Press Release
CALGARY, ALBERTA – January 15, 2024 – West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company“) (TSXV:WHY) is pleased to provide an update on the progress of its permit application for its Record Ridge Industrial Mineral Mine (“RRIMM” or the “Project“) and to invite investors and other interested parties to join an upcoming interview with Market Radius Research.
Following the Company’s October 25, 2023 press release announcing the submission of the RRIMM amended permit application (the “Amended Permit Application“), the Company participated in the next step of the Application by meeting with the Mine Development Review Committee (“MDRC“) committee on December 6, 2023. At this meeting, the Company provided MDRS with an update and answered questions regarding the Amended Permit Application and a corresponding socio-economic report thereon. The MDRC committee chair, after having received the Company’s submissions at the December 8, 2023 meeting, requested that the MDRC provide technical comments to the Company relative to the Amended Permit Application by January 15, 2024. The Company, in conjunction with its consultants, will address the comments it receives from the MDRC before its next scheduled meeting with the MDRC set for February 14, 2024. The Company anticipates further feedback and details at this February 14, 2024 meeting pertaining to the next steps in the technical review process of the Amended Permit Application.
As previously communicated, the Company outlined numerous proposed Project mitigation strategies to address concerns and interests that had been expressed through its public engagement efforts, announced by the Company in a press release dated July 4, 2023. The positive changes to the Project were incorporated into the Amended Permit Application with the utmost consideration for the environment, the community, and all associated stakeholders. West High Yield eagerly anticipates the next phase of the MDRC technical review process while it awaits feedback from the MDRC committee members. The Company continues to plan for RRIM mine site construction development and mining during 2024.
Radius Research Webinar
The Company has confirmed a webinar with Martin Gagel of Market Radius Research to discuss the Project in further detail. Market Radius Research gives individual investors access to in-depth CEO interviews with deep-dive institutional level discussion and Q&A. Market Radius Research is hosted by Mr. Gagel, a former top-ranked technology analyst.
Accompanying Mr. Gagel will be the following Company representatives: Frank Marasco Jr., director, Chief Executive Officer and President; Barry Baim, director and Corporate Secretary; and Fouad Kamaleddine PhD/P.Eng, strategic advisor. The information for the webinar is as follows:
Event: Radius Research Pitch, Deep Dive, and Q&A with West High Yield Resources Ltd.
Presentation Date & Time: Wednesday, January 17, 2024 at 1:00 PM ET / 10:00 AM PT
Webcast Registration Link: https://us02web.zoom.us/webinar/register/2017050004112/WN_3zej1Ip4SVa2nDhmwsapYA
The webinar will be a live, interactive online event where attendees will be invited to ask the Company representatives questions in real-time following the interview portion of the webinar. An archived webcast will be made available for those who cannot join live on the day of the webinar.
Contact Information:
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com
Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com
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