Valley High Ventures Ltd.

Valley High Ventures Ltd.

November 26, 2009 09:30 ET

Valley High Appoints David Watkins as a Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2009) - Valley High Ventures Ltd. ("Valley High") (TSX VENTURE:VHV) is pleased to announce that David Watkins has joined the Company's board as an independent director.

Mr. Watkins is an international mining executive with over 40 years of experience in exploration and development, acquisitions and mergers, and mining operations. He graduated with a Master of Science degree in geology from Carleton University in 1970 and a Bachelor of Arts, geology from Queen's University in 1967.

Mr. Watkins is Executive Chairman of Atna Resources Ltd., where he recently stepped down as Chief Executive Officer and President. Prior to joining Atna, he was president of Cyprus Exploration and Development Corp., and Senior Vice-President, exploration for Cyprus Amax Minerals, where he was responsible for the company's world-wide exploration activity. He was President of Minnova Inc, formerly Falconbridge Copper and now Inmet Mining Corporation. Mr. Watkins spent a number of years working in Canada and internationally as an exploration geologist with mining companies including Noranda and Newmont Mining Corp. Mr. Watkins currently serves on the boards of directors of a number of companies, including Euro Resources S.A., Commander Resources Ltd, Golden Goose Exploration Inc., Maudore Minerals Ltd., Golden Minerals Company and Canplats Resources Corp.

Alan Stephens, chairman of Valley High commented: "We are very pleased to welcome David Watkins to Valley High's board, and we are looking forward to drawing on his business acumen and extensive exploration, development and mining experience."

Valley High is a Canadian based precious and base metal exploration company with projects located in Mexico, British Columbia and Yukon. The Company's Cordero property in Mexico is being evaluated for large bulk mineable silver, gold, zinc and lead deposits geologically similar to the large Penasquito deposit currently being developed by Goldcorp Inc. Recent drill results from Cordero include the discovery of a new zone at Pozo de Plata wherein drill hole C09-5 returned 152 metres grading 80.64 g/T Ag, 0.61 g/T Au, 1.41% Zinc and 1.22% lead. Levon Resources Ltd. has an option to earn a 51% interest in the project by funding exploration work totaling Cdn. $1,250,000 plus their proportion of the underlying option and maintenance property costs.

The Company's Mount Polley project is located in British Columbia adjacent to Imperial Metals Corp.'s ("Imperial") Mt. Polley copper-gold mine. Valley High has recently optioned its interest in one portion of this property, the 37 hectare Boundary Zone, to Imperial in return for a production royalty. In addition the Company is completing a drill program in the vicinity of the Boundary Zone, testing a number of geophysical targets. Valley High also has an option to acquire a 100% interest in the Flume gold property in the Yukon which is located within the newly recognized White Gold District some 30 kilometres from the new Golden Saddle discovery of Underworld Resources Inc.

Valley High has 30.5 million shares outstanding; 35.5 million on a fully diluted basis. Coro Mining owns 9,140,353 shares of Valley High representing 30% of the Company.


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.

"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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