Yorbeau Completes Geophysical Survey and Expands Property ON the Beschefer Project, Quebec
YORBEAU RESOURCES INC.
110 Place Crémazie O, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
YORBEAU COMPLETES GEOPHYSICAL SURVEY AND EXPANDS PROPERTY ON THE BESCHEFER
PROJECT, QUEBEC
Montréal, March 19, 2020 - Yorbeau Resources Inc. (TSX: YRB) (the “Company” or “Yorbeau”) is pleased
to announce that a geophysical survey was completed on the Company’s Beschefer property located in
northwestern Quebec, approximately 140 kilometers n ortheast of the town of La Sarre and 190 kilometres
west of Matagami. The property is easily accessible via public and forestry roads that provide access to the
former Selbaie Mine located approximately 10 kilometres to the northwest (Figure 1).
During February 2020, Abitibi-Géophysique, using their OreVision technology , completed a 7.6 kilometer
induced polarization (I.P) survey. The objective was to confirm and refine some I.P anomalies outlined by
Billiton Canada in 1997 on the northern part of the property . The 2020 s urvey was designed to test the
presence of chargeability anomalies close to the Brouillan pluton where the extension of B14 fault is
interpreted (Figure 2). B14 fault is known for hosting gold mineralization and particularly the B14 gold zone,
where highest grade intersections included: 55.63 g/t Au over 5. 57 meters and 13.07 g/t Au over 8. 75
meters (please refer to the Wallbridge website). The results of the I.P survey show an E-W axes with weak
chargeability highs located along the B14 fault projection on Yorbeau’s Beschefer property (Figure 3) .
Furthermore, in March 2020, six new claims were acquired in order to fully cover theses anomalies located
in the northern part of the property.
Importantly, the B14 gold zone shows a relatively flat dip to the south and consequently , the extension at
depth could occur on Yorbeau’s Beschefer property. Yorbeau’s technical team is compiling data to refine a
geological model and to target areas with the best gold potential.
G. Bodnar Jr., Company president commented: “ So far , the Beschefer property has been explored by
Yorbeau mostly for base metals along the B26 horizon. We are excit ed that r ecent work in the region
indicates an excellent potential for gold, and our focus will now be to explore potential B14 extensions on
Yorbeau’s claims”.
Work is carried out by the personnel of Yorbeau, under the supervision of Sylvain Lépine, M.Sc, P.Geo. He
is a qualified person (as defined by National Instrument 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-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 import ant 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.
YORBEAU RESOURCES INC.
110 Place Crémazie O, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
For further information, please contact:
Sylvain Lépine, M.Sc, P. Geo G. Bodnar Jr.
General Manager Exploration, President, Chief Financial Officer
Yorbeau Resources Inc. Yorbeau Resources Inc.
[email protected] [email protected]
Tel: 819-277-0577 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 Beschefer property, 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 O, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
Figure 1. Location map of Yorbeau’s projects, Quebec, including Beschefer property.
Figure 2. Compilation map showing the 2020 grid and untested I.P anomalies located along the interpreted
west extension of B14 fault.
YORBEAU RESOURCES INC.
110 Place Crémazie O, Suite 503, Montréal, QC, H2P 1B9
www.yorbeauresources.com
Figure 3. I.P interpretation of line 64+00E.