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VHGI: VHGI Gold Taps Key Mining Professionals to Assist With Development Plan for $50,000,000 Potential Reserves at Treasure Gulch Gold Mine; Investor Town Hall Meeting to be Scheduled
Date:12/15/2009

the development of the Treasure Gulch and Zero Gold Mines and the potential dividend for VHGI shareholders from the pending sale of certain healthcare related assets. Potential guests include Mr. Paul Cohen of Cohen Independent Research as well as VHGI management personnel. Further details will be released as they become available.

Recent VHGI Buy Recommendation & Long Term Target of $2.48, Expanded Press Coverage

Mr. Cohen has issued a research report on VHGI with a "buy" recommendation and a long-term target price of $2.48. Mr. Cohen has been compensated by VHGI for his analysis and distribution of the report; for the full report and more information including complete compensation disclosure please visit http://www.vhgigold.com. The Cohen Report and other information will also be featured on http://www.kitco.com , one of the most highly trafficked portals for Gold and Precious Metals News and online Bullion Product sales and purchases. VHGI has also confirmed that selective press coverage will also be expanded to portions of Europe and the U.K. as they have begun to receive requests for shareholder information from sources beyond North America.

Treasure Gulch Mine Potential

"Even taking into account start up costs and front-end capital expenses, the 12 month pro-forma financial model shows us to be cash flow positive within 120 days of commencing operations at the Treasure Gulch and Zero Mines. An initial investment of $1.5 million could produce first year revenues of $4.7 millio
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SOURCE Virtual Health Technologies, Inc.
Copyright©2009 PR Newswire.
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