West High Yield Resources Ltd. Announces Terms of Marketing Consulting Agreement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that it has engaged Equity.Guru Media Inc. ("EG") to initiate and provide marketing and consulting services pursuant to a Marketing Consulting Agreement (the "Agreement") in compliance with the applicable policies of the TSX Venture Exchange.

For the provision of service rendered by EG under the Agreement, the Company will pay EG a fee equal to CAD$13,333 per month. The Agreement will be in effect for a period of three (3) months (the "Initial Term"), and the Company has the ability to extend the Initial Term at its sole option for further six (6) or twelve (12) month extensions thereafter. If the Company doesn't exercise its option to extend the Agreement after expiration of the Initial Term, the Agreement terminates.

EG does not have any interest, directly or indirectly, in the Company, will not receive common shares or options as compensation, and does not have any present intention to acquire any securities of the Company aside from as is necessary to perform its obligations under the Agreement.

EG is a stock market investment information outlet, with its head office located at 200-1281 W Georgia St, Vancouver, British Columbia V6E 3J7.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration, and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium, silica, and nickel deposit using green processing techniques to minimize waste and CO2 emissions.

The Company's Record Ridge magnesium deposit is located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced preliminary economic assessment technical report prepared by SRK in accordance with the National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Contact Information:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco, President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: frank@whyresources.com

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

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West High Yield Resources Ltd. Announces Grant of Stock Options

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce that its board of directors approved and authorized the grant of 1,748,000 stock options (the "Options") to various directors and consultants of the Company effective February 3, 2023. The Options were granted in accordance with the terms of the stock option plan of the Company. All of the Options vested on their date of grant. One (1) Option entitles the holder thereof to purchase one (1) common share of the Company (each a "Share" and collectively, the "Shares") at a price of CAD$0.45 per Share for a period of five (5) years from the Option grant date. The exercise price of the Options was set as the closing trading price of the Shares on the Option grant date.

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West High Yield Resources Ltd. Completes 2022 Core Assay Program and Discovers New Vein-Hosted Gold to 32.5 g/t

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce the confirmation of additional high-grade gold assays (see Tables 1 and 2) and to provide a status update from its 6,000 metre exploration drilling program initiated in 2022 at its Midnight gold claim ("Midnight") located in Rossland, British Columbia (the "2022 Drilling Program"). The Rossland Gold Camp historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.

HIGHLIGHTS

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West High Yield Resources Ltd. Announces Final Closing of Oversubscribed Private Placement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce, further to its news releases of December 13, 2022, December 22, 2022 and January 18, 2023, that it has closed the final tranche (the "Closing") of its previously announced private placement offering (the "Offering") of ordinary units (the "Ordinary Units").

The Closing consisted of the issuance of 159,524 Ordinary Units for gross proceeds of $67,000. The Ordinary Units were issued at a price of $0.42 per Ordinary Unit. Each Ordinary Unit consists of one (1) Common share of the Company (each, a "Common Share") and one (1) Common Share purchase warrant (each, an "Ordinary Warrant"). Each Ordinary Warrant, together with CAD$0.70, entitles the holder thereof to acquire one (1) additional Common Share until January 26, 2025. All securities issued in connection with the Closing are subject to a statutory hold period in accordance with applicable securities legislation ending on May 27, 2023.

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E-Tech Resources Expands Mineral Landholdings at The Eureka Ree Project

E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") to acquire an 85% interest in exclusive prospecting license 8748 ("EPL 8748"). EPL 8748 is located in the Erongo Mining Corridor of Namibia which lies adjacent to, and surrounds the Company's 100% owned exclusive prospecting license 6762 ("EPL 6762"). The Company has agreed to acquire an 85% interest in EPL 8748 from a Namibian citizen on an arm's length basis (the "Vendor") through its Namibian wholly owned subsidiary E-Tech Kalapuse Mining (Pty) Ltd. (the "Purchaser").

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Aclara Secures New 100% Recycled Water Source for the Penco Module as Part of Its Enhanced EIA Application

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce that it has successfully secured a recycled water source, which fulfills the full water requirement of the Penco Module (the "Project"). This represents a major milestone in improving the environmental attributes of the Project and strengthens the Company's position in preparation of filing its enhanced Environmental Impact Assessment ("EIA") application in the second quarter of 2023

The Company has confirmed that its decision to obtain a 100% recycled water source was made as a result of its ongoing dialogue with the community to further improve the sustainability measures of the Project. The recycled water will be provided by Essbio, the water utility company of Concepcion, which collects water from the city and treats it prior to discharge into the environment. This solution is the result of collaborative efforts between Aclara and Essbio to preserve the area's hydric resources and to develop the first fully recycled water supply project in the Biobío region.

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Aclara Awards the Penco Module Feasibility Study Contract to Pares & Alvares

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce that it has awarded the Penco Module Feasibility Study (the "Penco Feasibility Study") contract to Pares & Alvarez ("P&A"), a Chilean engineering company with more than 28 years of experience in the design and construction of similar mining and industrial projects, located in both Chile and abroad

The scope of the Penco Feasibility Study contract includes the feasibility engineering for the process plant, mine infrastructure and mine services. Pursuant to the contract, P&A will also be responsible for the preparation of the associated technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, which is expected to be issued during the first half of 2024.

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Aclara Provides Exploration Update in Brazil

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to provide an update on its exploration activities in Brazil. The Company has made significant progress in respect of its previously announced exploration plan for ionic clay deposits outside of Chile, which aims to strengthen the Company's existing exploration projects portfolio, diversify country risk and pursue growth

Highlights

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Appia Signs Letter Agreement to Acquire up to a 70% Interest in a Prospective Brazilian Rare Earths Ionic Clay Project

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (FSE: A0I0.F) (FSE: A0I0.MU) (FSE: A0I0.BE) (the "Company" or "Appia") is pleased to announce that the Company has signed a Letter Agreement (the "Letter Agreement") with 3S LTDA ("3S") and Beko Invest Ltd. ("Beko") to acquire up to a 70% interest in the PCH Project (the "Transaction") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil (the "Target Property").

The Cachoeirinha Project (PCH Project) is located within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within the Goiás State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REE and Niobium within lateritic ionic adsorption clays.

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Hole #	Sample #	From (m)	To (m)	Au g/t*	Ag g/t
MN22-13	228697	262.50	263.35	32.5*	NA
MN22-13	228767	420.00	421.50	2.22	NA
MN22-13	228775	430.50	432.00	2.03	NA
MN22-17	228372	98.5	100	3.24	NA
MN22-18	229445	41.00	42.50	2.36	NA
MN22-18	229446	42.50	44.00	9.51	NA
MN22-18	229447	44.00	45.50	6.52	NA
MN22-18	229448	45.50	47.00	13.55*	NA
MN22-20	229435	108.00	109.00	4.89	NA
MN22-20	229436	108.00	109.00	4.33	NA

Hole #	Sample #	From (m)	To (m)	Au g/t*	Ag g/t
MN22-02	212571	48.50	50.00	36.1*	3.7
	212583	65.00	66.50	7.94	1.4
	212584	66.50	68.00	17.9*	9.6
	212585	68.00	69.50	8.61	2.3
	212587	69.50	71.00	22.6*	31.2
MN22-03	212605	39.10	41.50	12.15*	2.1
	212606	39.10	41.50	13.6*	1.6
	212621	60.00	61.50	20.7*	6
MN22-04	225511	54.05	55.25	38.4*	6.5
MN22-05	225662	54.50	54.75	4.59	1.2
	225664	55.65	57.15	8.44	1.9
	225666	58.65	60.15	15.7*	2.9
	225667	60.15	61.65	14.3*	1.6
	225674	68.40	69.45	33.7*	3.5
	225677	69.95	70.25	311**	94.9
	225681	70.25	71.30	4.37	4
MN22-07	225845	44.25	45.30	5.39	3.8
MN22-08	229012	38.70	39.40	15.85*	2.5
	229013	39.40	40.10	6.88	1.9
MN22-09	229333	106.95	108.45	7.23	NA
MN22-09	229335	205.10	206.60	37.9*	3
MN22-13	228558	72.35	72.65	154**	NA
	228657	185.70	186.20	21.4**	NA

Hole #	Easting	Northing	Azimuth (°)	Inclination (°)	Elevation (m)	Total Depth (m)
22-01	438580	5435911	0	-90	960	352.6
22-02	438537	5435808	350	-50	943	81.7
22-03	438537	5435808	350	-75	943	197.5
22-04	438531	5435792	295	-68	942	185
22-05	438531	5435792	260	-50	942	113.4
22-06	438531	5435792	260	-70	942	139.8
22-07	438548	5435881	270	-50	962	245
22-08	438561	5435855	260	-75	956	277
22-09	438548	5435881	235	-50	962	242
22-10	438548	5435881	295	-50	962	158
22-11	438548	5435881	295	-70	962	218
22-12	438277	5435786	11	-50	1038	230
22-13	438443	5435828	220	-75	985	510.2
22-14	438580	5435911	180	-60	960	132.4
22-15	438291	5435798	11	-50	1051	35
22-16	438291	5435798	340	-50	1051	209
22-17	438291	5435798	340	-70	1051	227
22-18	438461	5435739	340	-50	970	207
22-19A	438461	5435739	320	-50	970	21
22-19B	438461	5435739	290	-50	970	153
22-20	438608	5435933	180	-60	960	117.6
22-21	438306	5435835	345	-50	1044	230
22-22	438375	5435710	330	-50	986	171
22-23A	438306	5435835	11	-60	1044	33
22-23B	438306	5435835	20	-60	1044	32
22-24	438375	5435710	330	-70	986	152.1
22-25	438375	5435710	345	-60	986	141
22-26	438443	5435828	220	-60	985	192
22-27A	438551	5435796	260	-50	940	19.8
22-27B	438551	5435796	260	-50	940	43.4
22-28	438608	5435933	220	-50	960	124.35
22-29	438443	5435828	190	-60	985	96.45
22-30	438551	5435796	345	-50	940	26
22-31	438443	5435828	240	-60	985	210
22-32	438449	5435889	185	-60	996	25.5
22-33	438463	5435866	220	-50	975	51
22-33B	438463	5435866	220	-60	975	72
22-34	438449	5435889	220	-60	996	228
22-35	438608	5435933	220	-70	960	124.35
22-36	438548	5435881	220	-60	962	142.5
22-37	438449	5435889	35	-60	996	24

Capitalization:	Unlimited shares with no par value of which
	331,650,990 shares are issued and outstanding
Escrow:	Nil shares

Transfer Agent:	Computershare Investor Services Inc.
Trading Symbol:	FUU ( Unchanged )
CUSIP Number:	30330R108 ( New )

Distribution per Common Share:	1 share each of 1355379 B.C. Ltd., 1355381 B.C. Ltd. and 1355384 B.C. Ltd. per issuer share held
Payable Date:	February 2, 2023
Record Date:	February 1, 2023
Due Bill Ex-Distribution Date:	February 3, 2023
Due Bill Trading Period:	January 31, 2023 to February 2, 2023

Offering:	13,269,230 common shares

Share Price:	$0.52 per share

Agents' Commission:	6% cash - $413,999.98

Greenshoe Option:	The Agent exercised the 15% over-allotment option in the amount of 1,730,769 shares in connection with this offering.

Number of Shares:	20,000,000 shares

Purchase Price:	$0.02 per share

Number of Placees:	11 placees

Insider / Pro Group Participation:

Placees	# of Placee (s)	Aggregate # of Shares

Aggregate Existing Insider Involvement:	3	10,998,000
Aggregate Pro Group Involvement:	N/A	N/A

Number of Shares:	10,752 shares

Purchase Price:	$9.30 per share

Number of Placees:	1 placee

Number of Shares:	54,000,000 common shares

Purchase Price:	$0.05 per share

Number of Placees:	1 Placee

Name	Insider=Y / ProGroup=P	Number of Shares
Aggregate Insider Involvement [1 Placee]	Y	54,000,000

Number of Shares:	4,288,439 shares

Purchase Price:	$0.07 per share

Warrants:	4,288,439 share purchase warrants to purchase 4,288,439 shares

Warrant Exercise Price:	$0.15 for a period of 6 months

Number of Placees:	14 placees

Number of Shares:	2,500,000 common shares

Purchase Price:	$0.05 per common share

Warrants:	2,500,000 share purchase warrants to purchase 2,500,000 shares

Warrant Exercise Price:	$0.05 for a period of five years

Number of Placees:	1 Placee

Number of Shares:	12,536,538 Units

Purchase Price:	$0.14 per unit

Warrants:	12,536,538 common share purchase warrants ("Warrants") to purchase 12,536,538 common shares of the company.

Warrant Exercise Price:	$0.25 for a two-year period.

Number of Placees:	122 placees

Number of Shares:	4,000,000 Flow-through shares
Purchase Price:	$0.25 per share
Warrants:	2,000,000 share purchase warrants to purchase 2,000,000 shares
Warrant Exercise Price:	$0.30 for a two year period

Number of Shares:	3,455,000 Non Flow-through shares
Purchase Price:	$0.20 per share
Warrants:	3,455,000 share purchase warrants to purchase 3,455,000 shares
Warrant Exercise Price:	$0.30 for a two year period

Number of Placees:	29 placees

Number of Shares:	5,000,000 common shares

Purchase Price:	$0.60 per common share

Warrants:	2,500,000 share purchase warrants to purchase 2,500,000 shares

Warrant Exercise Price:	$0.80 for a period of two years

Number of Placees:	24 Placees

Name	Insider=Y / Pro Group=P	Number of Shares
Aggregate Insider Involvement [4 Placees]	Y	230,666
Aggregate Pro Group Involvement [2 Placees]	P	300,000

Number of Shares:	1,100,000 flow-through common shares

Purchase Price:	$0.08 per share

Warrants:	550,000 share purchase warrants to purchase 550,000 shares

Warrant Exercise Price:	$0.12 until December 30, 2024

Number of Placees:	5 placees

Number of Shares:	2,500,941 common shares

Purchase Price:	$0.20 per common share

Warrants:	2,500,941 share purchase warrants to purchase 2,500,941 shares

Warrant Exercise Price:	USD$0.20 ($0.27) for a period of two years

Number of Placees:	16 Placees

Number of Shares:	1,570,000 Flow-Through Units ("FT Units"). Each FT Unit consists of one flow-through common share and one-half of one common share purchase warrant ("FT Warrant").

	868,054 common share units ("Units"). Each Unit consists of one common share and one common share purchase warrant ("Warrant").

Purchase Price:	$0.50 per FT Unit and $0.42 per Unit.

Warrants:	785,000 FT Warrants to purchase 785,000 common shares

	868,054 Warrants to purchase 868,054 common shares

Warrant Price:	FT Warrants exercisable at $0.70 per common share for an 18 month period

	Warrants exercisable at $0.70 per common share for a two year period

Number of Placees:	12 placees

West High Yield Resources Ltd. Announces Terms of Marketing Consulting Agreement

Overview

Company Highlights

Key Project

Record Ridge Magnesium Project

Project Highlights:

Management Team

Frank Marasco Jr. - Founder, President, CEO and Director

Barry Baim - Director and Corporate Secretary

Patricia L. Nelson - Director

Maria Marasco - Director

Shelina Hirji - Chief Financial Officer

Fouad Kamaleddine - Advisor

James Gregory (Greg) Davison - Senior Geologist, Technical Advisor and Qualified Person

Rick Walker - P. Geologist, P. Engineer

Corey Peck - Junior Geologist

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