West Vault Mining Inc. is pleased to announce the execution of a long term Water Right Lease Agreement to lease a water right from a nearby mining company, giving West Vault the right to extract and utilize sufficient ground water to support all planned operations at its 100% owned Hasbrouck Gold Project near Tonopah, Nevada. Upon the execution of the Agreement on January 10, 2023, the Company made an initial one-time [...]
West Vault Mining Inc. reports that it has purchased 254,500 shares at an average price of C$0.999 under an approved Normal Course Issuer Bid share buy-back program. The Company plans to continue the execution of this NCIB program up to a maximum of 5% of the issued stock in accordance with the terms and guidelines announced on April 5, 2022. The Company has a strong balance sheet and holds its treasury of approximately [...]
West Vault Mining Inc. is pleased to announce that Sandy McVey was confirmed as the CEO of WVM at the Company's recent AGM held on June 23, 2022. Mr. McVey had previously served as interim CEO since September 2021. WVM Chairman Peter Palmedo said, "Sandy was instrumental in identifying and acquiring the Hasbrouck Gold Project back in 2014. Since then, he has been the responsible person moving the project forward to its [...]
West Vault Mining Inc. is pleased to announce positive results from its Annual General Meeting held on June 23, 2022, in Vancouver, British Columbia. The Annual Meeting had a turnout of shareholders representing 74.37% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed. On a show of hands the shareholders elected management's four [...]
West Vault Mining Inc. announces the roll-out of the Arid Land Research Fund , a Nevada-based initiative to advance understanding of desertification. https://www.unr.edu/cabnr/arid-land-research-fund West Vault initiated the ALR Fund so mining companies in the US Southwest could participate in doing something important and meaningful for the global environment. The ALR Fund enables University of Nevada Reno's world-class [...]
West Vault Mining Inc. announces that the Company will commence a Normal Course Issuer Bid , to be transacted through the facilities of the TSX Venture Exchange , subject to TSXV approval. The Company may purchase up to 2,904,512 common shares, which represents approximately 5% of the 58,090,242 outstanding common shares of the Company . The NCIB will commence on about April 11, 2022, and terminate on the earlier of the [...]
West Vault Mining Inc. has completed a positive in-house study to reduce carbon dioxide emissions at the Hasbrouck Gold Project, Nevada. This study shows that CO2 emissions can be significantly reduced by: Using grid power instead of liquified natural gas-generated power as planned at the phase one mine ; Using primary electric mining equipment instead of diesel equipment at the phase two mine ; and Using electric power [...]
West Vault Mining Inc. is pleased to announce receipt of a federal permit which allows mineralized material to be mined at the Hill-of-Gold satellite deposit. Mineralized material from the Hill-of-Gold property is planned to be hauled 2.5 miles for processing at the fully-permitted Three Hills Mine, which is phase one of the Hasbrouck Gold Project, immediately followed by mining at the phase two Hasbrouck Mine. A [...]
West Vault Mining Inc. is pleased to provide an update on their Hasbrouck Gold Project located in South Nevada: Work to obtain permits for the recently acquired Hill of Gold deposit is on track for completion in Q4 2021 . This will allow mined material from Hill of Gold to be processed on the Three Hills heap leach pad. The Project's first pit, Three Hills Mine, is fully permitted and is now at 100% construction [...]
West Vault Mining Inc. announces that R. Michael Jones has resigned from the Board of Directors and as the Company's President and CEO, effective September 1, 2021. The Company wishes to thank Mr. Jones for his contributions to the Company over the years. The Company also announces the appointment of Sandy McVey as the Company's CEO on an interim basis. Mr. McVey will retain his role as the Company's COO. He joined the [...]
West Vault Mining Inc. is pleased to announce positive results from its Annual General and Special Meeting held on June 25, 2021, in Vancouver, British Columbia. The Annual Meeting had a turnout of shareholders representing 76.52% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed. The number of directors is fixed at four and on a [...]
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