Yale Announces Drilling Has Started at Guadalupe

Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to
announce a 2,500 metre drill program has started on the wholly owned
Guadalupe property, located in the heart of the Fresnillo district, on
behalf of and funded by our partner Gold American Mining Inc.

The first drill hole is targeting the down dip extension of the San
Antonio vein, the southern-most vein on the property, and is currently
at a depth of 260 meters. The San Antonio Mine shaft is approximately
270 metres deep. Historic maps and sections show that there are actually
two sub-parallel veins ? the Esperanza Vein and the San Antonio Vein ?
however the Esperanza Vein does not appear to outcrop on surface. The
planned target depth for the first hole is 500 meters and is expected to
cut the veins below the level of the historic workings.

Drilling is being done by Techmin S.A. de C.V. ? a drilling contractor
located in the Fresnillo area and has unparalleled experience in the
area as they have done a majority of the drilling for Fresnillo, plc and
have also worked for Fresnillo, plc and Mag Silver at the Juanacipio
Joint Venture, located only 11 km from the Guadalupe Property, where
they drilled holes to a depth of greater than 900 metres.

'This drill program is an important step in Yale′s "project generator′
business model as this is the first of our projects to be drilled by one
of our partners?, stated Ian Foreman, president of Yale.

About the Guadalupe Property:

The 282.84 hectare Guadalupe Property is located approximately 4
kilometres north of the city of Fresnillo, Zacatecas State, Mexico. The
property is approximately 8 kilometres north of the Fresnillo (Proaño)
Mine, the world′s richest underground silver mine operated by Fresnillo
plc. The property is also approximately 11 kilometres northeast of the
Juanicipio Joint Venture between MAG Silver Corp. and Fresnillo plc.

The Property contains greater than 20 known workings as well as two
historic mines ?Santa Rita and San Antonio. Historic records containing
references to the Santa Rita and San Antonio mines suggest that both
mines were important and reached their height of production between 1910
and 1920 but were last in production in the 1980′s.

Highlight results from the first phase exploration program were (see
news release dated May 13, 2010):

• 
  1.00 g/t Au and 946.9 g/t Ag over 1.1m
  
  
  • 
    including 1.83 g/t Au and 1,800.0 g/t Ag over 0.5 m
    
• 
  0.30 g/t Au and 622.0 g/t Ag from a mineralized dump
  
• 
  0.59 g/t Au and 330.0 g/t Ag over 0.7 m
  
• 
  5.35 g/t Au and 1,189.0 g/t Ag from a mineralized dump
  

About Yale Resources:

Yale Resources is an exploration and development company concentrating
in northwestern Mexico that is building value through project
generation. Yale continues to work on its non-optioned properties as
well as reviewing new projects.

Samples from the Guadalupe property will be prepared and analyzed by
Stewart Labs in their facilities in Mexico and Kamloops, respectively.
Gold and silver analyses will be performed by 30 gram fire assay with an
AA finish. Samples with greater than 100 g/t silver will be re-assayed
using gravimetric methods.

Ian Foreman, P.Geo., is Yale Resources′ Qualified Person, as defined by
National Instrument 43-101, for the Guadalupe property. The Guadalupe
property is an early stage project with no reported resources that
requires additional sampling and geological mapping to fully determine
the project′s potential.

On behalf of the Board,

'Ian Foreman?

Ian Foreman, P.Geo.

President

For additional information on Yale Resources please call the Company at
604-678-2531

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

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