Westhaven Drills 34.00 Metres of 1.21 G/T Gold, Including 1.00 Metre of 15.70 G/T Gold Extending Strike at Lear Zone; Mobilizes 3rd Drill to Shovelnose Gold Property

VANCOUVER, British Columbia, July 09, 2020 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce additional assay results from its ongoing 30,000 metre drill program. The Company has also added a third drill rig at its 17,623-hectare Shovelnose gold property to test several additional targets outside of the high-grade South Zone. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.

Ongoing 30,000 Metre Drill Program

• Hole SN20-65 (Lear Zone – Vein Zone 3) returned 34.00 metres (m) of 1.21 g/t gold (Au) and 3.68 g/t silver (Ag), including: 1.00m of 15.70 g/t Au and 77.50 g/t Ag within 200m of surface.
   
• Hole SN20-62 (Lear Zone – Vein Zone 3) returned 20.12m of 0.90 g/t Au and 2.17 g/t Ag, including: 0.45m of 8.7 g/t Au and 36.30 g/t Ag and 6.00m of 2.01 g/t Au and 2.85 g/t Ag.
   
• Hole SN20-64 (Lear Zone – Vein Zone 2) returned 6.00m of 1.57 g/t Au and 4.30 g/t Ag, including: 2.00m of 3.84 g/t Au and 6.85 g/t Ag within 110m of surface.
   
• The 3^rd drill rig is planned to be set up at Shylock target ~1.5 kilometres southeast of the South Zone discovery as the focus of this program is to test new drill targets. A drill is currently testing the Line 6 target with the 2^nd drill testing along strike north of the Lear Zone.
   
• The ongoing 30,000 metre drill program continues with data being analyzed from the recently announced Controlled Source Audio-frequency Magneto-Tellurics (CSAMT) survey. The survey covers a 3 x 5-kilometre area encompassing the South Zone to refine the higher priority targets and generate new targets.

Gareth Thomas, President & CEO of Westhaven stated: “We are encouraged with the first assay results since recommencing drilling at Shovelnose. These results build confidence in the continuity of gold mineralization between the South Zone and the high-grade gold intersected at the Lear Zone (SN20-56: 3.13m of 7.20 g/t Au). Preliminary results from the ongoing CSAMT geophysics survey have identified multiple anomalies that share similar geophysical characteristics to the South Zone. As our exploration efforts continue to expand the number of regional targets outside of the South Zone high-grade gold discovery area, the Company is mobilizing a 3^rd drill rig to begin drilling on July 15^th.”