Valley High Ventures Ltd.

Valley High Ventures Ltd.

June 09, 2009 09:00 ET

Valley High Ventures Ltd.: Exploration at Cordero Discovers New Zone and Expands the District

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 9, 2009) - Valley High Ventures Ltd. ("Valley High") (TSX VENTURE:VHV) and joint venture partner Levon Resources Ltd. ("Levon") are pleased to report that current exploration results have expanded the Cordero silver, gold, base metal porphyry district by about 2 km to the southwest along the strike of a mineralized porphyry belt. This new target, the Pozo de Plata (Silver Well) Zone, is defined by mapping and sampling results that establish the presence of a poorly exposed, mineralized rhyolite dike and diatreme complex in an area of alluvial cover. There is no evidence of past exploration work in this area except for the accidental exposure of silver bearing breccias in a recently deepened water well.

Results from a trench excavated approximately 50 m east and north from the above mentioned water well returned 355 metres grading 14.0 g/T Ag, 0.13 g/T Au, 0.12% Zn and 0.12% Pb including 175 metres at 21.8 g/T Ag, 0.20 g/T Au, 0.16% Zn and 0.20% Pb. Additional rock sampling along a nearby stream bed that exposed rhyolite dikes and diatreme breccias returned anomalous grab samples from bedrock over a distance of 150 metres. Of eighteen grab samples collected, silver values range from 3.2 ppm to 374 ppm with eight samples returning greater than 50 ppm. Gold values range from 157 ppb to 1190 ppb.

The Cordero property is centred on a mineralized belt of porphyries that has now been defined through a strike length of 6 km and a width of about 3 km. The district is covered by the joint venture claims and consolidated land agreements that total about 10,000 hectares. Work has been ongoing continuously since February with work comprised of detailed geological mapping, soil sampling, rock chip sampling, trenching, and 3D induced polarization surveys.

A 3D induced polarization survey ("IP") designed by SJ Geophysics, Vancouver, B.C. was completed May 30, 2009. The data is currently being processed and a 3D inversion model constructed. The IP survey covers the Cordero dome, the next intrusion to the northeast and was extended to cover the Pozo de Plata zone. The IP inversion results will be integrated into a 3D Gocad exploration model being constructed for the porphyry belt in preparation for an extensive drill program planned for later this year.

As announced on February 12, 2009, Levon may earn a 51% interest in Valley High's Cordero by spending Cdn $1,250,000 by the end of February, 2013 with a first year work commitment of Cdn $250,000. The Cordero project is located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico.

All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at its labs in Chihuahua and Vancouver. Gold analyses were performed by 30-gram fire assay with an atomic absorption ("AA") finish. Silver, lead and zinc were analyzed as part of a multi-element inductively coupled argon plasma ("ICP") package using a four acid digestion. Robert Cameron, P.Geo, who is a qualified person within the context of National Instrument 43-101 has read 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.

Contact Information