Westhaven Gold Corp. Exploration Progress at Prospect Valley
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Westhaven Gold Corp. Exploration Update
Westhaven Gold Corp. (TSX-V: WHN) is excited to announce its exploration update concerning the expansive 10,927 hectare Prospect Valley gold property. This site is situated in the highly regarded Spences Bridge Gold Belt (SBGB), known for its substantial mineralization potential.
Highlights of Recent Exploration
Fieldwork is currently in progress at Prospect Valley. The preliminary results gathered from property-wide silt sampling have yielded significant assay outcomes, with 14 out of 53 samples returning gold concentrations greater than 100ppb, peaking at 985ppb Au. Additionally, a float sample showing high concentrations of tungsten (1,170ppm) and molybdenum (greater than 10,000ppm) suggest the presence of a new mineralization style. During prospecting, various zones featuring quartz veinlets were also identified, and assays results are forthcoming.
Drilling Prospects
A drill permit for the Bonanza Target is currently under review. This target is a previously unexplored area where high-grade quartz vein and float samples have been recently discovered, returning assays up to 43.34 g/t Au. The Bonanza Target alongside other notable zones such as Discovery Zones and the Northeast Extension showcases the extensive potential of the property.
Overview of the Prospect Valley Property
The historical exploration activities at Prospect Valley led to the identification of numerous gold-bearing epithermal quartz vein and breccia float boulders. Over a two-square kilometer area, the best sample has demonstrated an assay of 43.34 g/t Au. However, the source of these high-grade samples remains undetermined. Previous drilling efforts at various zones have intercepted high-grade gold, raising optimism about the prospects of further discoveries.
Historical Drilling Insights
Highlighted past drilling results include:
- DDH-2006-21, which returned 45.70 meters of 1.57g/t Au, including 4.60m averaging 4.38g/t Au.
- DDH-2007-05, yielding 6.71m of 3.62 g/t Au, with a peak of 12.20 g/t Au over 1.33m.
- Other noteworthy drill results include significant intercepts of gold in DDH-2007-01, DDH-2007-02, and PV16-04.
In 2020, Westhaven conducted a ground magnetic survey over the Bonanza Target to support the drill permit application. The initial phases of exploration in 2024 began with stream silt sampling, rock lithogeochemical surveys, and detailed prospecting in previously untested areas.
Innovative Sampling Techniques
The results from the first set of stream sediment samples collected in 2024 reveal strongly anomalous gold values, with 14 sites exceeding 100ppb gold. This included an exceptional 985ppb from a previously unsampled creek. Furthermore, the findings suggest the necessity for additional exploration across at least seven drainages that host known mineralization. The program incorporates further silt sample collection as follow-ups to both recent and historic anomalies.
Emerging Mineralization Styles
Notably, a float sample exhibiting quartz veins returned high levels of tungsten and molybdenum, hinting at a mineralization style distinct from low sulphidation epithermal targets. Continued prospecting and rock sampling efforts will follow up on both unexplored areas and recent notable results.
Challenges in Exploration
Westhaven's summer exploration activities for its Skoonka and Skoonka North properties have been postponed due to ongoing wildfires in the region. The safety of the workforce and ensuring minimal environmental impact remains a priority for Westhaven.
Company Information
Westhaven Gold Corp. is committed to advancing high-grade gold discoveries in Canada. With a strategic focus on the Spences Bridge Gold Belt, the company controls 60,950 hectares of land, which includes four gold properties conducive to low-cost exploration due to proximity to major highways and power sources. For more information, reach out to 604-681-5558.
Frequently Asked Questions
What recent findings were reported by Westhaven Gold Corp.?
Westhaven reported significant gold assays from silt sampling at the Prospect Valley property, with 14 samples exceeding 100ppb gold.
What is the status of the drill permit for the Bonanza Target?
The drill permit for the Bonanza Target is currently pending review.
What highlights were found in Westhaven's historical drilling records?
Historical drilling has returned notable gold grades, such as 43.34 g/t Au from a float sample and several significant intercepts in past drill holes.
What are the ongoing exploration activities for Westhaven Gold Corp.?
Ongoing activities include silt sampling, rock lithogeochemical surveys, and detailed prospecting across various locations within Prospect Valley.
What impact have wildfires had on Westhaven's exploration plans?
Westhaven has postponed its summer exploration activities for the Skoonka properties due to ongoing wildfires affecting the area.
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