Investorideas.com newswire, commentary for mining sector

Thursday, December 29, 2011

Mining and Gold Stock Interview with President of Yale Resources (TSX-V: YLL) Discussing Operations for 2011 and Plans for 2012

POINT ROBERTS, December 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks features an exclusive interview with Ian Foreman, P.Geo, President of Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB). Ian discusses the Company results for 2011 and what the Company has planned for 2012.
Yale Interview
Q: Investorideas.com
Ian you recently issued a press release on the year end summary of 2011 operations. Can you give investors some of the key points?
A: Ian Foreman, P.Geo, .President
The key point is that 2011 was a tough year for the mining/exploration sector and in spite of that Yale came out of it smelling like a rose! We are surrounded by companies that had to do large dilutive financings to survive and Yale's business model protected it from doing so. In fact, if you add up Yale's current short term investments, revenue from all sources and exploration funded by our optionees, Yale would have had to issue in the order of 26 million shares through financings! A 30% dilution in the fully diluted capital of the Company that did not happen!!
Q: Investorideas.com
Using the expression "put your money where your mouth is", I see from Sedi.ca that you recently purchased 750,000 shares in Yale?
A: Ian Foreman, P.Geo, .President
Yes, that is correct; I recently bought another 750,000 shares in Yale as I feel very strongly about the long term success of the Company.
Q: Investorideas.com
The Company still has a significant portfolio of properties. What properties will be a priority in 2012 and why?
A: Ian Foreman, P.Geo, .President
We are planning for a minimum of three large programs in the first half of 2012. Los Amoles has grown from an early stage (generated) prospect to a project that should receive some drilling. Orofino will also receive a couple of hundred thousand dollars of exploration. However, the biggest program that we are planning for is at Urique - our optionee, Mammoth Resources, has just started trading - literally today - and they are planning a significant exploration campaign at Urique. There are some legal issues that have to be sorted out at Guadalupe, but our optionee on that property is responsible for the funding there and finally, we will have some results coming out early in the New Year from our drilling at Dos Naciones, which will dictate the scope of ongoing work there.
All in all, we are preparing for a very busy first 6 months of 2012 - should be exciting!
Q : Investorideas.com
Do you plan on looking at new properties for 2012?
A: Ian Foreman, P.Geo, .President
We are always looking at new properties. What the public doesn't necessarily know is that we are always evaluating properties and making offers or trying to acquire new projects. We evaluated a large number of properties in 2011 but didn't find any that fit our strict criterion.
With luck we'll be able to bring a couple more properties into Yale in 2012. I didn't want to have too large a number of available properties 'in inventory', so now that we have two more projects optioned out, it makes sense for us to bring more properties into the company.
Q: Investorideas.com
What would you say was your biggest obstacle in 2011 and has the Company overcome it?
A: Ian Foreman, P.Geo, .President
I think that our biggest obstacle in 2011 was difficult financial conditions combined with share holder apathy. I feel that Yale was punished in the market and not fairly so. I have always been careful about setting expectations and I have always been careful to state realistic goals and objectives for our shareholders. I also have a very good track record for accomplishing those.
There was a time, in September I believe, where there were rumours spreading that Yale was 'going out of business or bankrupt' and that obviously proved false. There was a fund that decided to sell approximately 3 million shares in the market and we were able to arrange sufficient buying to absorb that, however, that may have created a sense of "the sky is falling" and all the "Chicken Littles" out there panicked.
I stated in a previous interview that Yale is stronger today than last week and stronger last week than a couple of months ago. This is a 'growth story' and we are building upon our successes. In my opinion, there is no reason that Yale should be trading at these low levels, but sadly, I don't get to set the value of our stock. Again, this is the reason I purchased an additional 750,000 shares.
Q: Investorideas.com
Why do you think some of the junior mining stocks did not really get to participate in the physical gold rally in 2011?
A: Ian Foreman, P.Geo, .President
Well, there are a lot of pundits who look at the markets for a living so I won't go into details. However, I can comment on that from a Yale perspective - it seems that there just wasn't enough confidence in what investors were reading/hearing as there is a general 'been there, done that, got burned' mentality. You can only hear so much regarding the decoupling of the dollar/gold relationship and the 'PIGS' in Europe and the prospect of a depression and the slowing of the Chinese economy and continued strife in American politics before one gets burned out…
I am very enthusiastic to bring in the New Year. With luck, the year will get started off as 2011 did but the rally will last longer!!
More info onYale Resources Ltd. (TSX-V - YLL. OTCBB - YRLLF and Frankfurt - YAB)
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About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has eight projects in its portfolio of which five are optioned out with commitments totaling approximately $1.3 M in expenditures during the next 12 months.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com
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Friday, December 23, 2011

Mining Stocks; YALE (TSX-V: YLL) Summarizes Difficult 2011 and Looks Forward to 2012

VANCOUVER, British Columbia - December 23, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) (Pink Sheets: YRLLF.pk) is pleased to provide a summary of its finances in 2011 and give an overview of its plans for 2012.
In calendar year 2011 Yale generated modest revenue of approximately $193,000 as a result of cash payments and management fees from optionees, sale of shares in optionees, oil and gas revenue, and consulting for third party companies. In addition, current free trading, saleable, shares amount to approximately $227,000 as of Dec. 22.
"The combination of revenue, current liquid assets and exploration expenditures funded by our optionees amounts to the equivalent of approximately 26,500,000 shares, on a fully diluted basis, in financings at $0.05 that Yale would have been required to add to the capital of the Company � a 30 % dilution in the Company that didn�t happen � thus showing the true value of our business model," stated Ian Foreman, P.Geo., president of Yale Resources. "This has been a difficult year but not only did we survive, we were able to expand our operations in Mexico and build on our business model by finding additional value-added optionees for our projects."
Moving forward in 2012, the Company anticipates large optionee-funded work programs on at least three projects with Yale as the current operator on each of those projects. In advance of these projects the Company is adding to its Mexican work force. In addition, the Company will continue to review opportunities to add to its portfolio of projects as well as seek additional optionees for its 3 un-optioned properties.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has eight projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months.
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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Wednesday, December 21, 2011

Gold and Mining Stocks; YALE (TSX-V: YLL) TERMINATES AGREEMENT FOR CAROL PROPERTY

VANCOUVER - December 21, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) (Pink Sheets: YRLLF.pk) has terminated the option agreement for the Carol Property with El Condor Resources Inc. (LCO.V) as certain financial milestones in the agreement were not met.
As a result of not completing the obligations, the property remains 100% owned by Yale. The Company will re-compile the data for the Carol Property and look for a new optionee for the property in the New Year.
Corporate Update:
The Company wishes to report the resignation of Luca Riccio as director. Dr. Riccio was a director of the Company since 2003 and has decided to pursue other opportunities. The Company would like to thank Dr. Riccio for his years of service as he was instrumental in helping Yale during its initial exploration campaigns in Mexico.
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 Dos Naciones Property and is responsible for the technical data mentioned in this news release.
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 and base metals 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.
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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Disclosure, Disclaimer/ Investorideas.com is paid by YLL to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)

Thursday, December 08, 2011

Mining Stocks; YALE (TSX-V: YLL) Provides Update on Mexican Activities

VANCOUVER - December 8, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) (Pink Sheets: YRLLF.pk) is pleased to provide an update on its on-going exploration activities in Mexico.
Sonora Resources Ltd. has committed to the second year of the option for the Los Amoles silver property and Yale has received an additional 200,000 shares of Sonora Resources. The second year�s commitment at Los Amoles is US $300,000 in expenditures. A work program that will concentrate on sampling a number of the main underground workings in order to trace the continuation of the silver rich veins to depth is currently underway. This is an important step to define the potential for the veins in advance of a drill program expected in 2012.
Work is also underway at the Urique gold/silver property where confirmation sampling and mapping is being conducted in anticipation of additional work to be undertaken in 2012.
Drilling at the Dos Naciones copper/silver/gold property has concluded. It was successful in confirming the high potential for multiple skarn targets. The work was done on behalf of optionee Del Toro Silver Corp. Drilling in the strongly altered and fractured ground proved very difficult and each of the three holes was terminated before reaching the target depth due to technical reasons. Interesting visual oxide and sulphide mineralization was encountered in all three shortened holes and 38 core samples were collected. As a result, Yale will be recommending additional drilling with a larger, more powerful drill.
Field work at Dos Naciones was successful in identifying several previously unknown historic workings � one below the La Espanola target where the first two holes were drilled and one to the east of the Dos Naciones target where the third hole was drilled. A total of 46 samples were taken from these previously unsampled underground workings. Surface and core samples have been sent to Inspectorate Labs and results will be reported when received.
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 Dos Naciones Property and is responsible for the technical data mentioned in this news release.
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 and base metals 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.
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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Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.

Wednesday, December 07, 2011

Gold and Mining Stocks; Gold Bullion (TSX-V: GBB) announces additional positive drill data

VANCOUVER - December 7, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) ("Gold Bullion" or the "Company") is pleased to announce additional drill results from a number of holes throughout the mineralized area of the Granada Gold Property. The subject property is located along the Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda. Nearly 80 kilometres, (78,414 metres) have been drilled since December 2009 and in the process, Gold Bullion has confirmed extensive mineralization on the Granada Property
To date, the mineralized area extends approximately 1500 metres east-west along strike and roughly 750 metres north-south. The mineralized area does not include data from historical drilling. High grade gold intersections continues to be discovered as evidenced by 207.27g/t gold over 0.75m (by Screen Metallics) near the surface and 63.5g/t gold over 1.0 metre (by Screen Metallics). Highlight of these subject holes follows:
  • 182.95 metres grading 1.11 g/t Au in hole GR-11-271 including 0.75 metres grading 207.27 g/t Au at only 24.55 metres (22.1 metres vertical) depth and 1.0 metre grading 13.71 g/t Au at 71.5 metres (64.3 metres vertical) depth
  • 247.5 metres grading 0.47 g/t Au in hole GR-11-199 including 1.0 metre grading 63.5 g/t Au at 60.0 metres (53.5 metres vertical) depth and 16.25 metres grading 1.86 g/t Au at 129.75 metres (115.6 metres vertical) depth
Additional substantive drill data is included in a table format below.
Investorideas.com Newswire Investorideas.com Newswire   Investorideas.com Newswire Just one of the 20 drill holes, Hole (GR-11-282), did not intersect significant mineralization and was therefore omitted from the above table. The widths reported in the preceding table are drill widths. "True" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was conducted by ALS Chemex Labs in Val d'Or, Quebec, and the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis done on samples where visible gold was identifiable. Quality control was further enhanced by the insertion of blind certified standard reference material and blanks into the sample stream at regular intervals by logging personnel to ensure an independent assessment and analytical accuracy.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine in Gowganda, Ontario.
Additional information on the Company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
SGS independent Qualifying Person, Claude Duplessis, Ing. is responsible for the preparation of the resource estimate program within the meaning of National Instrument 43-101. Mr. Duplessis has verified and approved the data disclosed in this release including the sampling procedure, analytical and test data underlying the information.
About SGS
The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognised as the global benchmark in quality and integrity. With more than 67'000 employees, SGS operates a network of over 1'250 offices and laboratories around the world.
"Frank J. Basa"
Frank J. Basa, P.Eng. President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Contacts
Frank J. Basa
P.Eng.
President and CEO: 1-416-625-2342
Roger Thomas
Director: 1-613-292-2438
Progressive Investor Relations (Canada) Tel (604) 689-2881 or email info@progressive-ir.com
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