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.

TSXV:WHY - Post by User

West High Yield (W.H.Y) Resources Ltd > MG price at 3 month high. Looking for Non Chinese sources

<< Previous

Bullboard Posts

Next >>

Comment by truepatriot199on Jan 01, 2022 11:06am

1039 Views

Post# 34275951

RE:RE:MG price at 3 month high. Looking for Non Chinese sources

With the $2.5 mil they can start drilling by the end of May for GOLD. The Magnesium money wont start coming in until the permit is received. We hope it is 6-9 months from when it gets submitted, but who really knows. Don't want to lose another season waiting for money to do drilling. Smart move by the CEO to cash up and fill the bank. Remember right after the permit for 250k tons comes, then they can start going thru the process for the 1+mil tons a year permit. That will cost big money and takes a couple years to get that.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec