Mr. Frank Hallam reports

WEST VAULT ANNOUNCES POSITIVE RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

West Vault Mining Inc. has had positive results from its annual general meeting, held today in Vancouver, B.C.

The annual meeting had a turnout of shareholders representing 69.40 per cent of the issued shares eligible to vote. Shareholders strongly supported the appointment of the board and the resolutions proposed.

On a show of hands, the shareholders elected management's four nominees for directors. Details of the proxy voting are provided in the attached table.

Significant shareholder support was received for the approval of the amended and restated share compensation plan for the company, with 99.97 per cent of the shares voted in favour of this resolution. Shareholders also voted 100 per cent in favour of reappointing Deloitte LLP as the auditor of the company for the ensuing year at a remuneration to be fixed by the directors.

Following the annual meeting, the directors reappointed Sandy McVey as chief executive officer and chief operating officer, Frank Hallam as chief financial officer and corporate secretary, Peter Palmedo as chairman (non-executive), and Pierre Lebel as lead director of the company for the ensuing year.

For more information on these matters, please refer to West Vault's information circular, available on SEDAR+, or visit the company's website.

About West Vault Mining Inc.

West Vault is committed to maximizing shareholder value through its low-risk gold-in-ground strategy, which involves acquiring, advancing, derisking, holding and selling high-quality development gold projects in the best jurisdictions.

We seek Safe Harbor.