Howlett Research has published research report and opinion on Yale Resources Ltd. (TSX VENTURE:YLL) (Pink Sheets: YRLLF) (Frankfurt: YAB). The Analyst coverage on Yale Resources includes investment considerations that identify the risk-reward balance as skewed to the upside.
The full Analyst report may be found at:
https://sectornewswire.com/HowlettResearchYaleReport4-21-08.pdf
Over the past 1.5 years, Yale has assembled a portfolio of Mexican properties in world class mining districts. The large number of mineralized occurrences and small scale mining operations throughout their properties has dictated that a rigorous, systematic exploration program be followed. Over this time, literally thousands of samples have been collected and there have been several targets investigated by geophysics. This program has begun to bear fruit:
-- Drilling is now underway at two initial targets at Urique North,
-- Work at the past producer Verde Grande has resulted in a new geologic interpretation, a significantly greater strike, and potential for new processing methods (i.e., heap leach vs. traditional flotation),
-- The company continues at Urique South to prioritize the (now 7) targets for later drilling,
-- At the Carol property, sampling over wide areas in two skarn zones has yielded several high grade results -- further hand trenching indicates that copper oxides occur in each trench over 6 - 22 m widths.
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. Reports herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the disclaimer and disclosure section at the bottom of the above referenced URL.
Author Information
Brian Winters
Howlett Research