A Low-Risk, High-Reward Gold Bet

There is a silver lining to today’s gold-market gloom. Eventually, market conditions are going to shift back to something resembling ... [Open in your browser]( [Investor Alert] [Stockhouse.com]( A Low-Risk, High-Reward Gold Bet --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( Low-Risk, High-Reward Gold Bet) [LinkedIn]( [Email](mailto:?subject=A Low-Risk, High-Reward Gold Bet&body=http%3A%2F%2Fwhatcounts.com%2Fdm%3Fid%3DCDD5343E4749C70BCA70FE5C06904E4B4B93FB24D3F3D6A0) The Market Herald SUBMITTED CONTENT | Golden Opportunities Gold market conditions are such that just a normalization of valuations should deliver strong returns for resource-stage companies. One company that looks primed to offer a big reward with a risk-protected downside is Westhaven Gold (WHN.V; WHNWF.OTC). Here's why: With drills either turning or set to turn on two projects that have returned world-class intervals, Westhaven's share price could multiply on a simple market recovery or new discoveries just ahead. Dear Fellow Investor, There is a silver lining to today's gold-market gloom. Eventually, market conditions are going to shift back to something resembling normal valuations, once either a deepening recession or skyrocketing debt-service costs force the Fed to halt its rate hikes. The silver lining is simply this: With just a return to normal for the gold market environment, companies with proven, valuable deposits could see their share prices jump like drill-hole plays that hit rich paydirt. One of the best of these bargains seems to be Westhaven Gold (WHN.V; WHNWF.OTC). Consider this: A recent maiden resource estimate on Shovelnose put its indicated resources at 841,000 ounces of 2.47 g/t gold equivalent and its inferred resources at 277,000 ounces of 0.94 g/t gold equivalent. In a better market, a million-ounce resource like that would have Westhaven trading at multiples of its current market cap. And, as you're about to see, the company has drills turning (or about to turn) on both its flagship Shovelnose project and its highly prospective Skoonka project. In short, Westhaven is trading at levels that should make it a slam dunk for a re-rating when the gold market improves…and it has the upside of generating high-grade drill hits — and new discoveries — along the way. Take a look at why the latter factor is so exciting.... [SEE COMPANY PROFILE](  Parallels To A World Class Deposit In showing Shovelnose to various interested parties, a consistent refrain has come back: “This project looks like Pajingo.” Pajingo is a high-grade gold resource in Australia that has produced more than 3.4 million ounces since 1996. As you can see from the long sections below of Pajingo and Shovelnose, the latter project looks very similar to the former, with mineralization laid out along strike like pearls along a string. Geologists who have visited Shovelnose (lower panel) have noted its similarities with the Pajingo gold mine in Australia (upper panel), home to 3.4 million ounces of production. What Shovelnose needs is for Westhaven to fill in the gaps along strike in the current mineralization with more drilling. And indeed, it is in the process of doing just that, with holes due soon from the gap between the FMN and Franz zones. The company also plans to drill the gap between FMN and the Tower MIK target.  More Drills Results On The Way Westhaven has been nothing if not ambitious with its drill program at Shovelnose, completing 40,000 meters in 2021 and working on another 40,000 meters in 2022. The company just raised C$4.3 million that will fund its drilling efforts through the end of the year. And given the world-class, high-grade hits Shovelnose has already turned in with these drilling programs, there's every reason to expect more good news on the results front in the remainder of the year. Those world-class hits include: - The discovery hole in October 2018 that returned 17.7 meters of 24.5 g/t gold and 107.9 g/t silver from the now resource-hosting South zone  - The highest-grade gold-silver intercept ever drilled on the property in 2022, with 23.0 meters of 37.2 g/t gold and 209.5 g/t silver from the FMN zone  - 3.13 meters of 45.2 g/t gold and 195.6 g/t silver at the Alpine target  Best of all, the entire area drilled to date at Shovelnose is but a small part of the overall land package. And the surface signs of more targets are everywhere. It may host a million ounces of gold equivalent now, but Shovelnose shows all signs of getting bigger from here. Much bigger. [INVESTOR UPDATES](  Following Up On Another Big Hit In The Spences Bridge Gold Belt If the established resource and unlimited upside at Shovelnose weren't enough to whet one's interest in Westhaven, consider that the company is about to start drilling at a second high-potential asset. It's called Skoonka, and it's another great project that Westhaven owns in British Columbia's Spences Bridge Gold Belt. By October, Westhaven Gold will have drills turning on Skoonka, another of Westhaven's Spences Bridge Gold Belt projects. A key target Westhaven will focus on at Skoonka is the JJ zone, where previous drilling by Almadex Minerals outlined a zone with a strike of 750 meters and a depth of 250 meters. Notably, the highlight hole from that effort compares favorably with the big hits at Shovelnose. The best interval graded20.2 g/t gold and 7.4 g/t silver over 12 meters. With the zone open along strike and at depth, this target will be one to watch as the drills begin turning in the days just ahead.  An Undervalued Resource-Stage Play...Plus The Potential For Drill-Hole Homeruns Bottom line: The risk-reward profile for Westhaven Gold is very squarely in new investors' favor. - Shovelnose has an undervalued, million-ounce deposit with a great chance of becoming a multi-million-ounce behemoth.  - Drills are turning to provide more potential high-grade hits from Shovelnose in the latter part of the year.  - Drills will turn soon at Skoonka on a target that has returned world-class assays of its own.  - Westhaven Gold is a resource-stage play that has a great chance of multiplying in value with just a shift to normal valuations in the gold sector.  And if those drill programs turn up more world-class results from Shovelnose or Skoonka (or both), the sky's the limit for this aggressive junior gold company. [VIEW COMPANY WEBSITE]( FULL DISCLOSURE: This is a paid article produced by The Market Herald. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1100 – 609 West Hastings Street | Vancouver | BC | V6B 4W4 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com The advertiser featured in this Stockhouse Publishing Ltd. Alert has paid a fee in cash not exceeding $5,000 to have their corporate information featured. The information shown is solely the responsibility of the advertiser [Westhaven Gold Corp], not Stockhouse Publishing Ltd, whose only function was as a supplier of media facilities. 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