Westhaven Completes Inaugural Drill Program on Skoonka Creek Gold Property; Extends vein area by 940 meters

Vancouver, British Columbia, November 21, 2022 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V: WHN) reports that it has completed drilling its 2,784 hectares 100% owned Skoonka Creek property of gold. Skoonka is set in future Spences Gold Bridge Belt (SBGB).

Westhaven completed a total of 16 holes for 3,340 meters of drilling (assays in progress) on the Skoonka property.

JJ-Zone

Most of the drilling was concentrated on the JJ area to test two styles of mineralization, an east-northeast trending higher grade epithermal quartz vein zone and an auriferous clayey tuff horizon located in the footwall of the vein zone.

The 2022 drilling intersected the JJ vein area over a length of 440m with a series of twelve holes spaced from 25 to 185m. Two of these holes also targeted deeper footwall mineralization hosted in the tuff. Current and previous drilling has now defined the vein zone here to a strike length of 590m and a dip length of up to 240m from surface.

JJ-West

Westhaven completed 3 drill holes on the JJ-West exploration target. These holes follow targets generated by early fieldwork by Westhaven in 2017, which identified a magnetic low with coincident high-level geochemical pathfinders, including mercury, on trend with the JJ Vein Zone. . All three holes intersected quartz veins which are now interpreted as being the southwest extension of the JJ zone. Hole SC22-015 is the most southwesterly hole completed and it intersected a 160m zone of veining downhole at 228m including white to light gray chalcedony veining including ginguro. The quartz vein system has now been extended with the drilling of these three holes to the southwest for a further 940m, giving the zone a total strike length of 1.53km. The trend remains open to the northeast and southwest.

Skoonka background

Past prospecting activities have targeted gold anomalies in the ground and have often successfully identified bedrock exposures of gold mineralization and/or associated alteration. These surface showings have become the focus of historical exploration. Six original showings were subsequently tested by drilling (Discovery, Deadwood, Ember, Backburn, Backburn Southeast and JJ), but other known bedrock occurrences remain undrilled (eg. Bermuda and Zebra). The source of other significant gold targets in the ground, as well as anomalous gold mineralization in the rock samples, is not currently known and these features are considered exploration targets. Westhaven acquired the Skoonka property in 2017 and, prior to its inaugural drilling program in 2022, had completed geophysics, mapping and prospecting. In addition to previously identified areas of mineralization, Westhaven has identified new areas of interest which, when integrated with prospecting, geophysics and drilling, may lead to the discovery of additional new veins.

On behalf of the Board of Directors
WESTHAVEN GOLD CORP.

“Gareth Thomas”

Gareth ThomasPresident, CEO and Director

Declaration of qualified person

Pierre Fischl, P. Geo., who is a qualified person in the context of National Instrument 43-101 has read and accepts responsibility for this press 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.

About Westhaven Gold Corp.

Westhaven is a gold-focused exploration company advancing the high-grade discovery of the Shovelnose Project in Canada’s newest gold district, the Spences Gold Bridge Belt. Westhaven controls 37,000 hectares (370 square kilometers) with four 100% owned gold properties spread along this underexplored belt. The Shovelnose Property is located near a major highway, close to power, rail lines, major producing mines and within commuting distance of the town of Merrit, resulting in low-cost exploration. Westhaven negotiates on the TSX Venture Exchange under the stock symbol WHN. For more information, please call 604-681-5558 or visit the Westhaven website at www.westhavengold.com.

Three photos accompanying this announcement are available on:

https://www.globenewswire.com/NewsRoom/AttachmentNg/1ebe73fc-8761-445e-8388-367cd6922f4f

https://www.globenewswire.com/NewsRoom/AttachmentNg/bc4fcd62-3cdf-418c-81f2-307a57def7b5

https://www.globenewswire.com/NewsRoom/AttachmentNg/f300f16e-85ca-4056-a6a5-bff840ca18f0

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Picture 1

PLAN MAPS

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PLAN MAPS

Picture 3

CROSS SECTION JJ-WEST: HOLE SC22-015

Source: Westhaven Gold Corp.

2022 GlobeNewswire, Inc., source Press Releases

Ryan H. Bowman