Sector NewswireTM

Sector: Mining - Metals and Minerals

News Release - March 14, 2008 3:02 PM ET

 

 

Yale Resources Ltd. Evaluated in Analyst Report on Company's Gold, Silver and Base Metal Projects 

 

NEW YORK, NY -- March 14, 2008 /Sector Newswire/ - Pilot Point Partners initiates coverage on Yale Resources Ltd. (TSX-V: YLL) (YRLLF.PK) (YAB.F) following analyst tour.

 

Figure 1.Yale's President explains the drill program to group of qualified analysts

 

 

The full Analyst report may be viewed at:

 

http://sectornewswire.com/AnalystRepYLL.pdf

 

 

 

Conclusions of March 2008 Analyst report: Yale Resources represents a unique opportunity to invest in a well managed junior exploration company with a very low market capitalization. The market is currently valuing Yale at less than $7MM. They have active development programs on four different projects and are building an excellent corporate infrastructure in Mexico. Yale has made significant progress even though they have been operating in Mexico for just over one year. They have strong operating partners in their optioned projects. Their business model is evolving from that of a joint venture partner to a quality project generator. Both of their 100% owned properties, La Verde and Carol, are near the necessary infrastructure for project development. They are taking an aggressive approach to their exploration at La Verde that involves using early geophysical testing to help identify initial drill targets and define the mineralization. La Verde has the potential to grow very quickly into a multi-million ton polymetallic deposit. All their projects are being advanced in 2008. Yale should continue to have a constant news flow for the market to evaluate.

  

 

 

Addendum information: Conclusions of the Analyst's report were drawn prior to affirming news by Yale Resources on March 13, 2008 on the completion of preliminary metallurgical studies at La Verde Grande that show recoveries of 84.3% for copper and 76.5% for zinc are obtainable. Gold and silver recovery results are to follow.

 

Yale is awaiting recommendations for further studies at La Verde Grande to determine optimal parameters for heap leaching while also examining the economic viability of conventional milling and processing as an alternate processing route.

 

"This is a critical step in advancing the La Verde Grande deposit towards feasibility as the combination of favourable preliminary metallurgy and high grades encountered to date together with record metal prices suggests that there is the real potential to define an ore body within the La Verde Project," stated Ian Foreman, P.Geo., President of Yale Resources.
 

The full Analyst report may be viewed at: http://sectornewswire.com/AnalystRepYLL.pdf

  

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SOURCE: Sector Newswire per

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