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WESTHAVEN GOLD (WTHVF) Stock News

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Westhaven Gold (WTHVF) completed its 117-hole resource infill drilling program at the South Zone deposit on the Shovelnose property in British Columbia. The program covered 37,242m; results from 19 additional holes bring reported holes to 91. Hole SNR26-149 returned 23.00m grading 6.69 grams per tonne gold and 42 grams per tonne silver.

An updated mineral resource estimate will support a pre-feasibility study targeted for H2 2027. Exploration drilling is expected to continue through December 15, 2026, with technical drilling targeted for Q4 completion. Dundee funds the 2026 programs under an agreement allowing it to earn up to 60% of four properties through up to CDN$85,000,000 in staged spending. Westhaven also received CDN$3,122,366 from exercising 14,770,114 warrants, bringing outstanding shares to 275,023,832, or 314,511,385 fully diluted.

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Westhaven Gold (WTHVF) reported new high-grade South Zone drill results and progress toward a pre-feasibility study at the Shovelnose project.

New infill assays include 37.89m grading 5.29 g/t gold and 32 g/t silver, 14.00m grading 13.09 g/t gold and 106 g/t silver, and 32.06m grading 5.05 g/t gold and 28 g/t silver. The 35,000m South Zone infill program, supported by four drills, is on track for completion by the end of September, with 109 holes (34,265m) finished and six remaining. A separate 15,000m exploration program will ramp from one to four rigs after infill completion.

Westhaven has started a C$4,000,000 sonic drilling program for geotechnical and hydrogeology work to support a South Zone pre-feasibility study targeted for completion in H2 2027. Current work is funded under an earn-in agreement with Dundee Corporation, which may spend up to C$85,000,000 to earn a 60% interest, including a committed minimum of C$30,000,000 in the first phase.

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Westhaven Gold (OTCQB: WTHVF) reported the fifth batch of assay results from its ongoing 35,000m resource infill drilling program at the South Zone deposit on the Shovelnose gold property in southern British Columbia. Key results include drill hole SNR26-117, which returned 10.04m grading 12.18 g/t gold and 103 g/t silver, extending mineralization below the deepest proposed mining stopes in the company’s 2025 preliminary economic assessment. Drill hole SNR26-110 intersected 37.34m grading 6.24 g/t gold and 55 g/t silver at the southeastern margin of the deposit, confirming thick, high-grade mineralization. According to Westhaven, 85 drill holes totalling 26,581m (over 76% of the program) have been completed, with results to feed an updated mineral resource and pre-feasibility study targeted for completion in H2 2027.

The 2026 work program, funded under a strategic earn-in agreement with Dundee Corporation, allows Dundee to spend up to CDN$85 million to earn up to 60% in Westhaven’s four Spences Bridge Gold Belt properties, including a committed minimum of CDN$30 million for a fully funded 50,000m drill program and pre-feasibility work at Shovelnose.

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Westhaven Gold (OTCQB: WTHVF, TSX-V: WHN) granted 300,000 incentive stock options to its officers under its shareholder-approved Stock Option Plan. Each option allows the purchase of one common share at $0.375 until August 7, 2031, vesting in thirds over 18 months and fully vesting by February 7, 2028.

According to the company, its Equity Incentive Plan permits issuance of up to 10% of outstanding share capital; following this grant, 19,700,000 options are outstanding, or 7.5% of common shares. Westhaven highlights its Shovelnose project’s 2025 PEA with an after-tax NPV of CDN$454 million and 43.2% IRR, and a CDN$85 million strategic earn-in agreement with Dundee Corporation covering four Spences Bridge Gold Belt properties.

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Westhaven Gold (OTCQB: WTHVF, TSX-V: WHN) reported the fourth batch of assay results from its 35,000m resource infill drilling program at the South Zone deposit on the Shovelnose gold property in southern British Columbia, which is about 66% complete with four active drills.

New highlight intervals include 27.51m grading 14.47 g/t gold and 52 g/t silver and 16.80m grading 4.63 g/t gold and 20 g/t silver in hole SNR26-99, 30.76m grading 3.31 g/t gold and 21 g/t silver in SNR26-114, and a peak assay of 0.52m grading 200 g/t gold and 141 g/t silver in SNR26-113 at the northern extent of current drilling. Infill drilling is on 25m centers to support an updated mineral resource estimate for a pre-feasibility study targeted for H2 2027. A fifth drill is now testing near-deposit exploration targets as part of a 15,000m program running to mid-December, funded under a strategic earn-in with Dundee Corporation, which may spend up to CDN$85 million to earn up to 60% in Westhaven’s four Spences Bridge Gold Belt properties, including a committed minimum CDN$30 million for 50,000m of drilling and PFS work.

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Westhaven Gold (OTCQB: WTHVF) announced the start of 2026 exploration at its Spences Bridge Gold Belt properties in southern British Columbia, including Shovelnose and Prospect Valley.

Programs include a 15,000m exploration drill campaign, a 35,000m resource infill program now 54% complete, and PFS work funded under an earn-in of up to C$85M with Dundee.

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Westhaven Gold (OTCQB: WTHVF) reported voting results from its June 24, 2026 Annual General Meeting. Shareholders approved all motions, including re-appointing Smythe LLP as independent auditors and the 2026 Equity Incentive Plan.

A total of 98,153,013 shares were voted, representing 37.73% of outstanding shares. All seven director nominees were elected, with support above 99%.

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Westhaven Gold (OTCQB:WTHVF) reported resource infill drilling results from the South Zone at its Shovelnose gold-silver project in southern British Columbia.

Highlights include 33.0m grading 14.00 g/t Au and 78 g/t Ag, with 8.12m at 47.56 g/t Au and 229 g/t Ag (SNR26-73), plus 24.63m at 9.51 g/t Au and 44 g/t Ag (SNR26-74).

The 2026 drilling program is 33% complete (11,514m; 40 holes), funded under a Dundee earn-in of up to C$85M for up to 60% project interest, including a fully funded 50,000m drill program and pre-feasibility work.

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Westhaven Gold (OTCQB: WTHVF) started helicopter-borne magnetic, radiometric and VLF-EM surveys at its Shovelnose gold and silver project in southern British Columbia. The work is part of a strategic earn-in with Dundee, which covers up to CDN$85M in staged exploration spending.

Dundee has committed a minimum CDN$30M in phase one, including these surveys, a fully funded 50,000m drill program and Pre-Feasibility work. The 3,800-line km survey, focused on claims acquired in 2024, should finish data collection by end-May 2026 and guide drilling later in the year.

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Westhaven (OTCQB: WTHVF) reports initial 2026 in-fill drilling at Shovelnose South Zone and starts a Prefeasibility Study (PFS). To date 8,537m (32 holes) completed; assays from 14 holes (3,500m) include 54.0m @ 8.99 g/t Au & 55 g/t Ag. Dundee may fund up to CDN$85M; CDN$30M committed in phase one. PFS and updated MRE targeted for completion in H2 2027, with expanded drilling and baseline environmental studies underway.

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FAQ

What is the current stock price of WESTHAVEN GOLD (WTHVF)?

WESTHAVEN GOLD (WTHVF) last closed at $0.19015.

What is the market cap of WESTHAVEN GOLD (WTHVF)?

The market cap of WESTHAVEN GOLD (WTHVF) is approximately $49.8M.