07:43:53 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Yale Resources Ltd
Symbol YLL
Shares Issued 80,166,379
Close 2011-03-04 C$ 0.095
Market Cap C$ 7,615,806
Recent Sedar Documents

ORIGINAL: Yale, Sonora sample 2.2 m of 432 g/t Ag at Los Amoles

2011-03-07 09:57 ET - News Release

Also News Release (C-SOC) Sonora Gold & Silver Corp

Received by email:

File: 11-07 March 7, 2011 - Yale stakes more land at Los Amoles - samples 432 gt Ag over 2-2m.doc

	 	         YLL - TSX.V
 		News Release #11-07
March 7, 2011

YALE STAKES ADDITIONAL LAND AT LOS AMOLES - SAMPLES 432 g/t SILVER OVER 2.2 M
 
Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to report it has applied for, by staking, an addition
--->al land adjoining the Los Amoles Property.  Work at Los Amoles is being done by Yale on behalf of Sonora Resources Cor
--->p. (previously Nature's Call), who has an option to earn a 70% interest in the property.

This new land package is 1,960 hectares (19.6 square kilometres) in size and covers extensions of the known mineralizi
--->ng system to the east and south of the main target area of the property.  

Reconnaissance sampling aimed at evaluating the potential continuation of the greater than 800 metres of strike extens
--->ion of the mineralization identified to date returned very encouraging values of:
50 cm grading 0.41 g/t gold and 215.6 g/t silver, and 
2.20 m averaging 0.39 g/t gold and 432.0 g/t silver.  

To date, greater than 45 historic workings and greater than 20 silver/gold veins have been identified within approxima
--->tely 60% of the El Rosario target area that measures 1.0 by 2.5 kilometres.  Additional fieldwork is planned to map an
--->d sample the remaining areas within the El Rosario target.  This work will be done in advance of geophysics, which in 
--->turn, will be done to delineate priority locations for drilling.

About the Los Amoles Property:

The early stage wholly owned 16.3 square kilometre Los Amoles Property is located approximately 150 kilometres northea
--->st of the Hermosillo, Sonora State, Mexico.  The property is 10 kilometres northeast of the La Caridad Mine, operated 
--->by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.  

Sonora Resources has an option to earn a 70% interest in the property by paying to Yale US $ 50,000 (received), spendi
--->ng US $ 900,000 on exploration expenditures and issuing 1,000,000 shares (200,000 have been received) to Yale over thr
--->ee years.

Samples from Los Amoles were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouver, re
--->spectively.  Samples generally consisted of 1-3 kg of material.  Gold and silver analyses were performed by 30 gram fi
--->re assay with an AA finish.    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.  The Los Amoles pr
--->operty is an early stage project that requires additional sampling and geological mapping to fully determine the proje
--->ct'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 Comp
--->any's future plans and objectives or expected results, may include forward-looking statements. Forward-looking stateme
--->nts are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource explo
--->ration and development. As a result, actual results may vary materially from those described in the forward-looking st
--->atements.


File: 11-07 March 7, 2011 - Yale stakes more land at Los Amoles - samples 432 gt Ag over 2-2m.pdf

                                                                                                              YLL � TS
--->X.V
                                                                                                              News Rel
--->ease #11-07
 March 7, 2011

 YALE STAKES ADDITIONAL LAND AT LOS AMOLES � SAMPLES 432 g/t SILVER
 OVER 2.2 M
 Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to report it has applied for, by
 staking, an additional land adjoining the Los Amoles Property. Work at Los Amoles is being done by
 Yale on behalf of Sonora Resources Corp. (previously Nature's Call), who has an option to earn a 70%
 interest in the property.
 This new land package is 1,960 hectares (19.6 square kilometres) in size and covers extensions of the
 known mineralizing system to the east and south of the main target area of the property.
 Reconnaissance sampling aimed at evaluating the potential continuation of the greater than 800 metres of
 strike extension of the mineralization identified to date returned very encouraging values of:
          - 50 cm grading 0.41 g/t gold and 215.6 g/t silver, and
          - 2.20 m averaging 0.39 g/t gold and 432.0 g/t silver.
 To date, greater than 45 historic workings and greater than 20 silver/gold veins have been identified
 within approximately 60% of the El Rosario target area that measures 1.0 by 2.5 kilometres. Additional
 fieldwork is planned to map and sample the remaining areas within the El Rosario target. This work will
 be done in advance of geophysics, which in turn, will be done to delineate priority locations for drilling.
 About the Los Amoles Property:
 The early stage wholly owned 16.3 square kilometre Los Amoles Property is located approximately 150
 kilometres northeast of the Hermosillo, Sonora State, Mexico. The property is 10 kilometres northeast of
 the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing
 complexes in Mexico.
 Sonora Resources has an option to earn a 70% interest in the property by paying to Yale US $ 50,000
 (received), spending US $ 900,000 on exploration expenditures and issuing 1,000,000 shares (200,000
 have been received) to Yale over three years.
      Samples from Los Amoles were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouv
--->er,
      respectively. Samples generally consisted of 1-3 kg of material. Gold and silver analyses were performed by 30 g
--->ram
      fire assay with an AA finish. 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. The Los Amol
--->es
      property is an early stage project that requires additional sampling and geological mapping to fully determine t
--->he
      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 Compa
--->ny's future plans and objectives
or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumpti
--->ons and are subject to all

                                                            Yale Resources Ltd.
                400 � 409 Granville St., Vancouver, BC, Canada V6C 1T2 telephone: 604-678-2531             facsimile: 
--->604-678-2532
 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.
                400 � 409 Granville St., Vancouver, BC, Canada V6C 1T2 telephone: 604-678-2531             facsimile: 
--->604-678-2532
 


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