Corporate Update: Westhaven to Drill the Ben Gold Property
September 17, 2013 (Source: Westhaven Ventures Inc.) — Westhaven Ventures Inc. (TSX-V:WHN) is pleased to provide the following corporate update, highlighting plans to drill the BEN gold property in the fall. In addition, a follow-up work program is scheduled to commence shortly on the Shovelnose gold property.
Upcoming Exploration Plans:
- Inaugural drill program on the BEN gold property: drilling on the BEN property will target the Main Zone showing where there is evidence of multi-stage silica flooding quartz veining and re-brecciation, coupled with anomalous geochemical values of gold, arsenic, antimony and mercury. The main zone is approximately 80 metres wide and is on strike with an extensive alteration system that appears to be over 5 kilometres long.
- A mapping, sampling and prospecting program on the Shovelnose gold property: this phase of work will endeavour to further extend the area covered by this auriferous silica cap with a view to finding the feeder to the system which could lead to the discovery of higher grade material often associated with it.
Shovelnose Gold Property Overview
To date, 20 drill holes (2 were abandoned in overburden) have been diamond drilled for a cumulative total of 2,427 metres, in three separate target areas. Gold and silver mineralization, associated with quartz veining and silicification, has been encountered in all 18 holes. In addition, there is evidence of a significant mineralized alteration system within the property.
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.
BEN Gold Property Overview
The BEN property is located approximately 50 km north of Williams Lake, B.C. and is easily road accessible. It consists of mineral claims comprising approximately 14,576 hectares situated in the Cariboo Mining District of British Columbia. The property is in a favourable mining jurisdiction, home to several large development and production stage properties. Similarities exist between the Main Zone and major gold bearing areas in British Columbia including Atlin and the Bralorne gold camp. There is also similarity in alteration and structure with gold bearing areas of the Motherlode trend of Southern California. Westhaven can earn 100% interest in the property from a private optionor.
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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 gold 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 Westhaven’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.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>