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Cohen Independent Research Group Issues a 'Buy' Rating With a Target Price of $2.48 for VHGI; 8K filed regarding $50,000,000.00 Treasure Gulch Gold Reserves
Date:12/9/2009

ZERO MINES", originally prepared for Western Sierra Mining by Gold River Exploration. In addition to this updated analysis, Western Sierra Mining prepared pro forma financial projections relative to VHGI's operation of the Mine assuming the construction of a full scale processing facility onsite.

"At $1200/ oz Au, the report details that total reserves calculate to a gross recoverable value of 45,827 oz of Gold, or $54,992,400.00. Assuming a recovery rate of 92% (typical for a hard rock recovery operation) the extractable value would be $50,593,008. Furthermore, the report estimates an estimate of $ 100 per ton of processed ore, or approximately $200/ ounce Au," stated Jim Renfro, President of VHGI. "Additionally, we are evaluating pro-forma financials for 12 month revenue and income from the construction of a hard rock processing facility for the Treasure Gulch Gold Mine. We are pleased with this initial analysis of the data, and will release further details pending valuation by our staff." For further information please access the complete following on either the SEC website or http://www.vhgigold.com."

More Information Sources

In addition to the analyst report, the company has contracted with http://www.Standoutstocks.com to profile VHGI. The company will also issue alerts via Twitter at www.twitter.com/vhgigold, and press releases will be featured on the main page of http://www.kitco.com, one of the most highly trafficked portals for Gold and Precious Metals News and online Bullion Product sales and purchases .

Investors are invited to obtain information concerning our operations at

SOURCE Virtual Health Technologies, Inc.
Copyright©2009 PR Newswire.
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