GoldHaven Appoints James Walchuck as Chief Operating Officer

Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) (" GoldHaven " or the " Company ") is pleased to announce the appointment of Mr. James Walchuck (P.Eng) as the Company's Chief Operating Officer, effective immediately.

  • Manager Mining for Barrick Gold at the Bulyanhulu Gold Mine in Tanzania from 1999 to 2002, where he played a key role through all phases of developing an orebody from the feasibility stage through to the completion of a 2,500 tonne per day operating mine. The multi-million-ounce, high-grade underground mine was completed in 24 months and achieved over 2 million man-hours without a lost-time accident.

  • Mr. Walchuck has been involved in operations, development, and engineering studies for projects and mines in North America, Slovakia, Northern Ireland, Ghana, and Tanzania.

Daniel Schieber, CEO of GoldHaven, stated, "Jim joins our world-class exploration team that stem from the majors. His extensive experience spans all aspects of the minerals industry, from discovery through to economic assessments and large-scale mine building. His proven technical and financial skills will help advance the Company's key projects."

Mr. Walchuck holds a Bachelor of Science from Dalhousie University in Halifax, Nova Scotia (1977) and a Bachelor of Engineering (Mining) from the Technical University of Nova Scotia (1979). He has over 42 years of experience in the technical and corporate aspects of mineral exploration, project development and mine operations, and is recognized for his creative, and cost-effective approaches to evaluate technical data within a practical economic context. Mr. Walchuck holds his Professional Engineer Designation in British Columbia.

About GoldHaven Resources Corp.

GoldHaven Resources is a Canadian precious metals exploration company focused on acquiring and unlocking highly prospective gold projects in the Central Newfoundland Gold Belt (Canada) & the Maricunga Gold Belt (Chile). All properties have large scale discovery potential and all properties in Chile are drill-ready. GoldHaven currently holds the Pat's Pond and O'Neill projects covering approximately 228 square kilometres of mineral tenements in Newfoundland, Canada. The Company also holds the Rio Loa, Coya, Roma, Alicia, Condor, Jacqueline and Valle projects covering approximately 251 square kilometres; many in close proximity to renowned discoveries or large precious metals mines including Salares Norte (Gold Fields), Esperanza (TDG), La Coipa (Kinross), Cerro Maricunga (Fenix Gold), Lobo Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema), Caspiche (Goldcorp/Barrick), Cerro Casale (Goldcorp/Barrick).

On Behalf of the Board of Directors

Daniel Schieber

For further information, please contact:

Bonn Smith,
Head of Business Development
www.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.

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/98580

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