Vancouver, B.C. - January 11, 2012 - Westhaven Ventures Inc. (WHN-TSX:V) is pleased to announce it has staked additional claims on its Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 30 km south of Merritt, British Columbia.
Westhaven added to its claim package by staking an additional 459 hectares, bringing the total property area to 16,412 ha. The new staking covers an area in the vicinity of an anomalous soil sample that assayed 1607 ppb Au and a rock sample that assayed 1.7 g/t Au. Additionally, in a relatively underexplored area of the property, geologists discovered rock samples assaying from background levels up to 12.6 g/t Au and 6.8 g/t Au.
Furthermore, Westhaven completed its initial drill program, which consisted of 7 holes totaling 606 metres (1,988 feet) of diamond drilling on untested, high priority targets. Drilling was focused on evaluating the Line 6, MIK and Tower Zone showings. Final assays are expected within the next month and a news release will follow.
"We are pleased with the progress that was made on the Shovelnose gold property this year. Two phases of exploration have unearthed some exciting new areas of interest for us to follow up this coming field season.” stated Shaun Pollard, CFO and Director.
Shovelnose Gold Property Overview
The 16,412 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. (SBW-TSX-V). 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, 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.