Mr. Frank Marasco reports

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. PROVIDES CRITICAL MINERALS PERMIT APPLICATION UPDATE AND INVITES INVESTORS AND INTERESTED PARTIES TO RADIUS RESEARCH WEBINAR

West High Yield (W.H.Y.) Resources Ltd. has provided an update on the progress of its permit application for its Record Ridge industrial mineral mine (RRIMM) and invites investors and other interested parties to join a coming interview with Market Radius Research.

Following the company's Oct. 25, 2023, press release announcing the submission of the RRIMM amended permit application, the company participated in the next step of the application by meeting with the mine development review committee (MDRC) on Dec. 6, 2023. At this meeting, the company provided MDRC with an update and answered questions regarding the amended permit application and a corresponding socio-economic report thereon. The MDRC committee chair, after having received the company's submissions at the Dec. 8, 2023, meeting, requested that the MDRC provide technical comments to the company relative to the amended permit application by Jan. 15, 2024. The company, in conjunction with its consultants, will address the comments it receives from the MDRC before its next scheduled meeting with the MDRC set for Feb. 14, 2024. The company anticipates further feedback and details at this Feb. 14, 2024, meeting pertaining to the next steps in the technical review process of the amended permit application.

As previously communicated, the company outlined numerous proposed project mitigation strategies to address concerns and interests that had been expressed through its public engagement efforts, announced by the company in a press release dated July 4, 2023. The positive changes to the project were incorporated into the amended permit application with the utmost consideration for the environment, the community and all associated stakeholders. West High Yield eagerly anticipates the next phase of the MDRC technical review process while it awaits feedback from the MDRC committee members. The company continues to plan for RRIM mine site construction development and mining during 2024.

Radius Research webinar

The company has confirmed a webinar with Martin Gagel of Market Radius Research to discuss the project in further detail. Market Radius Research gives individual investors access to in-depth chief executive officer interviews with deep-dive institutional-level discussion and question-and-answer. Market Radius Research is hosted by Mr. Gagel, a former top-ranked technology analyst.

Accompanying Mr. Gagel will be the following company representatives: Frank Marasco, director, chief executive officer and president; Barry Baim, director and corporate secretary; and Dr. Fouad Kamaleddine, PhD/PEng, strategic adviser. The information for the webinar is as follows:

• Event: Radius Research pitch, deep dive and Q&A with West High Yield Resources;
• Presentation date and time: Wednesday, Jan. 17, 2024, at 1 p.m. ET/10 a.m. PT.

The webinar will be a live, interactive on-line event where attendees will be invited to ask the company representatives questions in real time following the interview portion of the webinar. An archived webcast will be made available for those who cannot join live on the day of the webinar.

About West High Yield (W.H.Y.) Resources Ltd.

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral magnesium, silica and nickel deposits using green processing techniques to minimize waste and carbon dioxide emissions.

The company's Record Ridge magnesium deposit located 10 kilometres southwest of Rossland, B.C., has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 -- Standards of Disclosure for Mineral Projects preliminary economic assessment technical report prepared by SRK Consulting (Canada) Inc. in accordance with NI 43-101.

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