Yale Uncovers Higher Gold Values at La Verde
Wed Apr 22, 3:05 PM
ca.news.finance.yahoo.com
Vancouver B.C. , 4/22/2009 / FSC / - Yale Resources Ltd. ( TSX-V: YLL.V ), is pleased to release results from the La Cobriza and San Jose targets at its wholly owned La Verde Project. The La Cobriza/San Jose area was previously unsampled by Yale and is located approximately 1.5 km southwest of the La Verde Grande mine. Samples collected from the San Jose area are significant as there appears to be a higher gold content in the skarn mineralization. The highest gold grade received to date is 3.66 grams per tonne gold from a sample that returned 4.44 % copper, 250.0 g/t silver, 7.64 % zinc and 3.66 g/t gold over a width of 1.55 m (please see table below for details).
The four targets that occur in the south of the La Verde Project (The La Verdesita target, the San Louis target, the San Jose target and the La Cobriza target) are all on strike with one another and combine to form a structurally controlled zone that measures at least 2 kilometres in length.
San Jose:
The San Jose target is a greater than 40 metre wide fault related zone that has been traced along strike for greater than 200 metres. Within this fault zone are blocks of well mineralized skarn that measure from a metre to approximately 15 metres in size. These blocks are irregularly distributed throughout the zone.
The highest gold grade received to date is 3.66 grams per tonne gold from a sample that returned 4.44 % copper, 250.0 g/t silver, 7.64 % zinc and 3.66 g/t gold over a width of 1.55 m. This sample is from within 'block 1', which contains two small historic workings and measures at least 15 metres across. The weighted average of ten samples within block 1 is 2.14 % copper, 115.7 g/t silver, 2.18 % zinc and 0.53 g/t gold. Approximately 40 metres to the southwest a second large block - block 2 - has been identified that measures approximately ten metres across. The weighted average of five samples from within block 2 is 3.47 % copper, 86.4 g/t silver, 5.2 % zinc and 0.54 g/t gold.
Below are all of samples taken from various blocks along a strike length of approximately 150 metres of the San Jose target:
-----------------------------------------------------------
Loacation Sample Sample Sample Cu Ag Zn Au
Type Number width (m) (%) (g/t) (%) (g/t)
-----------------------------------------------------------
San Jose channel 145399 2.00 0.11 3.4 0.18 0.01
-----------------------------------------------------------
San Jose channel 145401 1.70 0.02 0.9 0.02 0.003
-----------------------------------------------------------
San Jose channel 145411 1.70 0.38 3.0 0.37 0.06
-----------------------------------------------------------
San Jose channel 145412 1.20 0.00 0.4 0.01 0.003
-----------------------------------------------------------
San Jose channel 145413 1.60 2.40 4.4 2.24 0.80
-----------------------------------------------------------
San Jose channel 145414 1.00 1.82 9.4 2.32 1.16
-----------------------------------------------------------
San Jose channel 145415 2.00 4.31 98.3 3.96 1.32
-----------------------------------------------------------
San Jose channel 145416 1.20 4.51 83.7 3.35 0.17
block 2
-----------------------------------------------------------
San Jose channel 145417 1.60 3.04 122.0 3.27 0.73
block 2
-----------------------------------------------------------
San Jose channel 145418 1.50 3.94 52.3 9.49 0.66
block 2
-----------------------------------------------------------
San Jose channel 145419 1.10 2.05 104.0 4.00 0.65
block 2
-----------------------------------------------------------
San Jose channel 145423 1.15 3.73 67.3 5.37 0.40
block 2
-----------------------------------------------------------
San Jose channel 145421 1.55 2.08 69.4 1.49 0.22
-----------------------------------------------------------
San Jose channel 145422 1.69 2.96 41.2 6.74 0.20
-----------------------------------------------------------
San Jose channel 145424 1.23 1.43 5.2 0.66 0.06
-----------------------------------------------------------
San Jose channel 145425 1.50 0.88 1.4 0.06 0.08
-----------------------------------------------------------
San Jose channel 145426 1.88 0.05 1.6 0.06 0.01
-----------------------------------------------------------
San Jose channel 145427 2.00 0.02 1.1 0.02 0.003
-----------------------------------------------------------
San Jose channel 145428 1.90 0.01 0.5 0.02 0.003
-----------------------------------------------------------
San Jose channel 145429 1.75 0.36 3.1 0.03 0.10
block 1
-----------------------------------------------------------
San Jose channel 145431 1.70 0.26 8.5 0.47 0.02
block 1
-----------------------------------------------------------
San Jose channel 145432 1.85 0.21 5.1 0.35 0.35
block 1
-----------------------------------------------------------
San Jose channel 145433 1.60 1.12 63.7 1.83 0.23
block 1
-----------------------------------------------------------
San Jose channel 145434 1.70 2.31 44.1 3.96 0.19
block 1
-----------------------------------------------------------
San Jose channel 145435 1.26 11.60 765.0 1.78 0.30
block 1
-----------------------------------------------------------
San Jose channel 145436 1.55 4.44 250.0 7.64 3.66
block 1
-----------------------------------------------------------
San Jose channel 145437 0.70 3.19 134.0 1.82 0.38
block 1
-----------------------------------------------------------
San Jose channel 145438 1.65 1.05 31.8 3.67 0.13
block 1
-----------------------------------------------------------
San Jose channel 145439 1.70 1.77 50.2 0.64 0.08
block 1
-----------------------------------------------------------
San Jose channel 145441 1.50 3.04 395.0 6.43 0.58
-----------------------------------------------------------
San Jose channel 145442 2.20 1.33 35.2 4.87 0.17
-----------------------------------------------------------
La Cobriza:
The La Cobriza target area is located approximately 150 metres northeast of the San Jose target and is made up of eight historic workings that cover an area that measures approximately 75 metres by 50 metres.
As with the San Jose target the workings at La Cobriza are:
---------------------------------------------------------
Location Sample Sample Sample Cu Ag Zn Au
Type Number width(m) (%) (g/t) (%) (g/t)
---------------------------------------------------------
La Cobriza Channel 145381 2.01 2.86 88.0 7.63 0.60
working 1
---------------------------------------------------------
La Cobriza channel 145382 1.70 0.42 7.7 3.43 0.06
---------------------------------------------------------
La Cobriza channel 145383 2.00 1.61 32.7 1.78 0.26
---------------------------------------------------------
La Cobriza channel 145384 1.70 1.40 59.8 4.14 0.62
---------------------------------------------------------
La Cobriza channel 145385 1.60 1.90 67.0 2.73 0.25
---------------------------------------------------------
La Cobriza channel 145386 1.50 0.40 13.5 4.61 0.08
---------------------------------------------------------
La Cobriza channel 145387 1.90 2.20 14.2 3.46 0.34
---------------------------------------------------------
La Cobriza channel 145388 1.50 0.30 7.7 1.34 0.07
---------------------------------------------------------
La Cobriza channel 145389 1.70 3.90 147.0 2.47 0.31
---------------------------------------------------------
La Cobriza channel 145391 1.60 0.47 26.6 1.41 0.18
---------------------------------------------------------
La Cobriza channel 145392 1.60 0.92 17.4 1.46 0.29
---------------------------------------------------------
La Cobriza channel 145393 1.10 0.02 3.5 0.05 0.003
---------------------------------------------------------
La Cobriza channel 145394 1.60 2.18 48.0 6.21 0.08
---------------------------------------------------------
La Cobriza channel 145395 1.90 1.01 19.6 1.44 0.20
---------------------------------------------------------
La Cobriza channel 145397 2.00 3.68 37.9 5.22 0.21
---------------------------------------------------------
La Cobriza channel 145398 1.60 0.61 19.4 1.56 0.05
---------------------------------------------------------
La Cobriza channel 145402 1.70 1.02 16.5 1.10 0.34
---------------------------------------------------------
La Cobriza channel 145403 1.50 2.23 7.3 5.09 0.57
---------------------------------------------------------
La Cobriza channel 145404 1.30 0.02 2.3 0.05 0.01
---------------------------------------------------------
La Cobriza channel 145405 1.60 1.53 8.0 2.73 0.12
---------------------------------------------------------
La Cobriza channel 145406 2.00 1.07 13.9 2.10 0.08
---------------------------------------------------------
La Cobriza channel 145407 1.90 1.31 20.7 2.83 0.28
---------------------------------------------------------
La Cobriza channel 145408 1.70 0.03 4.7 0.09 0.01
---------------------------------------------------------
La Cobriza channel 145409 1.85 1.46 18.5 3.11 0.21
---------------------------------------------------------
La Cobriza channel 145447 2.00 0.01 0.5 0.04 0.003
---------------------------------------------------------
La Cobriza channel 145448 1.60 0.08 8.6 0.14 0.01
---------------------------------------------------------
La Cobriza channel 145449 1.95 0.01 2.3 0.01 0.003
---------------------------------------------------------
La Cobriza channel 145451 2.00 0.51 9.4 0.27 0.05
---------------------------------------------------------
La Cobriza channel 145452 1.85 0.01 3.8 0.02 0.01
---------------------------------------------------------
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the La Verde Property and is responsible for the technical data mentioned in this news release.
All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver, copper and zinc were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper and/or 1% zinc (over limit) were re-analyzed using ALS Chemex's 'ore grade' detection limits.
On behalf of the Board, "Ian Foreman" Ian Foreman, P.Geo. President
For additional information on Yale Resources please call the Company at 604....
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
400 - 409 Granville St., Vancouver, B.C., V6C 1T2, Canada Phone: 604-678-2531 - Fax: 604-678-2532
Source: Yale Resources Ltd., TSX-V: YLL.V,
Maximum News Dissemination by Filing Services Canada Inc. Ph: (403) 717-3898 Fax: (403) 717-3896 www.usetdas.com |
