Issued on behalf of GoldHaven Resources Corp.
VANCOUVER – Baystreet.ca News Commentary – Gold smashed through $4,000 per ounce for the first time this week[1], rocketing 50% higher in 2025 as central banks worldwide accelerated gold buying at the fastest pace in modern history[2] and the Federal Reserve triggered expectations for continued rate cuts through December[3]. Global monetary authorities added 15 tonnes in August alone[4] while the government shutdown and trade tensions sparked safe-haven demand unseen in decades[5]. This convergence of monetary easing, currency diversification, and economic uncertainty positions gold miners to capture extraordinary margins as production costs remain stable while metal prices soar, benefiting GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), i-80 GOLD CORP. (NYSE-American: IAUX) (TSX: IAU), 1911 Gold Corporation (TSXV: AUMB) (OTCQB: AUMBF), Galway Metals Inc. (TSXV: GWM) (OTCQB: GAYMF), and NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF).
Top analysts now project $4,300 per ounce within six months[3] as 900 tonnes of central bank buying in 2025 creates structural floor under prices[6] while negative real rates from October and December Fed cuts make non-yielding gold irresistible[7]. With institutional money providing price support and retail investors just waking up to the opportunity, well-positioned miners with quality assets stand to deliver outsized returns before the next wave of capital floods the sector.
GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) is a Canadian junior exploration company that recently commenced its first-ever diamond drilling program at the Copeçal Gold Project in Brazil's Juruena Gold Province, a historically productive region that has yielded substantial gold discoveries since the late 1970s. The company is testing high-priority gold targets on a property that was previously explored by AngloGold Ashanti, one of the world's largest gold mining companies.
The 3,681-hectare Copeçal project sits in Mato Grosso, Brazil, approximately 60 kilometers from Alta Floresta. AngloGold Ashanti invested approximately $1 million in systematic exploration work here between 2010 and 2016, identifying a 6-kilometer-long gold-in-soil anomaly before shifting focus to other global projects. GoldHaven is now testing whether this surface gold signature extends to depth and could indicate an economic gold deposit.
The first drill hole has already intersected approximately 30 meters of saprolite (deeply weathered rock) before entering strongly sheared and hydrothermally altered basement gneiss. The rock shows pervasive chlorite, sericite, and quartz alteration. These are classic indicators of hydrothermal fluid activity associated with gold deposits in similar geological settings.
"The start of our maiden drill program marks a transformational milestone for GoldHaven Resources," said Rob Birmingham, President and CEO. "This moment is the result of systematic exploration, including a 107-hole auger program and ongoing VLF surveys that refined our targets and mapped structural controls. Early geological observations from COP-25-001 show strong deformation and alteration where saprolite meets basement rock, exactly what we hoped to see. While we await assay results, these features validate our targeting model and align with mineralized systems across the Juruena Gold Province."
The 1,200-meter drilling program uses Ecodrill with NQ-size diamond core (47.6mm diameter) to drill 5-6 angled holes up to 150 meters deep. The program is testing two zones called East and West, both showing persistent gold-in-soil signatures extending across 3-kilometer strike lengths. Core samples are being processed at ALS Global laboratories, with sample preparation in Cuiabá and assays in Belo Horizonte. Assay results are expected in 4-6 weeks.
"Copeçal has all the hallmarks of a compelling greenfields opportunity," said Jon Hill, former Exploration Manager for AngloGold Ashanti during the project's initial discovery phase, and current Country Manager in Brazil for GoldHaven, in a previous announcement. "As part of the original team that identified the area, I've always believed this project warranted drill testing. It sits in an underexplored but highly fertile mineral belt, and thanks to AngloGold's foundational work, we have robust geochemical and geophysical datasets to guide us."
GoldHaven's exploration work leading up to this drilling program included 107 auger drill penetrations and VLF-EM geophysical surveys that helped pinpoint the best drilling locations. The Copeçal asset benefits from year-round road access via highway MT-325 and sits just 60 kilometers from Alta Floresta, a regional hub serviced by daily commercial air connections. The project is positioned among a growing cluster of significant developments including G Mining's multi-million-ounce Tocantinzinho deposit.
Parallel to Copeçal drilling, GoldHaven has advanced comprehensive summer field programs across its wholly-owned Magno and Three Guardsmen assets in northern British Columbia. The Magno Project footprint has been strategically extended by 5,159 hectares through targeted claim staking.
GoldHaven's project portfolio includes claim packages totaling 123,900 hectares distributed across three Brazilian projects, supported by a comprehensive 43-101 Technical Report for Copeçal.
CONTINUED… Read this and more news for GoldHaven Resources at:
https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-historic-gold-district-exploration/
In other industry developments and happenings in the market include:
i-80 GOLD CORP. (NYSE-American: IAUX) (TSX: IAU) has reported initial assay results from its ongoing Granite Creek Underground program in Nevada, with the deepest hole to date returning 33.6 g/t gold over 2.9 meters and 29.7 g/t gold over 3.6 meters from the South Pacific Zone. The company has completed 20 of 40 planned holes totaling approximately 14,000 meters, with results continuing to show robust high-grade mineralization suggesting potential for expansion to the north and at depth.
"At Granite Creek Underground, the first six holes from our infill drill program continue to show robust high-grade mineralization throughout the South Pacific Zone and suggest that the deposit has the potential to expand to the north and at depth," said Tyler Hill, Vice President, Geology of i-80 GOLD CORP. "Similarly at Cove, the 2025 infill drill program successfully supported our geological model, confirmed the high-grade nature of the underground deposit, and demonstrated the potential for continued resource expansion at Cove."
The drilling program aims to convert mineral resources from inferred to indicated categories and will form the basis for feasibility studies planned for completion in the first quarter of 2026 for both Granite Creek Underground and Cove. The company's Nevada underground portfolio includes comparable disseminated Carlin-style mineralization at Archimedes Underground and Mineral Point open pit, reinforcing the potential for similar resource conversion success across multiple assets.
1911 Gold Corporation (TSXV: AUMB) (OTCQB: AUMBF) has intersected 12.69 g/t gold over 2.40 meters at its San Antonio Southeast target while discovering a new high-grade Shore zone at the True North Gold Project in Manitoba, Canada. The company has completed 70 surface drill holes totaling 18,501.4 meters, with drilling at SAM Southeast confirming gold mineralization extensions within the San Antonio gabbro over 500 meters southeast of the historically mined San Antonio zone, covering an area 400 meters long and over 740 meters to depth.
"Our surface drill program at San Antonio Southeast and San Antonio West continues to demonstrate the size potential of these targets to add to the mineral resource base and potentially expand our future mining operations," said Shaun Heinrichs, President and CEO of 1911 Gold Corporation. "We also see exciting potential at the new Shore target, our third new discovery, located south of San Antonio Southeast, which we plan to test further in the ongoing exploration drill program."
Underground drilling commenced October 1, 2025, with one drill rig on Level 16 (695 meters below surface) within the True North gold mine, and a second underground drill rig is planned for mobilization in the second half of October. The company is also permitting a 2,500 meter drill program at Ogama-Rockland, which contains a near-surface, high-grade 43-101 mineral resource located 35 kilometres by road southeast of the True North gold mine complex, with permits anticipated in the coming weeks allowing drilling to commence prior to the end of 2025.
Galway Metals Inc. (TSXV: GWM) (OTCQB: GAYMF) has intersected the thickest gold interval to date at its Clarence Stream gold project in New Brunswick, with drill hole CL-232 returning 1.1 g/t gold over 88.0 meters including 10.0 g/t gold over 1.0 meter and 7.5 g/t gold over 2.0 meters at the Southwest Deposit. Additional assays are pending from 281 meters to 400 meters in this hole, which includes visible gold at 331.4 meters, while all reported intercepts are within 100 vertical meters from surface.
"Intersecting the thickest gold interval to date at Clarence Stream highlights the scale and continuity we are starting to unlock across the project," said Rob Hinchcliffe, President and CEO of Galway Metals Inc. "Beyond these results, our drilling strategy is aimed at both expanding the overall resource footprint and upgrading categories within the open-pit shells. With continued drilling success, and multiple holes containing visible gold now awaiting assays, we believe Clarence Stream is on track to demonstrate the kind of scale and quality that can attract significant attention in the gold sector."
The project hosts district-scale potential along a 65-kilometre strike length of highly prospective gold showings and anomalies, with a 2022 mineral resource estimate of 12.4 Mt @ 2.3 g/t Au Indicated for 922,000 oz and 16.0 Mt @ 2.6 g/t Au Inferred for 1.334 M oz gold. The company has already intersected visible gold in five additional drill holes within the Southwest and North Deposits, positioning Galway Metals for steady, meaningful news flow in the weeks and months ahead.
NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) has announced significant oxide gold-antimony results at its Limousine Butte Project in Nevada, including 11.41 g/t AuEq over 6.1 meters (10.60 g/t Au and 0.18% Sb) within 2.19 g/t AuEq over 56.4 meters (1.74 g/t Au and 0.10% Sb) at Resurrection Ridge. The company has completed 8 drillholes in the current 2025 drill campaign with assays pending, while historical data review has identified multiple areas with strong gold-antimony potential correlating closely with outcrops of the Devonian Pilot Shale, the primary host rock for Carlin-type gold mineralization in the area.
"We continue to add to the large oxide gold-antimony mineralization footprint at Limo Butte in Nevada with the objective of rapidly advancing the Project to an initial gold-antimony Mineral Resource Estimate (MRE)," said Brandon Bonifacio, CEO of NevGold Corp. "There is a clear commitment from the United States to advance high-quality, domestic, mineral projects and Limo Butte is optimally positioned with its significant near-surface, oxide gold-antimony mineralization and large geological database. All of these various work programs will help us rapidly and systematically advance the gold-antimony potential at Limo Butte as we de-risk and progress the asset to the next stages of project development."
The project benefits from timing with the March 20, 2025 US Executive Order to strengthen American mineral production and reduce U.S. reliance on foreign nations for mineral supply, with antimony identified as a Critical Mineral essential for national security. Phase II metallurgical testwork on gold and antimony continues to advance with results expected over the coming weeks, while the company anticipates strong potential to advance to an initial gold-antimony Mineral Resource Estimate in 2025 based on drilling completed since 2021 and historical drilling by previous operators.
Article Source: https://usanewsgroup.com/goh-profile/ and https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-historic-gold-district-exploration/
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SOURCES CITED:
1. https://www.cnbc.com/2025/10/07/gold-4000-record.html
2. https://www.equiti.com/sc-en/news/global-macro-analysis/the-global-gold-rush-why-are-central-banks-turning-to-gold/
3. https://edition.cnn.com/2025/10/07/investing/gold-4-000-an-ounce
4. https://www.gold.org/goldhub/gold-focus/2025/10/central-bank-gold-statistics-central-bank-gold-buying-rebounds-august
5. https://www.washingtonpost.com/business/2025/10/07/gold-prices-4000/
6. https://www.jpmorgan.com/insights/global-research/commodities/gold-prices
7. https://markets.financialcontent.com/wral/article/marketminute-2025-10-6-gold-soars-to-record-highs-as-fed-rate-cut-expectations-fuel-investor-frenzy
