Westhaven Ventures Inc.

Published : July 24th, 2012

Completes Initial Work Program On Its Ben Gold Property And Stakes An Additional 1,200 Hectares

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Keywords :   Antimony | Gold | Mercury | Silica |

WESTHAVEN COMPLETES INITIAL WORK PROGRAM ON ITS BEN GOLD PROPERTY AND STAKES AN ADDITIONAL 1,200 HECTARES

Vancouver, B.C. - July 24, 2012 - Westhaven Ventures Inc. (WHN-TSX:V) is pleased to announce that it has completed the first phase of work on its BEN gold property, located approximately 50 km northeast of Williams Lake, British Columbia.  The Company has staked an additional 1,200 hectares of prospective geology, bringing the total BEN land package to 14,576 hectares (145.76 km,sup2).

"This first phase of exploration at the BEN gold property was successful in detecting further drill targets for the upcoming drill program. We�ve also expanded the area of interest considerably through the discovery of a new mineralized area that produced encouraging assay values in both gold and pathfinder elements.� stated Shaun Pollard, CFO and Director.

A total of 12 line kilometres of widely spaced Induced Polarization (IP) surveys were completed over geochemical soil and rock anomalies identified by prior explorers. Furthermore, mapping and prospecting were carried out leading to the collection of numerous rock and soil samples. Encouraging results from both the IP survey and geochemical samples have helped to enhance drill targets.

Several outcrops of intensely silicified meta-volcanics with listawanite and mariposite (all positive features that may be associated with gold mineralization) were discovered just off the original BEN claim package on open ground, which has since been staked by Westhaven. The new zone is located approximately 8 kilometres to the southeast of the Main showing, which has increased the potential of the property along strike. Surface grab samples in this new area returned assays up to 69 ppb Au, 865 ppm As and 7532 ppb Hg. Grab sample assays from the program include:

Main Showing

Sample #
Arsenic (As)
Gold (Au)
Antimony (Sb)
Mercury (Hg)
121298
870 ppm
103 ppb
85 ppm
697 ppb
121300
758 ppm
156 ppb
115 ppm
1675 ppb
121301
960 ppm
78 ppb
39 ppm
703 ppb
121304
1619 ppm
84 ppb
544 ppm
1149 ppb
121305
783 ppm
171 ppb
126 ppm
744 ppb
121306
830 ppm
102 ppb
75 ppm
1391 ppb

New Showing

121310
851 ppm
42 ppb
114 ppm
7532 ppb
121253
662 ppm
69 ppb
90 ppm
5940 ppb

"Volatile elements such as arsenic and mercury are frequently used as pathfinder elements in geochemical exploration for deeper seated gold deposits. We're encouraged by these analytical values  and look forward to following up on a second phase of work." stated Victor Tanaka, P.Geo and Director.

Upcoming Plans

Westhaven's intention is to follow up recent work with additional prospecting, sampling and mapping with a view to drilling once the necessary permits are in place.

BEN Gold Property

The property is extensively overburden covered, however anomalous gold values in soils up to 650 ppb occur sporadically over a 6 kilometre strike length and 400 metre width. The Main Zone on North Ben Creek shows several stages of silica flooding quartz veining, and re-brecciation. In-situ rock samples from the Main Zone quartz-carbonate breccia returned rock chip results of 220 ppb Au, 573 ppm As, 249 ppm Sb, 1900ppb Hg and 981 ppm Ni.

Geological references suggest similarities exist between the Main Zone and major gold bearing areas in British Columbia including Atlin and the Bralorne gold camp. There is also similarity in alteration and structure with gold bearing areas of the Motherlode trend of Southern California. All have strong listwanite alteration zones as well as dominant structural trends. Please refer to Westhaven's website (http://westhavenventures.com/projects/ben_property/) for more information on the 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 and BEN projects in British Columbia. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN.

For further information, please contact Gareth Thomas at 604-681-5558 or visit Westhaven's website at www.westhavenventures.com 

Qualified Person Statement

V.A. Tanaka, 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.

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$ 19.7 millions as of today (US$ 15.5 millions, € 13.7 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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