CALGARY, ALBERTA – October 27, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) has now received the analysis from its 99 sample testing of historical gold mining reject rock on the Company’s Record Ridge South property. The reject rock pile is composed of rock which has never been milled. The rock was extracted from the several mines which are located on the Company’s Rossland property from 1885 to1960. The assay results were provided by Met-Solve Analytical Services of Langley, British Columbia. The chart below summarizes the results for the best 33 gold mineralization of the 99 samples.
|Sample #||Gold g/t||Silver g/t||Sample #||Gold g/t||Silver g/t|
g/t= grams per ton
Based on the results of these sample tests the Company anticipates further targeted sampling and testing of reject rock and/or the locations of origin of the best mineralization. Of particular interest were four samples 47220 – 70.3 g/t Au, 47237 –
13.4 g/t Au, 47270 – 17.9 g/t Au, and 47284 – 52.0 g/t Au.
The Rossland Gold Camp ranks historically as the second largest lode gold producer in the province of British Columbia. Between 1894 and 1957, the camp produced more than 73,860 kilograms of gold, 107,000 kilograms of silver and 54,295 tonnes of copper.
The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing). Mr. Kim is a qualified person as defined by National Instrument 43-101.
The Company continues to focus on financing development of its Record Ridge Magnesium Property.
The Company has set its Annual and Special Meeting date for Wednesday November 19, 2014.
About West High Yield
West High is a publicly traded intermediate mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold, nickel and magnesium properties. The Company is currently undertaking to develop its magnesium property located in Rossland, British Columbia.
For further information please contact the officers below or visit the Company’s website at www.whyresources.com.
President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488
Facsimile: (403) 206-7159
Email: [email protected]
Chief Financial Officer
West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637
Facsimile: (403) 206-7159 Email: [email protected]
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 or accuracy of this release.
This news release contains forward-looking statements. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive.