Westhaven Provides Exploration Update __________________________________________________________________________________________
WESTHAVEN PROVIDES EXPLORATION UPDATE
__________________________________________________________________________________________
Vancouver, B.C. – August 20th, 2020 – Westhaven Gold Corp. (TSX-V:WHN) is pleased to provide an
exploration update at its 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.
Gareth Thomas, President & CEO of Westhaven stated: “The goal for the 2020 drill program is to find
new gold vein zones outside of the high- grade South Zone discovery. Our team discovered a brand-
new quartz outcrop (Franz Zone) of white to gray, opaque, colloform-banded chalcedony veins hosted
in rhyolite, one kilometre northwest of the FMN target. If the Franz Zone is in fact the extension of Vein
Zone 1, we will have extended the strike length of V ein Zone 1 to 3.7 kilometres. This is important
because the bigger the vein system we are dealing with, the greater the potential to host significant
gold mineralization. As is typical with epithermal gold deposits, like Kupol and Hishikari, these large
vein systems can host high-grade sections of gold mineralization as we have already demonstrated at
the South Zone. This Franz outcrop is the most signifi cant surface vein occurrence we have seen on
Shovelnose and is being prioritized for drilling.” Thomas goes on to add, “Our technical team has done
a g reat job vectoring in on new target areas both through drilling and prospecting. Near bedrock
surface zones of anomalous gold at Alpine and Line 6 targets lead us to believe we are narrowing into
a high-grade feeder zone.”
Exploration Highlights:
● SN20-86 (New vein zone at the MIK target) intersected 47 metres of strongly quartz-veined
and brecciated dacite, 1.35 kilometres from South Zone discovery holes. Please see pictures
below. Assays demonstrated anomalous gold and pathfinder elements indicating that a more
productive horizon likely exists above this intercept.
● Recent drilling and a re -interpretation of historic drilling at Tower has confirmed the
northwestward continuation of Vein Zone 2 through the Tower target. The zone has now been
traced northwestward from South Zone for a total strike -length of 1.3 kilometres. It remains
open and will be tested to the northwest, together with Vein Zone 1, at the FMN target.
● Discovered new near surface anomalous gold at Alpine and Line 6 targets.
TSX-V:WHN
● Discovered a brand-new 80 x 20 metre quartz outcrop (Franz Zone) of white to gray, opaque,
colloform-banded chalcedony veins hosted in rhyolite one kilometre northwest of the FMN
target. Please see pictures below.
● Hole SN20-73: Near bedrock surface anomalous zone of gold at Alpine (41.07-77.25m, Vein Zone
2) returned 36.18 metres (m) of 0.64 g/t gold (Au) and 3.17 g/t silver (Ag), including: 0.32m of
17.45 g/t Au and 61.50 g/t Ag.
● Hole SN20-73 (Alpine - 137.26-143.26m) returned 6.00m of 0.89 g/t Au and 4.6 g/t Ag.
● Hole SN20-76: Near surface anomalous zone of gold at Line 6 (7.90-29.00m) returned 21.10m of
0.53 g/t Au and 0.93 g/t Ag.
● The 3rd drill rig is on the Shylock target ~1.5 kilometres southeast of the South Zone discovery
as the focus of this program is to test new drill targets. A drill is currently testing the MIK target
while another is drilling north of the Lear Target.
Peter Fischl, Exploration Manager of Westhaven stated: “ Drilling through the mid- summer has
extended the strike length of the three vein zones originally defined in drilling at South Zone and
previously intersected in historic drilling to the northwest at the MIK and Tower showings. Vein Zone
3 has now been traced in recent drilling over a strike length of 650 metres. It remains open to the
northwest. Vein Zone 2 has been traced northwest towards the Tower showing, an area of veining
exposed in outcrop and intersected in shallow drilling that is identical to the veining seen in recent
drilling at Vein Zone 2 to the southeast ( Holes SN20-72, -73, -77). A recent review of historic drilling
at Tower dating back to 2011 has confirmed that the Tower showing represents the surficial expression
of Vein Zone 2, giving the zone a strike length of 1.3 kilometres. It remains open to the northwest, and
appears to continue towards the FMN target, a northwest trending soil geochemistry anomaly (As, Mo,
Sb) of 500 metres in length lying northwest of the Tower showing. Recent drilling at the MIK showing
(Holes SN20 -86, -88) coupled with a reinterpretation of historic deeper drilling at M IK and Tower
dating back to 2012 has confirmed that Vein Zone 1 now continues through this area for a total strike
length of 2.2 kilometres. Follow-up drilling at MIK will target shallower portions of the vein system
based on the pathfinder suite of elements encountered in hole SN20 -86. Vein Zone 1 remain s open to
the northwest and appears to continue to the FMN target. The newly discovered Franz quartz vein
showing lies on strike another 1 kilometre to the northwest of the FMN target, suggesting the
possibility that the vein system continues further to the northwest.”
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 fou r 100% owned gold properties spread along this
underexplored belt. The Shovelnose property is situated off a major highway, in close proximity to
power, rail, large producing mines, and within commuting distance from the city of Merritt, which
translates into low cost exploration.
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. 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.
Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further information, please
call 604-336-6921 or visit Westhaven’s website at www.westhavengold.com
Franz Zone: New Outcrop Discovery
White to gray, opaque, colloform-banded chalcedony veins hosted in rhyolite.
New epithermal vein exposure is ~80m long x 20m wide
Looking West Looking East
Hand samples from new Franz Zone
Hole SN20-86 - strongly quartz-veined breccia