In a news release, gold-focused exploration company Westhaven Gold Corp. (WHN:TSX.V), reported assay results obtained during the firm's ongoing drill program at its Shovelnose gold property located south of Merritt, British Columbia (B.C.). Westhaven Gold noted that the Shovelnose property encompasses 17,623 hectares (ha) and is situated within Canada's newest gold district, the Spences Bridge Gold Belt.
The company explained that the newly discovered Forget Me Not (FMN) Zone is the third new gold zone discovered at Shovelnose since it made the initial high-grade gold discovery there in 2018. At that time in the project's South Zone, samples obtained from Hole SN18-14 produced 17.70 meters (m) of 24.50 g/t Au (gold). Earlier this year in September, the firm's Franz Zone discovery assays returned 7.78m of 14.84 g/t Au and the firm also made a prior new discovery at the Lear Zone.
Westhaven reported that Hole SN20-139 in the FMN Zone returned 19.85m of 2.62 g/t Au and 139.75 g/t Ag, including one segment of 5.50m of 4.58 g/t Au and 267.35 g/t Ag.
The firm listed that at the Franz Zone, Hole SN20-112 results measured 8.97m of 2.38 g/t Au and 63.59 g/t Ag and Hole SN20-134 recorded 17.74m of 2.85 g/t Au and 56.24 g/t Ag.
Westhaven Gold reported that in 2020 it completed a total of 43,166m of diamond drilling. The firm stated that it is now awaiting assay result from 24 holes drilled in the FMN and Franz zones.
The company's President and CEO Gareth Thomas commented, "With the discovery of high-grade gold and silver at the FMN zone there are now four separate zones of high-grade mineralization at Shovelnose. Vein zone 1 now spans approximately 4 kilometers, is open along strike, and appears to be strengthening as drilling continues northwest from the FMN zone towards the Franz zone. With the discovery of three new gold zones in 2020, and several new zones to test in early 2021, we continue to increase the size and scale of mineralization on this largely underexplored property."
Westhaven Gold's Exploration Manager Peter Fischl added, "Recent drilling on the FMN and Franz targets continues to return significant gold and silver assays. Continuing along strike to the northwest, the Franz Zone has been extended farther northwest with the drilling of hole SN20-124. This hole, collared 500m northwest of the Franz discovery hole, SN20-101 (14.84 g/t Au over 7.78m), encountered a 4.7m calcite vein assaying 0.71 g/t Au and 0.60 g/t Ag over 3.53m, including 1.51 g/t Au over 0.62m. This vein also contains elevated mercury, up to 0.27 ppm. This vein intersection is now interpreted to represent the upper most part of the vein zone that has been preserved in a down-dropped fault block, potentially preserving a zone of boiling and gold deposition."
The company advised that the FMN target is found at the northwestward extension of Vein Zone 1 from the Tower/Mik and South zones and that follow-up drilling will continue northwest into the untested 700m long gap between FMN and Franz zone targets.
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