BC's Critical Mineral Strategy: Unlocking a Generational Opportunity

WHY.V     0.32          4.918%      Volume:  3000      Day Range:  0.32 - 0.32      Last Updated:  2024-07-20 00:30
Why We Are Unique
  • Advanced magnesium project with robust PFS with silica, nickel and iron as by-products
  • Multiple potential cash flow generating projects
  • High potential gold exploration at past producing Midnight Project
  • High grade gold mine rejects project with cash flow potential
  • Full infrastructure in place with roads, water, electricity and natural gas
  • Strong management and board

Why invest in W.H.Y. Resources

Multiple Streams of Revenue Potential

  • WHY will produce low cost, high purity, and high margin magnesium products for all industry vertical applications generating diverse revenue with its robust economics
  • After Tax NPV of $871.8 Million with an IRR of 72.03%. 
  • Initial capital expenditures (“CAPEX”) of $205.4 million including mine preproduction, processing, and infrastructure (access roads and site preparation)
  • Open pit mine ideally situated in a mining jurisdiction with all required infrastructure
  • Global demand is accelerating with the USA seeking to stockpile magnesium
  • Over 225K metric tons of mine rejects already mined, from the many historic mines in the area
  • Average grade of 2.5 ppm Au
  • Potential for 18K ounces of gold with over $30M value
  • High potential of finding high-grade gold mineralization based on historical data
  • Secured $2.5M flow through funds in Dec 2021 and completed 20,000 feet of drilling during 2022
  • Historical gold production and 2008 drill hole results reinforce the high potential of the claim