JUNIORMETRICS

Rockhaven Resources Ltd.

RKHNF·RK·US$0.11 (CAD 0.16)·US$33.3M cap
Goldalso:Klaza Project (Whitehorse mining district, Yukon, Canada) Map

Rockhaven Resources Ltd. is advancing the Klaza gold-silver project, a 25,000-hectare property in the Whitehorse mining district, Yukon. A Preliminary Economic Assessment has been completed and the company is working toward a Pre-Feasibility Study; in 2026 the Yukon government approved extraction and shipment of high-grade direct-shipping oxide ore, and a bulk-sample program (Western BRX Zone, running roughly June-September 2026) is underway to support updated resource models and the PFS, alongside possible further drilling for resource expansion and metallurgical test work. The bulk-sample program itself is being conducted without a feasibility study or demonstrated reserves.

Notable vs. Peers

  • Financials score of 2.6/10 is weaker than the peer average of 5.3/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEACurrent
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road Access2 of 4 checked, 1 in place

Not in place: grid power. Not yet determined: mill, tailings facility.

Not yet researched
Weak track recordStrong track record
2.6/10
Thin runwayWell-capitalized
2.6/10 vs.
How this is calculated
6.4/10
Weaker depositStronger deposit
6.4/10 vs.
How this is calculated
6.2/10
Harder place to buildEasier place to build
6.2/10 vs.
What goes into it
  • Jurisdiction (40%)8/10

    Yukon: Fraser PPI 2025 is 62.19 of 100 (rank 47 of 68), which maps to 8 on this site's scale. The Klaza gold-silver project is in southern Yukon. Yukon has Canadian rule of law, but mining executives rate its policy climate below Canada's leading provinces.

  • Infrastructure (40%)5/10

    Confirmed road access and no confirmed grid power at Klaza Gold-Silver Project, southern Yukon, Canada; existing mill and tailings facility not yet researched, counted at a neutral 5/10 until established.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.1/10
Weaker profileStronger profile
5.1/10 vs.
Price Chart
$0.043$0.108$0.144$0.136$0.11AugDecMarJulOct12
Aug 12, 2025 – Oct 20, 2026
News
$0.11
+80.1%from low-42.1%from high
$0.063$0.20
$33.3M
Far belowFar above
$33.3M vs. $21.9M peer median
Price (USD - Local)
US$0.11 (CAD 0.16)
Cash Position (USD)
$235.9K
Far belowFar above
$235.9K vs. $3.4M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$33.1M
Far belowFar above
$33.1M vs. $19.4M peer median
292.8M
Far aboveFar below
292.8M vs. 153.6M peer median
Jurisdiction
Canada
686,000 oz
Feeds Deposit Quality score
Indicated686,000 oz
Inferrednot scored507,000 oz
Total resource1,193,000 oz
Far belowFar above
686K oz vs. 1.3M oz peer median
Compares M&I only — Inferred isn't compared or scored.
$48.23/oz
M&I
Total resource (incl. Inferred)$27.73/oz
Peer median $68.74/oz
Far aboveFar below
$48.23/oz vs. $132.67/oz peer median
0.14 oz/tCut-off: 1.0 g/t AuEQ (open pit) / 2.3 g/t AuEQ (underground)
Far belowFar above
0.14 oz/t vs. 0.0379 oz/t peer median
PEA-stage, pre-PFS; 2026 bulk-sample program underway, no full-scale active mine
12 yrs2020 study
Far belowFar above
12 yrs vs. 11.1 yrs peer median
$875/oz AuEq2020 study
@5%$272.2M2020 study · gold deck US$1,450 vs spot US$4,114/oz
Far belowFar above
$272.2M vs. $602.5M peer median
0.12x2020 study · gold deck US$1,450 vs spot US$4,114/oz
Far aboveFar below
0.12x vs. 0.32x peer median
0.12x2020 study · gold deck US$1,450 vs spot US$4,114/oz
Far aboveFar below
0.12x vs. 0.29x peer median
$175.7M2020 study
Far aboveFar below
$175.7M vs. $284.8M peer median
1.5xBelow Durrett's 2:1 bar2020 study · gold deck US$1,450 vs spot US$4,114/oz
Far belowFar above
1.5x vs. 2.3x peer median
$1,450/oz65% below spot ($4,114/oz)2020 study
37%Clears Durrett's 25% developer bar2020 study · gold deck US$1,450 vs spot US$4,114/oz
Far belowFar above
37% vs. 43% peer median
10.8%
0%100%
10.8% vs. 12.1% peer median
-$452.9K
Far belowFar above
-$452.9K vs. -$3.3M peer median
-$0.002
Far belowFar above
-$0.002 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
7.2/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer stake on file; largest strategic holder is Strategic Metals Ltd. (27.96%) See holders

    Not an operating producer, so it isn't the toehold-then-takeout pattern the research documents; a missing producer stake isn't held against a company.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    6/10

    Stage: Preliminary Economic Assessment

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    8/10

    Canada: jurisdiction score 8/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-31.1% since 2026-08-19 · -32% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

President, Chief Executive Officer and Director of Rockhaven Resources Ltd. (CEO since 2008, President since 2015) and Interim Chief Executive Officer and a Director of GGL Resources Corp. He has been GGL's interim CEO since June 2025, after an earlier interim period from January to March 2025.

Chief Financial Officer of Rockhaven Resources Ltd. and GGL Resources Corp. (appointed to both in March 2022, replacing Larry Donaldson at GGL), and Director of Finance/CFO of Bonanza Mining Corp. Also serves as CFO of Silver Range Resources Ltd. and Aeonian Resources Corp. Chartered Professional Accountant (CPA, CA, 2013) with a BBA from Simon Fraser University (2010) and over 10 years of experience -- a shared corporate-services CFO serving multiple related junior resource companies concurrently.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
4/10

Condire Investors, a Dallas-based natural-resources hedge fund, owns 19.84% of Rockhaven (58,095,667 shares, per Rockhaven's own July 2026 information circular) -- a sizeable specialist position, though Condire co-founder Bradley Shisler sits on Rockhaven's board, so it is not an arm's-length vote. A second large holder, Strategic Metals, turns out to share officers and directors with Rockhaven and to have built its stake through a related-party transaction, so it is not counted as outside money here even though it is a real resource company. A dedicated gold fund run by the UK's Ruffer LLP is also on the register, and total institutional ownership is high enough to add further corroboration.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Rockhaven Resources owns 100% of the Klaza gold-silver project, a 25,000-hectare property in the Whitehorse mining district of southern Yukon with twelve high-grade gold-silver zones identified so far. The resource, effective 5 June 2018, contains 686,000 oz of gold in the indicated category (4,457 kt at 4.8 g/t gold and 98 g/t silver), with no measured category, plus 507,000 oz inferred. The 2020 preliminary economic assessment, at US$1,450/oz gold, shows an after-tax NPV5% of US$272.2M (CAD 378M) and a 37% IRR, with initial capital of US$175.7M, an all-in sustaining cost of US$875.3/oz gold equivalent and a 12-year mine life; Rockhaven has clarified that the study considered inferred resources. In 2026 the Yukon government approved extraction and direct shipment of high-grade oxide material from the Western BRX Zone, and a bulk-sample program supported by an Ocean Partners offtake and credit facility ran from about June to September 2026, without a feasibility study or demonstrated reserves, as the company works toward a pre-feasibility study.