Yale Resources

    MarketWatch Undervalued Opinion: YLL.V appears to be an exceptional buy. Considering the quality management team and highly prospective nature of their Mexico properties, it is not unreasonable to expect YLL.V to experience a significant increase in share price/market cap as this young Mexico focused venture's story is more widely understood. Results from exploration continues to confirm management's beliefs and the risk-reward scenario is significantly enhanced for YLL as they execute on their strategy for growth. Undervalued and under the radar, the time to pay attention is now; with less than 32M shares outstanding (42M fully diluted) and currently trading at under CDN$0.18, the current market cap of YLL.V relative to its portfolio of highly prospective rapidly advancing projects seems disproportionate.

    Yale samples 10.6 g/t Au, 453 g/t Ag at Urique



    Sehr gute Resultate


    2008-02-06 13:06 ET - News Release


    Mr. Ian Foreman reports


    YALE IDENTIFIES SIGNIFICANT NEW GOLD-SILVER MINERALIZATION AT THE URIQUE PROJECT, MEXICO.


    Yale Resources Ltd.'s sampling performed in late 2007 has resulted in the identification of a significant new mineralized target at the Urique project, located in the prolific Sierra Madre gold belt, Chihuahua state, Mexico.


    This most recently identified zone, El Rosario, is located east of the town of Urique, and comprises multiple historic mines and prospects that exploited a system of high-grade veins. Formal mining of this area ended in the late 1920s and consisted of several hundred metres of underground workings on three levels. These historic workings are all within a zone of strong silicification in the andesite host rocks that measure approximately 100 metres wide and over 400 metres long. The zone is open at depth and along strike.


    Sampling has yielded significant values of as much as 10.6 grams per tonne gold and 8,290.0 g/t (or 241.5 ounces per ton) silver from 10- to 40-centimetre-wide veins. Sampling within the altered andesite has yielded gold and silver values of as much as 0.2 to 0.3 g/t gold and five to 41.0 g/t silver, suggesting that the El Rosario area has the potential to host a bulk-tonnage, open-pittable resource.


    As this area has poor exposure, trenching and drilling will be needed to fully understand the geology and mineralization. Significant assay results from the El Rosario area are in the attached table.



    URIQUE SAMPLE RESULTS


    Sample Width (m) Au (g/t) Ag (g/t) Ag (oz/t) Cu (%) Pb (%) Zn (%)


    El Rosario area -- surface
    7463 0.25 1.35 1,050.0 30.6 - 4.5 -
    7466 0.85 8.13 25.0 0.7 - - -
    7471 0.35 1.35 977.0 28.5 - 7.2 -
    7472 0.25 0.33 194.0 5.7 - 1.0 0.8
    7473 0.10 1.23 1,110.0 32.3 0.2 17.3 1.8
    7474 0.30 1.01 341.0 9.9 - 2.0 -
    7510 0.10 7.17 49.0 1.4 - 0.3 0.2
    7515 0.40 2.86 10.2 0.3 - - -
    7517 0.10 2.46 29.0 0.8 - 0.2 -


    Mina Murcielego -- vein
    7485 0.10 1.73 8,290.0 241.5 1.6 5.0 0.6
    7487 0.10 2.78 3,640.0 106.0 1.0 11.7 0.3
    7490 0.12 8.88 1,030.0 30.0 0.3 8.6 1.8


    Mina Murcielego -- wall rock
    7486 0.80 0.24 76.3 2.2 - 0.2 0.2
    7488 0.40 0.45 37.5 1.1 - 0.5 0.2
    7489 0.80 0.16 265.0 7.7 - 0.3 0.2


    Mina Murcielego -- surface
    7491 0.50 1.09 196.0 5.7 - 0.8 -
    7492 0.10 2.72 870.0 25.3 - 1.4 -


    El Salto crosscut -- veins
    6858 0.22 4.93 804.0 23.4 0.2 0.4 -
    6859 0.10 3.72 425.0 12.4 0.6 0.4 0.7


    El Salto crosscut -- wall rock
    6854 0.44 0.19 21.3 0.6 - - -
    6856 1.05 0.16 6.4 0.2 - - -
    6860 0.40 0.43 14.1 0.4 - - -


    Prospect pits and small workings -- veins
    6815 0.15 0.06 898.0 241.5 0.2 2.0 -
    7483 0.10 2.14 3,220.0 93.8 1.2 7.4 6.9
    7497 0.10 0.62 197.0 5.7 - 1.2 -
    7499 0.12 0.98 210.0 6.1 - 0.6 -
    7500 0.30 1.54 261.0 7.6 - 2.6 0.5
    7501 0.10 0.83 293.0 8.5 - 2.2 -


    Tezcalama crosscut -- veins
    6837 0.40 2.28 15.9 0.5 - - -
    6838 0.10 0.35 1,550.0 45.2 0.5 0.4 0.2
    6840 0.10 2.24 524.0 15.3 0.2 1.3 0.2
    6842 0.17 2.87 1,155.0 33.6 1.1 2.7 0.2
    6843 0.10 0.76 302.0 8.8 0.2 0.3 7.9
    6853 0.10 10.60 453.0 13.2 0.5 7.9 2.8


    Tezcalama crosscut -- altered wall rock
    6844 2.00 0.02 10.1 0.3 - - 0.2
    6845 2.00 0.05 5.3 0.2 - - -
    6846 2.00 0.32 5.1 0.1 - - 0.2
    6847 2.00 0.30 41.2 1.2 - - -
    6848 2.00 0.21 5.5 0.2 - - -
    6849 2.00 0.01 2.0 0.1 - - -
    6850 1.60 0.09 12.2 0.4 - - -
    6851 1.50 0.24 5.0 0.1 - - -
    6852 1.00 0.07 38.6 1.1 - - 0.2



    The El Rosario target was previously part of the Urique target, but since more than 30 historic mines have been found within the area, the four-square-kilometre Urique target has been broken into several smaller parcels. The El Rosario target is the first to have received detailed mapping and sampling.


    We seek Safe Harbor.

    8 Kilos Silver per Tonne at Urique


    By Darryl Kelley, resourcexinvestor, Feb. 28th


    Yale Resources Ltd (YLL TSX.V) has recently announced the discovery of a new mineralized zone at their Urique Project, a 29,000 hectare property in Sierra Madre gold belt in Mexico.

    This most recently identified zone, El Rosario, is located east of the town of Urique and comprises multiple historic mines and prospects that exploited a system of high grade veins. Formal mining of this area ended in the late 1920's and consisted of several hundred metres of underground workings on three levels. These historic workings are all within a zone of strongly silicified andesite host rocks that measures approximately 100 metres wide and over 400 metres long. The zone is open at depth and along strike sampling has yielded significant values of as much as 10.6 g/t gold and 8,290.0 g/t (or 241.5 ounces per ton) silver from 10-40 centimetre wide veins. There were also two veins that returned assays greater than 3,000 g/t silver and a half dozen other veins grading greater than 1,000 g/t silver. And there are more that went unsampled. Of note for the technical types is that these veins consistently have elevated gold grades, which is significant as several mineralizing systems in the district that have similar gold grades at surface have been proven to have better continuity at depth. Sampling within the altered andesite has yielded gold and silver values of as much as 0.2 to 0.3 g/t gold and 5.0 to 41.0 g/t silver suggesting that the El Rosario area has the potential to host a bulk tonnage open pittable resource.


    “What we’ve identified there now is a target that’s over 400 m long and 100 m wide. We’re dealing with silicified andesites in which we see discrete veins coming up through it, you’ve got stringers, stockwork, and some of the sampling of the individual veins are yielding up to 8 kilos per tonne of silver. We’re getting some shockingly high values”, said Mr. Foreman, P.Geo., president of Yale Resources.


    Numerous plus-one million ounce gold deposits have been discovered in this 300 km long region of southwestern Chihuahua: including Mulatos (Alamos Gold), Dolores (Minefinders), Ocampo (Gammon Lake), as well as the El Sauzal mine (Goldcorp). The Urique Project is located only 10 km from the El Sauzal mine.


    The El Sauzal mine entered production in 2004 and was scheduled to produce 170,000 ounces in 2005. As of Dec. 31, 2005, the mine has proven and probable reserves of 15,821,000 tonnes grading 3.29 g/t gold (for a total of 1,673,000 ounces) and measured and indicated resources of 20,529,000 tonnes grading 2.73 g/t gold (for a total of 1,802,000 ounces)
    As if having a successful exploration program in a district scale project isn’t enough, Yale is also building an asset at it’s wholly owned La Verde Project in Sonora.

    Having just returned from a field trip to the La Verde Grande mine, the crown jewel in Yale’s La Verde project, Mr. Foreman showed us pictures of management team members underground in the old workings. Oxidized copper on the surfaces of the adit imparts a blue-green tinge to the ambient light generated from the flash. The walls are literally covered from top to bottom with copper oxidization.


    “They were mining high grade copper from here”, explains Mr. Foreman. “This was being mined in the early 1900’s. They were hand sorting high grade ore that they were chasing. And I’m confident that they only exploited a small portion of the deposit”


    Yale recently announced an addition to its La Verde project - the La Cobriza claim. "This ground is a very important addition to the La Verde Project as there are several geological and structural trends that have been identified that cross the La Cobriza property,” said Mr. Foreman. “Yale now has control over all of the significant known mineralization in the vicinity of the La Verde Grande Mine and we will be able to fully take advantage of having unencumbered access to test the multi-million tonne potential of the property."


    A sampling program by the Consejo de Recursos Minerales on La Cobriza in 1982 showed that there is skarn mineralization irregularly distributed over a strike length greater than 500 metres. Twenty five widely spaced chip channel samples from the various historic workings throughout this area ranged from 0.28 to 5.45 % copper, 0.15 to 8.60 % zinc, 3.90 to 578.00 g/t silver and 0.1 to 11.1 g/t gold (note: these samples are included for reference only as they are historical in nature due to them being collected before the creation of NI 43-101).


    “So we’re advancing well on all fronts,” Mr. Foreman concluded. “We’ll see trenching and sample results from the Carol property, which are visually interesting, I’m told; drilling at Urique; and we’re looking forward to results of sampling at La Cobriza and elsewhere at La Verde. So we have lots of news coming.”


    You can learn more about Yale Resources at their web site at http://www.yaleresources.com.
    ---
    Quelle


    VG heron

    Yale Resources Ltd. Distinguished in Resource Investment Journal for 8 Kilos Silver per Tonne at Urique and Copper-Gold-Silver-Zinc mine potential at La Verde


    NEW YORK, NY -- March 4, 2008 /Sector Newswire/ - Resourcex Investor has published a review on Yale Resources Ltd. (TSX-V: YLL) (YRLLF.PK) (YAB.F) entitled "8 Kilos Silver per Tonne".


    Yale Resources Ltd. has experienced a 20%+ increase in share price in February due to increased awareness of the considerable upside potential the Company presents on highly mineralized projects and significant developments on several fronts;


    1) The announcement of significant silver values on their Urique, Mexico property affirms the highly prospective nature of the historic workings, mines and prospects within which yielded significant values of as much as 10.6 g/t gold and 8,290.0 g/t (or 241.5 ounces per ton) silver from 10-40 centimetre wide veins. Sampling within the altered andesite has yielded gold and silver values of as much as 0.2 to 0.3 g/t gold and 5.0 to 41.0 g/t silver suggesting that the El Rosario area has the potential to host a bulk tonnage open pittable resource.


    2) News that Yale has added a significant piece of land to their La Verde Project has enabled them to secure control & stewardship of entire La Verde project, thus maximizing future upside of highly prospective Copper-Gold-Silver-Zinc mine potential.


    3) Yale topped off the month with news of geophysics that identifies possible extentions to the La Verde Grande Deposit.


    The aforementioned developments coupled with Yale's quality management team and highly prospective nature of their Mexico properties are presenting outstanding opportunity as summarized by Resourcex Investor (...)
    ---
    SOURCE: Sector Newswire


    VG heron

    Yale Resources completes La Verde Grande study



    2008-03-13 09:46 ET - News Release


    Mr. Ian Foreman reports


    YALE COMPLETES PRELIMINARY METALLURGICAL STUDIES AT LA VERDE GRANDE


    Yale Resources Ltd.'s preliminary metallurgical studies on mineralization from within the La Verde Grande mine have shown that excellent recoveries can be obtained for copper and zinc. Bottle roll tests indicate that recoveries of 84.3 per cent for copper and 76.5 per cent for zinc are obtainable. Gold and silver recoveries were not part of this first test.


    The study was completed in Hermosillo by Consulores Entalpia which have acted as metallurgical consultants to many of the copper mines in Sonora, including Piedras Verdes (Frontera Copper), Cananea (Penoles) and La Caridad (Grupo Mexico). The study was performed on approximately 150 kilograms of material from the lower level of the La Verde Grande mine, which had an average grade of 2.21 per cent copper and 0.68 per cent zinc. Historic metallurgical studies and production data have resulted in a wide variety of results with emphasis on either copper or silver depending on their relative value at the time and always involved the flotation of the oxide mineralization. The most recent, performed in 1981, studied the recovery of silver and gold by floatation with the recovery of copper from the tails. This resulted in total metal recoveries estimated at 81 per cent for copper, 80 per cent for silver and 60 per cent gold -- with no consideration for zinc.


    In bringing the metallurgical studies to current standards, a key component is to test the viability of a heap leach scenario for the La Verde Grande mineralization. A preliminary column test performed by Yale showed recoveries of 66.61 per cent copper after 30 days on 30 kg of "run of mine" (no crushing) mineralization. The results of this initial test indicate that better recoveries could be obtained with a longer leach time and that recoveries may also be improved with crushing.


    Yale is awaiting recommendations for further studies to determine optimal parameters for heap leaching while also examining the economic viability of conventional milling and processing as an alternative processing route.


    "This is a critical step in advancing the La Verde Grande deposit towards feasibility as the combination of favourable preliminary metallurgy and high grades encountered to date together with record metal prices suggests that there is the real potential to define an orebody within the La Verde project," stated Ian Foreman, PGeo, president of Yale Resources.


    Mr. Foreman is the qualified person, according to National Instrument 43-101, for the La Verde project and is responsible for the technical data mentioned in this news release. "Historic" data is supplied for reference only and should not be relied upon as they predate NI 43-101.

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