Vancouver, B.C. – February 22^nd, 2022 – Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce drill results from its ongoing, fully-financed drill campaign at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.

Gareth Thomas, President & CEO, comments: “Hole SNR21-55 (8.00m of 20.22 g/t gold and 83.97 g/t Ag) is a completely new high-grade gold discovery within Vein Zone 2 at the Alpine Zone. This hole is approximately 500 metres from previous high-grade intercepts within Vein Zone 2 at the South Zone. This is very exciting as it remains open to the northwest and gives us a whole new area to focus on.”

Recent Drilling Highlights:

• SNR21-55 (Alpine : 44.00-52.00m)
  8.00 metres (m) of 20.22 g/t gold (Au) and 83.97 g/t silver (Ag),
  including 3.13m of 45.23 g/t Au and 195.64 g/t Ag.
  
  (203.00-220.00m)
  17.00m of 1.02 g/t Au and 1.24 g/t Ag
  including 3.00m of 5.25 g/t Au and 5.44 g/t Ag.
• SNR21-54 (Alpine : 212.48-240.00m)
  27.52m of 0.68 g/t Au and 1.04 g/t Ag,
  including 3.00m of 4.84 g/t Au and 6.16 g/t Ag.
• SNR21-53 (Alpine : 27.76-101.00m)
  73.24m of 0.39g/t Au and 2.91 g/t Ag,
  including 1.98m of 7.22 g/t Au and 15.34 g/t Ag.

Westhaven is reporting assays for 5 holes from its ongoing drill campaign at Shovelnose. Please click the following link to the 2021 drill database table of assay results:

Peter Fischl, Exploration Manager, comments: “Hole SNR21-55 is amongst a group of 17 in-fill holes located in the northwestern part of the currently defined in-pit resource that have not been incorporated into the current resource estimate of 1.1 million ounces gold equivalent. Additional step outs are being planned to follow-up this high-grade intersection in hole SNR21-55.  This gold-bearing vein at the top of Vein Zone 2 remains open to the northwest.  The shallow nature of this mineralization will contribute to the open-pit potential for this part of the Alpine target area.”

On behalf of the Board of Directors
WESTHAVEN GOLD CORP.

“Gareth Thomas

Gareth Thomas, President, CEO & Director

Qualified Person Statement

Peter Fischl, P.Geo., who is a Qualified Person within the context of National Instrument 43-101 has read and takes responsibility for this release.