Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to announce that it has been informed by Silver Sun Resources Ltd. (SSU -- TSX.V) of their intent to complete the terms of the option agreement for a 100% of Yale's interest in the Zacatecas Venture.

To fulfill the terms of the agreement Silver Sun will make a final payment to Yale of 300,000 shares pending TSX Venture approval. This will increase Yale's holdings in Silver Sun to 500,000 shares, which will represent 5.26% of the issued capital of Silver Sun.

Upon completion, Yale will transfer its 73% interest in the Zacatecas Venture to Silver Sun who will then inherit the terms of the Joint Venture with minority partner IMPACT Silver Corp.

Yale continues to receive payments in cash and shares as well as management fees for acting as operator from two other projects under option (Urique and Dos Naciones) and one subject to a letter of intent (Carol). There are approximately $1 million of expenditures required to be spent on these properties by Yale's partners in 2010.

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.