Levon Resources

Published : June 10th, 2009

Exploration at Cordero Discovers New Zone and Expands the District

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Keywords :   Argon | Canada | G Mexico | Gold | Lead | Mexico | Silver | Water | Zinc |



 

TSX Venture: LVN
OTC: LVNVF
Frankfurt/Berlin: LO9

52-week range $0.05 - $0.17
Shares Outstanding 45,239,483

Investor Relations: 604.682.3701


EXPLORATION AT CORDERO DISCOVERS NEW ZONE & EXPANDS THE DISTRICT

Levon Resources Ltd. (TSXV Symbol LVN) and joint venture partner Valley High Ventures Ltd. (�Valley High�) (TSXV Symbol VHV.V) are pleased to report that current exploration results have expanded the Cordero silver, gold, base metal porphyry district by about 2 km to the southwest along the strike of a mineralized porphyry belt.  This new target, the Pozo de Plata (Silver Well) Zone,  is defined by mapping and sampling results that establish the presence of a poorly exposed, mineralized rhyolite dike and diatreme complex in an area of alluvial cover.  There is no evidence of past exploration work in this area except for the accidental exposure of silver bearing breccias in a recently deepened water well.

Results from a trench excavated approximately 50 m east and north from the water well returned 355 metres grading 14.0 g/T Ag, 0.13 g/T Au, 0.12% Zn and 0.12% Pb including 175 metres at 21.8 g/T Ag, 0.20 g/T Au, 0.16% Zn and 0.20% Pb.   Additional rock sampling along a nearby stream bed that exposed rhyolite dikes and diatreme breccias returned anomalous grab samples from bedrock exposures over a distance of 150 metres.  Of eighteen grab samples collected, silver values range from 3.2 ppm to 374 ppm with eight samples returning greater than 50 ppm.  Gold values range from 157 ppb to 1190 ppb. 

The Cordero property is centered on a mineralized belt of porphyries that has now been defined through a strike length of 6 km and a width of about 3 km.  The district is covered by the joint venture claims and consolidated land agreements that total about 10,000 hectares.  Work has been ongoing continuously since February with work comprised of detailed geological mapping, soil sampling, rock chip sampling, trenching and 3D induced polarization surveys. 

A state of the art 3D induced polarization survey (�IP�) designed by SJ Geophysics, Vancouver, B.C. was completed May 30, 2009.  The data is currently being processed and a 3D inversion model constructed.  The IP survey covers the Cordero dome, the next intrusion to the northeast and was extended to cover the Pozo de Plata zone.  The IP inversion results will be integrated into a 3D Gocad exploration model being constructed for the porphyry belt in preparation for an extensive drill program planned for later this year.  

As announced on February 12, 2009, Levon may earn a 51% interest in Valley High�s Cordero by spending Cdn $1,250,000 by the end of February 2013 with a first year work commitment of Cdn. $250,000.  The Cordero project is located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico.
All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at its labs in Chihuahua and Vancouver. Gold analyses were performed by 30-gram fire assay with an atomic absorption (AA) finish. Silver, lead and zinc were analyzed as part of a multi-element inductively coupled argon plasma (ICP) package using a four acid digestion. 
Vic Chevillon M.A., C.P.G. who is a qualified person within the context of National Instrument 43-101 has read and takes responsibility for this news release.

Levon is a junior gold exploration company with key land positions at Congress, BRX, and Wayside in the productive Bralorne Gold camp of British Columbia, Canada, and the Norma Sass and Ruf claims near the Pipeline gold deposit being mined and explored by Barrick Gold Corporation in the heart of the Cortez Gold Trend in Lander County, Nevada, USA, and the Cordero Silver, Gold, Lead, Zinc project near Hidalgo Del Parral, Chihuahua, Mexico.

For further information contact Levon Resources Ltd. at (604) 682-3701, or log onto our website www.levon..com.


ON BEHALF OF THE BOARD


�Ron Tremblay�
_____________________________
Ron Tremblay
President



The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this release.

This email may contain certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

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Levon Resources

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CODE : LVN.V
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Levon is a silver and zinc development stage company based in Canada.

Levon holds various exploration projects in Canada.

Its main exploration properties are CONGRESS PROPERTY, EAGLE CLAIMS (CORRALL CANYON), NORMA SASS CLAIMS, RUF, BRX (GOLD BRIDGE AREA) and MT. POLLEY in Canada and CORDERO-SANSON in Mexico.

Levon is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 186.9 millions as of today (US$ 187.0 millions, € 141.7 millions).

Its stock quote reached its lowest recent point on January 23, 2009 at CA$ 0.05, and its highest recent level on April 21, 2011 at CA$ 2.38.

Levon has 198 821 000 shares outstanding.

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Annual reports of Levon Resources
2008 Annual report
Annual Reprot 2007
Financings of Levon Resources
7/31/2009Closes $800,000 Non Brokered Private Placement
6/22/2009Non-brokered private placement to advance Cordero project an...
Nominations of Levon Resources
3/29/2011WELCOMES TWO NEW BOARD MEMBERS
2/24/2009APPOINTMENT OF VICE PRESIDENT - EXPLORATION
9/10/2007NEW APPOINTMENT TO THE BOARD OF DIRECTORS
Project news of Levon Resources
4/5/2017to Complete Resource Infill Drilling to Test a Starter Pit S...
5/5/2011(Congress Property)Clarifies Technical Disclosure Related to Its Congress Prope...
3/17/2011(Cordero-sanson)Discovers High Grade Contact Replacement Style Mineralizatio...
4/7/2010(Cordero-sanson)Phase 2 Drilling at Cordero Project
9/2/2009(Cordero-sanson)Trenching expands targets at Cordero Project, Mexico
6/10/2009(Cordero-sanson)Exploration at Cordero Discovers New Zone and Expands the Di...
3/2/2009(Cordero-sanson) & Valley High Begin Work at the Cordero Silver, Gold, Lead,...
Corporate news of Levon Resources
6/27/2011LEVON'S WARRANTS EXERCISED IN FULL
6/21/2011Reports First Bulk Tonnage NI 43-101 Compliant Resource at I...
5/19/2011ANNOUNCES CLOSING OF $40,170,000 OFFERING
4/30/2011Accelerates the Expiry of Former Valley High Warrants
4/28/2011ACCELERATES EXPIRY OF WARRANTS
4/13/2011We Will Be Moving Thursday April 14th
4/11/2011RESOURCED LTD. INCREASES SIZE OF BOUGHT DEAL FINANCING TO $4...
3/26/2011COMPLETES ACQUISITION OF VALLEY HIGH VENTURES
3/22/2011ANNOUNCES THAT VALLEY HIGH SHAREHOLDERS AND OPTION HOLDERS A...
2/12/2009JOINT VENTURE WITH VALLEY HIGH VENTURES AT THE CORDERO PROPE...
1/23/2009EARLY WARNING REPORT
11/5/2008Letter to the Shareholders
9/24/2008CONGRESS PROPERTY, BC DRILLING SUMMARY REPORT RELEASED
8/28/2007Announces Investor Relations Agreement
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