Yorbeau Annonces Beginning of Drilling Program at Kb Project IN Chibougamau CAMP.
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
YORBEAU ANNONCES BEGINNING OF DRILLING PROGRAM AT KB PROJECT IN
CHIBOUGAMAU CAMP.
Montreal, October 29, 2019 – Yorbeau Resources Inc. (TSX: YRB) (" Yorbeau" or the "Company") is
pleased to announce that diamond drilling has commenced at its KB project in the Chibougamau area of
Quebec.
The KB project is highly prospective for zinc and copper due to the presence of an historic high grade
prospect associated with a massive sulphide stratigraphic horizon hosted within mafic and felsic volcanics.
The property appears to have a geological set ting similar to that found at the past producing high grade
Lemoine mine and at Yorbeau’s Scott project, including high grade VMS-style mineralization, presence of
felsic tuffs, and potential for high synvolcanic heat flow resulting from the proximity of t he Lac Doré
(synvolcanic) Complex (Figure 1).
According to Government files, historical drilling done by Icon Sullivan in 1965 yielded up to 1.9% copper
and 11.0% zinc over a core length of 1.0 metre of massive sulphides. Since acquisition of the project in
late 2017, the Company completed an airborne VTEM electromagnetic survey which identified numerous
conductors, including a 2 km long strong conductor which coincides locally with the main showing.
Detailed mapping was done around the conductors in order to select drill targets. Yorbeau’s technical team
considers that the quality of th e conductors, combined with their geological setting, makes them high
priority exploration targets.
One drill rig is currently in operation on the project and nine short drill holes totalling about 1,600 metres
are planned along a conductive zone that covers over 1.5 km of strike length.
Gérald Riverin, Company president commented: “We are very excited to be drilling again in the
Chibougamau camp. With the Scott project hosting important zinc and copper resources , base metal
prospects in the Chibougamau mining camp with features similar to the Scott mineralization become
strategic for the Company. In spite of local high grade zinc mineralization at surface, the KB project had
never been drilled below 150 metres vertical, and has yet to be explored using modern volcanogenic
massive sulphides concepts. Our technical team has developed considerable expertise in this type of
mineralization in the Chibougamau Camp, and the Com pany is looking forward to completing a first
drilling program on this project.”
Work at Yorbeau is carried out under the supervision of Gérald Riverin, Ph.D ., P. Geo. He is a qualified
person (as defined by NI 43-101) and has reviewed and approved the content of this release.
About Yorbeau Resources Inc.
Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration
properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic
focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
owned Rouyn Property is the Company’s main gold asset and contains four known gold deposits in the 6
km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a
definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in
the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets
include the Scott Project, which bears important mineral resources (see the press release dated March 30,
2017) and on which a positive Preliminary Economic Assessment was recently completed.
For additional information on the Company, consult its website at www.yorbeauresources.com.
For further information, please contact:
Gérald Riverin, PhD, P. Geo G. Bodnar Jr.
President, Yorbeau Resources Inc. Vice-President, Chief Financial Officer
Yorbeau Resources Inc. Yorbeau Resources Inc.
[email protected] [email protected]
Tel: 819-279-1336 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,
including without limitation, regarding the prospects of the KB project, drilling results, 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. Yorbeau disclaims any obligation to update such forward- looking
statements, other than as required by applicable securities laws.
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
Figure 1. Location map of Yorbeau’s projects in the Chibougamau camp, Quebec, including KB property.