SOURCE: Yale Resources Ltd.

May 01, 2007 12:53 ET

Yale and Impact Finish Phase One Drill Program at Zacatecas

VANCOUVER, BC -- (MARKET WIRE) -- May 1, 2007 -- Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to announce the Company has been informed by the operator, IMPACT Silver Corp. (IPT-V), of the completion of the initial drilling program at the Zacatecas Venture in Mexico. The program consisted of 16 diamond drill holes totalling 1815.75 metres. A total of 299 samples (including blanks and standards) have been sent to the lab and results will be reported when received and interpreted.

Mina San Jose:

Four holes totalling 501.25 metres were drilled to test approximately 230 metres of strike length of the vein zone. The holes successfully tested the system at a vertical depth of 60 to 75 metres. Mineralization appears to be associated with a 2 to 4 metre wide structural zone that hosts disseminated and stringer pyrite with associated patchy base metal sulphides and possible sulphosalts.

Salvador/Zacatecas:

Twelve holes totalling 1,314.5 metres were drilled on the contiguous Salvador and Zacatecas properties. The holes tested approximately 300 metres of strike length of the Salvador Vein and 200 metres of strike length of the parallel Zacatecas Veins.

Mineralization within the Salvador Vein was tested with seven holes. Five holes reached their intended targets while two holes were lost due to poor ground conditions. The Salvador Vein is a quartz-calcite vein with associated pyrite, sphalerite and galena and has several metres of stringer zone in the footwall. The vein is part of a broad structural zone that continues to depth and drilling tested this zone to depths of up to 110 metres.

The Zacatecas Vein was tested with five holes. The main vein target was successfully intersected along with previously unknown stringer zones. The main vein appears to be a vein set -- on one section holes were drilled in two directions to better understand the vein geometry. Mineralization within the Zacatecas veins is more coherent than the Salvador Vein and has more visible sulphides.

Edward Lyons, P.Geo, is the Qualified Person, according to NI 43-101, for the Zacatecas Venture and has reviewed this news release. All samples have been shipped to the ALS Chemex preparation laboratory in Guadalajara (Mexico) and the pulps will then be shipped to the ALS Chemex laboratory in North Vancouver, Canada.

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.

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

News Release #07-11

Contact Information

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