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Westhaven’s Final 2025 Shovelnose Results Highlight High-Grade South Zone Hit, Set Stage for Expanded 2026 Drilling

Story Highlights
  • Westhaven’s 2025 Shovelnose drilling returned strong South Zone infill results and identified new structural targets with anomalous gold and silver.
  • The 2025 program advances Shovelnose toward pre-feasibility and underpins a larger 2026 drill campaign funded by a C$85 million earn-in with Dundee.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Westhaven’s Final 2025 Shovelnose Results Highlight High-Grade South Zone Hit, Set Stage for Expanded 2026 Drilling

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The latest update is out from Westhaven Ventures ( (TSE:WHN) ).

Westhaven Gold Corp. reported final results from its 2025 drilling program at the Shovelnose Gold Project in British Columbia, highlighted by a key infill hole at the South Zone that returned 70.79 metres grading 1.13 g/t gold and 14.1 g/t silver, including 8.05 metres at 6.18 g/t gold and 89.7 g/t silver. Additional holes identified new northwest-trending structural zones and altered volcanic rocks with anomalous gold, silver and pathfinder elements up to 3 kilometres from the South Zone, supporting the potential for additional epithermal systems beyond existing deposits. The 17-hole, 8,206-metre 2025 program has improved geological and geotechnical understanding needed for advancing Shovelnose toward pre-feasibility, while setting up an expanded 2026 drill campaign of up to four rigs, funded through a recently announced C$85 million earn-in agreement with Dundee Corporation, which positions Westhaven for accelerated exploration and potential resource growth across the district-scale Spences Bridge Gold Belt.

The most recent analyst rating on (TSE:WHN) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on Westhaven Ventures stock, see the TSE:WHN Stock Forecast page.

Spark’s Take on TSE:WHN Stock

According to Spark, TipRanks’ AI Analyst, TSE:WHN is a Neutral.

The score is held back primarily by weak operating fundamentals (no revenue, ongoing losses, and negative free cash flow). Offsetting this are a strong low-debt balance sheet, improving near-term technical momentum, and constructive corporate events—most notably the Dundee earn-in and financing support that can fund project advancement.

To see Spark’s full report on TSE:WHN stock, click here.

More about Westhaven Ventures

Westhaven Gold Corp. is a Canadian mineral exploration company focused on gold, advancing its Shovelnose Gold Project in southern British Columbia’s Spences Bridge Gold Belt. The company is working to define and expand epithermal gold-silver deposits such as the South Zone, FMN and Franz, with an eye toward progressing Shovelnose toward pre-feasibility and potential mining development.

Average Trading Volume: 377,802

Technical Sentiment Signal: Hold

Current Market Cap: C$64.75M

For detailed information about WHN stock, go to TipRanks’ Stock Analysis page.

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