Westhaven Drilling Highlights New Epithermal Vein System at Shovelnose
Event summary
- Westhaven Gold Corp. released final drilling results from its 2025 program at the Shovelnose Gold Project in British Columbia.
- Drill hole SN25-442 intersected 70.79m grading 1.13 g/t Au and 14.1 g/t Ag, including a high-grade interval of 8.05m grading 6.18 g/t Au and 89.7 g/t Ag.
- Drill holes SN25-440 and -441 identified new northwest-trending structural zones and a distinctive breccia unit, suggesting potential for additional mineralization.
- The company plans a 2026 drilling program with up to four drills, funded by an $85 million earn-in agreement with Dundee Corporation, starting in mid-February.
The big picture
Westhaven’s results underscore the ongoing potential within the Spences Bridge Gold Belt, a region attracting increased attention from exploration companies. The $85 million investment from Dundee Corporation signals confidence in the project’s long-term viability and positions Westhaven to aggressively expand its resource base. The discovery of new structural zones and mineralization further validates the district-scale potential of the Shovelnose project and the broader SBGB.
What we're watching
- Exploration Success
- The identification of a new vein system warrants close monitoring of 2026 drilling results to determine the extent and grade of this previously unknown mineralization.
- Partnership Impact
- The Dundee Corporation earn-in provides significant funding; the success of Westhaven's exploration will be directly tied to Dundee's continued commitment and technical expertise.
- Resource Expansion
- Infill drilling at the South Zone will be critical to expanding the existing resource estimate and validating the economics of the project's preliminary economic assessment.
Related topics