Westhaven Reports 8.12m Grading 47.56 g/t Gold and 229 g/t Silver from Shovelnose Property, Southern British Columbia

High-grade results at South Zone; 8.12m grading 47.56 g/t Au and 229 g/t Ag within a 33.0m interval grading 14.00 g/t Au and 78 g/t Ag. Broad, consistent mineralization intersected, including 24.63m grading 9.51 g/t Au and 44 g/t Ag, reinforcing continuity and scale. 2026 drilling program advancing on schedule at 33% complete (11,514m, 40 holes) and four active drills at site. VANCOUVER, British Columbia, May 26, 2026 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V: WHN) (OTCQB: WTHVF) (FRA: 1W5)  (“Westhaven” or the “Company”) is pleased to report continued progress on its 2026 exploration program at the Shovelnose gold and silver project (“Shovelnose”), in southern British Columbia, including results from an additional 10 drill holes from ongoing mineral resource infill drilling at the South Zone deposit.

This work is being funded under a strategic earn-in agreement with Dundee Corporation (“Dundee”), whereby Dundee may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties through up to CDN$85,000,000 in staged project expenditures. Under the first phase, Dundee has committed a minimum of CDN$30,000,000, inclusive of a fully funded 50,000m drill program and Pre-Feasibility work at Shovelnose. Ken Armstrong, President and CEO of Westhaven, commented: “Early results from resource infill drilling at the South Zone deposit continue to meet expectations, with several highlight intercepts including 8.12m grading 47.56 g/t Au and 229 g/t Ag from hole SNR26-73 and 24.63m grading 9.51 g/t Au and 44 g/t Ag from hole SNR26-74, and d rill holes intended to define the edges of the deposit constraining mineralization as expected.

The 2026 drilling program at Shovelnose is progressing on schedule, with four drills turning on the property