05:40:56 EDT Wed 15 May 2024
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West Mining Corp (2)
Symbol WEST
Shares Issued 9,146,230
Close 2024-04-18 C$ 0.23
Market Cap C$ 2,103,633
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West Mining plans resampling program at Kena, Daylight

2024-04-19 16:41 ET - News Release

Mr. Nader Vatanchi reports

WEST MINING CORP. CORE SAMPLING PROGRAM DESIGNED TO UPGRADE CURRENT RESOURCE ON ITS 100% OWNED KENA PROJECT

West Mining Corp. plans to complete an extensive core resampling program on its 100-per-cent-owned Kena and Daylight properties, collectively known as the company's flagship Kena gold and copper project, located in the Nelson mining district of southeastern British Columbia.

In 2021, Moose Mountain Technical Services (MMTS) produced a resource estimate for the Kena and Daylight properties outlining over 2.77 million ounces of gold in the inferred category as well as over 561,000 ounces of gold in the indicated category with a base cut-off grade within the "reasonable prospects of eventual economic extraction" constraining pit of 0.25 gram per tonne gold.

The resource estimate includes 252 drill holes. Drill results indicate zones of bulk-tonnage type gold mineralization, with multiple holes containing 100-metre-wide zones averaging greater than one g/t gold. Several holes also intersected higher-grade gold, indicating a gold-enriched zones, spatially related to faults and geological contacts. Drilling to date has also intersected 154 high-grade structural shoots of 5.08 to 240.07 g/t gold over average 1.5-metre widths occurring largely within the homogenous lower grade halos. The attached table summarizes the total mineral resource estimate for the Kena project.

In the 2021 technical report MMTS recommends, that although the resource database has been verified and is deemed acceptable, a robust check assay sampling program including QA/QC (quality assurance/quality control) samples be conducted using a certified laboratory comprising 5 to 10 per cent of core for years for which drill core is available to compensate for missing certificates, lack of QA/QC samples in historic core and a potential bias noted in the 2012 drilling QA/QC and 2001 to 2002 check assays.

The majority of the core resampling has now been completed with 26 holes remaining to be sampled. Completed resampling to date consists of 438 core samples and 91 QA/QC inserted blanks and standards to bring the sampling protocols up to current quality control standards.

Core samples are analysed by MSA Labs in Langley, B.C. MSA Labs has high-quality standards, including both ISO 17025 (testing and calibration laboratories) accreditation and ISO 9001 (quality management systems) certification. In the laboratory, blanks (analytical and method), coarse duplicates and standard reference materials are internally inserted in the sequences of client samples. Using these inserted quality control samples each analytical batch and complete job is rigorously reviewed and validated by MSA prior to release. Field inserted standards (certified reference materials) and blanks were purchased from CDN Resource Laboratories Ltd. of Langley, B.C.

Upon completion of the sampling program, this information along with results from 31 holes from West's diamond drill programs (see news releases dated Jan. 12, 2022, May 3, 2022, and May 24, 2022) completed after the 2021 resource estimation will be submitted to MMTS to recalculate the Kena and Daylight properties current resource estimation.

The company would also like to announce that it has entered into an investor relations services agreement with Mac Foster & Company Ltd. (MF&C) effective April 19, 2024. Pursuant to the agreement, MF&C has agreed to provide investor communication and on-line marketing services to the company for a period of one month until May 19, 2024, in exchange for a fee of $31,500. The services include content creation and publishing, digital and social media marketing, and other related investor communication services. MF&C is arm's-length to the company and neither MF&C nor its principals hold an equity interest in the company's securities, either directly or indirectly, or the right to acquire any equity interest. MF&C's contact information is as follows: 179 Shaw St., Toronto, Ont., M6J 2W6, attention: Mac Foster, mac@fosterand.co

Nader Vatanchi, the company's chief executive officer, said: "With the recent rise in gold prices as of April 19, 2024, we believe the company and its assets are undervalued. The company will make effort to improve its financial position in order to advance its projects and also increase visibility of the company as a whole in the coming months."

Linda Dandy, PGeo, a qualified person for the purpose of National Instrument 43-101, has reviewed and approved the contents of this news release.

About West Mining Corp.

West Mining is a mineral exploration company, acquiring and developing advanced and early-stage exploration projects. It is fully focused on its 100-per-cent-owned, 9,000-hectare prospective Kena project located near Nelson, B.C. The Kena project comprises three adjoining properties: Kena, Daylight and Athabasca. A recent National Instrument 43-101 resource estimate for Kena gave 561,900 ounces gold indicated and 2,773,100 oz Au inferred in the Gold Mountain, Kena gold and Daylight zones. The Kena property also hosts the large Kena copper zone, along with the historic Euphrates and Gold Cup gold-silver mines. The Daylight property contains the historic past-producing Daylight, Starlight, Victoria, Irene and Great Eastern gold mines. Along trend to the north is the Athabasca property, with the historic Athabasca gold mine. The historic mines and known mineralized zones on these three properties are structurally controlled along a 20-kilometre strike as identified by strong geophysical signatures.

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