Yale Resources Receives Affirming High Grade Assay Results – Mining Sector Advisory

Yale Resources Ltd. (TSX-V: YLL) has released high grade assay results from the El Rosario location at their Urique project with one sample approaching 1 per cent silver; highlights include 1,640 g/t silver over 1.05 m, 441 g/t silver over 2.35 m, 8.8 g/t gold over 0.85 m, and 257 g/t silver and 0.78 g/t gold over five metres (within the host rocks). Mining Journal reviews Yale Resources as an “exceptional risk-reward scenario” on two fronts with high grade assays at Urique and Copper-Gold-Silver-Zinc mine potential at La Verde.

New York (EMWNews) August 18, 2008 — Mining MarketWatch Journal has published an updated review and Upside Valuation/Summary on Yale Resources Ltd. (TSX-V: YLL) (YRLLF.PK) (YAB.F).

The Advisory/Update may be viewed free of charge at http://www.miningmarketwatch.net/yll.htm online.

Yale Resources Ltd. has released news of high grade assay results, with one sample approaching 1 per cent silver, from the El Rosario location at their Urique project in Mexico; highlights include 1,640 g/t silver over 1.05 m, 441 g/t silver over 2.35 m, 8.8 g/t gold over 0.85 m, and 257 g/t silver and 0.78 g/t gold over five metres (within the host rocks). The results also show the potential for development of a bulk tonnage resource. Combine this with the results from a recent 1,700m drill program on their Urique North gold-silver project where the results have shown the potential for significant silver/gold grades and Yale possesses an exceptionally prospective project within Urique. The inherit value of the Urique project alone as a take-out target would likely be several times the current market cap of YLL.V, and that does not include Yale’s La Verde copper/gold mine project and carol property.

Earlier sampling at El Rosario had yielded significant values of as much as 10.6 g/t gold and 8,290.0 g/t (or 241.5 ounces per ton) silver from 10-40 centimetre wide veins. Sampling within the altered andesite has yielded gold and silver values of as much as 0.2 to 0.3 g/t gold and 5.0 to 41.0 g/t silver suggesting that the El Rosario area has the potential to host a bulk tonnage open pittable resource. These excellent results provided added incentive to press ahead with phase II field work.

The Rosario tunnel, the largest of three important workings known in the area, was dewatered and has been mapped and sampled through the known mineralized areas. Follow up work successfully showed the potential for wider veins and mineralization extending into the altered host rocks.

The presence of multiple vein sets hosting high grade silver-gold mineralization, as well as felsic intrusives related to widespread alteration and mineralization of the andesitic rocks, suggests that the El Rosario target area has the potential to expand further. Recent work at the El Rosario area has identified wider mineralized structures.

An exceptional risk-reward scenario exists in Yale Resources Ltd. (YLL.V) as this young Mexico focused venture’s story is more widely understood. Yale is focused on highly mineralized Copper-Gold-Silver-Zinc projects, including multiple historic mines with current production within 10 km of each of their properties. With less than 44M shares outstanding (~61M fully diluted) and currently trading at under CDN$0.20, the current market cap of YLL.V relative to its portfolio of highly prospective and advancing projects seems disproportionate. A full review of Yale Resources Ltd. may be viewed at http://www.miningmarketwatch.net/yll.htm online.

Mining MarketWatch believes the science of “nearology” resonates loudly on Yale’s Urique Project; The Urique Project is in close proximity to neighbouring large established resource laden gold and silver projects that share the same stratigraphy. It is not unreasonable to expect Yale to have a major gold-silver find in its future considering what they already know of the surface grades, history, neighbours, location and size of Urique.

Yale’s Urique Project, in the highly prolific Sierra Madre Gold Belt, boarders Goldcorp’s El Sauzal Mine (2.1M oz Au) to the south and Kimber Resources’ Monterde Mine (0.8M oz Au, 45M Ag) to the north. Yale has identified 10 quality targets at the Urique Project and taken several to drill-ready stage (drill campaign on now). Each of these targets is related to large mineralized hydrothermal systems that have the potential to host bulk mineable resources. Numerous plus-one million ounce gold deposits have been discovered in this 300 km long region of southwestern Chihuahua: including Mulatos (Alamos Gold), Dolores (Minefinders), Ocampo (Gammon Lake), as well as the El Sauzal mine (Glamis Gold, now part of Goldcorp Inc.).

This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.