VANCOUVER, BC / ACCESSWIRE / October 14, 2021 / Following a review by the British Columbia Securities Commission, Rockhaven Resources Ltd. (TSXV: RK) (“Rockhaven” or the “Company”) issues the following press release to clarify its disclosure.
The company’s website, presentation, and fact sheet contained references to the 2020 Preliminary Economic Assessment (PEA) results, but did not reveal that part of the resources used in the PEA were considered as inferred mineral resources. Pursuant to section 2.3 (3) (a) of NI 43-101, all references to the results of the 2020 PEA contain a disclosure that cautions readers that the PEA is preliminary in nature, that it includes resources. alleged minerals that are considered too speculative geologically to have the economic considerations applied to them that would allow them to be classified as mineral reserves, and there is no certainty that the preliminary economic assessment will be carried out.
In addition, the Company used promotional language in relation to the sensitivity analysis related to the EEP 2020 and the next steps of the project. These declarations have been amended and are now compliant.
The technical information contained in this press release has been approved by Matthew R. Dumala, P.Eng., Geological Engineer at Archer, Cathro & Associates (1981) Limited and Qualified Person for the purposes of National Instrument 43-101.
Rockhaven Resources Ltd. is a well-funded explorer focused on the exploration and development of his 100% camp-scale owned Klaza property, which is home to the Klaza deposit and many under-explored exploration targets. Rockhaven has completed a Mineral Resource Estimate and Preliminary Economic Assessment on the Klaza Deposit (see the Klaza Property Technical Report with an effective date of July 10, 2020 and titled “Technical Report and Update preliminary economic assessment for the Klaza property, Yukon, Canada “which can be viewed at www.sedar.com under the Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com).
President, CEO and Director
Rockhaven Resources Ltd.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICES PROVIDER (AS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.
The information contained in this press release contains forward-looking statements. These statements reflect the current estimates, beliefs, intentions and expectations of management; they are not guarantees of future performance. Rockhaven cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of important factors, many of which are beyond the control of Rockhaven. These factors include, among others: the risks and uncertainties associated with exploration and development and their results, the ability of Rockhaven to obtain additional financing, the need to comply with environmental and government regulations, fluctuations in the prices of raw materials, operational risks and risks, competition and other risks and uncertainties, including those described in Rockhaven’s financial statements available under the Rockhaven profile at www.sedar.com. Therefore, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Unless required by applicable securities legislation, Rockhaven assumes no obligation to publicly update or revise forward-looking information.