Westhaven Drills 4.40 Metres of 5.85 g/t Gold and 18.41 g/t Silver Within 27.00 Metres of 1.74 g/t Gold and 5.88 g/t Silver at FMN Zone; Resumes Drilling at Shovelnose Gold Property

VANCOUVER, British Columbia, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce drill results from its ongoing, fully-financed drill campaign at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.

Westhaven is reporting assays for 5 holes from its ongoing drill campaign at Shovelnose. Westhaven completed 40,077 metres of diamond drilling in 2021. An additional 34 holes are pending assays.

Recent Drilling Highlights:

• SN21-188 (FMN: 58.45-116.25m)
  57.80 metres (m) of 0.76 g/t gold (Au) and 1.82 g/t silver (Ag),
  including 11.00m of 1.39 g/t Au and 6.62 g/t Ag.

• SN21-190 (FMN: 39.00-66.00m)
  27.00m of 1.74g/t Au and 5.88 g/t Ag,
  including 4.40m of 5.85 g/t Au and 18.41 g/t Ag,
  and including 1.00m of 12.30 g/t Au and 35.40 g/t Ag.

• SN21-191 (FMN: 23.00-87.00m)
  64.00m of 0.69 g/t Au and 1.64 g/t Ag,
  including 1.00m of 14.00 g/t Au and 5.64 g/t Ag.

Please click the following link to the 2021 drill database table of assay results:
https://www.westhavengold.com/projects/shovelnose-gold/maps/

Peter Fischl, Exploration Manager, comments: “Drilling continues to intersect gold mineralization along Vein Zone 1 at the FMN target, 1.5 to 2km northwest of the recently released South Zone in-pit resource. Drilling here is following up on last year’s high grade intercept in hole SN21-161 (9.15 g/t Au over 15.97m). This drilling has now encountered mineralization over a strike length of 480 metres (from hole SN20-139 northwest to hole SN21-167), over a vertical range of 270 metres, starting at the top of bedrock in an area of minimal glacial till cover . Overburden is no more than 30m deep over this mineralized strike length at FMN. Vein Zone 1 broadens up-dip, near surface, with true widths of up to 40m as seen in hole SN21-188 (0.76 g/t Au over 57.8m). Drilling has resumed at the FMN zone with a view to targeting higher-grade mineralization at the preferred elevation range of 1200 to 1400m over an area extending southeast towards hole SN20-139 and northwest towards and beyond hole SN21-167.”