Levon Resources Ltd. announced that the company has entered in to an agreement with La Cuesta International Inc. (LCI) to acquire 100% of the Las Mesas gold-silver-lead-zinc project, Durango, Mexico. Las Mesas covers 24,732 hectares of staked claims and is located near the small villages of Pena and Ignacio Manuel Altamirano, about 43 kilometers south of Santa Maria del Oro. The ground is near the well known mineral districts of Magistral del Oro and Inde, and is 45 km WNW of Silver Standard Resources Pitarrilla Project, Durango, Mexico. The initial purpose of the agreement is to fund continued LCI prospecting of the zone, teamed up with Levon geologists to identify drill targets for large scale, high grade and/or bulk tonnage Au, Ag, Pb, Zn deposits.

Levon Resources Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2009. For the quarter, the company reported net loss of CAD 174,147 and loss before other items of CAD 165,935 compared to net loss of CAD 74,556 and loss before other items of CAD 78,259 for the same period of last year. Cash used in operating activities was CAD 120,978 compared to CAD 53,627 for the same period of last year. Purchase of equipment was CAD 2,256. For the nine months, the company reported net loss of CAD 348,725 or CAD 0.01 per basic and diluted share and loss before other items of CAD 350,073 compared to net loss of CAD 227,310 or CAD 0.01 per basic and diluted share and loss before other items of CAD 233,988 for the same period of last year. Cash used in operating activities was CAD 199,311 compared to CAD 238,050 for the same period of last year. Purchase of equipment was CAD 2,256.

Valley High Ventures Ltd. and Levon Resources Ltd. announced that results have been received from sampling of a recently excavated trench at the newly identified Dos Mil Diez zone located some 1.7 kilometres southwest of the nearest drill hole in the Pozo de Plata zone. Highlights of the trench include a central gold-rich domain that returned 60 metres grading 0.95 grams per tonne gold from within a larger 265 metre long interval characterized by sporadic elevated silver, zinc and lead. The trench exposed a central gold-rich zone on a hematite stained hill comprised of silicified and argillic altered rhyolite breccia dykes gradational into surrounding recessive weathering polylithic diatreme breccia. The breccia zones are intensely weathered and oxidized and characterized by red hematite and manganese staining. Geological mapping in the area of this trench has identified numerous nearby historical workings of unknown age that includes pits, an adit and slag debris. A second drill rig has begun drill testing this new discovery. The Cordero silver, gold, zinc, lead project comprises wholly-owned claims and consolidated land agreements that total about 20,000 hectares and is located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico. The exploration target is a bulk-mineable deposit geologically similar to the Penasquito deposit currently being developed by Goldcorp Inc. Including the Dos Mil Diez zone, the prospective mineralized belt at Cordero, as defined by five porphyry or intrusive centres, has now been defined through a strike length of 8 km and a width of about 3 km. The Trench was excavated with a bulldozer to depths of 1 to 2 metres and sampled continuously through 5m intervals. 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, zinc and lead were analyzed as part of a multi-element inductively coupled argon plasma ("ICP") package using a four acid digestion.