SOURCE: Yale Resources Ltd.

June 19, 2008 13:00 ET

Yale Samples 13.3 Vertical Metres of 1.04 % Cu, 36.9 G/T Ag, and 0.61 % Zn Within La Verde Grande Mine, Sonora, Mexico

VANCOUVER, BC--(Marketwire - June 19, 2008) - Yale Resources Ltd. (TSX-V: YLL) is pleased to report results from the first ever sampling of the vertical shafts within the La Verde Grande Mine. These results demonstrate continuity of the mineralization between levels and confirm its bulk tonnage potential.

"The historic small scale mining followed high grade mineralization on a horizontal basis -- without drilling -- so there was no data confirming that the skarn between these levels was actually mineralized. Our sampling of the vertical shafts has shown that not only is it mineralized, but locally well mineralized," stated Ian Foreman, P.Geo., President of Yale Resources.

Below is a list of the weighted averages from the six vertical shafts within the La Verde Grande Mine:

                                                 Weighted average
Shaft(1)                        Vertical  Copper(%)  Silver(g/t)  Zinc(%)

1 - NE Extension                  20.0      0.55        7.6        2.59
2 - Principal shaft               24.0      0.71       20.6        3.94
3 - Middle level to lower level   20.0      0.70       29.5        2.45
4 - Upper level to middle level    8.0      0.60        9.2        0.54
5 - Upper level to LVG South      13.3      1.04       36.9        0.61
6 - LVG South to Middle level      8.0      0.48       31.4        0.11

(1) - Refer to longitudinal section for location of each shaft.

With the positive results from this sampling combined with the weighted average of the 181 vertical samples taken every 5 metres along approximately 600 metres of the La Verde Grande mine's horizontal workings being 1.54 % copper, 57.9 g/t silver, 1.32 % zinc and 0.12 g/t gold over an average of 1.84 metres (the height of the tunnels), Yale will now be planning a definition drill program in order to calculate a 43-101 compliant resource for the La Verde Grande deposit.

Previous sampling of the mine encountered highlight samples of 1.97 metres grading 4.86 % copper, 131.0 g/t silver, 0.26 % zinc and 3.28 g/t gold from the north of the deposit and 1.68 m grading 5.8 % copper, 534 g/t silver, 0.14 % zinc and 0.43 g/t gold from within the southern portion of the deposit ( Drilling will be critical to test the deposit and fully understand the distribution of the mineralization.

The results to date, along with the demonstrated potential for expansion, positive initial metallurgical results as well as the proximity to power, water and transportation support the Company's focus on La Verde Grande as a potential near-term producer should drilling establish a resource of sufficient size and grade.

The La Verde Grande has been defined by the workings to have an approximate width of 50 metres, a length of at least 250 metres, and a thickness of approximately 30 metres. The Company's goal is to have a resource estimate completed before the end of the year.

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.

Contact Information

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