West High Yield (W.H.Y.) Resources Ltd. Receives Draft Mining Permit for Its Magnesium/Silica Project
West High Yield Resources (TSXV: WHY) has received a draft mining permit from the British Columbia Ministry of Mining and Critical Minerals for its Record Ridge Industrial Minerals Mine Critical Minerals project. The draft permit outlines conditions for the company's planned magnesium and silica extraction activities.
The company will conduct a thorough review of the draft permit with internal and external experts to ensure compliance with technical, environmental, and operational requirements. A final decision on the mining permit application is expected in the coming weeks.
West High Yield Resources (TSXV: WHY) ha ricevuto una bozza di permesso minerario dal Ministero della Miniera e dei Minerali Critici della British Columbia per il progetto Record Ridge Industrial Minerals Mine Critical Minerals. La bozza di permesso descrive le condizioni per le attività previste di estrazione di magnesio e silica.
L'azienda effettuerà una revisione approfondita della bozza di permesso con esperti interni ed esterni per garantire la conformità ai requisiti tecnici, ambientali e operativi. Una decisione finale sull'autorizzazione mineraria è prevista nelle prossime settimane.
West High Yield Resources (TSXV: WHY) ha recibido un borrador de permiso minero del Ministerio de Minería y Minerales Críticos de British Columbia para su proyecto Record Ridge Industrial Minerals Mine Critical Minerals. El borrador de permiso detalla las condiciones para las actividades previstas de extracción de magnesio y sílice.
La empresa realizará una revisión exhaustiva del borrador de permiso con expertos internos y externos para garantizar el cumplimiento de los requisitos técnicos, ambientales y operativos. Se espera una decisión final sobre la solicitud de permiso minero en las próximas semanas.
West High Yield Resources (TSXV: WHY)는 Record Ridge Industrial Minerals Mine Critical Minerals 프로젝트에 대해 브리티시컬럼비아 주 광업 및 중요 광물부로부터 광업 허가 초안을 받았습니다. 초안 허가서는 마그네슘 및 실리카 채취 활동에 대한 조건을 개략적으로 제시합니다.
회사는 내부 및 외부 전문가와 함께 허가 초안을 면밀히 검토하여 기술적, 환경적 및 운영상의 요건 준수를 보장할 것입니다. 허가 신청에 대한 최종 결정은 다가오는 몇 주 내에 예상됩니다.
West High Yield Resources (TSXV : WHY) a reçu une ébauche de permis minier du ministère de l'Énergie et des Mines et des minéraux critiques de la Colombie-Britannique pour son projet Record Ridge Industrial Minerals Mine Critical Minerals. L'ébauche décrit les conditions pour les activités prévues d'extraction de magnésium et de silice.
L'entreprise procédera à un examen approfondi de l'ébauche du permis avec des experts internes et externes afin de garantir la conformité aux exigences techniques, environnementales et opérationnelles. Une décision finale sur la demande de permis minier est attendue dans les prochaines semaines.
West High Yield Resources (TSXV: WHY) hat vom Ministerium für Bergbau und kritische Mineralien von British Columbia einen Entwurf für eine Bergbaulizenz für sein Projekt Record Ridge Industrial Minerals Mine Critical Minerals erhalten. Der Entwurf skizziert die Bedingungen für die geplanten Magnesium- und Siliziumabbauaktivitäten.
Das Unternehmen wird den Entwurf der Lizenz mit internen und externen Fachleuten gründlich prüfen, um die Einhaltung technischer, umweltbezogener und operationeller Anforderungen sicherzustellen. Eine endgültige Entscheidung über den Bergbaulizenzantrag wird in den kommenden Wochen erwartet.
West High Yield Resources (TSXV: WHY) قد تلقّت مسودة ترخيص تعدين من وزارة التعدين والمعادن الحيوية في كولومبيا البريطانية لمشروع Record Ridge Industrial Minerals Mine Critical Minerals. توضح المسودة الشروط الخاصة بأنشطة استخراج المغنيسيوم والسيليكا المخطط لها.
ستجري الشركة مراجعة شاملة لمسودة الترخيص بمشاركة خبراء داخليين وخارجيين لضمان الامتثال للمتطلبات الفنية والبيئية والتشغيلية. من المتوقع اتخاذ قرار نهائي بشأن طلب الترخيص في الأسابيع المقبلة.
West High Yield Resources (TSXV: WHY) 已从不列颠哥伦比亚省矿业及关键矿物部获得其 Record Ridge Industrial Minerals Mine Critical Minerals 项目的矿业许可草案。草案列出拟定的镁和 silica 开采活动条件。
公司将与内部及外部专家共同对许可草案进行全面审查，以确保符合技术、环境与运营要求。对矿业许可申请的最终决定预计在未来几周内作出。
- Receipt of draft mining permit indicates progress towards final approval
- Project focuses on critical minerals (magnesium/silica) which are in high demand
- Final permit approval still pending and subject to conditions
- Timeline for final decision remains uncertain
Calgary, Alberta--(Newsfile Corp. - September 15, 2025) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the "Company" or "West High Yield") is very pleased to announce that it has received a draft permit from the British Columbia Ministry of Mining and Critical Minerals (the "Ministry") related to its mining operations at the Record Ridge Industrial Minerals Mine Critical Minerals project (the "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 CEO 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
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 emissions.
The Company's Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia 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 NI 43-101 and which can be found on the Company's profile at https://www.sedarplus.ca.
Qualified Person
Rick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist, is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.
Contact Information:
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com
Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com
Cautionary Note Regarding Forward-looking Information
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266228
FAQ
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