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CALGARY, ALBERTA–(Marketwired – Aug. 18, 2016) – West High Yield Resources (TSXV:WHY) announces the release of its financial results and Management Discussion and Analysis (“MD&A”) for the six months ended June 30, 2016.
CALGARY, ALBERTA–(Marketwired – Aug. 18, 2016) – West High Yield Resources (TSXV:WHY) announces the release of its financial results and Management Discussion and Analysis (“MD&A”) 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 at www.sedar.com.
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. (“Drinkard”) of Charlotte, North Carolina 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 micro-plant scale production simulation testing at their facilities. 1,000 pounds of ore is 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 British Columbia Ministry of Energy and Mines.
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