West Vault Completes Purchase of 25% Stake of Hasbrouck GoldNav over 6$ full ownership the fun begins Vancouver, British Columbia--(Newsfile Corp. - August 14, 2020) - West Vault Mining Inc. (TSXV: WVM) ("West Vault" or the "Company") is pleased to announce that it has completed the purchase of a 25% interest in the Hasbrouck gold project, located in Tonopah, Nevada (the "Hasbrouck Gold Project"), from Clover Nevada LLC, a wholly owned subsidiary of Waterton Precious Metals Fund II Cayman, LP ("Waterton"). West Vault has now consolidated 100% ownership of the Hasbrouck Gold Project. The Hasbrouck Gold Project, comprised of the planned Three Hills mining area and the nearby planned Hasbrouck Mine, hosts an estimated 762,000 ounces of proven and probable gold reserves and 10,569,000 ounces of proven and probable silver reserves (proven mineral reserves of 6,242,000 tons at a grade of 0.02 Au oz/ton plus 0.41 Ag oz/ton and probable mineral reserves of 39,028,000 tons at a grade of 0.016 Au oz/ton plus 0.205 Ag oz/ton). For details, see the "Technical Report and Updated Preliminary Feasibility Study: Hasbrouck and Three Hills Gold-Silver Project, Esmeralda County, Nevada" dated September 14, 2016 as filed on SEDAR under the Company's profile at www.sedar.com. The Updated Preliminary Feasibility Study determined that the Hasbrouck Gold Project would be a low cost, open pit, heap leach extraction gold mine with modest estimated peak funding of US $47 million and average gold production of approximately 71,000 ounces at an AISC of approximately US $709 per ounce. R. Michael Jones, P.Eng., CEO of West Vault said "We are very pleased to consolidate the 100% project interest in this advanced stage gold project, with good shareholder support at a time of increased interest in gold and gold mining." West Vault is focused on advancing the Hasbrouck Gold Project. The first pit and heap leach area at Three Hills has federal and state permits and Company is working towards completing full federal permitting for the second phase Hasbrouck Mine while keeping corporate G&A costs lean and efficient. To acquire Waterton's interests the Company paid US $10.0 million in cash and issued 1.0 million common shares of West Vault to Waterton. The securities issued have a hold period of four months and one day from closing, expiring December 14, 2020. See further details in the Company's announcement of the transaction on July 22, 2020. Sandy McVey, P.Eng., Chief Operating Officer of the Company, as a non-independent Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), has reviewed and approved the technical information disclosed in this news release. 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. On behalf of West Vault Mining Inc. "R. Michael Jones" Chief Executive Officer FOR FURTHER INFORMATION PLEASE CONTACT: R. Michael Jones, Chief Executive Officer T: (604) 685 8311 Please see the Company's website at www.westvaultmining.com or conta