Westhaven Commences Exploration On Its Prospect Valley Gold Property

Vancouver, B.C. - June 28th, 2016 - Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce that it has commenced a detailed prospecting, mapping, and soil sampling program on its 10,871 hectare Prospect Valley gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 30 km west of Merritt, British Columbia.

2016 Prospect Valley Exploration Program

  • Soil sampling; approximately 1,000 samples
  • Prospecting
  • Mapping

Soil sampling has begun and approximately 1,000 samples will be collected for analysis. The sampling will cover an area southeast and east of the Discovery zones where there are two magnetic low anomalies that share similar linear features to the Discovery zones. Detailed mapping and prospecting will cover most of the property, in particular areas with little to no exploration, including the Ridgeline and Dome zones where previous soil sampling programs identified anomalous gold values of up to 953 ppb gold.

Gren Thomas, President & CEO of Westhaven states, "Previous exploration and drilling at the Prospect Valley gold property has resulted in the identification of substantial gold mineralization, including high-grade gold drill intercepts containing visible gold. It's management's belief that this underexplored property demonstrates the potential for significant resource growth and discovery. We look forward to a busy field season at the Prospect Valley gold property."

Prospect Valley Gold Property

  • Covers 10,871 hectares, encompassing a number of structurally controlled epithermal gold prospects with potential to host bulk tonnage and/or high grade vein deposits.
  • Mineralogical and alteration studies indicate potential for a high grade gold system at depth.
  • Road-accessible, three-hour drive from Vancouver, in proximity to good infrastructure and logistics.

Past Drilling Highlights:

  • DDH-2006-21 returned 45.70m of 1.57g/t gold including:

           4.60m grading 4.38g/t gold and 8.90m grading 2.03g/t gold.

  • DDH-2007-01 returned 61.40m of 0.70g/t gold and 4.70g/t silver.
  • DDH-2007-02 returned 32.20m of 1.40g/t gold and 9.70g/t silver.
  • DDH-2007-05 returned 6.71m of 3.62 g/t gold including:

    1.33m grading 12.20 g/t gold and 24.30 g/t silver.
  • PV-10-08 returned 68.69m of 0.89g/t gold including:

    32.64m of 1.32g/t gold and 7.53m grading 2.93 g/t gold.

For further information on the Prospect Valley Gold Property, please visit:

History of the Spences Bridge Gold Belt (SBGB)

Despite historical placer mining in the area, the SBGB remains relatively underexplored. Tributaries to the Fraser and Thompson Rivers located in the SBGB area saw considerable exploration in the mid-1800’s when placer gold findings initiated the Fraser River gold rush. In November 2005, Strongbow announced drilling results on their Skoonka Creek property on the northern part of the SBGB, that were highlighted by an intersection grading 20.2 grams per tonne gold over 12.8 metres confirming the presence of high grade epithermal gold mineralization in the SBGB (see Strongbow press releases from November 25, 2005). Westhaven has been working on the SBGB since 2011.

On behalf of the Board of Directors

"Gareth Thomas"

Gareth Thomas, Director

About Westhaven Ventures Inc.

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose gold project, Prospect Valley gold project, and Ben South nickel projects in British Columbia. 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.westhavenventures.com 

Qualified Person Statement 

L. John Peters, P.Geo., who is a Qualified Person within the context of National Instrument 43-101 has read and takes responsibility for this release.

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.

Sign up for the latest news and updates