Sun Valley Gold LLC: Control and Direction Over Units of West Kirkland Mining Inc.

SUN VALLEY, IDAHO--(Marketwired - Apr 23, 2014) - Sun Valley Gold LLC ("Sun Valley") announced today that it has acquired control and direction over 23,333,000 units ("Units") of West Kirkland Mining Inc. ("West Kirkland") on behalf of the Sun Valley Gold Master Fund Ltd. (the "Master Fund"), a client account over which Sun Valley has discretionary trading authority. The Units, which are beneficially owned by the Master Fund, were acquired for a subscription price of $0.15 per Unit pursuant to a prospectus offering by West Kirkland. Each Unit consists of one common share of West Kirkland and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of $0.30 per share until April 17, 2019.

Following completion of the Offering, Sun Valley exercises control and direction over 23,333,000 common shares and 23,333,000 warrants for and on behalf of the Master Fund. The 23,333,000 common shares over which Sun Valley exercises control and direction for and on behalf of the Master Fund represent approximately 8.70% of the issued and outstanding common shares of West Kirkland. If exercised, the 23,333,000 warrants over which Sun Valley exercises control and direction for and on behalf of the Master Fund would, together with such shares, represent approximately 16.01% of the issued and outstanding common shares of West Kirkland (after giving effect to the exercise of such warrants, but not the exercise of any other share purchase warrants issued by West Kirkland).

The securities of West Kirkland were acquired for investment purposes. Sun Valley may increase or decrease its ownership of securities of West Kirkland depending upon future market conditions.

FOR FURTHER INFORMATION, OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED BY SUN VALLEY UNDER APPLICABLE SECURITIES LEGISLATION, PLEASE SEE THE CONTACT INFORMATION BELOW.