Westhaven Gold Corp.
1056 - 409 Granville Street
Vancouver, B.C. Canada V6C 1T2
info@westhavengold.com
Vancouver, B.C. - September 4th, 2012 - Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce that it has commenced work on its Shovelnose gold property, located approximately 30 km south of Merritt, British Columbia. The 16,412 hectare property is road accessible and benefits from excellent infrastructure.
In 2011, Westhaven completed the first ever drill program on the property, which consisted of 7 holes, totaling 606 metres (1,988 feet) of diamond drilling. Gold mineralization was encountered across all seven of the holes and drilling at the Mik and Line 6 showings confirmed that gold bearing quartz veins mapped at surface can be traced to depth. Drill Hole 11SH-007 on the Tower Zone intersected 0.21 g/t Au over 55.8 metres starting from surface. This alteration zone is gold bearing and is interpreted as evidence of a significant mineralized alteration system within the property.
2012 Shovelnose Program Objectives
The IP and magnetic surveys will also evaluate the north trending Tower Creek valley which separates the Mik and Tower showings. Detailed soil sampling along this valley has defined a 1,400 m long zone of elevated gold, arsenic, mercury, antimony and molybdenum. Prospecting conducted in 2011 uncovered a heavily veined, pyrite flooded siliceous rock that returned 6.8 g/t gold. This sample was located 300 metres south of a previously reported rock sample that returned 119.0 g/t gold and 271 g/t silver.
Gren Thomas, Westhaven's President & CEO, stated, "Exploration is still at a very early stage, however the drilling confirmed the widespread occurrence of gold on the property and, perhaps more importantly, a significant alteration zone that could indicate the presence of a large gold bearing system.”
Shovelnose Gold Property Overview
The 16,412 ha Shovelnose gold property is a Au-Ag epithermal-style exploration target that covers prospective stratigraphy in the southern Spences Bridge Gold Belt (SBGB), a 110 km northwest-trending belt of felsic to intermediate volcanic rocks of the Cretaceous Spences Bridge group. Westhaven is currently working to earn up to a 70% interest in the property from Strongbow Exploration Inc., a TSX-V listed company. Please refer to the Company’s Filing Statement dated June 27, 2011 for further information about the Company, the Qualifying Transaction and the Shovelnose property. A copy of the Filing Statement is available under the Company’s profile at www.sedar.com
On behalf of the Board of Directors
WESTHAVEN VENTURES INC.
"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 and BEN projects in British Columbia. 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
Qualified Person Statement
V.A. Tanaka, 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.
Westhaven Gold Corp.
1056 - 409 Granville Street
Vancouver, B.C. Canada V6C 1T2
info@westhavengold.com