Valley High Mining Company Reviewing Projects Home and Abroad
05 Mayo 2014 - 6:00AM
Valley High Mining Company (OTCQB:VHMC) (USA) VH8 (Berlin) (the
"Company") is pleased to update shareholders on its progress in
identifying, evaluating, and closing in on significant gold
concessions both in the United States and abroad. The Company has
spent the past several months restructuring internally, engaging
the investment community, and putting forth extensive effort in
identifying significant projects in known gold producing areas –
including a West Africa deposit with over 700,000 ounces of gold
indicated.
The US opportunity is a yet undeveloped mineral resource
discovered by the current group of stakeholders made up of
geologist and long term operators. The targeted section of
land, representing 640 acres, is located in an old sea bed with
inferred mineral resources estimated to be over an ounce of gold
per ton with the mineral body exceeding 150 feet in depth based on
preliminary testing and evaluations by the
stakeholders. Preliminary information indicates that this
opportunity represents a development opportunity believed capable
of producing in excess of $1.0 Billion US in gross precious metal
recovery for this single section. The Company is continuing
with its due diligence and would like to move forward with its
economic assessment phase.
The Guinea, West Africa concession is among other active
concessions in the region and includes an NI 43-101 Preliminary
Economic Assessment and an Environmental Impact Report. The
indicated gold exceeds 700,000 ounces and the surrounding area
could present further opportunities for the Company. The
Company is continuing to negotiate both short and long term
opportunities with the group representing the concession.
For more information about Valley High Mining Co. visit their
website: http://vh-mining.com
About Valley High Mining Company:
Valley High Mining Company is a precious metals and minerals
exploration and development company. The Company focus has
been to analyze and evaluate lower risk and undervalued precious
metal and mineral resource opportunities. Recent project
evaluations for the Company include due diligence on projects
located in Peru, Nicaragua, West Africa, and the United States, as
well as the establishment of joint ventures and partnerships in the
regions. The Company will continue to explore new
opportunities in the expanding mineral resource sector.
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby. The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management as well as assumptions made by and information currently
available to the Company or its management. When used in this
document, the words "anticipate," "estimate," "expect," "intend,"
"plans," "projects," and similar expressions, as they relate to the
Company or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties. The
Company disclaims any obligation to update or revise any
forward-looking statements.
CONTACT: Investor Inquiries:
Valley High Mining Company
+1 360-536-4500
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