Westhaven Gold Corp. (TSX-V:WHN) is pleased to
announce drill results from its ongoing drill campaign at its 100%
owned 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.
Westhaven is reporting assays for 17 holes from
its ongoing drill campaign at Shovelnose. Westhaven has completed
28,400 metres of diamond drilling to date in 2021. An additional 16
holes are in the lab pending assays.
Wildfire Update:
As of Friday September 3rd, the Evacuation Order
issued by the Thompson-Nicola Regional District Operations Centre
(EOC) in Kamloops has been downgraded to an Evacuation Alert. Field
crews and drill contractors are mobilizing to site and drilling
will resume shortly. Once again, special thanks to the firefighters
and first responders who put their lives at risk.
Recent Drilling Highlights:
- SNR21-20 (South
Zone: 38.00-303.00m)265.00 metres (m) of 0.49 g/t gold (Au) and
1.84 g/t silver (Ag),including 65.28m of 1.18 g/t Au and 3.37 g/t
Ag,including 2.00m of 7.30 g/t Au and 10.23 g/t Ag,including 26.00m
of 1.76 g/t Au and 4.00 g/t Ag,including 0.80m of 15.85 g/t Au and
8.99 g/t Ag.
- SNR21-27 (South
Zone: 27.00-145.00m)118.00m of 0.71 g/t Au and 2.12 g/t
Ag,including 32.00m of 1.88 g/t Au and 4.95 g/t Ag,including 0.34m
of 17.75 g/t Au and 22.40 g/t Ag,including 1.00m of 13.95 g/t Au
and 7.49 g/t Ag.
- SNR21-29 (South
Zone: 91.43-189.00m)97.57m of 0.43 g/t Au and 1.88 g/t Ag,including
7.00m of 3.26 g/t Au and 7.63 g/t Ag,and (216.00-268.00m) 52.00m of
0.61 g/t Au and 1.33 g/t Ag,including 8.00m of 1.93 g/t Au and 3.49
g/t Ag.
- SNR21-30 (South
Zone: 122.30-161.43m)39.23m of 1.42 g/t Au and 9.80 g/t
Ag,including 22.71m of 2.25 g/t Au and 15.53 g/t Ag,including 3.32m
of 5.92g/t Au and 23.74 g/t Ag.
Please click the following link to the 2021
drill database table of assay
results:https://www.westhavengold.com/projects/shovelnose-gold/maps/
Gareth Thomas, President & CEO of Westhaven
Gold, states: “These recent drill results at the South Zone confirm
that along with multiple high-grade gold-silver veins, there are
also significant widths of disseminated gold-silver. These broad
intercepts are expanding the footprint of the known area of
gold-silver mineralization. Once drilling resumes, the focus will
be on recent vein intercepts (SNR21-37 to SNR21-40), northwest of
the South Zone where pale-grey banded quartz with adularia and
ginguro were observed in the core; assays pending. We will also be
focusing on the FMN Zone, approximately 2.5 kilometres northwest of
the South Zone, where assays are also pending.”
Peter Fischl, Exploration Manager, comments:
“Resource drilling at the South Zone has confirmed the continuity
of Vein Zones 1, 2 and 3 based on previous broadly spaced drilling
from 2018-2020. This drilling has also confirmed the presence of
broad intervals of lower grade gold mineralization occurring
between Vein Zones 1 and 2. This mineralization is also seen as a
halo that can encompass all three vein zones, as seen in hole
SNR21-20, which returned 0.49 g/t Au over 265m. The presence of
such mineralization adds to the potential for a bulk-tonnage
resource at South Zone.”
Upcoming Drill Plans:
As a significant portion of the resource
drilling has been completed at South Zone, the drill program is now
focused on follow-up testing of stronger quartz veining seen in
holes SNR21-37 to SNR21-40 in Vein Zone 1 in the northwestern
portion of South Zone. Drilling will also take place northward
towards the Lear target for infill and step-out drilling on Vein
Zone 3. The FMN target remains a priority for follow-up drilling.
Drilling will resume at FMN upon completion of the resource
drilling at South Zone where the shallower portions of the
mineralized horizon in Vein Zone 1 will be targeted at the
1200-1300m level. This will be following up the last hole drilled
at FMN, hole SN21-175 (assays pending), which encountered
quartz-adularia (+/- ginguro) veins contained in three subintervals
of Vein Zone 1 spanning 246m downhole. Several CSAMT targets lying
west of South Zone will be tested this fall as well.
Drilling at Franz tested for the northwestern
continuation of Vein Zone 1. Hole SN21-170 intersected a section of
rhyolite hosted hydrothermal breccia that returned 0.16 g/t Au,
0.20 g/t Ag and 135 ppm arsenic over 1.63m (280.15-281.78m). This
intersection has extended Vein Zone 1 to the northwest by an
additional 90 metres from where it was intersected in hole SN20-124
(0.71 g/t Au over 3.53m). Gold mineralization was also encountered
at the top of hole SN21-170 in a second northwest striking zone of
chalcedony veining hosted in rhyolite, lying about 100m southwest
of Vein Zone 1. This zone was first identified in hole SN20-123,
which returned 0.204 g/t Au, 0.345 g/t Ag and 311 ppm arsenic over
16.79m (58.65-75.44m). Hole SN21-170 returned 3.0m of 0.52 g/t Au
(12-15m). This zone has now been traced for 350m and remains open
to the northwest.
On behalf of the Board of DirectorsWESTHAVEN 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.
QA/QC
Core samples were prepared using the PREP-31
package in ALS’s Kamloops facility. Each core sample is crushed to
better than 70 % passing a 2 mm (Tyler 9 mesh, US Std. No.10)
screen. A split of 250 g is taken and pulverized to better than 85
% passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen.
0.75g of this pulverized split is digested by Four Acid and
analyzed via ICP-MS (method code ME-MS61m (+Hg)), which reports a
49-element suite of elements. All samples are analyzed by Fire
Assay with an AES finish, method code Au-ICP21 (30g sample size).
Additional Au screening is performed using ALS’s Au-SCR24 method,
select samples are dry screened to 100 microns. A duplicate 50g
fire assay is conducted on the undersized fraction as well as an
assay on the entire oversize fraction. Total Au content, individual
assays and weight fractions are reported. All analytical and assay
procedures are conducted in ALS’s North Vancouver facility. A QA/QC
program included laboratory and field standards inserted every 25
samples. At least one field blank is inserted in every batch of 25
samples, with additional blanks inserted following samples with
visible gold.
Westhaven’s ongoing Quality Assurance and
Quality Control programs include auditing of all exploration
data. Any significant changes will be reported when
available.
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.
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, near
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
604-681-5558 or visit Westhaven’s website at
www.westhavengold.com.
Eight images accompanying this announcement are
available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/2cd36bc5-4316-4016-a8b9-2f5e625aac09
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