Yale Reports Results from First Two Holes at Guadalupe

Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to
report that the first two drill holes the Guadalupe Property located in
Zacatecas State, Mexico each successfully intersected multiple targets.
These two holes are the first to be reported from the approximately
2,500 metre program that is currently underway at Guadalupe that is
being performed by Yale on behalf of its partner Silver American Mining
who are currently funding all work on the property.

The drilling has shown that mineralization can now be traced for greater
than 300 metres down dip and that the veins are very consistent in width
to that depth.

The following table presents highlight results:

About the Guadalupe Property:

The Guadalupe property contains two historically significant mines and
is located in one of Mexico′s oldest mining districts, roughly 9
kilometres north of the Fresnillo (Proaño) Mine, the world's richest
underground silver mine, operated by Fresnillo plc. Roughly 11
kilometres to the southwest of the Guadalupe Property is 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 1980s.

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 properties optioned out to value added
partners. These agreements combine for minimum commitments of
approximately US $1,000,000 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.

Samples from the Guadalupe property were prepared and analyzed by
Stewart Labs in their facilities in Mexico and Kamloops, respectively.
Samples generally consisted of 1-3 kg of material. Gold and silver
analyses were performed by 30 gram fire assay with an AA finish. Samples
with greater than 1% copper, lead and/or zinc are re-analyzed using
their ore grade analysis. Samples with greater than 100 g/t silver were
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, 04-678-2531 ext. 223