SOURCE: Yale Resources Ltd.

February 22, 2007 14:11 ET

Yale to Start Work on Carol Cu-Zn Property, Sonora, Mexico

VANCOUVER, BC -- (MARKET WIRE) -- February 22, 2007 --Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to announce that a field crew is being mobilized to the Carol Property, located 20 km north of the city of Alamos in the state of Sonora, northern Mexico. The field program is scheduled to last 3 weeks and will consist of systematic sampling of the extensive copper-zinc skarn mineralization as well as trenching.

Yale now has four field crews working concurrently on its three projects in Mexico.

The Carol property is approximately 4 km north of Frontera Copper Corp.'s Piedras Verdes copper porphyry deposit that has a reported proven and probable reserve of 191 million tonnes grading 0.36% copper (Frontera Copper's website) and is now in production. Due to the proximity of the Piedras Verdes mine, the Carol property has excellent infrastructure and there is road access to the core of the property.

The property consists of six mining claims that cover 758.14 hectares. To earn 100% Yale must make cash payments totalling US $250,000 over a 3-year period. The vendor will retain a 3% NSR, which can be purchased outright for US $750,000.

The Carol Property is host to three distinct mineralized targets -- 1) the Balde copper-zinc-gold-silver skarn, 2) the high grade Escondida shear zone, and 3) epithermal vein hosted silver and gold:

1 - The Balde skarn zone:

Skarn hosted copper-zinc-gold-silver mineralization has been identified in outcrop over an area that measures 900 metres by 700 metres through the southern portion of the property. Widely spaced chip samples taken for a 2003 NI 43-101 technical report returned the following highlights:

width(m)    Cu(%)    Zn(%)
1.4         5.32      1.53
10.0        0.95      2.00
1.5         1.36      0.44
1.0         3.46      0.07
Historic sampling by previous companies, including Phelps Dodge, returned similar results over a wider sampling area. A sample taken by the previous owner returned 4.0 metres grading 1.3% copper and 16% zinc. As a majority of the mineralization exposed on surface is very strongly oxidized, the Company believes that there is the potential for a significant zone of supergene copper mineralization at depth.

2 - The Escondida zone:

The Escondida zone is a 4 to 7 metre wide north-south trending mineralized shear zone occuring within a second 800 metre by 300 metre skarn zone that is located approximately 800 metres northwest of the Balde skarn zone. A historic sample from within a small adit at Escondida returned 5.5% copper, 3.18% zinc, 0.99 g/t gold and 15 g/t silver over a width of 4 metres.

3 - Epithermal vein zone:

Near the centre of the property is a reported narrow discontinuous epithermal vein that was mined in the 1980s and 90s by local miners. No production records detailing tonnage and grade are available but workings are known to extend to a depth of 12 metres.

About Yale Resources:

In the six months since Yale Resources has been in Mexico, the Company has optioned two significant projects from value-added partners and has the right to purchase 100% of another. The Company is continuing to identify other opportunities and is in the process of creating a wholly owned Mexican subsidiary. Each of Yale's three current properties are within 10 km of producing mines as well as having known mineralized areas and previous production.

Ian Foreman, P.Geo., President of Yale, is the Qualified Person, as defined by National Instrument 43-101, for the Carol Property. Results and technical information regarding the Carol property used in this news release are taken from a report titled "Technical Report for the Carol/Balde Concessions, Alamos, Sonora, Mexico" authored by David M. Jenkins, M.S., P.Geo., a Qualified Person as defined by National Instrument 43-101.

On behalf of the Board,

"Ian Foreman"
Ian Foreman, P.Geo.
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 #07-5

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

Contact Information

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