Vancouver, B.C. - October 7, 2014 - Westhaven Ventures Inc. (TSX-V:WHN) reports drill results from its 18,412 hectare Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 30 km south of Merritt, British Columbia. The drill program consisted of 6 holes, totaling 652 metres of diamond drilling.
Results have further expanded an anomalous silicified zone discovered in 2012, grading 0.54 g/t gold (Au) and 4.77 g/t silver (Ag) over 50 metres was intersected. This seasonâ€?s drilling intersected anomalous gold in all 6 holes. The most notable holes from this program were SN14-07 which intersected 6 metres grading 0.83 g/t Au and 5.2 g/t Ag, SN14-09 which intersected 5 metres grading 0.76 g/t Au and 11.8 g/t Ag and SN14-11 which intersected 19 metres grading 0.28 g/t Au and 1.46 g/t Ag.
Limited drilling to date has outlined an area of gold-silver mineralization which continues to be expanded and is open in all directions. Drill hole BN14-09 has a strong correlation between gold-silver-molybdenum, which company geologists believe could be the feeder to the system that could host higher grade material. Though near-surface, low-grade breccia-hosted deposits are an attractive exploration target, focus will continue to be on the mineralogy related to depth and the environment of formation in the interest of finding higher grade gold and silver.
Shovelnose Gold Property Overview
To date, 26 diamond drill holes have been drilled for a cumulative total of 3,079 metres, in three separate target areas. There is evidence of a significant mineralized alteration system within the property where float samples grading 119 g/t Au (Gold) and 273 g/t Ag (Silver), veins in trenching grading 66 g/t Au and wide low grade alteration zones typical of epithermal gold deposits have been discovered.
The 18,412 ha Shovelnose gold property is a gold-silver epithermal-style exploration target that covers prospective stratigraphy in the southern Spences Bridge Gold Belt (SBGB), a 110 km northwest-trending belt of intermediate to felsic 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.
On behalf of the Board of Directors
WESTHAVEN VENTURES INC.
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 and Ben 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 Westhavenâ€?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.