Yankee Hat Announces Fall Drill Program on the Fran Property

   Yankee Hat Minerals Ltd. (TSX VENTURE: KHT) ("Yankee Hat" or the "Company") is pleased to announce the details of a fall drill program at its Fran Property in central British Columbia (the "Fran Property"). The drill program will be approximately 5,000 meters and is scheduled to begin in mid-November.

The Company has recently completed its first 3D Gemcom model of the Fran Property. This model is based on the assay results from 71 historic drill holes and surface exploration. Noteworthy historic intersections include holes FR-07-074 at 12.9 meters of 7.39 grams per ton of gold, and FR-06-055 at 9.55 meters of 8.21 grams per ton of gold. The model outlines four (4) distinct zones of gold mineralization and specific areas that would lead itself to further exploration. In this regard, drilling targets have been identified and will consist of a combination of infill holes and deeper exploration holes on strike and at depth of known gold mineralization. To view the 3D Gemcom model, please visit the Company's website at www.yankeehatminerals.com.

"This drill program will be the Company's first on the Fran Property since 2007 and brings a new geological team to the site," stated David Matousek, President of Yankee Hat Minerals. "The intent of this drill program is to expand the current scope of the project into areas where mineralization is known to extend and assist in understanding the geological structure of the gold mineralization."

Mr. Terence Schorn, P.Geo. is a Qualified Person registered in British Columbia as defined by NI-43-101 and has reviewed the technical information this press release contains.

The Fran Property is advantageously positioned in Central BC, just 30km away from the Mt. Milligan Cu-Au deposit. All weather road access to the Fran project means cost effective drilling, and significant infrastructure in the area increases the availability of trades and equipment.

About Yankee Hat Minerals Ltd.

Yankee Hat Minerals Ltd. is a publicly held resource company that utilizes its management's expertise in mineral exploration and evaluation, and financial acumen, to identify, acquire, and develop mineral prospects in mining friendly jurisdictions with the potential to host large-scale discoveries. The Company strategically focuses on commodities that have strong underlying price fundamentals such as gold and precious metals, rare earth elements and tungsten. The Company's website at www.yankeehatminerals.com and public filings at www.sedar.com provide additional information on its projects and other information with respect to its management and operations.

ON BEHALF OF THE BOARD

P. Bradley Kitchen, Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Yankee Hat Minerals Ltd. David Matousek President 604.638.8072 604.688.9620 (FAX) [e-mail] www.yankeehatminerals.com Investor Cubed Inc. Neil Simon 647.258.3310 or Toll Free: 1.888.258.3323 [e-mail] www.investor3.ca