Newly Discovered Franz Zone Drilling Confirms High-Grade Gold

VANCOUVER, - Westhaven Gold Corp. reported drill results from its first hole at the newly discovered Franz Zone, part of the 17,623-hectare 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.

Highlights from SN20-101 (Franz Zone): (18.36 – 26.14m): 7.78 metres (m) of 14.84 g/t gold (Au) and 39.40 g/t silver (Ag); (41.12 – 57.44m): 16.32m of 2.37 g/t Au and 31.15 g/t Ag; and The newly discovered Franz Zone is located approximately 2.8 kilometers along strike from the high-grade gold discovery at the South Zone; over half of this strike length has not been drill tested.

Gareth Thomas, President & CEO, said, “Our goal at the start of this year was to find additional high-grade gold zones at Shovelnose. The Franz Zone outcrop was discovered in mid-August and grab samples returned assays of up to 51.10 g/t gold. This drilling confirms that high-grade gold exists at depth and not just on surface. Though we only have the assays back for one hole, we are seeing similar veining and textures in other drill holes at Franz. We will release assays from holes as they are received. It is important to highlight that this 17,000-hectare property is still largely under-explored. We are confident we will find additional high-grade gold zones as mapping, prospecting, geophysics and drilling continues.”