Westhaven Commences Drilling At Shovelnose Gold Property
May 19 2020 - 9:00AM
Westhaven Ventures Inc.
(
TSX-V:WHN) is pleased to announce that drilling
has commenced 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.
2020 Drill Program
- The ongoing 30,000 metre (m) drill program has
resumed.
- The focus of this program is to test new drill targets outside
of the South Zone and expand on the recently encountered high-grade
gold in the Lear Zone.
- Recent drilling at the Lear Zone intersected
10.56m of 3.67 g/t Gold (Au) and
10.40 g/t Silver (Ag), including:
3.13m of 7.20 g/t Au and
27.30 g/t Ag, and including:
0.79m of 15.85 g/t Au and
61.30 g/t Ag.
Gareth Thomas, President and CEO of Westhaven, stated: "The
focus for this program is to test for additional vein zones outside
of the South Zone. The recently completed winter drill program was
successful in discovering a new mineralized zone (Lear Zone) where
drill hole SN20-56 intercepted the highest-grade gold interval
outside of the South Zone.”
Peter Fischl, Exploration Manager, stated: “Resistivity profiles
from historic Induced Polarization surveying at the Alpine Zone
suggest the continuation of Vein Zones 2 and 3 towards this target.
Limited drilling here in 2015 and 2016 intercepted high-grade gold
veins. Intercepts of 161 metres grading 0.23 g/t Au and 119.6m of
0.27 g/t Au included higher grade intervals of 16.7 g/t Au over
0.5m and 4.95 g/t Au over 0.6m. The recent discovery of high-grade
gold in the Lear Zone indicates the mineralization is strengthening
towards the Alpine Zone.”
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.
On behalf of the Board of Directors WESTHAVEN VENTURES
INC. "Gareth Thomas"
Gareth Thomas, President, CEO & Director
About Westhaven:
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, in
close proximity to power, rail, large producing mines, and within
commuting distance from the city of Merritt, which translates into
low cost exploration. Westhaven is committed to the highest
standards of environmental and social responsibility with a focus
on generating positive outcomes and returns to all stakeholders.
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.westhavenventures.com
A map accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2326094c-7876-4f9d-ad01-853f6e9c28de
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