Westhaven Gold Corp. Files Technical Report for the Shovelnose Gold Project
31 August 2023 - 11:00PM
Westhaven Gold Corp. (TSX-V:WHN) announces that
the Company has filed an independent Technical Report prepared in
accordance with National Instrument 43-101 -- Standards of
Disclosure for Mineral Projects supporting the Preliminary Economic
Assessment (PEA) at its 17,623-hectare Shovelnose Gold Property, as
reported in the Company’s news release dated July 18th, 2023 (Link:
July 18, 2023 News Release). Shovelnose is located within the
prospective Spences Bridge Gold Belt (SBGB), which borders the
Coquihalla Highway approximately 30 kilometres south of Merritt,
B.C.
The PEA is considered by P&E Mining
Consultants Inc. to meet the requirements as defined in Canadian
National Instrument 43-101 Standards of Disclosure for Mineral
Projects. This PEA is preliminary in nature and includes Inferred
Mineral Resources that are considered too speculative geologically
to have the economic considerations applied to them that would
enable them to be classified as Mineral Reserves, and there is no
certainty that the PEA will be realized. Mineral Resources are not
Mineral Reserves and do not have demonstrated economic viability.
There is no guarantee that Westhaven Gold Corp. will be successful
in obtaining any or all of the requisite consents, permits or
approvals, regulatory or otherwise, for the project to be placed
into production. The PEA has an effective date of July 18th, 2023,
and the report is dated August 31st, 2023.
The Technical Report can be found on SEDAR
(www.sedar.com) and the Company's website
(https://www.westhavengold.com/ ).
On behalf of the Board of DirectorsWESTHAVEN GOLD
CORP.
"Gareth Thomas”
Gareth Thomas, President, CEO & Director
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.
About Westhaven Gold Corp.
Westhaven is a gold-focused exploration company
advancing the high-grade discovery on the Shovelnose project in
Canada’s newest gold district, the Spences Bridge Gold Belt.
Westhaven controls 37,000 hectares (370 square kilometres) with
four 100% owned gold properties spread along this underexplored
belt. The Shovelnose Property is situated off a major highway, near
power, rail, large producing mines, and within commuting distance
from the city of Merritt, which translates into low-cost
exploration. 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.westhavengold.com.
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