corporate Debt: none

~ $1,100,000148,837,368

11,180,000129,753,093

Robert C. Carne, M.Sc., P. Geo.

Director

Matthew A. Turner, B.Sc.CEO/President/Director

Ian J. Talbot, B.Sc., LL.BChief Operating Officer

SecretaryGlenn R. Yeadon B.Comm., LL.B

Management/Directors

DirectorR. Allan Doherty P. Geo.

DirectorDavid G. Skoglund

Larry Donaldson, C.A.Chief Financial Officer

DirectorRandy C. Turner, B.Sc., P.Geo

DirectorBruce A. Youngman, B.Sc.

Bradley J. ShislerDirector

7,904,275

Marc G. Blythe, P.Eng.VP Project Development

Rockhaven is committed to advancing the Klaza Project through further exploration and exploring potential opportunities to enhance project economics, including:

Resource expansion:

Pre-concentration:

Mineralized veins, and veinlets comprises medium to coarse grain sulphides. Gold occurs both as discrete grains and in solid-solution in both arsenopyrite and pyrite. Pre-concentration testwork will focus on density separation techniques at a coarse crush. Successful tests could reduce cut-off grades and processing costs.

hosted within granodiorite,

Mineral resources currently only include the Klaza and BRX zones, and parts of the BYG and Pika zones. No resources have been estimated on the other seven zones. All zones are open for expansion along strike and down-dip. Currently, low-grade mineralization found in the footwall of the Central Klaza and in the Eastern BRX are not included in the mineral resource estimate.

Exploration:Exploration on the 254 square kilometre Klaza property has included airborne and ground magnetic, radiometric, IP and VLF-EM surveys, and extensive soil geochemistry. Alteration adjacent to the known vein zones is associated with coincident linear magnetic lows and VLF-EM conductors. Many anomalies with similar signatures have not yet been tested.

East of the Klaza resource area, porphyry mineralization is hosted within a quartz monzonite stock and is known as the Kelly porphyry zone. The extend of this porphyry system has been delineated by a IP survey conducted in 2016, which identified a 2,400 m by 2,200 m sub-circular chargeability anomaly containing greater than 40 ms values with a 1,700 m by 800 m core with greater than 50 ms values. Only two diamond drill holes have tested this IP anomaly and have intersected alteration and mineralization consistent with those found in calc-alkaline porphyry deposits. Mineralization in these holes consists primarily of pyrite with lesser chalcopyrite and molybdenite.

The technical information in this summary has been approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101

km

0 1

Klaza

BRX

50 ms IP anomaly

Magnetic 1st Vertical Derivative