Categories
2011 News Release

Wet High Yield announces positive 2011 drill results

CALGARY, ALBERTA. December 5, 2011. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that it has completed the drilling and testing of 26 NQ drill holes, aggregating 4,000 metres and conducted 2,087 assays of the drill cores in its 2011 resource definition drill program on its Record Ridge Magnesium Property, located near Rossland, British Columbia.  The Company previously reported the results of its 2007 and 2008 Record Ridge drill program consisting of 51 NQ diamond drill holes aggregating 6,340 metres with 3,874 assays and the early results for 17 drill holes on its 2011 program.  Based on all drill core results achieved to date, the Company is now proceeding with a NI 43-101 Preliminary Economic Assessment (“PEA”) Report in respect of the Company’s Record Ridge Magnesium Project.  The PEA is being prepared by SRK Consulting Engineers of Denver, Colorado and the Company anticipates that the (PEA) will be completed in early 2012. Upon completion of the PEA and provided that the Company continues to see a continuation of the positive results in its drilling, testing and metallurgical programs, the Company plans to proceed with Pre-feasibility and Feasibility Studies on its Record Ridge Magnesium Project.

The Company’s two previous reports presented the results of 17 holes (RRS 11-1 through RRS 11-17) from its 2011 drill program.  The Company has now received the assay results of the last nine (9) drill holes.  All drill holes intersected broad zones of magnesium bearing ultramafic rock.  RRS 11-19 intersected several zones of magnesium bearing ultramafic rocks mixed with intervened sub-volcanic and intrusive dykes, followed by a 53.4 metre thick, broad zone carrying 24.5% Magnesium.  The other six (6) holes all intersected broad zones of significant magnesium bearing ultramafic rock (serpentinite). Of noteworthy interest are holes RRS 11-20, RRS 11-23 and RRS 11-25, all of which yielded 152.4 metres of 23.0% to 24.0% magnesium from the surface.  The Company is very encouraged by the results to date.  The newly received assay results are set out in detail in the table below and the map attached to this news release identifies the location of the drill holes from the programs from 2007, 2008 and the recently completed 2011 program.

DDH  # Depth (Metres) Length (True Width) (Metres) Magnesium % Rock Type
From To
RRS 11-18 0.6 89.6 89.0 22.8 Serpentinite including  one dyke
(1.9 m)
89.6 106.8 17.2 1.98 Monzosyenite
106.8 127.5 20.7 15.0 Serpentinized Andesite
127.5 150.1 22.6 N/A Monzosyenite –not sampled
RRS 11-19 4.0 10.8 6.8 19.3 Serpentinite
10.8 34.5 23.7 5.94 Monzosyenite and Diagabbro
34.5 74.3 39.8 23.2 Serpentinite
74.3 78.6 4.3 4.47 Diagabbro
78.6 80.7 2.1 20.4 Serpentinite
80.7 99.0 18.3 N/A Monzosyenite –not sampled
99.0 152.4 53.4 24.5 Serpentinite
RRS 11-20 0 152.4 152.4 24.0 Serpentinite including  one dyke
(1.4 m)
RRS 11-21 0 20.2 20.2 22.5 Serpentinite
20.2 38.3 18.1 2.73 Diagabbro
38.3 152.4 114.1 22.2 Serpentinite including  two dykes
(2 m and 3.7m)
RRS 11-22 0 70.4 70.4 23.0 Serpentinite
79,4 83.9 13.5 6.4 Monzosyenite and Diagabbro
83.9 152.4 68.5 24.2 Serpentinite
RRS 11-23 0 152.4 152.4 23.5 Serpentinite including  one dyke
(1.7 m)
RRS 11-24 4.0 21.9 17.9 22.4 Serpentinite
21.9 29.0 7.1 5.0 Diagabbro
29.0 118.6 89.6 24.5 Serpentinite
118.6 137.8 19.2 6.52 Monzosyenite and Diagabbro
RRS11-25 0 152.4 152.4 23.0 Serpentinite including  two dykes
(0.4m and 2m)
RRS11-26 4.9 12.9 8.0 8.28 Diagabbro
12.9 106.3 93.4 21.3 Serpentinite including  one dyke (2 m)
106.3 120.3 14.0 5.59 Diagabbro
120.3 152.4 32.1 20.1 Serpentinite

The Company also advises that it has applied for the recovery of up to $650,000 pursuant to the BC Mining Tax Credit Program and anticipates receiving the first tranche of $500,000 in the early part of 2012.  In North America, Magnesium sells for $2.20 U.S. per pound.

About the Company

West High Yield is a publicly traded 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, nickel and magnesium properties. The Company’s operations are currently being conducted on its Rossland Gold Camp property located 2.5 kilometers west of the town of Rossland, B.C. The Company controls approximately 6,223 contiguous hectares of mineral and crown granted claims and is exploring for gold on its primary properties which are the Midnight, OK and IXL crown grants and for magnesium on the Company’s Ivanhoe Ridge, Hidden Valley and Record Ridge properties.

For further information please contact:
Frank Marasco
President and Chief Executive Officer
West High Yield (W.H.Y.) Resources Ltd.
Calgary, Alberta
Telephone: (403) 660-3488
Facsimile: (403) 206-7159
Email: [email protected]
Dwayne Vinck
Chief Financial Officer
West High Yield (W.H.Y.) Resources Ltd.
Calgary, Alberta
Telephone: (403) 257-2637
Facsimile: (403) 206-7159
Email:  [email protected]

READER ADVISORY

Neither the 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.

Not for dissemination in the United States or to US persons.

Categories
2011 News Release

West High Yield announces latest drill results

Calgary, Alberta, October 27, 2011 – West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that it has completed its 2011 resource definition drill program on its Record Ridge magnesium property, located near Rossland, British Columbia. In the 2011 program, the Company drilled and completed 26 NQ diamond drill holes totalling 4,000 metres.  The Company previously reported the results of 10 holes (RRS 11-1 through 10) and the Company has now received the assay results for 7 additional drill holes.  All drill holes intersected broad zones of magnesium bearing ultramafic rock (serpentinized dunite, wehrlite and lehzolite-simply named serpentinite).  RRS 11-11 mainly intersected monzosyenite and RRS 11-13 intersected several zones of magnesium bearing ultramafic rocks mixed with intervened sub-volcanic and intrusive dykes.  The other five (5) holes all intersected broad zones of rich magnesium bearing ultramafic rock (serpentinite). Of noteworthy interest is hole RRS 11-16 which yielded 150.3 metres of 24.7 % magnesium.  The remaining assay results will be available by the end of November.  The chart below summarizes the results for the recent 7 holes and the map attached as a schedule to this news release identifies the location of the drill holes from the programs from 2007, 2008 and the current 2011 program.

DDH  #
Depth (Metres)
Length(Metres)
(True Width)
Magnesium
%
Rock Type
From
To
RRS 11-11
4.0
10.3
6.3
2.41
Monzosyenite
10.3
13.6
3.3
20.7
Serpentinite
13.6
38.5
24.9
3.38
Monzosyenite
38.5
43.2
4.7
20.1
Serpentinite
43.2
87.5
44.3
N/A
Monzosyenite- not sampled
RRS 11-12
0
38.1
38.1
21.3
Serpentinite
38.1
46.9
8.8
3.4
Monzosyenite
46.9
128.4
81.5
21.2
Serpentinite including  two dykes (1 m and 1.7m)
128.4
138.7
10.3
N/A
Monzosyenite –not sampled
RRS 11-13
2.4
31.9
29.5
23.6
Serpentinite
31.9
44.3
12.4
2.4
Monzosyenite
44.3
80.9
36.6
20.9
Serpentinite
80.9
104.5
23.6
2.0
Monzosyenite
104.5
115.1
10.6
23.2
Serpentinite
115.1
124.3
9.2
3.0
Diagabbro
124.3
131.0
6.7
22.8
Serpentinite
131.0
141.3
10.3
2.0
Monzosyenite
141.3
151.8
10.5
24.4
Serpentinite
RRS 11-14
2.4
152.4
150.0
23.7
Serpentinite
RRS 11-15
1.5
47.6
46.1
23.1
Serpentinite
47.6
56.0
8.4
7.6
Monzosyenite
56.0
152.4
96.4
24.0
Serpentinite
RRS 11-16
2.1
152.4
150.3
24.7
Serpentinite including  one dyke (2,8 m)
RRS 11-17
2.4
55.2
52.8
23.4
Serpentinite
55.2
67.0
11.8
2.8
Monzosyenite and Diagabbro
67.0
152.4
85.4
25.5
Serpentinite

The Company also advises that it previously reported that it is proceeding with an NI 43-101 Preliminary Economic Assessment (PEA) Report in respect of the Company’s Record Ridge magnesium project. The 2011 drill program will provide additional geotechnical data for the PEA and has expanded the grid over the Company’s magnesium discovery. The PEA is being prepared by SRK Consulting Engineers of Denver, Colorado and after additional metallurgical studies the Company anticipates that the PEA will be completed in the first quarter of 2012. The Company also plans to proceed with Pre-feasibility and Feasibility studies on its Record Ridge magnesium project. It should be noted that the applications and uses of magnesium have increased in the past few years particularly in battery technology, automobiles, aircraft and other technology applications. The current price for magnesium in North America is $5,200 per tonne.

About the Company

West High Yield is a publicly traded 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, nickel and magnesium properties. The Company’s operations are currently being conducted on its Rossland Gold Camp property located 2.5 kilometers west of the town of Rossland, B.C. The Company controls approximately 6,223 contiguous hectares of mineral and crown granted claims and is exploring for gold on its primary properties which are the Midnight, OK and IXL crown grants and for magnesium on the Company’s Ivanhoe Ridge, Hidden Valley and Record Ridge properties.

Neither the 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.

CONTACT INFORMATION:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
Fax: (403) 206-7159
[email protected]

or

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
Fax: (403) 206-7159
[email protected]

Categories
2011 News Release

West High Yield announces magnesium development plans and early results from 2011 drill program

September 29, 2011

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE:WHY) (“West High Yield” or the “Company”) announces that it has drilled and completed 22 drill holes of 26 planned holes in the Company’s 2011 resource definition drill program on its Record Ridge magnesium property, located in Rossland, British Columbia. Upon completion of the 2011 drill program, the Company will proceed with a NI 43-101 Preliminary Economic Assessment (PEA) Report in respect of the Company’s Record Ridge Magnesium Project. The objectives of the 2011 drill program are to provide geotechnical data for the PEA, expand the grid over the Company’s 2007 and 2008 magnesium discovery and to investigate the limits of the Company’s magnesium deposit found to date. The PEA is being prepared by SRK Consulting Engineers of Denver, Colorado and the Company anticipates that the PEA will be completed in early 2012. Upon completion of the PEA and provided that the Company continues to see favourable and positive results in its drilling, testing and metallurgical programs, the Company plans to proceed with Pre-feasibility and Feasibility Studies on its Record Ridge Magnesium Project.

The Company previously reported the results of its 2007 and 2008 Record Ridge drill program consisting of 51 NQ diamond drill holes totalling 6,340 meters with 3,874 assays. The Company also reported that it obtained a NI 43-101 Report on this property with indicated and measured resources aggregating 9,160,000 metric tonnes of magnesium based on the 2007 and 2008 drilling results. The analytical work for the drill program is being conducted by SGS Canada Inc. and ALS Minerals, both of Vancouver, BC. As a QA/QC grade control, selected one-half drill core cut duplicates were tested by ALS Minerals and Acme Analytical Laboratories Ltd. The accompanying map illustrates the 26 planned holes for the 2011 drill program in relation to the 51 holes drilled on the Record Ridge Magnesium Project in 2007 and 2008.

The Company has now received the assay results of the initial 10 drill holes from the 2011 drill program. The first two holes, RRS 11-01 and RRS 11-02 were drilled to confirm an intrusive (waste rock), which was indicated in the earlier drilling program and lying between the southern and northern deposits. The other 8 holes intersected broad zones of rich magnesium bearing ultramafic rock (serpentenized dunite, wehrlite and lehzolite – simply named serpentinite). The holes RRS 11-03 to RRS 11-06 were step-out holes 100 metres to the west of the previous drilling on the northern deposit. Of particular interest is hole RRS 11-04 which yielded 152.4 metres from surface grading 24% magnesium. Holes RRS 11-7 to RRS 11-10 indicated good values extending 800 metres to the north of the previous drilling limit. In this series, RRS 11-08 indicated 151.8 metres of 23.7% magnesium. The drilling has not tested the depth of the serpentinite and based upon the results to date, management believes that the magnesium bearing serpentinite remains open to depth and extends to the north and the west. The Company is currently drilling its 23rd hole and will drill 3 more to complete the 2011 program. All drilling should be completed by the end of October and full assay results will be delivered by the end of November. The assay results are set out in detail in the table below.

DDH # Depth (metres) Length (True Magnesium Rock Type
From To Width) (metres ) %
Basaltic andesite to
RRS 11-1 3.0 165.4 162.4 7.58 Diagabbro
165.4 185.6 20.2 22.3 Serpentinite
RRS 11-2 3.0 244.4 241.4 2.9 Monzosyenite and Diagabbro
RRS 11-3 2.1 153.2 151.1 22.2 Serpentinite
153.2 175.9 22.7 4.7 Monzosyenite
RRS 11-4 0 152.4 152.4 24.0 Serpentinite
RRS 11-5 2.1 125.4 123.3 21.6 Serpentinite
5.2 23.1 17.9 17.3 Sheared/faulted serpentinite
RRS 11-6 23.1 28.2 5.1 6.9 Diagabbro
28.2 143.9 115.7 23.1 Serpentinite
0.6 54.6 54.0 23.0 Serpentinite
RRS 11-7 54.6 78.7 24.1 8.1 Diagabbro
78.7 152.4 73.7 26.1 Serpentinite
RRS 11-8 0.6 152.4 151.8 23.7 Serpentinite
RRS 11-9 0.6 149.3 148.7 23.4 Serpentinite
1.5 40.9 39.4 22.5 Serpentinite
40.9 49.8 8.9 5.8 Diagabbro
RRS 11-10 49.8 88.0 38.2 22.0 Serpentinite
88.0 96.0 8.0 2.5 Diagabbro
96.0 152.4 56.4 23.7 Serpentinite

About the Company

West High Yield is a publicly traded 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, nickel and magnesium properties. The Company’s operations are currently being conducted on its Rossland Gold Camp property located 2.5 kilometers west of the town of Rossland, B.C. The Company controls approximately 6,223 contiguous hectares of mineral and crown granted claims and is exploring for gold on its primary properties which are the Midnight, OK and IXL crown grants and for magnesium on the Company’s Ivanhoe Ridge, Hidden Valley and Record Ridge properties.

45,320,394 Common Shares Issued

READER ADVISORY

Neither the 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.

Contact Information

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
[email protected]

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
[email protected]

Categories
2011 News Release

West High Yield announces closing of private placement with the MineralFields Group, release of first quarter results and operations update

CALGARY, ALBERTA–(Marketwire – June 30, 2011) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE:WHY) (“West High Yield” or the “Company”) is pleased to announce that it has closed the previously announced non-brokered private placement of 2,500,000 units (the “Units”) at a price of $0.40 per Unit each to the MineralFields Group for aggregate proceeds of $1,000,000 (the “Offering”).

“We are very pleased to be entering into this relationship with MineralFields Group”, said Frank Marasco, Jr., President and Chief Executive Officer. “This is an important milestone in the growth of West High Yield and we look forward to working with MineralFields Group as we further develop our Record Ridge South property near Rossland, British Columbia.”

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Montreal, Vancouver and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. The sector focus is on gold and precious metals, base metals, rare earths and lithium, potash, uranium, oil, coal and gas. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®, and have raised over $1 billion in their 10 year history.

The Company also announces the release of its financial report and the Management Discussion and Analysis (“MD&A”) for the three months ended March 31, 2011. The financial report and related MD&A for the three months ended March 31, 2011 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com. The Company advises shareholders and investors that the consolidated financial report and MD&A are now being presented in accordance with the new International Financial Reporting Standards (“IFRS”), with a restatement of comparative results achieved in Q1 2010. This change to IFRS does not affect the Company’s operations and will be the basis for all future financial reporting of the Company.

The Company also advises that it plans to continue its core drilling program on its substantial magnesium resource at its Record Ridge South property near Rossland, B.C., in order to delineate and expand the exploration grid on the property and collect additional geotechnical data. The Company has obtained a NI 43-101 Reserve Report prepared by SRK Consulting(“SRK”) of Denver, Colorado which indicates 9,160,000 gross tonnes of magnesium (7,145,000 tonnes recoverable) based upon core results obtained in previous drilling programs on the property. The Company plans to drill up to 30 additional drill cores in its 2011 Summer program and will conduct metallurgical testing of the cores in order to allow SRK to complete a scoping level economic evaluation (“PEA”) of the Company’s resource.

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

45,320,394 Common Shares Issued.

Neither the 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.

 

Contact Information

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
[email protected]

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
[email protected]

Categories
2011 News Release

West High Yield announces private placement

CALGARY, ALBERTA–(Marketwire – June 24, 2011) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE:WHY) (“West High Yield” or the “Company”) is pleased to announce a proposed non-brokered private placement of up to $1,000,000 through the sale of up to 2,500,000 flow-through units (the “Units”) at a price of $0.40 each. Each Unit will consist of one (1) common share (“Common Share”) in the capital of the Corporation issued on a flow-through basis and one (1) common share purchase warrant (“Warrant”). Each Warrant will entitle the holder to purchase one Common Share of the Corporation for a period of twenty four (24) months the (“Warrant Exercise Period”) at an exercise price of $0.60 in year 1 and $0.75 in year 2.

A finder’s fee consisting of cash in the amount of 6% of the Units subscribed for and a finder’s fee option (the “Finder’s Fee Option”) in the amount of 8% of the number of Units subscribed for will be paid to an arm’s length third party. The Finder’s Fee Option shall provide for the purchase of units (the “Finder’s Units”) exercisable within a twenty four (24) month period at a price of $0.40 per Finder’s Unit. Each Finder’s Unit will consist of one (1) Common Share and one (1) Warrant (the “Finder’s Warrants”). Each Finder’s Warrant will entitle the holder to purchase one (1) Common Share of the Corporation for a period of twenty four (24) months (the “Finder’s Warrant Exercise Period”) at an exercise price of $0.60 in year 1 and $0.75 in year 2.

The private placement is subject to receipt of all necessary regulatory approvals. The private placement is expected to close on or before June 30, 2011.

The proceeds of the private placement will be used to fund the continued work program on West High Yield’a substantial magnesium resource at its Record Ridge South property near Rossland, B.C. The Company controls approximately 6,134 contiguous hectares of mineral and crown granted claims on its property. The Company has obtained a NI 43-101 Reserve Report prepared by SRK Consulting of Denver, Colorado indicating 9,160,000 gross tonnes of magnesium (7,145,000 tonnes recoverable) on the property. Visit the West High Yield website at www.whyresources.com for more information about West High Yield.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The offered securities mentioned in this news release will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

Neither the 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.

Contact Information

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
[email protected]

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
[email protected]
www.whyresources.com

Categories
2011 News Release

West High Yield Resources retains Macam Investor Relations

May 27, 2011

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE:WHY) (“West High Yield” or the “Company”) is pleased to advise that it has entered into a consulting agreement with Macam Investor Relations (“Macam IR”) to provide investor relation services, subject to regulatory and TSX Venture Exchange (“TSXV”) approval. Macam IR will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of West High Yield and its activities.

The initial term of the agreement between West High Yield and Macam IR is for a six month period subject to renewal or earlier termination by either party. Macam IR will receive a monthly fee of $7,500. In addition, subject to regulatory approval, Macam IR will be granted 300,000 options at an exercise price of $0.30. The stock options have standard vesting provisions and will expire two years from the date of issuance.

West High Yield is developing a substantial magnesium resource at its Record Ridge South property near Rossland, B.C. The Company controls approximately 6,134 contiguous hectares of mineral and crown granted claims on its property. The Company has obtained a NI 43-101 Reserve Report prepared by SRK Consulting of Denver, Colorado indicating 9,160,000 gross tonnes of magnesium (7,145,000 tonnes recoverable) on the property. Visit the West High Yield website at www.whyresources.com for more information about West High Yield.

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

Neither the 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.

CONTACT INFORMATION:
West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
Fax: (403) 206-7159
[email protected]
Calgary, Alberta

or

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
Fax: (403) 206-7159
[email protected]
Calgary, Alberta

or

Macam Investor Relations
Justin Cubberley
VP, Trading & Research
(403) 457-4290
Fax: (403) 984-4150
[email protected]
www.macamgroup.com

Categories
2011 News Release

West High Yield announces year end 2010 audited financial results

CALGARY, ALBERTA–(Marketwire – April 26, 2011) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE:WHY) (“West High Yield” or the “Company”) announces the release of its financial results and the Management Discussion and Analysis (“MD&A”) for the year ended December 31, 2010. The audited financial statements and related MD&A for the year ended December 31, 2010 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

The Company advises that on March 8, 2011, 1,850,000 stock options held by officers, directors, employees and consultants of the Company expired unexercised. On April 14, 2011 the Company’s Board of Directors approved the granting of 1,550,000 stock options to officers, directors, employees and consultants of the Company, subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.30 per share and have a five year term.

About West High Yield

West High Yield is a publicly traded 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, nickel, and magnesium properties.

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

Neither the 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.

CONTACT INFORMATION:
West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
Fax: (403) 206-7159
[email protected]

or

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
Fax: (403) 206-7159
[email protected]

Categories
2010 News Release

West High Yield announces drilling results and sets out plan for 2011 magnesium project and announces third quarter 2010 unaudited financial results

CALGARY, ALBERTA–(Marketwire – Nov. 24, 2010) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) (TSX VENTURE:WHY) announces that it has completed the drilling and testing of 15 NQ drill holes totaling 1,698 metres (5,570 feet) in its 2010 gold drilling program on the Company’s Midnight Crown granted claim on the western outskirts of Rossland, British Columbia. The Company previously reported the assay results for 13 holes (MN10-1 through 13) with two previous press releases (August 12, 2010 and September 29, 2010) and now reports the results of the last two holes (MN10-14 and MN10-15), which are summarized in the table below.

Shown In the gold intersection table below, Hole MN10-14 resulted in a gold intersection of appreciable gold values (3.76 grams/tonne Au) over a true width of 1.8 metres near the surface. Hole MN10-15 was not successful in recovering the core from 8.6 m to 10.4 metres in drill depth due to encountering an old tunnel. The southern margin and northeast part of the Midnight gold resource estimation remains to be further tested. For the readers’ reference, this press release is accompanied by a map of the 2010 Diamond Drilling Plan on the Midnight property.

2010 Gold Drill Intersection Summary - Midnight Crown Granted Claim

The Company also advises that it will continue to explore on its Record Ridge property in 2011. The current plans are to expand the grid over its magnesium discovery to further outline the size of the deposit. The Company previously reported that it obtained a NI 43-101 report on this property with indicated and measured results aggregating 9,160,000 metric tonnes of Magnesium based upon the core drilling results obtained to the date of the report. The Company also plans to proceed with scoping and pre-feasibility studies on the Record Ridge Magnesium property which will be prepared by SRK Consulting Engineers of Denver, Colorado.

The Company announces the release of its financial results and the Management Discussion and Analysis (“MD&A”) for the nine months ended September 30, 2010. The unaudited financial statements and related MD&A for the nine months ended September 30, 2010 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

About the Company

West High Yield is a publicly traded 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, nickel and magnesium properties. The Company’s operations are being conducted on the Rossland Gold Camp property which is situated approximately 2.5 kilometers west of the town of Rossland, B.C. The Company controls approximately 6,223 contiguous hectares of mineral and crown granted claims and is exploring for gold and nickel on its primary properties which are the Midnight, OK and IXL crown grants and for nickel and magnesium on the Company’s Hidden Valley and Record Ridge properties.

The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing – License #21179)) and assisted by Cory Peck, B.Sc, Geol.I.T. H. Kim is a qualified person as defined by National Instrument 43-101 (“NI 43-101”).

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

Neither the 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.

CONTACT INFORMATION:
West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
Fax: (403) 206-7159
[email protected]

or

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
Fax: (403) 206-7159
[email protected]

Categories
2010 News Release

West High Yield announces completion of testing on 2010 gold drilling program and additional drilling results

CALGARY, ALBERTA–(Marketwire – Sept. 29, 2010) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) (TSX VENTURE:WHY) announces that it has completed the drilling and testing of 15 drill holes totaling 1,698 metres (5,570 feet) in its 2010 gold drilling program on the Company’s Midnight Crown granted claim in the western outskirts of Rossland, British Columbia. To the present, the Company has received the analysis for 13 of the 15 holes drilled in the 2010 program. The analysis of the remaining two holes will be received in the next few weeks. The Company previously reported the assay results for 6 holes (MN10-1 through MN10-6) and now reports the results of an additional 7 holes (MN10-7 through MN10-13), which are summarized in the table below.

In the table below, it is noted that two holes (MN10-9 and MN10-13) show no significant gold intersections and in the opinion of management outlines the western margin of the Midnight gold resource play. Hole MN10-10 failed to reach the desired drill depth due to encountering an old tunnel. As demonstrated in the table below, the other four holes demonstrated multiple zones of gold intersections with significant gold values, with hole MN10-11 returning 73.23 g/tonne Au for a true width of 2 metres. Also hole MN10-12 returned three (3) gold intersections including one with 2.4 metres true width and values of 3.11 g/tonne Au. The southern margin of the Midnight gold resource play remains to be further tested. The Company plans to retain SRK Consulting Engineers and Scientists (“SRK”) of Denver, Colorado, an independent engineering firm, to undertake an independent NI 43-101 measured mineral resource estimation of the Company’s Midnight property. For the readers’ reference, this press release is accompanied by a map of the Company’s 2010 Diamond Drilling Plan on the Midnight property.

About the Company

West High Yield is a publicly traded 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, nickel and magnesium properties. The Company’s operations are being conducted on the Rossland Gold Camp property which is situated approximately 2.5 kilometers west of the town of Rossland, B.C. The Company controls approximately 6,223 contiguous hectares of mineral and crown granted claims and is exploring for gold and nickel on its primary properties which are the Midnight, OK and IXL crown grants and for nickel and magnesium on the Company’s Hidden Valley and Record Ridge properties.

The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing – License #21179)) and assisted by Cory Peck, B.Sc, Geol.I.T. H. Kim is a qualified person as defined by National Instrument 43-101 (“NI 43-101”).

The Company also advises that the Company’s Board of Directors approved the granting of 1,925,000 stock options to officers, directors, employees and consultants of the Company, subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.40 per share and have a five year term.

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

To view map of 2010 Diamond Drilling Plan, see link below:

http://cnrp.marketwire.com/cnrp_files/20100929-why_MAP.pdf?v=0.772

Neither the 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.

CONTACT INFORMATION:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
Fax: (403) 206-7159
[email protected]

or

West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
Fax: (403) 206-7159
[email protected]

or

West High Yield (W.H.Y.) Resources Ltd.
28 Arbour Lake Drive N.W.
Calgary, Alberta T3G 3N8

Categories
2010 News Release

West High Yield announces initial results and gold intercepts from 2010 gold drill program

CALGARY, ALBERTA–(Marketwire – Aug. 12, 2010) –

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) (TSX VENTURE:WHY) is pleased to announce the results of the initial six drill holes completed in its 2010 gold exploration diamond drill program on its Midnight Crown granted claim in the western outskirts of Rossland, British Columbia. To date in 2010, the Company completed nine drill holes, of which six holes have been assayed and summarized in the table below. The 2010 drill program is focused on the Company’s Midnight Crown granted claim where the Company drilled 26 holes in 2009 on a 10 metre spaced line grid, in order to proceed with a mineral resource estimate pursuant to National Instrument 43-101. The analytical work for this drill program is conducted by SGS Canada Inc. of Vancouver, BC. As a QA/QC grade control, all high grade samples (over 20 g/tonne Au) were also checked for confirmation by ALS Chemex Laboratory, Vancouver, B.C. In the current drill program, the Company encountered various quantities of high grade gold, ranging from 9.1 g/tonne Au over 1.14 m (true width) in hole MN10-5 and 32.1 g/tonne Au over 3.9 m (true width) including 76.77 g/tonne over 1.3 m (true width) in hole MN10-3. For details of the drilling results please refer to the table below.

2010 Gold Drill Intersection Summary –Midnight Claim

Drill Hole   Interval (m)

Length
(m)

True Width
(m)

Gold
g/tonne

Silver
g/tonne

  From   To
MN10-1   No significant gold intersection encountered
MN10-2   46.6   47.7   1.1   1.0   20.4   2.4
  101.3   102.8   1.5   1.3   15.9   3.8
MN10-3   43.8   45.3   1.5   1.3   12.2   0.7
  61.5   62.7   1.2   1.0   72.4   9.0
  68.7   72.3   3.6   3.1   23.5   5.0
  87.9   89.9   2.0   1.7   25.0   2.3
  91.4   95.9   4.5   3.9   32.1   3.6
MN10-4   44.3   49.2   4.9   4.2   2.6   0.5
  49.2   50.7   1.5   1.3   9.4   1.5
  55.3   57.3   2.0   2.0   6.3   1.8
  68.5   69.6   1.1   1.1   23.0   1.0
MN10-5   55.7   56.8   1.1   0.84   13.3   5.4
  59.2   60.7   1.5   1.14   9.1   0.2
MN10-6   No significant gold intersection encountered

Based on the 2009 and 2010 drill core results achieved to date, the Company is encouraged to identify multiple continuous zones of gold mineralization on its Midnight property. The Company plans to undertake an independent NI 43-101 measured mineral resource estimate of the Midnight property after an aggregate of 75 diamond drill holes are completed on a 20 to 30 metre spaced grid on the property. The Company plans to complete approximately 6 more drill holes on the Midnight property in the 2010 gold drilling program and then continue its drill program for magnesium on its Record Ridge South property on which an initial NI 43-101 mineral resource estimate was previously completed.

The Company also advises that it has secured a loan in the amount of $1,060,000 from Big Mountain Development Corp. Ltd., a significant shareholder of the Company. The loan has a one year term, interest at 11.99% and matures on July 6, 2011. The loan is secured by a promissory note and a general security agreement over all assets of the Company.

About the Company

West High Yield is a publicly traded 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, nickel and magnesium properties. The Company’s operations are being conducted on the Rossland Gold Camp property which is situated approximately 2.5 kilometers west of the town of Rossland, B.C. The Company controls approximately 6,223 contiguous hectares of mineral and crown granted claims and is exploring for gold and nickel on its primary properties which are the Midnight, OK and IXL crown grants and for nickel and magnesium on the Company’s Hidden Valley and Record Ridge properties.

The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing – License #21179)) and assisted by Cory Peck, B.Sc, Geol.I.T. H. Kim is a qualified person as defined by National Instrument 43-101 (“NI 43-101”).

READER ADVISORY

This news release may contain certain forward-looking statements, including management’s assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with mining exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other explorers and producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

42,820,394 Common Shares Issued

Neither the 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.<p

</p

For more information, please contact

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco
President and Chief Executive Officer
(403) 660-3488
(403) 206-7159 (FAX)
[email protected]
or
West High Yield (W.H.Y.) Resources Ltd.
Dwayne Vinck
Chief Financial Officer
(403) 257-2637
(403) 206-7159 (FAX)
[email protected]
or
West High Yield (W.H.Y.) Resources Ltd.
28 Arbour Lake Drive N.W.
Calgary, Alberta T3G 3N8