TSX-V
WHY
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TSX-V
WHY
High-grade quartz veins grading average nearly 3oz/t (Au)
The Rossland Gold Camp historically produced over 6 million+ oz Au.
One of British Columbia’s most prolific past-producing gold districts.
Adds high-grade gold exploration upside alongside the Company’s flagship Record Ridge magnesium and silica project.
The Rossland Gold Camp is one of British Columbia’s most historically significant gold-producing districts. With 6 million+ ounces of past production from high-grade underground mines, the camp has demonstrated the geological potential to host substantial gold deposits. Midnight Gold is positioned to explore for new zones and extensions of this proven mineralization.
The Rossland Gold Camp is one of British Columbia’s most significant historic gold-producing districts, with a track record of high-grade mineralization that validates the geological potential of the area. The Midnight Gold property is positioned within this prolific camp, targeting extensions and new zones of gold mineralization.
Unlike bulk-tonnage, low-grade gold projects, Midnight Gold targets high-grade gold mineralization, the type of deposit that can generate outsized returns relative to exploration expenditure. High-grade discoveries in established camps represent some of the most compelling value-creation opportunities in the junior mining sector.
Located near Rossland, British Columbia, the Midnight Gold property benefits from the same infrastructure advantages as the broader WHY Resources portfolio: road access, proximity to services, established mining-friendly jurisdiction, and a supportive regulatory framework for responsible exploration.
The Midnight Gold exploration program is designed to systematically evaluate the property’s potential for high-grade gold mineralization. By applying modern exploration techniques to a historically productive camp, the project aims to identify new zones of mineralization that may have been overlooked by previous operators.
The Rossland camp’s geology is well-understood, with extensive historical data providing a strong foundation for targeted exploration. This reduces discovery risk while preserving the upside potential that comes with high-grade gold exploration in a proven setting.
While Record Ridge and the MgO Plant form the core of WHY Resources’ value proposition, Midnight Gold adds meaningful exploration upside in a precious metals context. Gold exploration in a proven, high-grade camp provides portfolio diversification and the potential for significant value creation at relatively modest exploration cost.
For investors, Midnight Gold represents optionality: the kind of exploration-stage exposure that can deliver outsized returns if high-grade discoveries are made, while the core critical minerals portfolio provides the foundation of value.
Access technical reports compiling geological and exploration data for the OK, IXL and Midnight Crown granted claims, as well as assay results from 2006 – 2009 drill programs, and a project fact sheet.
West High Yield Resources’ 2022 Drill Program was completed and closed for the winter season on November 15th at the Company’s Midnight Gold claim (“Midnight”) located in the Rossland Gold Camp area, British Columbia (see Figure 1). The three drills at Midnight demobilized in October and November. A total of 6,197 metres were completed (see Table 2) during the course of the Program. The Rossland Gold Camp historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.
Midnight Gold is one of four value drivers across magnesium, silica, nickel, and gold.
