Yorbeau Intersects High Grade Massive Sulphides at Caribou Project
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
YORBEAU INTERSECTS HIGH GRADE MASSIVE SULPHIDES AT CARIBOU
PROJECT
2.5 metres of 2.9% copper, 6.9% zinc and 44.4 g/t silver
0.8 metre of 6.6% copper, 9.7% zinc and 63.4 g/t silver
Montréal, May 30, 2017 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is
pleased to report the final results from its 2017 winter drill program on its 100% owned Caribou project
in Quebec. A drill program cons isting of 5 drill holes totalling 3,477 m has been completed with the
objective of testing geophysical anomalies located 300m west of the known deposit and filling an
important undrilled gap within the Caribou massive sulfides lens . Specifically, t here was a 280m gap
located between CAR-18 (0.9% Cu, 13.5% Zn, 0.6 g/t Au, 41 g/t Ag over 0.4m) and CAR -31 (0.4% Cu,
5.8% Zn. 0.3 g/t Au, 18 g/t Ag over 4.1m) which were drilled in 2010 and 2013 respectively (see attached
Figure 1). Two holes were drilled in this gap, CAR-31W (wedge cut drilled from original hole CAR -31)
and CAR-30 (deepening of CAR-30 drilled in 2013), and both intersected massive sulfides.
Assay results are shown below:
ASSAY RESULTS – DDH CAR-31W (weighted averages)
From
(m)
To
(m)
Length
(m)
Cu
%
Zn
%
Au
g/t
Ag
g/t
Remarks
756.1 757.1 1.0 1.6 9.9 0.4 37.1 massive
sulphides
757.1 758.6 1.5 3.9 4.9 0.6 49.5 mineralized tuff
756.1 758.6 2.5 2.9 6.9 0.5 44.4 weighted average
At the depth of the mineralized zone in CAR -31W, the dip of the hole was at 53 degrees and the
horizontal thickness of the mineralization therefore represents 60% of the core length.
ASSAY RESULTS – DDH CAR-30E
From
(m)
To
(m)
Length
(m)
Cu
%
Zn
%
Au
g/t
Ag
g/t
Remarks
788.3 789.1 0.8 6.6 9.7 0.3 63.4 massive
sulphides
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
At the depth of the mineralized zone in CAR-30E, the dip of the hole was at 48 degrees and the horizontal
thickness of the mineralization therefore represents 70% of the core length . The three holes that were
drilled to test geophysical anomalies to the west of the Caribou deposit (CAR-34, CAR-34W and CAR -
35) failed to return significant mineralization and the conductors were explained by pyrrhotite.
The Caribou project is located in Northwestern Quebec approximately 95km NE of the town of La Sarre
and is easily accessible via public roads and a forestry road that provides access to the former Estrades
mine. The recent drilling took place along the wes tern extension of the Estrades mine where exploration
work carried by Cogitore led to the discovery of a new massive sulphide deposit in February 2009.
Including the 2017 drilling, t en holes have so far intersected a thin but high grade massive sulphide le ns
(sheet) and the weighted average (by length of intersections) of the ten holes drilled to date on the
Caribou lens is 2.8% Cu, 6.9% Zn, 1.1 g/t Au and 52.6 g/t Ag over a core length of 1.8 metres. Company
management continues to be encouraged by the per sistent high grades intersected within the Caribou
massive sulphides which remains open at depth (Figure 1).
All drill core discussed in this press release was logged and marked up for assay at the Company’ s secure
facility in La Sarre, Quebec. Drill core for assay was split in half. Half of the core was shipped in sample
bags with appropriate standards, duplicates and replicates used for quality control purposes. The other
half of the core is retained for future reference. Samples were shipped to Laboratoire Techni-Lab S.G.B
of Ste-Germaine.
Work is carried out by the personnel of Yorbeau, under the supervision of Sylvain Lépine, P. Geo., M.Sc
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.
The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6 -km-long
Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria
and Augmitto, have substantial underground infrastructure and have been the subject of NI 43 -101
technical reports that include resource estimates. The Company has signed an Option Agreement with an
affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Pr operty (see press release
dated October 25, 2016). 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 also
feature infrastructure favourable for mining development. The newly acquired base metal properties
include Scott Lake which hosts important mineral resources (see press release dated March 30, 2017).
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
YORBEAU RESOURCES INC.
110 Place Crémazie, Suite 430, Montréal, QC, H2P 1B9
www.yorbeauresources.com
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 assur ance that such statements will
prove to be accurate; actual results and future events could differ materially from those anticipated in
such statements.
A figure is available at the following link: http://file.marketwire.com/release/Figure1_0530.pdf