Westhaven Drills 76.98 Metres of 1.51 G/T GOLD and 8.47 G/T Silver, Including 15.56 Metres of 4.52 G/T GOLD and 25.99 G/T Silver; 2.02 Metres of 39.67 G/T GOLD and 30.38 G/T Silver at the Shovelnose GOLD Property _______________________________________________________________________________________
WESTHAVEN DRILLS 76.98 METRES OF 1.51 G/T GOLD AND 8.47 G/T SILVER, INCLUDING
15.56 METRES OF 4.52 G/T GOLD AND 25.99 G/T SILVER; 2.02 METRES OF 39.67 G/T GOLD
AND 30.38 G/T SILVER AT THE SHOVELNOSE GOLD PROPERTY
__________________________________________________________________________________________
Vancouver, B.C. – June 27th, 2022 – Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce drill
results from its ongoing 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.
Highlights include:
SN22-238 intersected 1.51 g/t gold (Au) and 8.47 g/t silver (Ag) over 76.98 metres (m) at the
FMN Zone, starting at 24m below surface. Gold-silver mineralization at FMN has now been
intersected over a strike length of approximately 500m, and to a vertical extent of up to 220m. A
combination of near surface, broad intervals of gold-silver mineralization well above the cut-off
grade in the South Zone initial maiden resource, as well as high grade intervals ( SN22-212:
857.64 gram-metres gold), are all evident.
SN22-236 intersected 1.08 g/t Au and 4.44 g/t Ag over 40.00m at the Alpine Zone extending Vein
2 mineralization, including 1.17m of 15.40 g/t Au and 73.50 g/t Ag. Recent drilling at Alpine
has now been completed on four 50 m-spaced sections covering a strike length of 150m along
Vein Zone 2. This tighter drilling, which now covers a total strike length of 1 kilometre over Vein
Zone 2, continues to intersect gold -silver mineralization. The gold-silver mineralization here is
near surface.
SN22-240 intersected 3.47 g/t Au and 5.04 g/t Ag over 24.89m at the FMN Zone, including 39.67
g/t Au and 30.38 g/t Ag over 2.02m.
FMN Zone is over 2 kilometres northwest of the South Zone resource area . Given the strong
nature of this system, and the low drill density in this area, management believes there will be
more high -grade shoots and broad intervals of potentially bulk tonnage gold mineralization
discovered along this ~4-kilometre trend.
Vein Zones 1 and 2 will be targeted for further drilling over the 1km length between FMN and
Alpine, where drilling is limited to shallow historic holes and more recent, broadly spaced step
outs.
TSX-V:WHN
Westhaven has drilled approximately 21,000m over 70 holes at Shovelnose in 2022. The
Company is on pace to drill ~40,000 metres by year end and will look to have an updated
resource estimate, including the FMN and Alpine Zones, by Q1, 2023.
Gareth Thomas, President & CEO, comments: “Systematic drilling of Vein Zone 1 at the FMN Zone has
again successfully intersected gold-silver mineralization. These results confirm continuity of both high-
grade and bulk tonnage style gold over a wide area, w hich remains open in all directions. Similarly,
the Alpine Zone has been expanded with the intercept of 1.08 g/t Au and 4.44 g/t Ag over 40.00m,
extending Vein 2 mineralization by 150 metres. Management is confident that these areas can
contribute signific antly towards growing the property’s 1.1 milli on ounce gold equivalent mineral
resource estimate.”
Peter Fischl, Exploration Manager adds: “Drilling at Shovelnose continues at the FMN and Alpine
target areas this year. Tighter spaced drilling over Vein Zone 2 at the Alpine target area has intersected
significant widths of gold-silver mineralization above the cutoff grade of the open pit maiden resource
released earlier this year for the adjacent South Zone target area immediately southeast of Alpine. The
shallow and very gently dipping nature of Vein Zone 2 here adds to the open pit potential of the Alpine
target area. The mineralization uncovered in the tighter drilling here may have a positive impact to
any update to the maiden open pit resource. Infill and step out drilling at FMN continue to yield
significant gold intersections in Vein Zone 1 and in post mineral heterolithic breccias that cut Vein Zone
1. The most recent results confirm that the post mineral breccias at FMN can host mineralization over
significant widths at shallower levels (e.g.: 0.46 g/t Au over 29.08m in SN22- 240, 1.16 g/t Au ov er
42.17m in SN22- 211). The breccias are now considered a secondary target that can add to the bulk
tonnage potential at FMN”
Recent drill results are summarized here:
Hole_ID Zone From (m) To (m) Int (m) Au (g/t) Ag (g/t) High Au
(ppb)
SN22-231 FMN 23.00 26.00 3.00 0.27 4.06 269
SN22-232 Alpine 69.00 70.00 1.00 0.31 2.10 305
and
85.00 86.20 1.20 0.32 1.51 323
SN22-233 FMN 162.00 174.49 12.49 0.32 1.45 888
including 170.00 172.00 2.00 0.89 1.56 888
SN22-234 Alpine 27.00 28.00 1.00 9.13 10.85 9130
and
90.00 93.00 3.00 0.40 2.48 413
SN22-235 FMN 162.00 170.21 8.21 0.75 3.20 3060
including
168.00 169.00 1.00 3.06 3.93 3060
and 233.88 235.05 1.17 0.93 3.08 926
SN22-236 Alpine 53.00 93.00 40.00 1.08 4.44 15400
including
59.82 61.00 1.18 4.50 3.61 4500
including
74.77 92.00 17.23 1.96 8.95 15400
including
78.83 80.00 1.17 15.40 73.50 15400
and 109.98 110.60 0.62 1.23 19.10 1230
SN22-237 Alpine 63.00 111.00 48.00 0.41 1.73 3170
including 96.89 100.23 3.34 1.92 8.51 3170
SN22-238 FMN 32.00 108.98 76.98 1.51 8.47 19650
including
41.93 49.06 7.13 1.91 7.70 4110
including
87.39 102.95 15.56 4.52 25.99 19650
including
87.39 90.33 2.94 11.82 42.31 19650
including
95.95 98.00 2.05 10.74 63.03 14200
SN22-239 Alpine 67.00 69.00 2.00 0.51 3.16 769
SN22-240 FMN 32.73 61.81 29.08 0.46 3.31 3570
including
54.05 60.04 5.99 1.45 9.09 3570
and
83.00 107.89 24.89 3.47 5.04 61700
including
104.00 106.02 2.02 39.67 30.38 61700
and 135.96 156.04 20.08 0.24 8.15 825
SN22-241 Alpine no significant assay 113
SN22-242 FMN 69.70 71.00 1.30 0.50 2.70 502
SN22-243 Alpine 51.00 80.00 29.00 0.22 1.32 683
and 109.99 121.09 11.10 0.26 1.04 508
SN22-244 FMN 163.83 164.76 0.93 2.68 65.20 2680
SN22-245 Alpine 51.00 76.00 25.00 0.74 3.12 6470
including
64.00 66.00 2.00 4.37 15.71 4630
including
71.89 72.90 1.01 6.47 24.40 6470
and
88.00 143.00 55.00 0.25 1.33 2360
including 107.43 109.22 1.79 1.96 10.66 2360
SN22-246 FMN
assays pending
SN22-247 Alpine
SN22-248 Alpine
SN22-249 N/A
SN22-250 FMN
SN22-251 N/A
SN22-252 N/A
SN22-253 FMN
SN22-254 N/A
SN22-255 FMN
SN22-256 N/A
Please click the following link to the 2021 & 2022 drill database tables of assay results:
2021 & 2022 drill database: https://www.westhavengold.com/projects/shovelnose-gold/maps/
Westhaven benefits from the B.C. Mining Exploration Tax Credit (METC) which is a permanent
incentive to support investment in mining. The METC is a refundable B.C. income tax credit for
eligible individuals and corporations conducting grassroots mineral exploration in B.C. and is
worth 30% of qualified mining exploration expenditures. Westhaven has recently received a
$2,161,933 refund related to exploration activities undertaken in 2021.
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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