Business
West Kirkland Mining Update and Grant of Incentive Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 12, 2016) - West Kirkland Mining Inc. (TSX VENTURE:WKM) announces that the Company is continuing with value en
About this update from West Vault Mining Inc
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 12, 2016) - West Kirkland Mining Inc. (TSX VENTURE:WKM) announces that the Company is continuing with value engineering and preparation work for further permitting and construction at the Hasbrouck Gold Project located near Tonopah, Nevada. The final permits required for construction at phase one of the Hasbrouck Project, the Three Hills open pit and heap leach recovery mine, were received by the Company through a Decision Record issued by Bureau of Land Management on November 27, 2015. The Company is updating modelled project costs to reflect current contractor rates and oil prices and is actively investigating several opportunities for synergies with other similar scale projects or Nevada domiciled deposits and operations. The Company has granted an aggregate of 3.8 million stock options to directors, officers, employees and consultants of the Company. Each stock option entitles the holder to purchase one common share of the Company at a price of $0.10 per common share for a period of five years from the grant date. The last grant to officers and directors was June 2014. These stock options are governed by the Stock Option Plan of the Company and are subject to TSX Venture Exchange acceptance. About West Kirkland Mining Inc. West Kirkland owns a 75% interest in the Hasbrouck Gold deposit in Tonopah, Nevada. A completed Pre-feasibility Study and Environmental Assessment with construction level drawings for the Three Hills pit and heap leach recovery provide a shovel ready gold project. Disclaimer for Forward-Looking Information This press release contains forward-looking information or forward-looking statements (collectively \"forward-looking information\") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: \"believe\", \"expect\", \"anticipate\", \"intend\", \"estimate\", \"postulate\" and similar expressions, or are those, which, by their nature, refer to future events. Forward-looking information in this news release includes, without limitation, the statements regarding the use of proceeds, ability to achieve the recoveries and the processing capacity of the mines; regulatory processes and permitting; estimates of gold or other minerals grades; anticipated costs, anticipated sales, project economics, the r...