# West Vault Mining Files on Sedar a Hasbrouck Gold Project Pre-Feasibility Study Update with a 51% IRR

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4

Original source: https://money.tmx.com/en/quote/WVM/news/5626646073161325/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study-

Publisher: tmx

Original announcement: 2023-03-08T19:47:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: West Vault Mining Inc.

- Ticker: WVM

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Economic study

- Extracted: 2026-09-17 07:09:26 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

West Vault Mining announced an updated Pre-Feasibility Study \(PFS\) for its Hasbrouck Gold Project in Nevada, reporting a robust 51% after-tax IRR and a $206 million NPV at a 5% discount rate. The study highlights a fast 2.9-year payback and an All-in Sustaining Cost of $877 per gold ounce, with the project being permitted and construction-ready. While the economic parameters show significant improvement over the 2016 PFS, the underlying Mineral Resource and Reserve estimates are noted as substantially unchanged.

Reasoning: West Vault Mining has released a highly positive updated Pre-Feasibility Study for its Hasbrouck Gold Project, showing a robust 51% after-tax IRR and a $206 million NPV, representing a significant improvement over the prior 2016 PFS. The project is permitted and construction-ready, indicating advanced de-risking. However, the lack of explicit price sensitivity disclosure reduces transparency.

- Positive factor: High IRR

- Positive factor: Fast Payback

- Positive factor: Significant NPV Increase

- Positive factor: Permitted Project

- Positive factor: Low Strip Ratio

- Positive factor: NI 43-101 Compliant

- Negative factor: No Price Sensitivity Disclosure

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 18

## Classification and evidence

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A current resource fact retains the disclosed cut-off grade

## Extracted facts

Stored fact records: 17. Some facts used in scoring do not have a stored record.

## Resource Estimates (17)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-1)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:4c64e680f3e2afba4973
- Deposit or zone: Hasbrouck Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 6987000
- Contained Metal: 134
- Contained Unit: koz au
- Cutoff Grade: 0.007
- Cutoff Unit: oz AuEq/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Measured Resource provides a high level of confidence for the Hasbrouck Deposit. While the category is strong, the overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Measured Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.019

Context: 6,987

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The resource is classified as Measured, representing the highest confidence category.

Evidence · table

> Measured

Context: 6,987

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-2)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:4c64e680f3e2afba4973
- Deposit or zone: Hasbrouck Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 6987000
- Contained Metal: 2752
- Contained Unit: koz ag
- Cutoff Grade: 0.007
- Cutoff Unit: oz AuEq/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Measured Resource provides a high level of confidence for the Hasbrouck Deposit. While the category is strong, the overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Measured Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.39

Context: 6,987

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The resource is classified as Measured, representing the highest confidence category.

Evidence · table

> Measured

Context: 6,987

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

#### Rejected tags

**NI 40-101 Compliant** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Reason: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-3)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:bae5c86b7f50d75ee1aa
- Deposit or zone: Hasbrouck Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 35041000
- Contained Metal: 516
- Contained Unit: koz au
- Cutoff Grade: 0.007
- Cutoff Unit: oz AuEq/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Indicated Resource provides a moderate level of confidence for the Hasbrouck Deposit. While the category is solid, the overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Indicated Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.015

Context: 35,041

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, providing reasonable geological confidence.

Evidence · table

> Indicated

Context: 35,041

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-4)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:bae5c86b7f50d75ee1aa
- Deposit or zone: Hasbrouck Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 35041000
- Contained Metal: 9404
- Contained Unit: koz ag
- Cutoff Grade: 0.007
- Cutoff Unit: oz AuEq/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Indicated Resource provides a moderate level of confidence for the Hasbrouck Deposit. While the category is solid, the overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Indicated Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.27

Context: 35,041

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, providing reasonable geological confidence.

Evidence · table

> Indicated

Context: 35,041

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-5)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:79aa7ad0345abc4091c7
- Deposit or zone: Hasbrouck Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 5161000
- Contained Metal: 56
- Contained Unit: koz au
- Cutoff Grade: 0.007
- Cutoff Unit: oz AuEq/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Inferred Resource represents a low confidence category, explicitly excluded from the mine plan, limiting its immediate economic contribution. The overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

Evidence · table

> 0.011

Context: 5,161

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is classified as Inferred, representing a speculative category with limited drilling.

Evidence · table

> Inferred

Context: 5,161

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-6)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:79aa7ad0345abc4091c7
- Deposit or zone: Hasbrouck Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 5161000
- Contained Metal: 986
- Contained Unit: koz ag
- Cutoff Grade: 0.007
- Cutoff Unit: oz AuEq/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Inferred Resource represents a low confidence category, explicitly excluded from the mine plan, limiting its immediate economic contribution. The overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

Evidence · table

> 0.19

Context: 5,161

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is classified as Inferred, representing a speculative category with limited drilling.

Evidence · table

> Inferred

Context: 5,161

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-7)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:02e2c218e17018220a77
- Deposit or zone: Three Hills Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 10423000
- Contained Metal: 185
- Contained Unit: koz au
- Cutoff Grade: 0.005
- Cutoff Unit: oz Au/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Indicated Resource provides a moderate level of confidence for the Three Hills Deposit. While the category is solid, the overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Indicated Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.018

Context: 10,423

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, providing reasonable geological confidence.

Evidence · table

> Indicated

Context: 10,423

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-8)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: resource
- Effective date: 2022-12-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Jeff Bickel
- Resource group id: resource:17b06daa14d6356097d0
- Deposit or zone: Three Hills Deposit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1008000
- Contained Metal: 17
- Contained Unit: koz au
- Cutoff Grade: 0.005
- Cutoff Unit: oz Au/ton

#### Prior Estimate

- Resource Date: 2022-12-15

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Inferred Resource represents a low confidence category, explicitly excluded from the mine plan, limiting its immediate economic contribution. The overall resource statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

Evidence · table

> 0.017

Context: 1,008

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is classified as Inferred, representing a speculative category with limited drilling.

Evidence · table

> Inferred

Context: 1,008

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate has been prepared in accordance with NI 43-101 standards.

Evidence · text

> All estimates of Mineral Resource have been prepared in accordance with NI 43-101 standards.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC.

Evidence · text

> The Mineral Resource has been prepared by Jeff Bickel, C.P.G of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-9)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:1d81a3704b84df8c770a
- Deposit or zone: Three Hills Mine
- Ownership percent: 100 %

#### Resource Data

- Category: probable
- Tonnes: 9653000
- Contained Metal: 175
- Contained Unit: koz au
- Cutoff Grade: 0.005
- Cutoff Unit: opt Au

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Probable Reserve provides a high level of confidence for the Three Hills Mine, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Probable Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.018

Context: 9,653

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Probable, indicating a high level of confidence for economic viability.

Evidence · table

> Probable

Context: 9,653

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-10)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:6a56affc029389d6e6cd
- Deposit or zone: Hasbrouck Mine
- Ownership percent: 100 %

#### Resource Data

- Category: proven
- Tonnes: 6130000
- Contained Metal: 126
- Contained Unit: koz au
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Proven Reserve provides the highest level of confidence for the Hasbrouck Mine, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Proven Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.021

Context: 6,130

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Proven, representing the highest confidence category for economic viability.

Evidence · table

> Proven

Context: 6,130

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-11)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:6a56affc029389d6e6cd
- Deposit or zone: Hasbrouck Mine
- Ownership percent: 100 %

#### Resource Data

- Category: proven
- Tonnes: 6130000
- Contained Metal: 2558
- Contained Unit: koz ag
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Proven Reserve provides the highest level of confidence for the Hasbrouck Mine, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Proven Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.417

Context: 6,130

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Proven, representing the highest confidence category for economic viability.

Evidence · table

> Proven

Context: 6,130

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-12)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:eefa171fc86b8f07132c
- Deposit or zone: Hasbrouck Mine
- Ownership percent: 100 %

#### Resource Data

- Category: probable
- Tonnes: 28239000
- Contained Metal: 452
- Contained Unit: koz au
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Probable Reserve provides a high level of confidence for the Hasbrouck Mine, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Probable Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.016

Context: 28,239

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Probable, indicating a high level of confidence for economic viability.

Evidence · table

> Probable

Context: 28,239

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-13)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:eefa171fc86b8f07132c
- Deposit or zone: Hasbrouck Mine
- Ownership percent: 100 %

#### Resource Data

- Category: probable
- Tonnes: 28239000
- Contained Metal: 7946
- Contained Unit: koz ag
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Probable Reserve provides a high level of confidence for the Hasbrouck Mine, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Probable Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.281

Context: 28,239

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Probable, indicating a high level of confidence for economic viability.

Evidence · table

> Probable

Context: 28,239

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-14)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:ad25e64d6ee1274a2efe
- Deposit or zone: Total Hasbrouck Gold Project
- Ownership percent: 100 %

#### Resource Data

- Category: proven
- Tonnes: 6130000
- Contained Metal: 126
- Contained Unit: koz au
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Proven Reserve provides the highest level of confidence for the Total Hasbrouck Gold Project, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Proven Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.021

Context: 6,130

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Proven, representing the highest confidence category for economic viability.

Evidence · table

> Proven

Context: 6,130

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-15)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:ad25e64d6ee1274a2efe
- Deposit or zone: Total Hasbrouck Gold Project
- Ownership percent: 100 %

#### Resource Data

- Category: proven
- Tonnes: 6130000
- Contained Metal: 2558
- Contained Unit: koz ag
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Proven Reserve provides the highest level of confidence for the Total Hasbrouck Gold Project, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Proven Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.417

Context: 6,130

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Proven, representing the highest confidence category for economic viability.

Evidence · table

> Proven

Context: 6,130

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-16)

Hasbrouck Gold Project · gold

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:15e2b1511bca4d7caee6
- Deposit or zone: Total Hasbrouck Gold Project
- Ownership percent: 100 %

#### Resource Data

- Category: probable
- Tonnes: 37893000
- Contained Metal: 627
- Contained Unit: koz au
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Probable Reserve provides a high level of confidence for the Total Hasbrouck Gold Project, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Probable Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.017

Context: 37,893

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Probable, indicating a high level of confidence for economic viability.

Evidence · table

> Probable

Context: 37,893

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/west-vault-mining-files-on-sedar-a-hasbrouck-gold-project-pre-feasibility-study--4caf42ba-53c4-4b2a-870e-99d956f24be4#fact-resource-facts-17)

Hasbrouck Gold Project · silver

#### Identity

- Project: Hasbrouck Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: WVM

#### Resource scope

- Estimate type: reserve
- Effective date: 2023-01-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Thomas L. Dyer
- Resource group id: resource:15e2b1511bca4d7caee6
- Deposit or zone: Total Hasbrouck Gold Project
- Ownership percent: 100 %

#### Resource Data

- Category: probable
- Tonnes: 37893000
- Contained Metal: 7946
- Contained Unit: koz ag
- Cutoff Grade: 5.17
- Cutoff Unit: $/ton GMV

#### Prior Estimate

- Resource Date: 2023-01-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-08T00:00:00.000Z

Reasoning: This Probable Reserve provides a high level of confidence for the Total Hasbrouck Gold Project, forming a key basis for the economic study. The overall reserve statement is noted as substantially unchanged from the prior PFS, leading to low novelty.

- Positive factor: Probable Reserve

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

Evidence · table

> 0.210

Context: 37,893

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The reserve is classified as Probable, indicating a high level of confidence for economic viability.

Evidence · table

> Probable

Context: 37,893

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Reserves have been prepared following CIM standards effective 17 January 2023, as required by NI 43-101.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC following CIM standards effective 17 January 2023.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC.

Evidence · text

> The estimation and classification of Proven and Probable Mineral Reserves have been prepared by Thomas L. Dyer, P.E., of RESPEC

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
