West High Yield (W.H.Y.) Resources Ltd.

TSX VENTURE: WHY
West High Yield (W.H.Y.) Resources Ltd.
Feb 05, 2008 08:30 ET

West High Yield Releases Latest 2007 Drill Results and Continues to Average High Magnesium Content

CALGARY, ALBERTA--(Marketwire - Feb. 5, 2008) -

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 the Company has received the analysis for drill holes 9, 10 and 11 from its 2007 Diamond Drill Program. The Company has now received analysis for 12 out of 31 total drill holes and previously announced the results of drill holes 1 through 5, 6, 7, 8 and 14. Drill holes 9, 10 and 11 were drilled on the Company's Ivanhoe Ridge property and the assay results were provided by Assayer Canada of Vancouver, British Columbia. The Company anticipates receiving the results of the remaining 19 drill holes within the next 6 weeks. In the course of its exploration activities on the Ivanhoe Ridge property, the Company continues to see results which are consistent with the first 9 drill holes drilled on the Ivanhoe Ridge property. This includes broad zones of ultramafic rock containing magnesium, nickel, cobalt, chromuim and magnetite mineralization. The chart below summarizes the results for drill holes 9, 10 and 11 which have an average of .1721% nickel and 20.5% magnesium.



----------------------------------------------------------------------------
Depth
meters
DDH Hole ------------- Length Nickel Cobalt Chromium Magnetite Magnesium
IV07 Angle From To metres % ppm % % %
----------------------------------------------------------------------------
3.4 25.6 22.2 .1402 88 0.20 4.2 16.9
9 -50 ----------------------------------------------------------------
degrees 34.7 91.42 56.72 .1737 105 0.28 5.8 22.0
----------------------------------------------------------------------------
1.22 11.22 10.0 .1573 97 0.18 4.3 20.0
----------------------------------------------------------------
10 -55 87.82 101.55 13.73 .1469 92 0.24 4.5 16.9
degrees ----------------------------------------------------------------
115.87 306.34 190.47 .2083 113 0.33 4.9 25.4
----------------------------------------------------------------------------
3.66 52.94 49.28 .1820 103 0.28 5.9 22.4
----------------------------------------------------------------
57.55 75.82 18.27 .1650 96 0.24 5.4 21.4
11 90 ----------------------------------------------------------------
degrees 79.33 90.22 10.89 .1535 87 0.22 5.8 17.0
----------------------------------------------------------------
126.5 153.75 27.5 .2232 112 0.28 4.5 23.0
----------------------------------------------------------------------------
Disclaimers: The nickel values reported above include nickel in both
sulphide and non-sulphide minerals as total nickel. The north
portion of the Ivanhoe Ridge property includes areas of
moderate sub-volcanic and intrusive interruptions into the
serpentinites.


In the 2007 Drill Program, the Company completed 30 NQ diamond drill holes totaling 6,012 metres on its Ivanhoe Ridge property and 1 NQ diamond drill hole (267 metres) on its Golden Drip Claim prior to closing down field activities for winter in November, 2007. Ivanhoe Ridge and Golden Drip are located near Rossland, British Columbia. In previous press releases, the Company advised that it continues to intersect broad zones of ultramafic rock containing magnesium, nickel, cobalt, chromium and magnetite mineralization.

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 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.

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.

40,820,794 Common Shares Issued

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.

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: frank@whyresources.com

or

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

or

West High Yield (W.H.Y.) Resources Ltd.
Craig G. Robson
Vice President, Corporate Development
(778) 886-7961
(604) 274-1431 (FAX)
Email: cgrobson@shaw.ca or craig@urg.ca

or

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

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