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Last C$0.06 CAD
Change Today -0.005 / -8.33%
Volume 136.0K
As of 3:46 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

west kirkland mining inc (WKM) Snapshot

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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 Mining Inc. Auditor Raises 'Going Concern' Doubt

West Kirkland Mining Inc. filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. 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 the Ongoing Prefeasibility Study for the Hasbrouck and Three Hills Oxide

West Kirkland Mining Inc. announced that the ongoing prefeasibility study for the Hasbrouck and Three Hills oxide, at surface gold deposits is proceeding as planned. The project comprises 70.9 million tonnes (Mt) grading 0.56 grams per tonne (g/t) AuEq for 1.28 million gold equivalent ounces in the Measured and Indicated categories and 63.4 Mt grading 0.37 g/t AuEq for 0.76 million ounces in the Inferred category. West Kirkland holds a 75% interest in the Hasbrouck and Three Hills gold deposits and a large mineral rights position near Tonapah, Nevada. HPGR Improves Gold Recovery to 72.6% on Larger Deposit. As part of the prefeasibility work, the use of high pressure grinding roll (HPGR) technology in test work was successful at increasing gold recovery by heap leach methods at the larger Hasbrouck deposit. Gold recoveries at Hasbrouck increased from 60% using conventional crushing to an estimated overall 72.6% with HPGR. Silver recoveries remain unchanged at 11%. The current Measured and Indicated resource for the Hasbrouck deposit contains 811,000 ounces of gold and 18,149 ounces of silver (63.2 million tonnes at 0.41 g/t Au and 8.91 g/t silver). Run-of-Mine Recovery, 79% at the Initial Deposit. At the Three Hills deposit test work on run-of-mine material with no crushing predicts 79% gold recovery at production scale. The Three Hills deposit consists of 151,000 gold ounces (7.7 Mt at 0.62 g/t Au) within the current Measured and Indicated resource. The prefeasibility study and filed plan of operations with the Bureau of Land Management envisages an open pit heap leach operation, first at the Three Hills deposit and then at Hasbrouck. The results confirm that using HPGR for tertiary crushing at the Hasbrouck deposit will improve project economics. HPGR recoveries obtained in this test program and the capital required will be incorporated in the prefeasibility study to be published in early 2015.

West Kirkland Mining Inc. Announces Exploration Drilling Results at Hasbrouck and Three Hills, Near Tonopah, Nevada

West Kirkland Mining Inc. announced the results of its phase two exploration drilling program at Hasbrouck and Three Hills, two outcropping, all-oxide gold deposits located near Tonopah, Nevada. The exploration results indicate good potential for expansion, particularly of the Three Hills deposit. A prefeasibility study for the Hasbrouck Project, which encompasses both deposits, is on-plan and on-budget with results expected to be announced during the first quarter of 2015. Drilling of 610 meters in four holes at Three Hills was highlighted by hole TH14R-007 which intercepted 16.8 meters of 1.24 grams per tonne (g/t) gold (Au) starting from 106.7 meters down the hole. This intercept compares to a Three Hills deposit grade of 0.62 g/t Au in 7.7 million measured and indicated tonnes and 0.48 g/t Au in 10 million inferred tonnes at a 0.17 g/t Au cutoff grade. The gold intercept in TH14R-007 is located approximately 70 meters from the current conceptual open pit boundary. The targeted high grade gold structure has been traced by drilling approximately 300 meters to the east of the presently established resource. Previously disclosed Hole MW14-01 returned 39.6 meters grading 1.36 g/t Au starting 54.9 meters down the hole from the target structure. Other previously disclosed holes in this target area have returned significant results including 50.3 meters of 0.73 g/t Au and 66.0 meters grading 3.33 g/t Au. Recent holes TH14R-007 to TH14R-009 tested this high grade structure; hole TH14R-010 tested an additional structure 175 meters to the south. Drilling at the Hasbrouck deposit confirmed additional shallow gold mineralization on the northeast flank of the deposit. Three meters from surface, hole HSB14R-011 cut 7.6 meters of 0.55 g/t Au. The four recent holes totaling 365 meters were drilled on the underexplored northeast flank of Hasbrouck Peak where an additional zone of near surface mineralization has developed.


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