GoldHaven Resources Corp. is pleased to highlight the growing strategic significance of tungsten and indium identified at its district-scale Magno Project in northern British Columbia amid intensifying Western efforts to secure critical mineral supply chains outside of China.
Highlights:
- Growing Western focus on securing tungsten and critical mineral supply chains outside China
- Magno hosts multiple tungsten-bearing skarn targets with values up to 6,550 ppm tungsten
- Elevated indium values up to 334 ppm identified within zinc-rich mineralization
- District-scale 37,000+ hectare project prospective for CRD, skarn, and porphyry mineralization
- 2026 exploration planning underway including airborne geophysics and drill targeting
CEO Commentary
“Global markets are increasingly recognizing the strategic importance of securing Western sources of tungsten and other critical minerals amid growing supply chain concerns,” stated Rob Birmingham, Chief Executive Officer of GoldHaven. “We believe Magno represents a district-scale critical minerals opportunity combining tungsten-bearing skarn systems, high-grade silver-zinc-lead CRD mineralization, and elevated indium values within one of Canada’s premier mining jurisdictions. As we advance airborne geophysics, and 2026 drill targeting, we believe Magno continues to demonstrate the characteristics of a large-scale multi-phase mineralizing system with significant critical minerals potential.”
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With airborne geophysics underway, the Company is currently advancing permitting and exploration planning for its 2026 exploration campaign, which is expected to include airborne geophysics and drill testing targeting multiple high-priority tungsten-bearing skarn systems, silver-lead-zinc carbonate replacement deposit (“CRD”) zones, and broader porphyry copper-molybdenum targets identified across the Project.
Global tungsten markets have experienced significant price appreciation over the past year as supply concerns continue to escalate. China currently dominates global tungsten and indium production and downstream processing capacity, while recent geopolitical developments and proposed Western procurement restrictions targeting foreign adversary sourced critical minerals have accelerated interest in North American and allied-source critical mineral projects. GoldHaven believes the Magno Project is uniquely positioned within this emerging thematic due to its combination of tungsten-bearing skarn mineralization, high-grade silver-zinc-lead CRD mineralization, and elevated indium values associated with zinc-rich sulphide systems. The Project remains at an exploration stage and additional work is required to determine the extent and economic significance of identified mineralization.
GoldHaven has identified tungsten mineralization across multiple target areas at Magno, including recent 2025 surface sampling that returned values of up to 6,550 ppm tungsten. Historical drilling and sampling at the Kuhn Zone reportedly returned intervals including 13.0 metres grading 0.55% WO3, 4.0 metres grading 1.32% WO3 and 0.26% MoS2, and 2.5 metres grading 0.95% WO3. Elevated indium values of up to 334 ppm have also been identified within sphalerite-bearing mineralization, further strengthening the Project’s strategic critical mineral profile. The Company’s 2026 exploration program has been designed, in part, to confirm these historical results.
The historical drilling results referenced above are historical in nature and have been obtained from publicly available assessment reports from the government of BC geological databases. and have not been independently verified by the Company or the Qualified Person, however, the Company believes the information is relevant as it assists in defining exploration targets and guiding ongoing geological modelling and targeting efforts.
Figure 1: Magno project location in Northern BC with proximity to nearby companies.
Marketing Agreement
The Company also announces that it has entered into a digital marketing services agreement with Machai Capital Inc. (“Machai”) pursuant to which Machai will provide marketing, advertising and public awareness services to the Company, including digital media marketing, branding, social media marketing, investor awareness campaigns, and other related services. The engagement is subject to the approval of the Canadian Securities Exchange.
The services will be conducted in accordance with the applicable policies of the Canadian Securities Exchange (the “CSE”) and applicable securities laws. Machai will only provide public awareness services and will not provide investor relations or market-making services.
Machai has been engaged for a one-month term commencing immediately. In consideration for the services provided, the Company will pay Machai a fee of $200,000 plus GST from the Company’s general working capital. The Company has approved a marketing budget of up to $200,000 pursuant to the engagement.
Qualified Person:
The technical and scientific information contained in this news release has been reviewed and approved by Raymond Wladichuk P.Geo. who is a non-independent Qualified Person as defined under NI 43-101 and a consultant of the Company.
GoldHaven Resources Corp. is a Canadian junior exploration company focused on advancing highly prospective mineral projects in North and South America. The Company’s flagship asset is the district-scale Magno Project in the Cassiar District of northern British Columbia. GoldHaven also owns the Three Guardsmen copper-gold project in British Columbia and the Copeçal Gold Project in Mato Grosso, Brazil. In addition, the Company holds a portfolio of critical mineral projects in Brazil.
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