Westhaven Gold Strengthens Leadership Team and Incentives

Westhaven Gold Corp. Appoints New Exploration Leaders

Westhaven Gold Corp. is excited to announce the appointment of highly qualified leaders to its exploration team. With these strategic appointments, the company aims to bolster its exploration capabilities and accelerate its path toward future discoveries.

Introducing Key Appointments at Westhaven

Robin Hopkins, a seasoned geologist with nearly 40 years of experience, steps into the role of Vice-President of Exploration. His extensive background includes working throughout Canada, Greenland, and southern Africa. Since early 2020, Mr. Hopkins has been providing crucial technical insights to Westhaven, particularly regarding the valuable properties located in the Spence’s Bridge Gold Belt.

Robin Hopkins’ Professional Background

Before joining Westhaven, Hopkins held significant positions, including Vice-President of Exploration at Stornoway Diamond Corporation. He played a key part in various successful projects, including the discovery of the Diavik Diamond Project pipes, which are pivotal in the diamond mining sector. His academic foundation includes a degree in Earth Sciences from the University of Waterloo, equipping him with both theoretical knowledge and practical expertise.

New Chief Geologist Appointment

Peter Fischl replaces the Exploration Manager role to take up the position of Chief Geologist within Westhaven. With a notable focus on the South Zone high-grade epithermal gold-silver deposit on the Shovelnose Gold Property, his leadership has already resulted in significant advancement in the company's exploration efforts. Fischl’s expertise extends over two decades, with experience exploring epithermal gold deposits across international platforms, enhancing Westhaven's competitive edge.

Recognition and Contributions

Fischl's accomplishments include receiving the prestigious H.H. “Spud” Huestis Award in 2019. This honor highlights his remarkable contributions to mining in British Columbia and the Yukon Territory. His previous explorations at renowned sites such as Kupol/Dvoinoye in Russia have prepared him to lead Westhaven into its next phase of geological exploration.

Incentive Stock Options Granted

In a further move to motivate its team, Westhaven has granted 3,500,000 incentive stock options to its directors, officers, and consultants. These options, part of a 10% Rolling Equity Incentive Plan approved by shareholders, feature an attractive exercise price of $0.15 per share. The immediate vesting of some options underlines the company’s commitment to align the interests of its leadership with those of its shareholders.

Details of the Stock Option Plan

The newly granted stock options come with a timeline that includes immediate vesting for 600,000 options allocated to directors, while the remaining 2.9 million options will vest over the next 18 months. This structure encourages long-term commitment and strategic growth, ensuring that those at the helm are heavily involved in the ongoing success of Westhaven Gold Corp.

Westhaven Gold's Future Prospects

As a dedicated gold exploration entity, Westhaven Gold Corp. is making strides in the Spenc’s Bridge Gold Belt, one of Canada’s emerging gold districts. The company holds approximately 61,512 hectares of mineral rights, which offer significant exploration potential. Its flagship Shovelnose property benefits from proximity to essential infrastructure like highways, railways, and power sources, promising a lower cost of exploration.

Contact and Additional Information

Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. This strategic positioning underscores its dedication to enhancing shareholder value and advancing its exploration projects. For detailed insights into its ongoing projects and initiatives, please reach out at 604-681-5558 or visit the company's website for up-to-date information.

Frequently Asked Questions

What are the new positions appointed at Westhaven Gold Corp.?

Westhaven Gold Corp. has appointed Robin Hopkins as Vice-President of Exploration and Peter Fischl as Chief Geologist.

What experience does Robin Hopkins bring to Westhaven?

Robin Hopkins has nearly four decades of experience in geology and has previously worked for Stornoway Diamond Corporation.

What incentive plans has Westhaven put in place?

Westhaven has granted 3,500,000 incentive stock options to its directors and officers as part of its Rolling Equity Incentive Plan.

Where is Westhaven Gold Corp. focusing its exploration efforts?

The company is concentrating on the Spenc’s Bridge Gold Belt, a developing gold region in Canada.

How can I get more information on Westhaven Gold Corp.?

For more information, you can call Westhaven at 604-681-5558 or visit their official website.

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