KRO Company Profile West Vault Mining Inc (WVM-V) RS Web Site Tree Forum SEDAR Quote Free Trade Date Volume High Low Close Chg Status April 17, 2024 1,000 $1.100 $1.100 $1.100 ($0.020) Trading Basic Info Listed On: TSXV: WVM 2/12/2008 Sector: Resource Key People Issued: 57,924,492 9/30/2023 Story Type: Feasibility Demonstration Sandy McVey (CEO), Peter F. Palmedo (Chair), Frank R. Hallam (CFO), Diluted: 59,535,492 JK Owns: No Insider Stake: 63% 7/13/2020 Tel: (604) 685-8311 Working Capital: $4,672,840 9/30/2023 Email: Address Market Cap: $63,716,941 Web Site: westvaultmining.com 1100 Melville St #838, Vancouver, BC, V6E 4A6, Canada Cash Breakup: $0.08 per sh Twitter: @westvault Spec Value Rating History Apr 13, 2023 $1.020 Good Spec Value New Dec 29, 2023 $0.950 Good Spec Value New Spec Value Rating Overview Updated April 13, 2023 SV Rating: Good Spec Value - Favorite - as of December 29, 2023: West Vault Mining Inc is a 2023 KRO Favorite effective April 13, 2023 at $1.02 with a Good Speculative Value rating based on it positioning itself as a buyout target for a mid tier gold producer interested in developing the Hasbrouck project located just outside Tonopah in Nevada's Walker Lane. The target is a rapid repricing into the $1.50-$2.00 range to reflect fair speculative value, followed by leveraged tracking of higher real price gains (ie a 25% move by gold to $2,500 translates into a 600%-800% move to $7-$9 ahead of a buyout offer involving inflated but liquid paper from a mid tier producer). West Vault is headed by CEO Sandy McVey and Chairman Peter Palmedo whose Sun Valley Gold LLC owns 46% of the stock. Ruffer LLP and Eric Sprott own another 22%. The junior has about $4 million working capital which at the current overhead burn rate and no plans to do additional work at Hasbrouck would allow the company to operate for 4-5 years without any further equity dilution. The board includes highly experienced people like Stephen Quin and Pierre Lebel. The stated goal is to minimize dilution by spending only necessary overhead and foregoing additional feasibility related work or exploring those parts of the property with untested potential. This "gold vault strategy" is designed to maximize the upside when a major gold bull market based on a rising and sticky real gold price emerges and unleashes a scramble among mid-tier producers to expand their mining portfolio. Hasbrouck consists of three low sulphidation epithermal gold systems: Hasbrouck with a proven and probable reserve of 34,370,000 tons of 0.017 opt gold and 0.306 opt silver, Three Hills with a probable reserve of 9,653,000 tons of 0.018 opt gold, and Hill of Gold which has no resource. The reserves are based on oxidized mineralization. Hasbrouck was discovered in 1902 and underwent small scale mining until 1924. Hasbrouck and Three Hills underwent modern exploration from 1974 onward by various groups until 2002 when Newmont merged with Euro-Nevada. Newmont sold the project to Vista Gold in May 2003 which did no work and spun it out to Allied Nevada Gold Corp in 2007. Allied did some work in 2010-2012 and sold Hasbrouck to West Kirkland Mining in April 2014 which advanced the project through to a PFS in 2016 that included securing key permits from the BLM. The enduring bear market in gold took its toll and West Kirkland rolled back 10:1 on July 2, 2020, renaming itself West Vault Mining Inc to reflect a strategy of holding the project as a long term leveraged proxy for gold whose exit would be the acquisition by a producer. West Vault updated the PFS in January 2023 to adjust for recent cost inflation. Since 2014 West Vault has invested about CAD $48 million in Hasbrouck. The recent PFS outlines a two stage development plan, investing USD $66.2 million to mine Three Hills at 15,000 tpd over 2 years, and investing another $117 million in the second year to develop Hasbrouck for 17,500 tpd mining over the subsequent 6 years for an 8 year mine life. Initial, growth and sustaining CapEx total $222 million. OpEx would be USD $10.36 per ton including $4.02 mining per ton ore and $4.67 processing per ton. The operation would involve open pit mining with a 1.1:1 strip rate and cyanide heap leaching with life of mine recoveries of 74.6% for gold and 18.3% for silver. The combined reserve of 44,023,000 tons at 0.017 opt gold (0.58 g per tonne) and 0.239 opt silver would yield 561,000 oz gold and 1,918,000 oz silver. At the base case prices of $1,790/oz gold and $22.50/oz silver the PFS yields an after tax IRR of 51% and NPV of USD $206.2 million at 5% and $149 million at 10% discount rates. At 60.2 million shares fully diluted and a USD:CAD exchange rate of 0.74 this translates into CAD $4.63 per share and $3.34 per share. Under the rational speculation model which assigns a 50% to 75% certainty for the projected outcome the fair speculative value range is $1.67-$2.51 using a 10% discount rate and $2.32-$3.47 using a 5% discount rate. In other words, the stock should be trading in a range of $1.67-$3.47 depending on the market bias from conservative pessimism to aggressive optimism. The stock price at $1.02 thus represents Good Speculative Value offering price appreciation potential of 66% to 242% to position it within the Fair Speculative Value range. Corporate Change History #Old for New Last Price Prior Name Subsequent Name Details Jun 8, 2010 Name Change 1:1 $0.90 Anthem Ventures Capital Corp (WKM-V) West Kirkland Mining Inc (WKM-V) Jul 2, 2020 Name Change 10:1 $0.13 West Kirkland Mining Inc (WKM-V) West Vault Mining Inc (WVM-V) Recommendation History Edition Date Price Recommendation Gain SVF2023 4/13/2023 $1.02 Good Spec Value Favorite 0% SVF2023 12/29/2023 $0.95 SV Technical Closeout 100% -7% SVF2024 12/29/2023 $0.95 Good Spec Value Favorite 0% Charts & Financing Activity  Most recent 43-101 resource estimate  Prior resource estimate  PEA  PFS  FS/BFS/DFS Private Placement Key less than $500,000 $1,000,000 - $2,000,000 $5,000,000 - $10,000,000 $20,000,000 - $50,000,000 $500,000 - $1,000,000 $2,000,000 - $5,000,000 $10,000,000 - $20,000,000 over $50,000,000 Private placement financing dates and value ranges are based on transactions reported by the TSXV Monthly Review. Date Company Type Quantity Price FT Units Amount Broker Oct 12, 2007 Anthem Ventures Capital Corp IPO 1,000,000 $0.200 $200,000 Raymond James Ltd. May 28, 2010 Anthem Ventures Capital Corp PP 12,000,000 $0.500 $6,000,000 Jun 15, 2010 West Kirkland Mining Inc PP 100,000 $0.750 Units $75,000 Nov 16, 2010 West Kirkland Mining Inc PP 2,156,233 $1.200 FT $2,587,480 Dec 9, 2011 West Kirkland Mining Inc PP 5,232,500 $1.100 Units $5,755,750 Dec 9, 2011 West Kirkland Mining Inc PP 1,575,000 $1.270 FT $2,000,250 Jul 23, 2012 West Kirkland Mining Inc PP 4,828,603 $0.350 Units $1,690,011 Feb 25, 2013 West Kirkland Mining Inc PP 22,400,000 $0.250 Units $5,600,000 Jan 31, 2014 West Kirkland Mining Inc PP 11,900,000 $0.100 $1,190,000 Apr 21, 2014 West Kirkland Mining Inc SOM 162,615,167 $0.150 Units $24,392,275 Cormark Securities Inc. Apr 21, 2014 West Kirkland Mining Inc PP 32,292,666 $0.150 Units $4,843,900 May 12, 2014 West Kirkland Mining Inc PP 22,700,000 $0.150 Units $3,405,000 Dec 31, 2015 West Kirkland Mining Inc PP 14,000,000 $0.050 $700,000 Aug 17, 2017 West Kirkland Mining Inc PP 19,300,000 $0.075 $1,447,500 Mar 21, 2018 West Kirkland Mining Inc PP 22,900,000 $0.060 $1,374,000 Dec 13, 2018 West Kirkland Mining Inc PP 40,000,000 $0.050 $2,000,000 Feb 6, 2020 West Kirkland Mining Inc PP 16,673,334 $0.060 $1,000,400 Aug 20, 2020 West Vault Mining Inc PP 5,520,000 $1.150 $6,348,000 Aug 20, 2020 West Vault Mining Inc PP 8,855,000 $1.150 $10,183,250 Capital Financials Dated: September 30, 2023 Reporting Period: 9 months Year End: 12/31 Currency: CAD Assets Liabilities Income Cash Equivalents: $4,789,108 Current Liabilities: $193,273 Operating Revenues: $0 Receivables etc: $77,005 Tangible LT Debt: $125,115 Operating Cash Costs: $0 Current Assets: $4,866,113 Intangible LT Debt: $10,603,828 Operating Cash Flow: $0 Long Term Assets: $48,029,128 Total Liabilities: $10,922,216 Operating Non-Cash Costs: $0 Miscellaneous Revenue: $0 Total Assets: $52,895,241 Share Capital: $74,700,417 Cash Expenses: $1,361,854 Shareholder Deficit: ($32,727,392) Non-Cash Expenses: $155,772 Working Capital: $4,672,840 Net Shareholder Equity: $41,973,025 Total Expenses: $1,517,626 Overall Cash Flow: ($1,361,854) Monthly Overhead: $151,317 Net Income (Loss): ($1,517,626) Note: LTD includes $10,603,828 in Deferred Income Tax. Capital History Date Period Cash Eq Current Assets Total Assets Current Liabilities Total Liabiltiies Share Capital GAIN Cash Expenses Diluted Working Capital 9/30/2010 9 $5,673,595 $5,770,650 $6,737,399 $101,857 $101,857 $7,127,249 $593,341 0 $5,668,793 6/30/2011 6 $4,159,658 $4,481,017 $10,017,181 $715,840 $715,840 $11,093,229 $742,185 28,097,050 $3,765,177 9/30/2011 9 $1,310,713 $1,671,000 $9,911,595 $924,764 $924,764 $11,110,427 $1,331,157 27,309,633 $746,236 12/31/2011 12 $4,655,863 $5,163,521 $14,246,196 $1,356,037 $1,356,037 $17,434,692 $1,996,102 37,875,983 $3,807,484 3/31/2012 3 $1,587,103 $2,214,283 $11,608,885 $991,892 $991,892 $17,434,692 $507,983 37,875,983 $1,222,391 6/30/2012 6 $617,332 $767,407 $11,316,515 $1,141,769 $1,141,769 $17,434,692 $1,025,040 37,875,983 ($374,362) 9/30/2012 9 $502,834 $622,322 $11,679,373 $728,883 $728,883 $18,847,882 $1,485,329 44,858,887 ($106,561) 12/31/2012 12 $174,184 $352,161 $11,645,078 $1,439,109 $1,520,081 $18,953,510 9% $1,882,950 41,902,637 ($1,086,948) 3/31/2013 3 $2,579,438 $2,926,443 $15,396,459 $626,477 $709,767 $22,555,770 $581,307 87,202,637 $2,299,966 6/30/2013 6 $1,244,501 $1,505,300 $15,077,396 $353,119 $439,978 $22,557,448 $966,805 87,087,637 $1,152,181 9/30/2013 9 $871,597 $908,469 $11,316,196 $356,723 $441,807 $22,557,448 $1,344,655 87,087,637 $551,746 12/31/2013 12 $565,397 $592,686 $9,004,084 $443,948 $513,695 $22,529,977 19% $1,682,049 88,007,637 $148,738 3/31/2014 3 $562,215 $593,950 $10,198,367 $943,967 $1,016,461 $23,348,559 $48,751 75,093,336 ($350,017) 6/30/2014 6 $8,192,534 $8,264,877 $39,046,967 $476,608 $656,578 $39,774,741 $937,872 524,375,002 $7,788,269 9/30/2014 9 $6,245,865 $6,383,241 $36,838,994 $534,650 $718,096 $39,771,291 $1,399,854 524,475,002 $5,848,591 12/31/2014 12 $4,391,908 $4,524,383 $35,906,974 $674,544 $750,235 $49,517,633 120% $1,691,411 524,475,002 $3,849,839 3/31/2015 3 $2,944,661 $3,079 $38,115,489 $314,012 $396,652 $49,517,633 $298,406 524,455,002 ($310,933) 6/30/2015 6 $1,756,750 $1,888,138 $37,233,061 $347,995 $429,486 $49,517,633 $741,862 302,549,169 $1,540,143 9/30/2015 9 $649,924 $753,164 $39,242,864 $152,769 $239,839 $49,517,633 $971,116 523,490,002 $600,395 12/31/2015 12 $1,155,385 $1,229,257 $41,305,023 $301,016 $368,051 $50,187,973 1% $1,140,978 7,590,000 $928,241 3/31/2016 3 $631,979 $667,740 $38,529,799 $213,510 $276,414 $50,187,973 $209,372 314,984,169 $454,230 6/30/2016 6 $329,202 $345,798 $38,174,880 $264,778 $327,343 $50,187,973 $424,856 539,725,002 $81,020 9/30/2016 9 $5,599 $39,843 $38,837,527 $604,687 $668,221 $50,187,973 $687,180 318,784,169 ($564,844) 12/31/2016 12 $1,021,407 $1,076,511 $41,066,395 $462,222 $527,778 $51,805,935 3% $842,993 335,234,169 $614,289 3/31/2017 3 $294,886 $629,693 $40,884,357 $468,658 $520,290 $51,936,865 $241,515 340,288,947 $161,035 6/30/2017 6 $114,754 $334,710 $40,070,593 $544,810 $634,219 $51,936,865 $152,366 339,888,947 ($210,100) 9/30/2017 9 $780,103 $959,326 $39,591,662 $358,975 $444,867 $53,365,978 $677,462 359,188,947 $600,351 12/31/2017 12 $228,492 $358,213 $39,567,013 $179,837 $247,122 $53,365,978 3% $786,613 277,337,672 $178,376 3/31/2018 3 $1,049,798 $1,187,189 $41,943,147 $184,946 $254,103 $54,717,267 $110,778 381,768,393 $1,002,243 6/30/2018 6 $461,871 $581,905 $42,647,251 $108,552 $179,179 $54,684,084 $283,837 388,893,393 $473,353 9/30/2018 9 $30,475 $196,217 $42,039,960 $263,179 $332,609 $54,684,084 $395,954 388,893,393 ($66,962) 12/31/2018 12 $1,505,400 $1,562,152 $46,009,212 $177,341 $248,589 $56,616,352 6% $544,714 428,018,393 $1,384,811 3/31/2019 3 $1,150,505 $1,254,811 $45,018,671 $158,395 $228,186 $56,616,352 $120,831 427,818,393 $1,096,416 6/30/2019 6 $780,027 $889,730 $44,145,317 $213,819 $282,168 $56,629,650 $238,910 422,647,975 $675,911 9/30/2019 9 $285,504 $438,261 $43,658,582 $224,232 $293,396 $56,629,650 $363,650 422,647,975 $214,029 12/31/2019 12 $51,642 $120,767 $42,719,571 $217,794 $289,647 $56,629,650 0% $1,506,531 422,647,975 ($97,027) 3/31/2020 3 $729,404 $814,947 $47,539,419 $189,318 $267,805 $57,795,007 $103,563 439,321,309 $625,629 6/30/2020 6 $319,117 $406,794 $45,508,734 $110,794 $186,188 $57,595,007 $275,031 43,932,130 $296,000 9/30/2020 9 $2,627,927 $2,700,650 $47,421,532 $200,522 $274,317 $74,675,160 $537,434 60,867,130 $2,500,128 12/31/2020 12 $2,139,956 $2,208,274 $45,024,046 $457,388 $527,825 $74,559,615 32% $806,222 60,867,130 $1,750,886 3/31/2021 3 $8,573,033 $8,643,971 $51,445,880 $391,226 $8,071,875 $74,560,895 $590,063 61,198,330 $8,252,745 6/30/2021 6 $7,844,745 $7,896,343 $50,295,362 $185,932 $7,954,533 $74,729,995 $1,111,141 60,958,330 $7,710,411 9/30/2021 9 $7,396,081 $7,466,769 $51,312,839 $153,343 $8,337,031 $74,729,995 $1,612,066 60,958,330 $7,313,426 12/31/2021 12 $7,145,088 $7,220,474 $50,923,709 $185,465 $8,549,360 $74,729,995 0% $2,043,305 60,627,742 $7,035,009 3/31/2022 3 $6,867,244 $6,922,676 $50,071,025 $187,046 $8,658,209 $74,729,995 $345,904 60,613,330 $6,735,630 6/30/2022 6 $6,718,974 $6,761,693 $51,398,196 $194,959 $9,141,636 $74,890,353 $861,575 60,275,337 $6,566,734 9/30/2022 9 $6,653,734 $6,726,819 $54,466,111 $254,476 $9,991,466 $74,862,204 $1,299,502 59,750,337 $6,472,343 12/31/2022 12 $6,326,323 $6,408,286 $53,847,249 $423,773 $10,339,154 $74,848,625 0% $1,767,833 59,750,337 $5,984,513 3/31/2023 3 $5,703,816 $5,805,033 $53,488,211 $205,960 $10,384,636 $74,888,441 $392,623 60,134,670 $5,599,073 6/30/2023 6 $5,191,796 $5,228,372 $52,046,042 $198,917 $10,424,656 $74,873,615 $925,607 59,895,492 $5,029,455 9/30/2023 9 $4,789,108 $4,866,113 $52,895,241 $193,273 $10,922,216 $74,700,417 $1,361,854 59,535,492 $4,672,840 Structure & People Directors, Officers and Employees: 239,677 0.4% AGM: June 23, 2022 Other Insiders: 36,491,540 63.0% People Tree Available Past Reported Shareholders: 120,797,271 N/A Related Party Occupation Related Since Insider Director Officer Capacity Ownership % Pierre B. Lebel Lawyer 5/28/2010 24,300 0.0% Priscila C. Lima 6/23/2022 0 0.0% Peter F. Palmedo Fund Manager 4/29/2019 Chairman 0 0.0% Stephen P. Quin Geologist 6/23/2022 0 0.0% Michael G. Allen Geologist 6/1/2010 VP Exploration 0 0.0% Frank R. Hallam Accountant 5/28/2010 CFO 215,377 0.4% Sandy McVey Engineer 9/2/2021 CEO 0 0.0% Ruffer LLP Institution 6/23/2017 9,668,800 16.7% Sun Valley Gold LLC Institution 4/23/2014 26,822,740 46.3% Past Insiders and Reported Shareholders - Current Ownership Status unknown - positions may be pre-rollback Related Party Occupation Related Since Insider Ended Director Ended Capacity Ownership Baker Steel Capital Managers LLP Institution 8/14/2014 6/25/2020 Insider 29,965,000 John S. Brock Geologist 9/24/2010 6/22/2017 6/22/2017 Director 200,000 Eric H. Carlson Accountant 4/3/2007 8/14/2014 8/14/2014 Director 1,848,000 Carol Ellis Broker 11/16/2010 Placee 10,000 Gerald Fabbro Broker 11/16/2010 Placee 20,150 Kevin Falcon 6/14/2013 6/23/2022 6/23/2022 Director 24,533 Fronteer Gold Inc 12/24/2010 Placee 800,000 Oliver Gilbert Broker 11/16/2010 Placee 40,300 Karim Jandali Broker 11/16/2010 Placee 20,200 R. Michael Jones Engineer 5/28/2020 9/2/2021 9/2/2021 CEO & President 282,191 Benjamin Kendall Broker 11/16/2010 Placee 20,150 Liberty Metals & Mining Holdings LLC Institution 4/22/2014 6/25/2020 Placee 42,000,000 Eric Mennell Broker 11/16/2010 Placee 20,150 Newmont Canada Ltd Public Company 7/20/2012 Insider 5,244,731 Franco Papalia Broker 11/16/2010 Placee 20,200 RBC Global Precious Metals Fund 5/28/2010 Placee 1,800,000 Sprott Asset Management Inc Institution 8/14/2014 Insider 38,481,666 Share positions of current insiders based on last AGM circular, ownership % based on current Issued. Share positions of past insiders and shareholders have not been adjusted for rollbacks or splits. Active Index Memberships Membership Start Date: December 29, 2023 Start Price: $0.95 KRO Favorites 2024: Features companies designated 2024 KRO Favorites, based on closing price December 29, 2023 or when added during 2024.. Risk Analysis Click here to view IPV Report Key to Understanding the Spec Value Hunter Tables Flagship Play Secondary Plays Other Plays A Spec Value Hunter table allows speculators to identify which projects offer poor, fair or good speculative value according to the rational speculation model. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. Poor Speculative Value - Fair Speculative Value - Good Speculative Value - Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits Color Key for Target Outcome Achievability Ranges in millions ranked from most to least achievable below $25 Should be Private: Artisanal, Placer, Mom & Pop Shop $25-$50 Tiny Scale: underground mine or quarry - not worth the bother $50-$100 Small Scale: junior needs to self-develop $100-$250 Buyout Target: by Lower Tier Producers $250-$500 Buyout Target: by Mid-Tier Producers $500-$1,000 Ideal Target for Junior: Buckhorn, Sleeper $1,000-$2,000 Almost World Class: Ekati, Red Chris, Brucejack, Juanicipio, Stibnite $2,000-$5,000 World Class: Eskay Creek, Hemlo, Hermosa-Taylor, Oyu Tolgoi, LaRonde, McArthur $5,000-$10,000 Giants: Escondida, Sullivan, Carlin Trend, Kidd Creek, Orapa, Kamoa-Kakula above $10,000 Off the Scale District: Wits 1.0, Araxa, Sudbury Basin, Bayan Obo The target outcome range required for the current implied project value to represent fair speculative value is based on the upper and lower certainty limits associated with the project stage. The color coding is based on the target outcome using the mid-point of the certainty range. Active Company Projects Project Location Net Interest Stage IPV $ MM Fair Spec Value Required Target Outcome Range $100 UPV $500 $2000 Target Metals Deposit Style Hasbrouck United States - Nevada - Esmeralda County 100% WI 7-Permitting & Feasibility $65 $87 - $131 Gold Silver Low Sulphidation Epithermal Project Stage Flagship Secondary Active Grassroots (1) & Target Testing (2) Discovery Delineation (3) Infill Drilling & Metallurgy (4) PEA (5) or PFS (6) Feasibility & Permitting (7) Construction (8) or Production (9) Clicking on the project icon will display a popup identifying the company project, its stage and target metals, basic facts, a chart, a link to that project within that company's KRO Profile, a link to the most recent news release, and a link to the most recent KRO comment if one exists.

Hasbrouck Project
Featured in Share Collective
Hasbrouck		United States	NV	Esmeralda County	0 ha

Net Interest: 100% WI Vested: Yes Uncapped NSR/GOR: 4.00%

Ownership Terms: January 2014 agreement for West Kirkland Mining to purchase up to 100% of the Hasbrouck and Three Hills properties, subject to Allied Nevada's option to decline the final payment and retain a 25% interest in the property, for a total purchase price of $30-million (U.S.). West Kirkland paid Allied Nevada a non-refundable $500,000 (U.S.) upon signing of the agreement and agreed to pay an additional $19.5-million (U.S.) upon closing, expected to be no later than April 24, 2014. The final $10-million (U.S.) is to be paid to Allied Nevada within 30 months after the closing date, subject to Allied Nevada's option to retain an interest in the property. In the event WKM does not meet its final $10-million (U.S.) commitment to Allied Nevada, or if Allied Nevada takes the option to decline the final payment and retain and interest in the property, the property will be placed into a joint venture with WKM holding a 75-per-cent interest and Allied Nevada retaining a 25-per-cent interest. On Aug 13, 2020 WVM acquired the remaining 25% for USD $10 million and 1,000,000 shares at CAD $1.30.

Target Metals: Gold Silver

Model: Low Sulphidation Epithermal

Stage: 7-Permitting & Feasibility

See Reliable Project Location Google Map in free Corporate Profile

Milestone Timeline
Program	Start	End	Milestone
Delineation	2014 Q4 Late October	2014 Q4 Late October	1,400-metre RC exploration drill program begins, designed to follow up on the successes of the first phase of drilling announced Sept. 9, 2014.
Economic Study - PFS	2014 Q2 Early June	2015 Q1	PFS begins June 2014, with completion expected during Q1, 2015

Base Case Resource Estimates
Project Resource Estimate - Hasbrouck / Three Hills
Feb 24, 2014	NI 43-101	Scott Wilson	Cutoff: 0.005 oz t/Au eq

Resource Category	Tonnage	Total Rock Value	Metal	Grade	Recovery	Contained Metal	% of GMV
Measured Resource	14,312,579	$48/t	Gold	0.51 g/t	100.0%	236,657 oz	81%
			Silver	9.81 g/t	100.0%	4,512,266 oz	19%
Indicated Resources	56,621,640	$38/t	Gold	0.41 g/t	100.0%	748,987 oz	82%
			Silver	7.51 g/t	100.0%	13,669,017 oz	18%
Inferred Mineral Resources	63,432,747	$26/t	Gold	0.27 g/t	100.0%	559,389 oz	81%
			Silver	5.45 g/t	100.0%	11,117,865 oz	19%
All Categories Spot	134,366,966	$34/t	Gold	0.36 g/t		1,545,034 oz	82%
			Silver	6.78 g/t		29,299,148 oz	18%
Spot Gross Metal Value		Market Cap as % of Net GMV	Spot Prices Used
$4,527,318,685		1.4%	Gold $2,390.35/oz, Silver $28.47/oz

Company Related KRO Comments

Mar 29, 2024	Kaiser Watch - 0:10:50
Mar 29, 2024	KW Excerpt: Kaiser Watch March 29, 2024: West Vault Mining Inc (WVM-V)
Jul 6, 2023	Kaiser Watch - 0:00:00
Jul 6, 2023	KW Excerpt: Kaiser Watch July 6, 2023: West Vault Mining Inc (WVM-V)
Jun 2, 2023	Kaiser Watch - 0:05:02
Jun 2, 2023	KW Excerpt: Kaiser Watch June 2, 2023: West Vault Mining Inc (WVM-V)
May 24, 2023	Kaiser Watch - 0:00:00
May 24, 2023	KW Excerpt: Kaiser Watch May 24, 2023: West Vault Mining Inc (WVM-V)
Apr 14, 2023	Kaiser Watch - 0:12:19
Apr 14, 2023	KW Excerpt: Kaiser Watch April 14, 2023: West Vault Mining Inc (WVM-V)
Apr 13, 2023	Tracker: Speculative Value Rating for West Vault Mining Inc

Company News Releases - Members Only

Oct 12, 2023	Granted 1% Royalty on Prospective Property Adjacent to Hasbrouck, Nevada
Jul 6, 2023	Hosts Analysts, Investors, Journalists at Hasbrouck Gold Project, Nevada
Jun 23, 2023	Positive Results of Annual Meeting of Shareholders
Apr 26, 2023	Coverage Initiation on Hasbrouck Gold Project by Kaiser Research
Apr 9, 2023	Renewal of Normal Course Issuer Bid
Apr 4, 2023	Normal Course Issuer Bid
Apr 4, 2023	Normal Course Issuer Bid
Mar 8, 2023	Mining Files on Sedar a Hasbrouck Gold Project Pre Feasibility Study - - - -
Feb 21, 2023	Provides an Update on Its ESG Initiative in Nevada the Arid Land Research Fund
Jan 23, 2023	51% IRR Pre Feasibility Study Update for Hasbrouck Gold Project
Jan 18, 2023	Acquires a Second Water Right for the Construction Ready Hasbrouck Gold Project, Nevada
Oct 5, 2022	Reaffirms Its Commitment to a Low Risk, High Return Gold Strategy
Jul 12, 2022	Confirms CEO Appointment
Jun 24, 2022	Positive Results of Annual Meeting of Shareholders
Jun 8, 2022	Initiates the Arid Land Research Fund
Apr 5, 2022	Normal Course Issuer Bid
Feb 14, 2022	Mining at Hasbrouck Gold Project
Dec 2, 2021	Receives Federal Permit to Mine Hill of Gold Satellite Deposit
Sep 29, 2021	Provides an Update on the Hasbrouck Gold Project, Nevada
Sep 2, 2021	Resignation of President and CEO and Appointment of Interim CEO
Jun 28, 2021	Positive Results of Annual Meeting of Shareholders
Mar 3, 2021	Property Asset or Share Purchase Agreement
Mar 1, 2021	Closes Gold and Silver Stream Transaction with Sprott
Feb 22, 2021	Enters US $7.3 Million Gold and Silver Stream Agreement with Sprott
Feb 2, 2021	Acquires 100% Ownership Interest in the Hill of Gold Property and Extinguishes 2% NSR Royalty
Dec 23, 2020	Graduates to OTCQX (R) Market in the United States
Nov 5, 2020	Obtains Federal Permit to Construct and Operate Hasbrouck Mine
Aug 21, 2020	Grants Incentive Stock Options
Aug 20, 2020	Private Placement ' Brokered
Aug 20, 2020	Private Placement ' Non Brokered
Aug 14, 2020	Completes Purchase of 25% Stake of Hasbrouck Gold Project from Waterton
Aug 13, 2020	Vault Closes $10.18 Million Non Brokered Private Placement
Aug 4, 2020	Hasbrouck Gold Project Permitting Update
Aug 4, 2020	Property Asset or Share Purchase Agreement
Jul 22, 2020	Consolidates 100% of Hasbrouck Gold Project by Purchase of 25% Stake from Waterton
Jul 22, 2020	Private Placement Financings to Raise up to $15.7 Million to Consolidate Hasbrouck Gold Project
Jun 29, 2020	Name Change and Consolidation
Jun 29, 2020	Name Change and Consolidation
Jun 29, 2020	Approval of Name Change and Share Consolidation
May 21, 2020	Symbol Change
May 5, 2020	Unaware of Material Change
Mar 5, 2020	Obtains Positive Decision from BLM on Permitting Process for Hasbrouck Mine
Aug 12, 2019	Revised Strategic Plan
Jun 19, 2019	Results of Annual General Meeting and Appointment of New Chairman
Jan 23, 2019	Approval of Inter Basin Water Transfer and BLM Acceptance of a Plan of Operations at the Hasbrouck Gold Project, Nevada
Dec 13, 2018	Private Placement Non Brokered
Oct 16, 2018	MJ Zone 80 feet (24 m) Grading 2.69 Grams Gold per Tonne At Surface Hasbrouck Project, Tonopah, Nevada
Oct 4, 2018	Identifies New Surface MJ Gold Target across Property Boundaries Hasbrouck Project, Tonopah, Nevada
Aug 2, 2018	Reports on Metallurgy of High Grade Surface Gold at Gold Mountain Target Hasbrouck Gold Project, Tonopah, Nevada
Jul 26, 2018	Multiple New High Grade Gold Sections On Surface At Gold Mountain Target Hasbrouck Project, Tonopah, Nevada
Jun 7, 2018	Reports Multiple New High Grade Gold Sections On Surface At Gold Mountain Target Hasbrouck Project, Tonopah, Nevada
May 22, 2018	43m of 3.40 grams per tonne at surface Near Hasbrouck Project, Tonopah, Nevada
Apr 16, 2018	Exploration Program Underway at Hasbrouck Project, Tonopah, Nevada
Apr 5, 2018	New Target Outlined with Surface Gold Values Near Hasbrouck Project, Tonopah, Nevada
Mar 21, 2018	Private Placement Non Brokered
Mar 13, 2018	Non Brokered Private Placement for $1,374,000
Mar 5, 2018	Property Asset or Share Purchase Agreement
Feb 21, 2018	Exploration at Hasbrouck Gold Project and Gold Mountain, Tonopah, Nevada
Jan 29, 2018	Identifies New Target at Gold Mountain Using Hasbrouck Deposit Model, Tonopah, Nevada
Jan 10, 2018	Surface Gold And Silver Values On Newly Acquired Mineral Rights, Tonopah, Nevada
Dec 18, 2017	Leases Mining Patents And Mineral Claims From Tonopah Divide Mining Company
Sep 6, 2017	Corporate Update
Aug 18, 2017	Liberty Metals Disposes Of Shares Of West Kirkland Mining
Aug 17, 2017	Private Placement Non Brokered
Aug 16, 2017	Closing Of Non brokered Private Placement For $1,447,500
Aug 8, 2017	Update; Tonopah Sale Complete
Aug 3, 2017	A Non brokered Private Placement For $1,447,500
Jun 26, 2017	Resignation Of Director
May 9, 2017	Buys 1.1% Nsr Royalty At Hasbrouck In Exchange For Tug Project Interests
May 1, 2017	LLC Agreement Signed With Waterton; Hasbrouck Gold 762,000 Ounce Reserve Nevada Gold Project Advancing
Mar 20, 2017	Piggyback Qualified
Mar 16, 2017	New Gold Intercepts At Three Hills And Hill Of Gold
Mar 1, 2017	Begins Trading On OTCQB Under Ticker Symbol WKLDF
Feb 24, 2017	Property Asset or Share Purchase Agreement
Feb 21, 2017	Enters Agreement For Lease Of Water Rights Hasbrouck Open Pit Heap Leach Gold Project, Nevada
Jan 23, 2017	Retains Alpha Advisory For Investor Relations Services
Jan 12, 2017	To Complete Surface Purchase For Three Hills Mine Heap Leach And Expansion Drilling Underway At Three Hills
Jan 5, 2017	Grant Of Incentive Stock Options
Jan 4, 2017	Provides Nevada Update
Nov 29, 2016	Leases Hill Of Gold Property Between Existing Open Pits At Hasbrouck Project, Tonopah, Nevada
Oct 28, 2016	Closing Of Non brokered Private Placement For $1,650,000
Oct 24, 2016	Non brokered Private Placement For $1,650,000
Sep 15, 2016	Files Hasbrouck Project Technical Report And Updated Pre feasibilty Study
Sep 1, 2016	Positive Hasbrouck Updated Pre feasibility
Apr 12, 2016	Update and Grant of Incentive Stock Options
Feb 29, 2016	Update On The Hasbrouck Gold Project
Dec 31, 2015	Private Placement Non Brokered
Dec 31, 2015	Closes A Non Brokered Private Placement For $700,000
Nov 27, 2015	Obtains Federal Permit To Construct And Operate Three Hills Mine
Jul 17, 2015	Updates Prefeasibility Optimizing For Reduced Total Funding;
Jun 23, 2015	Update On Hasbrouck Project
Jun 16, 2015	Sun Valley Gold Llc: Acquisition Of Control And Direction Over Common Shares Of West Kirkland Mining Inc.
Jun 3, 2015	Resume Trading
Jun 3, 2015	Halt
Jun 3, 2015	Hasbrouck Prefeasibility Results Us$75.3 Million After tax Npv,
May 15, 2015	Removed from BCSC Delinquent Filer List - 2015/05/13 OT Filings
May 15, 2015	BCSC Delinquent Filer 2 Days; Resourse Disclosure
May 8, 2015	Three Hills Mine To Be Permitted Under Environmental Assessment
Mar 9, 2015	Project Update Highlights Increased Gold Recovery For Hasbrouck Deposit
Feb 24, 2015	Sun Valley Gold LLC: Adjustment of Ownership Mix In West Kirkland Mining Inc.
Jan 27, 2015	Intercepts 16.8 Meters Of 1.24 Grams Per Tonne Gold At Three Hills
Dec 3, 2014	Achieves 81% Gold Recovery On Run of mine Bulk Sample Column Heap Leach Test
Nov 25, 2014	Submits Mine Plan Of Operations For Three Hills Mine Seven Months After Acquistion Of Hasbrouck Project
Nov 17, 2014	Cuts 39.6 Meters Of 1.36 Grams Per Tonne Gold East Of Current Resource At Three Hills
Oct 22, 2014	Continues Exploration Drilling At Hasbrouck Project After Initial Results Show Potential For Resource Expansion
Sep 29, 2014	Eastfield Resources Enters Lease/Purchase Agreement with West Kirkland Mining Ltd.
Sep 9, 2014	Cuts 50.29 Meters Of 0.73 Grams Per Tonne Gold At Three Hills, Discovers Additional Near Surface Gold On Hasbrouck
Jun 25, 2014	Grant Of Incentive Stock Options
Jun 19, 2014	Control And Direction Over Common Shares Of West Kirkland Mining Inc.
Jun 12, 2014	Fast tracks Bulk Sample To Confirm Run of mine Recovery
Jun 3, 2014	Commences Exploration And Prefeasibility Study For Hasbrouck Project, Nevada
May 12, 2014	Prospectus Share Offering, Private Placement Non Brokered, New Listing Warrants, Amendment
May 8, 2014	Closes Additional Over allotment Option
May 2, 2014	Closes $3.4 Million In Second Tranche Of Non brokered Financing
Apr 23, 2014	Property Asset or Share Purchase Agreement
Apr 23, 2014	West Kirkland Completes Acquisition Of Hasbrouck And Three Hills Properties From Allied Nevada
Apr 23, 2014	Sun Valley Gold Llc: Control And Direction Over Units Of West Kirkland Mining Inc.
Apr 23, 2014	Liberty Metals & Mining Holdings, LLC Acquires Shares Of West Kirkland Mining Inc.
Apr 21, 2014	Prospectus Share Offering, Private Placement Non Brokered, New Listing Warrants
Apr 17, 2014	Closes $29.2 Million In First Tranche Of Financings
Apr 9, 2014	Proceeds With Previously Announced Offering Of Units As Combined Prospectus Offering And Private Placement
Mar 11, 2014	$30.0 Million Best Efforts Offering Of Units
Feb 24, 2014	Increased And Upgraded Resources At Hasbrouck And Three Hills Properties, Nevada
Jan 31, 2014	Closes Non Brokered Private Placement
Jan 31, 2014	Private Placement Non Brokered
Jan 29, 2014	Closes First Tranche Of Non brokered Private Placement
Jan 27, 2014	West Kirkland Signs Letter Agreement With Allied Nevada To Acquire Hasbrouck And Three Hills Properties In Nevada, Announces Related Financings
Nov 4, 2013	Property Asset or Share Purchase Amending Agreement
Oct 28, 2013	West Kirkland Extends Agreement With Rubicon Minerals
Sep 30, 2013	Files TUG Resource And Preliminary Economic Assessment On SEDAR