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

-------------------------------------------------------------------------
                      from    to  length     Ag     Au    Zn    Pb  Ag Eq
Hole    Zone            (m)   (m)     (m)  (g/T)  (g/T)   (%)   (%)  (g/T)
-------------------------------------------------------------------------
C10-41  Porphyry        32    96      64    9.6  0.018  1.04  0.06     56
-------------------------------------------------------------------------
C10-41  Porphyry       172   280     108   19.8  0.019  0.78  0.31     66
-------------------------------------------------------------------------
C10-41  Porphyry       296   466     170   17.2  0.030  0.64  0.43     63
-------------------------------------------------------------------------
 Incl.                 296   362      64   28.4  0.033  1.01  0.82    105
-------------------------------------------------------------------------

- 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)

-------------------------------------------------------
HoleID        Xm       Ym    Zm  Length_m  Azimuth  Dip
-------------------------------------------------------
C10-41    443338  3015240  1577    503.45      150  -60
-------------------------------------------------------



To view Figure 1, please click on the following link:
http://media3.marketwire.com/docs/vhv531.pdf
Valley High Ltd Com (TSXV:VHV)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Valley High Ltd Com Charts.
Valley High Ltd Com (TSXV:VHV)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Valley High Ltd Com Charts.