Ongoing Drill Campaign At The Shovelnose Gold Property

VANCOUVER - Westhaven Gold Corp. reported on its ongoing drill campaign at the Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometers south of Merritt, British Columbia. The company reported assays for 20 holes from its ongoing drill campaign at Shovelnose. An additional 19 holes are in the lab pending assay as well. Westhaven currently has one drill turning at the FMN target which is approximately 1.5 to 2km northwest of the recently released South Zone in-pit resource. Mineralization at the FMN target has been encountered over a strike length of 480 meters starting at the top of bedrock. Vein Zone 1 broadens up-dip, near surface, with true widths of up to 40 meters as seen in hole SN21-188 (0.76 g/t Au over 57.8m). Drilling at the FMN zone is targeting higher-grade mineralization at the preferred elevation range of 1200 to 1400m over an area extending southeast towards hole SN20-139 and northwest towards and beyond hole SN21-167.

Recent Drilling Highlights: SNR21-48 (South Zone / Alpine : 21.00-150.00m); 129.00 meters (m) of 0.62 g/t gold (Au) and 2.10 g/t silver (Ag) including 4.00m of 6.04 g/t Au and 20.42 g/t Ag; SNR21-45 (South Zone / Alpine : 27.00-151.00m); 124.00m of 0.41g/t Au and 2.23 g/t Ag, including 1.00m of 9.02 g/t Au and 11.85 g/t Ag; SNR21-49 (South Zone / Alpine : 18.70-30.00m); 11.30m of 1.17g/t Au and 5.90 g/t Ag, including 5.00m of 1.74 g/t Au and 7.70 g/t Ag; SN21-189 (126.00-129.00m); and 3.00m of 1.50g/t Au and 613.00 g/t Ag.

Peter Fischl, Exploration Manager, said, “Recent drill results at Shovelnose continue to define broad intervals of gold mineralization contained in Vein Zones 1 and 2 and associated halos in the northwestern portion of the proposed open pit at South Zone. These drill results are not included in the recently released open-pit resource of 1.1 million ounces gold-equivalent for South Zone. These broad intercepts confirm the bulk tonnage potential at South. This mineralization remains open to the northeast of hole SNR21-48 (Section S0166), where Vein Zone 2 is interpreted to continue up-dip from this hole. Additional step-out holes are now being planned to test further to the NE along drill section S0166. Additional gold mineralization containing significant silver was intersected in hole SN21-189. This hole was testing a CSAMT (Controlled-source Audio-frequency Magnetotellurics) target. The nature of this mineralization is currently being evaluated.”