Ms. Eira Thomas reports

WESTHAVEN ANNOUNCES LEADERSHIP CHANGES; APPOINTS ARMSTRONG PRESIDENT & CEO

Gareth Thomas will step down as president and chief executive officer of Westhaven Gold Corp., effective April 30, 2025, with the board of directors appointing Ken Armstrong as the new president and chief executive officer, effective May 1, 2025. Mr. Thomas, who has served in an executive capacity with Westhaven since 2010 and chief executive officer since 2018, will remain as a director and adviser to the board.

Eira Thomas, chairperson, commented: "Gareth led Westhaven from an early-stage, grassroots gold exploration concept, through multiple high-grade gold drilling discoveries and, most recently, the completion of a PEA [preliminary economic assessment] outlining a robust development opportunity at Shovelnose, the company's flagship project in Southern B.C. We are indebted to Gareth for his commitment and leadership during this critical phase in the company's development." She further stated: "This planned transition represents a strategic renewal of leadership as we work to rapidly advance the Shovelnose project towards feasibility in parallel with ongoing gold exploration efforts across our highly prospective Spences Bridge portfolio of properties. We are delighted to be welcoming industry veteran Ken Armstrong as chief executive officer to lead this effort."

Mr. Thomas stated: "I am very proud of what we've accomplished on the Spences Bridge gold belt since Westhaven's inception in 2010. This transition marks a new chapter for the company as we advance towards development at Shovelnose, and I am excited for what the future holds under Ken's leadership. The relationships that we have established within the Nlaka'pamux Nation are particularly important to me. These relationships are founded on respect, trust and collaboration, and I remain fully committed to continuing to work with the Nlaka'pamux Nation in my role as a director and adviser to Westhaven."

Mr. Armstrong is a seasoned exploration and mining professional with over 30 years of experience, including 20 years as a corporate executive for publicly listed exploration and mining companies covering a range of commodities, including diamonds, gold, nickel and tin. Mr. Armstrong has a distinguished record in mineral exploration, corporate leadership and strategic project development and has also received recognition for excellence in community and government engagement. His diverse leadership roles include serving most recently as chief executive officer and director of North Arrow Minerals, director and interim chief executive officer of Cornish Metals Inc., executive director of the NWT and Nunavut Chamber of Mines, and previously leading Strongbow Exploration Inc. (now Cornish Metals). He is a registered professional geoscientist in the Northwest Territories, Nunavut and Ontario.

Westhaven has granted one million incentive stock options to Mr. Armstrong pursuant to the terms of its 10-per-cent rolling equity incentive plan, which was approved by shareholders at the annual general meeting held on June 24, 2024. The stock options have an exercise price of 15 cents per share and a five-year term and will vest in thirds over a period of 18 months from the date of grant. Following this grant of stock options, there are 16,555,000 stock options outstanding, representing 8.8 per cent of the company's issued and outstanding common shares.

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 approximately 61,512 hectares (approximately 615 square kilometres) with four 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.