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West High Yield Resources’ Record Ridge Project hosts one of the world’s largest, greenest deposits of high-grade magnesium. W.H.Y. has been steadily advancing the project toward development since the property’s purchase in 2006. Learn More.
The wholly-owned magnesium project consists of 29 contiguous claims that span 8,972 hectares and has a contained resource of 10.6 million tonnes of magnesium.
West High Yield Resources was incorporated in August 2003 with the express purpose of acquiring mineral resource properties in British Columbia, Canada.
The company’s first project was acquired under an agreement which was comprised of Crown grants, surface lands and staked claims in the Trail Creek Mining District located in southeastern British Columbia know as the Midnight Group Claims.
W.H.Y. Resources went public in 2006 after carrying out initial exploration activities at Midnight.
The junior explorer’s management team led by veteran entrepreneur Frank Marasco Jr., is made up of industry experts with over a century of combined experience in mining, project development, business management, geology and finance.
History is calling for a change in North America. We have to protect ourselves from climate change. We are working to be at the forefront of that necessary change by helping to reduce CO2 emissions in all industries through the use of 'magnesium oxide', Mother Nature’s friendliest resource. We are actively pursuing a new corporate standard, creating a greener environment and shareholder wealth through eco-friendly stewardship, scientific reason and business acumen. We recognize the surrounding community and first nations as active stakeholders in our projects
Record Ridge is one of the world's largest, greenest deposits of high-grade magnesium. The project currently has a contained 10.6 million tonnes of magnesium. West High Yield Resources owns 100% of 8,972 square contiguous hectares which will support open-pit mining. There is full infrastructure in place including roads, highways, nearby rail, electrical power, water, and natural gas.
West High Yield Resources is led by expert management and a veteran board of directors with over two hundred years of combined experience in mineral exploration, mine development, finance, business development, ore geology, public markets, energy, oil and gas, engineering, industrial research, operations, acquisitions and geophysics.
West High Yield Resources has multiple potential cash flow generating projects, an advanced magnesium project with a robust PFS ($871.77 million after-tax NPV, 72.03% after-tax IRR), high potential gold exploration at past producing Midnight Project, high grade gold mine rejects project with cash flow potential, great infrastructure as well as strong management and board.