West High Yield (W.H.Y.) Resources Ltd. provides update regarding Record Ridge Project court decision

West High Yield (W.H.Y.) Resources Ltd. faces a significant legal challenge that has temporarily halted construction activities at its Record Ridge Industrial Minerals Mine project near Rossland, British Columbia. On March 11, 2026, the Supreme Court of British Columbia granted a temporary injunction requested by the Save Record Ridge Action Committee, preventing ground-disturbing construction activities until a judicial review hearing scheduled for May 5, 2026. The hearing will review the Chief Environmental Assessment Officer's August 2025 determination that the project does not require an environmental assessment under the BC Environmental Assessment Act.

The legal dispute centers on whether the RRIMM Project, which targets critical minerals including magnesium, silica, and nickel, falls below applicable production thresholds requiring environmental assessment. West High Yield maintains that all regulatory approvals were properly obtained and has filed an appeal of the injunction. The company is also seeking to increase the $162,500 security posted by the environmental group, arguing this amount is insufficient given potential financial impacts from project delays.

The timing is particularly challenging for West High Yield given the company's recent execution of a definitive offtake agreement with Galaxy Trade and Technology, LLC, announced the same day as the court update. The Record Ridge deposit contains a Measured and Indicated mineral resource of 43.0 million tonnes at an average magnesium grade of 24.61%, representing approximately 10.6 million metric tonnes of contained magnesium according to a 2013 NI 43-101 technical report.

While the temporary injunction creates near-term operational constraints, the company continues to maintain its permits under the British Columbia Mines Act and is advancing post-permit compliance requirements. The accelerated judicial review hearing timeline, moved up from August to May 2026, suggests the court recognizes the weather-dependent nature of construction activities and the potential economic impacts of prolonged delays. The outcome of this legal challenge will be crucial for West High Yield's ability to advance what it positions as a critical minerals project using green processing techniques.