Westhaven Ventures Inc.

Published : July 18th, 2017

Commences Exploration on Its Skoonka Creek Gold Property

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Westhaven Commences Exploration on Its Skoonka Creek Gold Property

Vancouver, B.C. � July 18, 2017 � Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce that exploration has commenced at its Skoonka Creek gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 15 km north of Lytton, British Columbia.

  • The newly acquired 2,783 ha Skoonka Creek gold property is an epithermal-style exploration target that covers prospective stratigraphy in the northern SBGB, a 110 km northwest-trending belt of intermediate to felsic volcanic rocks of the Cretaceous Spences Bridge group.
  • The discovery of coarse placer gold at the confluence of the Nicoamen and Thompson Rivers in 1857 sparked a gold rush that a year later drew an estimated 20,000 prospectors. This initiated the Fraser River gold rush. In 2005, Strongbow Exploration drilled 20.2 g/t gold over 12.8 metres confirming the presence of high grade epithermal gold mineralization at the Skoonka Creek gold property and the Spences Bridge Gold Belt (SBGB).
  • Subsequent to 2007, limited drilling and exploration indicates that mineralization encountered to date represents the upper portions of a shallowly eroded low sulphidation epithermal system, with good potential to discover more consistent and higher gold grades at greater depths.

Shaun Pollard, Director & CFO of Westhaven stated, �We are excited to begin the 2017 field season at the Skoonka Creek gold property in preparation for a drill program. This project has previously produced world-class drill intersections and has the potential to host a major gold discovery.�

Preliminary Fieldwork

Preliminary fieldwork has been focused on the JJ-West prospect, the possible westward continuation of the high-grade JJ Zone. Additional soil sampling has extended this grid by 500 metres west to test for the continuation of the previously defined area of anomalous soil geochemistry. The newly collected soil samples will be processed for multi-element analysis.

Geological mapping and prospecting carried out over the new soil grid has uncovered two areas of quartz veining.  The more significant of the two is roughly on trend with the JJ Zone to the east. Rock samples have been collected for assay from the two areas of quartz veining.

Please further information please visit: http://westhavenventures.com/projects/skoonka-creek-gold/details/

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, Prospect Valley and Skoonka gold 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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CODE : WHN.V
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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$ 8.6 millions as of today (US$ 6.4 millions, € 5.7 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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