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Yale Samples 2.70 g/t Au and 529.8 g/t Ag Over 2.10m ? Identifies Another New Zone at Orofino.

28.06.2010  |  Business Wire


Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to
announce that ongoing fieldwork at the wholly owned Orofino Project has
identified another new mineralized target. This new target is located in
the southern portion of a 4.5 by 2.5 kilometre coincident silica and
iron-oxide ASTER anomaly located in the approximate centre of the 83
square kilometre project. San Francisco is now the eleventh known
mineralized target within the Orofino Project. The highlight sample was
2.1 metres with a weighted average of 2.70 g/t gold and 529.8 g/t silver.


The San Francisco target is on trend with the Quelitoso target, located
approximately 1.3 km away, as well as the Santiago Target located an
additional 1.5 km away. This now creates a mineralized trend that
measures as least 3 kilometres in length.


The San Francisco target is made up of a 30 to 40 metre wide zone of
strong oxidation centred on a 5 to 6 metre wide core area of strong
silicification and veining. It has been traced in the field for 300
metres along strike and remains open in both directions.


Of note at San Francisco is the absolute lack of any signs of previous
sampling, which indicates to Yale management that there is potential to
encounter additional workings and/or targets in this portion of the
property as it appears to not have been explored by previous companies.


Multiple historic workings exist along this 300 metre portion of the San
Francisco target. To date, reconnaissance-style sampling has only been
done within these workings. Sampling from this initial reconnaissance
sampling returned the following results:


Sample

  

Location

  

Type

  

Width

  

Au

  

Ag

  

Pb

  

Zn

(m)

g/t

g/t

%

%

43461+2

Main working

Chip channel

2.1
2.70529.8
0.56

0.52

with 43461

  

Chip channel

0.45
0.7682.1
0.4

0.6

and 43462

  

Chip channel

1.65
3.231651.9
0.6

0.5

43463

Second working

Chip channel

1.9

0.23

40.2

0.9
1.95

43464

Third working

Chip channel

1.2

0.20
52.2
0.9
1.31

43465

Outcrop on hill crest

Chip channel

1.2

0.22

45.3
2.521.95

43466

Fourth working

Chip channel

1.3

0.39

25.4

0.8
2.27


The location of the San Francisco, Quelitoso and Santiago targets
appears to be controlled by cross-cutting northwest trending structures.
As there are multiple other northwest trending structures, there is very
good potential for the identification of additional targets along this
greater than 3 km long east-northeast mineralized trend.

Additional potential targets:


The reconnaissance program also identified several additional veins and
small workings within the 4.5 by 2.5 kilometre coincident silica and
iron-oxide ASTER anomaly. Local anomalous samples will be followed up
during the next phase of fieldwork on the property.

The Orofino Project:


The San Francisco Zone is the eleventh known mineralized target within
the Orofino Project. The property contains six historic open-pit
workings. Although production records are not available, the vendor of
the property had small-scale production during the mid-1990s, which
produced approximately 60,000 tonnes of ore grading approximately 2 to 4
grams per tonne gold. The Orofino Project is located approximately 135
km southeast of Hermosillo, Sonora State and is approximately 83 square
kilometres in size.


Highlights from previous work within the concessions are (see news
release dated October 6, November 6, and December 1, 2009):


  • 3.19 g/t gold and 83.2 g/t silver over 30.0 metres from within the La
    Perla pit;

  • 1.88 g/t gold and 56.8 g/t silver over 10.67 metres from drill hole
    north of La Perla pit;

  • 3.97 g/t gold over 9.14 metres from drill hole at the El Orofino target

  • 2.27 g/t gold and 13.7 g/t silver over 15.24 metres from drill hole at
    the El Gato target;

  • 2.53 g/t gold and 29.6 g/t silver over 4.4 metres from excavation at
    La Perlita West; and

  • 7.79 g/t gold and 173.0 g/t silver over 2.4 metres from excavation at
    La Perlita North


Ongoing work at Orofino will be aimed at defining drill targets.

Stock Options:


The Company has issued Cary Martin, Manager ? Investor Relations 200,000
stock options at $0.10 and will be exercisable until June 20, 2013.

About Yale Resources:


Yale Resources is an exploration and development company concentrating
in northwestern Mexico that is building value through project
generation. Yale has three of its seven properties optioned out to value
added partners. These agreements combine for minimum commitments of
approximately US $1,100,000 of exploration expenditures over the next 12
months. Yale continues to work on its non-optioned properties as well as
reviewing new projects with a focus on gold.


Ian Foreman, P.Geo, is the Qualified Person, according to National
Instrument 43-101, for the Orofino Project and is responsible for the
technical data mentioned in this news release.


All of the samples mentioned in this release were prepared and analyzed
by Inspectorate at their labs in Hermosillo and Vancouver and generally
consisted of 2-4 kg of material. Gold analyses were performed by 30 gram
fire assay with an AA finish. Silver and base metals were analyzed as
part of a multi-element ICP package using an aqua regia digestion;
samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc
(over limit) were re-analyzed using Inspectorate′s "ore grade′ detection
limits.


On behalf of the Board,

'Ian Foreman?


Ian Foreman, P.Geo.


President


Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

Statements in this press release, other than purely historical
information, including statements relating to the Company′s future plans
and objectives or expected results, may include forward-looking
statements. Forward-looking statements are based on numerous assumptions
and are subject to all of the risks and uncertainties inherent in
resource exploration and development. As a result, actual results may
vary materially from those described in the forward-looking statements.


Yale Resources

Cary Martin, 604-678-2531 ext. 223.



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