GoldHaven (CSE:GOH) will evaluate a newly identified tungsten skarn and molybdenum occurrence at its Magno Project in British Columbia, Canada, to prioritise future exploration.
The company reports sample J647906 returned 8,850 parts per million (ppm) tungsten (W), equivalent to about 1.12% tungsten trioxide, alongside 1,755ppm copper.
The sample comes from a newly identified skarn south of Lamb Mountain, near the contact with the Cassiar Batholith, an area not previously targeted for skarn exploration.
GoldHaven says the setting resembles its Dead Goat tungsten skarn, where carbonate-hosted mineralisation sits near intrusive contacts. A granite sample near historic Lamb Mountain skarn trenches returned 710ppm W.
Sample J647976 returned 2,800ppm molybdenum (Mo) from the Cassiar Batholith near the historic Cassiar Moly deposit. Two other samples from a previously unexplored part of the batholith returned 321ppm Mo and 284ppm Mo.
The results come from a 2026 helicopter-supported geochemical program that collected 108 rock samples across underexplored western parts of the project. ALS Laboratories analysed the samples.
The company notes the samples are selective and do not represent average grades, widths, or continuity of mineralisation.
CEO Rob Birmingham says the results show the project’s potential extends beyond existing drill targets.
“The identification of a new ‘high-grade’ tungsten occurrence returning 8,850ppm tungsten highlights the broader potential of Magno,” Birmingham states.
GoldHaven will assess the new occurrences alongside existing geological, geochemical, and geophysical data. The company also continues to advance its established tungsten and silver-lead-zinc targets at Magno.
Magno is GoldHaven’s flagship asset in the Cassiar District. The company also holds the Three Guardsmen Copper-Gold Project in British Columbia, the Copeçal Gold Project in Mato Grosso, Brazil, and a portfolio of critical mineral projects in Brazil.
GoldHaven shares closed at C$0.145 on November 11, giving a market capitalisation of about C$14.31 million.
Write to JC Villarba at Mining.com.au
Images: GoldHaven
