WEST Kirkland Reports That Permitting at Hasbrouck GOLD Project, Nevada ON Track
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News Release No. 117-2019
March 28, 2019
WEST KIRKLAND REPORTS THAT PERMITTING AT HASBROUCK GOLD
PROJECT, NEVADA ON TRACK
VANCOUVER, BRITISH COLUMBIA, March 28, 2019 – West Kirkland Mining Inc. (WKM:TSXV)
(“West Kirkland” or the “Company”) provides an update on the Hasbrouck Gold Project. Detailed
interaction between the Company, its environmental specialists and the Bureau of Land
Management (“BLM”) has been completed and federal permitting for construction and operation
of the planned Phase 2 Hasbrouck Mine open pit heap leach operation is on track for completion
in Q4 2019. Federal permits for construction and operation of the planned Phase 1 Three Hills
Mine open-pit heap-leach operation have already been issued by the BLM . The Company also
received in January 2019 the state permission for the inter-basin transfer of water from the area
of the Three Hills Mine where the Company leases a water right to the area of the Phase 2
Hasbrouck Mine.
“We are very pleased with our recent discussions with the BLM as the se int eractions have
confirmed our detailed plan for completing required permits on the larger Phase 2 Hasbrouck
Mine open-pit heap-leach area of the Hasbrouck Project. We are within the scope as set out in
our budget and our schedule for completion in Q4 2019 is on track. Our objective to obtain full
federal permits over the entire Hasbrouck Project in 2019 is within sight” said Sandy McVey, COO
of WKM. The Hasbrouck Project, consisting of both the Phase 1 Three Hills Mine and the Phase
2 Hasbrouck Mine, is a heap-leach open-pit project located in Nevada with 762,000 ounces of
gold reserves.
The Hasbrouck Gold Project contains Proven & Probable Reserves of 784,000 gold equivalent
oz (45,270,000 tons at 0.017 Au oz/t for 762,000 contained Au oz; 0.233 Ag oz/t for 10,569,000
contained Ag ounces) ( 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 prepared by Thomas L. Dyer, P.E. and Paul Tietz, C.P.G. of Mine
Development Associates (MDA)). Waterton Precious Metals Fund II Cayman, LP holds a 25%
interest in the Hasbrouck Gold Project and is participating in project expenditures.
About West Kirkland Mining Inc.
West Kirkland is focused on acquiring and advancing near -construction gold projects in safe
jurisdictions, and owns a 75% interest in , and a 1.1% net smelter return royalty over , the
Hasbrouck Gold Project in Tonopah, Nevada.
The Company has secured an option on a district scale land position for future exploration. At
this time, the Company will focus its efforts on completing full permitting for its gold reserves.
On behalf of West Kirkland Mining Inc.
“R. Michael Jones”
Chief Executive Officer
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For further information, please see the Company’s website at www.wkmining.com or contact us
by email at [email protected].
Investor Relations:
R. Michael Jones
(604) 685 8311 / [email protected]
Authors and Qualified Persons Statement
Sandy McVey, P.Eng., Chief Operating Officer for West Kirkland, and a non -independent
Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral
Projects (“NI 43-101”), has reviewed the technical information contained in this news release and
has verified the relevant data. Quality Control and Assay information is as previously disclosed
in the Company’s technical reports.
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: “bel ieve”, “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, without
limitation, discussion of regulatory processes and permitting; planned construction activities and
the timing thereof and other statements that are not historical facts. Information about details
contained in the prefeasibility study are also forward -looking statements in that they reflect a
prediction of the mineralization that would be encountered, and the results of mining it, if a mineral
deposit were developed and mined. Although West Kirkland believes that such information as set
out in this press release is reasonable, it can give no a ssurance that such expectations and
estimates will prove to be correct. 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 mat erially 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 securities, the state of the market for gold or other minerals that may be produced generally,
significant increases in any of the machinery, equipment or supplies required to develop and
operate a mine, a significant change in the availability or cost of the labor force required to operate
a mine, a significant increases in the cost of transportation for the Company’s products, 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.
Cautionary Note to U.S. Investors Regarding the Use of Mining Terms
This press release has been prepared in accordance with the securities laws in effect in Canada,
which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all
resources and reserve estimates reported by the Company in relation to the 2016 Updated Pre -
feasibility Study have been prepared in accordance with NI 43-101 and the Canadian Institute of
Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral
Reserves. NI 43 -101 is a rule developed by the Canadian Securities Administrators which
establishes standards for all public disclosure an issuer makes of scientific and technical
information concerning mineral projects. Canadian standards, including NI 43 -101, differ
significantly from the requirements of the U.S. Securities and Exchange Commission (the “SEC”)
Industry Guide 7, and resource or reserve information contained herein may not be comparable
to similar information disclosed by U.S. companies. In particular, and without limiting the
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generality of the foregoing, “resources” and “reserves” established unde r NI 43 -101 standards
may not qualify as “resources” and “reserves” under U.S. standards. Under U.S. standards,
mineralization may not be classified as a “reserve” unless the determination has been made that
the mineralization could be economically and legally produced or extracted at the time the reserve
determination is made. In addition, under U.S. standards, a “Final” or “Bankable” feasibility study
is required to report reserves, the three -year historical average price is used in any reserve or
cash flow analysis to designate reserves and the primary environmental analysis or report must
be filed with the appropriate governmental authority. Disclosure of “contained ounces” in a
resource is permitted disclosure under Canadian regulations; however, the SE C normally only
permits issuers to report mineralization that does not constitute “reserves” by SEC standards as
in-place tonnage and grade without reference to unit measures. Accordingly, information
concerning mineral deposits set forth in this press rel ease may not be comparable with
information made public by companies that report in accordance with U.S. standards.
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.