News Release #09-17

Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to announce that the Company has signed an agreement with two groups to acquire a 100% interest in seven concessions that form the core of the Orofino Project. The Orofino Project is located approximately 135 km southeast of the capital city of Hermosillo, Sonora State.

Highlights from within the newly acquired concessions are:
(for details please see website at http://www.yaleresources.com/s/Orofino.asp)

• 3.19 g/t gold and 83.2 g/t silver over 30.0 metres from within the La Perla pit
• 1.88 g/t gold and 56.8 g/t silver over 10.67 metres from drill hole north of La Perla pit
• 3.97 g/t gold over 9.14 metres from drill hole at the El Orofino Target
• 2.27 g/t gold and 13.7 g/t silver over 15.24 metres from drill hole at the El Gato Target
• 2.53 g/t gold and 29.6 g/t silver over 4.4 metres from excavation at La Perlita West
• 7.79 g/t gold and 173.0 g/t silver over 2.4 metres from excavation at La perlita North

The seven concessions cover a total of 439.1 hectares and contain six historic open pit mines. Although production records are not available, the vendor of the property had small scale production during the mid 1990's, which produced roughly 60,000 tonnes of ore grading approximately 6 to 7 grams per tonne gold. The remaining leach pad has been sampled by previous operators with an average grade ranging from 2.5 to 3 grams per tonne gold.

In the early 1990's Minera Teck drilled a series of reverse circulation holes at various targets throughout the property. Most recently a previous operator performed widespread soil sampling, geophysics as well as mapping and sampling at the key targets within the property. Yale has access to most of this data but is still attempting to source more data regarding Orofino

To date, the Company is aware of nine known mineralized targets and two strong silica and iron-oxide anomalies within the approximately 83 square kilometres that make up the Orofino Project. Currently there are field crews on the property undertaking taking confirmatory samples and an initial trenching program.

The primary exploration target within the Orofino Project is bulk tonnage heap leachable gold and silver mineralization within quartz-carbonate veins, shears and structurally controlled breccias hosted in andesitic to dioritic volcanic rocks and associated with dacite dykes and sills.

The deal:

The acquisition of these concessions, signed by Yale's wholly owned Mexican subsidiary Minera Alta Vista by means of an option to earn 100%, was done with two different underlying owners. Yale has agreed to pay US $1 million over four years for 5 concessions that total 174.45 ha with an initial payment of US $50,000 and to pay CDN $ 200,000 and issue 1,000,000 shares in Yale over a three year term with the first payment of $10,000 and 100,000 shares in Yale due in four months from signing. Yale will be responsible for all maintenance fees and property taxes.

All of the samples mentioned in this release were taken by previous owners and operators of the Orofino Project. Preparation and analysis of the samples were done at various laboratories - Yale has many of the original assay certificates but not all of them. The reader is cautioned that the results mentioned in this news release are only the highlights and do not represent all of the known results. These results should be considered 'historical' in nature and not relied upon without additional due diligence.

Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the Orofino Property and is responsible for the technical data mentioned in this news release.

On behalf of the Board,

"Ian Foreman"
Ian Foreman, P.Geo.
President

For additional information on Yale Resources please call the Company at 604-678-2531.

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.