Yorbeau discovers new lens of copper and zinc west of the Gwillim fault on its Scott Lake property, Chibougamau, Quebec
YORBEAU RESOURCES INC.
50 boulevard Crémazie Ouest, Suite 403, Montréal, Québec H2P 2T1
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
Yorbeau discovers new lens of copper and zinc west of the Gwillim fault on
its Scott Lake property, Chibougamau, Quebec
Montréal, Québec, October 5, 2022, Yorbeau Resources Inc. (TSX: YRB), (“Yorbeau”
or the “Company”) is pleased to announce the progress of the exploration program
initiated in late August 2022 on its Scott property near Chibougamau, Quebec 100%
owned by the Company.
As of October 5, 2022 three holes have been drilled on the property for a total of 2, 615
meters. During this program, which is still ongoing, the company discovered a well
mineralized 6.6 meters zone of sulphide rich in chalcopyrite (copper) and sphalerite (zinc)
centered at a vertical depth of about 925 meters. The sulfide zone has so far been
intersected by two drill holes, about 60 meters apart and a third is being executed. This
zone of sulfide coincides with a modeled electromagnetic conductor 150 by 150 meters,
300 meters west of known Scott Lake deposit. The average thickness of this zone is not
known at this moment. Indeed, the two holes that intersected the conductor only scratched
the surface of the eastern edge (EST) of the electromagnetic conductor, according to our
interpretation and the modeling made by Inter -Géophysique from Rosemère in
Quebec. The current drilling is now targeting the center of the conductor in order to
determine the potential size of the lens.
Mr. Laurent Hallé, P.Geo., Consulting geologist and qualified person for the purposes of
National Instrument 43-101 with respect to the technical information being reported on has
read and approved this press release.
About Yorbeau Resources
The 100% owned Rouyn property contains four known gold deposits in the six-kilometre-
long Augmitto-Astoria corridor located in the western part of the property. The Company
signed a definitive agreement in December 2018 that gives IAMGOLD the option to
acquire a 100% interest in the Rouyn pr operty, and a major drilling program is underway
on the property. Two of the four deposits, Astoria and Augmitto, have substantial
underground infrastructure and have been the subject of technical reports that include
resource estimates and have been filed in accordance with NI 43-101.
Additional information about the Company is available on its website,
http://www.yorbeauresources.com.
YORBEAU RESOURCES INC.
50 boulevard Crémazie Ouest, Suite 403, Montréal, Québec H2P 2T1
www.yorbeauresources.com
For more information, please contact:
G. Bodnar Jr. Laurent Hallé P. Geo
President, Chief Financial Officer Senior Consultant
Yorbeau Resources Inc. Yorbeau Resources Inc.
[email protected] [email protected]
Tel: 514 384 2202 Tel: 819 629 9758
Toll free in North America: 1 855 384 2202
Forward-looking statements: Except for the statement of historical fact, all statements in
this news r elease, including without limitation, regarding the potential discovery of new
lens, formal 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 information unless required by applicable securities laws.