- Westhaven Gold Corp. (WHN) has released an update from its ongoing drill campaign at the Shovelnose gold property in British Columbia
- The two newest drill holes intercepted high grades, including 614 g/t of gold and 2,070 g/t of silver
- Westhaven Gold Corp. 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 Gold Corp. (WHN) is up 11.59 per cent on the day, trading at $0.77 per share
Westhaven Gold Corp. (WHN) has released an update from its ongoing drill campaign at the Shovelnose gold property in British Columbia.
Shovelnose is located within the prospective Spences Bridge Gold Belt, which borders the Coquihalla Highway and is 30 kilometres south of Merritt, British Columbia.
Gareth Thomas, president and CEO of Westhaven Gold, commented on the results.
“These high-grade drill intercepts,” he said, “including 614 g/t gold and 2,070 g/t silver, help further validate the high-grade nature of this project.”
He added, “It is encouraging to see the expansion of mineralization and the continuity of high-grade within the South Zone, especially as we continue to drill this area in preparation for an inaugural maiden resource.”
Recent highlights from the drill program include results from two new drill holes in the South Zone:
- Hole SNR21-03, revealing 74.8 metres of 3.18 g/t gold and 18.92 g/t silver, including 1.3 metres of 31.9 g/t gold and 269 g/t silver; and
- Hole SNR21-04, which revealed 41.55 metres of 8.17g/t gold and 34.64 g/t silver, including 0.45 metres of 614 g/t gold and 2,070 g/t silver.
“Hole SNR21-04 is one of the shallowest high-grade Vein Zone 1 intercept drilled on Shovelnose to date,” remarked Mr. Thomas. “With the recent exploration success at the FMN Zone and with several high-priority targets generated from ongoing exploration programs including geophysics, geochemistry and prospecting, a third drill is being mobilized to the property.”
Peter Fischl, the company’s exploration manager, added,
“The recent results from holes SNR21-03 and SNR21-04 expanded the area of high grade [gold] situated along strike above 1250m elevation in Vein Zone 1.”
Westhaven Gold Corp. 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 Gold Corp. (WHN) is up 11.59 per cent on the day, trading at $0.77 per share as of 1:16 pm ET.
