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Yorbeau Announces Appointment of Mackenzie Watson ON Strategic Advisory Board

Management Changes

YORBEAU RESOURCES INC.

110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9

www.yorbeauresources.com 

PRESS RELEASE

FOR IMMEDIATE RELEASE

YORBEAU ANNOUNCES APPOINTMENT OF MacKENZIE WATSON ON STRATEGIC

ADVISORY BOARD

Montreal, February 5, 2019 – Yorbeau Resources Inc. (TSX: YRB) (" Yorbeau" or the " Company") is

pleased to announce that it has created a strategic advisory board (the " Advisory Board") mandated with

the task of advising the Company's board of dir ectors and management with respect to Yorbeau's

corporate and operational strategy and matters related thereto.

Yorbeau is excited to report that the Advisory Board's initial member will be Mr. Mackenzie (Mac)

Watson. Additional indivi duals may be added to the Advisory Board from time to time based on the

Company’s evolving needs.

Mr. Watson, B.Sc., P.Eng., has over 50 years of experi ence in exploration, development, and operations

in the mining industry. Mr. Watson has spent his career in the junior mining sector, notably served as

Chief Executive Officer of Lynx Canada Exploratio n Ltd. until 1985 and as Chief Executive Officer of

Freewest Resources Canada Inc. from 1985 until its acquisition by Cliffs Natural Resources in 2010.

Among his many achievements, Mr. Watson was awarded Canada’s Prospector of the Year Award in

1991 for his contribution to the discovery of the Hark er Holloway gold mine (Ontario), the Icon-Sullivan

copper mine (Quebec), the Long Lake zinc mine (O ntario), the Ellison gold deposit (Quebec) and the

Hebecourt copper deposit (Quebec); and again in 2010 fo r his contributions to the mineral discoveries in

the Ring of Fire area in Northern Ontario. Mr. Wats on is also the first person to have received the Bill

Dennis Award for a Canadian Discovery or Prosp ecting Success twice: a first time in 1991 for numerous

discoveries; and again in 2009 as part of the team res ponsible for chromite discoveries in the Ring of Fire.

He was also awarded the Quebec Prospector of the Year Award in 1992 for his participation in the

discovery of the Pusticamica and Verneuil gold de posits in Quebec. In January 2015, Mr. Watson was

inducted into the Canadian Mining Hall of Fame.

Mr. Watson’s illustrious career as an explorer is particularly relevant for Yorbeau’s business plan, having

discovered the so-called “Icon showing” in 1965, which is the main polymetallic mineralized showing on

Yorbeau’s newest KB project in the Chibougamau belt. Mr. Watson's advice will serve to strengthen

Yorbeau’s mission to develop its assets, and in par ticular its base metal projects in the Chibougamau

camp.

Gérald Riverin, President of Yorbeau, stated: “Yor beau is looking forward to collaborating with Mac

Watson and eagerly anticipates being able to benef it from his extensive experience and expertise in

mineral exploration. We hope that the newly formed Advisory Board will prove useful in supporting the

Company's efforts to execute on its strategic objectives.”

YORBEAU RESOURCES INC.

110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9

www.yorbeauresources.com 

About Yorbeau Resources Inc.

The Rouyn Property, wholly-owned by the Company, 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, wh ereby IAMGOLD has the option to acquire a 100%

interest in the Rouyn property, and a major drilli ng program is underway. Two of the four deposits,

Astoria and Augmitto, benefit from substantial undergr ound infrastructure and have been the subject of

technical reports that include resource estimates and that were filed in accordance with Regulation 43-

101. In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal

properties in prospective areas of the Abitibi Belt of Quebec and Ontario that feature an infrastructure

favourable for mining development. The newly acquire d base metal properties 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,

without limitation, regarding the formation, mandat e, composition and benefits of the Advisory Board

and future plans and objectives are forward-looking st atements 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 su ch statements. Yorbeau disclaims any obligation to

update such forward-looking statements, other than as required by applicable securities laws.