West Vault Mining Announces 51% IRR Pre-Feasibility Study Update for Hasbrouck Gold Project

Original announcement by tmx on

Company
West Vault Mining Inc.
Ticker
WVM
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Resource update, Metallurgy
Extracted
2026-08-24 19:00:00 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

West Vault Mining announced an updated Pre-Feasibility Study for its Hasbrouck Gold Project, confirming robust economics with a 51% after-tax IRR and a NPV(5%) of US$206 million. The project, located in Nevada, is construction-ready and features proven and probable reserves totaling 44.0 million tons containing 753,000 ounces of gold and 10.5 million ounces of silver. Metallurgical test work indicates a 75% average heap-leach gold recovery.

Reasoning: The updated Pre-Feasibility Study confirms robust project economics with a high IRR of 51% and a NPV(5%) of US$206 million, building on a construction-ready project with significant gold and silver reserves. While the underlying resource and reserve estimates are largely unchanged from the 2016 PFS, the updated economic parameters provide a positive re-evaluation.

Positive factors

  • High IRR
  • Construction-ready
  • NI 43-101 Compliant
  • QP/CP Signed
  • Good gold recovery
  • Significant contained metal

Negative factors

  • Resource/reserve estimates largely unchanged from 2016

Facts used in scoring: 25

Atlas analysis — West Vault Mining Inc.: West Vault Mining Announces 51% IRR Pre-Feasibility Study Update for Hasbrouck Gold Project. measured 6987000 tonnes; indicated 35041000 tonnes; inferred 5161000 tonnes

Classification and evidence

QP/CP Signedpositive

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 Technical Report was prepared by Qualified Persons and Expert Relied Upon under NI 43-101, including Thomas L. Dyer, Jeff Bickel, Mark Jorgensen, Ryan Baker, and Carl Defilippi, who reviewed and approved the information.

Evidence · text

“Each person is either a "Qualified Person" or an "Expert Relied Upon" under NI 43-101 and has reviewed and approved the information in this news release relevant to the portion of the Technical Report for which they are responsible.”

NI 43-101 Compliantpositive

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

Why it applies: The Technical Report was prepared in conformance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Evidence · text

“The Technical Report was authored by RESPEC and was prepared in conformance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (" NI 43-101 ").”

PFS-Supportingneutral

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

Why it applies: The document announces the results of an updated Pre-Feasibility Study for the Hasbrouck Gold Project.

Evidence · text

“West Vault Mining Announces 51% IRR Pre-Feasibility Study Update for Hasbrouck Gold Project”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The Technical Report updates a September 2016 Pre-feasibility Study, including updated Mineral Resource and Mineral Reserve Statements.

Evidence · text

“The Technical Report updates a September 2016 Pre-feasibility Study (" 2016 PFS ")”

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports Proven Mineral Reserves for both the Hasbrouck Mine and the total project.

Evidence · table

“Proven”

Context: 6,130

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports Probable Mineral Reserves for the Three Hills Mine, Hasbrouck Mine, and the total project.

Evidence · table

“Probable”

Context: 9,653

Measured Resourcepositive

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

Why it applies: The Hasbrouck Deposit Mineral Resources include a Measured category.

Evidence · table

“Measured”

Context: 6,987

Indicated Resourcepositive

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

Why it applies: Both Hasbrouck and Three Hills Deposits report Indicated Mineral Resources.

Evidence · table

“Indicated”

Context: 35,041

Inferred Resourcenegative

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

Why it applies: Both Hasbrouck and Three Hills Deposits include Inferred Mineral Resources, which are considered speculative.

Evidence · table

“Inferred”

Context: 5,161

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The metallurgical section explicitly states '75% average heap-leach gold recovery'.

Evidence · table

“75% average heap-leach gold recovery”

Context: Metallurgy

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: An average heap-leach gold recovery of 75% is considered strong for this processing route.

Evidence · table

“75% average heap-leach gold recovery”

Context: Metallurgy

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: The project's geology is described as 'well-understood' with '+600 boreholes' and '13 test programs', implying comprehensive domain coverage.

Evidence · table

“well-understood, +600 boreholes, all-oxide”

Context: Geology

Cut-off Disclosedpositive

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

Why it applies: Cut-off grades are disclosed for both mineral resources (e.g., 0.007oz AuEq/ton) and reserves (e.g., 0.005 oz Au/ton or $5.17/ton GMV).

Evidence · text

“0.007oz AuEq/ton Cutoff”

Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

Resource Estimates (25)

measuredHasbrouck Gold Project · goldTonnes: 6987000Grade: 0.019Grade Unit: oz/tonContained Metal: 134000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
measured
Tonnes
6987000
Grade
0.019
Grade Unit
oz/ton
Contained Metal
134000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Measured resource for gold at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Measured Resource
  • Cut-off Disclosed

Evidence · table

“0.019”

Context: 6,987

measuredHasbrouck Gold Project · silverTonnes: 6987000Grade: 0.39Grade Unit: oz/tonContained Metal: 2752000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
measured
Tonnes
6987000
Grade
0.39
Grade Unit
oz/ton
Contained Metal
2752000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Measured resource for silver at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Measured Resource
  • Cut-off Disclosed

Evidence · table

“0.39”

Context: 6,987

indicatedHasbrouck Gold Project · goldTonnes: 35041000Grade: 0.015Grade Unit: oz/tonContained Metal: 516000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
indicated
Tonnes
35041000
Grade
0.015
Grade Unit
oz/ton
Contained Metal
516000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Indicated resource for gold at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Indicated Resource
  • Cut-off Disclosed

Evidence · table

“0.015”

Context: 35,041

indicatedHasbrouck Gold Project · silverTonnes: 35041000Grade: 0.27Grade Unit: oz/tonContained Metal: 9404000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
indicated
Tonnes
35041000
Grade
0.27
Grade Unit
oz/ton
Contained Metal
9404000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Indicated resource for silver at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Indicated Resource
  • Cut-off Disclosed

Evidence · table

“0.27”

Context: 35,041

indicatedHasbrouck Gold Project · goldTonnes: 42028000Grade: 0.015Grade Unit: oz/tonContained Metal: 651000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
indicated
Tonnes
42028000
Grade
0.015
Grade Unit
oz/ton
Contained Metal
651000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Measured and Indicated resource for gold at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Indicated Resource
  • Cut-off Disclosed

Evidence · table

“0.015”

Context: 42,028

indicatedHasbrouck Gold Project · silverTonnes: 42028000Grade: 0.29Grade Unit: oz/tonContained Metal: 12156000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
indicated
Tonnes
42028000
Grade
0.29
Grade Unit
oz/ton
Contained Metal
12156000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Measured and Indicated resource for silver at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Indicated Resource
  • Cut-off Disclosed

Evidence · table

“0.29”

Context: 42,028

inferredHasbrouck Gold Project · goldTonnes: 5161000Grade: 0.011Grade Unit: oz/tonContained Metal: 56000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
inferred
Tonnes
5161000
Grade
0.011
Grade Unit
oz/ton
Contained Metal
56000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Inferred resource for gold at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Cut-off Disclosed

Negative factors

  • Inferred Resource

Evidence · table

“0.011”

Context: 5,161

inferredHasbrouck Gold Project · silverTonnes: 5161000Grade: 0.19Grade Unit: oz/tonContained Metal: 986000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
inferred
Tonnes
5161000
Grade
0.19
Grade Unit
oz/ton
Contained Metal
986000
Contained Unit
oz
Cutoff Grade
0.007

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Inferred resource for silver at Hasbrouck Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Cut-off Disclosed

Negative factors

  • Inferred Resource

Evidence · table

“0.19”

Context: 5,161

indicatedHasbrouck Gold Project · goldTonnes: 10423000Grade: 0.018Grade Unit: oz/tonContained Metal: 185000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
indicated
Tonnes
10423000
Grade
0.018
Grade Unit
oz/ton
Contained Metal
185000
Contained Unit
oz
Cutoff Grade
0.005

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Indicated resource for gold at Three Hills Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Indicated Resource
  • Cut-off Disclosed

Evidence · table

“0.018”

Context: 10,423

inferredHasbrouck Gold Project · goldTonnes: 1008000Grade: 0.017Grade Unit: oz/tonContained Metal: 17000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
inferred
Tonnes
1008000
Grade
0.017
Grade Unit
oz/ton
Contained Metal
17000
Contained Unit
oz
Cutoff Grade
0.005

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Inferred resource for gold at Three Hills Deposit, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Cut-off Disclosed

Negative factors

  • Inferred Resource

Evidence · table

“0.017”

Context: 1,008

probableHasbrouck Gold Project · goldTonnes: 9653000Grade: 0.018Grade Unit: oz/tonContained Metal: 175000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
9653000
Grade
0.018
Grade Unit
oz/ton
Contained Metal
175000
Contained Unit
oz
Cutoff Grade
0.005

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Probable reserve for gold at Three Hills Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.018”

Context: 9,653

probableHasbrouck Gold Project · goldTonnes: 9653000Grade: 0.018Grade Unit: oz/tonContained Metal: 175000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
9653000
Grade
0.018
Grade Unit
oz/ton
Contained Metal
175000
Contained Unit
oz
Cutoff Grade
0.005

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Proven and Probable reserve for gold at Three Hills Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.018”

Context: 9,653

provenHasbrouck Gold Project · goldTonnes: 6130000Grade: 0.021Grade Unit: oz/tonContained Metal: 126000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
proven
Tonnes
6130000
Grade
0.021
Grade Unit
oz/ton
Contained Metal
126000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Proven reserve for gold at Hasbrouck Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Proven Reserve
  • Cut-off Disclosed

Evidence · table

“0.021”

Context: 6,130

provenHasbrouck Gold Project · silverTonnes: 6130000Grade: 0.417Grade Unit: oz/tonContained Metal: 2558000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
proven
Tonnes
6130000
Grade
0.417
Grade Unit
oz/ton
Contained Metal
2558000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Proven reserve for silver at Hasbrouck Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Proven Reserve
  • Cut-off Disclosed

Evidence · table

“0.417”

Context: 6,130

probableHasbrouck Gold Project · goldTonnes: 28239000Grade: 0.016Grade Unit: oz/tonContained Metal: 452000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
28239000
Grade
0.016
Grade Unit
oz/ton
Contained Metal
452000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Probable reserve for gold at Hasbrouck Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.016”

Context: 28,239

probableHasbrouck Gold Project · silverTonnes: 28239000Grade: 0.281Grade Unit: oz/tonContained Metal: 7946000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
28239000
Grade
0.281
Grade Unit
oz/ton
Contained Metal
7946000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Probable reserve for silver at Hasbrouck Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.281”

Context: 28,239

probableHasbrouck Gold Project · goldTonnes: 34370000Grade: 0.017Grade Unit: oz/tonContained Metal: 578000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
34370000
Grade
0.017
Grade Unit
oz/ton
Contained Metal
578000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Proven and Probable reserve for gold at Hasbrouck Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.017”

Context: 34,370

probableHasbrouck Gold Project · silverTonnes: 34370000Grade: 0.306Grade Unit: oz/tonContained Metal: 10504000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
34370000
Grade
0.306
Grade Unit
oz/ton
Contained Metal
10504000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Proven and Probable reserve for silver at Hasbrouck Mine, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.306”

Context: 34,370

provenHasbrouck Gold Project · goldTonnes: 6130000Grade: 0.021Grade Unit: oz/tonContained Metal: 126000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
proven
Tonnes
6130000
Grade
0.021
Grade Unit
oz/ton
Contained Metal
126000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Proven reserve for gold for the total Hasbrouck Gold Project, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Proven Reserve
  • Cut-off Disclosed

Evidence · table

“0.021”

Context: 6,130

provenHasbrouck Gold Project · silverTonnes: 6130000Grade: 0.417Grade Unit: oz/tonContained Metal: 2558000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
proven
Tonnes
6130000
Grade
0.417
Grade Unit
oz/ton
Contained Metal
2558000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Proven reserve for silver for the total Hasbrouck Gold Project, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Proven Reserve
  • Cut-off Disclosed

Evidence · table

“0.417”

Context: 6,130

probableHasbrouck Gold Project · goldTonnes: 37893000Grade: 0.017Grade Unit: oz/tonContained Metal: 627000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
37893000
Grade
0.017
Grade Unit
oz/ton
Contained Metal
627000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Probable reserve for gold for the total Hasbrouck Gold Project, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.017”

Context: 37,893

probableHasbrouck Gold Project · silverTonnes: 37893000Grade: 0.21Grade Unit: oz/tonContained Metal: 7946000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
37893000
Grade
0.21
Grade Unit
oz/ton
Contained Metal
7946000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Probable reserve for silver for the total Hasbrouck Gold Project, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.210”

Context: 37,893

probableHasbrouck Gold Project · goldTonnes: 44023000Grade: 0.017Grade Unit: oz/tonContained Metal: 753000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
44023000
Grade
0.017
Grade Unit
oz/ton
Contained Metal
753000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Proven and Probable reserve for gold for the total Hasbrouck Gold Project, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.017”

Context: 44,023

probableHasbrouck Gold Project · silverTonnes: 44023000Grade: 0.239Grade Unit: oz/tonContained Metal: 10504000Contained Unit: ozView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Resource Data

Category
probable
Tonnes
44023000
Grade
0.239
Grade Unit
oz/ton
Contained Metal
10504000
Contained Unit
oz
Cutoff Grade
5.17

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: Combined Proven and Probable reserve for silver for the total Hasbrouck Gold Project, part of an updated PFS, but the estimate itself is largely unchanged from the 2016 PFS, leading to low novelty for the numbers.

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Probable Reserve
  • Cut-off Disclosed

Evidence · table

“0.239”

Context: 44,023

Fact 25Hasbrouck Gold Project · goldView all details
Link to this fact

Identity

Project
Hasbrouck Gold Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
WVM

Review

Needs Review
No
Historical
No

Dates

Event date
2023-01-23T00:00:00.000Z

Reasoning: 75% average heap-leach gold recovery is strong for this processing route, supported by 13 test programs and QP sign-off, contributing positively to project economics.

Positive factors

  • High Recovery
  • Heap Leach Route
  • QP/CP Signed
  • Multi-Domain Tested

Evidence · table

“75% average heap-leach gold recovery”

Context: Metallurgy

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.