West Kirkland Identifies New Surface MJ Gold Target across Property Boundaries Hasbrouck Project, Tonopah, Nevada
SUITE 788 – 550 BURRARD STREET, VANCOUVER, B.C. V6C 2B5 CANADA / TEL: 604-685-8311 / FAX: 604-484-4710
News Release No. 112-2018
Oct 4, 2018
West Kirkland Identifies New Surface MJ Gold Target across Property
Boundaries
Hasbrouck Project, Tonopah, Nevada
VANCOUVER, BRITISH COLUMBIA, October 4 , 2018 – West Kirkland Mining Inc.
(WKM:TSXV) (“West Kirkland”, “WKM” or the “Company”) is pleased to report that a new target
for at surface gold mineralization (the “MJ Target”) has been identified on the property boundary
between the 100% optioned Gold Mountain Project and the 75% owned Hasbrouck Gold
Property. WKM has identified the target with surface mapping and surface gold values on one
side of the historic property boundary and a historic drill hole with gold values by another operator
on the other side of the boundary.
WKM has consolidated the historic district and a clear 1,000 foot (305m) strike length target has
emerged.
WKM controls (75% interest) and operates the Hasbrouck gold project with 762,000 ounces of
proven and probable reserves (45,270,000 tons at 0.6 Au g/t; 8.0 Ag g/t for 10,569,000 contained
Ag ounces) and has a 100% option interest in the Gold Mountain area which is the subject of
recent exploration.
The new MJ Target was drilled on the 100% optioned Gold Mountain ground with a hi ghly
interesting intercept of 230 feet (70m) grading 0.012 ounces per ton gold (0.42 g/t) starting at 250
feet (76m) from surface. The true thickness is not known at this time. This intercept is open up -
dip and was not followed up as a result of the proximity to the property boundary. The drill hole
was 470 feet (143m) along strike to the SE from an obvious well mineralized outcrop with grab
samples of 2.07g/t Au and 1.85g/t Au, and NW along strike from another well mineralized outcrop
with a grab sample of 3.27g/t Au. The latter outcrop was on the 75% owned Hasbrouck property
which at the time of the drill hole ( 2010) was on a co mpetitor’s property. WKM has now
consolidated the district, compiled all the data and mapped the structures and the target is clear
with an untested 1,000 foot (305m) strike length. The mineralization at surface is very similar in
style to the Three Hills ore hosted nearby in the same formation and structurally controlled setting.
The MJ Target adds to the exploration potential announced previously at the Gold Zone Adit area
of the Gold Mountain property where underground workings, and WKM and previous operators
drilling have outlined a near surface target.
NEXT STEPS
WKM is designing a follow-up drill program based on the positive results obtained, with a focus
on adding to the district open pit resources and reserves.
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ABOUT THE HASBROUCK GOLD PROJECT
The Hasbrouck Gold Project contains Proven & Probable Reserves of 784,000 gold equivalent
oz, (45,270 ,000 tons at 0.58 Au g/t for 762,000 contained Au oz; 7.99 Ag g/t for 10,569,000
contained Ag ounces . NPV5 Post Tax (US$1,275/oz Au) estimated at US$120M, IRR 43%
(Technical Report and Updated Preliminary Feasibility Study for The Hasbrouck and Three Hills
Gold-Silver Project, Esmeralda County, Nevada, USA, Report Date: September 14, 2016).
QUALIFIED PERSON
R. Michael Jones P.Eng., CEO of West Kirkland Mining, is a non -independent Qualified Person
(“QP”) as defined by NI 43-101. He has reviewed the information contained in this news release
and has verified the data by hiring qualified geologists and engineers and has completed a review
of the detailed technical information. Mineral Reserve information in this news release relating to
the Hasbrouck Gold Project has been developed and approved by Thomas L. Dyer, P.E., of MDA
following CIM standards. Historic information does not have a chain of custody and is accepted
by the QP for exploration target work.
QUALITY ASSURANCE/QUALITY CONTROL
West Kirkland Mining Inc. utilizes a well-documented system of inserting blanks and standards
into the assay stream and has a strict chain of custody for samples taken by the
Company. Assays by the Company are completed at independent laboratories which have
internal quality assurance and quality control systems and procedures. Assays were performed
by ALS Chemex Labs Ltd., by fire assay and ICP methods.
On behalf of West Kirkland Mining Inc.
“R. Michael Jones”
Chief Executive Officer
For further information, please see the Company’s website at www.wkmining.com or contact us
by email at [email protected].
Disclaimer for Forward-Looking Information
This press release contains forward -looking information or forward -looking statements (collectively
"forward-looking information") within the meaning of applicable securities laws. Forward -looking
information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”,
“postulate” and similar expressions, or are those, which, by their nature, refer to future events.
Forward-looking information in this news release includes, w ithout limitation, the exploration and
project approach of a Prefeasibility Study. Historical mineral title also has risk of an unrecorded claim.
The Company cautions investors that any forward-looking information provided by the Company is not
a guarantee of future results or performance, and that actual results may differ materially from those
in forward-looking information as a result of various factors, including, but not limited to, the state of
the financial markets for the Company's equity securitie s, the state of the market for gold or other
minerals that may be produced generally, variations in the nature, quality and quantity of any mineral
deposits that may be located, the Company's ability to obtain any necessary permits, consents or
authorizations required for its activities, to raise the necessary capital or to be fully able to implement
its business strategies and other risks associated with the exploration and development of mineral
properties. The reader is referred to the Company's public filings for a more complete discussion of
such risk factors and their potential effects which may be accessed through the Company's profile on
SEDAR at www.sedar.com.
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.