Geoff Chater Appointed President Of Valley High Ventures
Mr Chater holds a B.Sc. in geology from Texas Christian University and has over 21 years of experience in the mining industry and is a principal of Namron Advisors, a corporate communications company. From 1999-2008, Mr Chater held the position of Manager of Corporate Relations for copper producer First Quantum Minerals Ltd. During his career, Mr Chater has held similar positions with Greystar Resources Ltd., Nevada Pacific Gold Ltd., Eldorado Gold Corporation, Fairbanks Gold Corporation and Ivanhoe Capital Corporation.
Rob Cameron commented "Geoff is a welcome addition to the management team at Valley High. He brings a wealth of capital markets and corporate development experience to the Company. His many years of experience as a liaison with the investment community will improve our efforts to effectively communicate with our stakeholders. I am excited to work with Geoff to grow Valley High and expand our current portfolio of projects."
Ms Kathrine MacDonald has stepped down from the position of Vice President Corporate Development. Ms MacDonald is a founder of Valley High and will continue to support the efforts of the management team as a member of the Board of Directors.
The Company also wishes to announce that it has granted incentive stock options for the purchase of up to 330,000 common shares at a price of $0.34 per share.
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"
Robert Cameron
President and CEO
For further information please visit Valley High's website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546 or
Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020, www.renmarkfinancial.com
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."
Valley High Reports Discovery Of A New Zone At Cordero Project, Mexico: 170 m grading 63 g/T Ag Eq Including 64 Metres Grading 28.4 g/T Ag, 0.03 g/T Au, 1.01% Zn, And 0.82% Pb (105 g/T Ag Eq)
Table 1: Phase 2 Summary Drill Result
| Hole | Zone | from (m) | to (m) | length (m) | Ag (g/T) | Au (g/T) | Zn (%) | Pb (%) | Ag Eq (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 |
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"
Robert Cameron
President and CEO
For further information please visit Valley High's website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546. or
Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020, www.renmarkfinancial.com
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."
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 |
Figure 1: Drill Plan
Valley High Provides Flume Project Update, Whitegold District, Yukon
The detailed helicopter-borne magnetic gradiometer and VLF-EM survey was flown at a 50 m line spacing for a total of 1,358 line kilometres. The data is currently being processed. Geophysical targets arising from this survey and especially those co-incident with the previously defined, wide spaced, soil geochemical targets will be followed up with a detailed soil geochemical sampling and mapping programme. Field crews are to be mobilized in the first week of June, 2010.
The Flume property lies approximately 60 km south west of Dawson City and is located at the headwaters of Ten Mile Creek, a well known placer mining location as well as the headwater of Sestak Creek. Phelps Dodge Corporation of Canada ("PDC") completed property wide, wide spaced soil sampling, geological mapping, prospecting and limited trenching that defined two main targets, Sestak Creek and Flume Creek, primarily characterized by elevated gold and arsenic soil anomalies with minor anomalous antimony and molybdenum.
Valdez has been granted the right to earn a potential 75% interest in Valley High's Flume property located in the White Gold District of Yukon Territory, Canada. (See news release dated January 23, 2010). On June 24, 2009, Valley High entered into an option agreement with PDC to acquire a 100% interest in the Flume Property. PDC retains a 2% net smelter return royalty of which one half can be repurchased by Valley High for $1 million. 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.
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"
Robert Cameron
President and CEO
For further information please visit Valley High's website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546. or
Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020, www.renmarkfinancial.com
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."
Valley High Reports Drilling At Cordero Project, Mexico: 114 m Grading 126 g/T Ag, 0.49 g/T Au, 0.93% Zn And 2.18% Pb Including 26 m Of 410 g/T Ag, 1.06 g/T Au, 2.92% Zn And 7.06% Pb
- Hole C10-31 at the northern limit of drilling that returned 114 metres grading 126 g/T Ag, 0.49 g/T Au, 0.93% Zn and 2.18% Pb, an interval that includes a high grade interval of 26 metres grading 410.1 g/T Ag, 1.06 g/T Au, 2.92% Zn and 7.06% Pb from newly recognized manto-style mineralization.
- Hole C10-39 at the present southwest corner of the drill grid that returned 136 metres grading 69.6 g/T Ag, 0.52 g/T Au, 0.91 % Zn, 0.97 % Pb in breccia dyke and diatreme hosted mineralization.
Phase two drilling began January 12th and continues with two diamond drill rigs. In addition to the eight holes drilled in 2009, forty-two holes for a total of 15,000 metres have been completed in 2010. Assays results for the eleven most recent holes are summarized below. Sample lengths reported are core intervals and true widths are not known. Analytical results are summarized in Table 1 and hole locations and orientations are presented in Table 2. An updated drill plan maps is presented in Figure 1 and sections will be posted to the Company's website at www.valleyhighventures.com.
Pozo de Plata Diatreme Complex
Drilling at Pozo de Plata is continuing on 50 metres centres surrounding discovery hole C09-05, which was drilled in 2009. The drill pattern now encompasses an area some 350 metres by 325 metres and comprises 27 drill holes with results received for 17 complete holes. Most holes have encountered long intervals of strong poly-metallic values to vertical depths of up to 300m. Select intercepts from the recent drilling that exceed a calculated 30g/T silver equivalent cutoff are presented in Table 1 below. The current assays and core logs indicate the mineralized zone is open in all directions but may be closed off to the east by late mineral, dacite dykes and barren limestone.
All holes cored variable proportions of polylithic diatreme breccia and dyke breccia and bottomed in limestone country rock. Diatremes are comprised of limestone, rhyolite and dacite clasts with fine grained matrix and are intruded by rhyolite breccia dykes (syn-breccia dykes). Mineralization occurs as sphalerite, galena, possible silver sulphosalts and associated pyrite that occur as disseminations and early veins within clasts, within the matrix to clasts and as late cross cutting veins.
Josephine Mine Area- Southeast Extension
Holes C10-23, 25, 32 and 45 were drilled along an east west drill fence on 150 metre hole centers. Holes 23 and 32 returned several wide intervals of mineralization 300 m and 450 m (respectively) east of the Pozo de Plata drill grid within dacite breccia dikes, vein zones and mineralized diatreme breccia. Hole 23 had collectively 240 metres of mineralization in 5 intervals with the one interval of 116 metres that returned grading 49.7 g/T Ag, 0.1 g/T Au, 1.28% Zn and 0.94% Pb. Assays for holes 25 were generally low and over short intervals and results for hole 45 are pending. The mineralization encountered in holes 23 and 32 are north of the main mine trend and in an area not previously tested and may reflect a continuation of the Pozo de Plata geology to the southeast. Additional drilling will further test this area.
Airborne Geophysics
Aeroquest Geophysics is currently mobilizing to Cordero to fly a combined airborne magnetic, EM, and radiometric survey to cover 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 and covers targets that have recently been identified by surface mapping, soil sampling, trenching and limited drilling. It is expected that the geophysical survey results in conjunction with the surface data will lead to additional drill testing of new targets including the Dos Mil Diez Diatreme located two kilometres southwest of Pozo De Plata and the Molina de Viento Caldera Diatreme Complex located a further seven kilometres southwest of Pozo de Plata.
Robert Cameron, President and Chief Executive Officer of Valley High, commented: "We continue to be very pleased with the ongoing results from this latest round of drilling at Cordero. The results from Pozo de Plata support our concept of a near surface bulk-mineable target which the current release indicates that is still open to expansion in many directions. The positive results at Josephina represents a major extension or at least a second mineralized breccia body some 400 metres farther southeast of Pozo."
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. 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, Levon's Vice-President of exploration. 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 Resources Ltd. ("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.
| Hole | Zone | From (m) | To (m) | length (m) | Ag (g/T) | Au (g/T) | Zn (%) | Pb (%) | Ag Eq (g/T) |
|---|---|---|---|---|---|---|---|---|---|
| C10-23 | Josephina | 0 | 16 | 16 | 112.0 | 0.07 | 0.07 | 0.07 | 121 |
| 118 | 128 | 10 | 416.5 | 0.13 | 4.80 | 1.76 | 617 | ||
| 148 | 200 | 52 | 41.1 | 0.06 | 0.92 | 0.59 | 89 | ||
| 214 | 260 | 46 | 16.1 | 0.02 | 0.90 | 0.44 | 57 | ||
| 300 | 416 | 116 | 49.7 | 0.10 | 1.28 | 0.94 | 122 | ||
| C10-24 | Pozo | No significant results. | |||||||
| C10-25 | Josephina | 8 | 16 | 8 | 68.3 | 0.02 | 0.30 | 0.10 | 81 |
| 72 | 80 | 8 | 47.6 | 0.06 | 1.30 | 0.64 | 109 | ||
| C10-26 | Pozo | 0 | 18 | 18 | 16.3 | 0.25 | 0.09 | 0.46 | 49 |
| 130 | 158 | 28 | 67.7 | 0.51 | 0.84 | 0.94 | 154 | ||
| 224 | 270 | 46 | 148.9 | 0.45 | 2.04 | 1.99 | 297 | ||
| 284 | 328 | 44 | 14.6 | 0.24 | 0.36 | 0.33 | 51 | ||
| C10-28 | Pozo | 28 | 46 | 18 | 37.8 | 0.11 | 0.66 | 0.57 | 81 |
| 122 | 192 | 70 | 70.9 | 0.51 | 1.13 | 1.06 | 168 | ||
| 278 | 300 | 22 | 14.0 | 0.20 | 0.30 | 0.28 | 44 | ||
| C10-30 | Pozo | 6 | 20 | 14 | 16.0 | 0.15 | 0.09 | 0.38 | 40 |
| 136 | 322 | 186 | 28.1 | 0.22 | 0.51 | 0.43 | 70 | ||
| 340 | 356 | 16 | 68.7 | 0.23 | 3.03 | 1.55 | 218 | ||
| C10-31 | Pozo | 14 | 32 | 18 | 29.4 | 0.18 | 0.21 | 0.38 | 58 |
| 46 | 128 | 82 | 27.9 | 0.14 | 0.36 | 0.38 | 58 | ||
| 158 | 272 | 114 | 126.0 | 0.49 | 0.93 | 2.18 | 249 | ||
| Incl. 186 | 212 | 26 | 410.1 | 1.06 | 2.92 | 7.06 | 772 | ||
| C10-32 | Josephina | 230 | 288 | 58 | 91.8 | 0.10 | 1.99 | 1.09 | 188 |
| C10-33 | Pozo | 12 | 58 | 46 | 21.0 | 0.09 | 0.20 | 0.28 | 40 |
| 94 | 110 | 16 | 28.2 | 0.11 | 0.31 | 0.39 | 56 | ||
| 124 | 198 | 74 | 65.9 | 1.04 | 0.80 | 1.28 | 196 | ||
| 224 | 246 | 22 | 47.8 | 1.08 | 0.19 | 0.87 | 151 | ||
| 284 | 328 | 44 | 21.1 | 0.13 | 0.18 | 0.33 | 44 | ||
| C10-34 | Pozo | 16 | 62 | 46 | 17.2 | 0.07 | 0.35 | 0.21 | 38 |
| C10-35 | Pozo | Assays pending. | |||||||
| C10-39 | Pozo | 32 | 168 | 136 | 69.6 | 0.52 | 0.91 | 0.97 | 159 |
| 232 | 274 | 42 | 22.9 | 0.26 | 0.10 | 0.38 | 55 | ||
| C10-40 | Pozo | Assays pending. | |||||||
* 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 and assumed net metal recoveries (metallurgical and smelter deductions) of 70% for silver and gold and 50% for zinc and lead. Actual metal recoveries have not been determined.
Table 2: Drill Hole locations (co-ordinates in CONUS Nad 27, UTM zone 13)
| HoleID | Xm | Ym | Zm | Length_m | Azimuth | Dip |
|---|---|---|---|---|---|---|
| C10-23 | 443074 | 3014029 | 1568 | 500.6 | 0 | -60 |
| C10-24 | 442755 | 3014092 | 1552 | 501.7 | 0 | -60 |
| C10-25 | 442926 | 3014038 | 1562 | 500.4 | 0 | -60 |
| C10-26 | 442706 | 3014146 | 1554 | 488.8 | 0 | -60 |
| C10-28 | 442754 | 3014145 | 1552 | 463.1 | 0 | -60 |
| C10-30 | 442752 | 3014199 | 1586 | 398.7 | 0 | -60 |
| C10-31 | 442698 | 3014250 | 1587 | 392.6 | 351 | -60 |
| C10-23 | 443074 | 3014029 | 1568 | 500.6 | 350 | -60 |
| C10-33 | 442700 | 3014200 | 1575 | 341.8 | 348 | -60 |
| C10-34 | 442600 | 3014100 | 1575 | 267.0 | 348 | -60 |
| C10-35 | 442600 | 3014100 | 1575 | 494.1 | 0 | -90 |
| C10-36 | 442650 | 3014300 | 1580 | 319.7 | 320 | -60 |
| C10-37 | 442650 | 3014300 | 1580 | 420.0 | 354 | -60 |
| C10-39 | 442600 | 3014050 | 1580 | 661.0 | 0 | -60 |
| C10-40 | 442600 | 3014200 | 1548 | 490.9 | 0 | -60 |
| C10-46 | 442750 | 3014250 | 1592 | 374.0 | 0 | -60 |
| C10-47 | 442800 | 3014150 | 1600 | 285.0 | 0 | -60 |
| C10-48 | 442549 | 3014100 | 1574 | 500.0 | 0 | -60 |
VALLEY HIGH VENTURES LTD.
"Robert Cameron"
Robert Cameron
President and CEO
For further information please visit Valley High's website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546. or
Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020, www.renmarkfinancial.com
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."
Figure 1 Drill Plan
Valley High Strengthens Team With Appointment Of Vice President Of Exploration And Grants Options
Robert Cameron, President and CEO of Valley High comments, "We are very pleased to welcome David to our team at Valley High. We continue to advance the Cordero project in Mexico and intend to expand our project portfolio in Mexico as well as Canada. David's role will be instrumental in the future growth and success of the company."
The board of directors has granted 750,000 stock options under the company's stock option plan to directors, officers and employees, subject to regulatory approval. The options are exercisable at a price of $0.65 per common share and expire on April 14, 2015. Of these options, 500,000 are subject to vesting requirements which provide that one-third of the options granted will vest immediately, one-third will vest in one year and one-third will vest in two years. The remainder is subject to vesting provisions whereby one third will vest in 6 months, one third in 18 months and one third in 30 months.
About Valley High:
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.
VALLEY HIGH VENTURES LTD.
"Robert Cameron"
Robert Cameron
President and CEO
For further information please visit Valley High's website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546.
Renmark Financial Communications Inc.
Barry Mire: bmire@renmarkfinancial.com
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020, www.renmarkfinancial.com
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."