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Los Amoles Property
Location:

The Los Amoles Property is located approximately 150 km northeast of Hermosillo, Sonora State. The property is approximately 10 kilometres northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.

Deposit Model:

Epithermal Silver-Gold.

Ownership:

100% Yale Resources Ltd.

Size:

The claim 1,630 hectares (or 16.3 km² or 4028 acres) in size.

Availability:

The Los Amoles Project is currently not available for option.

Summary:

Yale's initial field program was recently completed on the property. Ongoing work will involve continued sampling of the numerous workings as well as outcrops. As with many projects in Mexico that have seen small scale production from high grade veins, most of the historic workings have mineralized dumps located nearby. The quickest method of evaluating an area is to sample these dumps as they tend to be the low-grade material that has been left behind. Historic maps show at least three other areas with historical workings within the remainder of the property. These areas will be investigated during subsequent field programs. In addition, detailed mapping and follow-up sampling will be undertaken within the Mina Rosales area.

The primary target area is a 1,100 metre wide zone that contains at least 20 historic workings. These workings exploited a series of sub-parallel northeast trending veins and vein-sets. Within the Mina Rosales area, Yale personnel sampled mineralized dumps from 16 workings within an area measuring 1.0 by 2.5 kilometres.

Geology:

The materialization within the property is characteristic of epithermal veins with varying percentages of sulphides consisting primarily of pyrite and arsenopyrite with some locations containing local chalcopyrite and sphalerite.

The Mina Rosales area coincides with a regional magnetic anomaly. In addition, the entire area forms a large colour anomaly, which is indicative of the oxidation of metals.

Results:

Type

Description

Au

Ag

Pb

g/t

g/t

%

Mineralized dump

Dump # 1 -- northernmost working within Rosario area

0.13

109.8

0.90

Mineralized dump

Dump # 2 - 200 m southeast of Dump # 1

0.30

333.1

1.83

Mineralized dump

Dump # 4 - 250 m southeast of Dump # 1

0.29

176.6

0.54

Mineralized dump

Dump # 6 - 300 m southeast of Dump # 1

0.43

301.0

1.06

Mineralized dump

Dump # 9 - 850 m southeast of Dump # 1

0.83

190.4

0.36

Mineralized dump

Dump # 12 - 1.8 km to the southeast of Dump # 1

0.65

450.7

0.25

Mineralized dump

Dump # 13 - 1.8 km to the southeast of Dump # 1

0.38

287.4

0.15

Mineralized dump

Dump # 16 - 2.2 km to the southeast of Dump # 1

0.23

188.0

0.90


Note: samples are composite samples from three 20cm deep holes within each mineralized dump and includes all fine and coarse material from within those holes.

Additional potential within the Rosales area is demonstrated by widely spaced samples consisting of altered and mineralized andesitic host rocks that are in contact with structures and/or veins. The highlights of the nine samples returned the following results:

Sample

Type

Width

Description

Au

Ag

Pb

(m)

g/t

g/t

%

49801

Channel

1.50

Strongly fractured andesite with milimetre quartz veinlets and iron oxides throughout

0.06

18.3

0.62

49809

Channel

0.90

Silicified porphyritic andesite with fine grained sulphides

0.52

333.4

0.61

49813

Channel

1.00

Silicified-argillic altered andesite within working with strong oxidation and fresh fine grained pyrite

0.14

31.5

1.88

49823

Channel

1.00

From within small working - argillic altered andesite with quartz stockwork and oxides throughout

0.56

231.6

0.04

49827

Channel

1.30

From within small working 30 m deep - altered andesite with quartz veins up to 5 cm wide.

0.17

56.1

2.76



Please read news releases for complete details regarding the Los Amoles Property.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101.