West High Yield (w.h.y.) Resources Ltd. · TSXV:WHY
West High Yield (w.h.y.) Resources — Investor Presentation (October 2023)
22 slides from West High Yield (w.h.y.) Resources's investor presentation, October 2023
Slide 1: Company Presentation: CO2 Neutral High Purity MgO and Silica Opportunity
COMPANY CO2 NEUTRAL HIGH PURITY MGO PRESENTATION AND SILICA OPPORTUNITY IN BRITISH COLUMBIA MGO PLANT TSX: WHY.V WWW.WHYRESOURCES.COM WHY.V | October, 2023 1
Slide 2: Disclaimer
DISCLAIMER Disclaimer and Forward-Looking Statement No stock exchange, securities anticipated in such statements. Important factors that could commission or other regulatory authority has approved or disapproved the cause actual results to differ materially from the Company expectations include, inf
Slide 3: WHY's MgO Plant
WHY’S MGO PLANT ADVANCED PROJECT WITH ROBUST PFS GREEN PREPRIATORY PROCESS MULTIPLE CRITICAL AND STRATEGIC MINERAL PRODUCTS EXCEPTIONAL MARKET POTENTIAL STRONG MANAGEMENT AND BOARD WHY.V | October, 2023 3
Slide 4: High Purity MgO Plant
HIGH PURITY MGO PLANT A Unique Strategic & Critical Minerals Investment Opportunity • Advanced-stage green MgO Plant project with multiple critical and strategic mineral products Advanced • Expected feasibility study in 2024 Project • High purity (over 99%) MgO and Mg(OH)2 products with Ni, Fe and S
Slide 5: Strong Partnerships
WHY’S MGO PLANT Strong Partnerships ITALIMPIANTI WHY.V | October, 2023 5
Slide 6: PFS Highlights
PFS HIGHLIGHTS Robust MgO Plant Project Economics PFS Highlights Based ON HCl Leaching Process of the MgO Plant1,2 Product >99% MgO >98% MgO Mg Ingot Unit US$ US$ US$ Product Price $2,200 $1,500 $6,000 NPV 5% Pre-tax $ Million $1,417 $994 $1,636 IRR Pre Tax % 73.5 80 53 NPV 5% Post Tax $ Million $1,
Slide 7: PFS Highlights: NPV Sensitivity
PFS HIGHLIGHTS Robust MgO Plant Project Economics-2 NPV Sensitivity based on MgO product price, CAPEX, and OPEX1 1,520.00 1,298 1,320.00 1,156 1,120.00 978 1,014 943 907 872 NPV @ 5% 920.00 836 801 730 765 897 889 880 872 863 720.00 587 855 847 520.00 445 320.00 120.00 -30% -20% -10% Base 10% 20% 30
Slide 8: RR Ore Processing: HCl Leaching Process
RR ORE PROCESSING HCl Leaching Process • Developed at KPM lab facility (Kingston, Ontario) • Proprietary hydrometallurgical process • High purity (over 99% purity) MgO or Mg(OH)2 products and 94.85% recoveries • Marketable by-products (Nickel, Silica, Fe) • Closed-loop with acid regeneration • Low e
Slide 9: MgO Project Timeline
MGO PROJECT TIMELINE Advanced stage development First stage laboratory testing Second stage laboratory testing WHY engaged KPM with The company will initiate pilot conducted at KPM in at KPM validated designed support from Tenova/KON to plant testing, which will be collaboration with Tenova and flow
Slide 10: Key Performance Metrics
KEY PERFORMANCE METRICS Favorable Economics and Environmental Impacts • High purity >99% MgO/Mg(OH)2 products and high recoveries • High purity >99% Silica Product with additional iron and nickel by-products • Favorable economics (OPEX and CAPEX)1 • Low environmental impacts • Low water • Acid regen
Slide 11: Magnesium Use
MAGNESIUM USE 100’s of applications in a variety of industries ENERGY STORAGE WALL BOARDS Supersedes Lithium Fire and water resistant PHARMACEUTICAL AUTOMOTIVE MG CEMENT Vital to human health Light weight and strength More strength and durability AGRICULTURAL AEROSPACE Vital to plant growth Weight a
Slide 12: Magnesium Advantage
MAGNESIUM ADVANTAGE Wide use of Magnesium makes it one of the US strategic minerals AUTOMOTIVE METALLURGY AEROSPACE AND BATTERIES AGRICULTURE AND HEALTH • Vehicle manufacturers are • Lightweight properties of • Magnesium (in the form of making lighter cars for more • Use of high purity MgO in magnes
Slide 13: Magnesium Market: Market Forces
MAGNESIUM MARKET MARKET FORCES • Magnesium is considered as one of the 35 strategic/critical minerals for the US economic and national security with an Executive order to stockpile. • US has announced the Energy Resource Governance Initiative (ERGI) in 2019 to support initiatives with member countri
Slide 14: Magnesium Market: Market Validation
MAGNESIUM MARKET MARKET VALIDATION Current global annual market for all Mg products exceeds 29M tonnes. Focus is on the following industries including government and military: • Pharmaceutical Companies • Magnesium Ingot Bar Suppliers • Potential EV Battery Companies (currently under R&D) • Fertiliz
Slide 15: Market Plan: Path to Market
MARKET PLAN Path to Market • Pilot Plant • Demonstrate the process at 10kg/hr generating MgO and Silica output using Integrated flow sheet • Generate samples of products for evaluation • Providing input for a Feasibility Study of the commercial plant • Commercial Plant • Joint Venture/EPCM and off T
Slide 16: Work Plan
WORK PLAN SHORT TERM • Budget of US$25 M • Pilot plant (8-10 weeks) LONG TERM • Budget of $500K with potential 50% Government funding • Budget of US$250 M • Site development and mining (3-6 • Commercialization (18-24 months) months) • Budget of $18 million for access • Feasibility Study of the comme
Slide 17: First Commercial Plant
FIRST COMMERCIAL PLANT Operating Costs1,2 US$/t MgO ITEM Product Total Operating Costs <360 Capital Costs1,2 US$ Total Capital Costs 250M 1. Pre-feasibility Study not 43-101 compliant for the MgO Plant (2022) by KPM/Bumigeme 2. Based on 250,000 tpa throughput WHY.V | October, 2023 17
Slide 18: Project Schedule
PROJECT SCHEDULE Short and Long Terms WHY.V | October, 2023 18
Slide 19: Production Outlook
PRODUCTION OUTLOOK Mg Industry Product Verticals • The company will specialize in the mining and production of high purity MgO product • The company will JV/Partner with other parties/end users to develop multi Mg industry verticals 3. Wallboard Plant III 1. Magnesium Oxide I 4. Cement Plant IV 2. M
Slide 20: Corporate Profile
CORPORATE PROFILE TSXV: WHY Venture Exchange Listing SHARES OUTSTANDING 87.0M TSX: WHY 52 Week Low - High FULLY DILUTED 98.5M $0.22 - $0.55 INSIDER OWNERSHIP MARKET CAPITALIZATION 28% $25.2M DEBT $4.3M WHY.V | October, 2023 20
Slide 21: Our Professional Team
OUR PROFESSIONAL TEAM FRANK MARASCO PAT NELSON MARIA MARASCO BARRY BAIM FOUAD KAMALEDDINE CEO, DIRECTOR DIRECTOR DIRECTOR DIRECTOR PHD, P.ENG, ADVISOR Frank Marasco is also President and Ms. Nelson was the Vice Chair and Mrs. Marasco is an Mr. Baim brings over 35 years Dr. Kamaleddine is the founder
Slide 22: Contact Us
CONTACT US West High Yield (W.H.Y.) Resources Ltd TSXV: WHY Frank Marasco, President and CEO Email: frank@whyresources.com Office: (403) 660 3488 Fax: (403) 206 7113 PO Box 68121 Calgary, Alberta T3G 3N8 www.whyresources.com WHY.V | October, 2023 22
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