Second Water Right Acquired For Construction-Ready Hasbrouck Gold Project
VANCOUVER - West Vault Mining Inc. reported the execution of a long term Water Right Lease Agreement to lease a water right from a nearby mining company, giving West Vault the right to extract and utilize sufficient ground water to support all planned operations at the Hasbrouck Gold Project near Tonopah, Nevada.
Sandy McVey, CEO, said, ”Water is critical to any mining project in dry areas, especially in Nevada where there is an increasing demand for a decreasing supply. The Water Right provides further assurance that the Hasbrouck Gold Project has the necessary water for the full life-of-mine. The 28-year life of this Water Right provides great optionality for choosing the best time to construct the Hasbrouck Project. The Water Right is in addition to a similar water right lease agreement we already have, which is set to expire in 2027."