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GoldHaven Announces Changes to Senior Management Structure

25.01.2022  |  Newsfile

Vancouver, January 25, 2022 - GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) ("GoldHaven" or the "Company") today announces a corporate restructuring of senior management as the Company focuses its efforts on honing in on the 12 highly-prospective targets on Alicia & Roma (Maricunga Gold belt, Chile) while starting Phase 2 exploration in Newfoundland & BC, Canada.

Mr. Daniel Schieber, GoldHaven's current CEO, has notified the Company his intention to step down from his position as CEO and, from the board of directors, effective immediately, and will be taking on the role of Manager, Corporate Development. Mr. Schieber will be replaced by David Smith, GoldHaven's current President and founder of GoldHaven.

Mr. Daniel Schieber comments, "I have led this company for the last 14 months. During my tenure as CEO, the Company became resilient with its diversified portfolio of exploration assets in Canada and Chile. We were able to raise accretive financings to the tune of $8M and now GoldHaven has a strong treasury. GoldHaven is well able to take advantage of a rising Gold and Copper market. I remain active in this Company as Manager, Corporate Development and stay committed to the success of our shareholders."

Mr. David Smith stated, "I sincerely thank Mr. Schieber for his significant contributions to the Company and I look forward to working with him in his new role. The GoldHaven team remains committed to the necessary work of prioritizing our targets in Chile, while simultaneously accelerating plans to explore our Newfoundland and Smoke Mountain (BC) properties. Gold is also starting to look very attractive to the markets; I believe strongly that 2022 is going to be GoldHaven's year."

About GoldHaven Resources Corp.

GoldHaven Resources Corp. is a Canadian junior exploration Company active in the highly gold and silver endowed Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host numerous mines and advanced exploration projects including Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa (Kinross), Cerro Maricunga (Fenix Gold), Lobo Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema), Caspiche (Goldcorp/Barrick), Cerro Casale (Goldcorp/Barrick). The Company has agreements in place to acquire seven high priority exploration targets as identified by geological studies. To date, GoldHaven has identified "High Priority" targets on four of the seven exploration properties and will commence a drilling program during the first quarter of 2021. The four priority targets include Coya, located approximately 16 km northeast of the Kinross La Coipa mine; the second is Rio Loa, a project located 25 km south of Gold Field's Salares Norte deposit (5.2 million ounces of gold1); the third and fourth projects are Alicia and Roma which are approximately 35 km south of the Salares Norte deposit. These exploration targets have been designated High Priority due to extensive, pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. The company has also made recent acquisitions in high profile metal belts in British Columbia and Newfoundland.

On Behalf of the Board of Directors

David Smith

For further information, please contact:

Bonn Smith,
Head of Business Development

www.goldhavenresources.com
bsmith@goldhavenresources.com
Office Direct: (604) 638-3073

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

News Release References

1Jamasmie, C., 2019. Gold Field's Salares Norte project in Chile granted environmental permit. December 18, 2019, 9:29am. Exploration Intelligence Latin America Gold Silver.
https://www.mining.com/gold-fields-salares-norte-project-in-chile-granted-environmental-permit/

Cautionary Statements Regarding Forward Looking Information

This news release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, the intended use of the proceeds received from the Offering, the possible acquisition of the Projects, the Company's expectation that it will be successful in enacting its business plans, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that investor interest will be sufficient to close the Offering, and the receipt of any necessary regulatory or corporate approvals in connection with the Offering and the Assignment, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company's projects in a timely manner, the availability of financing on suitable terms for the exploration and development of the Company's projects and the Company's ability to comply with environmental, health and safety laws.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the inability to close the Offering, the inability of the Company to enter into definitive agreements in respect of the Letters of Intent which are the subject of the Assignment, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including by the Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest interim Management's Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111496


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