CALGARY, ALBERTA, – January 19, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that it has received its most recent assay result from holes SR06-12, SR06-14, SR06-15 and SR06-16. Significant gold values were returned from holes SR06-15 which returned 8.59 gram per tonne gold over 10 feet (3.048 meters) and hole SR06-16 which returned 15.89 gram per tonne gold over 13 feet (3.96 meters). The holes reported on formed part of the Company’s 21 hole drill program designed to test the gold mineral potential of its Rossland Gold properties. The Company’s 2006 diamond drilling programs completed in the 3 crown granted claims (Midnight, IXL and OK) are summarized in the following table:
CLAIM | DRILLSITE | TARGET | DRILLING |
Midnight | 1, 2 and 3 | Lower extensions of the easterly striking veins of the Midnight 3100 level | 12 holes totalling 5,197 feet |
4 | No. 1 vein down dip below the Midnight
3100 level at the northern extremity |
3 holes totalling 1,174 feet | |
IXL | 5 | Lower extensions of the easterly striking veins of
the IXL workings |
3 holes totalling 1,847 feet |
OK | 6 | Lower extensions of the easterly striking veins of the OK workings | 3 holes totalling 1,856 feet |
TOTAL | 21 holes totalling
10,074 feet |
The assay results reported in the tables below by the Company include the 4 recently assayed drill holes and updated information for the 11 holes previously reported and include intercepted core length and true widths.
RESULTS OF DRILLING
SIGNIFICANT GOLD INTERSECTIONS
CLAIM | SITE | DRILLHOLE | FROM
ft |
TO
ft |
DRILLED WIDTH
ft |
TRUE WIDTH ft | GRADE Au
g/t |
1 | SR06-1 | 129
305 |
155
311 |
23
6 |
17
4.6 |
3.53
11.23 |
|
SR06-2 | 187 | 199 | 12 | 8.5 | 4.8 |
Midnight | SR06-3 | 58.5
152 |
61
155 |
2.5
3 |
1.6
2.2 |
21.5
40.1 |
|
2 | SR06-4 | 127.2
135.7 174.1 |
130.7
140.7 179.0 |
5.5
5 4.9 |
2.5
4 3 |
1.01
1.35 1.03 |
|
SR06-5 | 215
341 |
248
346 |
32
5 |
22
5 |
3.68
18.15 |
||
3
3 |
SR06-6 | 60 | 63 | 3 | 2 | 51 | |
SR06-7 | 56
76 86 |
66
81.5 91 |
10
5.5 5 |
7
4 3.8 |
15
14.7 14.3 |
||
SR06-8 | 120.5
120.5 |
136
126.5 |
15.5
3.5 |
7.5
2 |
34.8
75 |
||
SR06-9 | 66 | 73 | 7 | 4.5 | 4.36 | ||
SR06-10 | 152
183.8 |
158
187 |
6
3.2 |
3
1.8 |
3.92
4.44 |
||
SR06-11 | 72.5
92.5 |
96
96 |
23.5
3.5 |
10.2
2.3 |
10.2
40.9 |
||
SR06-21 | Not as yet Assayed | ||||||
SR06-12 | 340 | 347.3 | 7.3 | 5 | 0.73 | ||
SR06-13 | Assay in progress | ||||||
SR06-19 | Assay in progress | ||||||
IXL | 5 | SR06-14 | 232
444 458 |
235
449 460 |
3
5 |
2.3
3.5 |
1.05
1.32 |
SR06-15 | 91
121 |
96.5
131 |
5.5
10 |
3
5.5 |
4.49
8.59 |
||
SR06-16 | 76
121 |
91
133 |
15
13 |
10
8.5 |
5.94
15.86 |
||
OK | 6 | SR06-17 | Assay in progress | ||||
SR06-18 | Assay in progress | ||||||
SR06-20 | Assay in progress |
West High Yield Resources is a junior mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold properties.
For further information please contact:
Frank Marasco
President and Chief Executive Officer West High Yield (W.H.Y.) Resources Ltd. 28 Arbour Lake Drive N.W.,
Calgary, Alberta T3G 3N8 Telephone: (403) 660-3488
Facsimile: (403) 206-7159
Email: [email protected]
Craig G. Robson
Vice President, Corporate Development and Investor Relations
West High Yield (W.H.Y.) Resources Ltd. Suite 520, 700 West Pender Street Vancouver, B.C. V6C 2T8
Telephone: (604) 685-5851 or 888-685-5851
Facsimile: (604) 685-7349
Email: [email protected] or [email protected]
READER ADVISORY
Certain information regarding the Company including management’s assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers and ability to access sufficient capital from internal and external sources. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Not for dissemination in the United States or to U.S. persons.