Westhaven Gold Corp
Westhaven Gold Corp is a pre-revenue Canadian junior gold explorer advancing high-grade epithermal gold and silver projects across four 100%-owned properties in British Columbia's Spences Bridge Gold Belt, with Shovelnose as its flagship asset.
- Company typePublic
- Founded2005
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Westhaven Gold Corp does
Westhaven Gold Corp is a Canada-based, pre-revenue junior gold exploration company focused on discovering and advancing high-grade, low-sulphidation epithermal gold and silver deposits in the Spences Bridge Gold Belt of southern British Columbia. The company controls approximately 60,263-61,512 hectares of 100%-owned mineral claims across four properties — Shovelnose, Prospect Valley, Skoonka, and Skoonka North — supported by a proprietary geological database built on 355 drill holes and over 100,000 metres of drilling. Its core technical asset is the Shovelnose project, for which an updated 2025 Preliminary Economic Assessment reported an after-tax NPV of CDN$454 million.
The business model is exploration-driven and non-revenue-generating in the near term, with capital sourced from equity issuances and strategic partner earn-ins rather than product sales. The defining 2026 event is a CDN$85 million earn-in agreement with Dundee Corporation, complemented by a CDN$3 million private placement, that fully funds a 50,000-metre drill program and a Pre-Feasibility Study at Shovelnose. The company is publicly listed on the TSX-V (WHN.V), OTCQB (WTHVF), and Frankfurt (1W5), with a market capitalization of roughly CDN$70 million, and has expanded its investor relations and permitting/Indigenous Relations leadership to support the transition from exploration toward development.
Westhaven Gold Corp firmographics
Firmographics- Name
- Westhaven Gold Corp
- Legal name
- Westhaven Gold Corp.
- Website
- https://westhavengold.com
- Company type
- Public
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Westhaven Gold Corp is a pre-revenue Canadian junior gold explorer advancing high-grade epithermal gold and silver projects across four 100%-owned properties in British Columbia's Spences Bridge Gold Belt, with Shovelnose as its flagship asset.
- Ownership category
- akta.pro rank
Westhaven Gold Corp industry classification
Industry- Product category
- Gold Exploration & Mining
- NAICS
- Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industries
- Silver Mining (IMAKAEAB), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
Keywords
Where Westhaven Gold Corp is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Westhaven Gold Corp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Pre-Revenue Exploration Stage: Westhaven is a pre-revenue junior gold exploration company. The company generates no current operating revenue. Funding is entirely through equity financings (private placements, flow-through shares) and earn-in agreements with strategic partners who fund exploration in exchange for project equity stakes.
- Dundee Earn-In Agreement: Dundee Corporation has committed CDN$85 million in staged expenditures to earn up to 60% in Westhaven's Spences Bridge Gold Belt properties. Dundee commits minimum CDN$30 million by February 2029 for an initial 25% stake. This structure provides capital for exploration while Westhaven retains operatorship until Dundee reaches 50% interest.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Westhaven Gold Corp product offering
Product offeringCore offering
Westhaven Gold Corp is a Canadian mineral exploration company that acquires, explores, and advances gold-silver properties on the Spences Bridge Gold Belt in southwestern British Columbia. It controls approximately 62,000 hectares of contiguous mineral claims across four properties (Shovelnose, Prospect Valley, Skoonka, and Skoonka North), and its offering to the market is exposure to exploration upside and the eventual development of these gold assets, with the flagship Shovelnose project advanced to a Preliminary Economic Assessment in 2024 and a strategic CDN$85M earn-in partnership in place with Dundee Corporation.
Product overview
Westhaven Gold Corp is a gold and silver focused exploration and development company operating as a junior mining explorer in British Columbia, Canada. The company's product portfolio consists of four 100%-owned gold properties totaling approximately 60,263-61,512 hectares along the underexplored Spences Bridge Gold Belt: Shovelnose Gold Project (most advanced, with completed 2025 PEA showing CDN$454M NPV), Prospect Valley Gold Project, Skoonka Gold Project, and Skoonka North Project. The flagship Shovelnose project represents the core value driver with a published preliminary economic assessment outlining an 11-year underground mining operation, while the other three properties serve as earlier-stage exploration assets. All four properties are subject to a strategic CDN$85 million earn-in partnership with Dundee Corporation for accelerated development.
Differentiator
Problem solved
Functional benefit
Products and services
- Shovelnose Gold-Silver Property Flagship gold-silver exploration property on the Spences Bridge Gold Belt in southwestern British Columbia, hosting the newly discovered South Zone high-grade mineralization, advanced to a 2024 Preliminary Economic Assessment demonstrating strong project economics. Targeted at gold and silver mineral resources with a defined path toward potential near-term production.
- Prospect Valley Gold Property Early-to-mid-stage gold exploration property located north of Shovelnose on the Spences Bridge Gold Belt in British Columbia, situated between the Bralorne–Camp Creek gold system and the Shovelnose property, providing an exploration target along strike. Targeted at epithermal gold deposits.
- Skoonka Gold Property Southwest-trending gold epithermal system located south of the Shovelnose property on the Spences Bridge Gold Belt in British Columbia, hosting the Skoonka gold occurrence. Targeted at epithermal gold deposits.
- Skoonka North Gold Property Gold epithermal system located in the northern portion of the Spences Bridge Gold Belt in British Columbia, north of the Shovelnose property, hosting the JJ/Vector Zone showing gold-in-soil geochemistry anomalies. Targeted at epithermal gold deposits.
Quantifiable outcome
- CDN$454M after-tax NPV (6% discount rate) and 43.2% IRR from Shovelnose 2025 PEA
- +4 more outcomes
Companies that use Westhaven Gold Corp
Customer profileSegments2 records
Ideal customer profiles2 records
Westhaven Gold Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Westhaven Gold Corp partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- San Diego Torrey Hills CapitalcoreWesthaven entered a three-month investor relations agreement with San Diego Torrey Hills Capital effective April 1, 2026, at a monthly fee of US$7,000, automatically extending unless terminated with 30 days' notice. SDTHC is a U.S.-based IR and corporate communications firm headquartered in Rancho Santa Fe, California, founded in 1998, providing investor relations, corporate communications, market visibility strategies, and U.S. capital markets advisory to emerging growth companies. The engagement supports Westhaven's expanding U.S. capital markets presence following its OTCQB listing, with SDTHC assisting in investor awareness, roadshows, and institutional outreach across North American markets. Agreement is subject to TSX Venture Exchange approval.
Scale indicators11 records
Recent moves6 records
Expansion highlights1 record
Westhaven Gold Corp competitors and assessment
Company assessmentDirect peers
- Artemis Gold Inc. BC-focused gold developer with the Blackwater project advancing through feasibility/permits. Same Tier-1 jurisdiction and gold-only product focus as Westhaven, both trading on TSX-V with analogous exploration-to-PEA development trajectories.
- Troilus Gold Corp. Canadian junior gold developer with a PEA-stage asset (Troilus project in Quebec). Same pre-production development stage, capital-markets-driven GTM model, and need for partner funding or strategic sale to advance to production.
- Marathon Gold Corp. Canadian gold developer advancing the Valentine Gold Project in Newfoundland toward production. Comparable resource scale, gold-only focus, public junior with PFS-stage economics — the kind of pre-production peer whose trajectory informs Westhaven's eventual exit.
- New Found Gold Corp. Canadian gold explorer with high-grade epithermal/vein mineralization at Queensway in Newfoundland. Similar capital-markets-driven, drill-driven GTM model and pre-resource/stage of PEA development for comparable market valuation.
- Goldshore Resources Inc. Junior gold explorer with district-scale land position analogous to Westhaven (e.g., Moss Lake in Ontario). Comparable market cap, share structure, and pre-development stage with no operating revenue.
- Skeena Resources Limited: Canadian gold developer with the Eskay Creek project in BC advancing through PFS/FS prior to acquisition by Hochschild. Direct peer in jurisdiction, project type, and stage — illustrates the BC gold developer M&A pathway that could apply to Westhaven.
- Sabre Gold Mines Corp. Junior gold company focused on development-stage assets (Copperstone in Arizona, Brewery Creek in Yukon). Similar stage, similar capital-markets-driven GTM, comparable market cap range — useful proxy for valuation trajectory.
- Defender Gold Corp. Small Canadian gold explorer with similar exploration-stage profile and BC-related activity. Smaller market cap than Westhaven but useful as a near-direct micro-cap comparable in the BC gold exploration peer set.
Broad incumbents
- Eldorado Gold Corporation: Established mid-tier gold producer operating BC mines (e.g., Lamaque in Quebec, Efemcukuru in Türkiye). Demonstrates the exit pathway from junior explorer to mid-tier producer in Tier-1 jurisdictions — relevant acquirer profile for Westhaven.
- Newmont Corporation: World's largest gold producer with active BC operations at Brucejack. Provides the major-producer strategic-acquirer benchmark relevant to Westhaven's positioning near infrastructure and producing mines; Pamela O'Hara's prior Newmont ties further link the two.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Westhaven Gold Corp social profiles
Digital presenceWesthaven Gold Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Westhaven Gold Corp leadership team
Management profileNumber of profiles
Profiles13 records
Westhaven Gold Corp funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Westhaven Gold Corp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Westhaven Gold Corp
What does Westhaven Gold Corp do?
Westhaven Gold Corp is a Canadian mineral exploration company that acquires, explores, and advances gold-silver properties on the Spences Bridge Gold Belt in southwestern British Columbia. It controls approximately 62,000 hectares of contiguous mineral claims across four properties (Shovelnose, Prospect Valley, Skoonka, and Skoonka North), and its offering to the market is exposure to exploration upside and the eventual development of these gold assets, with the flagship Shovelnose project advanced to a Preliminary Economic Assessment in 2024 and a strategic CDN$85M earn-in partnership in place with Dundee Corporation.
Is Westhaven Gold Corp a public or private company?
Westhaven Gold Corp is a public company. It is classified as public and is currently operating.
When was Westhaven Gold Corp founded?
Westhaven Gold Corp was founded in 2005. It employs 1 to 10 people.
Where is Westhaven Gold Corp based?
Westhaven Gold Corp is headquartered in Vancouver, Canada, in the North America region.
How does Westhaven Gold Corp make money?
Two revenue lines are on record. Pre-Revenue Exploration Stage is the primary driver. The others are dundee Earn-In Agreement.
Who are Westhaven Gold Corp's main competitors?
Direct peers on record are Artemis Gold Inc., Troilus Gold Corp., Marathon Gold Corp., New Found Gold Corp., Goldshore Resources Inc., Skeena Resources Limited, Sabre Gold Mines Corp. and Defender Gold Corp.. Broad incumbents are Eldorado Gold Corporation and Newmont Corporation.
Does Westhaven Gold Corp have an API?
No public API is recorded for Westhaven Gold Corp.
What industry is Westhaven Gold Corp in?
Westhaven Gold Corp's product category is Gold Exploration & Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 21222 and its SIC code is 1040.