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

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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

Categories
2010 News Release

West High Yield announces first quarter 2010 unaudited financial results

CALGARY, ALBERTA–(Marketwire – May 28, 2010) –

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 three months ended March 31, 2010. The unaudited financial statements and related MD&A for the three months ended March 31, 2010 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

The Company previously announced its Annual General Meeting for the year ended December 31, 2009 has been scheduled for 10:00 am on June 15, 2010 at the offices of Bennett Jones 4500 Bankers Hall East 855 2nd Street SW, Calgary, Alberta.

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.

42,720,394 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.

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

Categories
2010 News Release

West High Yield announces change to date of annual meeting

May 4, 2010

West High Yield (W.H.Y.) Resources Ltd. (TSX VENTURE:WHY) (“West High Yield” or the “Company”) advises that its Annual and Special Meeting of Shareholders of the Company (the “Meeting”) which was scheduled for Thursday, May 27, 2010, has been rescheduled to Tuesday, June 15, 2010. As previously announced, the Meeting will be held at the offices of Bennett Jones LLP located at 4500 Bankers Hall, East 855 – 2nd Street SW, Calgary, Alberta. The record date for the Meeting will remain April 26, 2010 and the Company anticipates that the Notice of Meeting and accompanying Information Circular will be mailed to Shareholders on May 19, 2010.

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.

42,720,394 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.
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

Categories
2010 News Release

West High Yield announces 2009 annual audited financial results

April 22, 2010

West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company”) (TSX VENTURE:WHY) announces the release of its financial results and the Management Discussion and Analysis (“MD&A”) for the year ended December 31, 2009. The audited financial statements and related MD&A for the year ended December 31, 2009 have been filed with Canadian securities regulatory authorities on SEDAR at www.sedar.com.

The Company also announces that its Annual and Special Meeting of Shareholders of the Company (the “Meeting”) will be held on Thursday, May 27, 2010, at the offices of Bennett Jones 4500 Bankers Hall East 855 2nd Street SW, Calgary, Alberta. The record date for the Meeting is April 26, 2010 and the Notice of the Meeting and accompanying Information Circular detailing the information with respect to the Meeting matters, are being mailed to the Shareholders on May 3, 2010.

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.

42,692,794 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.

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

Categories
2010 News Release

West High Yield announces completion of testing on 2009 gold drilling program and releases balance of 2009 gold drilling results

CALGARY, ALBERTA–(Marketwire – Dec. 11, 2009) –

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 that it has completed the drilling and testing of 26 NQ drill holes totaling 2,997 m (9,830 feet) in its 2009 gold drilling program on the Company’s Midnight Crown granted claim on the western outskirts of Rossland, British Columbia. The Company has now received the analysis for all 26 holes of the 2009 gold drill program. All drill holes in the 2009 gold drilling program were vertical holes. The Company previously reported the assay results for 15 holes (MN09-1 through 15) and now reports the results of the last 11 holes (MN09-16 through MN09-26), which are summarized in the table below.

In the gold intersection table below, it is noted that except for two holes (MN09-19 and MN09-26), all holes intersected a series of quartz veins and gold bearing serpentinites with significant gold values being noted in hole MN09-24, which returned a weighted average of 25.16 g/tonne over a true width of 3.6 m (11.8 feet) including 73.23 g/tonne Au for a true width of 1.2 m (3.9 feet). The Company also requested Assayers Canada to conduct a screen metallic analysis of certain drill cores. Based on the 2009 drill core results achieved to date, the Company continues to define the gold mineralization on a 10 m spaced drill hole grid on its Midnight property in order to allow the Company to proceed with a mineral resource estimate pursuant to National Instrument 43-101. The Company has retained 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 2009 Diamond Drilling Plan on the Midnight property.

2009 Drill Gold Intersection Summary -Midnight Crown Granted Claim

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. 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 6,316 contiguous hectares of mineral and crown granted claims and is exploring on its primary properties which are the Midnight, OK, IXL and Golden Drip crown grants. Historically, under previous ownerships, these properties experienced gold production from narrow quartz veins with high grade gold content.

Plan Map of Drill Locations – Midnight Property:

http://cnrp.marketwire.com/cnrp_files/20091210-1211MAP.pdf?v=0.837

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 assisted by Cory Peck, B.Sc, Geol.I.T. Mr. 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.

42,692,794 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]

or

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