West High Yield Resources Ltd. (TSXV:WHY) is focused on developing its wholly-owned Record Ridge magnesium property located near Rossland in southern British Columbia. Magnesium is considered a strategic metal and plays a critical role in a wide range of industries including agriculture, construction (magnesium wallboard and magnesium cement), battery materials, aerospace technology, automotive, power tools, pharmaceuticals, computers and sporting equipment. A gray metal with a green future, magnesium is making its way into a variety of products aimed at making the world an environmentally-friendlier, healthier and safer place to live.
West High Yield is working to position itself as a leading North American magnesium supplier. The company has received a permit for a 10,000-tonne bulk sampling program at Record Ridge. As per the permit requirements, West High Yield is also initiating environmental studies and mine plan development on the project. Record Ridge is in the final stages of the permitting process and the company has completed a stage-one pre-feasibility study (PFS) for the project.
West High Yield Resources’ Company Highlights
- Assays of the Record Ridge drill cores indicate high grades at an average of 24.61 percent magnesium with a potential for higher grades along the eastern edge of the resource.
- Defined magnesium resource still open in all directions and at depth.
- Major infrastructure already in place.
- Magnesium is a strategic metal; only a small fraction of North American magnesium demand can be met from sources in North America.