West High Yield works on Record Ridge South study in Q2

Aug 18, 2016

WEST HIGH YIELD RELEASES FINANCIAL RESULTS

West High Yield (WHY) Resources Ltd. has released its financial results and management’s discussion and analysis for the six months ended June 30, 2016. The unaudited interim condensed financial statements and related MD&A for the six months ended June 30, 2016, have been filed with Canadian securities regulatory authorities on SEDAR.

The company has made progress on the environmental study, stakeholder engagement and mine plan development on the company’s Record Ridge South property as required by the environmental assessment certification and mine permit application processes.

The company has also engaged Drinkard Metalox Inc. of Charlotte, N.C., to perform a series of hydrometallurgical tests on the company’s magnesium ore to evaluate magnesium processing and recovery alternatives. Drinkard works with companies from around the world in developing and commercializing hydrometallurgical and electrochemical processes. The company is encouraged with test results to date, and Drinkard is now engaged in microplant scale production simulation testing at its facilities. One thousand pounds of ore are being ground to specification for processing.

The company continues to pursue additional financing for the environmental study and mine plan development for its magnesium project and for the extraction and processing of 10,000-tonne bulk samples of magnesium and gold on the company’s Record Ridge South property as approved by the B.C. Ministry of Energy and Mines.

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