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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
Comment by mining4dollarson Feb 05, 2016 3:47pm
174 Views
Post# 24529954

RE:RE:RE:WHN presenting at Roundup in Vancouver

RE:RE:RE:WHN presenting at Roundup in Vancouver
This is interesting.

It's from the news release put out by the group that sold westhaven the prospect valley gold project.
 
George Gorzynski, chief executive officer and director of Berkwood, stated: "The cash received under this agreement is needed to address critical financial obligations of the company. Berkwood also now holds one million Westhaven shares, making it one of the largest shareholders in Westhaven, and it is through this shareholding that Berkwood may continue to benefit from advances on the Prospect Valley property, as well as Westhaven's other excellent projects. Berkwood's plans going forward will now focus on new acquisitions and new directions on which to build shareholder value."

 
I guess those westhaven shares could be worth a lot more than the money paid if westhaven can hit the higher grades when they drill next.
Bullboard Posts