West High Yield receives draft permit for Record Ridge

Executive Summary

• West High Yield Resources Ltd. received a draft mining permit from the British Columbia Ministry of Mining and Critical Minerals for its Record Ridge magnesium/silica project.
• The company will review the draft conditions with internal and external experts to ensure compliance with technical, environmental, and operational requirements.
• A final decision on the permit is expected within the coming weeks, representing a key step toward advancing the Record Ridge critical‑minerals development.

Key Details

• Draft permit issued by BC Ministry of Mining and Critical Minerals for the Record Ridge Industrial Minerals mine.
• Permit outlines proposed conditions for extraction activities of magnesium, silica, and nickel at the project.
• West High Yield will conduct a comprehensive review involving internal staff and external subject‑matter experts.
• Company expects to receive the final permit decision in the coming weeks.
• President & CEO Frank Marasco expressed encouragement and commitment to responsible resource development aligned with provincial guidelines and community interests.
• Record Ridge deposit contains approximately 10.6 million tonnes of magnesium, per an NI 43‑101 preliminary economic assessment prepared by SRK Consulting (April 18 2013).

Notable Quotes

“We are encouraged by this important step forward and appreciate the collaborative process with the Ministry,” said Frank Marasco, President and CEO. “We remain committed to responsible resource development and look forward to advancing the Record Ridge project in alignment with provincial guidelines and community interests.”