- Westhaven Gold (WHN) has encountered more significant veining at its Shovelnose Gold Property
- The findings come from the company’s final drill results from its 2020 drill campaign
- The property is located within the prospective Spences Bridge Gold Belt
- Highlights include one hole with 5.99 metres of 2.36 g/t gold
- Westhaven Gold is down 3.45 per cent on the day, with shares of the company trading at C$0.56 at 12:21 pm EST
Westhaven Gold (WHN) has encountered more significant veining at its Shovelnose Gold Property.
The findings come from the company’s final drill results from its 2020 drill campaign.
The 17,623-hectare Shovelnose gold property is located within the prospective Spences Bridge Gold Belt (SBGB), 30 kilometres south of Merritt, British Columbia.
The proximity to a major highway translates into low-cost exploration.
“Drilling at Shovelnose in the latter part of 2020 has been primarily focused on testing vein continuity along the 4-kilometre strike length of Vein Zone 1, the most significant mineralized structure defined to date on the Shovelnose Gold Project.
This program has extended the known vein system northwest into the gap between the FMN and Franz targets and has confirmed the vein system remains open to the northwest at Franz. Vein Zone 1 will continue to be the focus for the coming year, including step-out and infill drilling at South Zone.
Other targets tested last year, such as the Romeo target, where drilling encountered significant gold pathfinders, remain to be tested further. Prospecting and mapping in 2020 have also drawn attention to several targets within 2 kilometres southwest of Vein Zone 1, proximal to the Brookmere showing,” said Westhaven Exploration Manager Peter Fischl.
Highlights of the drill campaign include one hole of 5.99 metres which showed 2.36 grams of gold per tonne of material and 98.42 grams of silver per tonnes of material.
Westhaven is a gold-focused exploration company advancing discovery on the Shovelnose project.
The company controls 37,000 hectares with four 100 per cent owned gold properties spread along the belt.
Westhaven Gold is down 3.45 per cent on the day, with shares of the company trading at C$0.56 at 12:21 pm EST.
