Westhaven Drills 24.95 Metres of 14.66 g/t Gold and 35.52 g/t Silver, Including 0.66 Metres of 280 g/t Gold And 222 g/t Silver at Shovelnose

VANCOUVER, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce results from its 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.

Gareth Thomas, Westhaven's President & CEO, stated, “Drill step-outs continue to intersect high-grade gold near surface at the Franz Zone. Drilling is planned to the northwest of these intercepts as we continue to chase this mineralization along strike. A drill is currently turning at the new and undrilled Kirton target, which is located 2 kilometres from the Zone One Trend. Westhaven’s fully financed 2023 exploration program includes testing targets off the main Zone One Trend, including the Kirton, Romeo and Hydrothermal Breccia No.2 targets.”

Westhaven is reporting assays for 4 holes from its drill campaign at Shovelnose. An additional 6 holes are in the lab pending assays.

Recent Highlights:

• SN23-337 : Franz
  • (21.25 – 46.2m) 24.95 metres (m) of 14.66 g/t gold (Au) and 35.52 g/t silver (Ag),
    including 13.0m of 27.25 g/t Au and 52.44 g/t Ag,
    including 0.66m of 280 g/t Au and 222 g/t Ag.
  • (60.0 – 75.9m) 15.9m of 1.49 g/t Au and 27.69 g/t Ag,
    including 2.0m of 6.55 g/t Au and 101.3 g/t Ag.

• SN22-335 : Franz
  • (29.0 – 43.33m) 14.33m of 1.59 g/t Au and 2.7 g/t Ag,
    including 1m of 16.3 g/t Au and 4.8 g/t Ag.
    
  • (111.38 – 114.73m) 3.35m of 3.08 g/t Au and 3.27 g/t Ag,
    including 1.16m of 7.2 g/t Au and 4.29 g/t Ag.

• SN23-336 : Franz
  • (32.05 – 49.04m) 16.99m of 1.01 g/t Au and 15.94 g/t Ag,
    including 3.0m of 2.76 g/t Au and 40.76 g/t Ag.
  • (88.0 – 92.0m) 4.0m of 1.71 g/t Au and 35.49 g/t Ag,
    including 0.74m of 6.29 g/t Au and 107 g/t Ag.

For a table of recent results please click here: http://www.westhavengold.com/_resources/shovelnose/Shovelnose-Drilling ...
*Drilling data to date is insufficient to determine true width of mineralization.

Shovelnose Spring Drill Program

Westhaven’s Spring drilling program has focused on three targets on Shovelnose, the Franz target at the northwest end of main Vein Zone 1 trend, and at two targets beyond this trend, the Hydrothermal Breccia No. 2 target to the northeast, and the Kirton target to the southwest. The Franz drilling saw the completion of three shorter holes at the Franz showing and a longer broad step out to the northwest. The three shorter holes were drilled on two sections at the Franz showing and returned 14.66 g/t Au over 24.95m in hole SN23-337, a 25m step out northwest of hole SN22-333 (39.42 g/t Au over 12.0m). Hole SN23-338, the fourth broad step out to the northwest, was drilled as a near surface test of the Zone One Trend 390m northwest of the Franz showing but failed to intersect the zone because of the unexpected thickening of the glacial till cover. An undercut is being planned for this target.