Vancouver, B.C. - December 21, 2011 - Westhaven Ventures Inc. (TSX-V:WHN) and Almaden Minerals Ltd. have mutually agreed not to pursue the transactions contemplated by the Option Agreement dated November 14th, 2011.

On behalf of the Board of Directors
WESTHAVEN VENTURES INC.

"David Grenville Thomas"

David Grenville Thomas, President & CEO, Director

About Westhaven Ventures Inc.

Westhaven Ventures Inc. is a resource focused exploration and development company that intends to generate shareholder value by the identification, acquisition and development of high caliber resource properties. Westhaven is advancing its Shovelnose gold project in British, as well as continuing to source new projects. The Company has no debt and is well financed. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN.

For further information, please contact Gareth Thomas at 604-681-5558 or visit Westhaven's website at www.westhavenventures.com

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.