About West Kirkland Mining
Founded in 2010, West Kirkland Mining is listed on the TSX Venture Exchange under the symbol “WKM”. The Company was formed to focus on gold exploration in North America and today has consolidated significant mineral rights positions in the major gold trends of Nevada and Utah.
In April of 2014 West Kirkland Mining acquired a 75% interest in the Hasbrouck Project near Tonopah, Nevada, located between Reno and Las Vegas along Highway 95 in Esmeralda County. The Hasbrouck Project encompasses two oxide gold-silver deposits, Hasbrouck, and eight kilometers north, Three Hills. The Company has the right to make an offer for the remaining 25% or the project will be transferred into a 75% (West Kirkland) 25% (Allied Nevada) joint venture. West Kirkland has also earned a 60% interest in the TUG gold deposit in northwestern Utah (40% held by Newmont) adjacent to Newmont’s Long Canyon properties in Nevada.
West Kirkland's management team has a successful track record founding of precious metals exploration and development companies over the past decade. They have experience with numerous value-adding transactions from takeovers to mergers and mine construction. Their track record includes the following:
- West Timmins Mining (WTM:TSX.V): takeover by Lake Shore Gold Corp. for CAD$424 million November 2009
- MAG Silver (MAG:TSX): emerging Mexican silver producer
- Platinum Group Metals (PTM:TSX): emerging South African platinum producer
Corporately, West Kirkland Mining had a significant transformation in 2013 and early 2014 with the acquisition and financing of the Hasbrouck Project in Nevada. The company added some of the strongest and most influential mining investors in the world to its shareholder base. These include Liberty Metals and Mining, Sprott Asset Management, Baker Steel Capital Managers, RBC Asset Management, Sun Valley Gold and US Global Investors. Newmont Mining continues to be a significant shareholder. After closing $33.1 million in financings in April 2014, these institutions and others, along with company management hold approximately 75% of WKM’s shares.
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