Westhaven Provides an Exploration Update ON the Shovelnose GOLD Property; Discovers a New Vein Zone at Carmi _____________________________________________________________________________________________________
WESTHAVEN PROVIDES AN EXPLORATION UPDATE ON THE SHOVELNOSE GOLD PROPERTY;
DISCOVERS A NEW VEIN ZONE AT CARMI
_____________________________________________________________________________________________________
V ancouver, B.C. – June 3rd, 2024 – W esthaven Go l d Co r p. (TSX-V:WHN) is pleased to provide an
exploration update on its road accessible, 17,623 -hectare Shovelnose gold property, situated within the
prospective Spences B ridge G old B elt (SB G B ), 30 kilometres south of M erritt, B ritish C olumbia.
Following receipt of a 5- year, 650 -hole drilling permit, W esthaven initiated a 4,000m drilling campaign
at Shovelnose on M arch 20, 2024, focused on evaluating newly defined structural targets, primarily
within and along the highly prospective, 4km long, Zone One Trend, host to the South Zone re source
where a positive preliminary economic assessment (“ PE A ” ) was announced on J uly 18, 2023.
https://www.westhavengold.com/news -and -media/news/news -display/index.php?content_ id=339
The ongoing drill campaign is testing seven target areas, including L ine 6 and Hydrothermal B X -02. The
aim of this program is to both extend the zones of known mineralization and test prospective new
targets identified from recent structural analysis and prospecting efforts.
Highlights from the o ngoing E xploration P rogram I nclude:
• Discovery of a new vein zone at Ca rm i ( HydroBx05) drill target (assays pending) ,
approximately 1km southwest of the South Zone. Please see map below.
• Prospecting led to a notable quartz , bedrock discovery ( C ertes Showing ) ~ 6 kilometres
southeast of known mineralization and could be southeastern extension of the Zone One
Trend. Please see pictures below. G rab sample assays pending.
• Prospecting has led to another notable quartz, bedrock discovery (A gate Showing) ~2km to
the south of the Zone One Trend where elevated pathfinder elements suggest these rocks
are from the higher levels of an epithermal system.
• 3 out of 4 drill holes being reported intersected the targeted vein zones, intersecting
anomalous gold and silver mineralization. The strike of the M IK zone remains open both to
the north and south.
TSX-V:WHN
G areth T homas, President & C E O, states, “ Testing new structural targets within and outside of the main
4km Z one One Trend was the first objective to start the 2024 exploration program. The second objective
was to continue to focus our efforts on property wide prospecting, sampling, and mapping to generate
new zones of interest well outside of the main discovery and resource areas. B oth objectives were
successfully achieved through two new quartz -bedrock discoveries 2 km and 6km away from the Zone One
Trend, and the drill intersecting vein zones in all but one hole.”
Prospecting Update
Fraser M acC orquodale, Technical A dvisor, states, “ In my prior position, we looked at roughly 300 gold
prospects over the last 7 years. The Shovelnose was one of the few that stood out as you have the
earmarking's of a sizable, well mineralized system, including both wide veins and high grades within a
very under explored district.” M r. M acC orquodale served as the G eneral M anager of E xploration at
Newcrest M ining L imited ("Newcrest") from 2008 to 2023.
W ork undertaken in 2024 is targeting the southeastern part of the property . T wo previously unknown
cant volumes of quartz veining/brecciation have been discovered so far
this season. One of the occurrences comprises outcrops oat scattered along a geophysical and
topographical inferred structure with a strike length of over 1km and an apparent width of 100m -
prospecting activities are ongoing in this area of interest. These initial early season new bedrock discoveries
ed in stream, soil , and
oat (up to 0.52 g/t A u) that could not have
come from known mineralization situated ~6km to the northwest. These areas could potentially be the
southeastern extension of the Z one One T rend, or they could represent different epithermal systems.
Drilling Update
W esthaven is reporting assays for 4 drill holes from its ongoing drill campaign. The company is currently
on the 8 th drill hole of the program. Of the 4 holes being reported, 3 successfully intersected the targeted
vein zones.
Drillhole SN2 4-400 intersected vein zone 1 from 259m to 271m downhole. There were multiple intervals
of anomalous gold mineralization higher in the hole potentially indicating this vein zone 1 intercept is
deeper in the system. D rillhole SN2 4-401 intersected two weakly mineralized zones at the M IK zone target.
Future drilling in the M IK will target this zone along strike. Drillhole SN2 4-402 intersected a newly
recognized gold mineralized vein zone, the M IK W est zone, from 173.8m to 183.4m downhole.
The drill is currently at the C armi Target, located approximately 1km to the southwest of the South Zone.
The target is coincident with a resistivity anomaly , striking northwest -southeast, and at least 800m in
length. The drill will be moving to the L ine 6 Target once the current hole is complete.
For a table of 2024 drill results please click here:
https://www.westhavengold.com/_resources/shovelnose/Shovelnose- 2024-Drilling-A ssay-Summary.pdf
Line 6 Drill Target
The presence of similar styles of mineralization at L ine 6, might suggest the presence of a buried zone of
mineralization similar to the main trend. The historical holes at L ine 6, as they were drilled, would have
missed the buried mineralization if it is similarly oriented to the main trend. The objective is to test the
Lin e-6 target for a larger underlying epithermal system, similar to the Zone One Trend.
Line 6 Drill Target
On behalf of the B oard of Directors
WESTHAVEN GOLD CORP.
"Ga r e t h Thoma s”
G areth Thomas, President, CEO & Director
Qualified Person Statement
Peter Fischl, P.G eo., who is a Qualified Person within the context of National Instrument 43 -101 has read
and takes responsibility for this release.
QA/ QC
Co re samples were prepared using the PREP -31 package in A L S’ s K amloops 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, U S Std. No. 200) screen. 0.75g
of this pulverized split is digested by Four A cid and analyzed via IC P -M S (method code M E-MS61m (+Hg)),
which reports a 49 -element suite of elements. A ll samples are analyzed by Fire A ssay with an A E S finis h,
method code A u- IC P21 (30g sample size). A dditional A u screening is performed using A L S’ s A u- SC R24
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 A u content, individual assays
and weight fractions are reported. A ll analytical and assay procedures are conducted in A L S’ s Nort h
V ancouver facility. A QA /QC program included laboratory and field standards inserted every 25 sampl es.
A t least one field blank is inserted in every batch of 25 samples, with additional blanks inserted following
samples with visible gold. W esthaven’ s ongoing Quality A ssurance and Quality C ontrol programs include
auditing of all exploration data. A ny significant changes will be reported when available.
Neither the TSX V enture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX V enture Exchange) accepts responsibility for the adequacy or accuracy of this release.
A bout W esthaven G old C orp.
W esthaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project
in C anada’ s newest gold district, the Spences B ridge G old B elt. W esthaven controls 37,000 hectares (370 square
kilometres) with four 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
M erritt, which translates into low -cost exploration. W esthaven trades on the TSX V enture Exchange under the
ticker symbol W HN. For further information, please call 604 -681-5558 or visit W esthaven’ s website at
www.westhavengold.com
NEW QUARTZ SHOWINGS
QUARTZ GRAB SAMP LES FROM OUTCROP
CERTES SHOWING
AGATE SHOWING
PLAN MAP OF RECENT DRILLING