Westhaven Gold Corp.
About
Westhaven is a gold-focused exploration and development company targeting low sulphidation, high-grade, epithermal style gold mineralization within the Spences Bridge Gold Belt in southern British Columbia.
- Westhaven controls ~61,512 hectares (~615 square kilometres) within four gold properties spread along this underexplored belt.
- The Shovelnose Gold project is the most advance property, with a recently updated 2025 Preliminary Economic Assessment that validates the Project’s potential as a robust, low cost and high margin 11-year underground gold mining opportunity.
- Average annual life-of-mine gold production of 56,000 ounces
- Cdn$454 million after-tax NPV6% and 43.2% IRR (base case parameters of US$2,400 per ounce gold, US$28 per ounce silver and CDN/US$ exchange rate of $0.72).
- Initial capital costs are projected to be Cdn$184 million with a payback period of 2.1 years.
- Please see Westhaven’s news release dated March 3, 2025 for details of the updated PEA.
- Shovelnose is situated off a major highway, near power, rail, large producing mines, pipelines and within commuting distance from the city of Merritt, which result in lower cost exploration and development.
Our Purpose
OUR MISSION:
To deliver the highest standards of environment and social responsibility, with a specific focus on generating positive and long-term returns for all key stakeholders
OUR VISION:
To build an industry leading Canadian exploration company that delivers inclusive prosperity amongst shareholders, employees, Indigenous Nation partners and surrounding local communities, through responsible, safe, sustainable, and collaborative partnerships.
OUR VALUES – THE WESTHAVEN WAY
At Westhaven, our guiding principles sit at the core of all that we do and define the way we do business.
- Workplace Health & Safety
- Environmental Stewardship
- Social Responsibility & Inclusiveness
- Trust, Transparency & Teamwork
