Some results from Yale
Yale samples 21.4 g/t Au, 637 g/t Ag at Cerro Colorado
2007-02-15 13:30 ET - News Release
Also News Release (C-EXM) Exmin Resources Inc
Mr. Ian Foreman of Yale reports
TRENCH REULSTS FROM CERRO COLORADO, URIQUE PROJECT
Yale Resources Ltd.'s trench results from the Cerro Colorado target of the Urique project have confirmed that there are multiple zones with plus one gram per tonne gold and plus 32 g/t silver. This work has now advanced the target to the drill-ready stage.
The significant conclusions regarding the Cerro Colorado target are:
high-grade mineralization exists within the structure:
highest gold grade to date is 21.4 g/t Au over 2.0 m (Mina Guadalupe);
highest silver grade to date is 637.0 g/t Ag over 2.0 m (El Vergel);
the mineralized structure has a mapped strike length of plus 2.5 kilometres;
the length of the structure remains open in both directions; and
only the upper level of the epithermal system appears to be exposed.
Yale has the right to earn a 75-per-cent interest in the Urique project from Exmin Resources Inc. The Cerro Colorado target is one of seven areas of mineralization and alteration within the Urique project, and is located in the northern portion of the property -- about 23 kilometres southeast and along the regional trend from the Monterde project being explored by Kimber Resources.