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GoldHaven Resources Corp. has launched a 1,200-meter diamond drilling program at the Copeçal Gold Project in Mato Grosso, Brazil, as of October 3, 2025. This marks an important step in exploring the Juruena Gold Province, targeting high-potential areas with gold-in-soil signatures extending up to 30 meters. The project covers 3,681 hectares and benefits from proximity to transportation hubs.
Gold prices have surged to over $3,880 per ounce in 2025, increasing interest in junior mining companies. Notably, both Goldman Sachs and Bank of America project prices may reach $4,000 per ounce by 2026. The VanEck Junior Gold Miners ETF has risen 98.84% year-to-date through September, indicating a robust environment for exploration and investment in this sector.
Historical data from significant operators like AngloGold Ashanti supports the exploration efforts at Copeçal, which is considered a promising greenfields opportunity. The drilling program aims to confirm the potential mineralized systems identified in prior geochemical and geophysical studies.
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