CSE: GOHOTCQB: GHVNFFSE: 4QS
With a market cap near $18M and a $46B neighbour spending more than 10x that on drilling alone, the disconnect is hard to ignore. The opportunity is in the ground.
The Tell
This ground was drilled by Shell Canada and Cominco, now Teck Resources ($46B). Their drilling didn't just target tungsten—it intersected it.
China was viewed as a stable trading partner, few recognized the strategic value of this B.C. deposit, now it’s a matter of National Security
Foreign powers control more than 80% of supply. That same tungsten is suddenly strategic — and GoldHaven holds the ground.[5]
North America is waking up to the strategic importance of tungsten, pouring billions into onshoring and reshoring supply. This isn't just about a single deposit — it's about securing a critical mineral within our own borders and positioning North America as a secure, reliable source.[5]
Historical Drilling — Kuhn North (drilled by Shell Canada) [2][10]
| Interval | Grade |
|---|---|
| 4.0 m | 1.32% WO₃ + 0.26% MoS₂ |
| 4.4 m | 0.75% WO₃ + 0.17% Cu |
| 11.3 m | 0.59% WO₃ + 0.10% MoS₂ |
| 6.0 m | 0.58% WO₃ + 0.12% MoS₂ |
| 13.0 m | 0.55% WO₃ |
Historical results, unverified by a QP on behalf of GoldHaven — presented to guide drill targeting, not as a current estimate. [2]
The Package
While the majors drill the neighbourhood, GoldHaven quietly consolidated it — a single, district-scale package in BC's Cassiar District. Tungsten skarn, high-grade silver-lead-zinc, and porphyry copper-moly, all on one address.[3]
Six named targets across one consolidated land position — tungsten skarn through silver-lead-zinc replacement to porphyry-style copper-molybdenum. A property-scale metal zonation pattern, not a single showing.[3]
Boxed in — and GoldHaven owns the ground in the middle.
The neighbours' 2026 drill budgets run to multiples of GoldHaven's entire market cap — on drilling alone. The ground attracted major-company exploration. GoldHaven now holds the district-scale package.
The Proof
Historical Tungsten Estimate — Kuhn & Dead Goat
| Zone | Historical Tonnage | Historical Grade |
|---|---|---|
| Kuhn North Lower 3A | 409,300 t | 0.48% WO₃ |
| Kuhn North Upper 3A | 78,700 t | 0.50% WO₃ |
| Dead Goat | 100,900 t | 0.49% WO₃ |
| Dead Goat Deeper Lens | 27,600 t | 0.39% WO₃ |
| Total | ~616,500 t | 0.48% WO₃ |
A Qualified Person has not done sufficient work to classify this as a current mineral resource or reserve, and GoldHaven is not treating it as one. Presented to guide drill targeting. [2]
GoldHaven's Verified 2025 Surface Results [3]
| Commodity | Highlight |
|---|---|
| Tungsten | Up to 6,550 ppm W (Vines Lake); 32 samples >1,000 ppm W |
| Silver | Up to 2,370 g/t Ag; 45 of 357 samples >100 g/t Ag |
| Lead | >20% Pb |
| Zinc | 19.25% Zn |
| Indium | Up to 334 ppm In |
Grab samples are selective by nature and may not represent average grades across the property. [3]
The Metal
Tungsten goes into weapons, jet engines, and the tools that machine every metal part on Earth—and nothing else does its job. China mines ~80% of global supply, while the West has almost no new production coming online. Now the U.S. administration has spoken—billions are on the line, and tungsten is in the crosshairs.[5][6]
It's the hardest engineering metal in use and melts at 3,422°C — higher than any other. In its core uses, there's no commercial substitute.[5]
In 2025, Beijing put tungsten under export licensing. The U.S., EU, Japan, and Canada all classify it as a critical mineral — and procurement rules are steering defense supply chains off foreign-adversary sources.[6][7][8]
2026
GoldHaven's maiden drill program is now underway at the historic Kuhn tungsten zone.[2][3] Yet the company is valued at less than some neighboring explorers will spend on a single summer drill campaign. The disconnect is staggering. While the market has yet to catch up, the U.S. government is pouring billions into securing domestic critical mineral supply chains. The dots are there—the market just hasn't connected them yet.
Tungsten explorers by market cap[9]
Approximate market capitalizations in CAD as of September 2, 2026. Bars are log-scaled. Peers shown for context only.