Westhaven Drills 25.00 Metres of 1.95 G/T Au and 5.61 G/T Silver, Including 6.61 Metres of 4.64 G/T GOLD and 9.36 G/T Silver at the Shovelnose GOLD Property __________________________________________________________________________________________
WESTHAVEN DRILLS 25.00 METRES OF 1.95 G/T AU AND 5.61 G/T SILVER, INCLUDING 6.61
METRES OF 4.64 G/T GOLD AND 9.36 G/T SILVER AT THE SHOVELNOSE GOLD PROPERTY
__________________________________________________________________________________________
Vancouver, B.C. – November 8th, 2022 – Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce
drill results from its ongoing , fully -financed drill campaign at its 100% owned 17,623- hectare
Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt
(SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.
Westhaven is reporting assays for 21 holes from its ongoing drill campaign at Shovelnose . An
additional 31 holes (17 holes from Shovelnose, 14 from Skoonka) are in the lab pending assays.
Gareth Thomas, President & CEO, comments: “ The recent d rilling results at Shovelnose continue to
build assurance in the continuity of gold mineralization as we move northwest at the FMN Zone
towards the Franz Zone. The overall gold -silver endowment is growing steadily . With multiple drill
holes in the lab from both Shovelnose and Skoonka, we are looking forward to many more near term
catalysts.”
Recent Drilling Highlights:
• SNR22-295(FMN : 218.00-243.00m)
25.00 metres (m) of 1.95 g/t gold (Au) and 5.61 g/t silver (Ag),
including 6.61m of 4.64 g/t Au and 9.36 g/t Ag,
including 0.71m of 10.05 g/t Au and 11.60 g/t Ag,
and 2.06m of 7.22 g/t Au and 16.80 g/t Ag.
• SNR22-285(FMN : 73.02-99.06m)
26.04 metres (m) of 1.22 g/t gold (Au) and 5.66 g/t silver (Ag),
including 12.86m of 2.20 g/t Au and 9.69 g/t Ag,
including 5.24m of 4.21 g/t Au and 12.77 g/t Ag.
• SNR22-283 (FMN : 40.00-64.91m)
24.91m of 0.73 g/t gold (Au), and 3.64 g/t silver (Ag),
including 6.50m of 2.30 g/t Au, and 11.19 g/t Ag,
including 2.00m of 4.38 g/t Au, and 16.59 g/t Ag.
TSX-V:WHN
For a full table of recent results please click here (new assays are highlighted):
https://www.westhavengold.com/_resources/shovelnose/Drilling_Assay_Summary_2022.pdf
Peter Fischl, Exploration Manager, comments: “Drilling over the last two months at Shovelnose has
continued to be focused on the FMN target area. Two dominant styles of mineralization continue to
be encountered here at FMN, quartz vein hosted within Vein Zone 1 and post -mineral heterolithic
breccia hosted, which contains fragments of quartz derived from Vein Zone 1. Holes SN22 -283 (0.73
g/t Au over 24.9m) and SN22-285 (1.22 g/t Au over 26.0m) are recent examples of the former and hole
SN22-295 (1.95 g/t Au over 25.0m) is a recent example of the latter. Step -out drilling to the northwest
on 50m spaced sections at FMN continues to intercept near surface vein and breccia targets as we close
the gap in Vein Zone 1 between FMN and the Franz showing, now within 150m.”
Peripheral Exploration Targets
Holes SN22 -296, 300 and 302 belong to the component of Westhaven’s 2022 work pro gram testing
peripheral targets off the main northwest trending 4km-long ‘main mineralized’ structure (host to the
South, Tower, FMN and Franz Zones). These three exploration holes were situated southwest of the
main structure and evaluated the potential for veining with dips opposite to those at the South Zone –
the classic ‘flower’ structure associated with epithermal deposits. Previous drilling in this area either
was not at an optimal orientation or had overshot the current target. Holes SN22 -296 and 300
successfully intersected mineralization (0.64 g/t Au over 3.36m in SN22-296 and 0.33 g/t Au over 3.0m
in SN22-300). Today’s results are significant because, in conjunction with those previously reported for
drilling at HydBx-02 (see Press Release Septemb er 08, 2022) and elsewhere on the property (e.g. gold
bearing quartz veins outcropping at the Mik/Line 6 showings, and other unsourced soil/rock
geochemical anomalies), they continue to demonstrate the potential for discovery of new gold bearing
structures at Shovelnose.
Franz
Detailed mapping at 1:100 scale has commenced at Franz to follow-up the recently completed stripping
and washing of the showing. This work will help guide follow -up detailed surface sampling to
compliment the previously completed drilling here that may eventually lead to a near surface resource
estimate for Vein Zone 1 at Franz.
On behalf of the Board of Directors
WESTHAVEN GOLD CORP.
"Gareth Thomas
Gareth Thomas, President, CEO & Director
Qualified Person Statement
Peter Fischl, P.Geo., who is a Qualified Person within the context of National Instrument 43 -101 has
read and takes responsibility for this release.
QA/QC
Core samples were prepared using the PREP-31 package in ALS’s Kamloops facility. Each core sample
is crushed to better than 70 % passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 250 g is
taken and pulverized to better than 85 % passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen.
0.75g of this pulverized split is digested by Four Acid and analyzed via ICP -MS (method code ME -
MS61m (+Hg)), which reports a 49-element suite of elements. All samples are analyzed by Fire Assay
with an AES finish, method code Au -ICP21 (30g sample size). Additional Au screening is perform ed
using ALS’s Au-SCR24 method, select samples are dry screened to 100 microns. A duplicate 50g fire
assay is conducted on the undersized fraction as well as an assay on the entire oversize fraction. Total
Au content, individual assays and weight fractions are reported. All analytical and assay procedures
are conducted in ALS’s North Vancouver facility. A QA/QC program included laboratory and field
standards inserted every 25 samples. At least one field blank is inserted in every batch of 25 samples,
with a dditional blanks inserted following samples with visible gold. Westhaven’s ongoing Quality
Assurance and Quality Control programs include auditing of all exploration data. Any significant
changes will be reported when available.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Westhaven Gold Corp.
Westhaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project
in Canada’s newest gold district, the Spences Bridge Gold Belt. Westhaven controls 37,000 hectares (370 square
kilometres) with four 100% owned gold properties spread along this underexplored belt. The Shovelnose property
is situated off a major highway, near power, rail, large producing mines, and within commuting distance from
the city of Merritt, which translates into low-cost exploration. Westhaven trades on the TSX Venture Exchange
under the ticker symbol WHN. For further information, please call 604 -681-5558 or visit Westhaven’s website
at www.westhavengold.com.
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