Canadian Mining Journal

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West Kirkland improves Hasbrouck’s economics



West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has added more shine to its 75%-held Hasbrouck project in southwestern Nevada, with an updated prefeasibility study (PFS) outlining lower start-up capital for a heap leach operation producing 74,000 gold-equivalent oz annually for nine years.

“It confirms the viability of the original study that was published last year. The key things to this project are the small amount of upfront capital and the low all-in sustaining costs to operate it. And the IRR [internal rate of return] is phenomenal versus most other gold projects. We have a very solid project,” Kris Begic, the company’s manager of investor relations, says.

The Hasbrouck project comprises the Three Hills and Hasbrouck oxidized gold deposits, sitting 8 km apart. West Kirkland plans to build and mine the deposits sequentially, starting with the fully permitted Three Hills.

Phase 1 production from Three Hills should occur for two years at 13,600 t/d, followed by Phase 2 production from Hasbrouck for seven years at 15,675 t/d.

Read the entire story at www.NorthernMiner.com/news/west-kirkland