Westhaven Gold Corp. (TSX-V:WHN) is pleased to
announce that Induced Polarization (IP) and ground magnetic surveys
have commenced over and around the newly discovered Certes target
at its 41,634-hectare Shovelnose gold property, situated within the
prospective Spences Bridge Gold Belt (SBGB), 30 kilometres south of
Merritt, British Columbia.
The IP survey, as currently planned, will cover an area of
approximately 8.5km2, centred on the Certes 1, 2 and 3 targets that
were tested by a total of six drill holes during the fall 2024
program (assays pending). IP coverage will test the 3km strike
length of the Certes area, as currently recognized, as well as
adjacent features interpreted from mapping/sampling undertaken in
2024 and pre-existing airborne magnetic coverage. Depending on
weather conditions and preliminary results, the survey may be
expanded to encompass the Corral target, situated about 1.8km
southwest of Certes. A ground magnetic survey will be conducted
concurrently with the IP work.
As announced in the August 26th, 2024, news release: Certes
Trend –Certes is a 3km long concentration of strongly anomalous
pathfinder elements in rock and soil samples situated some 8km
east-southeast of the Franz-FMN-South Zone along the same
geophysical/geochemical corridor. Banded and laminated
mercury-bearing chalcedony cobbles and boulders found at surface
amongst andesite subcrop at the northwestern end of the current
Certes Trend are indicative of near surface low sulphidation
epithermal deposits, suggesting preservation of an entire system in
the Certes area beneath an andesite cap.
Along with drilling to identify and evaluate potential
controlling structures on these three areas along the Certes Trend,
each spaced about 1km apart (Certes Targets 1,2, and 3) these
geophysical surveys will better define deep seated structures that
may have influenced the development of epithermal systems, and to
assist in interpretation of the subsurface geology.
Summer/fall 2024 drill campaign
The summer/fall 2024 drill campaign has been completed. All core
has been processed and sent to the lab for assay. Once all assays
have been received, analyzed and interpreted by our technical team,
the company will put out a news release along with the next steps
for exploration and drilling in early 2025.
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.
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
61,512 hectares (615 square kilometres) with four 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
Forward-Looking Statements
This news release contains "forward-looking statements" within
the meaning of applicable securities legislation. These
forward-looking statements are made as of the date of this news
release and the Company does not intend, and does not assume any
obligation, to update these forward-looking statements, except as
required by law.
Forward-looking statements in this news release may include, but
are not limited to, statements with respect to the size, scope and
intended objectives of IP and ground geometric surveys at targets
on the Company’s Shovelnose project in B.C., the potential for near
surface low sulphidation epithermal deposits to exist on the
Shovelnose property, the Company’s objective of identifying and
evaluating potential controlling structures through drilling and
geophysical surveys and interpreting subsurface geology, as well as
the timing to determine, approve and announce exploration plans for
2025. In certain cases, forward-looking statements can be
identified by the use of words such as "plans", "expects" or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved".
However, forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company does not undertake to
update any forward- looking statements, except in accordance with
applicable securities laws.
Map of IP Coverage Area
A map accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c4360799-11b3-453a-a166-64fa08f2d04d
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