Mining Intelligence and News
Canada

Record Ridge Project

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Categories

Summary

Mine TypeOpen Pit
Study CompletedPrefeasibility
StagePermitting
Commodities
  • Magnesium
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotThe Record Ridge represents one of the more advanced critical mineral development opportunities in North America, containing magnesium, silica, nickel, and iron — key materials essential to clean energy technologies, advanced manufacturing, and the global energy transition.

On October 21, 2025, the British Columbia Ministry of Mines and Critical Minerals (MCM) has officially issued the Mines Act Permit authorizing the development and operation of the Record Ridge Industrial Mineral Mine.

Following Permit issuance, West High Yield and its technical consultants will complete post-permit environmental, safety and engineering compliance activities as required by the Ministry. Upon completion, the Company and Skemxist Solutions will commence site preparation and the construction of access roads and mine infrastructure to advance the Project development.
Latest NewsWest High Yield Resources Receives Green-Light Permit for Record Ridge Industrial Mineral Mine - Advancing Canada's Domestic Critical Mineral Refining     October 21, 2025

Owners

SourceSource
CompanyInterestOwnership
West High Yield Resources Ltd. 100 % Direct
The West High Yield Resources owns 100% of the mineral rights to the Record Ridge Property.

Contractors

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Deposit type

  • Magmatic

Summary:

The Record Ridge area is located within the Quesnel Terrain of the Intermontane Belt. It is comprised of a highly deformed Jurassic (180 Ma) age volcanic island arc-back arc basin complex intruded by Tertiary volcanic and plutonic rocks.

Mineralization containing economically significant concentrations of Mg is known to occur in the ultramafic rocks which have undergone serpentinization. This rock type makes up the predominant lithology described at the Project, and occurs widespread. Lower concentrations of Mg within the serpentinite are present in dioritic intrusive rocks and lenses of andesite/gabbro.

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Water usage

Parameter2022
Fresh water 0.26 M m3/year

Commodity Production

CommodityUnitsAvg. AnnualLOM
Magnesium t 86,500 *1,728,800 *
All production numbers are expressed as oxide. * According to 2022 study.

Operational metrics

Metrics
Hourly processing capacity  ....  Subscribe
Annual ore mining rate  ....  Subscribe
Annual processing capacity  ....  Subscribe
* According to 2022 study.

Production Costs

CommodityUnitsAverage
Cash costs Magnesia USD  ....  Subscribe
Assumed price Magnesia USD  ....  Subscribe
* According to 2022 study / presentation.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscribe
Total OpEx $M USD  ......  Subscribe
Income Taxes $M USD  ......  Subscribe
Gross revenue (LOM) $M USD  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
Pre-tax NPV @ 5% $M USD  ......  Subscribe
After-tax NPV @ 5% $M USD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2025

Workforce

EmployeesYear
...... Subscription required 2025

Aerial view:

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