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Westhaven Commences Drilling
On Its Shovelnose Gold Property
October
12, 2011
Vancouver, B.C. � October 12, 2011 � Westhaven Ventures Inc. (WHN-TSX:V) is
pleased to announce that drilling has commenced on its Shovelnose gold
property, located approximately 30 km south of Merritt, British Columbia. The
program will consist of approximately 800 metres
(2600 feet) of diamond drilling on never before tested, high priority
targets. Completion of the program is expected to be in early November.
The 800 metre drill
program will test six to eight high priority targets ranging from depths of
75 metres to 150 metres.
Drilling will focus on evaluating the Line 6 and MIK showings, where rock
geochemical sampling of siliceous tuff-hosted epithermal-style quartz veins
exposed within mechanized trenches have produced encouraging mineralized
intervals, including: 20 metres of 0.8 grams-per-tonne (g/t) gold (Au), 16.0 metres
of 1.4 g/t Au and 6.0 metres of 5.1 g/t Au.
Drilling is being carried out by Foraco Drilling
Ltd. of Kamloops, BC.
Shaun Pollard, Westhaven's
CFO and Director stated, "We are excited to begin drilling on the
Shovelnose gold property. Westhaven is well funded
to aggressively advance exploration and assess the full potential of this
highly prospective gold project.�
Sampling and Prospecting Follow Up
A second phase of prospecting and silt sampling has
commenced to follow up a government Regional Geochemical Survey (RGS) silt
sample that assayed 100 ppb gold and 2700 ppb mercury. This sample is located
approximately 9 kilometres to the northeast of MIK
showing and adds a new exploration facet to the Shovelnose property.
Approximately 25 silt samples will be taken to help delineate areas of
interest on the newly acquired claims.
Shovelnose Gold Property Overview
The 15,953 ha Shovelnose gold property is a Au-Ag epithermal-style exploration target that covers
prospective stratigraphy in the southern Spences
Bridge Gold Belt (SBGB), a 110 km northwest-trending belt of felsic to
intermediate volcanic rocks of the Cretaceous Spences
Bridge group. Surface grab samples have returned values as high as 119.37 g/t
Gold (Au) and 271 g/t Silver (Ag).
Westhaven is currently working to earn up to a 70% interest in the property
from Strongbow Exploration Inc., a TSX-V listed
company. Please refer to the Company�s Filing Statement dated June 27, 2011
for further information about the Company, the Qualifying Transaction and the
Shovelnose property. A copy of the Filing Statement is available under the
Company�s profile at www.sedar.com
On behalf of the Board of Directors
WESTHAVEN VENTURES
INC.
"Gareth
Thomas"
Gareth Thomas, Director
About Westhaven Ventures
Inc.
Westhaven Ventures Inc. is a resource
focused exploration and development company that intends to generate
shareholder value through its experience and analysis in the identification,
acquisition and development of high caliber resource properties. Westhaven is advancing its Shovelnose gold project in
British Columbia and reviewing several potential acquisitions. The Company
has no debt and is well financed. Westhaven trades
on the TSX Venture Exchange under the ticker symbol WHN.
For further information, please contact Gareth
Thomas at 604-681-5558 or visit Westhaven�s website
at www.westhavenventures.com
Qualified Person Statement
Work on the Shovelnose property is supervised by
Kristopher J. Raffle, P.Geo (BC) Senior Geologist
for APEX Geoscience Ltd. of Edmonton, AB, who is the qualified person for the
project as defined by National Instrument 43-101. Mr. Raffle has reviewed the
portion of the technical content of this news release as it relates to the
Shovelnose property.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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