Westhaven Ventures Inc. (TSX-Venture:WHN) spread its wings Tuesday, on news of an exciting new discovery on one of its properties.
The Vancouver-based Westhaven kicked off an airborne geophysical survey at its 15,542-hectare Shovelnose gold property, about 30 km south of Merritt, B.C., the idea being to increase property coverage and to help uncover favourable structures.
Westhaven also aims to determine structural controls that may be associated with additional zones of gold-silver mineralized veins.
But big things are expected: recent drilling intersected 17.77 metres of 24.50 grams per tonne gold (g/t Au), including 6.78 metres of 50.76 g/t Au.
The action on markets Tuesday seemed to capture this excitement. Shares in WHN forged ahead three cents, or 3.8%, on volume of more than 178,000 before noon ET.
Related Stories
