Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to announce that ongoing fieldwork at the wholly owned Orofino Project has identified a new mineralized target.

The new target, the Koala Zone, is made up of a zone of oxidation that measures approximately 175 by 90 metres. The discovery outcrop, located at the southern edge of the Koala Zone, returned values of 1.07 g/t gold, 60.1 g/t silver, 1.22 % lead and 1.82 % zinc over 1 metre. A hand dug trench, located 50 metres to the north, uncovered a second mineralized structure that returned 10 metres averaging 0.58 g/t gold, 57.4 g/t silver, 8.4 % lead and 1.4 % zinc located approximately 45 metres to the east.

Limited outcrop requires that continued work at the Koala Zone will consist of additional trenching. The potential to expand the area is demonstrated by one outcrop that occurs approximately 50 metres to the southeast that returned 0.68 g/t gold from a panel sample measuring 2 m by 1 m.

The Orofino Project:

The Koala Zone is now the tenth known mineralized target within the Orofino Project. The property contains six historic open-pit workings. Although production records are not available, the vendor of the property had small-scale production during the mid-1990s, which produced approximately 60,000 tonnes of ore grading approximately 2 to 4 grams per tonne gold. The Orofino Project is located approximately 135 km southeast of Hermosillo, Sonora State and is approximately 83 square kilometres in size. The Project area is host to 9 known mineralized targets and 6 historic open pit workings.

Highlights from previous work within the concessions are (see news release dated October 6, November 6, and December 1, 2009):

• 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; and
• 7.79 g/t gold and 173.0 g/t silver over 2.4 metres from excavation at La Perlita North

Ongoing work at Orofino will be aimed at defining drill targets.

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.

The TSX Venture Exchange has not reviewed and does not accept 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.