SBGB (Spences Bridge Gold Belt)
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 37,000 hectares (370 square kilometres) with four 100% owned gold properties spread along this underexplored belt.
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.