Yale Resources Ltd. - Tenoriba

Location:

The Tenoriba Project is located in south-western Chihuahua State, 290 km southwest of the city of Chihuahua, within the southern Sierra Madre Occidental Mineralized epithermal gold-sliver belt.

Deposit Model:

Low to intermediate sulphidation epithermal gold-silver deposit, with potential to host subvolcanic Cu-Ag-Au, and perhaps porphyry mineralization.

Ownership:

100% Yale Resources.

Size:

The Tenoriba Project is made up of one mineral concession covering 8,610 hectares (86.1km² or 21,276 acres).

Status:

Not currently available for option.

Geology:

The geologic setting for the Tenoriba property is a Cretaceous age volcano-sedimentary assemblage within the Sierra Madre Occidental Geological Province.

Evidence for at least 30 artisanal workings, including trenches, shafts and adits, occur in 15 areas, mainly confined to an east north east-trending belt that extends across the central part of the large concession.

The dominant structural features within the Tenoriba map area are block faults which reflect the structural style that is common through out the entire Sierra Madre. These faults occur in two dominant orientations: (1) east-north east and (2) north-north east to north-trending faults.

Results:

Select Samples from the Tenoriba Project
Sample Number	Target	Sample Type	Length meters	Au (g/t)	Ag (g/t)
MM-0160	Arroyo Las Trozas	Chip	0.60	0.7	540.00

MM-4048	Carneritos	Chip	0.80	1.7	4.13
MM-4001	Carneritos	Dump	-	11.4	77.00

MM-0196	Cebollas	Chip	1.30	1.0	2.61
MM-0197	Cebollas	Chip	2.00	2.0	1.28
MM-0198	Cebollas	Dump	1.00	7.3	103.00

MM-0152	El Cajón	Chip	0.40	0.3	225.00

MM-0672	El Metalito	Chip	1.80	1.3	1.17
MM-4014	El Metalito	Dump	-	6.8	303.00
MM-0191	El Metalito	Chip	1.70	1.5	5.40
MM-0190	El Metalito	Dump	-	2.6	537.00

MM-1331	La Adularia	Chip	2.00	1.5	7.22
MM-1328	La Adularia	Chip	1.50	1.5	4.24
MM-1333	La Adularia	Chip	1.60	2.1	15.45
MM-1332	La Adularia	Chip	1.60	11.1	47.20
MM-1321	La Adularia	Chip	1.80	2.0	11.15
MM-1318	La Adularia	Chip	1.90	4.5	17.85
MM-0680	La Adularia	Chip	1.70	5.1	3.22
MM-1317	La Adularia	Chip	1.60	6.7	30.40
MM-1319	La Adularia	Chip	1.70	6.9	9.13
MM-1316	La Adularia	Chip	1.50	7.0	38.10
MM-1320	La Adularia	Chip	2.00	8.7	37.90
MM-1324	La Adularia	Chip	2.00	12.6	4.30
MM-1311	La Adularia	Chip	2.00	1.3	27.40
MM-1312	La Adularia	Chip	2.00	12.3	226.00
MM-1310	La Adularia	Chip	0.40	6.2	11.80

MM-1344	La Ceniza	Chip	1.65	1.9	7.69
MM-1343	La Ceniza	Chip	1.10	9.5	35.00
MM-1345	La Ceniza	Chip	1.10	0.4	22.70
MM-0668	La Ceniza	Chip	1.60	1.0	192.00
MM-0643	La Ceniza	Chip-Channel	1.50	2.4	2.60
MM-0644	La Ceniza	Chip-Channel	1.00	8.2	32.10
MM-0650	La Ceniza	Chip-Channel	1.50	1.2	4.44
MM-0641	La Ceniza	Chip-Channel	1.80	2.4	14.40
MM-4012	La Ceniza	Chip	1.50	1.2	3.52
MM-4007	La Ceniza	Chip	0.40	5.1	51.70

MM-4059	La Falda	Chip	1.20	1.0	0.77
MM-4058	La Falda	Chip	2.00	1.1	0.80
MM-0166	La Pista	Chip	1.00	4.0	19.75
MM-0170	La Pista	Chip	2.00	1.4	20.10
MM-0171	La Pista	Float	2.00	0.0	94.70

24268	La Verde	Chip	2.10	1.9	14.45
24267	La Verde	Chip	2.10	2.2	59.30
24269	La Verde	Chip	1.70	20.9	143.00
MM-1304	La Verde	Chip	1.30	2.3	1.69
MM-1305	La Verde	Chip	1.70	1.0	0.43
MM-1307	La Verde	Chip	1.40	1.3	1.72
MM-1308	La Verde	Chip	1.80	31.8	16.90

MM-1803	Los Hilos	Chip-Channel	1.60	1.9	21.20
MM-1809	Los Hilos	Chip-Channel	2.00	0.9	6.99
MM-1802	Los Hilos	Chip-Channel	1.50	2.4	4.13
MM-4042	Los Hilos	Channel	2.00	1.7	3.14
MM-4047	Los Hilos	Chip	2.00	5.0	22.40
MM-0657	Los Hilos	Chip	1.00	1.0	2.33
MM-4053	Los Hilos	Chip	1.70	1.1	9.12
MM-1805	Los Hilos	Chip-Channel	1.20	1.7	13.35

24285	Moreno	Chip	1.80	2.5	15.00
24286	Moreno	Chip	0.20	6.0	53.90
24281	Moreno	Dump	-	4.2	577.00
MM-0628	Moreno	Chip-Channel	2.00	1.7	10.30
MM-0627	Moreno	Chip-Channel	1.40	5.0	9.37
MM-0743	Moreno	Chip-Channel	0.90	1.2	4.27
MM-0742	Moreno	Chip-Channel	0.90	5.4	26.70
MM-0605	Moreno	Channel	1.60	1.2	2.16
MM-0601	Moreno	Channel	0.80	1.2	2.13
MM-0611	Moreno	Channel	1.20	1.3	2.71
MM-0602	Moreno	Channel	1.40	2.1	3.34
MM-0607	Moreno	Channel	1.50	2.1	27.00
MM-0613	Moreno	Channel	1.10	3.9	3.87
24291	Moreno	Chip	3.00	1.0	1.90
24292	Moreno	Chip	3.50	1.6	1.15
24290	Moreno	Chip	4.00	1.8	0.76
24288	Moreno	Chip	3.50	6.3	1.47
MM-0181	Moreno	Chip	1.10	4.0	3.66
MM-0186	Moreno	Chip	1.45	1.8	5.45
MM-0187	Moreno	Chip	1.70	3.0	11.80
MM-0652	Moreno	Chip	2.00	0.3	32.90
MM-0189	Moreno	Chip	2.00	0.1	118.00

The Deal:

Through it's wholly owned Mexican subsidiary Minera Alta Vista, 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, will be $125,000.

Projects

Tenoriba

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