Yale Identifies Two Geochemical Anomalies at Apache

Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to
report that ongoing field work at the Apache Property has identified two
strong multi-element soil geochemistry anomalies that coincide with
historic workings. This shows the potential for mineralization to
continue under overburden cover. The wholly owned 400 hectare Apache
Property is located approximately 150 kilometres north of Hermosillo,
Sonora State, and is approximately 30 km west of Timmins Gold′s San
Francisco Mine. The central mineralized zone at Apache is defined by
multiple historic workings centred on southwest trending veins and
contact zones hosted in altered metasediments.

Recent work at Apache concentrated on the flat area at south of the
property where there is very little outcrop. A total of 536 soil samples
were taken from a grid measuring 500 by 1,000 metres. The two most
significant anomalies coincide with small historic workings surrounded
by areas with sparse outcrop exposure. These results show the potential
for mineralization to be encountered over a much more significant area
covered by overburden.

The largest anomaly ? that coincides with the Las Tortugas workings ?
measures approximately 300 metres by 200 metres with strong silver,
copper, lead, zinc, mercury, and molybdenum values. This soil anomaly
more than quadruples the size of the target area. Previous sampling at
Las Tortugas (previously called Apache) returned the following results
(see news release dated Dec. 30, 2010):

During the collection of the soil samples a new historic working ? La
Cazcabel ? was encountered. This new mineralization coincides with the
second multi-element anomaly. The La Cazcabel anomaly measures
approximately 200 by 75 metres however, it is open to both the north and
west as the anomaly extends off of the northwest corner of the soil
grid. The La Cazcabel anomaly is strong in gold, lead and zinc with
moderate silver, mercury and molybdenum values.

Ongoing work at Apache will augment the size of the soil grid in
addition to detailed sampling of the new workings and trenching the core
of the soil anomalies.

About Yale Resources:

Yale Resources utilizes the project generator business model to maximize
its exposure to discovery while minimizing shareholder risk. Yale
currently has nine projects in its portfolio of which five are optioned
out with commitments totalling approximately $1.3 M in expenditures
during the next 12 months. At the same time Yale continues to work on
its non-optioned properties as well as reviewing new projects.

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

Samples from Apache were prepared and analyzed by IPL Inspectorate in
their facilities in Mexico and Vancouver, respectively. Samples
generally consisted of 1-3 kg of material. Silver, copper and zinc 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 and/or 1%
zinc (over limit) were re-analyzed using "ore grade′ detection limits.

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 Ltd.

Ian Foreman, 604-678-2531