Valley High Ventures Ltd. Announces Drill Results for Cordero Silver, Gold, Zinc and Lead, Porphyry District in Mexico

Strategic Insights -

Valley High Ventures Ltd., a Canadian-based precious and base metal exploration company, is pleased to announce the results of drill hole C10-41 from the phase 2 drill program at the Cordero silver, gold, zinc and lead, porphyry district in Mexico. The results show long intervals of elevated silver, zinc and lead over the entire 503.45 meter length of the drill hole. The Cordero project is being evaluated for large bulk mineable silver, gold, zinc and lead deposits.

Key Takeaways:

  • Drill hole C10-41 is located approximately 1,350 meters northeast of the Pozo De Plata zone and returned long intervals of elevated silver, zinc and lead over its entire 503.45 meter length.
  • The hole was lost in broken but still mineralized rock, indicating the presence of a larger mineralized igneous intrusive body at depth.
  • The Cordero Porphyry Belt comprises a series of nested, altered and mineralized igneous intrusive bodies (stocks) with associated elevated Ag, Au, Zn, and Pb rock chip and soil sample anomalies.
  • The Eastern Contact Zone of the Cordero Felsic Volcanic Dome Complex is thought to be the source of the mineralization.
  • The current phase 2 drilling program has completed 57 holes (17,640 meters) with two diamond drill rigs.
  • The airborne geophysics survey, completed by Aeroquest Geophysics, has identified multiple targets within the Cordero Porphyry Belt.
  • The joint venture partners, Valley High and Levon, are currently funding the exploration program and working towards the formation of a joint venture.
  • The Cordero project is a wholly-owned subsidiary of Valley High, with claims and consolidated land agreements totaling over 20,000 hectares.

Statistics:

  • 503.45 meters of drill hole length with elevated silver, zinc and lead
  • 57 holes completed (17,640 meters) in the phase 2 drilling program
  • 100 meter line spacing used in the airborne geophysics survey
  • Over 20,000 hectares of claims and consolidated land agreements held by Valley High
  • Current phase 2 drilling program includes two diamond drill rigs
  • Elevated Ag, Au, Zn, and Pb rock chip and soil sample anomalies associated with the Cordero Porphyry Belt
  • The Cordero project has a 51% interest held by Levon, with Valley High holding a 49% interest.

Sources:

  • Marketwire via COMTEX (MARKETWIRE via COMTEX) -- Valley High Ventures Ltd. ("Valley High") (TSX VENTURE: VHV)
  • Valley High Ventures Ltd. (About Valley High Ventures Ltd.)
  • Aeroquest Geophysics
  • Levon Resources Ltd. ("Levon")
  • National Instrument 43-101