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Westhaven Ventures Inc.
Summary
| Project: | Shovelnose | |
|---|---|---|
| Deposit: | Shovelnose | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 1/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-1-2017: Westhaven Ventures Inc. announces an Exploration/Drilling Update report for its Shovelnose deposit at the Shovelnose project. Drilling results incl. 161m @ 0.23g/t Au, 1.4g/t Ag from 21m. Vancouver, B.C. – January 17th, 2017 – Westhaven Venture | |
| Resources: | x | |
| CP/QP: | [Overall Report]: L. John Peters (Not stated) | |
| ABSTRACT: | Vancouver, B.C. – January 17th, 2017 – Westhaven Ventures Inc. (TSX-V:WHN) is pleased to report drill results from its 19,012 hectare Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 30 km south of Merritt, British Columbia. This drill program consisted of 4 holes totaling 725 metres of diamond drilling. The objective of this second drill program was to determine the geometry of gold mineralization evident in the southern portion of the Alpine Zone, by drilling an east-west oriented fence line of holes to follow up on hole 16-02 drilled earlier this year which intersected 16.7g/t gold (Au) over 0.5 metres ( news release dated July 27th, 2016). It was determined that the southern portion of the Alpine Zone consists of a +135-metre thick southeast dipping gold bearing silicified rhyolite tuff extending downward from bedrock surface. The orientation of quartz veining within this unit suggests that a deeper feeder source dips to the west and extends over 800 metres northward along strike. The style of mineralization is similar to that found at the Tower Zone, situated approximately 400 metres west. Management intends to test for a potentially higher-grade feeder zone at depth by conducting a deep- penetrating IP survey and follow-up drilling in 2017. | |
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