Westhaven Launches 50,000m 2026 Drill Program at the Shovelnose Gold and Silver Project, Southern British Columbia

Executive Summary

• Westhaven Gold Corp. announced the commencement of drilling at its Shovelnose gold‑silver project in British Columbia.
• The drill program is planned as a CDN $20 million, 50,000‑metre resource definition and exploration campaign for 2026, potentially employing up to four rigs.
• The start of drilling is tied to a pending special shareholders’ meeting on a proposed transaction with Dundee Corporation.

Key Details

• Program Scope: Approximately CDN $20 million budget; 50,000 metres of drilling slated for 2026.
• Equipment: Up to four drill rigs expected to be mobilized over the year.
• Focus Areas: Initial infill drilling in the South Zone to strengthen and expand the existing resource base; subsequent exploration drilling as additional rigs come online.
• Strategic Context: Drilling proceeds pending outcome of today’s special shareholders’ meeting concerning a proposed transaction with Dundee Corporation (TSX: DC.A).
• Project Significance: Described by management as the most extensive drilling campaign ever undertaken at Shovelnose, aimed at advancing high‑margin, low‑cost development potential and targeting additional gold and silver discoveries.
• Qualified Person: Technical information reviewed and approved by Robin Hopkins, P.Geo., Vice President – Exploration (NI 43‑101 Qualified Person).

Notable Quotes

“With drilling underway, we have launched what we believe will be a transformational 2026 program at Shovelnose… This represents the most extensive drilling campaign ever undertaken at Shovelnose.” – Ken Armstrong, President & CEO, Westhaven Gold Corp.