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Westhaven Ventures Inc
Symbol WHN
Shares Issued 27,081,679
Close 2014-08-08 C$ 0.09
Market Cap C$ 2,437,351
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Westhaven Ventures starts 600 m drilling at Shovelnose

2014-09-02 11:52 ET - News Release

Mr. Gareth Thomas reports

WESTHAVEN COMMENCES DRILLING ON ITS SHOVELNOSE GOLD PROPERTY

Westhaven Ventures Inc. has begun drilling on its 18,412-hectare Shovelnose gold property, located within the prospective Spences Bridge gold belt (SBGB), approximately 30 kilometres south of Merritt, B.C.

The drill program will consist of approximately 600 metres of diamond drilling with the goal to further expand and outline the extent of the newly recognized epithermal gold system present on the property. Drilling to date has expanded a highly anomalous silicified zone or cap when a subhorizontal near-surface zone grading 0.54 gram per tonne gold and 4.77 grams per tonne silver over 50.4 metres, which includes 13.7 metres grading 0.91 gram per tonne gold and 6.65 grams per tonne silver, was intersected in 2012.

Shovelnose gold property overview

To date, 20 drill holes (two were abandoned in overburden) have been diamond drilled for a cumulative total of 2,427 metres, in three separate target areas. Gold and silver mineralization, associated with quartz veining and silicification, have been encountered in all 18 holes. In addition, there is evidence of a significant mineralized alteration system within the property, where float samples grading 119 grams per tonne gold and 273 grams per tonne silver, veins in trenching grading 66 grams per tonne gold, and wide low-grade alteration zones typical of epithermal gold deposits have been discovered.

The 18,412-hectare Shovelnose gold property is a gold-silver epithermal-style exploration target that covers prospective stratigraphy in the southern Spences Bridge gold belt, a 110-kilometre northwest-trending belt of intermediate to felsic volcanic rocks of the Cretaceous Spences Bridge group. Westhaven is currently working to earn up to a 70-per-cent interest in the property from Strongbow Exploration Inc., a TSX Venture Exchange-listed company.

Please refer to the Shovelnose project page on the company website for further information and drill hole locations.

Qualified person statement

L. John Peters, PGeo, who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this release.

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