Westhaven Gold Corp. Exploration Update
Westhaven Gold Corp. (TSX-V: WHN) is thrilled to share an update on its exploration activities at the vast 10,927 hectare Prospect Valley gold property. This location is part of the esteemed Spences Bridge Gold Belt (SBGB), which is recognized for its significant mineralization potential.
Highlights of Recent Exploration
Fieldwork is actively underway at Prospect Valley. Preliminary results from extensive silt sampling across the property have produced impressive assay results, with 14 out of 53 samples showing gold concentrations exceeding 100ppb, including a peak of 985ppb Au. Moreover, a float sample revealed high levels of tungsten (1,170ppm) and molybdenum (over 10,000ppm), indicating a new style of mineralization. During prospecting, several areas featuring quartz veinlets were also discovered, and assay results for these will be available soon.
Drilling Prospects
A drill permit for the Bonanza Target is currently under review. This area has not been explored before, yet it has recently yielded high-grade quartz vein and float samples, with assays reaching up to 43.34 g/t Au. The Bonanza Target, along with other significant zones like the Discovery Zones and the Northeast Extension, highlights the extensive potential of the property.
Overview of the Prospect Valley Property
Previous exploration efforts at Prospect Valley have uncovered numerous gold-bearing epithermal quartz veins and breccia float boulders. Within a two-square kilometer area, the highest assay recorded is 43.34 g/t Au. However, the source of these high-grade samples remains unidentified. Earlier drilling at various zones has intercepted high-grade gold, which raises optimism for future discoveries.
Historical Drilling Insights
Past drilling results of note 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 significant results were also noted in DDH-2007-01, DDH-2007-02, and PV16-04.
In 2020, Westhaven conducted a ground magnetic survey over the Bonanza Target to assist with the drill permit application. The initial phases of exploration in 2024 commenced with stream silt sampling, rock lithogeochemical surveys, and detailed prospecting in previously untested areas.
Innovative Sampling Techniques
The initial results from the first set of stream sediment samples collected in 2024 have shown strongly anomalous gold values, with 14 sites surpassing 100ppb gold, including an exceptional 985ppb from a previously unsampled creek. These findings indicate the need for further exploration across at least seven drainages known to contain mineralization. The program will include additional silt sample collections to follow up on both recent and historical anomalies.
Emerging Mineralization Styles
A float sample displaying quartz veins has returned high levels of tungsten and molybdenum, suggesting a mineralization style that differs from low sulphidation epithermal targets. Ongoing prospecting and rock sampling efforts will continue to explore both untested areas and recent significant findings.
Challenges in Exploration
Westhaven's summer exploration activities for its Skoonka and Skoonka North properties have been delayed due to ongoing wildfires in the area. The safety of the workforce and minimizing environmental impact remain top priorities for Westhaven.
Company Information
Westhaven Gold Corp. is dedicated to advancing high-grade gold discoveries in Canada. With a strategic focus on the Spences Bridge Gold Belt, the company manages 60,950 hectares of land, which includes four gold properties that are well-positioned for low-cost exploration due to their proximity to major highways and power sources. For further information, please contact 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.
