Mike Fagan,
Editor
Oct. 19, 2021
Westhaven Gold (TSX-V: WHN)(OTC: WTHVF) — currently trading around C$0.40 per share — has released assays for the final 10 holes from its recently completed drill program at the South Zone of the flagship, 100%-owned Shovelnose Gold Project in British Columbia, Canada.
Highlights from three separate holes include:
- 85 meters of 1.09 grams per tonne (g/t) gold and 2.43 g/t silver; including
• 3.14 meters of 10.8 g/t gold and 24.8 g/t silver
- 17 meters of 1.21 g/t gold and 2.5 g/t silver; including
•. 2 meters of 6.77 g/t gold and 7.57 g/t silver
- 46 meters of 0.58 g/t gold and 1.84 g/t silver; including
•. 15 meters of 1.26 g/t gold and 2.91 g/t silver
The company reports that results received to-date from the South Zone add to the potential for a near-surface bulk-tonnage resource. With drilling now wrapped up there, the focus has shifted to the Forget Me Not (“FMN”) Zone as well as recently identified CSMAT (Controlled-Source Audio-Frequency Magnetotellurics) targets where exploration drilling is underway via two rigs.
Westhaven CEO, Gareth Thomas — whom you’re about to hear from directly via an exclusive interview with Mr. Del Real — commented via press release:
“These drill results at the South Zone once again confirm that we are dealing with a robust gold-silver system that continues to expand with drilling. The South Zone resource drilling is complete and drilling is now focused on recently identified exploration targets.”
Property map showing Westhaven’s four 100%-owned gold prospects (Skoonka North, Skoonka Creek, Prospect Valley and
Shovelnose) within the 110 km Spences Bridge Gold Belt located 170 km northwest of Vancouver, British Columbia.
The CSAMT survey — which was conducted west and southeast of the South Zone — has identified multiple exploration/drill targets that may prove to be associated with zones of quartz veining similar to that of the South Zone.
Follow-up drilling is also underway at the FMN Zone where Westhaven previously intersected 16 meters of 9 g/t gold and 27 g/t silver.
Westhaven is hitting on its targets and has plenty more to explore via its multi-rig program at multiple target areas of the 43,500-acre Shovelnose property.
Speculators can expect additional drill assays in the coming weeks and months as the Westhaven team aims to put Shovelnose — and the widely underexplored Spences Bridge Gold Belt — on the map to the benefit of WHN/WTHVF shareholders.
Check out Gerardo’s exclusive interview with Westhaven CEO, Gareth Thomas.
Get more Westhaven news and exclusive interviews here.
Also, be sure to read our feature report on Westhaven Gold.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest