About Westhaven Gold
Westhaven is a gold and silver focused exploration and development company targeting low sulphidation, high-grade, epithermal style gold and silver mineralization within the Spences Bridge Gold Belt in southern British Columbia. Westhaven controls ~60,263 hectares within four gold properties spread along this underexplored belt.
The Shovelnose gold project is the most advanced property, with a recently updated 2025 Preliminary Economic Assessment that validates the project’s potential as a robust, low-cost and high-margin 11-year underground gold mining opportunity with average annual life-of-mine production of 56,000 ounces gold and 313,000 ounces silver with a CDN$454 million after-tax net present value (at a 6% discount rate) and 43.2% IRR (base case parameters of US$2,400 per ounce gold, US$28 per ounce silver and CDN/US$ exchange rate of CDN$1.00=US$0.72).1
Latest News
Capital Structure (as of January 13, 2026)
| Shares Outstanding | 259,158,718 |
| Shares Fully Diluted | 309,591,365 |
| Market Capitalization | ~$68M |
| Daily Average Volume (50 day) | ~400,000 |
| Cash Position (as of September 30, 2025) | $4.0M |
*All figures in Canadian Dollars
Project Overview
SBGB (Spences Bridge Gold Belt)
NI43-101 Technical Report on SBGB Group of WHN Gold Properties (30 MB)
The SBGB is a 110 km northwest-trending belt of intermediate to felsic volcanic rocks dominated by the Cretaceous Spences Bridge group. These relatively underexplored volcanic rocks are highly prospective for epithermal style gold mineralization.
Westhaven controls ~61,512 hectares (~615 square kilometres) with four 100% owned gold properties spread along this underexplored belt.
- Shovelnose
- Prospect Valley
- Skoonka
- Skoonka North
Given the projects proximity to large producing mines, highways, power, rail and expertise, exploration costs are in the lowest quartile.
GEOLOGY: Geological and structural setting similar to other significant epithermal gold-silver districts
PROXIMITY: Close to large, producing mines
LOCATION: 3 hour drive from Vancouver, easily road accessible, close to existing infrastructure allowing for cost effective exploration
SBGB – History
The discovery of coarse placer gold at the confluence of the Nicoamen and Thompson Rivers in 1857 sparked a gold rush that a year later drew an estimated 20,000 prospectors. This initiated the Fraser River gold rush. In 2005, Strongbow Exploration drilled 20.2 g/t goldover 12.8 metres confirming the presence of high grade epithermal gold mineralization in the SBGB.
Board & Management
Eira Thomas
Chairperson
Ken Armstrong
President and CEO
Zara Boldt
CFO & Corporate Secretary
Robin Hopkins, P.GEOL (NT/NU)
Vice President Exploration
Ryan Fetterley
Vice President Operations
Kaeli Gattens
Vice President, Communications
Gareth Thomas
Director & Advisor
Patrick Anderson
Independent Director
Victor A. Tanaka, BSC. Geology
Independent Director
Paul McRae, B.A.Sc. (Mining Engineering)
Independent Director
Hannah Mcdonald, LLB
Independent Director
Analyst Coverage
The research analyst listed on this page has initiated coverage on Westhaven Gold Corp.
Please note that any opinions, estimates, or forecasts regarding Westhaven Gold Corps’ performance made by this analyst are theirs alone and do not represent opinions, forecasts, or predictions of Westhaven Gold Corp or its Management. By its reference or distribution, Westhaven Gold Corp. does not imply its endorsement of, or concurrence with, such information, conclusions, or recommendations.
Westhaven Gold Corp. does not provide analyst reports to persons outside the company. Please contact the research analyst directly to obtain a copy of their report.
Red Cloud Securities
Taylor Combaluzier, P.Geo.
Tel 1-877-919-5979
Email: tcombaluzier@redcloudsecurities.com