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Highlights:
- GoldHaven finalizes acquisition of Copper Peak Metals, including the Magno and Three Guardsmen properties.
- Company issues 3.99 million shares and warrants as part of the $359,100 deal.
- Gerry Diakow appointed to GoldHaven’s Board of Directors, bringing decades of regional experience.
GoldHaven Resources Corp. ("GoldHaven" or the "Company") is pleased to announce the completion of its previously disclosed acquisition of Copper Peak Metals Inc. ("Copper Peak") and its assets. The acquisition, finalized in accordance with the definitive securities exchange agreement dated October 31, 2024, allows GoldHaven to acquire all of Copper Peak's issued and outstanding shares and warrants. This move strategically expands GoldHaven's presence in British Columbia’s Liard Mining District, a historically rich area for mineral exploration and development.
In addition to the share and warrant issuance, GoldHaven has agreed to a future obligation to pay $93,334 to the underlying property optionor, Gerry Diakow, by January 29, 2025, in connection with the acquisition of the Magno Property.
Copper Peak is the beneficial and registered owner of a 100% undivided interest in the Magno Property, a significant mineral asset located in the Liard Mining District of British Columbia. The Magno Property consists of 24 mineral tenures, and it holds considerable exploration potential given its proximity to known porphyry systems in the region. GoldHaven also acquires the Three Guardsmen property as part of the deal, which further strengthens its portfolio in this district-scale area.
The Magno Property has been the subject of a National Instrument 43-101 technical report, which is available on GoldHaven’s website. This report provides detailed insights into the property’s potential and will guide the Company's next steps as it moves forward with exploration efforts.
In a related move, GoldHaven is pleased to announce the appointment of Gerry Diakow to the Board of Directors. Diakow brings extensive knowledge of the Cassiar region, having worked in the area since 1973. His experience includes involvement with Union Carbide’s regional helicopter silt sampling program and years of collaboration with the Kaska First Nation. Diakow’s deep understanding of the region and its communities will be invaluable as GoldHaven looks to advance its exploration and development initiatives in British Columbia.
GoldHaven’s CEO, Wally Smith, expressed excitement about the successful completion of the acquisition, calling it a pivotal milestone for the Company. He emphasized the strategic value of the newly acquired assets, particularly the Magno and Three Guardsmen properties, which are located in a historically prolific mining district. Smith outlined the Company’s intention to initiate Phase 1 exploration on the Magno Property, aimed at confirming potential links to the nearby porphyry systems known to exist in the region.
As GoldHaven moves forward, the Company is focused on unlocking the full potential of its new properties through a robust exploration program, which could provide significant upside for shareholders as it advances its project pipeline.
The acquisition of Copper Peak Metals and its valuable Magno and Three Guardsmen properties positions GoldHaven Resources Corp. as a key player in British Columbia's mining sector. The deal not only expands the Company’s asset base but also strengthens its management team with the addition of regional expert Gerry Diakow. With a clear focus on exploration and development, GoldHaven is poised for continued growth in the coming years, with an eye on advancing its BC projects and creating value for shareholders.
