Company Overview

Westhaven Gold Corp. is a Canada-based mineral exploration company focused on the discovery and development of high-grade gold deposits. The company operates within the mineral exploration and mining industry, with a primary emphasis on precious metals, particularly gold. Its business model is centered on acquiring, exploring, and advancing early- to mid-stage mineral properties rather than producing metals, and as such it does not generate operating revenue from mining production.

The company’s principal asset and revenue driver is its Shovelnose Gold Project, which is considered the flagship property and the primary focus of capital allocation and technical work. Westhaven Gold Corp. is positioned as a focused, single-district explorer with a strategy of delineating economically viable gold resources in a stable, mining-friendly jurisdiction. Founded in 2011, the company evolved through property consolidation and systematic exploration in southern British Columbia, transitioning from a multi-asset junior explorer to a more concentrated, project-driven organization.

Business Operations

Westhaven Gold Corp.’s operations consist exclusively of mineral exploration activities, including geological mapping, geophysical surveys, trenching, and diamond drilling. The company operates through a single reportable business segment, mineral exploration, with no commercial production or refining activities. Its expenditures are primarily related to exploration programs, property maintenance, and corporate overhead.

All operational activities are conducted domestically in Canada, with no international mining or exploration operations. The company controls its assets through wholly owned subsidiaries and mineral tenure agreements, retaining full or majority ownership of its core properties. Westhaven does not operate processing facilities or proprietary extraction technologies and does not currently participate in joint ventures for its flagship asset, maintaining direct operational control.

Strategic Position & Investments

The company’s strategic direction is focused on advancing the Shovelnose Gold Project through continued drilling, resource definition, and technical studies aimed at demonstrating scale and grade potential. Growth initiatives center on expanding known mineralized zones and identifying new high-grade targets within the broader land package. The company has historically relied on equity financing to fund exploration, consistent with industry norms for junior exploration companies.

Westhaven Gold Corp. has pursued a disciplined investment approach, limiting its portfolio to a small number of projects in order to concentrate capital and technical expertise. While it has evaluated additional regional opportunities, its strategy prioritizes organic growth over acquisitions. The company is not currently involved in emerging mining technologies or downstream processing innovations, instead focusing on conventional exploration methodologies and resource delineation.

Geographic Footprint

Westhaven Gold Corp.’s geographic footprint is entirely concentrated in Canada, specifically in British Columbia, one of the world’s most established and regulated mining jurisdictions. Its headquarters are located in Vancouver, British Columbia, which serves as the administrative and strategic center for the company.

The company’s exploration properties are situated in southern British Columbia, providing access to established infrastructure, skilled labor, and supportive regulatory frameworks. Westhaven does not have operational or investment exposure outside of North America, and its influence is limited to regional exploration activities rather than global mining operations.

Leadership & Governance

Westhaven Gold Corp. is led by an experienced management team with backgrounds in mineral exploration, corporate finance, and public company governance. The leadership emphasizes technical rigor, capital discipline, and systematic exploration as core elements of its strategic vision. Governance is overseen by a board of directors with experience in junior mining and public markets.

Key executives include:

• Gareth Thomas – President & Chief Executive Officer
• Ian Stalker – Executive Chairman
• John McDonald – Chief Financial Officer
• Quinton Hennigh – Technical Advisor & Director

The leadership team’s philosophy centers on value creation through discovery, with an emphasis on advancing assets to a stage that may attract strategic partners or acquirers rather than building long-term production infrastructure.