Westhaven Gold (TSX.V: WHN)
Provided an exploration update on its 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt, which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.
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Westhaven Gold – Shovelnose Mountain vista, near Merritt, B.C.
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| Westhaven Gold | TSX.v : WHN |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$30 m @ 21.5 cents |
| Location | British Columbia, Canada |
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Westhaven Drills 17.61 g/t Gold Over 3.68 Metres, Including 27.6 g/t Gold Over 1.65 Metres; the Highest-Grade Gold Intercept Off Zone One Trend
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Vancouver, B.C. – September 25th, 2023 – Westhaven Gold Corp. (TSX.V: WHN) is pleased to provide an exploration update on 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.
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Highlights from the ongoing program include:
- MIK hole SN23-360 intersected 3.68 metres (m) of 17.61 g/t gold (Au) and 31.49 g/t silver (Ag), including 1.65m of 27.6 g/t Au. Five drill holes from MIK are pending assays.
- MIK hole SN23-362 intersected 2.44m of 3.43 g/t gold and 15.65 g/t silver, including 0.44m of 12.9 g/t Au and 73.2 g/t Ag.
- Drilling at the Hydrothermal Breccia 2 (HBX2) extended the known mineralization by 180m, intersecting 5.51m of 0.58 g/t Au and 0.49 g/t Ag, including 1.5 g/t Au over 1.0m.
- 23 silt samples collected have assays over 100 ppb gold (Au), including 1985 ppb Au, 1440 ppb Au, 871 ppb Au, 328 ppb Au, 282 ppb Au.
- Recent prospecting, approximately 3 kilometres (km) southeast of the South Zone (please see map below for location), has uncovered a showing of tuff containing fragments of hydrothermal quartz, within 150m of a gold soil anomaly. Grab sample assays are pending.
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Gareth Thomas, President & CEO, states:
“Drilling the highest-grade gold intercept (17.61 g/t gold over 3.68 metres, including 27.6 g/t gold over 1.65 metres) off the main Zone One Trend that hosts all the major discoveries since late 2018 adds to our conviction that the large and underexplored Shovelnose Gold Property has a lot more discoveries to be made.
“Not only has this additional drilling improved our understanding of the MIK target area, but it has also opened up a highly prospective area that warrants further follow up drilling in the near term.
“Our technical team has been prospecting, mapping and sampling underexplored areas on Shovelnose where new showings have been discovered, including a hydrothermal outcrop approximately 3kms southeast of the South Zone along strike. We look forward to further defining these new targets with the goal to drill test them soon.”
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Peter Fischl, Exploration Manager, states:
“Follow-up drilling of a historic drill hole intersection of 6.21 g/t Au over 0.4m (Hole 11-SH-03) at the MIK showing has now traced a north trending, moderately west dipping vein zone, over a strike-length of 120m as present in all eight drill holes.
“The zone comes within 150m of Zone One Trend, and it remains open to the north and south. The gap between MIK and the Zone One Trend is now viewed as an area prospective for additional near surface vein-hosted gold mineralization.”
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To read the full news release, please click HERE
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author holds no shares in Westhaven Gold.
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