West High Yield Resources (TSE:WHY) has released an update.
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West High Yield (W.H.Y.) Resources Ltd. is facing unexpected regulatory hurdles for its Record Ridge Magnesium Project, as the Environmental Assessment Office (EAO) now requires the project to meet more stringent environmental assessment thresholds. The company is considering reducing operations to avoid the need for an environmental assessment and is exploring legal options while maintaining a commitment to the project and its partnerships, especially with the Osoyoos Indian band.
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