West High Yield (W.H.Y.) Resources Ltd. Announces Court Dismisses Judicial Review Challenging Record Ridge Project

Executive Summary

• The Supreme Court of British Columbia dismissed a judicial review petition, upholding the determination that the Record Ridge Industrial Minerals Mine (RRIMM) Project is not subject to a provincial environmental assessment.
• The ruling removes a significant regulatory hurdle, providing legal certainty and allowing the Company to proceed with remaining provincial permits and advance the project toward construction.
• The Company highlighted recent permitting milestones, a definitive offtake agreement with Galaxy Trade and Technology, and ongoing Indigenous partnerships to support project development.

Key Details

• Court Decision: Supreme Court of British Columbia dismissed the judicial review petition challenging the BC Environmental Assessment Office, confirming the RRIMM Project near Rossland, BC is exempt from the BC Environmental Assessment Act.
• Regulatory Impact: Removes a key legal barrier to construction, enabling advancement through remaining provincial permitting processes under the BC Mines Act, Environmental Management Act, and Water Sustainability Act.
• Permitting Milestones: Received draft access permit from the Ministry of Transportation and Transit; received draft Environmental Management Act permit from the Ministry of Environment and Parks; currently in final stages for the Licence to Cut from the Ministry of Forests.
• Offtake Agreement: References a definitive offtake agreement signed with Galaxy Trade and Technology on March 12, 2026, which the Company aims to honor upon permit completion.
• Project Specifications: Quarry-style industrial minerals project with no on-site chemical processing and no tailings storage facility; focused on supplying critical minerals (magnesium, silica, nickel) for North American advanced manufacturing and industrial supply chains.
• Resource Estimate (NI 43-101, April 18, 2013): Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%, containing approximately 10.6 million metric tonnes of contained magnesium.
• Indigenous Partnerships: Acknowledges continued support from the Osoyoos Indian Band (OIB) and advancement of the project in partnership with Skemxist Solutions (a joint venture between the OIB and The Sutherland Group).

Notable Quotes

• Frank Marasco, President and CEO: "We are pleased with the court's decision and appreciate the careful consideration given to this matter... The decision removes a key legal barrier to commencing construction of the Record Ridge Project, subject to completion of the remaining permits, authorizations, and regulatory requirements, which will then allow us to move forward on the project development to honor the definitive offtake agreement that the Company signed with Galaxy Trade and Technology..."