tiprankstipranks
Company Announcements

Westhaven Gold Launches Winter Drilling at Shovelnose Property

Story Highlights
Westhaven Gold Launches Winter Drilling at Shovelnose Property

Westhaven Ventures ( (TSE:WHN) ) has provided an update.

Westhaven Gold Corp. has commenced its winter drill program on the Shovelnose gold property, targeting three key areas: Certes 1, Certes 3, and Corral. The program involves approximately 2,500 meters of drilling in five holes, focusing on expanding mineralization and exploring potential epithermal systems. The drill program aims to enhance understanding of the mineralization corridor and test the viability of identified structures. An updated Mineral Resource Estimate and Preliminary Economic Assessment for the South Zone deposit, including additional discoveries, is anticipated in Q1 2025, potentially impacting the company’s development strategy and stakeholder interests.

More about Westhaven Ventures

Westhaven Gold Corp. operates within the mining industry, focusing on the exploration and development of gold properties. The company is actively engaged in the Spences Bridge Gold Belt, particularly in the Shovelnose gold property, which is strategically located in British Columbia.

YTD Price Performance: 9.09%

Average Trading Volume: 190,317

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$21.98M

See more insights into WHN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1