SOURCE: Yale Resources Ltd.

November 29, 2007 10:35 ET

Yale Releases All Assays From La Verde Grande Mine

VANCOUVER, BC--(Marketwire - November 29, 2007) - Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to announce that the geological mapping and sampling at the La Verde Grande Mine has shown that the deposit is larger than the historic data indicated. The weighted average from approximately 500 metres of the La Verde Grande Mine's workings is 1.54 % copper, 57.9 g/t silver, 1.32 % zinc and 0.12 g/t gold over an average vertical length of 1.84 metres (the height of the tunnels).

The La Verde Grande mine is one of eight known deposits/targets within the La Verde Project and was the first to receive detailed exploration as it is the most advanced of the targets. Assays from the El Picacho, La Tescalama and La Verde I and II deposits are pending.

The goals of this first work program were:

1 confirm the grades from the historic resource and bring sample data to NI 43-101 standards

2 test if the historic resource was expandable

1 - To date, Yale personnel have taken 181 samples from approximately 500 metres of workings on six levels. The weighted average of these 181 samples is 1.54 % copper, 57.9 g/t silver, 1.32 % zinc and 0.12 g/t gold. Chip samples averaged 1.84 metres in height and were taken at approximately five metre intervals along the walls of the workings.

2 - The historic resource (pre NI 43-101) of 459,551 tonnes was based on a deposit 110 metres long, 34 metres deep and 18 metres wide. Yale's work program has now defined skarn mineralization over a strike length of greater than 250 metres and has shown that mineralization is open in all directions. Although it is uncertain as to whether future exploration will prove up an economic resource, it is apparent that the deposit is much larger than originally understood.

As with all skarn deposits there is a variation in the grades throughout the deposit. Of particular note is the exceptional grades encountered in the lower level: the 11 samples averaged 3.04 % copper and 190.0 g/t silver over 50 metre length of the working.

                              Average   Number    Cu   Ag   Zn    Au
                              height  of samples (%)  (g/t) (%)  (g/t)

NE extension - level 0         1.92       23     1.32 49.3  0.70 0.24
NE extension - lower level     1.89       10     2.57 86.8  0.97 0.19

Verde Grande - upper level     1.32       13     1.90 65.1  0.58 0.11
Verde Grande - 0 level         2.05        3     0.79 15.0  3.57 0.04
Verde Grande - middle level    2.00       14     0.91 41.7  2.55 0.08
Verde Grande - middle level 2  1.86        7     1.58 70.3  2.00 0.08
Verde Grande - lower level     1.81       11     3.04 190.0 0.16 0.20
Verde Grande - lower level 1   1.83       31     1.75 58.4  2.25 0.11
Verde Grande - lower level 2   1.86       25     1.96 24.4  1.22 0.14
Verde Grande - south           1.97       44     0.80 45.3  0.97 0.03

For a complete list of all the results received for the La Verde Grande Mine please visit the La Verde page of the Company's website --

About the La Verde Project:

The La Verde Grande Mine is one of eight known deposits/targets within the wholly owned 26.4 square km La Verde Project, located 45 km northwest of Hermosillo, Sonora State, Mexico. The La Verde project covers 2,640 hectares (26.4 square kilometres) and is located 45 kilometres northwest of Hermosillo, Sonora state, Mexico. In addition to the historic La Verde Grande copper-silver-zinc-gold mine, the La Verde project contains at least five other known deposits that have all seen limited production. In addition to possible extensions to the La Verde Grande Mine, the La Verde project has considerable exploration potential.

In addition, the La Sierrita copper-zinc-molybdenum porphyry, located in the northeast of the project area, covers an area of approximately four square kilometres and has seen only limited exploration.

Ian Foreman, P.Geo, 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. All 'Historic Data' is presented for reference only and should not be relied upon as it pre-dates NI 43-101.

All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. 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 (over limit) were re-analyzed using ALS Chemex's 'ore grade' detection limits.

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 #07-28

Contact Information

  • Yale Resources Ltd.
    600 - 890 West Pender St.,
    Vancouver, B.C., V6C 1K4, Canada