Westhaven Drills 13.10 Metres of 4.86 g/t Gold and 31.57 g/t Silver, Including 2.54 Metres of 16.88 g/t Gold and 99.28 g/t Si...
October 19 2020 - 8:00AM
Westhaven Gold
Corp. (TSX-V:WHN) is pleased to
announce additional high-grade gold drill intercepts from its
ongoing drill program 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.
Highlights from Franz
Zone
° (37.09 – 71.17m):
34.08 metres (m) of
2.07 g/t gold (Au) and
16.50 g/t silver
(Ag).° Including: 13.10m of
4.86 g/t Au and 31.57 g/t
Ag.° Including: 2.54m of
16.88 g/t Au and 99.28 g/t
Ag.
° (24.50 – 32.00m):
7.50m of 1.93
g/t Au and 23.60
g/t Ag.° Including:
4.00m of 3.15
g/t Au and 31.80
g/t Ag.
° (51.10 – 54.45m):
3.35m of
5.04 g/t Au and
24.02 g/t Ag.° Including:
1.80m of 8.06
g/t Au and 34.47
g/t Ag.
- The newly discovered Franz Zone is
located approximately 2.8 kilometres along strike from the
high-grade gold discovery at the South Zone; over half of this
strike length has not been drill tested.
Please click following link to the 2020 Drill
Database *(updated frequently):
https://www.westhavengold.com/_resources/shovelnose/Drilling-Assay-Summary-2020.pdf
Gareth Thomas, President & CEO of Westhaven
Gold stated: “We continue to intersect high-grade gold near surface
at the newly discovered Franz Zone. These drill intercepts are
along strike to the northwest of hole SN20-101, which assayed
7.78m of 14.84 g/t
gold. Drilling continues to expand the size and continuity
of the newly discovered Franz Zone. Gold mineralization has been
traced for ~3.8km of strike length and remains open along strike.
Given the property’s excellent location just off the highway, close
to the city of Merritt, and with proximity to infrastructure, we
can work the Shovelnose property year-round.”
Peter Fischl, Exploration Manager for Westhaven
Gold, adds: “Drill step-outs along strike have continued to
intersect significant gold mineralization at the Franz Vein Zone.
The shallow nature of this mineralization with minimal overburden
cover is assisting greatly in the exploration of this recently
discovered gold-bearing vein zone. Data from a recently completed
mapping and prospecting program in the Franz Zone area will be
integrated with the drilling here to advance this project
further.”
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.
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 micron. 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.
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.
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
LIDAR
MAP is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/022f5ef4-7efd-4fc7-97c8-fb94db1790d4
FRANZ ZONE: PLAN MAP OF
DRILLING is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8e93f7c2-e97d-46df-8574-4c4f92e31578
CROSS-SECTION:
SN20-107 &
SN20-108 is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cd37cf99-82c7-4bdb-8c79-2308380dda6f
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