LEVON GIVES A NOTICE OF EXERCISE TO VALLEY HIGH ON ITS OPTION FOR 51% OF THE CORDERO-SANSON PROJECT, MEXICO
Levon Resources Ltd.
(Levon) (TSXV Symbol LVN.V) is pleased to announce that it has served notice on
Valley High Ventures (Valley High) (TSXV Symbol VHV.V) to prepare the final
accounting and documentation to complete the earn-in of Levons 51% of the
Cordero-Sanson Project (Cordero) near Hidalgo Del Parral, Chihuahua, Mexico
as per the terms of the Option Agreement dated February 11, 2009.
Once the balance of
the $1,250,000 Canadian dollars to complete the earn-in is agreed upon by both
parties, the balance of the funds will be advanced towards the Phase II drill
program, and Levon will complete the earn-in of the 51% of the Cordero . A joint venture will be concurrently formed
between Levon and Valley High and Levon will commence as the official operator
of the project.
Levon is a junior gold and precious metals exploration
company exploring the Cordero silver, gold, zinc and lead project
near Hidalgo Del Parral, Chihuahua, Mexico.
The Norma Sass and Ruf claims located near the Pipeline gold deposit, which
is being mined and explored by Barrick Gold Corporation in the heart of the
Cortez Gold Trend in Lander County, Nevada, USA. The Company also holds key land positions at Congress, BRX, and Wayside in the productive Bralorne Gold camp of British
Columbia, Canada.
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
Products & Services | Jobs
|