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Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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West Mining Corp. Announces a Gold Resource of 2,773,000 oz Inferred and 561,000 oz Indicated on Its 100% Owned Kena Project

West Mining Corp. Announces a Gold Resource of 2,773,000 oz Inferred and 561,000 oz Indicated on Its 100% Owned Kena Project
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Resources are reported using the 2014 CIM Definition Standards and were estimated using the 2019 CIM Best Practices Guidelines.
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The Mineral Resource has been confined by a reasonable prospects of eventual economic extraction pit using the following assumptions: US $2000/oz. Au at a currency exchange rate of 0.77 US$ per $CDN; 99.95% payable Au, 96.5% payable Cu; $4.30/oz Au offsite costs (refining, transport and insurance), 0.467 Cu offsite; a 3% NSR royalty; and uses a 88% metallurgical recovery for gold for all areas and 85% recovery for Cu in the Cu zone only. ....

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West Mining Executes Agreements for the Full Acquisition of Kena & Daylight Properties

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VANCOUVER, British Columbia, April 12, 2021 (GLOBE NEWSWIRE)
West Mining Corp. ( West or the Company ) (CSE:WEST) (OTC:WESMF) is pleased to announce that it has executed agreements for the acquisition of a 100% interest in and to its flagship Kena and Daylight properties (collectively, the Kena Project or the Project ) located in the Nelson Mining District in southeastern British Columbia.
When the opportunity as such presented itself allowing West to purchase outright 100% of the flagship Kena and Daylight Gold Copper project, the Company acted swiftly. With the historic and extensive exploration, drilling and sampling programs that have been completed on the properties over many years we knew this to be a fortuitous step for the growth of the Company. I wish to thank the executives of Apex Resources Inc., Boundary Gold and Copper Mining Limited and 1994854 Alberta Ltd for the ease of transition, stated Nicholas Houghton, President and CEO of West. ....

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