DEVELOPING A GREEN, LOW COST, HIGH GRADE

MAGNESIUM RESOURCE IN WESTERN CANADA

www.whyresources.com

TSXV - WHY

Disclaimer and Forward Looking Statement No stock exchange, securities

commission or other regulatory authority has approved or disapproved the information

contained herein. This presentation includes certain “forward-looking statements”. All

statements other than statements of historical fact, included in this presentation,

including without limitation statements regarding potential mineralization and

reserves, exploration results, and future plans and objectives of the Company, are

forward-looking statements that involve various risks and uncertainties. The mineral

resources estimates contained herein are only estimates and no assurance can be

given that any particular level of recovery of minerals will be realized or that an

identified resource will ever qualify as a commercially mineable or viable deposit

which can be legally and economically exploited. In addition, the grade of

mineralization ultimately mined may differ from the one indicated by drilling results

and the difference may be material. The estimated resources described herein should

not be interpreted as assurances of mine life or of the profitability of futureoperations.

There can be no assurance that forward-looking statements will prove to be accurate

and actual results and future events could differ materially from those anticipated in

such statements. Important factors that could cause actual results to differ materially

from the Company expectations include, among others, risks related to international

operations, the actual results of current exploration activities, conclusions of

economic evaluations and changes in project parameters as plans continue to be

refined as well as future prices of magnesium, as well as those factors discussed in

the section entitled “Risk Factors” in the Company’s Annual Information Form

available on www.SEDAR.com. Although the Company has attempted to identify

important factors that could cause actual results to differ materially, there may be

other factors that cause results not to be as anticipated, estimated or intended. There

can be no assurance that such statements will prove to be accurate as actual results

and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking statements.

Cautionary Note: Not for distribution in United States.

All figures are in Canadian dollars unless otherwise indicated.

DISCLAIMER

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ABOUT MAGNESIUM AND ITS USES(http://www.whyresources.com/corporate/video/)

ABOUT THE RECORD RIDGE DEPOSIT(http://www.whyresources.com/corporate/video/)

COMPANY OVERVIEW

“OUR OBJECTIVE IS TO BRING INTO PRODUCTION ONE OF THE WORLD’S

LARGEST AND MOST ECONOMIC DEPOSITS OF HIGH GRADE, LOW COST MAGNESIUM.”

Frank Marasco, CEO, West High Yield Resources.

Midnight Property

Au

Gold Drilling Stage Rossland, BC

3www.WHYRESOURCES.com

Record Ridge

South

Mg

Magnesium Stage:

Environmental

Assessment

Environmental

Baseline Study:

Complete

Mine Plan Permit

Application:

Submitted

Rossland, BC

West High Yield (WHY) is currently updating its Preliminary

Economic Assessment (PEA), including a radically improved

production optimization that is expected to significantly lower

CAPEX and operating costs, and improve project economics.

(Due out Q4.)

Currently, Measured and Indicated Mineral Resources include 43

million tonnes averaging 24.6% Mg, using a 21.9% cut-off, totalling

10.6 million tonnes contained Mg.

Ownership: 100% ownership of 7,891 contiguous hectares which

could support open pit mine and processing facility, with full

infrastructure in place including electricity, natural gas, roads, water

and local labour force. (Other projects must invest significant capital

to develop this infrastructure).

The Company is now completing an Environmental Assessment

and Environmental Baseline Study, and has now submitted a Mine

Plan Permit Application as of February 14, 2019.

COMPANY OVERVIEW

PROJECTS

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CORPORATE PROFILE

Venture Exchange Listing:

TSXV: WHY

52 Week Low-High:

$0.20 - $0.60

Basic Shares Outstanding:

64.8 MM

Fully Diluted:

69.9 MM

Market Capitalization:

$25,000,000

Insider Ownership:

32%

* Fully Diluted

5www.WHYRESOURCES.com

▪ The team is lead by an

entrepreneur with a track record

of building and selling over 47

successful Canadian businesses

in the region.

▪ Ability to finance ongoing

operations.

▪ Over 10,000 metres drilling, 53

holes, all mineralized.

▪ PEA Completed in 2013,currently

being updated with new process.

▪ Amenable to low cost, very high

grade processing for ALL industry

applications.

▪ The deposit is ideally situated 10 km

from Rossland, BC, with all

infrastructure in place (Val. $1.5 bn).

▪ 100% owned by WHY Resources.

▪ A mining town with numerousother

mines nearby.

▪ Safe mining jurisdiction.

▪ World class mining infrastructure in

place.

WHY RECORD RIDGE? WHY ROSSLAND, BC? WHY OUR TEAM?

• Magnesium is 33% lighter than aluminum and 75% lighter than steel.

• It is the greenest metal.

• Has many applications: Construction,

aeronautics, automotive, technology,

health, agriculture, batteries.

• Magnesium demand is currently growing at >6% per year.

• Only one producer in NorthAmerica, 86% is produced in China.

WHY MAGNESIUM?

INVESTMENT HIGHTLIGHTS

MAGNESIUM IS A STRATEGIC METAL THAT IS VITAL TO OUR COLLECTIVE FUTURE

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MEET THE BOARD OF DIRECTORS

Frank Marasco Jr. Founder, President and CEO,

director

Frank Marasco is also President and

Director of Big Mountain Development

Corp. Ltd. Over the course of 45

years, Frank has built and sold 47

successful businesses, including

hotels, motels, rental units, RV and

mobile home parks, apartments, liquor

stores, pubs, strip malls, nightclubs

and a strip mall. At the age of 47,

Frank retired, later going into business

in the oil and mining sectors. He has

since purchased 81 oil and gas

development sections in S.E.

Saskatchewan in the Bakken, as well

as fifteen gold mines in Rossland,

B.C. After briefly exploring for—and

finding—gold on the project, Marasco

and his team then discovered what is

now a world-class, 2,000 acre, high

grade, low cost, magnesium deposit

known as Record Ridge.

www.WHYRESOURCES.com

Rick WalkerP. Geologist, P. Engineer

Rick has over 25 years of

geological and structural mapping

experience in the mineral

exploration industry. He has

worked on a wide variety of

deposit types which include gold,

silver, base metals, rare to

strategic metals and diamonds.

Rick has delivered significant

geological value throughout his

career for companies, ranging

from junior to major resource

companies, both nationally and

internationally.

Patricia L. Nelson B.Com,

Director

Ms Nelson was Controller for Sabre

Petroleum’s, Petroterra Natural

Resources and Manager of Financial

Control for Suncor. She is the Vice

Chair and Director of the In Situ Oil

Sands Alliance, Director of Altalink,

and Director of Optiom Inc.. Ms

Nelson served 15 years as an

elected Member of the Legislature of

Alberta. She was appointed and

served as Minister of Energy,

Minister of Economic Development

and Tourism, Minister of Government

Services and finally was appointed

Minister of Finance. She served 12

years as a member of the Treasury

Board and the Agenda and Priorities

Committee of the Government. An

active member in the community, she

supports charitable organizations

such as the Kidney Foundation, the

Cancer Foundation, Heart and

Stroke and Juvenile Diabetes.

Maria MarascoDirector

Mrs. Marasco is an

independent business woman

who has provided services in

corporate restructuring finance,

acquisitions, and strategic

planning. She is also

responsible for overseeing

management information

systems, human resource

strategies, and property

management systems.

Ian F. T. Kennedy

Advisor

P. Eng / P. Geo

Mr. Kennedy brings over 45

years of experience in

venture capital and

investment banking activities.

Mr. Kennedy is a consultant

who has served on the board

of more than 35 public

companies from mining, oil

and gas, to high-tech. He has

also been Chairman of

Ryerson Polytechnic, Toronto.

Barry BaimDirector

Mr. Baim brings over 35 years

activating and inspiring teams to

achieve profitable revenue

growth. His senior experience

is diverse having held executive

positions with both private and public

companies including CPG

leader Molson Coors and in the

natural resource sector mining site

development projects in oil sands

and other service-related entities

in energy, oil, and gas.

Mr. Baim is currently a director for

SGV Canada and a past board

member with Millennium Seismic,

Paradigm Chemical Technologies

and Siksika Resource Developments

Ltd.

7

PROPERTY LOCATION

THE RECORD RIDGE PROJECT EXTENDS OVER 7.5 SQUARE KILOMETERS AND IS

LOCATED 10 KM SOUTHWEST OF ROSSLAND AND 4.5 KM NORTH OF THE US BORDER.

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PROPERTY LOCATION

THE RECORD RIDGE PROJECT EXTENDS OVER 7.5 SQUARE KILOMETERS AND IS

LOCATED 10 KM SOUTHWEST OF ROSSLAND AND 4.5 KM NORTH OF THE US BORDER.

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RECORD RIDGE INFRASTRUCTURE

RECORD RIDGE HAS EXCELLENT INFRASTRUCTURE

Proximity to Rossland (10 km) and Trail, BC (28 km)

Paved roads and highways cross through project

Grid power, water and natural gas

Property is easily accessible for open pit mining and accommodates tailings, waste disposal, and

processing plants

4.5 km north of Canada-US Border

Skilled workforce readily accessible

Nearest port is Vancouver, BC

Supporting industries in close proximity

Nearby rail access with CP Rail (Trail, BC)

Commercial Air Service (Trail, Castlegar, BC)

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and experienced aThe Rossland, BC gold camp was first established in 1885

productive gold history.

When Frank Marasco purchased the first 500 acres of property in 2003, West High

Yield drilled 28 exploratory holes in search of the famed high grade Rossland gold.

While the project did hit some excellent gold values (such as 30.45 grams per tonne

gold over 5.64 meters) even more remarkable was the very high grade, near surface

Magnesium—initially averaging 25.3% over the first five holes including 80.92 meters

true width averaging a grade of 24% magnesium in hole 5.

It became quickly apparent that any potential gold values would be dwarfed by the

property’s potential to host a world class magnesium deposit.

Over the course of a total of 77 holes, West High Yield has demonstrated a remarkable

high grade magnesium-rich deposit:

Measured and Indicated Mineral Resources of approximately 43 MT @ 24.6% Mg,

using a 21.9% cut-off. Approximately 10.6 MT contained Mg. Metallurgy reported in the

PEA indicated an 80% recovery rate for the magnesium.

MAGNESIUM AT RECORD RIDGE:

A HAPPY ACCIDENT

11www.WHYRESOURCES.com

SUPPLY AND DEMAND

World production of primary magnesium is estimated by Roskill to have increased from

499kt in 2002 to 905kt in 2012, a compound annual growth rate (CAGR) of 6.1%. Today

world production continues to grow, passing 1.1MT per year in 2015. (Frank to supply

source) MMTA>CO>UK

Global magnesium demand is forecast to see a compounded annual growth rate of 7.7%

over the next five years, with China's consumption leading the way at a projected 12.1%

CAGR, said Alan Clark, managing director of Australia-based consultancy CM Group.

CM Group estimates that global primary magnesium demand grew 14% in 2013, to

792,000 mt from 693,000 mt in 2012.

Over the next 10 years, CM Group expects global magnesium demand to see a 7.8%

compounded annual growth rate, with China accounting for 11.4% of that growth.

Platts:

http://www.platts.com/latest-news/metals/munich/global-magnesium-demand-projected-to-

rise-77year-26800334

PIE CHART:

BY COUNTRYPIE CHART:

END USES

Current global demandfor

Magnesium: 7 milliontons

* Charts: Roskill Information Services, November 2013

12www.WHYRESOURCES.com

WHAT IS MAGNESIUM USED FOR?

MAGNESIUM HAS 100S OF APPLICATIONS IN A VARIETY OF INDUSTRIES INCLUDING

AUTOMOTIVE, AEROSPACE, CONSTRUCTION, DEFENCE, TECHNOLOGY, ENERGY

STORAGE, AGRICULTURE AND HEALTH CARE AND PYROTECHNICS, AND MORE.

13www.WHYRESOURCES.com

MAGNESIUM IN THE AUTOMOTIVE SECTOR

The largest market for magnesium metal is aluminum alloying and die casting, comprising

two thirds of magnesium metal use. Primary industry is automotive.

Vehicle manufacturers have a mandate to make cars lighter and more fuel efficient!

According to GM, there is a 7 percent improvement in fuel economy for every 330 pounds

reduction in weight.

Growth Expectations Vary Depending on Source. Projection is for huge growth.

Potential Mg Growth Scenario 1:

Used on cars since 1920, the average light vehicle has about 10 pounds* of magnesium

in its composition, that number is poised to triple by 2025, according to a forecast by

Ducker Worldwide, a Troy, Mich., consulting and research firm.

The Math:

88.5 MM* vehicles per year globally X 10 lbs X factor of three (Ducker forecast for growth)

2025 AUTOMOTIVE Mg DEMAND: 2.66 billion lbs

Potential Mg Growth Scenario 2:

A report from the United States Automotive Materials Partnership (a collaboration between

car makers GM, Ford, and Chrysler) estimates that by 2020, 250 pounds of magnesium

will replace 500 pounds of steel and 90 pounds of magnesium will replace 130 pounds of

aluminum per vehicle, resulting in an overall 15% weight reduction.

The Math:

88.5 MM* vehicles per

year globally X 340 lbs

per vehicle

POSSIBLE 2020

AUTOMOTIVE Mg

DEMAND: 30 billion lbs

14www.WHYRESOURCES.com

* Source: U.S.Automotive

Materials Partnership

MAGNESIUM CEMENT AND

MAGNESIUM WALLBOARD

CEMENT PRODUCTION IS SECOND MOST HIGHLY CARBON-INTENSIVE ACTIVITY ON PLANET.

• Production of Mg cement usesless fossil fuels (and thereforeless CO2)

• Mg cement absorbs and locks in

CO2 emissions at it sets

• Non-toxic

• Health-promoting properties for occupants of homes

• Binds to all things cellulose vs portland cement repels cellulose

• Strengths of 9,000 to 45,000 psi and tensile strength over 800 psi

• Many times stronger than

conventional concrete

• Never rots as it expels moisture

MAGNESIUM OXIDE BOARD VS THE COMPETITION:

Attributes Magnesium Oxide Board Gypsum Board Plywood/OSB Cement Board

Fire Resistant & Non-Combustible Yes X X Yes

Moisture, Mold & Mildew Free Yes X X Yes

Insect Resistant Yes X X Yes

Cut/Saw – No special tools Yes Yes Yes X

Wallpaper over Yes Yes X X

Tile Backer Yes X X Yes

Insulation Sound & Heat Yes X X Yes

Environmentally ‘Green’ & Non-Toxic Yes X X X

Strong & Durable Yes X Yes Yes

Light Weight Yes Yes X X

Recyclable Yes X X X

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AEROSPACE & DEFENCE, BATTERIES

AND CONSUMER GOODS

▪ Lithium ions have a charge of +1,

magnesium ions have a charge of +2,

therefore they can carry twice the

electrical current

▪ Magnesium batteries are less

expensive to produce than lithium

batteries

▪ Less prone to catching fire than lithium

BATTERIES: MOVE OVER

LITHIUM…

▪ Lightweight properties of magnesium

improve performance of aircraft, vehicles,

armor and military equipment.

STRATEGIC METAL FOR AEROSPACE

AND DEFENSE INDUSTRY

▪ Power Tools and Sporting goods such as

bicycle frames, ski bindings and tennis

rackets.

▪ Electronics such as mobile phones,

laptops and flat screen TVs.

CONSUMER GOODS INDUSTRY

Rana Mohtadi, a scientist working on hydrogen storage at the Toyota Research

Institute of North America has discovered a material that could be used as an

electrolyte for a magnesium battery. Mohtadi and fellow scientists published the

research in the Angewandte Chemie journal.

AGRICULTURE AND HUMAN HEALTH

▪ Photosynthesis: Mg is the central element

of the chlorophyll molecule.

▪ Carrier of Phosphorus in the plant

▪ Magnesium is both an enzyme activator and

a constituent of many enzymes

▪ Sugar synthesis

▪ Starch translocation

▪ Plant oil and fat formation

▪ Nutrient uptake control

▪ Increased Iron utilization

▪ Aid nitrogen fixation in legume nodules

MAGNESIUM (IN THE FORM OF

MAGNESIUM NITRATE) IS ESSENTIAL

FOR HEALTHY PLANT GROWTH!

▪ Protein synthesis

▪ Muscle and nerve function

▪ Blood glucose control

▪ Blood pressure regulation

▪ Energy production

▪ Oxidative phosphorylation

▪ Glycolysis

▪ Structural development of bone

▪ Required for the synthesis of DNA, RNA,

antioxidant glutathione

▪ Plays a role in the active transport of calcium

and potassium

MAGNESIUM IS VITAL TO HUMAN

HEALTH, AND IS A COFACTOR INMORE

THAN 300 ESSENTIAL ENZYME

SYSTEMS IN THE BODY:

▪ Muscle Hyperexcitability

▪ Weakness

▪ Sleepiness

▪ Burns

▪ Medications

▪ Low blood levels of calcium

▪ Surgery

▪ Anorexia

▪ Apathy

▪ Confusion

▪ Fatigue

▪ Insomnia

LACK OF MG IN THE BODY IS KNOWN TO CAUSE:

▪ Irritability

▪ Muscle twitching

▪ Poor memory

▪ Reduced ability to learn

▪ Heart changes

▪ Rapid heartbeat

▪ Muscle contraction

▪ Delirium

▪ Numbness

▪ Hallucinations

▪ Tingling

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2. Magnesium Nitrate Fertilizer

ONCE WE REACH PRODUCTION

I. WHY can produce MgO that is up to 99% purity with no CO2 emissions from the productionprocess.

II. Mg is a vital nutrient for healthy plant growth. It is a key component of the chlorophyll molecule

III. Mg Wall board plant can replace OSB board, plywood, drywall and cement board. It is fire proof, smoke proof, water proof, mould and mildew proof and termite proof.

IV. No CO2 emissions, Mg cement PSI strength ranges from 9,000 to 45,000; Mg cement lasts for 3,000-5,000 years; and it absorbs and locks it CO2 emission as it sets and cures.

V. Mg batteries may have up to 12 times energy density of lithium batteries and a charge/discharge that is 5 times greater.

VI. Mg ingots are the lightest and strongest based on weight to density ratio, lighter by 33%, which results in lower CO2 emissions in all uses.

6. Ingot Plant

III

3. Wallboard Plant

IV

4. Cement Plant

V

5. Battery Plant

VI

I

1. Magnesium Oxide

18www.WHYRESOURCES.com

II

CONTACT US

West High Yield (W.H.Y.) Resources Ltd Corporate Address:

4500 Bankers Hall East 855 - 2nd Street SW Calgary,AB

T2P 4K7

MailingAddress: PO Box 68121Calgary,AB

T3G 3N8

Office: (403) 660 3488

Fax: (403) 206 7113

Frank Marasco, President and CEO Email: frank@whyresources.com

www.whyresources.com