Category: 2014

CALGARY, ALBERTA – December 29, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that the Company’s Board of Directors approved the granting of 773,334 stock options to officers, directors, employees and consultants of the Company, subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.30 per share and have a five year term.

About West High Yield

West High Yield is a publicly traded junior 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.

For further information please contact:

Frank Marasco

President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488

Facsimile: (403) 206-7159

Email: [email protected]

Dwayne Vinck

Chief Financial Officer

West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637

Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

CALGARY, ALBERTA – November 19, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces the release of its financial results and Management Discussion and Analysis (“MD&A”) for the nine months ended September 30, 2014. The unaudited interim condensed financial statements and related MD&A for the nine months ended September 30, 2014 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

The Company also advises that it has completed its Annual and Special Meeting of Shareholders on this date and all shareholder resolutions were approved. At the meeting the Board of Directors were re-elected and in addition Mr. Dwayne Vinck of Calgary was elected to the Board. Mr. Vinck, has been Chief Financial Officer of the Company since October 2007, is a Chartered Accountant and owner of a public accountant service firm, Chairman of Sulfur Recovery Engineering (private company) and Board Member of the Kids Help Phone, former President of Hunting Energy Services (Canada) Ltd. Mr. Vinck is a member of the Institute of Chartered Accountants, Institute of Corporate Directors, and the Institute of Internal Auditors.

About West High Yield

West High Yield is a publicly traded junior 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.

For further information please contact:
Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]	Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

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
47208	2.766	1.4		47258	4.130	50.9
47209	1.463	0.9		47264	1.010	2.2
47220	70.320	15.5		47266	1.072	1.5
47226	7.992	3.6		47267	1.988	1.3
47227	2.611	1.2		47270	17.910	111.0
47234	3.465	7.8		47271	1.520	2.5
47237	13.390	5.2		47272	1.042	1.3
47242	1.162	4.4		47274	1.556	2.3
47244	5.707	14.8		47275	3.586	5.8
47248	1.015	0.9		47277	3.777	2.9
47250	1.577	1.9		47279	1.500	3.6
47251	1.419	1.8		47281	1.637	1.1
47252	5.591	3.4		47283	2.660	16.3
47253	0.925	6.7		47284	52.050	22.5
47255	5.657	15.2		47289	2.829	5.5
47256	2.373	5.0		47290	1.875	2.9
47257	8.957	1.5

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.

Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]

Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

CALGARY, ALBERTA – October 6, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces it has commenced the permitting process for the sale of a 10,000 ton bulk sample and gold reclamation. The Company has also completed a 99 sample testing of historical gold mining reject rock. These samples have been sent for assay and results will be released as received. The reject rock pile is composed of rock which has never been milled. The rock was extracted from the many mines which are located on the Company’s Rossland property from 1885 to 1960.

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 continues to focus on financing development of its Record Ridge Magnesium Property.

Maria Marasco of Calgary, has been appointed to the Board of Directors. Mrs. Marasco is an independent business woman and member of the Marasco family which owns and controls 25,000,144 Common Shares or 49.5% of the issued and outstanding Common Shares of the Company.

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.

Frank Marasco

President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488

Facsimile: (403) 206-7159

Email: [email protected]

Dwayne Vinck

Chief Financial Officer

West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637

Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

CALGARY, ALBERTA – August 15, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces the release of its financial results and Management Discussion and Analysis (“MD&A”) for the six months ended June 30, 2014. The unaudited interim condensed financial statements and related MD&A for the year six months ended June 30, 2014 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

On July 31, 2014 the Company announced a non-brokered Private Placement of up to

$600,000 of Units. Each Unit is priced at $0.30 and consists of one (1) Common Share (“Common Share”) and 1/10 of one (1) Common Share Purchase Warrant (“Warrant”). Ten full Warrants will entitle the holder to purchase one (1) Common Share of the Company at an exercise price of $0.45 for a period of one year from the date of issue. The Private Placement is subject to receipt of all necessary regulatory approvals including final approval of the TSX Venture Exchange. The proceeds of the Private Placement will be used for general corporate purposes, working capital and obtaining permits for the sale of a 10,000 ton bulk sample and gold reclamation. Closing is anticipated to take place on or before September 10, 2014.

About West High Yield

West High Yield is a publicly traded junior 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.

For further information please contact:
Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]	Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

CALGARY, ALBERTA –July 31, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High” or the “Company”) announces a non-brokered Private Placement of up to $600,000 of Units. Each Unit is priced at $0.30 and consists of one (1) Common Share (“Common Share”) and 1/10 of one (1) Common Share Purchase Warrant (“Warrant”). Ten full Warrants will entitle the holder to purchase one (1) Common Share of the Company at an exercise price of $0.45 for a period of one year from the date of issue. The Private Placement is subject to receipt of all necessary regulatory approvals including final approval of the TSX Venture Exchange. The proceeds of the Private Placement will be used for general corporate purposes, working capital and obtaining permits for the sale of a 10,000 ton bulk sample and gold reclamation. Closing is anticipated to take place on or before September 10, 2014.

About West High

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.

Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]

Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

READER ADVISORY

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.

 

CALGARY, ALBERTA – May 22, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces the release of its financial results and Management Discussion and Analysis (“MD&A”) for the three months ended March 31, 2014. The unaudited interim condensed financial statements and related MD&A for the year three months ended March 31, 2014 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

About West High Yield

West High Yield is a publicly traded junior 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.

For further information please contact:
Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]	Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

CALGARY, ALBERTA – April 24, 2014. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces the release of its financial results and Management Discussion and Analysis (“MD&A”) for the year ended December 31, 2013. The audited financial statements and related MD&A for the year ended December 31, 2013 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

About West High Yield

West High Yield is a publicly traded junior 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.

For further information please contact:
Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]	Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory

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.

 

CALGARY, ALBERTA –Tuesday March 4, 2014 West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that SRK Consulting (U.S.), Inc. of Lakewood, Colorado (“SRK”) has completed a Project Review (Gap Analysis) Report for the Company which has been filed on the Company’s SEDAR profile at www.sedar.com and is also available on the Company’s website www.whyresources.com.

SRK Independent Project Review Gap Analysis

On June 4, 2013, the Company released the results of a Preliminary Economic Assessment (“PEA”) on its 100% owned Record Ridge Project (the “Record Ridge Property”). The Record Ridge Property is an intermediate advanced exploration stage magnesium (“Mg”) project located in southern British Columbia, Canada. The PEA was prepared by SRK and was filed on the Company’s SEDAR profile at www.sedar.com and is also available on the Company’s website at www.whyresources.com.

The PEA presumes a conventional open pit mine, a novel hydrometallurgical processing plant, a calcined magnesia intermediate product plant along with a fused magnesia production plant with pre-tax Net Present Value (“NPV”) using a 5% discount rate of US$1.339 billion and Internal Rate of Return (“IRR”) of 21% and a post-tax NPV of US$830 million using a 5% discount and post-tax IRR of 17% .

As noted, SRK prepared a Project Review Gap Analysis in respect of the Company’s Record Ridge Project. SRK reviewed the available documentation and information pertaining to the Record Ridge Project and commented on its sufficiency for use in a Prefeasibility Study (“PFS”). SRK conducted a desktop review of the minimum reporting requirements for a PFS and assessed gaps which should be addressed prior to or over the course of the study. SRK provided the following as a result of this review:

• A list of those gaps in the Company’s currently available data and information which should be addressed in a PFS.
• General recommendations for how those gaps can be remedied.
• A conceptual budget and schedule for completion of a PFS based on assumptions that the gaps can be addressed either prior to or as a part of the PFS.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the continued development of its Record Ridge intermediate advanced exploration stage magnesium project based on the recommendations contained in the Company’s Record Ridge PEA. The Company controls a 100% interest in its Record Ridge project which consists of 23 contiguous mineral claims, 8 Crown-granted claims and one private claim covering 7,891 hectares. Record Ridge is located near the town of Rossland, B.C., Canada. The mineralization on the Company’s property is related to the elevated magnesium content in serpentinized mafic rocks. Additional information with respect to the property can be found on the Company’s website at www.whyresources.com.

For further information please contact:
Frank Marasco President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 660-3488 Facsimile: (403) 206-7159 Email: [email protected]	Dwayne Vinck Chief Financial Officer West High Yield (W.H.Y.) Resources Ltd. Telephone: (403) 257-2637 Facsimile: (403) 206-7159 Email: [email protected]

Reader Advisory and Forward-Looking Statements

Neither 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.

When relying on the Company’s forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking information to differ materially from actual results or events. The Company cautions that the foregoing list of material factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time.

 

CALGARY, ALBERTA, Jan 27, 2014 (Marketwired via COMTEX) — West High Yield (W.H.Y.) Resources Ltd. CA:WHY -7.50%  (“West High Yield” or the “Company”) announces that it has retained Senergy Communications Inc. (“Senergy”), of Vancouver, B.C., to provide investor relations services. Senergy has been retained for a period of 3 months (which may be extended), which commenced on January 15, 2014 and is subject to TSX Venture Exchange approval. The Company has agreed to pay Senergy a fee of $5,000 per month, reimburse reasonable out-of-pocket expenses and grant Senergy stock options to purchase 100,000 common shares of the Company at an exercise price of $0.50 per share. Senergy is at arm’s length to the Company and is owned solely by Anthony Zelen, President of Senergy.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the continued development of its intermediate-advanced stage magnesium Record Ridge exploration project based on the recommendations contained in a PEA. The Company controls a 100% interest in its Record Ridge project which consists of 23 contiguous mineral claims, 8 Crown-granted claims and one private claim covering 7,891 hectares. Record Ridge is located near the town of Rossland, B.C., Canada. The mineralization on the Company’s property is related to the elevated magnesium content in serpentinized mafic rocks. Additional information with respect to the property can be found on the Company’s website at www.whyresources.com .

Reader Advisory and Forward-Looking Statements

Neither 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.

When relying on the Company’s forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking information to differ materially from actual results or events. The Company cautions that the foregoing list of material factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time.

49,276,093 Common Shares Issued

Contacts:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
[email protected]

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
[email protected]
www.whyresources.com