Yale Acquires New Gold Project in Chihuahua, Mexico

Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) announces that the
Company has signed an agreement to purchase a 100% interest in the 8,160
hectare (81.6 square kilometres) Tenoriba Project located in the Sierra
Madre Gold-Silver Belt in the state of Chihuahua, approximately 290 km
southwest of the city of Chihuahua. This belt hosts multi-million ounce
gold +/- silver deposits such as Ocampo, Dolores, El Sauzal as well as
the world class Tayoltita silver deposits. The property lies within the
historic "Guadalupe y Calvo′ gold-silver mining district, which is
reported to have produced over 2 million ounces of gold and 28 million
ounces of silver since the discovery of bonanza grade gold and silver in
1835.

The primary exploration target within the Tenoriba Project is bulk
tonnage heap leachable gold/silver epithermal style mineralization.

At least 30 historic workings have been identified to date in 15 target
areas that are mainly confined to a northeast trending belt that runs
through the centre of the project (the central mineralized trend).
Historic production concentrated on high-grade structurally-controlled
gold mineralization. Examples of this high-grade mineralization are as
follows:

Aster satellite data indicates that there are numerous wide spread
silica, clay and iron oxide anomalies throughout the project area. It
appears that many of these targets have never been investigated in the
field.

The database that Yale has obtained for the project consists of 527 rock
samples (chip channel, grab and dump samples). Of those samples 23
graded greater than 5.0 g/t gold, 67 graded between 1.0 and 4.99 g/t
gold, 52 graded between 0.5 and 0.99 g/t gold, and 146 graded between
0.1 and 0.49 g/t gold.

'A very attractive aspect of this project is that there are many
untested targets with a combination of either multiple high-grade gold
assays, strong satellite anomalies, and/or areas with "vuggy silica′
that have yet to be properly tested. In addition, a combination of
consistent stratigraphy and a strong continuous structural environment
makes the Tenoriba project highly prospective to host a significant
epithermal deposit,? stated Ian Foreman, P.Geo, Yale′s President.

Project History:

The history of the project area is not well documented until Masuparia
Gold Corp. optioned the project in May of 2007. Masuparia conducted
silt, soil and rock sampling as well as mapping primarily within a core
portion of the central mineralized trend, which represents approximately
15 percent of the entire project area.

In addition, 15 diamond drill holes tested five closely spaced targets
located in the core of the central mineralized trend. The drill program
tested targets within the more accessible parts of the project and
encountered broad zones of gold mineralization as well as bonanza grade
intercepts.

Highlights from that drill program include:

Ongoing work:

In the coming weeks Yale personnel will continue to compile all the
project′s data in advance of the Company′s first work program at
Tenoriba, which is anticipated to consist of trenching and sampling of
high priority targets as well as a regional program to field test some
of the significant Aster satellite anomalies.

The Deal:

Through it′s wholly owned Mexican subsidiary Minera Alta Vista S.A. de
C.V., Yale has agreed to pay US $ 2,000,000 to a group of Mexican
individuals in escalating annual payments over a four year term with the
first payment of $50,000. The second payment for the project, due in one
year, is $125,000.

About Yale Resources:

Yale Resources is an exploration and development company concentrating
in northwestern Mexico that is building value through project
generation. Yale has three of its properties optioned out to value added
partners. These agreements combine for minimum commitments of
approximately US $1,250,000 of exploration expenditures over the next 12
months.

Yale continues to work on its non-optioned properties as well as
reviewing new projects with a focus on gold.

Ian Foreman, P.Geo., is Yale Resources′ Qualified Person, as defined by
National Instrument 43-101. The Tenoriba property is an early stage
project with no reported resources that requires additional sampling and
geological mapping to fully determine the project′s potential.

Samples mentioned in this news release are repeated from previously
filed public news releases as well as unpublished data collected by
another public company under the guidelines of National Instrument
43-101. All samples were prepared and analyzed by ALS Chemex in their
facilities in Mexico and Vancouver. Gold analyses were performed by 30
gram fire assay with an AA finish.

On behalf of the Board,

'Ian Foreman?

Ian Foreman, P.Geo.

President

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.

Yale Resources

Mr. Cary Martin, 604-678-2531 ext. 223