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west kirkland mining inc (WKM) Details

West Kirkland Mining Inc. acquires, explores, and develops mineral resource properties in Canada and Nevada. The company primarily explores for gold properties. It holds properties covering 1,200 square kilometers in Nevada and Ontario. The company’s projects are located in the Carlin, Battle Mountain, and Long Canyon trends in northern Nevada and Utah, as well as in the Cadillac-Larder Lake Break of Ontario and Quebec. West Kirkland Mining Inc. is headquartered in Vancouver, Canada.

west kirkland mining inc (WKM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer, Corporate Secretary ...
Total Annual Compensation: --
Chief Operating Officer
Total Annual Compensation: C$160.3K
Vice President of Exploration
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2013.

west kirkland mining inc (WKM) Key Developments

West Kirkland Commences Exploration and Prefeasibility Study for Hasbrouck Project, Nevada

West Kirkland Mining Inc. announced that it has completed a thorough project plan on its recently acquired Hasbrouck and Three Hills properties and will immediately start exploration and initiate a prefeasibility study. West Kirkland recently raised $33.1 million in related financings and acquired a 75% interest in the Hasbrouck Project for a purchase price of $20 million. Following the announcement of the Hasbrouck Project acquisition agreement in January, 2014, West Kirkland announced a mineral resource estimate increase of approximately 10%, which incorporated the results of subsequent drilling completed since the most recent mineral resource estimate disclosed in 2012 by the property vendor and the completion of a technical report dated February 21, 2014 titled "Technical Report for the Hasbrouck Project Esmeralda County, Nevada, USA, West Kirkland Mining Inc. The company intends to complete the Prefeasibility Study by first quarter of 2015 using a team of leading, Nevada-based consultants, including: Mine Development Associates - resources, mine design and report production; HC Osborne & Associates - metallurgy and process consultant; Kappes Cassiday & Associates - metallurgy and process design; NewFields - heap leach design and engineering; McClelland Labs - laboratory analyses and assays; N.A. Degerstrom - mine planning reviewer. Resource: The combined Hasbrouck and Three Hills deposits includes 1,279,900 gold equivalent (AuEq) ounces in the Measured and Indicated category (78.2 million tons at 0.012 opt Au and 0.232 opt Ag for 0.016 opt AuEq) and 761,000 ounces AuEq in the Inferred Category (69.9 million tons at 0.008 opt Au and 0.159 Ag for 0.011 opt AuEq) using a 0.005 opt AuEq cut-off. Exploration: Exploration drilling will be completed by reverse circulation methods and be focused primarily on areas immediately adjacent to the Three Hills and Hasbrouck deposits on specific mapped and modelled structures associated with the control of mineralization. Permitting: Pre-application meetings with the Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection (NDEP) have commenced the formal permitting process. Surveys required by the BLM include sensitive species and cultural resources and are currently being conducted. Rock characterization studies are required by NDEP for a Water Pollution Control Permit. Permitting work will initially focus on the Three Hills deposit which has a small footprint and short life of mine (approximately two years). These factors may result in a simpler and shorter permitting process.

West Kirkland Mining Inc. Auditor Raises 'Going Concern' Doubt

West Kirkland Mining Inc. filed its Annual on Apr 30, 2014 for the period ending Dec 31, 2013. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

West Kirkland Mining Inc. Announces a New Mineral Resource Estimate on the Project, Which Includes Both the Hasbrouck and Three Hills Deposits

West Kirkland Mining Inc. announced a new mineral resource estimate on the Project, which includes both the Hasbrouck and Three Hills deposits. Specifically, at Three Hills an additional 25 holes were used in the mineral resource calculation. At Three Hills the new estimate contains 8,504,000 measured and indicated tons grading 0.018 opt Au with 11,002,000 inferred tons grading 0.014 opt Au using a 0.005 opt Au cutoff. The previously announced estimate contained an indicated 5,736,000 tons 0.023 opt Au and 10,600 inferred tons grading 0.015 opt Au using a 0.01 opt Au cutoff. At Hasbrouck the updated resource contains 69,688,000 measured and indicated tons grading 0.012 opt Au and 0.260 opt Ag with 58,921,000 inferred tons grading 0.007 opt Au and 0.189 opt Ag using a 0.005 opt AuEq cutoff. The previously announced estimate contained 128,608,000 inferred tons grading 0.009 opt Au and 0.228 opt Ag using a 0.005 opt AuEq cutoff.


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