EXPLORING BRITISH COLUMBIA’S NEWEST GOLD BELT www.westhavenventures.com Cautionary & 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. 2 District-Scale Potential in B.C. ~30,000 ha Spences Bridge Gold Belt (SBGB) Vancouver 3 Regional Geology Spences Bridge Group (SBG) Southern Intermontane tectonic belt Low-sulphidation epithermal gold quartz veins occur throughout the range of SBG stratigraphy. 4 SPENCES BRIDGE GOLD BELT History – Fraser River Gold Rush Spences Bridge SKOONKA CREEK The discovery of coarse placer gold at the confluence of the Nicoamen and Thompson Rivers in 1857 sparked the Fraser River Gold Rush that a In 2005 (1st drill Lytton year later drew an estimated 20,000 prospectors. program on the belt), an intercept grading 20.2 g/t gold over 12.8 metres confirmed the presence of PROSPECT high grade VALLEY epithermal gold on the SBGB. SHOVELNOSE Yale 25 km 5 SPENCES BRIDGE GOLD BELT History – Fraser River Gold Rush Yale, B.C. 1860’s ➢ With miners staking their claims along the Fraser Canyon region, the town of Yale boomed. During its heyday, Yale was the largest town north of San Francisco and west of Chicago, with a peak population of about 16,000. 66 Shovelnose Gold Property (100%) ➢ 18,768 hectares Kamloops Merritt ➢ Quartz veins exposed by surface trenching grade up to 66 g/t gold (Au) and up to 119 g/t Au and 271 g/t Silver (Ag) in float ➢ Drilling Highlights include: • SN17-06: 85m of 0.52 g/t Au, including 8m of 1.43 g/t Au and 17m of 1.02 g/t Au. Merritt • SN16-02: 119.6m of 0.27 g/t Au, including 0.5m of 16.7 g/t Au and 29.9 g/t silver (Ag) • SN17-07: 231m of 0.17 g/t Au, including 24.8m grading 0.8 g/t Au which in turn includes 5.7m grading 2.5 g/t Au and 4m 10 km grading 3.23g/t Au. 7 Property Geology ➢ Property-scale geology is underlain by late Triassic Nicola Group volcanics and equivalent-aged intrusives, mid- Cretaceous Spences Bridge Group volcanics of the Pimainus Formation ➢ Outcrops are generally small and most abundant on topographic highs 104.5 ± 0.3 Million years (Ma) from the hornblende biotite rhyolite and 59.1 Ma for the rhyolite at the top of Shovelnose Mountain suggest these rhyolites are mid-Cretaceous to early Tertiary in age (Diakow and Barrios, 2008). 8 Anomalous Gold in Limited Drilling Over 2.5 km’s SN12-04: 50.4m grading 0.54 g/t Au 11SH-004: 25.6m grading 0.32 g/t Au 11SH-003: 1.5m grading 3.0 g/t Au, incl 0.4m of 6.1g/t Au SN16-02: 119.6m grading 0.27 g/t Au, incl 0.5m of 16.7 g/t Au 11SH-005: 0.54m SN17-07 grading 2.67 g/t Au SN17-06: 85m of 0.52 g/t Au, SN17-06 including 8m of 1.43 g/t Au and 17m of 1.02 g/t Au. 2.5 km’s 9 High Grade Gold (119 g/t Au in float, 66 g/t Au in trenching and 16.7 g/t Au in drilling) 66 g/t Au from trenching SN16-02: 0.5m of 16.7 g/t SN16-02: 0.6m of 4.95 Au and 29.9 g/t Ag g/t Au and 43 g/t Ag SN11-03: 0.4m of 6.2 g/t Au and 6.1 g/t Ag 10 New Discovery (Announced January 2018) Merritt 5.7m grading 2.5 g/t Au and 4m grading 3.23g/t Au. 12 Drilled Yesterday Merritt 13 Merritt 14 Skoonka Creek Gold Property (100%) Spences Bridge ➢ 2,783 hectares ➢ Drill Highlights Include: • SC05-008: 12.8m of 20.2 g/t gold and 14.2 g/t silver including, 2.9m grading 51.1 g/t gold and 46.9 g/t silver; also including, 0.75m of 117.1 g/t gold and 49.2 g/t silver • SC05-007: 3.3m of 26.8 g/t gold Merritt and 28.8 g/t silver including, (Population 7,000) 1.57m of 54.5 g/t gold and 56.75 g/t silver • SC05-006: 4.1m of 7.48 g/t gold and 4.15 g/t silver including, 1.25m of 16.2 g/t gold and 5.76 g/t silver 15 Property Geology ➢ The Cretaceous Spences Bridge Group volcanics underlie the property ➢ Two formations: Spius overlies the Pimainus ➢ Spius consists of andesite flows (green) and the Pimainus is tuffs (brown), fine grained andesite flows (blue) and minor seds ➢ Epithermal mineralization discovered to date is restricted to the Pimainus 1516 Core Photos: 12.8m of 20.2 g/t Gold 54.5 g/t Au over 1.57 m 238 g/t Au over 0.38 m Visible gold Merritt (Population 7,000) • Classic epithermal textures; • Precipitation of coarse evidence of fluid flow & boiling gold 17 SKOONKA CREEK CREEK GOLD PROPERTY SKOONKA Extensive Gold in Soil Anomalies Au in Soils Merritt (Population 7,000) 18 SKOONKA CREEK CREEK GOLD PROPERTY SKOONKA Proposed Drill Hole Locations SC05-007 : 26.8 g/t Au over 3.31m SC05-008 : 20.2 g/t Au over 12.8m 192 PROSPECT VALLEY GOLD PROPERTY VALLEY PROSPECT Prospect Valley Gold Property (100%) Spences Bridge ➢ 10,871 hectares Highland Valley Copper (Largest Open Pit Mine in Canada) ➢ Potential to host bulk tonnage and/or high grade vein deposits ➢ Limited drilling has outlined a NI 43-101 compliant Inferred Resource totaling 166,000 ounces grading 0.511 g/t gold in 10,077,000 metric Merritt tonnes above a cut-off of 0.30g/t gold at the combined Discovery South and Discovery North Zones 25 km 202 Drilling Highlights ➢ PV2016-04 returned 95.70m of 0.70 Kamloops g/t gold and 5.71 g/t silver including, 15m grading 2.23 g/t gold and 15.18 g/t silver ➢ DDH-2006-21 returned 45.70m of 1.44 g/t gold and 8.2 g/t silver including: 4.60m grading 4.38 g/t gold and 8.90m grading 2.03 g/t Lytton gold Merritt ➢ DDH-2007-02 returned 32.20m of 1.40 g/t gold and 9.70 g/t silver Boston Bar ➢ DDH-2007-05 returned 6.71m of 3.62g/t gold including:1.33m grading 12.20g/t gold and 24.30 g/t silver 21 PROSPECT VALLEY GOLD PROPERTY VALLEY PROSPECT 10 km Strike Length Potential Kamloops HighlyEQUITY Anomalous EXPLORATION CONSULTANTSGold in Soils NI 43-101 REPORT, January 11, 2012: It seems quite possible that the fault/epithermal system which controls the Discovery Lytton Zone extends across the entire property from the Merritt Bonanza Valley target in the south to the stream sediment anomalies on the Boston Bar northern boundary, a distance of ten kilometres. 22 COMPARISON FOOTPRINTS COMPARISON Comparison Footprints: Giant Systems ➢ 23 million Prospect Valley Kamloopsoz. of gold produced ➢ 396,000 oz. of gold produced annually Shovelnose Lytton Merritt Boston Bar SOUTH ZONE ➢ 1.1 million oz. gold proven & probable ➢ 36.1 million oz. of silver proven & probable 23 Opportunity ➢ Large land package on underexplored gold belt ➢ District scale potential ➢ Low cost exploration resulting from proximity to infrastructure ➢ CURRENTLY Drilling Shovelnose ➢ Drilling Skoonka in early Summer 2018 24 CONTACT INFORMATION CONTACT Contact Information 1056 – 409 Granville Street Vancouver, BC V6C 1T2 Tel: (604) 681-5558 Fax: (604) 681-5528 www.westhavenventures.com [email protected] 25.
Details
-
File Typepdf
-
Upload Time-
-
Content LanguagesEnglish
-
Upload UserAnonymous/Not logged-in
-
File Pages24 Page
-
File Size-