Westhaven Samples 51.10 G/T GOLD, 165.00 G/T Silver at the Newly Discovered Franz Zone at Its Shovelnose GOLD Property __________________________________________________________________________________________
WESTHAVEN SAMPLES 51.10 G/T GOLD, 165.00 G/T SILVER AT THE NEWLY DISCOVERED
FRANZ ZONE AT ITS SHOVELNOSE GOLD PROPERTY
__________________________________________________________________________________________
Vancouver, B.C. – August 26th, 2020 – Westhaven Gold Corp. (TSX-V:WHN) is pleased to provide
grab sample assay results from its newly discovered Franz Zone 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.
Grab Samples from Franz:
SAMPLE Weight (Kg) Au (g/t) Ag (g/t) Outcrop/Float
V074702 7.65 0.34 33.40 Outcrop
V074703 7.69 1.47 10.80 Float
V074704 6.21 0.52 3.88 Outcrop
V074705 2.29 51.10 165.00 Outcrop
V074706 2.30 4.19 52.50 Outcrop
V074707 3.92 0.04 0.65 Outcrop
V074708 1.25 34.90 120.00 Float
V074709 6.19 0.05 1.23 Outcrop
V074710 3.56 1.53 14.75 Outcrop
*Please see pictures/map below.
Gareth Thomas, President & CEO of Westhaven Gold stated: “The newly discovered Franz vein zone
is located approximately ~2.8 kilometres from the high -grade gold discovery at the South Zone. This
demonstrates we are dealing with a large and robust mineralized system and it is not just limited to
the South Zone. The Franz Zone was discovered just over a week ago, so we don’t yet know the extent,
but this is the most significant mineralized zone discovered on surface at Shovelnose.”
Peter Fischl, Exploration Manager for Westhaven Gold adds: ”Grab sampling of outcrop and float over
a 50 metre by up to 12 metre area oriented east-west over the Franz vein zone, an 80x20 metre outcrop
of quartz veined rhyolite oriented at 110/290 o azimuth, returned significant gold and silver assays.
Most notably are the two western most outcrop grab samples (see map below), which returned 4.19
g/t gold and 51.1 g/t gold. These two grab samples occur over an east- west distance of five metres.
TSX-V:WHN
The Franz vein zone outcrops at an elevation of 1285 metres, and confirms the productive, dominantly
rhyolite hosted gold -silver bearing horizon at South Zone is also preserved here. This outcrop, may
represent the northwestward continuation of Vein Zone 1, suggesting a total strike length of at least
3.7 kilometres for the zone. Drilling will be required to confirm this strike continuity. Drilling will
commence at Franz shortly.”
Westhaven is a gold -focused exploration company advancing the high -grade disc overy 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, 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 Vent ure 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
34.90 g/t Gold and 120.00 g/t Silver 51.10 g/t Gold and 165.00 g/t Silver
4.19 g/t Gold and 52.50 g/t Silver 1.53 g/t Gold and 14.75 g/t Silver