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EXPLORING BRITISH COLUMBIA’S NEWEST GOLD BELT
Corporate Presentation
September 2020
EXPLORING BRITISH COLUMBIAS NEWEST GOLD BELT Corporate Presentation - - PowerPoint PPT Presentation
EXPLORING BRITISH COLUMBIAS NEWEST GOLD BELT Corporate Presentation September 2020 TSX-V: : WHN N | CAUTIONARY AND FORWARD LOOKING STATEMENTS Certain statements contained in this presentation that are not historical facts are
TSX-V: : WHN N |
EXPLORING BRITISH COLUMBIA’S NEWEST GOLD BELT
Corporate Presentation
September 2020
TSX-V: : WHN N |
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
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 Thomas
President and CEO, Director
Shaun Pollard
CFO, Director
Peter Fischl
Exploration Manager
Sean Thompson
VP Corporate Development and Investor Relations
Grenville Thomas
Chairman
Victor Tanaka
Director
Hannah McDonald
Director
Ed Balon
Technical 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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102,472,409
Shares Outstanding:
30% 43% 10% 17%
INSIDER HELD
Directors & Officers Retail Investors Friends & Family Institutions & Funds 115,337,666
FullyDiluted:
~$122M
Market Capitalization
$4M
Working Capital
185,000
Daily Average Volume
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OUR UNIQUE ADVANTAGE: LOCATION
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BRITISH COLUMBIA
Vanco couver uver
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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
Shovelnos nose Property Bound ndar ary
South h Zone Veins ns Franz nz Zone
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ASSAY HIGHLIGHTS 2018, 2019 & 2020
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Au and 249.00 g/t Ag
Au and 107.92 g/t Ag
8.95 g/t Au Au and 65.47 g/t Ag
19-01: 12.66m of 39.31 g/t Au Au and 133.11 g/t Ag
19-10: 18.50m of 11 11.39 g/t Au Au and 40.21 g/t Ag (Vein Zone 2)
19-11: 1.00m of 557.00 g/t Au Au and 381.00 g/t Ag
19-15: 7.11m of 9.42 g/t Au Au and 69.36 g/t Ag (Vein Zone 3)
101: : New ew Discove very (Franz Zone) 7.78m of
Au and 39.40 g/t Ag. At At surface.
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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 nz Zone
Zone e 1 Zone e 2 Zone e 3
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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 AuTSX-V: : WHN N |
LOW-SULPHIDATION EPITHERMAL – A PROVEN MODEL
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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
Hishikari1 Shovelnose
Recent Market Capitalization
C$122M
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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 30,000 + meter drill program. $1.20
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www.westhavengold.com
For more information, contact: Sean Thompson 604-336-6921 info@w @westha havengold.