West Mining Corp. (CSE: WEST | OTC: WESMF) announced on October 26, 2026, that it has completed the sale of its Junker Property to Hi-View Resources Inc. (CSE: GXLD) and Hi-View's wholly-owned subsidiary, Zeal Exploration Inc. The transaction, first announced on October 8, 2026, was executed pursuant to a property purchase agreement dated October 1, 2026. As consideration, West Mining received $7,500 in cash and 125,000 Hi-View common shares, subject to a four-month hold period. Investors may be watching how West Mining deploys proceeds as it continues to focus on its core British Columbia mineral assets.

Key Points

  • West Mining Corp. (CSE: WEST | OTC: WESMF) is a Vancouver-based mineral exploration company focused on copper, gold, and silver in British Columbia.
  • West Mining has completed the sale of its Junker Property to Hi-View Resources Inc. and Zeal Exploration Inc.
  • Consideration received: $7,500 cash and 125,000 Hi-View common shares, with the shares subject to a hold period expiring February 23, 2027.
  • Investors may be watching how this divestiture affects West Mining's strategic focus on its Spanish Mountain West and Kena properties.

Junker Property Sale Terms and Hi-View Share Consideration

West Mining received $7,500 in cash and an aggregate of 125,000 Hi-View Resources common shares as total consideration for the Junker Property. The release states that each Hi-View share is subject to a four-month hold period expiring February 23, 2027, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The property purchase agreement was dated October 1, 2026, and the transaction was completed as previously announced. The immediate share price impact on West Mining was not clear from available public information.

West Mining's Remaining British Columbia Mineral Portfolio

Following the Junker Property divestiture, West Mining retains a 100% interest in its Spanish Mountain West Property in central British Columbia, where the company is actively exploring for copper, gold, and silver. The company also holds a 100% interest in the Kena Property, which it has optioned to Upside Gold Corp. The release suggests the company's strategic focus remains on advancing these two core assets. The company did not disclose any revised exploration budget or updated operational guidance in connection with this announcement.

Context of the Transaction with Hi-View Resources and Zeal Exploration

Hi-View Resources Inc., listed on the Canadian Securities Exchange under the ticker GXLD, acquired the Junker Property through its wholly-owned subsidiary, Zeal Exploration Inc. West Mining had first disclosed the pending transaction in a news release dated October 8, 2026, and the October 26, 2026, announcement confirms its completion. The release does not provide details on the location, size, or historical work conducted on the Junker Property, nor does it outline Hi-View's intended exploration plans for the asset.