West Vault Mining Inc. owns 100% of the fully permitted Hasbrouck Gold Project in Nevada, offering immediate construction readiness in a world-class jurisdiction. The project demonstrates compelling economics, including a 51% after-tax internal rate of return and US$206 million net present value at $1,790 gold prices, based on a 2023 Pre-feasibility Study. This financial foundation positions the company to capitalize on favorable gold market conditions while maintaining disciplined development strategies.
The project contains a Proven and Probable Mineral Reserve of 753,000 ounces in 44.02 million tons at a grade of 0.017 ounces per ton. The company maintains a large land package with multiple exploration targets, providing additional growth potential beyond the current reserve base. This resource base, combined with full permitting status, creates a foundation for potential development without the regulatory delays that often hinder mining projects in other jurisdictions.
With an efficient corporate structure and an annual burn rate of approximately US$1 million, West Vault can maintain low-cost optionality while preserving shareholder value. Management and insiders hold significant equity positions, aligning their interests closely with shareholders and long-term value creation objectives. This alignment ensures that corporate decisions prioritize sustainable growth rather than short-term gains.
The company is strategically positioned to benefit from potential gold bull cycles, with zero near-term construction risk and full exposure to price upside. West Vault Mining follows a disciplined model of acquiring, advancing, and holding high-quality gold projects in premier jurisdictions, focusing on controlling dilution and timing development decisions to optimize shareholder returns throughout commodity cycles. This approach emphasizes maximizing shareholder value through low-risk, cash-conservative strategies that position it favorably for market opportunities.
Since its formation following the successful C$424 million sale of West Timmins Mining in 2009, West Vault has maintained focus on opportunities in North America's most prolific gold-bearing regions. This consistent strategy has enabled the company to advance its flagship asset while maintaining financial discipline. Additional information about the company is available through its corporate communications at https://www.MiningNewsWire.com. The combination of full project permitting, established mineral reserves, and strategic positioning in Nevada creates a compelling investment opportunity in the gold development sector.
