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YALE RESOURCES LTD V.YLL



TSXV:YLL - Post by User

Post by FratzyBottFishon Dec 03, 2010 9:58am
288 Views
Post# 17794952

YALE DEFINES A SECOND GOLD TARGET AT THE TENORIBA

YALE DEFINES A SECOND GOLD TARGET AT THE TENORIBA

Yale samples 6.1 m of 1.19 g/t Au at Tenoriba

2010-12-03 09:32 ET - News Release

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Mr. Ian Foreman reports

YALE DEFINES A SECOND GOLD TARGET AT THE TENORIBA GOLD/SILVER PROPERTY

Yale Resources Ltd. has successfully defined a second early-stage gold target within the wholly owned Tenoriba property located in Chihuahua state, Mexico. The Moreno target was highlighted by Yale personnel after reviewing historic data on the project and the first field visit has identified disseminated gold hosted in strongly altered ignimbrites over an area that measures approximately 200 metres by 200 metres.

The Moreno Target is located within the Central Trend, which measures at least 5 kilometres in length and 2 kilometres in width and, to date, contains 17 known gold targets. The Central Trend represents approximately 15% of the total property area.

A first pass sampling program by Yale at the Moreno Target returned gold values in the 0.33 to 1.67 grams per tonne gold over variable widths as summarized below:

    - 6.1 metres with a weighted average of 1.19 g/t gold
    - 8.0 metres with a weighted average of 0.80 g/t gold
    - 2.5 metres grading 1.67 g/t gold
    - 6.0 metres with a weighted average of 0.33 g/t gold
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