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KHT Yankee Hat Minerals Ltd

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Share Name Share Symbol Market Type
Yankee Hat Minerals Ltd TSXV:KHT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Yankee Hat Announces Fall Drill Program on the Fran Property

02/11/2010 1:00pm

Marketwired Canada


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

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