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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.
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.
Westhaven Gold Corp (OTCQB: WTHVF) engaged San Diego Torrey Hills Capital for investor relations under a three-month initial agreement effective April 1, 2026, at a US$7,000 monthly cash fee plus reimbursed expenses and automatic renewal thereafter.
The engagement supports Westhaven's U.S. capital markets presence following its OTCQB listing. Westhaven controls ~60,263 hectares in the Spences Bridge Gold Belt; a 2025 PEA for Shovelnose shows an 11-year mine life, average annual production of 56,000 oz gold and 313,000 oz silver, CDN$454 million after-tax NPV (6% discount) and 43.2% IRR. Dundee may earn up to 60% via up to CDN$85,000,000 in staged expenditures, including a minimum CDN$30,000,000 and a fully funded 50,000m drill program.
Westhaven Gold Corp (OTCQB: WTHVF) appointed Allison Rippin Armstrong as VP, Indigenous and Community Relations, and Pamela O’Hara as VP, Permitting and Government Affairs, effective April 1, 2026.
The company confirmed mobilization of a second drill supporting a 50,000m 2026 drill program (initial phases funded as part of a strategic earn-in with Dundee Corporation). The 2025 PEA shows a CDN$454 million after-tax NPV (6%) and 43.2% IRR for Shovelnose.
Westhaven Gold (TSXV: WHN / OTCQB: WTHVF) will present at Red Cloud's Pre-PDAC Mining Showcase in Toronto on February 26-27, 2026.
Ken Armstrong, President & CEO, will present on February 27 at 10:00 AM Eastern with an update on strategy, recent developments and next-phase initiatives. The event is in-person at The Omni King Edward Hotel.
Westhaven Gold (OTCQB: WTHVF) and Dundee Corporation closed an earn-in giving Dundee the right to acquire up to a 60% interest in four Spences Bridge Gold Belt projects for total project funding of CDN$85,000,000.
Dundee must invest at least CDN$30,000,000 by Feb 20, 2029 to earn an initial 25% interest, including 50,000m of drilling (~CDN$20,000,000) in 2026; additional tranches over years 5–7 can raise Dundee to 60% via JVCo governance.
Westhaven Gold Corp (OTCQB: WTHVF) announced shareholder approval of an $85 million earn-in transaction with Dundee, with the ordinary resolution approved by 99.69% of votes cast on Feb 17, 2026. 86,911,531 shares were represented, ~35% of outstanding Common Shares.
The transaction remains subject to final approval by the TSX Venture Exchange. Westhaven highlighted the Shovelnose 2025 PEA: an 11-year underground plan averaging 56,000 oz gold and 313,000 oz silver annually, with a CDN$454M after-tax NPV (6% discount) and 43.2% IRR (US$2,400/oz gold base case).
Westhaven (OTCQB: WTHVF) has started drilling at the Shovelnose gold and silver project, launching an expected CDN$20 million, 50,000 metre 2026 program using up to four rigs.
The program will prioritize resource infill at the South Zone and broader exploration across the property; the company cites a 2025 PEA with a CDN$454 million after‑tax NPV (6%) and 43.2% IRR.
Westhaven (OTCQB: WTHVF) commenced trading on the OTCQB Venture Market effective February 9, 2026, improving U.S. investor access and visibility. The company highlighted a near-term February 17, 2026 special shareholder meeting to consider a CDN$85M strategic earn-in and joint venture with Dundee Corporation.
The OTCQB listing aims to support Westhaven’s plan to advance the district-scale Spences Bridge Gold Belt and the Shovelnose gold property by expanding market presence and trading accessibility.