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West High Yield (W.H.Y.) Resources announces private placement

CALGARY, ALBERTA, – May 3, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) today announced that the Company has entered into an agreement with IBK Capital Corp. (“IBK”) under which IBK has agreed to act as agent of West High Yield to raise, on a best-efforts basis, up to $2,925,000 million in Canadian dollars through the sale of units (“Units”) at an offering price of $0.65 per Unit.

Each Unit will consist of one common share of West High Yield and one-half of one common share purchase warrant. Each whole warrant will be exercisable for one common share at a price of $1.00 per share for a period 2 years from the closing date provided that if during the exercise period of the warrants, the common shares of West High Yield trade at or above $1.50 for a period of 20 consecutive trading days, West High Yield may notify the holders of the warrants and issue a press release that the expiry of the warrants will be amended to 30 days from the date of the notice.

West High Yield will pay IBK a commission and will issue compensation warrants.

The offering is scheduled to close on or about May 8, 2007 and is subject to certain conditions, including, but not limited to, satisfactory due diligence and the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

Proceeds from the offering are to be used for working capital, to fund exploration work on the Rossland project and to acquire neighbouring claims.

This press release does not constitute an offer to sell securities or a solicitation of an offer to buy the securities in the United States. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements.

West High Yield is a junior 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 Craig G. Robson

President and Chief Executive Officer Vice President, Corporate Development West High Yield (W.H.Y.) Resources and Investor Relations

28 Arbour Lake Drive, NW West High Yield (W.H.Y.) Resources

Calgary, Alberta T3G 3N8 Suite 620, 800 West Pender Street

Telephone: (403) 283-5555 Vancouver, BC V6C 2V6

Facsimile: (403) 206-7159 Telephone: (604) 868-7961

Facsimile: (604) 274-1431

Email: [email protected] Email: [email protected] [email protected]

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.