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Westhaven Ventures Inc.
Summary
| Project: | Prospect Valley | |
|---|---|---|
| Deposit: | Prospect Valley | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 12/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-12-2016: Westhaven Ventures Inc. announces an Exploration/Drilling Update report for its Prospect Valley deposit at the Prospect Valley project. Drilling results incl. 95.8m @ 0.70g/t Au, 5.71 from 0m. Vancouver, B.C. – December 6, 2016 – Westhaven Vent | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: L. John Peters (Not stated) | |
| ABSTRACT: | Vancouver, B.C. – December 6, 2016 – Westhaven Ventures Inc. (TSX-V:WHN) is pleased to report drill results from its 10,871 hectare Prospect Valley gold property, located on the Spences Bridge Gold Belt (SBGB) approximately 25 kilometres to the west of Merritt, B.C. “Westhaven had a very productive field season in its first year working on Prospect Valley. The recently completed drill program intersected significant near surface gold mineralization and the prospecting and mapping programs found multiple high grade gold grab samples, expanding the area of immediate focus in all directions. These recent findings have reinforced management’s belief in the Property’s potential to host significant gold mineralization. Planning is already underway for what should be a very busy 2017.” stated Gren Thomas, President and CEO. The limited drill program focused on two areas. In the Discovery South Zone drilling targeted the western down dip extension of previously drilled near surface gold mineralization. In the Southeast Extension drilling targeted coincident gold-in-soil geochemical and shallow IP chargeability anomalies as well as a deep, stronger IP chargeability anomaly that extends north-south over a strike length of 900 metres. Holes PV16-01 to PV16-03 tested the western extension of gold mineralization in the Discovery South zone. PV16-02 intersected 0.57 g/t Au and 7.81 g/t Ag over 4 metres. PV16-01 intersected 1.07 g/t Au and 4.2 g/t Ag over 2 metres. PV16-03 intersected 0.37 g/t Au over 6 metres. Hole PV16-04, drilled to test the continuity of higher grade mineralization, intersected 0.70 g/t Au and 5.71 g/t Ag over 95.8 metres starting at bedrock, including 1.36 g/t Au and 10.43 g/t Ag over 38 metres and 2.23 g/t Au and 15.18 g/t Ag over 15 metres. | |
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