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Yale Summarizes a Successful 2010

24.01.2011  |  Business Wire


Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to
provide its shareholders with a recap of a very successful 2010 and the
Company′s plans for moving forward and continued growth in 2011.


Yale′s business model of being a Project Generator showed its value to
Yale′s shareholders in 2010 by providing Yale with sufficient working
capital to continue working on it′s wholly owned projects and expand its
portfolio of projects without diluting the Company by undertaking a
financing. Yale added four properties to its comprehensive portfolio of
projects in 2010. The Company was then successful in optioning out two
of those properties - Guadalupe and Los Amoles.


Funding provided by Yale′s partners in 2010 was approximately double
that of 2009 ? showing considerable growth in the Company′s business
plan. These expenditures were highlighted by the discovery of a
previously unrecognized portion of the Marcos de Oro Vein within our
wholly owned Guadalupe property. The intersection of 11.5 m averaging
2.03 g/t gold and 382.6 g/t silver (see news release dated Dec. 15,
2010) assures that additional work will be performed on the property. In
addition, Yale′s cash proceeds from its partners in 2010 was more than
double that in 2009.


'For Yale to have raised that amount of money in 2010 we would have had
to issue upwards of 18 million shares. By having partners help with the
exploration of our projects we have kept dilution to a minimum?, stated
Ian Foreman, P.Geo., president of Yale.


Also during the year the Urique Project was returned to the Company. The
option proved very successful in that a new high grade gold clavo was
discovered within the El Rosario workings, with highlight samples
grading: 9.74 g/t gold and 356.7 g/t silver over 1.68 m, 2.16 g/t gold
and 92.5 g/t silver over 2.93 m, and 3.60 g/t gold and 108.2 g/t silver
over 1.87 (see news release dated November 17, 2009). With the recent
addition to the San Pedro target, Yale anticipates that it will be able
to find a new partner for the property.


The projection for 2011 is for continued growth of Yale through the
optioning of additional projects as well as increased exploration
commitments on our current portfolio of optioned properties. In
conjunction with working with our partners, Yale will continue to
advance our wholly owned projects.


Yale anticipates that at least two projects will be drilled by partners
in 2011 and that the Company will be able to drill at least one of its
wholly owned projects.


Results are pending on the recent work program at Los Amoles completed
on behalf of our partner Nature′s Call and field work is anticipated to
start shortly on the Company′s newest property, Apache.

Stock Options:


The Company has granted 1,500,000 stock options to management, officers,
directors and consultants of the Company at a value of $0.10 that will
expire on January 24, 2014.


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.


Samples for the Urique Project were prepared and analyzed by IPL
Inspectorate in their facilities in Mexico and Vancouver, 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 g/t gold 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 and the Urique
Project. The Guadalupe property and the Urique Project are early stage
projects 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


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 Ltd.

604-678-2531



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