Canadian GoldHaven Resources Acquires Copper Peak Metals

Canadian GoldHaven Resources Acquires Copper Peak Metals

Strengthening Exploration Capabilities in British Columbia

GoldHaven Resources, a Canadian junior metals exploration company, has successfully acquired Copper Peak Metals, marking a strategic expansion of its mineral asset portfolio. This acquisition brings the Magno and Three Guardsmen mineral properties under GoldHaven’s ownership and strengthens its position in historically rich mining districts in British Columbia (BC).

The Details of the Acquisition

The completion of this deal follows a definitive securities exchange agreement signed on 31 October 2024. GoldHaven agreed to exchange 3.99 million common shares at a price of $0.09 each and issued one million share purchase warrants. To manage the release of these shares, a structured pooling arrangement was established. Under this plan, 10% of the shares will be released immediately, with the rest distributed in six equal tranches over the next three years.

Further commitments include a payment of $93,334 to the property optionor, Gerry Diakow, by 29 January 2025. These financial arrangements showcase GoldHaven’s dedication to expanding its footprint while maintaining structured, strategic financial planning.

Overview of the Newly Acquired Properties

Magno Property

Located in the Liard Mining District of BC, the Magno Property encompasses 24 mineral tenures. This area has a strong mining heritage, known for its potential to host significant copper and gold deposits.

Three Guardsmen Property

Positioned in the northwest corner of BC, near Haines Junction, the Three Guardsmen property is also steeped in exploration history. This site boasts evidence of multiple valuable mineral deposits, making it an exciting addition to GoldHaven’s growing list of high-potential exploration projects.

A Strategic Move for Growth

GoldHaven’s CEO, Bonn Smith, highlighted the importance of this acquisition, stating, “Our newly acquired assets put us in a well-known and historic district in BC with two district-scale properties. We are eager to commence phase one exploration on the Magno property in an effort to confirm a link to the known and nearby porphyry systems in BC.”

Focused Exploration Strategy

The company plans to focus its exploration strategy on uncovering porphyry sources beneath skarn deposits using advanced geochemical and geophysical exploration methods. By identifying the origins of mineralised fluids connected to these skarns, GoldHaven aims to make substantial discoveries that could elevate its standing in the mining sector.

Why British Columbia?

British Columbia is recognised as a top-tier mining jurisdiction, known for being Canada’s leading copper producer and for hosting significant gold resources. The province’s well-established mining infrastructure and history of successful discoveries make it an ideal location for junior exploration companies like GoldHaven to expand their operations.

Conclusion

GoldHaven Resources’ acquisition of Copper Peak Metals is a calculated step toward strengthening its exploration portfolio in British Columbia. With properties that offer substantial exploration potential in known mineral-rich districts, GoldHaven is poised to make impactful discoveries that could shape the future of its operations and contribute to Canada’s mining industry.

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