West Vault Mining's Hasbrouck Gold Project Positioned for Immediate Construction with Strong Economics
TL;DR
West Vault Mining offers investors a strategic advantage with its fully permitted Hasbrouck Gold Project, poised for immediate construction and strong returns in a rising gold market.
The Hasbrouck Gold Project has a proven reserve of 753,000 ounces with a 51% after-tax IRR and low annual burn rate of US$1 million ensuring efficient operations.
West Vault's disciplined development approach in Nevada creates sustainable economic opportunities while responsibly advancing gold resources for future generations.
West Vault Mining holds a massive 753,000 ounce gold reserve in Nevada with zero construction risk and full exposure to gold price upside potential.
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West Vault Mining Inc. owns 100% of the fully permitted Hasbrouck Gold Project in Nevada, offering immediate construction readiness in a world-class jurisdiction. The project demonstrates compelling economics, including a 51% after-tax internal rate of return and US$206 million net present value at $1,790 gold prices, based on a 2023 Pre-feasibility Study. This positions the company advantageously in the current gold market environment with minimal development risk.
The project contains a Proven and Probable Mineral Reserve of 753,000 ounces in 44.02 million tons at a grade of 0.017 ounces per ton. The company maintains a large land package with multiple exploration targets, providing additional growth potential beyond the current reserve base. This substantial resource base combined with exploration upside creates significant value potential for investors seeking exposure to gold development assets.
With an efficient corporate structure and an annual burn rate of approximately US$1 million, West Vault can maintain low-cost optionality while preserving shareholder value. Management and insiders hold significant equity positions, aligning their interests closely with shareholders and long-term value creation objectives. This alignment ensures disciplined decision-making focused on maximizing returns throughout commodity cycles.
The company is strategically positioned to benefit from potential gold bull cycles, with zero near-term construction risk and full exposure to price upside. West Vault Mining follows a disciplined model of acquiring, advancing, and holding high-quality gold projects in premier jurisdictions, focusing on controlling dilution and timing development decisions to optimize shareholder returns. Additional information about the company is available through its corporate communications at https://www.MiningNewsWire.com.
Since its formation following the successful C$424 million sale of West Timmins Mining in 2009, West Vault has maintained focus on opportunities in North America's most prolific gold-bearing regions. This consistent strategy has enabled the company to advance its flagship asset while maintaining financial discipline. The combination of full project permitting, established mineral reserves, and strategic positioning in Nevada creates a compelling investment opportunity in the gold development sector.
Curated from InvestorBrandNetwork (IBN)
