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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 Bottleson May 03, 2018 6:07pm
159 Views
Post# 27979660

RE:RE:RE:RE:Share price WHN

RE:RE:RE:RE:Share price WHN"They started drilling a month ago now so i'd expect drill results out in the not too distant future. Maybe a week or two? "

Timefortrouble,

My best guess is that they stop drilling toward the end of May with results toward the end of June.

A 2000 metre and 6 hole or so drill program was indicated initially but as past drill programs suggest, WHN likes to drill additional metres and holes then those initially indicated. As for the last drill program, an average of 9 days to drill each hole and in the last drill program, an average of 467 metres driiled per hole. Using the last drill program as a guide, I estimate 54 days or so to drill where it took 27 days to get the assay results after WHN indicated drilling had been completed. Hence, I look for drilling to end on or about May 21 and drill results on or about June 17.  Having purchased a few shares here and a few shares there for the past two years, I'm looking forward to the drill results. At the same time, and with Skoonka indicated to be drilled in June, and I hate to say this, I would not be at all surprised if a modest PP was announced prior to drilling coming to an end so as to fund the indicated 13 holes at Skoonka. Given the last drill program on Skoonka, I'm looking forward to those drill results as well!

GLTA
Bullboard Posts