Showing posts with label Yale Resources Ltd. (TSX-V: YLL. Show all posts
Showing posts with label Yale Resources Ltd. (TSX-V: YLL. Show all posts

Tuesday, May 04, 2010

Gold and Mining Stocks; Company Profile for Yale Resources Ltd. (TSX-V: YLL; Frankfurt: YAB; OTCPK: YRLLF)

Gold and Mining Stocks; Company Profile for Yale Resources Ltd. (TSX-V: YLL; Frankfurt: YAB; OTCPK: YRLLF)



Point Roberts WA, May 4, 2010 – (Investorideas.com Mining stocks Newswire) www.InvestorIdeas.com and its leading mining investor portals, www.Gold-MiningStocks.com and www.MiningSectorStocks.com announce the new profile for showcase mining stock, Yale Resources Ltd. (TSX-V: YLL; Frankfurt:YAB; OTCPK: YRLLF) .

Showcase Mining Stock
Yale Resources Ltd. (TSX-V: YLL; Frankfurt: YAB; OTCPK: YRLLF) is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non optioned properties as well as reviewing new projects with a focus on gold.



Recent News:

YALE (TSX-V: YLL and Frankfurt: YAB) AND SILVER AMERICA FINALIZE OPTION FOR GUADALUPE PROPERTY, ZACATECAS STATE – INITIAL FIELD PROGRAM FINISHED

Read full news: http://www.investorideas.com/CO/YLL/news/4301.asp


From the Profile: http://www.investorideas.com/CO/YLL/
Yale Resources is well positioned to become one of the key project generators in Mexico. Yale has taken advantage of its extensive network of contacts to identify and acquire projects of merit. In addition, through its Mexican staff Yale has been able to identify early stage areas for staking.


Yale currently has seven projects of which three are under option with partners. Yale currently has over $1.1 million in expenditures committed by its partners in 2010.

This business model is significant for Yale investors as they get to participate in multiple exploration programs funded by Yale’s partners. Should there be exploration success Yale benefits by having additional exploration commitments on its projects. The securities owned by Yale should then become more valuable as well adding to the capital of Yale.


Yale continues to look for and assess new projects.
Current Projects:

1) La Verde (Cu-Ag-Zn-Au): multiple targets with La Verde Grande the most advanced with over 600 m of workings.

2) Dos Naciones (Ag-Pb and Cu-Au-Zn-Ag): Under option to Del Torro Silver – can earn 80% by spending $800,000 and issuing Yale 800,000 shares.

3) Carol (Cu-Ag-Zn-Au): Available for option - drill ready with two large bulk tonnage targets.

4) Orofino (Au-Ag): multiple gold and gold/silver targets. Previous drilling by Teck and 5 targets previously saw small-scale open pit production.

5) Urique (Ag-Au): Under option to American Sierra Gold - can earn 90% by spending $2,600,000, issuing Yale 420,000 shares and paying Yale $750,000. To date AMNP has spent $300,000 on the property, paid Yale $100,000 and issued Yale 100,000 shares. Second year requires $500,000 of expenditure

6) Guadalupe (Ag-Au): Under option to Silver America Inc – can earn 90% by paying Yale US $900,000, issuing 1,000,000 shares and spending $2,000,000 (including a minimum of 2,000 drilling in first year).

7) Los Amoles (Ag-Au): early stage project with multiple historic workings within a 2.3 by 1.1 km area containing multiple veins.



Visit the full company profile at Investorideas.com: http://www.investorideas.com/CO/YLL/

Visit the company website at: http://www.yaleresources.com/s/Home.asp
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Contact

Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531



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