Westhaven Drills 51.77 Metres of 4.22 g/t Gold and 46.42 g/t Silver, Including 27.85 Metres of 7.51 g/t Gold and 83.94 g/t Si...
April 15 2021 - 8:10AM
Westhaven Gold Corp. (TSX-V:WHN) is pleased to
announce drill results from its ongoing drill campaign 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.
Recent Highlights:
- SNR21-01 (South
Zone: 180.23-232.00m) 51.77 metres (m) of
4.22 g/t gold (Au) and 46.42 g/t silver
(Ag), including 27.85m of 7.51
g/t Au and 83.94 g/t Ag.
Gareth Thomas, President & CEO of Westhaven
Gold, states: “In mid-February we began drilling at the South Zone
with a view to completing an inaugural independent resource
estimate by late 2021. Prior to the 2021 drilling, the South Zone
had a low density of drilling having been drilled at roughly 50
metre spacings. The gold grade and vein thickness of drillhole
SNR21-01 (27.85m of 7.51 g/t Au and 83.94 g/t Ag), located
twenty-five metres between SN18-15 (46.20 Metres of 8.95 g/t Gold
and 65.47 g/t Silver) and SN19-26 (15.46 m of 4.80 g/t
Au and 61.21 g/t Ag), further demonstrates the continuity
and high-grade nature of Vein Zone 1. Roughly 2 kilometres along
strike from the South Zone at the FMN Zone, we continue to
intersect gold-silver mineralization. Given our proximity to
infrastructure, low drilling costs and recently completed bought
deal financing, we are fully financed for our 2021 exploration
activities.”
FMN Drilling
Drilling at FMN, between South Zone and Franz,
continues to encounter quartz veining comprising Vein Zone 1 and a
second flanking vein zone 200 to 250m southwest of Vein Zone 1,
potentially a fourth vein zone. Quartz veining has now been traced
continuously from South Zone to FMN for 3.01km. The untested strike
length between the FMN and Franz zones currently stands at 560
metres.
Peter Fischl, Exploration Manager of Westhaven,
adds: “Drilling at FMN is extending the quartz vein system further
northwest into the gap between FMN and Franz. The most recent
drilling appears to show Vein Zone 1 deflecting somewhat to the
north towards an azimuth of 330o, possibly defining a “kink” in the
structure. These kinks can be important sites of stronger gold
mineralization along structures exhibiting strike-slip movement.
The most prominent kink developed in this structure so far is at
South Zone.”
South Zone Drilling
Drill holes SN21-152/154 intersected Vein zone 1
downdip by an additional 140m from previous drilling. Both holes
encountered significant quartz veining with anomalous levels of
gold and silver, likely due to the vertical control of gold-silver
mineralization, typical of epithermal vein systems. These two holes
provide some guidance for vectoring upwards to where higher grades
may be encountered.
In more recent shallow drilling in the South
Zone on section 1125, roughly 170m northeast from SNR21-01, in
addition to encountering significant quartz veining, hole SNR21-04
(assays pending) also encountered visible gold in drill core.
Table of Recent Results:
Hole ID |
Target |
From (m) |
To (m) |
Int (m) |
Au (g/t) |
Ag (g/t) |
High Au (ppb) |
SN21-150 |
FMN |
25.71 |
34.46 |
8.75 |
0.70 |
4.14 |
2880 |
including |
|
32.80 |
34.46 |
1.66 |
2.27 |
2.97 |
2880 |
SN21-151 |
FMN |
321.22 |
351.50 |
30.28 |
0.26 |
15.49 |
957 |
including |
|
332.00 |
338.00 |
6.00 |
0.58 |
34.70 |
957 |
and |
|
499.00 |
503.31 |
4.31 |
0.24 |
27.53 |
332 |
SN21-152 |
South Zone |
291.00 |
310.00 |
19.00 |
0.38 |
26.86 |
1415 |
including |
|
291.00 |
293.00 |
2.00 |
1.21 |
144.50 |
1415 |
SN21-153 |
FMN |
ASSAYS PENDING |
SN21-154 |
South Zone |
365.89 |
369.15 |
3.26 |
0.72 |
33.90 |
1725 |
and |
|
382.00 |
385.05 |
3.05 |
0.23 |
20.56 |
288 |
SN21-155 |
FMN |
ASSAYS PENDING |
SN21-156 |
FMN |
ASSAYS PENDING |
SN21-157 |
South Zone |
ASSAYS PENDING |
SN21-158 |
FMN |
ASSAYS PENDING |
SN21-159 |
South Zone |
ASSAYS PENDING |
SN21-160 |
South Zone |
ASSAYS PENDING |
SN21-161 |
FMN |
ASSAYS PENDING |
SNR21-01 |
South Zone |
130.92 |
162 |
31.08 |
0.73 |
1.45 |
5710 |
including |
|
138.00 |
144.3 |
6.3 |
2.46 |
3.42 |
5710 |
and |
|
180.23 |
232.00 |
51.77 |
4.22 |
46.42 |
84000 |
including |
|
202.15 |
230.00 |
27.85 |
7.51 |
83.94 |
84000 |
including |
|
205.00 |
211.25 |
6.25 |
20.11 |
273.07 |
57600 |
including |
|
227.96 |
228.44 |
0.48 |
84.00 |
280.00 |
84000 |
SNR21-02 |
South Zone |
ASSAYS PENDING |
SNR21-03 |
South Zone |
ASSAYS PENDING |
SNR21-04 |
South Zone |
ASSAYS PENDING |
Please click the following link to the 2021
drill database table of assay
results:https://www.westhavengold.com/projects/shovelnose-gold/maps/
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
604-336-6921 or visit Westhaven’s website at
www.westhavengold.com
Maps accompanying this announcement are available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/fc2ef895-fa38-498a-a822-3b658665359ahttps://www.globenewswire.com/NewsRoom/AttachmentNg/20849ae9-002a-4c2a-848b-ada51b227922https://www.globenewswire.com/NewsRoom/AttachmentNg/34eb56a0-ecf0-4389-869e-1be2cce51c53
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