Kinross Advises Yorbeau of Withdrawal from the Rouyn Project.
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
KINROSS ADVISES YORBEAU OF WITHDRAWAL FROM THE ROUYN PROJECT.
Montréal, December 1, 2017 - Yorbeau Resources Inc. (TSX: YRB) (the “Company” or
“Yorbeau”) announces that it has been advised by KG Exploration (Canada) Inc., an affiliate of
Kinross Gold Corporation (“Kinross”), that it will terminate its optio n to purchase a 100%
interest in Yorbeau’s Rouyn Property.
As a part of an option agreement (press rel ease dated October 25, 2016), Kinross had committed
to spend C$3 million in exploration on the Prope rty in the first 18 months, including no less than
12,500 metres of diamond drilling. In fact, Kinross completed 24,149 metres of drilling on the
property within 12 months. The Company is very pleased with the amount of drilling done by
Kinross and considers that the large amount of drilling done within the C$3 million commitment
reflects cost efficiency related to favorable pr oject location and to cost control made possible by
a great collaboration between Kinross and Yorbeau staff.
Yorbeau’s management consider that the drilling has advanced the project by confirming the
extension of the Gamble Lake and Astoria minera lized systems at depth, with local improvement
in grade and continuity. The drilling also conf irmed that locally two mineralized structures
(Footwall and Lower Piché) at Astoria may combin e to yield possibly wider zones with a more
favorable geometry for mining. The best drill resu lts at the Gamble Lake zone included 7.9 g/t
Au over 5.9 m, 14.7 g/t Au over 3.0 m and 10.0 g /t Au over 3.0m. At Astoria, the best results
were in hole AS-17-678 which yielded 5.4 g/t Au over 30.1m, including 23.7 g/t Au over 4.1m.
Other significant assays at Astoria included 11.6 g/t Au over 4.7 m and 5.3 g/t gold over 13.0 m,
both with higher grade narrower intervals. The drill results were all disclosed in press releases of
May 8 and September 19, 2017 respectively, with drill hole locations shown on longitudinal
sections.
With the withdrawal of Kinross from the projec t, Yorbeau will resume drilling on near surface
targets which include a geophysical anomaly near the Cadillac Break and the extension of the
Stadacona Mine structure into the Rouyn project (Wright Rouyn target - see press release of
April 18, 2012). This drilling is scheduled to start in the first quarter of 2018.
Mr. Gérald Riverin, PhD, P. Geo., a qualified person (as defined by NI 43-101), has reviewed
and approved the content of this release.
About Yorbeau Resources Inc.
The Company’s 100% controlled Rouyn Property c ontains four known gold deposits in the
6-km-long Augmitto-Astoria corridor situated on th e western half of the property. Two of the
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
four deposits, Astoria and Augm itto, have substantial underground in frastructure and have been
the subject of NI 43-101 technical reports that include resource estimates. In 2015, the Company
expanded its exploration property portfolio by acquiring strate gic base metal properties in
prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure
favourable for mining development. The newly acquired base metal properties include Scott
Lake which hosts important mineral resources and on which a positive Preliminary Economic
Assessment was recently completed.
More information on the Company may be found on the Company’s website at
www.yorbeauresources.com.
For further information, please contact:
Gérald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
Tel : 819-279-1336
G. Bodnar Jr.
Vice President
Yorbeau Resources Inc.
Tel.: 514-384-2202
Toll free in North America: 1-855-384-
2202
Forward-looking statements: Except for statement of historical fact, all statements in this news release,
without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking
statements which involve risks and uncertainties. There can be no assurance that such statements will
prove to be accurate; actual results and future events could differ materially from those anticipated in
such statements.