exploring british columbia’s newest gold belt€¦ · world-class high-grade gold discovery 3...
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TSX-V: WHN |
EXPLORING BRITISH COLUMBIA’S NEWEST GOLD BELT
Corporate PresentationNovember 2020
TSX-V: WHN |
CAUTIONARY AND FORWARD LOOKING STATEMENTS
Certain statements contained in this presentation that are not historical facts are forward-looking statements as
that term is defined in the United States Private Securities Litigation Reform Act of 1995. In addition, certain
statements in this presentation may be considered forward-looking information under applicable Canadian
securities laws. Forward-looking statements and forward-looking Information address future events and conditions
and therefore involve known and unknown risks and uncertainties. Forward-looking statements are frequently
characterized by words such as "plans", "expects", “estimates”, "projects", "intends", "believes", "anticipates" and
other similar words, or statements that certain events "may" or "will" occur. They can also be identified by the fact
that they do not relate strictly to historical or current facts. Forward-looking statements are based on the opinions
and estimates of management at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially from those projected in
the forward-looking statements. These factors include, but are not limited to, the inherent risks involved in the
exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other
exploration data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and
expenses, uncertainties relating to the availability and costs of financing needed in the future and other specific
factors that may be identified in the course of this presentation. No forward-looking statement can be guaranteed
and actual results may differ materially from those currently anticipated in such statements. The Company
undertakes no obligation to update forward-looking statements except as required by applicable law. The reader is
cautioned not to place undue reliance on forward-looking statements.
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WORLD-CLASS HIGH-GRADE GOLD DISCOVERY
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High-Grade Gold Discovery
17.70 metres of 24.50 g/t Gold
RIGHT ASSET
Classic low-sulphidation
epithermal system similar to
Hishikari, Kupol, and Fruta del
Norte
PROVEN MODEL
Large land package with
numerous high-potential
targets
SET FOR GROWTH
Off a Major Highway in Canada
Infrastructure: roads, power,
people, operating mines.
RIGHT LOCATION
Initial discovery area “South
Zone” and new discovery
“Franz Zone” extends strike to
approximately 4 km.
EARLY SUCCESS
40,000 metres + of drilling
planned for 2020 with funding
in place
MOVING FORWARD
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A TRACK RECORD OF EXPLORATION AND DEVELOPMENT SUCCESS
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Gareth ThomasPresident and CEO, Director
Shaun PollardCFO, Director
Peter FischlExploration Manager
Sean ThompsonVP Corporate Development and
Investor Relations
Grenville ThomasChairman
Victor TanakaDirector
Hannah McDonaldDirector
Ed BalonTechnical Advisor
M a n a g e m e n t B o a r d a n d A d v i s o r s
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SHAREHOLDER ALIGNMENT
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102,472,409Shares Outstanding:
30%
43%
10%
17%
30%INSIDER
HELD
Directors & Officers
Retail Investors
Friends & Family
Institutions & Funds
115,337,666Fully Diluted:
~$92MMarket Capitalization
$1.8MCash
185,000Daily Average Volume
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OUR UNIQUE ADVANTAGE: LOCATION
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BRITISH COLUMBIA
Vancouver
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LOW-COST EXPLORATION
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30-minute drive from Merritt
2.5-hour drive from Vancouver
5km from the Coquihalla Highway
Powerline on property
Heavily logged, with forestry roads in place
Year-around exploration
Westhaven Peers(1)
All-in drilling costs
$190/m
All-in drilling costs
(mean)
$454/m
Shovelnose Property Boundary
1. Consolidated by Sprott Capital Partners from Company Filings and S&P Market Intelligence for 2018 company exploration costs and drilling programs.
South Zone Veins
Franz Zone
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ASSAY HIGHLIGHTS 2018, 2019 & 2020
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• SN18-12: 1.65m of 175.00 g/t Au and 249.00 g/t Ag
• SN18-14: 17.70m of 24.50 g/t Au and 107.92 g/t Ag
• SN18-15: 46.90m of 8.95 g/t Au and 65.47 g/t Ag
• SN19-01: 12.66m of 39.31 g/t Au and 133.11 g/t Ag
• SN19-10: 18.50m of 11.39 g/t Au and 40.21 g/t Ag (Vein Zone 2)
• SN19-11: 1.00m of 557.00 g/t Au and 381.00 g/t Ag
• SN19-15: 7.11m of 9.42 g/t Au and 69.36 g/t Ag (Vein Zone 3)
• SN20-101: New Discovery (Franz Zone) 7.78m of 14.84 g/t Au and 39.40 g/t Ag. At surface.
• SN20-108: 34.08 metres (m) of 2.07 g/t gold (Au) and 16.50 g/t silver (Ag).
• Including: 13.10m of 4.86 g/t Au and 31.57 g/t Ag.
• Including: 2.54m of 16.88 g/t Au and 99.28 g/t Ag.
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2020 NEW DISCOVERIES – FRANZ ZONE – HIGH GRADE GOLD
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51.10 g/t Gold and 165.00 g/t Silver
34.90 g/t Gold and
120.00 g/t Silver
Franz Zone
Zone 1
Zone 2
Zone 3
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2020 NEW DISCOVERIES – FRANZ ZONE – HIGH GRADE GOLD
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7.78 metres of 14.84 g/t Gold
34.08 metres of 2.07 g/t Gold:
Including 2.54m of 16.88 g/t Gold and
13.01m of 4.86 g/t Gold
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FRANZ ZONE – HIGH GRADE GOLD AT SURFACE
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FRANZ ZONE: PLAN MAP OF DRILLING
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TARGETING THE NEXT SOUTH ZONE
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Rhyolitic
Hosts
CSAMT: Based on results
received to date; Potential
analogues for the South
Zone have been identified
Entire 5km long portion of
line 5524000mN. This is
preliminary in-progress
inversion
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SKOONKA DRILL PROGRAM 2020
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2,783 ha – 12 km northeast of Lytton, BC - Hosts low-sulphidation epithermal style gold
mineralization
Drill highlights include:
▶︎ 12.80m of 20.20 g/t Au 3.31m of 26.80 g/t Au 4.10m of 7.48 g/t Au
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LOW-SULPHIDATION EPITHERMAL – A PROVEN MODEL
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1. John, D.A., Vikre, P.G., du Bray, E.A., Blakely, R.J., Fey, D., Rockwell, B.W., Mauk, J.L., Anderson, E.D, and Graybeal, F.T., 2010. Models for Epithermal Gold-Silver Deposits; Chapter Q of Mineral Deposits for Resource
Assessment. Scientific Investigations Report 2010-5070-Q. U.S. Department of the Interior, U.S. Geological Survey.
2. Sumitomo Metal Mining Co. Ltd. Website, production as of end of March 2019.
3. Based on Yamana acquisition of Meridian in 2007 for US$3.5B (Source: National Bank Financial)
4. Based on Kinross acquisition of Bema in 2006 for US$3.1B (Source: National Bank Financial)
Fruta del Norte
Recent Market Capitalization
C$2.9 Bn
Kupol
Acquisition Cost4
US$3.1 Bn
Hishikari
Life of Mine Production2:
7.7 Moz
El Penon
Acquisition Cost3
C$4 Bn
Las Chispas
Recent Market Capitalization
C$1.2 Bn
Lihir
Au Reserves
24 Moz
Waihi
Life of Mine Production
3.0 Moz
Hishikari1Shovelnose
Recent Market Capitalization
C$92M
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RIGHT TIMING FOR INVESTMENT
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RIGHT ASSET
PROVEN MODEL
SET FOR GROWTH
RIGHT LOCATION
EARLY SUCCESS
MOVING FORWARD
Steady news flow and ongoing
40,000 + meter drill program.
$0.92
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www.westhavengold.com
For more information, contact:
Sean Thompson
604-336-6921