West Mining Acquires 5 Additional Mineral Tenures for the Athabasca Property, BC
VANCOUVER, Aug. 11, 2021 - West Mining Corp. ("West" or the "Company") (CSE: WEST) (OTC: WESMF) is pleased to announce that it has now acquired 5 additional mineral tenures to add to its 100% owned Athabasca Property in southeastern British Columbia. The addition of these 5 tenures increases the listed size of the Athabasca Property to over 975 hectares*.
The Athabasca Property, containing the historic Athabasca Mine, represents the northern extension to West's larger Kena Project. The over 9000 hectare Kena Project, consists of the Kena, Daylight and Athabasca Properties, which trend for 20 kilometres along a favourable mineralized belt. A recent gold resource estimate for the Kena Project (NI 43-101 Technical Report, Bird, 2021) shows an indicated 561,000 ounces gold and an inferred 2.77 million ounces gold at a 0.25 g/t cutoff within an open ended portion of this robust system (see News Release dated May 11, 2021).
"The historic Athabasca Mine (BC Minfile 082FSW168), operated intermittently between 1899 and 1943, grading 30 g/t gold and 10 g/t silver with minor copper, lead and zinc values from 20,219 tonnes milled. The opportunity arose to consolidate and increase our tenures and judging on past numbers alone, it will be beneficial to the Company and our shareholders," commented Nicholas Houghton, President and CEO.
*This represents the official claim sizes as obtained from BC Mineral Titles Online, although the actual ground coverage is less due to claim overlaps.
Linda Dandy, P.Geo., a "Qualified Person" for the purpose of National Instrument 43-101, has reviewed and approved the contents of this news release.
About West Mining Corp.
West Mining Corp. is a mineral exploration company acquiring and developing prospective advanced early-stage exploration projects. It is fully focused on its 100% owned, 9000 hectare Kena Project located near Nelson, British Columbia. The Kena Project comprises three adjoining Properties: Kena, Daylight and Athabasca. A recent NI43-101 resource estimate for Kena gave 561,900 oz Au indicated and 2,773,100 oz Au inferred in the Gold Mountain, Kena Gold and Daylight Zones. The Kena Property also hosts the large Kena Copper Zone, along with with the historic Euphrates and Gold Cup gold-silver mines. The Daylight property contains the historic past producing Daylight, Starlight, Victoria, Irene and Great Eastern gold mines. Along trend to the north is the Athabasca Property, with the historic Athabasca Gold Mine. The historic mines and known mineralized zones on these three properties are structurally controlled along a 20 kilometre strike as identified by strong geophysical signatures.
For additional information, please refer to the Company's public disclosure record available on SEDAR at www.sedar.com.
West Mining Corp.
Nicholas Houghton
President & CEO
nick@westminingcorp.com
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to the Company, are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to them, and are subject to certain risks, uncertainties and assumptions, including, without limitation: the potential of the Company's mineral properties; the estimation of capital requirements; the estimation of operating costs; the timing and amount of future business expenditures; and the availability of necessary financing. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Such factors include but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; and exploration or operational difficulties. This list is not exhaustive of the factors that may affect forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward- looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.