Westhaven Ventures Inc.

Published : May 31st, 2016

Commences Drilling On Its Shovelnose Gold Property

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Keywords :   Canada | Diamond | Gold | K Street | Nickel | Silver | Target |

Westhaven Commences Drilling On Its Shovelnose Gold Property

Vancouver, B.C. � May 31st, 2016 � Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce drilling has begun on its 19,012 hectare Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 30 km south of Merritt, British Columbia.

The drill program will consist of approximately 1,500 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 where a sub horizontal near surface zone grading 0.54 g/t Au and 4.77 g/t Ag over 50.4 metres, which includes 13.7 metres grading 0.91 g/t Au and 6.65 g/t Ag, was intersected.

Previous drilling at the Tower Zone identified a 50 meter thick near surface horizontal low-grading gold zone situated high in the epithermal system.  This drill program will attempt to identify a higher grading feeder zone and test it to depth. The Alpine Zone, delineated as a 1,200 m long northerly trending chargeability anomaly was discovered in 2015 by a geophysical IP survey.  The anomaly was tested by one drill hole in 2015 identifying a near surface horizontal gold zone similar to the Tower Zone; grading 0..23 g/t Au over 44 metres.  The 2016 drill program will test this anomaly along strike and to depth.

Shovelnose Gold Property Overview

To date, 31 drill holes (2 were abandoned in overburden) have been Diamond drilled for a cumulative total of 4,498 metres, in four separate target areas. Gold and silver mineralization, associated with quartz veining and silicification, has been encountered in all 24 holes. In addition, there is evidence of a significant mineralized alteration system within the property where float samples grading 119 g/t Au (Gold) and 273 g/t Ag (Silver), veins in trenching grading 66 g/t Au and wide low grade alteration zones typical of epithermal gold deposits have been discovered.  

Please refer to the Shovelnose Project page on our website for further information and drill hole locations.  www.westhavenventures.com/projects/shovelnose_gold_property/

On behalf of the Board of Directors
WESTHAVEN VENTURES INC.

"Gareth Thomas"

Gareth Thomas, Director

About Westhaven Ventures Inc.

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose gold, Prospect Valley gold, and Ben South nickel projects in British Columbia. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further information, please call 604-681-5558 or visit Westhaven's website at www.westhavenventures.com    

Qualified Person Statement

L. John Peters, P.Geo., who is a Qualified Person within the context of National Instrument 43-101 has read and takes responsibility for this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

1056 - 409 Granville Street Vancouver, B.C. Canada V6C 1T2

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Westhaven Ventures Inc.

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Westhaven Ventures is a gold exploration company based in Canada.

Its main exploration property is SHOVELNOSE in Canada.

Westhaven Ventures is listed in Canada. Its market capitalisation is CA$ 11.5 millions as of today (US$ 8.4 millions, € 7.9 millions).

Its stock quote reached its lowest recent point on January 29, 2016 at CA$ 0.04, and its highest recent level on January 04, 2019 at CA$ 1.41.

Westhaven Ventures has 52 410 000 shares outstanding.

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Financings of Westhaven Ventures Inc.
10/21/2013Westhaven Announces Non-Brokered Private Placement
6/7/2013Westhaven Closes Private Placement
5/16/2013$200,000 Non-Brokered Private Placement Fully Subscribed
10/9/2012Announces Non-Brokered Private Placement
Project news of Westhaven Ventures Inc.
10/22/2013Commences Inaugural Drill Program on its Ben Gold Property
9/17/2013Corporate Update: Westhaven To Drill The Ben Gold Property
6/26/2013(Shovelnose)Completes First Phase Of Drilling On Its Shovelnose Gold Pro...
6/3/2013(Shovelnose)Commences Drilling On Its Shovelnose Gold Property
11/13/2012(Shovelnose)Commences Drilling On Its Shovelnose Gold Project
7/24/2012Completes Initial Work Program On Its Ben Gold Property And ...
5/29/2012Commences Work On Its Ben Gold Property
2/28/2012Westhaven To Acquire 100% Of B.C. Gold Exploration Property
10/13/2011(Shovelnose)Commences Drilling On Its Shovelnose Gold Property
Corporate news of Westhaven Ventures Inc.
5/2/2016(Shovelnose)Westhaven To Drill Shovelnose And Prospect Valley Gold Prope...
11/13/2013(Shovelnose)Provides Exploration Update; Assays 16 G/T Gold in Grab Samp...
8/20/2013Shareholders Approve All Motions Put Forth at AGM
7/30/2013(Shovelnose)Expands Zone of Gold-Silver Mineralization on its Shovelnose...
4/3/2013(Shovelnose)Corporate Update: Westhaven To Drill Shovelnose And Ben Gold...
1/9/2013(Shovelnose)Drills 50.4 m of 0.54 g/t Au and 4.77 g/t Ag on its Shovelno...
1/31/2012(Shovelnose)Westhaven Reports Results From Initial Drill Program At Shov...
1/11/2012(Shovelnose)Westhaven Stakes Additional Claims At Shovelnose
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