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Westhaven Gold Corp V.WHN

Alternate Symbol(s):  WTHVF

Westhaven Gold Corp. is a Canada-based gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district, the Spences Bridge Gold Belt. The Company controls approximately 60,950 hectares with four gold properties spread along this underexplored belt. Its projects include Shovelnose Gold, Prospect Valley Gold, Skoonka Creek Gold and Skoonka North. The Shovelnose gold property consists of approximately 45 contiguous mineral claims encompassing 41,623 hectares (ha). The Prospect Valley (PV) Gold Property is located roughly 30 kilometers to the west of Merritt, British Columbia and is situated in the Spences Bridge Gold Belt (SBGB) and covers approximately 10,927 ha. The Company owns a 100% interest in the Skoonka Creek project, which is situated near the northern end of the SBGB. The Skoonka North Property consists of three contiguous mineral claims encompassing approximately 6,167 hectares wholly owned by the Company.


TSXV:WHN - Post by User

Bullboard Posts
Post by mining4dollarson Dec 08, 2015 11:54am
129 Views
Post# 24365204

Results Out!

Results Out!
Drill results are out. 
 
This feels a bit like bad news and good news. Bad news is there's no high grade but the good news is there's a big new zone of more low grade gold up to 0.9 grams per ton gold? It's a big zone according the news release at 2.5kms but it's still low grade. 
 
I know that they are looking for a specific type of gold deposit. According to their site, you're supposed to expect a big low grade zone on surface with that type of deposit. You are also supposed to see high grade zones too though. They say they need to drill deeper. How much deeper? 
 
We need these guys to hit some high grade. Nobody cares about low grade gold. But at least what they are seeing is what you'd expect to see given what they are trying to find. 
Bullboard Posts