Westhaven Gold Corp. (TSXV:WHN) has identified wide gold zones in drill results from its ongoing drill campaign at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.
Highlights include:
- SN22-238 intersected 1.51 g/t gold (Au) and 8.47 g/t silver (Ag) over 76.98 metres (m) at the FMN Zone, starting at 24m below surface. Gold-silver mineralisation at FMN has now been intersected over a strike length of approximately 500m, and to a vertical extent of up to 220m. A combination of near surface, broad intervals of gold-silver mineralisation well above the cut-off grade in the South Zone initial maiden resource, as well as high grade intervals (SN22-212: 857.64 gram-metres gold), are all evident.
- SN22-236 intersected 1.08 g/t Au and 4.44 g/t Ag over 40.00m at the Alpine Zone extending Vein 2 mineralisation, including 1.17m of 15.40 g/t Au and 73.50 g/t Ag. Recent drilling at Alpine has now been completed on four 50m-spaced sections covering a strike length of 150m along Vein Zone 2. This tighter drilling, which now covers a total strike length of 1 kilometre over Vein Zone 2, continues to intersect gold-silver mineralization. The gold-silver mineralization here is near surface.
- SN22-240 intersected 3.47 g/t Au and 5.04 g/t Ag over 24.89m at the FMN Zone, including 39.67 g/t Au and 30.38 g/t Ag over 2.02m.
- FMN Zone is over two kilometres northwest of the South Zone resource area. Given the strong nature of this system, and the low drill density in this area, management believes there will be more high-grade shoots and broad intervals of potentially bulk tonnage gold mineralisation discovered along this ~4-kilometre trend.
- Vein Zones 1 and 2 will be targeted for further drilling over the 1km length between FMN and Alpine, where drilling is limited to shallow historic holes and more recent, broadly spaced step outs.
- Westhaven has drilled approximately 21,000m over 70 holes at Shovelnose in 2022. The Company is on pace to drill ~40,000 metres by year end and will look to have an updated resource estimate, including the FMN and Alpine Zones, by Q1, 2023.
“Systematic drilling of Vein Zone 1 at the FMN Zone has again successfully intersected gold-silver mineralisation,” Gareth Thomas, President and CEO, said.
“These results confirm continuity of both high-grade and bulk tonnage style gold over a wide area, which remains open in all directions. Similarly, the Alpine Zone has been expanded with the intercept of 1.08 g/t Au and 4.44 g/t Ag over 40.00m, extending Vein 2 mineralisation by 150 metres.
}Management is confident that these areas can contribute significantly towards growing the property’s 1.1 million ounce gold equivalent mineral resource estimate.”
Exploration Manager Peter Fischl, said drilling at Shovelnose continues at the FMN and Alpine target areas this year.
“Tighter spaced drilling over Vein Zone 2 at the Alpine target area has intersected significant widths of gold-silver mineralisation above the cut-off grade of the open pit maiden resource released earlier this year for the adjacent South Zone target area immediately southeast of Alpine,”
“The shallow and very gently dipping nature of Vein Zone 2 here adds to the open pit potential of the Alpine target area. The mineralisation uncovered in the tighter drilling here may have a positive impact to any update to the maiden open pit resource. Infill and step out drilling at FMN continue to yield significant gold intersections in Vein Zone 1 and in post mineral heterolithic breccias that cut Vein Zone 1.
“The most recent results confirm that the post mineral breccias at FMN can host mineralisation over significant widths at shallower levels (e.g.: 0.46 g/t Au over 29.08m in SN22-240, 1.16 g/t Au over 42.17m in SN22-211). The breccias are now considered a secondary target that can add to the bulk tonnage potential at FMN.”
For further information please visit: https://www.westhavengold.com
