Yale Resources, Nature's Call sign Los Amoles deal2010-11-30 12:16 ET - News Release
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Mr. Ian Foreman reportsYALE FINALIZES OPTION FOR THE LOS AMOLES PROPERTY, SONORA STATE
Yale Resources Ltd. has signed a formal agreement with Nature's Call Brands Inc. for the option to earn a 70-per-cent interest in Yale's wholly owned Los Amoles property located in Sonora state, Mexico. Yale has received a total of $50,000 (U.S.) and 200,000 shares in Nature's Call.
To earn a 70-per-cent interest in the Los Amoles property, Nature's Call will be required to spend $900,000 (U.S.) on exploration expenditures and issue a total of one million shares to Yale over three years. The exploration expenditures required in the first year is $200,000 with $100,000 being a firm commitment having to be spent within the first six months.