Yale Resources Ltd. announced results from the ongoing work program at the 100% owned Orofino Project. Within the La Perla pit Yale sampling returned 18.5 metres with a weighted average of 2.02 g/t gold and 31.2 g/t silver. Detailed mapping indicates that the shallow La Perla pit is located at the intersection of a vertical and a shallowly dipping mineralized structure. These parallel structures each have been traced over several hundred metres of strike length. Approximately 200 metres northeast of the La Perla pit within the central portion of the La Perlita targets a hand dug trench uncovered 17 metres with a weighted average of 1.20 g/t gold and 10.8 g/t silver from a second set of parallel veins. In addition, two samples from a large stockpile of mineralization from the previous mining at Orofino returned 1.76 g/t gold and 1.48 g/t gold respectively from 1.5 metre deep pits. The Orofino Project: The Orofino Project is located approximately 135 km southeast of Hermosillo, Sonora State and is approximately 83 square kilometres in size. The Project area is host to 9 known mineralized targets and 6 historic open pit workings.

Yale Resources Ltd. announced the first sample results from the 100% owned Orofino Project, which is approximately 83 square kilometres in size and is host to 9 known mineralized targets. The Orofino Project is located approximately 135 km southeast of Hermosillo, Sonora State. This field work has confirmed the presence of gold mineralization over significant widths at multiple targets. Within the La Perla pit Yale sampling returned 5 metres grading 2.52 g/t gold and 34.8 g/t silver. This sample was taken from within the previously reported historic result of 30 metres averaging 3.19 g/t gold and 83.2 g/t silver-ongoing work will resample the entire width of this mineralized zone. At La Perlita North an exposed mineralized structure returned 4 metres averaging 4.04 g/t gold and 85.0 g/t silver. At the nearby La Perlita West the wall of the open pit returned metres 5 metres grading 3.03 g/t gold and 16.8 g/t silver within a wider interval of 15 metres averaging 1.51 g/t gold and 8.8 g/t silver that is open in both directions. This confirms the presence of multiple high grade structures through the La Perlita target area. At the Quelitoso target new sampling returned 20 metres averaging 0.83 g/t gold and 126.9 g/t silver. Approximately 1.5 kilometres away--on strike--at the Santiago target sampling returned 4.15 metres grading 0.6 g/t gold and 196.0 g/t silver. There are numerous small historic workings along trend between the Quelitoso and Santiago targets suggesting that the two targets form a larger east-northeast trending system.

Yale Resources Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2009. For the quarter, the company reported net loss of CAD 132,492 or CAD 0.01 per share against net loss of CAD 137,122 or CAD 0.01 per share for the same period a year ago. Loss before mineral interests written-off, foreign exchange loss or gain, and gain on sale of marketable securities of CAD 124,010 compared to CAD 120,605 for the same period a year ago. Net cash used in operating activities of CAD 58,012 compared to CAD 198,370 for the same period a year ago. Acquisition and exploration costs of CAD 42,477 compared to CAD 627,312 for the same period a year ago. For the nine months, the company reported net loss of CAD 363,518 or CAD 0.01 per share against net loss of CAD 603,366 or CAD 0.01 per share for the same period a year ago. Loss before mineral interests written-off, foreign exchange loss or gain, and gain on sale of marketable securities of CAD 343,208 compared to CAD 589,078 for the same period a year ago. Net cash used in operating activities was CAD 296,225 compared to CAD 163,126 for the same period a year ago. Acquisition and exploration costs of CAD 28,681 compared to CAD 1,205,663 for the same period a year ago.