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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc

Original source: https://money.tmx.com/en/quote/WVM/news/4573286235985421/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go

Publisher: tmx

Original announcement: 2023-01-23T13:30:00.000Z

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, Metallurgy

- Extracted: 2026-08-24 19:00:00 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: High IRR

- Positive factor: Construction-ready

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Good gold recovery

- Positive factor: Significant contained metal

- Negative factor: Resource/reserve estimates largely unchanged from 2016

Facts used in scoring: 25

## Classification and evidence

**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 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 Compliant**

Polarity: positive

Definition: 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-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;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 Update**

Polarity: neutral

Definition: 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 Reserve**

Polarity: positive

Definition: 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 Reserve**

Polarity: positive

Definition: 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 Resource**

Polarity: positive

Definition: 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 Resource**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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 Route**

Polarity: neutral

Definition: 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 Recovery**

Polarity: positive

Definition: 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 Tested**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-0)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Measured Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.019

Context: 6,987

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-1)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Measured Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.39

Context: 6,987

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-2)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Indicated Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.015

Context: 35,041

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-3)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Indicated Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.27

Context: 35,041

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-4)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Indicated Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.015

Context: 42,028

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-5)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Indicated Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.29

Context: 42,028

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-6)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.011

Context: 5,161

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-7)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.19

Context: 5,161

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-8)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Indicated Resource

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.018

Context: 10,423

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-9)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.017

Context: 1,008

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-10)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.018

Context: 9,653

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-11)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.018

Context: 9,653

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-12)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Proven Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.021

Context: 6,130

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-13)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Proven Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.417

Context: 6,130

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-14)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.016

Context: 28,239

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-15)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.281

Context: 28,239

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-16)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.017

Context: 34,370

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-17)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.306

Context: 34,370

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-18)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Proven Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.021

Context: 6,130

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-19)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Proven Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.417

Context: 6,130

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-20)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.017

Context: 37,893

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-21)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.210

Context: 37,893

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-22)

Hasbrouck Gold Project · gold

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.017

Context: 44,023

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-23)

Hasbrouck Gold Project · silver

#### 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 factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Probable Reserve

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.239

Context: 44,023

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/west-vault-mining-announces-51-irr-pre-feasibility-study-update-for-hasbrouck-go--3b486c83-8244-4287-bae2-b322d35bf5dc#fact-resource-facts-24)

Hasbrouck Gold Project · gold

#### 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 factor: High Recovery

- Positive factor: Heap Leach Route

- Positive factor: QP/CP Signed

- Positive factor: 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.
