KRO's analysis report on West Vault is available on their website.
Please note that West Vault does not remunerate KRO in any form. Any opinions or forecasts regarding the Company made by KRO are theirs alone and they neither represent the opinions or forecasts of West Vault or its management, nor imply that the Company analyzes or approves such information, conclusions, or recommendations.
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About
West Vault is committed to maximizing shareholder value through its low-risk gold-in-ground strategy, which involves acquiring, advancing, holding, and selling high-quality development gold projects in the best jurisdictions.
Authors and Qualified Persons Statement
The Company has filed a technical report on SEDAR entitled 'Technical Report for the Hasbrouck Gold-Silver Project Updated Preliminary Feasibility Study,
Sample Preparation, Analyses, and Security
It is RESPEC's opinion that the sampling, assaying, and security procedures used at
Data Verification
RESPEC completed audits of the database, performed a site visit, reviewed quality assurance and quality control data and confirmed historic assays. After performing their review, they consider the assay data to be adequate for the estimation of the current Mineral Resource and Mineral Reserve and for use in preparing the 2023 Technical Report.
About RESPEC
Contact:
Tel: 778 388 2464
Email: smcvey@westvaultmining.com
Compliance with NI 43-101 and Cautionary Statement on Mineral Resources and Reserves
The information in this news release has been summarized from the 2023 Technical Report. RESPEC has reviewed and verified the data disclosed in the Technical Report to be in conformity with generally accepted CIM 'Estimation of Mineral Resource and Mineral Reserves Best Practices' guidelines as of the date of the 2023 Technical Report as required by NI 43-101. For readers to fully understand the information in this news release, they should read the 2023 Technical Report which is available on www.sedar.com or at www.westvaultmining.com in its entirety, including all qualifications, assumptions, and exclusions that relate to the information set out in this news release that qualify the technical information contained in the 2023 Technical Report. The 2023 Technical Report is intended to be read as a whole, and sections should not be read or relied upon when taken out of the context of the full 2023 Technical Report. The technical information in this news release is subject to the assumptions, qualifications, and exclusions contained in the 2023 Technical Report.
Non-IFRS Reporting Measures
'All-in Sustaining Costs' are not Performance Measures reported in accordance with International Financial Reporting Standards ('IFRS'). These performance measures are included because these statistics are key performance measures that management uses to monitor performance. Management uses these statistics to assess how the Project ranks against its peer projects and to assess the overall effectiveness and efficiency of the contemplated mining operations. These performance measures do not have a meaning within IFRS and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. These performance measures should not be considered in isolation as a substitute for measures of performance in accordance with IFRS.
Disclaimer for Forward-Looking Information
This press release may contain 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: 'will', 'exploration potential', 'economically robust', 'high-quality development project', 'high sensitivity to gold price', 'progressively de-risking', 'permitted, fully-construction-ready status', 'construction-readiness', 'shovel-ready project', 'low-risk', 'gold-in-ground', 'well-understood', 'minimal pre-strip', and similar expressions, and those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this news release include, without limitation, statements regarding the projected cost and economic performance of the Project based on the 2023 Technical Report, the Company's ability to obtain any additional permits required to commence and complete construction and perform operations, the Company's ability to obtain required funding on reasonable terms, and the potential identification, execution, and realization of accretive opportunities. Although West Vault believes that such information as set out in this press release is reasonable, it can give no assurance that such expectations and estimates will prove 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 materially from forward-looking information as a result of various factors. 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.
Note to US Investors
This news release has been prepared in accordance with the requirements of the securities laws in effect in
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