VHV Valley High Ltd Com

Valley High Ventures Ltd. ("Valley High") (TSX VENTURE: VHV) is pleased to announce the results of drill hole C10-41 completed in the phase 2 drill program at the Cordero silver, gold, zinc and lead, porphyry district located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico. Results presented in this release were drilled in a new zone located on the east side of the Cordero Dome. Hole C10-41 is located approximately 1,350 metres northeast of the Pozo De Plata zone and returned long intervals of elevated silver, zinc and lead over its entire 503.45 metre length ending when the hole was lost in broken but still mineralized rock. Intervals reported below in table 1 are core lengths and true widths are unknown.

Table 1: Phase 2 Summary Drill Result

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from    to  length     Ag     Au    Zn    Pb  Ag Eq
Hole    Zone            (m)   (m)     (m)  (g/T)  (g/T)   (%)   (%)  (g/T)
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C10-41  Porphyry        32    96      64    9.6  0.018  1.04  0.06     56
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C10-41  Porphyry       172   280     108   19.8  0.019  0.78  0.31     66
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C10-41  Porphyry       296   466     170   17.2  0.030  0.64  0.43     63
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Incl.                 296   362      64   28.4  0.033  1.01  0.82    105
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- Silver equivalent calculated using the following metal prices: silver at
$15 per ounce, gold at $1,000 per ounce, zinc at 90 cents per pound and
lead at 90 cents per pound.

The Porphyry Target comprises a series of nested, altered and mineralized igneous intrusive bodies (stocks) within the eastern contact zone of the Cordero Felsic Volcanic Dome Complex. The stocks have associated elevated Ag, Au, Zn, and Pb rock chip and soil sample anomalies and high grade Ag vein zones exploited by small scale underground workings. The stocks are presently thought to be rooted in a larger mineralized igneous intrusive body at depth, between the Cordero Felsic Dome and the La Ceniza limestone roofed stock further the northeast in the Belt.

Phase two drilling began January 12th and continues with two diamond drill rigs with 57 holes having been completed to date (17,640m). Sample lengths reported herein are core intervals and true widths are not known. Analytical results are summarized in Table 1 and the hole location and orientation is presented in Table 2. An updated drill plan map is presented in Figure 1.

Airborne Geophysics

Aeroquest Geophysics has completed a combined airborne magnetic, EM, and radiometric survey flown on 100 metre line spacing. The survey covers the entire Cordero Porphyry Belt, which currently includes six identified intrusive centers aligned within a northeast trending belt some 15 km on strike and 3 to 5 km wide. These targets are all within lands held by the Cordero Joint Venture.

QA/QC Procedures and Reporting Parameters

HQ diameter core samples were collected in continuous two-metre lengths by sawing. All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at its labs in Chihuahua, Mexico, and Vancouver, Canada respectively. Gold analyses were performed by 30-gram fire assay with an atomic absorption finish. Silver, zinc and lead were analyzed as part of a multi-element inductively coupled argon plasma ("ICP") package using a four-acid digestion with over-limit results being reanalyzed with assay procedures using ICP-AES. Summary assay intervals as reported above were selected based on a 30 g/T Ag equivalent cut-off with inclusion of up to no more than 10 metres of internal below cut-off values averaging not less than 15 g/T Ag equivalent.

The project is under the direct supervision of Vic Chevillon, MA, CPG, Vice-President of Exploration for Levon Resources Ltd. ("Levon"). The company employs a rigorous quality assurance and quality control program that include standardized material, blanks and duplicates. AMEC Americas Ltd. has designed the QAQC protocol from a study and review of information provided by the company to AMEC. Robert Cameron, PGeo, who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

The property comprises wholly-owned claims and consolidated land agreements that total about 20,000 hectares and is being explored in a Joint Venture with Levon. Valley High currently holds the Cordero property through its wholly owned subsidiary in Mexico. Levon has earned its right to a 51% interest in the project and both company's are working towards the formation of a Joint Venture and are currently joint funding the current exploration program.

About Valley High Ventures Ltd.:

Valley High is a Canadian based precious and base metal exploration company with projects located in Mexico, British Columbia and Yukon. The Cordero project in Mexico (49% interest) is being evaluated for large bulk mineable silver, gold, zinc and lead deposits. The Mount Polley project is located in British Columbia adjacent to Imperial Metals Corporation's ("Imperial") Mt. Polley copper-gold mine and includes a production royalty on the Boundary Property, with Imperial. In the Yukon, Valley High has an option to acquire a 100% interest in the Flume gold property which is located within the newly recognized White Gold District. Valdez Gold Inc. has been granted a right to earn up to 75% interest in Valley High's interest in the Flume property. Coro Mining Corp. holds a 20.5% interest in Valley High.

VALLEY HIGH VENTURES LTD.

Robert Cameron, President and CEO

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Such forward-looking statements or information, including but not limited to those with respect to the prices of copper, estimated future production, estimated costs of future production, permitting time lines, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of Valley High to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors include, among others, the actual prices of copper, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in documents filed from time to time with the securities regulators in the applicable Provinces of British Columbia and Alberta.

Table 2: Drill Hole location (co-ordinates in CONUS Nad 27, UTM zone 13)

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HoleID        Xm       Ym    Zm  Length_m  Azimuth  Dip
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C10-41    443338  3015240  1577    503.45      150  -60
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To view Figure 1, please click on the following link: http://media3.marketwire.com/docs/vhv531.pdf

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Contacts: Valley High Ventures Ltd. Robert Cameron (604) 682-5546 www.valleyhighventures.com Renmark Financial Communications Inc. Barry Mire (514) 939-3989 or (416) 644-2020 bmire@renmarkfinancial.com Renmark Financial Communications Inc. Barbara Komorowski (514) 939-3989 or (416) 644-2020 bkomorowski@renmarkfinancial.com www.renmarkfinancial.com