Westhaven Provides Final Drill Results From 2022; Drills 15.85 Metres of 0.93 g/t Gold, Including 0.72 Metres of 11.90 g/t Gold at Skoonka Gold Property
20 Março 2023 - 11:00AM
Westhaven Gold Corp. (TSX-V:WHN) is pleased to
announce final drill results from its 100% owned Shovelnose gold
property and its 100% owned Skoonka gold property, both located
within the prospective Spences Bridge Gold Belt (SBGB), British
Columbia.
Westhaven is reporting final assays for 15 holes
from its 2022 drill campaigns at both Shovelnose and Skoonka gold
properties.
Recent Highlights:
- SC22-013 : JJ Zone
- (115.52 – 131.37m) 15.85
metres (m) of 0.93 g/t gold (Au) and 1.04 g/t silver
(Ag),Including 2.90m of 3.81 g/t Au and 3.16 g/t
Ag,Including 0.72m of 11.90 g/t Au and 7.6 g/t
Ag.
- SC22-011 : JJ Zone
- (131.08 – 163.7m) 32.62m of
0.62 g/t Au and 1.21 g/t Ag,Including 7.61m of
0.92 g/t Au and 1.64 g/t Ag.
JJ-Zone: Skoonka
These recent assay results confirm continuity of
mineralization from section to section over the western 200m of
strike of the JJ Vein Zone, with the best hole, SC22-011 (32.62m of
0.62 g/t Au), situated on the western most section, strongly
suggesting mineralization likely continues further west towards the
drilled JJ-West target.
For a full table 2022 results please
click here (new assays are
highlighted):https://westhavengold.com/ Skoonka assays
2022
FMN Zone: Shovelnose
Assays for the last 10 holes drilled at FMN in
2022 have now been received. Of these 10 holes, nine successfully
intersected Vein Zone 1. These holes confirmed the continuation of
Vein Zone 1 northwest within a well-defined corridor between two
rhyolite dykes up to the FMN-Franz cross-fault. These holes tested
for the shallow high-grade mineralization that occurs at Franz
immediately northwest of the cross-fault in the laterally displaced
continuation of Vein Zone 1. The spatial geometry of the drilled
vein zone within this rhyolite bounded corridor at FMN will assist
in targeting the northwestward continuation of Vein Zone 1 at
Franz.
For a full table of 2022 results please
click here (new assays are
highlighted):https://westhavengold.com/ Shovelnose assays
2022
Westhaven’s Board of Directors have approved a grant of
3,945,000 incentive stock options to employees, officers,
directors, and consultants. The incentive stock options have an
exercise price of $0.35 per share, are valid for a 5-year period
from the date of grant and are subject to regulatory approval. The
Company's Stock Option Plan allows for the issuance of up to 10% of
issued and outstanding share capital in the form of incentive stock
options. As a result of this grant, the Company has 12,245,000
stock options issued, representing 8.8% of the issued and
outstanding share capital.
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.
Skoonka Assays
Hole_ID |
Zone |
From (m) |
To (m) |
Int (m) |
Au (g/t) |
Ag (g/t) |
High Au (ppb) |
SC22-009 |
JJ |
76.22 |
87.36 |
11.14 |
0.51 |
1.61 |
1395 |
including |
|
78.00 |
81.00 |
3.00 |
1.40 |
4.23 |
1395 |
and |
|
96.00 |
113.04 |
17.04 |
0.52 |
0.57 |
2010 |
including |
|
96.00 |
96.76 |
0.76 |
2.01 |
1.37 |
2010 |
including |
|
98.26 |
103 |
4.74 |
1.21 |
1.26 |
1305 |
SC22-011 |
JJ |
131.08 |
163.70 |
32.62 |
0.62 |
1.21 |
2950 |
including |
|
132.56 |
133.73 |
1.17 |
2.95 |
5.87 |
2950 |
including |
|
150.43 |
158.04 |
7.61 |
0.92 |
1.64 |
2120 |
SC22-012 |
JJ |
71.80 |
74.72 |
2.92 |
0.36 |
0.05 |
361 |
and |
|
96.00 |
116.00 |
20.00 |
0.30 |
0.29 |
1070 |
including |
|
111.00 |
116.00 |
5.00 |
0.82 |
0.34 |
1070 |
and |
|
162.00 |
166.67 |
4.67 |
0.39 |
0.94 |
671 |
SC22-013 |
JJ |
115.52 |
131.37 |
15.85 |
0.93 |
1.04 |
11900 |
including |
|
115.52 |
118.42 |
2.90 |
3.81 |
3.16 |
11900 |
including |
|
117.14 |
117.86 |
0.72 |
11.90 |
7.60 |
11900 |
SC22-014 |
JJ West |
no significant assay/abandoned before target depth |
15 |
|
|
|
|
Skoonka: JJ-Zone Plan
Map is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/86011fcd-3cd5-4867-9099-36a661d2cb93
Shovelnose Assays
Hole_ID |
Zone |
From (m) |
To (m) |
Int (m) |
Au (g/t) |
Ag (g/t) |
High Au (ppb) |
SN22-318 |
FMN |
no significant assay |
92 |
SN22-319 |
FMN |
184.90 |
185.98 |
1.08 |
0.27 |
2.70 |
268 |
SN22-325 |
FMN |
88.00 |
89.15 |
1.15 |
0.45 |
7.79 |
446 |
SN22-326 |
FMN |
159.00 |
161 |
2.00 |
0.54 |
10.80 |
538 |
and |
|
173.00 |
175.00 |
2.00 |
0.26 |
3.61 |
264 |
SN22-327 |
FMN |
no significant assay |
48 |
SN22-328 |
FMN |
no significant assay |
38 |
SN22-329 |
FMN |
54.00 |
56.00 |
2.00 |
0.64 |
1.33 |
644 |
SN22-330 |
FMN |
no significant assay |
128 |
SN22-331 |
FMN |
no significant assay |
69 |
SN22-332 |
FMN |
no significant assay |
79 |
|
|
|
|
Shovelnose: FMN Plan Map is
available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e21146f9-4df3-436a-9acf-b7b1cc2c7b83
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