Valley High Ventures Ltd.

Valley High Ventures Ltd.

June 25, 2009 13:00 ET

Valley High Options Flume Property, White Gold District, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 25, 2009) - Valley High Ventures Ltd. ("Valley High") (TSX VENTURE:VHV) is pleased to announce that it has entered into an option agreement with Phelps Dodge Corporation of Canada, Limited ("PDC"), a wholly owned subsidiary of Freeport-McMoRan Copper & Gold Inc. to acquire a 100% interest in the Flume property located in Yukon Territory Canada. The Flume property is located 60 km southwest of Dawson City, Yukon and 30 kilometres northwest of Underworld's White Gold discovery and comprises 191 mineral claims totaling approximately 3900 hectares. It covers the headwaters of Ten Mile Creek, a well known placer mining location, as well as the headwaters of Sestak Creek, a drainage with reported historical placer mining activity.

The Flume property was staked by PDC in 1998 to cover drainages with anomalous gold and arsenic in government stream sediment samples. PDC subsequently completed property wide soil sampling, geological mapping, prospecting and limited trenching that defined two main target areas primarily characterized by elevated gold and arsenic soil anomalies with minor anomalous antimony (Sb) and molybdenum (Mo). The most recent exploration done on the property was a small mechanical augur program completed in 2007.

The northern Flume target has dimensions of 3.5 km by 3.0 km with gold in soil values ranging from 10 ppb to a high of 615 ppb. The best rock sample collected from this area returned 2.7 g Au/T from quartz stockwork-bearing intrusive float. The southern Sestak target has dimensions of 3.7 kilometres by 1.0 kilometre as defined by a combined arsenic and gold soil anomaly (max gold value 1,317 ppb). Rock samples collected from this area include 10 samples that assayed greater than 1000 ppb with the best sample returning 3.5 g Au/T from a lead- and zinc-rich skarn developed in a limestone horizon within meta-sediments.

Valley High may earn a 100% interest in the Flume property from PDC by making cash payments totaling $225,000 and by completing $500,000 worth of work over 4 years. The initial payment of $10,000 is due on the six month anniversary of the option and Valley High commits to completing a $200,000 work program by the second anniversary. PDC retains a 2% NSR royalty of which one half can be repurchased by Valley High for a sum of $1,000,000. PDC also retains the right to share in the proceeds derived from the sale or option of the property to a third party in the amount of 50% of proceeds received during the first year and 25% of the proceeds in any subsequent year.

Robert Cameron states, "Having been involved from the staking and initial exploration of this exciting property for PDC, I am pleased to be able to continue with its advancement on behalf of Valley High. The recent gold discovery by Underworld Resources at their White Gold project and the historical gold production from this placer mining region certainly supports the bedrock gold potential of this newly recognised and under explored area. Valley High continues to implement its business model of acquiring high-calibre exploration projects and may seek a joint venture partner to rapidly advance the exploration of this large promising target."

Robert Cameron, P.Geo, who is a qualified person within the context of National Instrument 43-101 has prepared and takes responsibility for this news release.


Robert Cameron, President and CEO

About Valley High Ventures Ltd.:

Valley High Ventures Ltd. is a Canadian based precious and base metal exploration company with several properties, totaling approximately 10,000 hectares, located in south-central British Columbia, and in close proximity to Imperial Metals' Mt. Polley copper-gold mine. Valley High has recently sold its interest in the 37 hectare Boundary Zone to Imperial Metals in return for a production royalty. In addition Valley High has an option to acquire the Cordero silver, gold, zinc, lead property in central Mexico. Cordero encompasses a number of small historic high grade silver mines and is currently being evaluated by the Company for larger bulk mineable silver, gold, zinc and lead potential. Levon Resources Ltd. is earning a 51% interest in the project by funding exploration work totaling $1,250,000.

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.

"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."

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