WHN:TSX.V

Westhaven Gold Corp.

Westhaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada’s newest gold district, the Spences Bridge Gold Belt. Westhaven controls 37,000 hectares (370 square kilometres) with four 100% owned gold properties spread along this underexplored belt that management believes has district-scale potential to host multimillion ounce high-grade gold deposits. The Shovelnose property is situated off a major highway, in close proximity to power, rail, large producing mines, and within commuting distance from the city of Merritt, which translates into low cost exploration.

WHN:TSX.V

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Expert Comments:

Drilling Returns High Grades at British Columbia Gold-Silver Property
(7/20/21)

Westhaven Gold's recent drill results and exploration work planned for H2/21 at Shovelnose are outlined in a Red Cloud Securities report.

Eric Coffin, HRA Journal

(7/9/21)

"Westhaven Gold Corp. released new holes from the main South zone and the FMN zone at Shovelnose. . .a couple of holes have added some tonnage, notably hole SN21-05 which reported 76.33m grading 2.93 g/t gold and 11.3 g/t silver, including 2m grading 26.6 g/t gold and 98.37 g/t silver. . .a couple of holes reported from the FMN area to the northwest of South were widely considered to be probable extension of Zone 1 at South."

Taylor Combaluzier, Red Cloud Securities

(7/8/21)

"Westhaven Gold Corp. released results for five holes from its ongoing 40,000m drill program at its Shovelnose gold property in British Columbia. . .We are encouraged to see that Westhaven continues to enhance its understanding of the controls on the best mineralization at Shovelnose as drilling continues to return intercepts of significant grades and widths. In our view, continued positive results from the South Zone should bode well for the maiden resource. . .We believe there is significant potential for the stock to re-rate with ongoing positive drill results and a maiden resource."

Location, Dominant Land Position, Grades: Why This BC Gold Company Checks All the Boxes
(6/21/21)

Westhaven Gold prepares a maiden resource on a district-scale property only 2.5 hours drive from Vancouver, B.C.

Eric Coffin, HRA Journal

(6/2/21)

"Westhaven Gold Corp.'s hole SNR-21-04 generated the strongest intercepts, including 41.55m grading 8.17 g/t gold and 34.64 g/t silver centered on a narrow but spectacular intercept of 0.45m grading 614 g/t gold and 2,070 g/t silver. This is infill but really good infill, the best intercept from Shovelnose in the past couple of years."

Eric Coffin, HRA Journal

(5/12/21)

"Westhaven Gold Corp. reported an additional 14 holes from Shovelnose today, including the best intercept from the project since 2019. . .the highlight of this drill set, by far, is hole SN20-161 which reported 15.97m grading 9.15 g/t gold and 27.42 g/t silver. This is a great intercept and an order of magnitude better grade than intercepts of similar length in FMN to the southeast."

David Erfle, Junior Miner Junky

(4/28/21)

"Westhaven Gold Corp. announced more impressive drill results from its ongoing 40,000m drill campaign at Shovelnose, with the highlight being hole SNR21-01 (South Zone: 180.23–232m). [It returned] 51.77m of 4.22 g/t gold (Au) and 46.42 g/t silver (Ag), including 27.85m of 7.51 g/t Au and 83.94 g/t Ag."

Eric Coffin, HRA Journal

(4/18/21)

"Westhaven Gold Corp. provided shareholders with a bit of relief on the release of some new drill results from Shovelnose. . .the highlight hole that (along with the gold price) turned the stock around was SR20-21, which reported 51.77m grading 4.22 g/t gold and 46.42 g/t silver, including 6.25m grading 20.11 g/t gold and 273 g/t silver. This is indeed a very impressive hole that captured the market's attention."

Explorer Releases Positive Drill Results from British Columbia Project

(3/16/21)

Westhaven Gold reports drilling has extended the gold-silver mineralization between the FMN and Franz zones and shows potential to expand the South zone, at Shovelnose.

Two Top Mining Picks from Brien Lundin

(3/9/21)

Brien Lundin, editor of Gold Newsletter, highlights two junior miners, explaining why he sees Westhaven Gold as one of the breakout gold exploration stories of the next phase of the gold market, and why the targets outlined on Silver Viper's La Virginia project provide significant blue-sky upside to the company's story.

Explorer Outlines 2021 Exploration and Drilling Objectives for BC Gold Property

(3/8/21)

Westhaven Gold presented its goals for this year's exploration and drill program pointing out that it is fully funded for 2021 and well into the 2022 season.

Explorer Activates Second Drill Rig at Spences Bridge Gold Belt Property

(2/22/21)

Westhaven Gold reported it has added a second drill rig at its Shovelnose property in British Columbia.

Explorer Restarts Drilling at Spences Bridge Gold Belt Property

(2/5/21)

Westhaven Gold reported it has resumed drilling operations at its Shovelnose property in British Columbia.

More Expert Comments

Eric Coffin, HRA Journal (3/16/21) "Westhaven Gold Corp. plans 40,000m of drilling this year, which is now fully funded; several new targets will be tested and more drilling will be done in the gaps between and along strike from Franz, FMN and South, which are probably all part of the same vein system. A large amount of the drill budget will go to infill and stepout holes at South in advance of a maiden resource estimate for South to be completed late this year."

Eric Coffin, HRA Journal (3/4/21) "Westhaven Gold Corp. announced it has (finally) closed the $0.70 bought-deal placement announced on Jan. 14. . .now that the placement is closed at a maximum amount of $15M and the company is getting $2M in exploration credits back from the British Columbia government, cash will not be an issue. Westhaven should be funded well into next year."

	James Kwantes, Resource Opportunities (2/16/21) "Westhaven Gold Corp. announced a $10M bought-deal financing (quickly upsized to $13M) at a unit price of $0.70, including a half-warrant exercisable at $1. . .the company is drilling again and still has assays pending from the Franz and FMN zones."

	Eric Coffin, HRA Journal (1/18/21) "Westhaven Gold Corp. announced it has agreed to undertake a brokered bought deal private placement. . .the original placement size was $10M, but this was increased to $13M the next day. . .I don't think the placement is a bad idea."

	James Kwantes, Resource Opportunities (12/21/20) "Westhaven Gold Corp.'s latest assay highlights included some high-grade hits at the Franz discovery as well as in the Forget Me Not (FMN) zone situated halfway between South zone and Franz. Highlight intervals include 19.85m of 2.62 g/t Au and 139.75 g/t Ag (from 271m), including 10.44m of 3.67 g/t Au and 209 g/t Ag, in the FMN and 8.97m of 2.38 g/t Au and 63.59 g/t Ag (from 68m) in the Franz."

Jared Shilson, PearTree Securities (12/18/20) "Westhaven Gold Corp. intersected more high-grade gold and silver mineralization on Shovelnose, this time at the newly discovered FMN (Forget Me Not) zone. . .hole SN20-139 intersected the northwesterly extension of Vein zone 1 from the South zone and returned 5.50m grading 4.58 g/t gold and 267.35 g/t silver within 19.85m grading 2.62 g/t gold and 139.75 g/t silver. FMN lies between the South zone and the Franz zone."

	Eric Coffin, HRA Journal (12/14/20) "Westhaven Gold Corp. released more drill results from the South FMN (Forget Me Not)-Franz trend this morning. The drill results were good. . .more importantly, they firmly establish that the trend named in the last sentence is in fact a trend. The implication of that is that there is plenty of area that needs drilling in between the named zones, and odds are good most of those holes will hit something."

Eric Coffin, HRA Journal (10/30/20) "Westhaven Gold Corp.'s hole SN20-108, which was drilled roughly 75m northwest of Franz discovery hole 101, reported an intercept of 13.1m grading 4.86 g/t gold and 31.6 g/t silver, including 2.54m grading 16.88 g/t gold and 99.28 g/t silver. This is a good hole; a bunch of shallow holes like this would build a decent zone at Franz."

Eric Coffin, HRA Journal (10/19/20) "Westhaven Gold Corp. reported follow-up drill results from the recently discovered Franz zone at its Shovelnose project. . .the new holes are solid hits, especially given the shallowness of the intercepts. If there is enough scale at Franz, most of this material would end up in an open-pit shell, and the bar for 'enough' is not that high since the company already has a resource in waiting at the South zone."

	James Kwantes, Resource Opportunities (10/11/20) "Westhaven Gold Corp.'s Franz is a meaningful near-surface discovery that extends the strike length of veining to roughly 4 km. The outcrop is 2.8 km away from the edge of the South Zone, where the company has delineated somewhere in the neighborhood of 1 Moz gold. . .Westhaven is using geophysics (induced polarization resistivity) to help home in on targets in the area [as] there's a significant resistivity high above the Franz outcrop."

	Eric Coffin, HRA Journal (9/25/20) "Westhaven Gold Corp. reported that the first hole drilled at Franz returned two significant intercepts; hole SN20-101 reported 7.78m grading 14.84 g/t gold and 39.4 g/t silver starting at 18.4m downhole and 16.32m grading 2.37 g/t gold and 31.15 g/t silver starting 41.1m downhole. That is a very nice pair of near surface gold-silver intervals, the type any explorer would be ecstatic about."

All Penny Stocks (9/25/20) "If you're looking at a junior gold play, Westhaven Gold Corp. might want to be on your list as the company is making strides technically and fundamentally, including releasing drill data on Thursday that moved shares upward 22.7% to CA$1.19. . .with the strength in gold, we're angling for a new all-time high at CA$1.70."

	James Kwantes, Resource Opportunities (9/24/20) "Westhaven Gold Corp.'s latest news dramatically increases the odds that the climb up for the stock should continue from these levels. . .the company announced a near-surface, high-grade gold discovery at the Franz zone, about 2.8 km northwest of the South zone discovery. The highlight intervals for hole SN20-101 (rushed assays) were 7.78m of 14.84 g/t Au and 39.4 g/t Ag, from 18m, and 16.32m of 2.37 g/t Au and 31.15 g/t Ag, from 41m."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (8/27/20) "The discovery of the Franz area in outcrop gives Westhaven Gold Corp. yet another key target to follow up on as it continues its drilling efforts at the Shovelnose project. . .the company is also beginning a 2,000m drill program to follow up on high-grade historic assays from its Skoonka Creek project. . .given the high-grade the company is chasing at both projects, quality assays from either drill program could spike Westhaven, particularly if delivered into the next uptick in gold prices."

	Eric Coffin, HRA Journal (8/25/20) "Westhaven Gold Corp.'s management is interpreting Franz to be a potential extension of zone 1, the main vein zone at Shovelnose. . .if Franz does turn out to be the literal extension of zone 1, the overall system scale will be increased to 3.7 km. . .it does give the company room within the system for a lot of ounces."

Eric Coffin, HRA Journal (8/20/20) "The most interesting piece of news in today's report from Westhaven Gold Corp. is the newly discovered 'Franz' zone. This is a large (20m by 80m) outcrop of quartz veining and flooding in rhyolite. . .I'm sure the company will be drilling here as it's too impressive an exposure to ignore."

	James Kwantes, Resource Opportunities (8/16/20) "Westhaven Gold Corp. announced an inaugural diamond drill program at Skoonka Creek, a significant development. Skoonka is a 2,784 ha property in the northern Spences Bridge gold belt that had the best drill intercepts in the belt prior to the South zone discovery; they included 20.2 g/t Au over 12.8m, 26.8 g/t Au over 3.31m and 7.48 g/t Au over 4.1m."

	Eric Coffin, HRA Journal (8/10/20) "Westhaven Gold Corp. has planned a 12-hole, 2,000m drill program at its Skoona Creek project to test for extensions of the JJ zone that generated high-grade gold results for the previous owner. . .Skoona was considered the highest potential target by management."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (7/30/20) "Westhaven Gold Corp. is the new name, effective July 10, for Westhaven Ventures. The name change reflects the gold focus of its four properties in British Columbia's Spences Bridges gold belt. . .given the potential I continue to see in the program at Shovelnose, we'll keep the company a Buy."

Jared Shilson, PearTree Securities (7/14/20) "Westhaven Gold Corp. (formerly Westhaven Ventures Inc., effective July 10, 2020) reported new assay results from near-surface drilling on its wholly owned Shovelnose gold property. . .the assays from four drill holes extend Vein zone 3 by 70m into the Lear zone. Additionally, higher-grade mineralization was intersected updip from the relatively weaker mineralized roots of Vein zone 3."

	Eric Coffin, HRA Journal (7/10/20) "Westhaven Gold Corp. closed its $5M bought deal and reported another set of drill holes from the Lear zone at Shovelnose. Four holes tested around earlier higher grade results from Lear and extend zone 3 further to the north. All four holes, SN20-62 to SN20-65, reported gold intercepts."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (6/25/20) "Westhaven Ventures Inc. has closed on a flowthrough private placement that raised CA$5.18M by issuing 5.45M flowthrough shares priced at CA$0.95. The company will use those funds to support its ongoing drill program at Shovelnose, where it recently added a second drill rig as part of the 30,000m effort."

	Eric Coffin, HRA Journal (6/12/20) "Westhaven Ventures Inc. announced it was doing an underwritten offering of $5M worth of flowthrough shares priced at $0.95. . .the company is wise to be filling the coffers a bit as it embarks on this year's drill phase. . .it announced a few days ago that it has restarted drilling at Shovelnose."

	James Kwantes, Resource Opportunities (6/3/20) "The $8M positions Westhaven Ventures Inc. to deliver positive surprises at its Spences Bridge gold belt properties in southwestern British Columbia this year; the cash also packs more of a punch than it would with other explorecos given the company's low drilling costs and general and administrative expense. Shovelnose is located on a major highway, with drilling crews who live nearby."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (6/1/20) "Westhaven Ventures Inc. is cranking up its drilling program again at Shovelnose to follow up on a successful winter program that drilled 5,777m in 12 holes. . .the first target of renewed drilling on Shovelnose will be on the Lear discovery. The hope is that further drilling will extend Vein zones 2 and 3 into the Alpine zone."

	James Kwantes, Resource Opportunities (5/3/20) "With insider ownership of 32%, Westhaven Ventures Inc.'s management and directors are more closely aligned with shareholders than virtually any other company in the space. That plus the low drilling costs, proximity to infrastructure and strong team make it a core holding."

	Eric Coffin, HRA Journal (5/1/20) "The highlight hole of Westhaven Ventures Inc.'s winter drill program was hole SN20-56, which intercepted both zone 2 and zone 3 within the Lear target, formerly known as the North target. . .hole SN20-56 reported 3.46m grading 2.27 g/t gold and 7.2 g/t silver. . .this is an encouraging hole that extends zones 2 and 3 by over 200m."

Eric Coffin, HRA Journal (4/7/20) "Westhaven Ventures Inc. has put its exploration on hold and encouraged its employees to work from home for at least a couple of weeks. . .the company did manage to get 10–12 holes drilled at Shovelnose before putting the program on hold. Most of the holes have been logged and sampled, and samples are now in the lab."

Eric Coffin, HRA Journal (3/10/20) "Westhaven Ventures Inc. has a few favorite targets at Shovelnose, which I believe will be getting drilled early in the program. . .one is target A, an area of outcropping chalcedony veining and surrounding alteration that may represent the very top of an epithermal system. The Northeast target is a blind resistivity target but interesting based on location. . .Southeast Zeolite is a more multifaceted target, located directly on trend from the South zone."

	James Kwantes, Resource Opportunities (2/29/20) "Westhaven Ventures Inc. kicked off its 2020 drill program with two holes to the southeast of the South zone at Shovelnose and is now drilling Target A to the east. . .the company has these brick house characteristics: high level of management alignment with shareholders, high-grade gold discoveries off a major highway, in an area with year-round exploration and low drilling costs, and more than $6M in the treasury."

	Eric Coffin, HRA Journal (2/21/20) "Westhaven Ventures Inc. did report some good intercepts at Shovelnose, mainly within the known extent of zones 1 and 2. These holes should add to the resource. . .hole 38 reported 5m grading 13.9 g/t gold and 10.5 g/t silver from zone 1 at an elevation of 1,100m."

Michael Pettingell, Canaccord Genuity (9/12/19) "More recently, Westhaven Ventures Inc. discovered a third vein zone, intersecting 7.11m grading 9.42 g/t Au, located below and to the northeast of the second zone (20–60m downsection). The third zone is hosted within an andesitic tuff unit, as opposed to the typical rhyolitic tuff which host zones 1 and 2; this opens the exploration potential to target mineralization in areas previously overlooked."

Experts Following This Company

John Abbott – Merrill Lynch
	Eric Coffin, Owner – HRA Journal
	Taylor Combaluzier, Mining Analyst – Red Cloud Securities
	Brent Cook, Analyst, Geologist – Exploration Insights
	James Kwantes – Resource Opportunities
	Brien Lundin, Author – Gold Newsletter (Jefferson Financial)
Jared Shilson, Senior Research Associate, Mining – PearTree Securities

Company News

7/15/2021 – Westhaven Announces Voting Results From 2021 Annual General Meeting

7/7/2021 – Westhaven Hits High-Grade Gold at Multiple Zones at Shovelnose: Drills 76.33 Metres of 2.93 g/t Gold at South Zone and 4.18 Metres of 5.26 g/t Gold at FMN Zone

6/1/2021 – Westhaven Drills 0.45 Metres of 614 G/T Gold and 2,070 G/T Silver Within 41.55 Metres of 8.17 G/T Gold and 34.64 G/T Silver at Shovelnose

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights

	High-Grade Gold Discovery off a major highway in Canada
	Insiders (Board and Management) own 25% of the shares
	Largest ever exploration /drill program is underway at the flagship Shovelnose Gold Property

catalyst Calendar

Q3 2021	Drill results along trend from FMN towards the FRANZ ZONE
Q3 2021	Approximately 40,000 metres of diamond drilling, the majority focused on exploration targets
Q3 2021	Step-out and infill results from the SOUTH ZONE
Q4 2021	Metallurgical test work results from Vein Zones 1, 2 and 3 at the SOUTH ZONE
Q4 2021	Complete a maiden resource at the SOUTH ZONE