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Tuesday, September 27, 2011

Gold and Mining Stocks; YALE (TSX-V: YLL) Identifies Two Geochemical Anomalies at Apache

September 27, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that ongoing field work at the Apache Property has identified two strong multi-element soil geochemistry anomalies that coincide with historic workings. This shows the potential for mineralization to continue under overburden cover. The wholly owned 400 hectare Apache Property is located approximately 150 kilometres north of Hermosillo, Sonora State, and is approximately 30 km west of Timmins Gold�s San Francisco Mine. The central mineralized zone at Apache is defined by multiple historic workings centred on southwest trending veins and contact zones hosted in altered metasediments.
Recent work at Apache concentrated on the flat area at south of the property where there is very little outcrop. A total of 536 soil samples were taken from a grid measuring 500 by 1,000 metres. The two most significant anomalies coincide with small historic workings surrounded by areas with sparse outcrop exposure. These results show the potential for mineralization to be encountered over a much more significant area covered by overburden.
The largest anomaly - that coincides with the Las Tortugas workings - measures approximately 300 metres by 200 metres with strong silver, copper, lead, zinc, mercury, and molybdenum values. This soil anomaly more than quadruples the size of the target area. Previous sampling at Las Tortugas (previously called Apache) returned the following results (see news release dated Dec. 30, 2010):
Investorideas.com Newswire During the collection of the soil samples a new historic working - La Cazcabel - was encountered. This new mineralization coincides with the second multi-element anomaly. The La Cazcabel anomaly measures approximately 200 by 75 metres however, it is open to both the north and west as the anomaly extends off of the northwest corner of the soil grid. The La Cazcabel anomaly is strong in gold, lead and zinc with moderate silver, mercury and molybdenum values.
Ongoing work at Apache will augment the size of the soil grid in addition to detailed sampling of the new workings and trenching the core of the soil anomalies.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has nine projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months. At the same time Yale continues to work on its non-optioned properties as well as reviewing new projects.
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the Urique Project and is responsible for the technical data mentioned in this news release.
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      .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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:
Yale Resources Ltd.
Ian Foreman
            604-678-2531      
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