Westhaven Commences Summer Program and Provides Exploration Update on Spences Bridge Gold Belt Projects

VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce the start of summer exploration activities on its four 100% owned gold projects covering 61,512 hectares of the prospective Spences Bridge Gold Belt (SBGB) in Southern British Columbia. Current field work includes prospecting, mapping, and geochemical sampling, with a 3,000m exploration drill program, testing exploration targets at Shovelnose, expected to start in June.

Ken Armstrong, President & CEO of Westhaven, stated, “Located in a region of southern British Columbia with well established transportation and power infrastructure and current mining activity, Westhaven’s Spences Bridge Gold Belt properties are a unique Canadian gold exploration and development opportunity. With the recent closing of a $4.6M private placement financing, Westhaven is well positioned to advance all four properties and build on the recent preliminary economic assessment of a potential high grade, high margin underground gold mining opportunity at the Shovelnose property (please see news release dated March 3^rd, 2025 for details).”

Mr. Armstrong continued, “Prospecting, mapping and geochemical sampling programs are currently underway at Shovelnose as well as the Skoonka North, Skoonka, and Prospect Valley properties with the goal of discovering and defining gold targets for future drill testing. A 3,000m summer exploration drilling program is expected to start at Shovelnose in June, continuing work to discover gold mineralization outside of the gold deposits that were the subject of the PEA. As also reported today, recent drilling of the Certes and Corral targets has confirmed that multiple, preserved epithermal systems are located within the Shovelnose property and the potential for discovery of additional significant gold mineralization remains high.”

2025 Regional Exploration of the Spences Bridge Gold Belt Properties

Field exploration activities are well underway at Westhaven’s Skoonka North, Skoonka and Prospect Valley properties. All three properties host low-sulphidation epithermal gold-silver mineralisation and significant potential for new discoveries based on the presence of favourable host rocks, prominent structures conducive to fluid migration, mineralized float boulders, anomalous stream sediment and gold-in-soil anomalies, and prominent multi-element pathfinder halos within exposed and drilled bedrock samples. Anomalous concentrations of pathfinder elements associated with epithermal mineralization commonly form a larger alteration halo around more restricted gold and silver mineralization, and can help prioritize and focus exploration in the field.