Overview

Located in Nevada’s prolific Walker Lane Trend, the Hasbrouck Gold Project is central to West Vault’s strategy of focusing on straight-forward, high-value, ready-to-build assets in stable mining jurisdictions. Hasbrouck has been advanced through extensive engineering, environmental review, and permitting, resulting in a short path to construction and production.

Location

Hasbrouck sits in Esmeralda County, Nevada, a region well known for producing meaningful gold ounces from open pit, heap leach operations. Strong local support, established mining infrastructure, and proven permitting frameworks all contribute to the project’s attractive risk profile.

Project Value

Independent technical work confirms Hasbrouck as a robust and compelling project. Highlights include:

  • NPV(5) of approximately US$1/2bn at US$2,600 gold*
  • Forecast production of 561,000 saleable gold ounces* over the life of mine
  • Outstanding 110 percent IRR*

These metrics reflect the project’s strength under both current and long-term gold price environments.

Status and Construction Readiness

Hasbrouck is fully positioned for development. All key permits are in place, engineering is well advanced, and the project has been specifically designed for a low cost, short construction schedule.

  • Simple mine plan and process flowsheet
  • Low initial capex of US$66M*
  • Approximately 15 months to first pour of gold*

This straightforward development profile offers a near term path to production with a strong return on invested capital.

A Strategic Asset for West Vault

The Hasbrouck Gold Project advances West Vault’s disciplined strategy of investing in high quality, North American gold projects that can create long term value for shareholders. With strong economics, minimal complexity, and clear development pathway, Hasbrouck is positioned to be a cornerstone asset in the company’s future growth.


Source

*Technical Report and Updated Preliminary Feasibility Study: “Hasbrouck and Three Hills Gold-Silver Project, Esmeralda County, Nevada”. Produced by RESPEC, January 2023, with contributions from Thomas Dyer, P.E., J. Bickel, C.P.G., Mark Jorgensen, R.M., SME, Ryan Baker, P.E., and Carl Defilippi, R.M., SME.