Mr. Gareth Thomas reports

WESTHAVEN EXPANDS CLAIM PACKAGE AT THE SHOVELNOSE GOLD PROPERTY

Westhaven Gold Corp. has entered into a strategic transaction with Talisker Resources Ltd. which will, together with additional staking completed by Westhaven, expand the Shovelnose gold property by 24,000 hectares to 41,623 hectares. The Shovelnose is located within the prospective Spences Bridge gold belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, B.C.

Westhaven entered into a property purchase agreement dated Aug. 19, 2024 (the agreement), with Talisker to acquire 12 claims covering 23,550 hectares contiguous with its Shovelnose gold property (the claims). Westhaven has staked an additional 450 hectares.

• Westhaven has increased its exposure to this emerging epithermal gold district; Spences Bridge gold belt.
• Exploration by Westhaven has highlighted a corridor that hosts South zone, FMN and Franz, extends for over 11 kilometres and trends into these claims to the southeast.
• The southeast extent of this corridor is highly prospective, containing anomalous epithermal pathfinders; antimony (Sb) and mercury (Hg), and the recently discovered Certes showing, where banded mercury-bearing, high-level epithermal quartz has been identified.
• The Certes showing (located approximately six km to southeast of the South zone) and the southeast extent of the corridor has not been drill tested.
• The presence of high-level quartz veins and anomalous Sb-Hg (antimony-mercury) geochemistry, suggests that the southeast extent of the Shovelnose epithermal corridor is more preserved, raising the potential for additional discoveries within this area.

Gareth Thomas, president and chief executive officer, states: "Property wide prospecting, sampling and mapping continue to generate new zones of interest outside of the main discovery and resource areas at Shovelnose. Cumulative geochemical and geophysical data continues to highlight a potentially significant mineralized corridor that projects across the Shovelnose property in a northwest-southeast orientation." Mr. Thomas goes on to add: "This corridor which now spans more than 11 kilometres, includes the Franz, FMN, Line 6 and South zones, and soon-to-be-drill-tested, Certes zone. By acquiring and staking these claims, Westhaven has increased the potential exposure to this mineralized corridor as well as prospective ground identified by Talisker's exploration efforts."

Pursuant to the agreement, Westhaven will acquire the claims from Talisker by paying $20,000 in cash, granting a 1-per-cent net smelter royalty (NSR) on the claims and issuing an aggregate of 1.5 million common shares of the company. The shares will be subject to contractual restrictions to be released in equal instalments at four months, eight months and 12 months from the date of issue. Westhaven will have the option to buyback the 1-per-cent NSR at anytime for $1-million.

The transaction remains subject to satisfaction of closing conditions customary for transactions of this nature as well as TSX Venture Exchange approval. In addition to the contractual restrictions outlined herein, all of the shares issuable pursuant to the agreement will be subject to applicable resale restrictions under Canadian securities laws and the rules and policies of the TSX Venture Exchange.

Qualified person statement

Peter Fischl, PGeo, who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this release.

About Westhaven Gold Corp.

Westhaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district -- the Spences Bridge gold belt. Westhaven controls 37,000 hectares (370 square kilometres) with four 100-per-cent-owned gold properties spread along this underexplored belt. The Shovelnose property is situated off a major highway, near power, rail and large producing mines, and within commuting distance from the city of Merritt, which translates into low-cost exploration.

Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN.