West High Yield (W.H.Y) Resources Ltd V.WHY

Alternate Symbol(s): WHYRF

Metals & Mining Industrial Metals & Minerals

West High Yield (WHY) Resources Ltd is a Canada-based junior mining exploration and development company. The Company is 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) 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. The Company retains 100% of the mineral rights to the Record Ridge Property, which consists of 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim totaling 8,972 hectares. The known magnesium mineralization is located within two of the mineral claims. The infrastructure for the proposed development of the Record Ridge Property is located on mineral tenures controlled by the Company.

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West High Yield (W.H.Y) Resources Ltd > Galaxy website

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Comment by truepatriot199on Dec 08, 2021 9:59am

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Post# 34210157

RE:Galaxy website

Sorry spelling mistake. www.galaxymagnesium.com

Yes the LOI states minimum of 200,000 mt per year. So if they bought the entire 250,000mt then it would be $125 million per year for 3 years. Thats $375 million USD. That would give WHY enough to setup up their plants and produce themselves. Then they could turn around and sell for thousands per mt. Also would be able to sell the Silica, Nickel, etc. Then the BIG $$$$ start coming in when you aren't just selling the rock. Your selling a specific product.

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