Yale Resources Subject of Special Mining Sector Advisory with Copper-Gold-Silver at La Verde
New York, NY (PRWEB) June 23, 2008 -- Metals & Minerals Digest has published a segment on Yale Resources Ltd. (TSX-V: YLL) (Pink Sheets: YRLLF) (Frankfurt: YAB) and the potential value that exists at their La Verde Cu-Au-Ag-Zn Project.
The Special Mining Sector Advisory may be viewed free of charge at the following URL: http://metalsandminerals.net/report0608yll.htm
Excepts:
1) "Investors would do well to consider they are solidly long Yale Resources Ltd. as the Company advances towards a production decision on their La Verde project. On June 19, 2008 Yale provided news of affirming results from sampling 13.3 Vertical Metres of vertical shafts, these results have significance that Metals & Minerals Digest examines in an attempt to better understand the potential value that exist at La Verde."
2) "One of the real differences of what Yale is pursuing at La Verde is that they are not trying to find something - the fact is Yale has a deposit. Now the question is "What size is it and what's the average grade?"."
3) "The June 19, 2008 news of Yale testing the vertical shafts leads us to think logically about a bigger picture with regard to how the whole deposit might fit together. The sampling has proven that there is mineralization between the horizontal tunnelling thus giving a three dimensional deposit."
4) "By inputting "conservative" values in our calculations the writer easily derives $100 per tonne rock (significantly below values that would reflect market price for commodities). If we apply complete high-end processing costs and mining costs of $50 a tonne, that would leave $50 per tonne net ? if you have say 1.5 million tonnes - the math gets very exciting in Yale's case. Why is it important to play with these numbers? It gives everyone the encouragement to move forward and prove the numbers. If Yale can prove these numbers, the math states that it is an economic deposit. "
This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.
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