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Westhaven Gold continues to report significant widths of gold-silver mineralization at its Shovelnose gold property in British Columbia, including 76.98 metres of 1.51 g/t gold and 8.47 g/t silver

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Westhaven Gold Corp. (TSXV:WHN) continues to report significant widths of gold-silver mineralization at its Shovelnose gold property in British Columbia, including 76.98 metres of 1.51 g/t gold and 8.47 g/t silver. Westhaven has drilled approximately 21,000m over 70 holes at Shovelnose in 2022 and 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.

Additional Information:

Company: Westhaven Gold Corp
Website: https://www.westhavengold.com
Stock Symbol: TSXV:WHN
Date Published: Jun 27, 2022
Transcript: Available

Video Transcript:

Westhaven Gold Corp. (TSXV:WHN) continues to report significant widths of gold-silver mineralization at its Shovelnose gold property in British Columbia.

The 17,623-hectare Shovelnose gold property is located within the prospective Spences Bridge Gold Belt, where Westhaven controls 37,000 hectares 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.

Highlights include hole SN22-238 which intersected 1.51 g/t gold and 8.47 g/t silver over 76.98 metres, starting at 24m below surface, and hole SN22-240, which intersected 3.47 g/t gold and 5.04 g/t silver over 24.89m, including 39.67 g/t gold and 30.38 g/t silver over 2.02m. both at the FMN Zone.

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.

At the Alpine Zone, hole SN22-236 intersected 1.08 g/t gold and 4.44 g/t silver over 40.00m, including 1.17m of 15.40 g/t gold and 73.50 g/t silver, extending Vein 2 mineralization.

Recent drilling at Alpine has now been completed on four 50m-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 near surface mineralization.

The FMN Zone is over 2 kilometres northwest of the South Zone resource area and 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.

Westhaven has drilled approximately 21,000m over 70 holes at Shovelnose in 2022 and 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, stated: “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, which 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 significantly towards growing the property’s 1.1 million ounce gold equivalent mineral resource estimate.”

Peter Fischl, Exploration Manager, added: “ 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 over 42.17m in SN22-211). The breccias are now considered a secondary target that can add to the bulk tonnage potential at FMN.”

The shares are trading at $0.425.

For more information, please visit the company’s website, www.WesthavenGold.com, contact Gareth Thomas, President and CEO at 604-681-5558 or by email at info@WesthavenGold.com.