Yale set to return to the Leicester copper property and Makuru gold property, Namibia.

0 Comments | M2 Presswire, April, 2006

M2 PRESSWIRE-25 April 2006-Yale Resources Ltd.: Yale set to return to the Leicester copper property and Makuru gold property, Namibia(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:24042006 Vancouver, British Columbia CANADA - Yale Resources Ltd. (YLL - TSX Venture), is pleased to report that the Company has set an initial budget of $500,000 to the continued exploration of the Leicester copper property and the Makuru gold property, located in Namibia, southwest Africa.

The Company has made payments and issued shares to Helio Resource Corp., the optionor of both properties, in conjunction with the anniversary dates of the respective option agreements. The Leicester Copper Property The Leicester property contains two known large copper targets: the Rehderstal...

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