Westhaven Gold Corp. (TSX.V: WHN)
Has released results for additional high-grade gold drill intercepts from its continuing drill program at its 17,623-hectare Shovelnose gold property. Shovelnose is located 30 kilometres south of Merritt, B.C.
Highlights from Franz zone, hole SN20-108: – 7.09 to 71.17 m — 34.08 m of 2.07 grams per tonne (g/t) gold (Au) and 16.50 g/t silver (Ag);
Westhaven drills 13.1 m of 4.86 g/t Au at Shovelnose
2020-10-19 10:09 ET – News Release
Mr. Gareth Thomas reports
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 SILVER AT THE NEWLY DISCOVERED FRANZ ZONE AT SHOVELNOSE GOLD PROPERTY
Westhaven Gold Corp. has released results for additional high-grade gold drill intercepts from its continuing 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, B.C.
Highlights from Franz zone
- 37.09 to 71.17 metres (m) — 34.08 m of 2.07 grams per tonne (g/t) gold (Au) and 16.50 g/t silver (Ag);
- Including 13.10 m of 4.86 g/t Au and 31.57 g/t Ag;
- Including 2.54 m of 16.88 g/t Au and 99.28 g/t Ag.
- 24.50 to 32.00 m — 7.50 m of 1.93 g/t Au and 23.60 g/t Ag;
- Including four m of 3.15 g/t Au and 31.80 g/t Ag.
- 51.10 to 54.45 m — 3.35 m of 5.04 g/t Au and 24.02 g/t Ag;
- Including 1.80 m of 8.06 g/t Au and 34.47 g/t Ag.
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.
Gareth Thomas, president and chief executive officer 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 7.78 m of 14.84 g/t gold. Drilling continues to expand the size and continuity of the newly discovered Franz zone. Gold mineralisation has been traced for approximately 3.8 kilometres 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 stepouts along strike have continued to intersect significant gold mineralisation at the Franz vein zone. The shallow nature of this mineralisation 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.”
Qualified person statement
Peter Fischl, professional geoscientist, who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this release.
Quality assurance/quality control (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 per cent passing a two-millimetre screen. A split of 250 grams is taken and pulverized to better than 85 per cent passing a 75-micron screen. Of this pulverized split, 0.75 gram is digested by four acid and analyzed through ICP-MS (method code ME-MS61m), which reports a 49-element suite of elements. All samples are analyzed by fire assay with an AES finish, method code Au-ICP21 (30-gram sample size). Additional Au screening is performed using ALS’s Au-SCR24 method, select samples are dry screened to 100 micron. A duplicate 50-gram 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 Gold 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-per-cent-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.
The writer holds Westhaven Gold shares, bought in the market at the prevailing price on the day, as a long term investment.
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