Westhaven Resumes Drilling at Its Shovelnose Gold Property
February 04 2021 - 9:00AM
Westhaven Gold Corp. (TSX-V:WHN) is pleased to
announce that drilling has resumed 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.
- Drilling has commenced with the
first drill initially focused on extending the gold-silver
mineralization encountered at the newly discovered FMN zone.
- This newly discovered FMN zone was
the third zone discovered in 2020 which reported 19.85m of
2.62 g/t Au and 139.75 g/t Ag, including 5.50m of
4.58 g/t Au and 267.35 g/t Ag. Within the 5.50m the
company recorded the 3rd highest silver intercept drilled to date
on this property (0.58m of 581 g/t Silver).
- Drilling will also focus on
extending the strike of the Franz Zone which reported 7.78m
of 14.84 g/t Au in September of 2020. (Please refer to
long section below).
- A second drill rig will be deployed
in Q1 to focus on step-out and infill drilling at the South
Zone.
- A regional exploration program will
target features delineated by work performed in 2020 and prior
years. Activities will include drilling, prospecting, mapping,
stream and soil sampling.
- Assays are pending for 19 completed
drill holes in 2020 and will be released once received and
interpreted by the Company.
Gareth Thomas, President & CEO of Westhaven
Gold states: “The goal at the beginning of 2020 was to step outside
of the South Zone and discover additional mineralized zones. Our
exploration and operations team was successful in achieving that
goal with the discovery of 3 new zones of high-grade gold and
silver mineralization. All 3 of these zones remain open and will be
the focus of initial drilling in 2021.”
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 DirectorsWESTHAVEN GOLD
CORP."Gareth Thomas"Gareth Thomas, President, CEO &
Director
About Westhaven Gold Corp.
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 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
Maps accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5db7beac-8ba9-4247-988b-71ec70b50109
https://www.globenewswire.com/NewsRoom/AttachmentNg/fbcaf114-4146-49f9-9151-fef2eb2a9353
https://www.globenewswire.com/NewsRoom/AttachmentNg/d2cb9cb7-fe7e-444b-b009-d2bfa21010d9
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