West High begins Record Ridge mine permitting process

May 30, 2018

2018-05-29 18:57 ET – News Release

Mr. Frank Marasco reports

WEST HIGH YIELD ANNOUNCES INITIATION OF THE RECORD RIDGE INDUSTRIAL MINERAL MINE PERMITTING PROCESS

West High Yield (W.H.Y.) Resources Ltd. has submitted the project description for the Record Ridge industrial mineral mine application to the British Columbia Ministry of Energy Mines and Petroleum Resources (MEMPR). This submission initiates the permitting engagement and review process, which will be led by MEMPR and include other government agencies, including the British Columbia Ministry of Environment and Climate Change Strategy, and Ministry of Forests, Lands Natural Resource Operations and Rural Development, together with first nations.

The company is seeking permits authorizing construction, operation, closure and reclamation of an industrial mineral mine with annual extraction of up to 249,000 tonnes per year of magnesium-rich serpentinite for a two-year period. Magnesium-rich material would be transported off-site to a processing facility to produce magnesium oxide.

Magnesium oxide and magnesium metal are used in many industries, including automotive, aerospace, agriculture, consumer goods, health care and construction, and has industrial applications, including steel production, aluminum alloy and as a soil additive. Magnesium metal is lightweight (33 per cent lighter than aluminum) with high-strength properties, ideal for automotive weight reduction design, and is also currently in design testing for electrical batteries.

The permitting engagement and review process is expected to be complete within six months. The company is seeking key authorizations under the B.C. Mines Act and B.C. Environmental Management Act.

The company also announces the release of its financial results and management discussion and analysis for the three months ended March 31, 2018, which have been filed with Canadian securities regulatory authorities on SEDAR.

About West High Yield (W.H.Y.) Resources Ltd.

West High Yield is a publicly traded junior mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold, nickel and magnesium properties.

We seek Safe Harbor.

http://whyresources.com/news/2018/