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03.09.2009
Valley High Ventures Ltd.: TRENCHING EXPANDS TARGETS AT CORDERO PROJECT, MEXICO
Valley High Ventures Ltd.: TRENCHING EXPANDS TARGETS AT CORDERO PROJECT, MEXICO
September 2, 2009. Valley High Ventures Ltd. (“Valley High”) (TSXV Symbol VHV.V) and joint venture partner Levon Resources Ltd. (“Levon”) (TSXV Symbol LVN.V) are pleased to report additional trenching results from the Cordero silver, gold, zinc, lead, porphyry district located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico.
Four trenches were laid out to test for extensions of the high values encountered in the Pozo de Plata trench (see news release dated June 9, 2009), to test zones of high chargeability as outlined by the recent IP survey and to excavate and expose bedrock near areas of recent artisanal mining. In general, all trenches encountered widespread high-background levels of silver with local enrichments of gold, lead and zinc and attest to the bulk tonnage potential of this large property. Trench 2 for example averaged over its entire 715 metre length (about 640 m true width), 13.99 g Ag/T, 0.029 g Au/T, 872 ppm Zn, 1313 ppm Pb. Key intervals of the trenches that exceed an approximately 10 ppm Ag cutoff are tabulated below. The highest results from the Pozo de Plata trench are included for comparison.
Please find the table with the results under the following link: http://www.irw-press.com/dokumente/VHV_Tabelle_020909.pdf
Trenches 1 and 2 are located from 318 to 536 metres northeast of the Pozo De Plata trench. Trench 1 branches out from trench 2 at the 465 metre mark of trench 2. The highest silver values are associated with rhyolite and diatreme breccias and contact zones with limestone country rocks and are accompanied by elevated lead and zinc and occasional gold. One sample returned 5 metres grading 1170 g Ag/T, 0.2 g Au/T, 7.7% Zn and 20% Pb. Trench 2 returned several long intervals of elevated silver including one section that returned 135 metres grading 21.8 g Ag/T.
Trench 3 is located 880 metres northeast of trench 2 and is centred near a recent and active artisanal mine called San Luis. On the San Luis mine dump, a sample of rhyolite porphyry containing no veins and 3-5% disseminated pyrite, very fine disseminated sphalerite and intergrown silver sulfosalts assayed 138 g/T Ag. This rhyolite porphyry contains mineralized centimeter-sized fragments (xenoliths) of dacite porphyry characterized by 5-7% disseminated sphalerite and intergrown silver sulfosalt minerals (tetrahedrite?). The presence of mineralized coarser grained xenoliths is interpreted as evidence of a deeper mineralized dacite porphyry at depth that may correspond with a widespread deep chargeability anomaly currently modeled at 300 metres depth.
Trench 4 is located 790 metres east of trench 2 and 550 metres south of trench 3. It is hosted in rhyolite near several artisanal mine workings.
Results from trench 1 and 2 have successfully expanded the new Pozo de Plata target an additional 600 metres to the northeast. The target remains open to the south and west. These trench samples are mostly oxidized and fresh sulphides were rarely encountered. At Cordero the depth of oxidation is variable and may extend from 20 metres to over 80 metres depth. Preparation has begun for a drill program to test these targets, including an initial drill test of the Pozo De Plata target, that’s expected to begin in early September.
Trenches were excavated with a bulldozer to depths of 1 to 2 metres and sampled continuously through 5 m intervals. Sample intervals were photographed and mapped according to best industry practices. 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, zinc and lead were analyzed as part of a multi-element inductively coupled argon plasma (“ICP”) package using a four acid digestion.
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 wherein Levon may earn a 51% by spending Cdn $1,250,000. 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.
VALLEY HIGH VENTURES LTD.
“Robert Cameron”
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.
For further information please visit Valley High’s website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546.
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."
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA9199081030
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
September 2, 2009. Valley High Ventures Ltd. (“Valley High”) (TSXV Symbol VHV.V) and joint venture partner Levon Resources Ltd. (“Levon”) (TSXV Symbol LVN.V) are pleased to report additional trenching results from the Cordero silver, gold, zinc, lead, porphyry district located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico.
Four trenches were laid out to test for extensions of the high values encountered in the Pozo de Plata trench (see news release dated June 9, 2009), to test zones of high chargeability as outlined by the recent IP survey and to excavate and expose bedrock near areas of recent artisanal mining. In general, all trenches encountered widespread high-background levels of silver with local enrichments of gold, lead and zinc and attest to the bulk tonnage potential of this large property. Trench 2 for example averaged over its entire 715 metre length (about 640 m true width), 13.99 g Ag/T, 0.029 g Au/T, 872 ppm Zn, 1313 ppm Pb. Key intervals of the trenches that exceed an approximately 10 ppm Ag cutoff are tabulated below. The highest results from the Pozo de Plata trench are included for comparison.
Please find the table with the results under the following link: http://www.irw-press.com/dokumente/VHV_Tabelle_020909.pdf
Trenches 1 and 2 are located from 318 to 536 metres northeast of the Pozo De Plata trench. Trench 1 branches out from trench 2 at the 465 metre mark of trench 2. The highest silver values are associated with rhyolite and diatreme breccias and contact zones with limestone country rocks and are accompanied by elevated lead and zinc and occasional gold. One sample returned 5 metres grading 1170 g Ag/T, 0.2 g Au/T, 7.7% Zn and 20% Pb. Trench 2 returned several long intervals of elevated silver including one section that returned 135 metres grading 21.8 g Ag/T.
Trench 3 is located 880 metres northeast of trench 2 and is centred near a recent and active artisanal mine called San Luis. On the San Luis mine dump, a sample of rhyolite porphyry containing no veins and 3-5% disseminated pyrite, very fine disseminated sphalerite and intergrown silver sulfosalts assayed 138 g/T Ag. This rhyolite porphyry contains mineralized centimeter-sized fragments (xenoliths) of dacite porphyry characterized by 5-7% disseminated sphalerite and intergrown silver sulfosalt minerals (tetrahedrite?). The presence of mineralized coarser grained xenoliths is interpreted as evidence of a deeper mineralized dacite porphyry at depth that may correspond with a widespread deep chargeability anomaly currently modeled at 300 metres depth.
Trench 4 is located 790 metres east of trench 2 and 550 metres south of trench 3. It is hosted in rhyolite near several artisanal mine workings.
Results from trench 1 and 2 have successfully expanded the new Pozo de Plata target an additional 600 metres to the northeast. The target remains open to the south and west. These trench samples are mostly oxidized and fresh sulphides were rarely encountered. At Cordero the depth of oxidation is variable and may extend from 20 metres to over 80 metres depth. Preparation has begun for a drill program to test these targets, including an initial drill test of the Pozo De Plata target, that’s expected to begin in early September.
Trenches were excavated with a bulldozer to depths of 1 to 2 metres and sampled continuously through 5 m intervals. Sample intervals were photographed and mapped according to best industry practices. 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, zinc and lead were analyzed as part of a multi-element inductively coupled argon plasma (“ICP”) package using a four acid digestion.
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 wherein Levon may earn a 51% by spending Cdn $1,250,000. 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.
VALLEY HIGH VENTURES LTD.
“Robert Cameron”
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.
For further information please visit Valley High’s website at www.valleyhighventures.com or contact Robert Cameron, at (604) 682 5546.
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."
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA9199081030
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.