Categories
2007 News Release

West High Yield continues to average high magnesium content

CALGARY, ALBERTA, – December 18, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that it has completed its 2007 Diamond Drill Program. In the 2007 program, the Company completed 30 NQ diamond drill holes totalling 6,012 meters on its Ivanhoe Ridge property and 1 NQ diamond drill hole (267 meters) was drilled on its Golden Drip Claim prior to closing down field activities for winter on November 20, 2007. The Company previously announced the results of drill holes 1 through 5 of which drill holes 1 through 4 were drilled on the Company’s Ivanhoe Ridge located near Rossland, British Columbia. In a previous press release the Company advised that it had intersected broad zones of ultramafic rock containing magnesium, nickel, cobalt and magnetite mineralization with an average of 25.3% magnesium and .2164 % nickel in the first 4 drill holes.

The Company has now received the analysis for drill holes 6, 7, 8 and 14 out of the 31 drilled holes. Drill holes 6, 7, 8, and 14 were drilled on the Company’s Ivanhoe Ridge property and the assay results were provided by Assayer Canada of Vancouver, British Columbia. The Company has also submitted cores for 22 additional drill holes completed in the 2007 drill program to Assayer Canada. The Company anticipates receiving the results of the remaining drill holes in the next couple of months. In the course of its exploration activities on the Ivanhoe Ridge property, the Company continues to see results which are consistent with the first 4 drill holes drilled on the Ivanhoe Ridge property which include broad zones of ultramafic rock containing magnesium, nickel, cobalt and magnetite mineralization. The chart below summarizes the results for drill holes 6, 7, 8 and 14.

DDH IV07- Hole Angle Depth

meters

Length metres Nickel

%

Cobalt

ppm

Chromium

%

Magnetite

%

Magnesium

%

From To
6 -90˚ 0 16.38 16.38 .1892 109 0.30 6.4 23.0
39.84 93.9 54.06 .1823 104 0.26 5.2 22.2
127.0 185.82 58.82 .1965 112 0.28 4.6 25.0
194.21 251.32 57.11 .2270 127 0.29 4.9 33.0
252.82 274.99 22.17 .2170 122 0.29 4.6 23.5
280.77 310.72 29.95 .2212 126 0.29 4.3 24.5
7 -90˚ 2.74 12.06 9.32 .1564 98 0.20 3.7 19.5
19.07 47.5 28.43 .2019 132 0.25 4.3 18.1
52.77 76.88 24.11 .1653 98 0.25 4.8 19.9
112.2 153.01 40.81 .2062 115 0.26 5.8 26.0
8 -60˚ 3.05 12.5 9.45 .1565 95 0.22 3.9 19.1
14 -90˚ 2.13 152.39 150.26 .2311 116 0.3 4.83 26.2

Disclaimer: The nickel values reported above include nickel in both sulphide and non-sulphide minerals as total nickel.

The Company’s field activities are supervised and the technical data for this report was prepared by

H. Kim, P.Geo/P.Eng (Practicing) and the Company’s on-site Geologist.

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, magnesium, cobalt and magnetite 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 West High Yield (W.H.Y.) Resources Ltd. Suite 520, 700 West Pender Street Vancouver, B.C. V6C 1G8

Telephone: (778) 886-7961

Facsimile: (604) 274-1431

Email: [email protected] or [email protected]

READER ADVISORY

The TSXV has neither approved nor disapproved the contents of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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.

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

2

Categories
2007 News Release

West High Yield announces interim financial results

CALGARY, ALBERTA, – November 28, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) is pleased to announce the release of its financial (unaudited) results for the third quarter ended September 30, 2007 and the Management’s Discussion and Analysis (“MD&A”) dated November 27, 2007. The unaudited financial statements and related MD&A for the period ended September 30, 2007 were filed yesterday with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

Highlights of the Third Quarter

  • Phase 3 of the Company’s 2007 core drilling program began on May 5, 2007. To date, in excess of 20,200 feet of core have been drilled on the Company’s property near Rossland, British Columbia.
  • The Company previously announced that it had received the analysis for drill holes 1 through 5 out of the 28 drill holes completed on its 2007 Diamond Drill Program drilled on the Company’s Ivanhoe Ridge claim. The assay results for drill holes 1 through 5 were provided by Assayer Canada of Vancouver, British Columbia. The Company has also submitted cores for the 23 additional drill holes completed in the 2007 drill program to Assayer Canada and anticipates receiving the results in the next few months. In the course of its exploration activities on the Ivanhoe Ridge claim, the Company intersected broad zones of Ultramafic rock containing magnesium, nickel, cobalt and magnetite mineralization.
  • The Company acquired mineral claims adjacent to its existing property near Rossland, British Columbia through the payment of $23,300 in cash and the issuance of 55,000 common shares of the Company.
  • 282,050 warrants that were granted under the Company’s initial public offering were exercised prior to their expiry on July 27, 2007 for gross proceeds of $169,230.
  • 309,100 Agent’s units that were granted under the Company’s initial public offering were exercised for gross proceeds of $123,640.
  • 4,459,072 warrants that were granted under the Company’s initial public offering expired unexercised on July 27, 2007.
  • The Company has expended the $1,100,000 of Canadian Exploration Expense as required by the December 21, 2006 flow-through share fundraising.
  • Subsequent to the quarter end, Wayne Wilson resigned as Chief Financial Officer of the Company. Options granted to Mr. Wilson to acquire 250,000 shares of the Company at a price of $0.40 expired unexercised.
  • Subsequent to the quarter end, Dwayne A. Vinck was appointed as Chief Financial Officer of the Company. The Company granted Mr. Vinck options to acquire 250,000 shares at $0.40 per share. The options have a term of five years and vest one-third on the date of grant and one-third on each of the next two anniversaries of the date of grant.

During the quarter ended September 30, 2007, the Company recorded a net loss of

$854,350 or $0.02 per share (year to date $1,920,598 or $0.05 per share) compared to a net loss in the corresponding period of 2006 of $653,342 or $0.02 per share (year to date $1,414,142 or $0.06 per share). At September 30, 2007, the Company had a working capital surplus of $3,269,405 compared to a working capital surplus of $1,129,896 at September 30, 2006 and a working capital surplus of $1,657,594 at December 31, 2006. The current working capital surplus position will allow the Company to fund this year’s exploration activities as well as the currently planned activities throughout the 2008 exploration season.

Total income for the three month period ended September 30, 2007 amounted to $30,416 ($75,751 year to date) compared to $9,894 in the quarter ended September 30, 2006 ($12,773 year to date) while total expenses for the equivalent periods amounted to $884,776 ($1,996,349 year to date) in 2007 and $663,236 ($1,426,915 year to date) in 2006, respectively. Total non-cash expenditures in the quarter ended September 30, 2007 were $65,952 ($269,375 year to date) compared to $122,643 ($565,433 year to date) for the period ended September 30, 2006.

About West High Yield

West High Yield 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 and nickel 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 West High Yield (W.H.Y.) Resources Ltd. Suite 520, 700 West Pender Street Vancouver, B.C. V6C 1G8

Telephone: (778) 886-7961

Facsimile: (604) 274-1431

Email: [email protected] or [email protected]

READER ADVISORY

The TSXV has neither approved nor disapproved the contents of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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.

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

Categories
2007 News Release

West High Yield averages 25.3% magnesium on recent drilling results

CALGARY, ALBERTA. November 14, 2007. West High Yield (W.H.Y.) Resources Ltd. (the “Company”) announces that it has received the analysis for drill hole #5 out of the 28 drill holes completed on its 2007 Diamond Drill Program. Drill hole #5 and the previously announced drill holes 1 through 4, were drilled on the Company’s Ivanhoe Ridge claim located near Rossland, British Columbia. The assay results for drill holes 1 through 5 were provided by Assayer Canada of Vancouver, British Columbia. The Company has also submitted cores for the 23 additional drill holes completed in the 2007 drill program to Assayer Canada and anticipates receiving the results in the next few months. In the course of its exploration activities on the Ivanhoe Ridge claim, the Company intersected broad zones of Ultramafic rock containing magnesium, nickel, cobalt, and magnetite mineralization. Hole #5 on the claim had significant results over 80.92 meters true width averaging a grade of 24% magnesium and a nickel grade of 0.2145%. The five holes averaged 25.3% Magnesium and 0.2164% Nickel. The chart below summarizes the results for the first five drill holes.

Grid Location DDH IV0 7 Hole Angle Depth Metres Length metres Nickel

%

Cobalt ppm Chromium

%

Magnetite

%

Magnesium

%

From To
118 m N

100 m E

1 -90˚ 1.52 185.61 184.09 0.2354 98 0.3 5.49 24.7
2 -50˚ 1.24 120.12 118.88 0.2018 111 0.3 5.46 24.4
200 m N

115 m E

3 -90˚ 2.55 159.49 156.94 0.2235 86 0.4 6.78 27.7
304 m N

125 m E

4 -90˚ 0.6 173.13 172.53 0.2071 116 0.4 5.88 25.9
388 m N

125 m E

5 -90˚ 1.22 80.92 79.68 0.2145 114 0.4 5.86 24.0
Ivanhoe Ridge South Average 142.42 0.2164 105 0.36 5.9 25.3

Disclaimer: The nickel values reported above include nickel in both sulphide and non-sulphide minerals as total nickel.

The Company also announces the resignation of Wayne Wilson, who has stepped down as the Company’s Chief Financial Officer. The Board of Directors wishes to thank Mr. Wilson for his hard work and dedication to the Company from its inception. The Board of Directors also announces the appointment of Dwayne A. Vinck as the Company’s new Chief Financial Officer effective October 26, 2007. Mr. Vinck is a financial consultant and Chartered Accountant with over twenty years of business experience. He is a member of both the Institute of Chartered Accountants of Alberta and the Institute of Internal Auditors. Pursuant to the Company’s stock option plan and subject to regulatory approval, Mr. Vinck was granted

250,000 commons shares of the Company at a price of $0.40 per share for a five year term with vesting over a three year period.

The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing), the Company’s on-site Geologist.

About West High Yield

West High Yield 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 and nickel 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 620, 800 West Pender Street Vancouver, B.C. V6C 2V6

Telephone: (778) 886-7961

Facsimile: (604) 274-1431

Email: [email protected] or [email protected]

READER ADVISORY

The TSXV has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.

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.

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

Categories
2007 News Release

West High Yield provides operations update

CALGARY, ALBERTA, – September 21, 2007. West High Yield (W.H.Y.) Resources Ltd. (the “Company”) advises that it is re-releasing its news release which was issued yesterday as a result of a technical error which occurred in the reported version of a table (Summary of Serpentinite Intersections in Ivanhoe Ridge Drilling) on page two of the news release. The following news release is identical to the previous news release issued yesterday with the exception of this paragraph and the table on page two.

The Company is pleased to provide a progress report on its mining operations in Rossland, British Columbia. Since its last report which was issued on May 7, 2007, the Company has undertaken the following activities:

  1. Commencement of 2007 Diamond Drill Program. The Company began its 2007 drilling program in May and has now completed 14 NQ diamond drill holes (3,525 meters) testing the northeastern portion of the Ivanhoe Ridge ultramafic. The holes, at approximately 100 meter spacing, were drilled south to north on a surveyed line. The first four holes (DDHIV07 – 1 to 4) gave positive nickel values averaging 0.21% over widths, from surface, ranging from 80 to 184 meters and averaging just over 140 meters. The results indicate, as expected, a decrease in contained nickel values in the serpentinites as the drilling progressed northward toward the contact with the volcanics.
  2. Ground Acquisition. In late May, 2007, the Company acquired three important mineral claims (Hidden Valley, Hidden Valley 2 and Hidden Valley 3) adjoining to the south of the Company’s main block of claims. Consequently, the Company now owns sufficient mineral claims to cover the entire Ivanhoe Ridge ultramafic body, which is rhombic in shape with an area of about 7.5 square kilometers. This area will be the principal focus of the balance of the 2007 Drill Program. During July, the Company also acquired two mineral claims, White Buffalo and Golden Drip, filling in its gold camp claim holdings.
  3. Drill Core Analysis. The drill core from the 14 diamond drill holes was divided and a total of 2,077 core samples were sent to Assayer Canada, Vancouver. These samples were assayed for total nickel and cobalt using conventional ICP emission spectroscopy following a four acid digestion. In addition, all drill core samples from the serpentinites are being analyzed for nickel sulphide, magnesium, cobalt, chrome, magnetite and other elements by leaching and flame atomic absorption spectrophotometer at SGS Lakefield.
  4. Preliminary Results. The complete analytical data is now available for holes 1 through 4 for nickel, cobalt, chromium, magnetite and magnesium. Holes 5 through 14 are also being analyzed for the same minerals, including magnesium. The results of drilling on the southern half of the NE Ivanhoe Ridge line grid (0 to 400 m north) returned wide intersections of the magnesium rich nickel-cobalt- magnetite bearing serpentinites from the surface continuous to the depth of 80 meters to 184 meters. As presented in Summary of Serpentinite Intersections as set out below, the magnesium values range from a low of 24.4% in hole 2 to a high of 27.7% in hole 3. The northern half sector of the drill investigation is dominated by the intervened volcanic and sub-volcanic dykes within the serpentinites and fault-sheared disturbances. The serpentinites in the NE sector contain relatively decreased nickel values but with slightly increasing cobalt values, which are running slightly more than 0.01%. Based on core logging and analytical data, highlights of the intersected nickel, cobalt, chromium, magnetite and magnesium bearing serpentinites are summarized in the following chart. Assay results should be available shortly for the balance of Ivanhoe Ridge holes and will be reported when they have been received by the Company.

Summary of Serpentinite Intersections in Ivanhoe Ridge Drilling

DDH IV07- Depth

metres

Length metres Nickel

%

Cobalt

%

Chromium

%

Magnetite

%

Magnesium

%

From To
1 1.52 185.61 184.09 0.235 0.001 0.3 5.49 24.7
2 1.24 120.12 118.88 0.202 0.011 0.3 5.46 24.4
3 2.55 159.49 156.94 0.224 0.009 0.4 6.78 27.7
4 0.6 173.13 172.53 0.207 0.012 0.4 5.88 25.9

Disclaimer: The nickel values reported above include nickel in both sulphide and non-sulphide minerals as total nickel.

  1. Nickel Analysis.
    • The total nickel assay results indicate that the samples contain on average of approximately 0.24% nickel. The assaying was conducted at two independent laboratories and the results are consistent with Assayer Canada of Vancouver indicating 0.257% nickel and SGS Lakefield indicating 0.239% nickel.
    • Sulphide nickel assaying can provide a rough indication of the amount of total nickel which is present in the sulphide form. The determination of nickel sulphide yielded a range of results from Assayer Canada’s 0.11% nickel to SGS Lakefield’s 0.088% nickel.
  2. Other Metals of Interest. In addition to the nickel, the drill core assay results indicated significant amounts of magnesium and cobalt. The metallurgical test work will examine the potential recovery of these metals.
  3. Mineralogy Testwork – SGS Lakefield. The mineralogy completed at SGS has some encouraging findings. Much of the sulphide present in the ore samples tested is nickel-based and ranges from pentlandite (approximately 30% Ni) to

haezelwoodite (approximately 70% Ni). These are generally minerals that are very receptive to sulphide flotation. They have relatively high nickel content, which should allow for higher grade concentrates to be produced. Grain sizes are of fair size with liberation not being too poor. SGS expects no major problems recovering these minerals through flotation (80-90% nickel sulphide recovery at grind size of 75 microns).

  1. Metallurgical Test Program – SGS Lakefield. To clarify the question of what metals can be economically liberated, the Company engaged SGS to undertake a metallurgical program proposed by SGS which would allow the Company to establish basic grindability characteristics, metallurgy, identify challenges, work through some elementary economics and hopefully provide a basis on which to move into successive phases of project development. Bulk samples from holes 1 and 3 are currently being delivered to SGS for this program.
  2. Continuation of the 2007 Drill Program Hidden Valley. After completing the last drill hole (vertical Hole 14) testing the northeastern part of the Ivanhoe Ridge ultramafic, the drill was moved to the southwestern sector of the newly acquired Hidden Valley claims. Drilling was commenced on September 5, 2007 and a total of 2 holes have been completed from a program of 10 vertical NQ drill holes which have been laid out for drilling in Hidden Valley. Based on Open File 1990- 27, nickel values contained in the ultramafics of the Hidden Valley 3 claim appear to be higher than those in the northeastern sector of Ivanhoe Ridge. In Hidden Valley, a representative suite of 10 serpentinite samples averaged 0.24% nickel. Also some selected rock samples have been assayed up to 0.45% nickel versus

0.33 % nickel (the best nickel values of 1.5 m drill core sample) from DDHIV07-

1. In Hidden valley, a selective sampling returned an assay of 1.02 grams per tonne of platinum (Open File 1990-27, page 39).

  1. Gold Exploration Drilling. The Company has hired a second rig which is conducting gold exploration on the IXL and Golden Drip crown granted claims. There are still significant tonnes of the mine dump materials with visible rich sulfides in the surface of these crown granted claims. The ores produced from the IXL and Golden Drip claims were stockpiled and milled between 1977 and 1984.

The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing), the Company’s on-site Geologist.

About West High Yield

West High Yield 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 and nickel 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 620, 800 West Pender Street Vancouver, B.C. V6C 2V6

Telephone: (778) 886-7961

Facsimile: (604) 274-1431

Email: [email protected] or [email protected]

READER ADVISORY

The TSXV has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.

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.

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

Categories
2007 News Release

West High Yield (W.H.Y.) announces interim financial results

CALGARY, ALBERTA, – August 28, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) is pleased to announce release of its financial (unaudited) results for the second quarter ended June 30, 2007 and the Management’s Discussion and Analysis (“MD&A”) dated August 27, 2007.

Highlights

  • Phase 3 of the Company’s 2007 core drilling program began on May 5, 2007. To date, in excess of 9,550 feet of core has been drilled on the Company’s property near Rossland B.C.
  • Completion of a private placement financing of 4,500,000 Units of the Corporation for gross proceeds of $2,925,000. Each Unit consisted of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one share of the Company at a price of $1.00 for a period of who years.
  • At June 30, 2007, there were 734,000 warrants exercised that were issued under the Company’s I.P.O. for gross proceeds of $440,400. Subsequent to quarter end and prior to the warrant expiry, there were an additional 282,050 warrants exercised for additional gross proceeds of $169,230.
  • At June 30, 2007, there were 275,500 Agent’s Units exercised that were issued under the Company’s

I.P.O. for gross proceeds of $110,200. Subsequent to quarter end there were an additional 309,100 Agent’s Units exercised for gross proceeds of $123,640.

  • On May 29, 2007, Ian F.T. Kennedy was appointed a Director of the Corporation. Concurrent with the appointment, options to acquire 200,000 shares of the Company at a price of $0.60 were granted to Mr. Kennedy. The options have a term of five years and vest one-third on the date of grant and one-third each on each of the next two anniversaries of the date of grant.

During the quarter ended June 30, 2007, the Company recorded a net loss of $759,583 or $0.02 per share (year to date $1,066,248 or $0.03 per share) compared to a net loss in the corresponding period of 2006 of $373,124 or $0.02 per share (year to date $760,800 or $0.03 per share).

At June 30, 2007, the Company had a working capital surplus of $3,846,016 compared to a working capital deficiency of $1,964,459 at June 30, 2006 and a working capital surplus of $1,657,594 at December 31, 2006. The current working capital surplus position, will allow the Company to conduct planned field operations through the remainder of the 2007 field season as well as the 2008 exploration season.

Total income for the three month period ended June 30, 2007 amounted to $29,314 ($45,335 year to date) compared to $1,003 in the quarter ended June 30, 2006 ($2,878 year to date) while total expenses for the equivalent periods amounted to $788,897 ($1,111,583 year to date) in 2007 and $374,127 ($763,678 year to date) in 2006 respectively. Total non-cash expenditures in the quarter ended June 30, 2007 were $71,786 ($203,424 year to date) compared to $121,317 ($442,791 year to date) for the period ended June 30, 2006.

West High Yield (W.H.Y.) Resources is a junior mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada.

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 620, 800 West Pender Street Vancouver, B.C. V6C 2V6

Telephone: (604) 868-7961

Facsimile: (604) 274-1431

Email: [email protected] or [email protected]

READER ADVISORY

The TSXV has neither approved nor disapproved the contents of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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.

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

Categories
2007 News Release

West High Yield (W.H.Y.) Resources to acquire mineral claim

CALGARY, ALBERTA, – July 24, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield”) is pleased to announce that it has entered into an asset purchase agreement to acquire a mineral claim in British Columbia from Lyle Kenneth McLellan. Closing of the acquisition is expected to occur on July 25, 2007.

The mineral claim being purchased is as follows: Golden Drip – District Lot 539 Kootenay District, Nelson Trail Assessment Authority, Province of British Columbia.

The purchase price for the mineral claim is to be satisfied by the payment of $20,000 cash and 50,000 common shares of West High Yield. The transaction is subject to normal commercial closing conditions including the approval of the TSX Venture Exchange.

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.

Categories
2007 News Release

West High Yield (W.H.Y.) Resources acquires mineral claim

CALGARY, ALBERTA, – July 13, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield”) is pleased to announce that it has completed an asset purchase pursuant to which it has acquired a mineral claim in British Columbia from David Zamida.

The mineral claim purchased was White Buffalo – Mineral Tenure No. 529 441.

The purchase price for the mineral claim was satisfied by the payment of $3,300 cash, 5,000 common shares of West High Yield and a net smelter returns royalty equal to 1% of all ores, minerals, metals and materials mined and removed from the mineral claim sold by David Zamida.

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]

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

Categories
2007 News Release

West High Yield to acquire mineral claims and appoints new director

CALGARY, ALBERTA, – May 29, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that it has entered into an Asset Purchase Agreement to acquire three (3) mineral claims in Rossland, British Columbia from Lynn Bublitz. The mineral claims being purchased include the following: Hidden Valley – Mineral Tenure No. 513757, Hidden Valley 2 – Mineral Tenure No. 513788 and Hidden Valley 3 – Mineral Tenure No. 513794. The purchase price for the mineral claims is to be satisfied by the payment of cash in the sum of

$30,000 and the issuance of 80,000 common shares from the treasury of the Company. The shares issued to the Vendor will have a hold period of 4 months. Closing of the acquisition is expected to occur on or before May 31, 2007 and is subject to normal commercial conditions including final approval of the TSX Venture Exchange.

The Company is also pleased to announce that Ian F. T. Kennedy of Toronto, Ontario has been appointed to the Board of Directors. Mr. Kennedy is a mining engineer (P. Eng – Mining) with a B.Sc. (Geology and Geophysics) from McGill University. He has extensive experience as an executive officer and director of mining, energy and investment companies, including Conwest Exploration Company Ltd. of which he was a Vice-President and director. He is currently a partner with an investment banking firm in Toronto, Ontario. In conjunction with his appointment, the Board has granted Mr. Kennedy 200,000 stock options of the Company with an exercise price of $0.60 per share. The options have a 5 year term and standard vesting provisions.

West High Yield 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 and nickel 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 620, 800 West Pender Street Vancouver, B.C. V6C 2V6

Telephone: (604) 868-7961

Facsimile: (604) 274-1431

Email: [email protected] or [email protected]

READER ADVISORY

The TSXV has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.

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.

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

Categories
2007 News Release

West High Yield Resources closes equity financing

CALGARY, ALBERTA, – May 10, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that the Company has closed its previously announced private placement (the “Financing”) with IBK Capital Corp. (“IBK”) of Toronto, Ontario. In the Financing, the Company issued 4,500,000 units (“Units”) at a price of $0.65 per Unit for gross proceeds of $2,925,000 million CDN. Each Unit consists of one common share of West High Yield and one-half of one common share purchase warrant. Each whole warrant is exercisable for one common share of the Company at a price of $1.00 per share for a period of two years from the closing date of the Financing. The Company may automatically convert the warrants if the common shares of the Company trade at or above $1.50 for a period of 20 consecutive trading days and upon 30 days’ notification to the holders. All of the common shares and warrants issued pursuant to the financing will be subject to a four-month hold period in accordance with applicable securities laws and stock exchange requirements. West High Yield intends to use the proceeds of the financing for working capital, to fund exploration work on the Rossland project and to acquire neighbouring claims.

IBK acted as Agent on to the Financing and was paid a cash commission of $234,000 which is equal to 8% of the gross proceeds and was also issued 360,000 non-transferable compensation warrants, each entitling the holder to acquire one common share of the Company at a price of $0.65 per common share for a period of two years.

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 and nickel 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: cgro[email protected] [email protected]

READER ADVISORY

The TSX Venture Exchange has neither approved nor disapproved of the contents of this new release and does not accept responsibility for the adequacy or accuracy of this release.

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.

Not for dissemination in the United States or to U.S. persons.

Categories
2007 News Release

West High Yield encounters nickel mineralization in Rossland ultramafics

CALGARY, ALBERTA – Monday, May 7, 2007. West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) announces that it has received the analysis for all 21 drill holes completed in its 2006 Diamond Drill Program on its OK, Midnight and IXL properties located near Rossland, British Columbia. ALS Chemex provided the assay for all 21 drill holes. In the course of its gold exploration activities, West High Yield intersected broad zones of Ultramafic rock containing nickel mineralization. The rock unit termed the “OK Ultramafic” was intersected in 13 of the 21 holes drilled with significant results including 122 metres true width grading 0.18 % nickel in holes SR06-1 and SR06-17 and 80 meters true width grading 0.19 % in hole SR06-21.

Tabulated below is a summary of nickel mineralization encountered in the OK Ultramafic body outlined in the 2006 drill program.

SITE DDH FROM

Ft

TO

ft

TRUE WIDTH

ft (m)

NICKEL % (lbs/t)
1 SR06-1 146 701 400 (122) 0.18 (4.0)
SR06-2 30 274 160 (49) 0.095 (2.1)
SR06-3 71 416 312 (95) 0.17 (3.9)
2 SR06-4 27 416 255 (78) 0.19 (4.2)
SR06-5 42 402.5 200 (60) 0.17 (3.8)
3 SR06-11 215 621 260 (79) 0.17 (3.8)
SR06-21 76 529 265 (80) 0.19 (4.2)
5 SR06-14 21 846 640 (195) 0.12 (2.7 )
SR06-15 26 436 295 (90) 0.15 (3.4)
SR06-16 29 556 320 (97) 0.17 (3.7)
6 SR06-17 55 606 400 (122) 0.18 (4.0)
SR06-18 20 191 150 (46) 0.17 (3.8)
SR06-20 41 186 138 (42) 0.19 (4.2)

Concurrent with the 2006 drill program, the Company advises that it collected chip and channel samples from road cuts and outcrops occurring along a one kilometer section of road on its Ivanhoe Ridge property which is contiguous to the Company’s OK property. The samples were initially taken along the Cascade Highway near the foot of Ivanhoe Ridge in July, 2006. The samples were initially tested by ALS Chemex with conventional ICP-AES (41 elements) analysis and further tested by Assayer Canada using “multi-acid (4 acid) digest Atomic Absorption” analytical method in November, 2006. Tabulated below is a summary of the results obtained from Assayer Canada.

Ivanhoe Ridge Surface Sample Description

Sample # Sample Length

m

Sampling Method Nickel

% (lb/t)

Field description
B479651 2 grab 0.260 (5.8) Black serpentinite; serpentinized dunite;

fragmented outcrop; fresh (not weathered)

B479652 2 grab 0.237 (5.3) Black serpentinite; serpentinized dunite;

fragmented outcrops containing weakly weathered dunite

B479657 3 channel 0.235 (5.2) Black serpentinite; serpentinized dunite;

containing weakly weathered dunite

B479659 3 channel 0.239 (5.3) Black serpentinite; serpentinized dunite;

containing weakly weathered dunite

B479660 3 chip 0.243 (5.4) Black serpentinite; serpentinized dunite;

containing rusted dunite

B479661 3 chip 0.261 (5.8) Black serpentinite; serpentinized dunite; fresh (not

weathered)

B479662 3 chip 0.237 (5.3) Black serpentinite with greenish tinge
B479663 4 chip 0.244 (5.4) Black serpentinite; serpentinized dunite; relatively

fresh

B479665 3 chip 0.247 (5.5) Black serpentinite; serpentinized dunite; relatively

fresh

B479666 3 chip 0.251 (5.6) Black serpentinite; serpentinized dunite; relatively

fresh

B479667 5 chip 0.250 (5.5) Black serpentinite; serpentinized dunite; relatively

fresh

B479668 10 grab 0.252 (5.6) Black serpentinite; serpentinized dunite; relatively

fresh

The Company is encouraged by the consistency and broad distribution both laterally and to depth of the nickel values returned thus far from both the OK and Ivanhoe Ridge Ultramafic rocks. The Ivanhoe Ridge Ultramafic body covers a surface area of approximately seven square kilometers and represents a large exploration area. The Company has mobilized field crews to implement an aggressive follow up program consisting of geological, geochemical and geophysical surveys to identify suitable drill targets within the Ivanhoe Ridge Ultramafic body. The Company has secured three drilling rigs and two rigs commenced the Company’s 2007 diamond drilling program this week.

The Company’s field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing), the Company’s on-site Geologist.

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 and nickel 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

The TSX Venture Exchange has neither approved nor disapproved of the contents of this new release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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.

Not for dissemination in the United States or to U.S. persons.