Northwire Canada EditionMonday, August 24, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4714.70 +0.7% SILVER 68.67 −1.2% COPPER 6.62 +0.4% OIL 85.08 −2.3% PALLADIUM 1369.00 +1.4% CGD 1.27 +7.6% CRE 0.370 +7.2% PE 0.250 +0.0% PER 0.145 +3.6% SVRS 0.560 +12.0% EML 0.225 −4.3% AVU 0.040 +0.0% LIB 0.760 +0.0% SHL 0.400 −3.6% RRI 0.400 +9.6% FFM 1.87 +0.0% TBK 0.350 −2.8% AHR 1.10 −1.8% VGD 0.140 +7.7% HART 0.240 +0.0% XGC 0.230 +0.0% GOLD 4714.70 +0.7% SILVER 68.67 −1.2% COPPER 6.62 +0.4% OIL 85.08 −2.3% PALLADIUM 1369.00 +1.4% CGD 1.27 +7.6% CRE 0.370 +7.2% PE 0.250 +0.0% PER 0.145 +3.6% SVRS 0.560 +12.0% EML 0.225 −4.3% AVU 0.040 +0.0% LIB 0.760 +0.0% SHL 0.400 −3.6% RRI 0.400 +9.6% FFM 1.87 +0.0% TBK 0.350 −2.8% AHR 1.10 −1.8% VGD 0.140 +7.7% HART 0.240 +0.0% XGC 0.230 +0.0%
M&A / Property Routine +

Westhaven Gold Presenting Today at the Energy & Precious Metals Virtual Investor Summit

Westhaven Gold advances Shovelnose drilling and its Dundee partnership despite facing pre-revenue liquidity constraints.

By The Northwire Desk — AI Analysis Jun 16, 2026 · 10:31 WHN · 0.305 Westhaven Gold Corp.
Executive Summary
  • Westhaven Gold Corp. announced that its President & CEO will present live at the Energy & Precious Metals Virtual Investor Summit on June 16, 2026, with 1x1 investor meetings scheduled through June 19.
  • The release reiterates the strategic earn-in agreement with Dundee Corporation, allowing Dundee to acquire up to a 60% interest in four Spences Bridge Gold Belt properties through up to CDN$85,000,000 in staged expenditures.
  • Highlights that the fully funded 50,000m drill program at the Shovelnose project is currently underway.
  • Reiterates the updated 2025 Preliminary Economic Assessment (PEA) projecting an 11-year life-of-mine operation with a CDN$454 million after-tax NPV and 43.2% IRR.
  • No new financial, operational, or exploration data is disclosed; the release serves as a marketing and investor relations update.
Material Impact
  • The announcement is a routine follow-up to previously disclosed catalysts. The Dundee earn-in agreement (closed Feb 23, 2026), the 50,000m drill program launch (Feb 17, 2026), and the updated PEA (Feb/May 2026) have already been communicated to the market.
  • The presentation reinforces existing expectations but introduces no new valuation drivers, operational milestones, or capital structure changes.
  • Impact is neutral to slightly positive as it maintains visibility and management engagement, but it does not alter the fundamental risk/reward profile or trigger a repricing of the stock.
WHN · Price
Company Overview
  • Westhaven Gold Corp. is a pre-revenue exploration and development company focused on the Spences Bridge Gold Belt in southern British Columbia.
  • Flagship project: Shovelnose Gold Project.
  • Status: Pre-feasibility stage. The updated 2025 PEA outlines an 11-year underground mine producing an average of 56,000 oz Au and 313,000 oz Ag annually.
  • Project economics: CDN$454M after-tax NPV (6% discount rate), 43.2% IRR, and an All-In Sustaining Cost (AISC) of US$836/oz AuEq.
  • Land base: ~60,263 hectares across four properties, targeting low sulphidation, high-grade, epithermal-style gold and silver mineralization.
Read the original news release →

More from Westhaven Gold Corp.

Aug 20, 2026 · 07:00

Westhaven’s fifth South Zone infill batch confirms grade, though below-PEA stopes remain unproven.

Drill Results Jul 28, 2026 · 07:00

Westhaven’s infill drilling at Shovelnose confirms high-grade epithermal gold continuity with a flagship hole of 27.5m at 14.5 g/t Au.

Drill Results Jul 07, 2026 · 07:00

Westhaven infill drilling confirms continuity at its project while launching exploration without identifying a new discovery.

Drill Results May 26, 2026 · 07:00

Westhaven Drill Results Validate Shovelnose PEA Economics Amidst Dundee Partnership Execution

Drill Results May 13, 2026 · 07:00

Westhaven Gold Corp.

Drill Results May 07, 2026 · 07:00

Westhaven Gold Corp. Initiates PFS Following Dundee Partnership and High-Grade Drill Intercepts

Drill Results