SOURCE: Yale Resources Ltd.

January 17, 2008 13:48 ET

Yale Starts Phase II Trenching Program at Carol Property

VANCOUVER, BC--(Marketwire - January 17, 2008) - Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to announce that it has started the phase II exploration program at the Carol Property, located in southern Sonora State, Mexico. This program will include detailed mapping of the key mineralized zones as well as a planned 500 metres of trenching. The goal of this program is to determine if the various mineralized zones previously sampled may form a bulk tonnage oxidized copper-zinc +/- gold-silver deposit.

The phase II exploration program will follow up on the results of the 2007 phase 1 program (summarized below and originally released in news release dated Nov. 27, 2007.) To date the Company has shown that the Carol property hosts two skarn zones: Balde South and Balde North. The Balde South measures approximately 1,100 metres long and 400 metres wide, while the Balde North, located 800 metres away, measures approximately 300 metres by 800 metres.

Within the Balde South skarn mapping and sampling has identified two key zones with visible copper oxide mineralization. The first is approximately 30 by 30 metres and contains several small exploratory workings. Sampling in this area returned a weighted average of 1.73 % Cu, 3.13 % Zn, 11.99 g/t Ag, and 0.21 g/t Au over an average width of 5.33 metres.

The second area, located 500 metres to the south -- still within the Balde South skarn, measures approximately 300 metres by 200 metres. Six samples collected with average widths of 2.9 metres returned a weighted average of 1.54 % Cu, 0.55 % Zn, 10.39 g/t Ag, and 0.35 g/t Au. The upside potential for the Balde South skarn is demonstrated by sample 33, located some 300 to the east, which graded of 1.73 % Cu, 13.65 % Zn, 0.77 g/t Au, and 7.47 g/t Ag over 4.0 metres.

Irregularly spaced chip channel sampling within the centre of the Balde North skarn, over an area approximately 50 metres by 25 metres, returned a weighted average of 0.84 % Cu, 2.38 % Zn, 0.10 g/t Au and 4.57 g/t Ag with an average sample widths of 2.3 metres.

Within the Balde North skarn is the Escondida shear zone from which a sample averaged 2.13 % Cu, 0.74 % Zn, 2.26 g/t Au, and 51.6 g/t Ag over 6.0 metres.

The Carol property is approximately 4 km north of Frontera Copper Corp.'s (TSX-V: FCC) Piedras Verdes heap leach copper mine. The deposit is reported to have in excess of 200 million tonnes averaging .36% Cu with recent news announcing that increased ore reserves will add approximately two additional years to the mine life. Due to the proximity to Piedras Verdes, the Carol property has excellent infrastructure.

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

On behalf of the Board,

"Ian Foreman"
Ian Foreman, P.Geo.

For additional information on Yale Resources please call the Company at (604) 678-2531.

The TSX Venture Exchange has not reviewed and does not accept 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.

News Release #08-3

Contact Information

  • Yale Resources Ltd.
    600 - 890 West Pender St.
    Vancouver, B.C.
    V6C 1K4 Canada
    Phone: (604) 678-2531
    Fax: (604) 678-2532