Yale Samples 2.70 g/t Au and 529.8 g/t Ag Over 2.10m – Identifies Another New Zone at Orofino.
Business Wire
VANCOUVER, British Columbia (Business Wire) -- Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) is pleased to
announce that ongoing fieldwork at the wholly owned Orofino Project has
identified another new mineralized target. This new target is located in
the southern portion of a 4.5 by 2.5 kilometre coincident silica and
iron-oxide ASTER anomaly located in the approximate centre of the 83
square kilometre project. San Francisco is now the eleventh known
mineralized target within the Orofino Project. The highlight sample was
2.1 metres with a weighted average of 2.70 g/t gold and 529.8 g/t silver.
The San Francisco target is on trend with the Quelitoso target, located
approximately 1.3 km away, as well as the Santiago Target located an
additional 1.5 km away. This now creates a mineralized trend that
measures as least 3 kilometres in length.
The San Francisco target is made up of a 30 to 40 metre wide zone of
strong oxidation centred on a 5 to 6 metre wide core area of strong
silicification and veining. It has been traced in the field for 300
metres along strike and remains open in both directions.
Of note at San Francisco is the absolute lack of any signs of previous
sampling, which indicates to Yale management that there is potential to
encounter additional workings and/or targets in this portion of the
property as it appears to not have been explored by previous companies.
Multiple historic workings exist along this 300 metre portion of the San
Francisco target. To date, reconnaissance-style sampling has only been
done within these workings. Sampling from this initial reconnaissance
sampling returned the following results:
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Monday, June 28, 2010
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