- CEO
- Frank Marasco Jr.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- PO Box 68121 Calgary AB Canada T3G 3N8
- IPO Date
- Sep 18, 2008
- Business
- West High Yield (W.H.Y.) Resources Ltd. is a publicly traded Canadian junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties, with a primary objective to advance its Record Ridge critical mineral deposit containing magnesium, silica, nickel, and iron using green processing techniques to minimize waste and CO2 emissions. The company offers exploration and development services for high-grade magnesium deposits suitable for producing high-purity magnesium oxide (MgO) and magnesium hydroxide (Mg(OH)2) via hydrochloric acid leaching and pyrohydrolysis processes; gold exploration on the Midnight Gold Claim with high-grade vein-hosted intercepts up to 311 g/t Au; and potential nickel and iron mineralization within its ultramafic-hosted properties. It operates the flagship Record Ridge Magnesium Project, located 10 kilometers southwest of Rossland in southeastern British Columbia's historic Rossland mining camp, spanning 8,972 hectares across 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim where the company retains 100% mineral rights; additional projects include the Midnight Gold Claim and Gold Mine Rejects Project targeting critical minerals for green energy applications such as lightweight alloys, hydrogen storage, batteries, steel production, and environmental remediation. Founded in 2003 and headquartered in Calgary, Alberta, the company targets industrial sectors including automotive, aerospace, electronics, steel, agriculture, pharmaceuticals, and energy storage across North American and global markets. Recent developments include receiving the official Mines Act permit from the British Columbia Ministry of Mines and Critical Minerals on October 21, 2025, to construct and operate the Record Ridge Industrial Mineral Mine; signing a letter of intent in July 2024 with Osoyoos Indian Band Limited Partnership for mine construction and operation, alongside a prior 2023 cooperation agreement; completing multiple oversubscribed private placements in 2024 and 2025 including final closings in May 2025 and warrant exercises through September 2025; listing on the Frankfurt Stock Exchange in May 2024 under W0H; posting initial reclamation bonds and advancing pre-feasibility studies confirming 94.85% magnesium recovery; and strategic partnerships such as with SKA Solutions for Indigenous-led crushing, shipping, and trucking services.