West High Yield Resources is focused on the exploration and development of strategic critical minerals critical that play a pivotal role in the global societal transition towards green energy and a net zero carbon environment: Magnesium, Gold, Silica, Nickel, and Iron. Magnesium is formally classified as a critical mineral in North America, the European Union, and other industrial nations. Magnesium is used in a variety of industry sectors, such as transport (automotive, aircraft, train, motor & e-bikes), consumer electronics (laptop, mobile phone, tablet), steel industry, pharmaceutical and agricultural products, and medical implants. Magnesium is one of the main alloying elements for aluminum providing unique properties to aluminum cans, aerospace, and transport applications, and substitution is technically not feasible. It is critical to the global automotive industry being used for lightweight vehicle concepts, hydrogen storage, and advanced battery and hydrogen technology. Silica is used in grinding and polishing glass and stone; in foundry molds; in the manufacture of glass, ceramics, silicon carbide, ferrosilicon, and silicones. Nickel’s chief use is in nickel steels and nickel cast irons, which typically increases the tensile strength, toughness, and elastic limit. Iron is used to make alloy steels like carbon steels with additives such as nickel, chromium, vanadium, tungsten, and manganese.
By a wide margin (82% – 18%) British Columbians have positive feelings about the mining sector. Underpinning this support for the sector, is the view that mining is good for BC’s economy and is conducted in a way that is respectful to the environment. 88% describe BC’s economic opportunities from mining as good, very good or excellent, and 73% say that the environmental standards in use in mining in BC are good, very good or excellent. Read Report Here.
The Record Ridge Magnesium Project, located in the storied Rossland mining camp in southeastern British Columbia, contains over 10.8 million tonnes of recoverable magnesium.
West High Yield Resources retains 100% of the mineral rights to the Record Ridge Property which consists of 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim totaling 8,972 hectares. The known magnesium (“Mg”) mineralization is located within two of the mineral claims. The infrastructure for the proposed RRIM Project is located on mineral tenures controlled by the Company.
There is full infrastructure in place including roads, highways, nearby rail, electrical power, water, and natural gas. The highly prospective project is just two miles north of the U.S. Border with supporting industries and rail hub and seaport nearby.
The Rossland Gold Camp historically produced over 2.76 million ounces of recovered Gold and 3.52 million ounces of recovered Silver. Historical gold production and geological work and drill holes conducted by the Company’s results reinforce the potential of the Midnight Claim.
The Company conducted 26 gold drill hole program in 2009. All holes intersected a series of quartz veins and gold bearing serpentinites with significant gold values, notably hole MN09-15, which returned weighted average of 40.1 g/tonne over a true width of 2.3 metres including 198 g/tonne Au for a true width of 0.8 metres near surface (13.9 metres in drill depth) and hole MN09-24, which returned a weighted average of 25.16 g/tonne over a true width of 3.6 metres including 73.23 g/tonne Au for a true width of 1.2 metres.
The company conducted 2022 drill program, which focused on identifying extensions to zones of known Midnight mineralization, areas with potential for targets within and peripheral to the OK and IXL historical mines, and deep targets below the known footprint of mineralization. A total of 41 holes and 6,197 meters NQ2 diamond drilling was completed during the course of the 2022 drilling program. Multiple high-grade and visible gold assays were identified including:
Fundamental Research Analyst, Sid Rajeev, breaks down FRC’s recent coverage on West High Yield Resources and the value it holds for investors.
West High Yield Resources director and corporate secretary, Barry Baim, sat down with Mari Len-Guzman, editor at Investing News Network, to outline West High Yield Resources and its assets at Record Ridge and Midnight Claim.
So what is Magnesium good for? A better question is what isn’t it good for? Gut health, mental health, creating stronger and lighter alloys, better insulation, fertilizer, energy storage and the list goes on.
Global One Media’s Bastien Boulay interviews Barry Baim, the Director of West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY), about their Record Ridge project in British Colombia and the importance of mining and the development of critical minerals – and Magnesium in particular.
Record Ridge is an exciting high-grade magnesium play well worth your attention. BC-based, this critical mineral project could be a massive contributor to not only the green energy revolution, but also 21st century agriculture, medicine, manufacturing and technology.