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Levon Resources

Publié le 02 mars 2009

& Valley High Begin Work at the Cordero Silver, Gold, Lead, Zinc Project, Mexico

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

52-week range $0.05 - $0.16
Shares Outstanding 45,239,483

Investor Relations: 604.682.3701


LEVON RESOURCES & VALLEY HIGH BEGIN WORK AT THE CORDERO SILVER, GOLD, LEAD, ZINC PROJECT, MEXICO



Levon Resources Ltd. (Levon) and its joint venture partner Valley High Ventures Ltd. (Valley High) announce that crews have begun work on the Cordero silver, gold, lead, zinc project, Chihuahua, Mexico.  Cordero, located some 35 kilometers northeast of Hidalgo Del Parral, is well located with access by state highways and regional roads and could be serviced by nearby railroads and power lines.  The property encompasses a high level, porphyry-style silver, gold, lead, zinc, and molybdenum district with volcanic-hosted silver, gold and base metal veins and stockworks. 

 

Previous work on Cordero dates from the 1950s and focused mainly on either the high grade silver gold veins or the porphyry molybdenum potential.  Valley Highs wholly owned Mexican subsidiary, acquired the project in 2006 and has since conducted property wide soil sampling, geological mapping, limited trenching and IP and re-assaying of  historical core.  This work has identified several high priority exploration targets that reflect potential for bulk mineable mineralization.  The current work program will involve continued assessment of the existing areas of interest as well as expanding the area of coverage outboard from the existing grids into areas of alluvial cover. 

 

As announced on February 12, 2009, Levon may earn a 51% interest in Valley Highs Cordero by spending Cdn $1,250,000 by the end of February 2013 with a first year work commitment of Cdn. $250,000.  Valley High is the initial operator however Levon is providing technical input and geologic services.  

 

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.

 

 


ON BEHALF OF THE BOARD

Ron Tremblay

Ron Tremblay, President


This press release contains forward looking statements.  Forward looking statements express as at the time of this press release, the Companys expectations or beliefs as to future events and results.  Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements are accurate.  Therefore, actual results and future events could differ materially from those anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT:


Levon Resources. Ltd
RonTremblay
President
(604) 682-3701
(604) 682-3600 (Fax)

Website: www.levon.com

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

EXPLORATEUR
CODE : LVN.V
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Levon est une société développant des projet miniers d'argent et de zinc basée au Canada.

Levon détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont CONGRESS PROPERTY, EAGLE CLAIMS (CORRALL CANYON), NORMA SASS CLAIMS, RUF, BRX (GOLD BRIDGE AREA) et MT. POLLEY au Canada et CORDERO-SANSON au Mexique.

Levon est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 186,9 millions CA$ (187,0 millions US$, 141,7 millions €).

La valeur de son action a atteint son plus bas niveau récent le 23 janvier 2009 à 0,05 CA$, et son plus haut niveau récent le 21 avril 2011 à 2,38 CA$.

Levon possède 198 821 000 actions en circulation.

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Rapports annuels de Levon Resources
2008 Annual report
Annual Reprot 2007
Financements de Levon Resources
31/07/2009Closes $800,000 Non Brokered Private Placement
22/06/2009Non-brokered private placement to advance Cordero project an...
Nominations de Levon Resources
29/03/2011WELCOMES TWO NEW BOARD MEMBERS
24/02/2009APPOINTMENT OF VICE PRESIDENT - EXPLORATION
10/09/2007NEW APPOINTMENT TO THE BOARD OF DIRECTORS
Projets de Levon Resources
05/04/2017to Complete Resource Infill Drilling to Test a Starter Pit S...
05/05/2011(Congress Property)Clarifies Technical Disclosure Related to Its Congress Prope...
17/03/2011(Cordero-sanson)Discovers High Grade Contact Replacement Style Mineralizatio...
07/04/2010(Cordero-sanson)Phase 2 Drilling at Cordero Project
02/09/2009(Cordero-sanson)Trenching expands targets at Cordero Project, Mexico
10/06/2009(Cordero-sanson)Exploration at Cordero Discovers New Zone and Expands the Di...
02/03/2009(Cordero-sanson) & Valley High Begin Work at the Cordero Silver, Gold, Lead,...
Communiqués de Presse de Levon Resources
27/06/2011LEVON'S WARRANTS EXERCISED IN FULL
21/06/2011Reports First Bulk Tonnage NI 43-101 Compliant Resource at I...
19/05/2011ANNOUNCES CLOSING OF $40,170,000 OFFERING
30/04/2011Accelerates the Expiry of Former Valley High Warrants
28/04/2011ACCELERATES EXPIRY OF WARRANTS
13/04/2011We Will Be Moving Thursday April 14th
11/04/2011RESOURCED LTD. INCREASES SIZE OF BOUGHT DEAL FINANCING TO $4...
26/03/2011COMPLETES ACQUISITION OF VALLEY HIGH VENTURES
22/03/2011ANNOUNCES THAT VALLEY HIGH SHAREHOLDERS AND OPTION HOLDERS A...
12/02/2009JOINT VENTURE WITH VALLEY HIGH VENTURES AT THE CORDERO PROPE...
23/01/2009EARLY WARNING REPORT
05/11/2008Letter to the Shareholders
24/09/2008CONGRESS PROPERTY, BC DRILLING SUMMARY REPORT RELEASED
28/08/2007Announces Investor Relations Agreement
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TSX-V (LVN.V)FRANKFURT (LO9.F)
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