Communicators

Yale and Exmin start Drilling at Urique North

Yale Resources Ltd. and partner Exmin Resources Inc. have completed the first drill hole to a depth of 102.1 metres in the Cerro Colorado target of the Urique project located in the prolific Sierra Madre precious metal belt in southern Chihuahua state, Mexico. The drill program is planned for 1,500 metres of HQ core to test induced polarization geophysical targets within the Cerro Colorado and San Pedro target areas in the northern portion of the property. Drilling is being conducted by Globexplore Drilling and Exploration of Hermosillo.
The Cerro Colorado target consists of a 2.5-kilometre-long and two-metre-wide to nine-metre-wide structurally controlled breccia hosting two sets of historic workings (El Vergel and Mina Guadalupe) located approximately 1.5 km apart. Chip channel samples from the El Vergel zone returned grades of 2.23 grams per tonne gold and 150.0 g/t silver over 3.0 metres, while samples from the Mina Guadalupe zone assayed 5.46 g/t gold and 36.0 g/t silver over 9.1 m (see news in Stockwatch Feb. 15, 2007).
The San Pedro target area surrounds the historic Sangre de Cristo gold-silver mine (owned by a third party). Fieldwork at San Pedro has identified several small mines and prospects developed on quartz veins. Assays from these showings range from 6.6 to 35.0 g/t gold and 61.0 to 401.0 g/t silver over vein widths of 0.3 to 1.1 metres (see news as reported in Stockwatch May 17, 2006).

Ian Foreman, PGeo, president of Yale Resources, stated: "We are very excited to be drilling the best coincident geophysical and geological targets in the Cerro Colorado and San Pedro target areas -- only two of 10 known targets within the Urique property. The fact that the first hole intersected the structure where anticipated adds to our confidence in our geological model."

Pictures from the drill program are available on the company's website. These include pictures from the first drill hole in the El Vergel area.

Dr. Craig Gibson, PhD, certified professional geologist, and executive vice-president of exploration for Exmin Resources, is the direct manager of all technical programs and information on the part of Exmin and has reviewed the technical information in this news release. Mr. Foreman is Yale Resources' qualified person, as defined by National Instrument 43-101, for the Urique project.

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.