09:29:35 EDT Tue 16 Sep 2025
Enter Symbol
or Name
USA
CA



West High Yield (WHY) Resources Ltd
Symbol WHY
Shares Issued 106,238,922
Close 2025-09-15 C$ 0.47
Market Cap C$ 49,932,293
Recent Sedar Documents

West High Yield receives draft permit for Record Ridge

2025-09-15 20:14 ET - News Release

Mr. Frank Marasco Jr. reports

WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. RECEIVES DRAFT MINING PERMIT FOR ITS MAGNESIUM/SILICA PROJECT

West High Yield (WHY) Resources Ltd. has received a draft permit from the British Columbia Ministry of Mining and Critical Minerals related to its mining operations at the Record Ridge Industrial Minerals mine critical minerals project.

The draft permit outlines the proposed conditions under which the company may proceed with its planned extraction activities for the project. West High Yield will conduct a comprehensive review of the draft, engaging its team of internal and external subject matter experts to evaluate the conditions, and ensure all technical, environmental and operational considerations are fully addressed.

The company expects to receive the final decision on its mining permit application in the coming weeks.

"We are encouraged by this important step forward and appreciate the collaborative process with the Ministry," said Frank Marasco, president and chief executive officer of West High Yield. "We remain committed to responsible resource development and look forward to advancing the Record Ridge project in alignment with provincial guidelines and community interests."

About West High Yield (WHY) 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 world-class Record Ridge critical mineral (magnesium, silica and nickel) deposit using green processing techniques to minimize waste and CO2 (carbon dioxide) emissions.

The company's Record Ridge critical mineral 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 (NI 43-101) preliminary economic assessment technical report (titled "Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada") prepared by SRK Consulting (Canada) Inc. on April 18, 2013, in accordance with National Instrument 43-101 and which can be found on the company's profile at SEDAR+.

Qualified person

Rick Walker, BSc, MSc, PGeo, the company geologist, is a qualified person as defined in National Instrument 43-101 and has reviewed and approved the technical information in this press release.

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