Westhaven Completes Its Inaugural Drill Program at Skoonka Creek Gold Property; Extends Vein Zone by 940 Metres

VANCOUVER, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) reports it has completed drilling at its 2,784-hectare 100%-owned Skoonka Creek gold property. Skoonka is located within the prospective Spences Bridge Gold Belt (SBGB).

Westhaven has completed a total of 16 holes for 3,340 metres of drilling (assays pending) at the Skoonka property.

JJ-Zone

The bulk of the drilling was focused on the JJ Zone with a view to testing two styles of mineralization, a higher-grade east-northeast trending zone of epithermal quartz veining and a gold-bearing argillized tuff horizon lying in the vein zone footwall.

2022 drilling intersected the JJ Vein Zone over a strike length of 440m with a series of twelve holes spaced 25 to 185m apart. Two of these holes also targeted the deeper tuff-hosted footwall mineralization. The current and previous drilling has now defined the vein zone here over a strike length of 590m and a dip length of up to 240m from surface.

JJ-West

Westhaven completed 3 drill holes at the JJ-West exploration target. These holes are following up on targets generated by early field work performed by Westhaven in 2017, which identified a magnetic low with coincident high level geochemical pathfinders, including mercury, on-trend with the JJ vein zone. All three holes intersected quartz veining that is now interpreted to be the southwestern continuation of the JJ zone. Hole SC22-015 is the most southwestern hole completed and it intersected a zone of veining from 160m downhole to 228m including white to pale-grey chalcedony veining including ginguro. The quartz vein system has now been extended with the drilling of these three holes to the southwest by an additional 940m, giving the zone a total strike length of 1.53km. The trend remains open to the northeast and southwest.

Skoonka Background

Past prospecting activities targeted gold-in-soil anomalies and often successfully identified bedrock exposures of gold mineralization and/or related alteration. These surface showings became the focus of historical exploration. Six original showings were subsequently tested by drilling (Discovery, Deadwood, Ember, Backburn, Backburn Southeast and JJ), but other known bedrock occurrences remain undrilled (e.g. Bermuda and Zebra). The source of additional prominent gold-in-soil targets, as well as anomalous gold mineralization in rock samples, is not currently known and these features are considered exploration targets. Westhaven acquired the Skoonka property in 2017 and, prior to its inaugural drill program in 2022, had completed geophysics, mapping, and prospecting. In addition to the previously identified zones of mineralization, Westhaven has identified new areas of interest that, when integrated with prospecting, geophysics and drilling, may lead to the discovery of additional new veining.

On behalf of the Board of Directors
WESTHAVEN 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 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 604-681-5558 or visit Westhaven’s website at www.westhavengold.com .

Three photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/1ebe73fc-8761-445e-8388-367cd6922f4f

https://www.globenewswire.com/NewsRoom/AttachmentNg/bc4fcd62-3cdf-418c-81f2-307a57def7b5

https://www.globenewswire.com/NewsRoom/AttachmentNg/f300f16e-85ca-4056-a6a5-bff840ca18f0


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