NORTHAVEN RESOURCES CORP. (TSX VENTURE:NTV) is pleased to announce that it has
entered into an option to purchase 1,056 hectares of prospective mineral claims
known as the "Luxor Property", located approximately 15 kilometers south of
Stewart, BC in the highly productive "Stewart Gold Camp". Mineralization in the
area is characterized by apparently continuous island arc structures, including
the Hazelton Group contained in a mineralized belt that extends for more than
200 kilometers in a north-westerly arc sub-parallel the west coast of BC, along
the Gulf of Alaska. The entire belt has been subject to intensive structural
deformation. 


The Hazelton Group, which is composed largely of meta-volcanics and
meta-sediments that have been intruded by granodiorites, has hosted a number of
important historic mines. These include the former Eskay Creek Mine, which
produced more than 100,000 kg of gold and 5,000,000 kg of silver (making it the
5th highest silver producer, in the world), the Silbak-Premier mine, which
produced over 62,000kg of gold and 1.399 million kg of silver, and the Granduc
mine which produced more than 190 million kg of copper. 


The area is also host to a number of significant developing mineral deposits
including Seabridge's KSM property, which Seabridge describes as "one of the
largest undeveloped gold projects in the world" (with reported measured and
indicated resources of 1.21 million kg of gold and 4.5 billion kg of copper),
Pretium's Snowfields property (reported measured and inferred resources of
615,800 kg of gold and 1,580 thousand kg of silver), and Pretium's Brucejack
property, with reported measured and indicated resources of 124 thousand kg of
gold and 2.03 million kg of silver. All of these properties are located within
80 kilometers of the Luxor Property, within the same island arc environment. 


The Luxor Property displays mineralization characteristic of the area, including
several north-west trending shear zones in a volcanic massive sulphide (VMS)
environment. Samples taken by the Vendor from the sulphide rich 'Jo' zone
assayed background up to 188 g/t gold, 52.8 g/t silver and 22.6% copper. Vendor
samples on the east side of the property, also in veins and shears, contained
grades from background of up to 127.5 g/t gold and 1,174 g/t silver. The
property is highly prospective for the discovery of VMS or Reduced
Intrusion-Related (RIR) polymetallic mineralization which is capable of hosting
large bulk tonnage gold/silver/copper deposits.


Under terms of the Option, Northaven is entitled to acquire a 100% interest in
the property by making cash payments of up to $50,000 and issuing up to 300,000
shares over a three year period and completing work commitments totaling
$350,000 over four years. The property is also subject to a 3% NSR royalty which
may be repurchased for $500,000 for each 1%. The Option agreement is subject to
acceptance for filing by the TSX Venture Exchange, which remains outstanding.


Northaven is also pleased to announce it has staked 86 claims covering an area
of approximately 36,636 hectares commencing about 3.0 km immediately south of
the Luxor Property. This new area, together with the Luxor property, expands
Northaven's holdings to a total of approximately 37,692 hectares and represents
one of the largest remaining unexplored areas in the prolific Stewart region. 


The Luxor Property and the additional claim area have only been lightly explored
in the past and have not been subject to modern geophysical and geochemical
evaluation. Northaven plans a helicopter-borne geophysical survey to assist in a
preliminary understanding of the structure and areas of interest early this
summer. Full details will be announced as they become available.


On behalf of the Board of Directors of NORTHAVEN RESOURCES CORP.

ALLEN D. LESCHERT, CEO

This news release has been reviewed by Andrew Gourlay, P. Geol., a Qualified
Person under National Instrument 43-101. All technical data herein is based on
information contained in geological reports or summaries prepared by or on
behalf of the Vendor which has not been independently verified by Mr. Gourlay or
Northaven, and which remains subject to confirmation by subsequent exploration.
This news release may contain assumptions, estimates, and other forward-looking
statements regarding future events. Such forward-looking statements involve
inherent risks and uncertainties and are subject to factors, many of which are
beyond Northaven's control, that may cause actual results or performance to
differ materially from those currently anticipated in such statements.


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