VANCOUVER--(Business Wire)--
Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to announce
results from the ongoing work program at the 100% owned Orofino Project.
Within the La Perla pit Yale sampling returned 18.5 metres with a weighted
average of 2.02 g/t gold and 31.2 g/t silver. Detailed mapping indicates that
the shallow La Perla pit is located at the intersection of a vertical and a
shallowly dipping mineralized structure. These parallel structures each have
been traced over several hundred metres of strike length.
Approximately 200 metres northeast of the La Perla pit within the central
portion of the La Perlita targets a hand dug trench uncovered 17 metres with a
weighted average of 1.20 g/t gold and 10.8 g/t silver from a second set of
parallel veins.
"This work program continues to prove up strong targets for the planned drill
program at Orofino. Initial work by Yale geologists has confirmed the validity
of the significant amount of historical, non 43-101, data inherited by Yale upon
purchase of the property. Having this large quantity of data gives Yale a huge
advantage as we can advance towards a drill program that much quicker", stated
Yale president, Ian Foreman, P.Geo.
In addition, two samples from a large stockpile of mineralization from the
previous mining at Orofino returned 1.76 g/t gold and 1.48 g/t gold respectively
from 1.5 metre deep pits.
The Orofino Project:
The Orofino Project is located approximately 135 km southeast of Hermosillo,
Sonora State and is approximately 83 square kilometres in size. The Project area
is host to 9 known mineralized targets and 6 historic open pit workings.
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument
43-101, for the Orofino Property and is responsible for the technical data
mentioned in this news release.
Results mentioned in this release were prepared and analyzed by Inspectorate at
their labs in Hermosillo and Vancouver. Gold analyses were performed by 30 gram
fire assay with an AA finish. 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 were re-analyzed using `ore grade`
detection limits.
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
Ian Foreman, 604-678-2531
Copyright Business Wire 2009
