Yorbeau Resources Successfully Completes Its Drilling Program ON the Scott Lake Property IN Chibougamau, Quebec
YORBEAU RESOURCES INC.
50 boulevard Crémazie Ouest, Suite 403, Montréal, Québec H2P 2T1
www.yorbeauresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
YORBEAU RESOURCES SUCCESSFULLY COMPLETES ITS DRILLING PROGRAM ON THE SCOTT
LAKE PROPERTY IN CHIBOUGAMAU, QUEBEC
Montreal, Quebec, November 10, 2022, Yorbeau Resources Inc. (TSX: YRB), (“ Yorbeau” or the
“Company”) completed a 4,586-metre drilling program on its Scott Lake property in early November. Since
the last press release on October 5, 2022, the Company has dri lled one hole (SC-93) and placed two
wedges (SC 95 W 1, SC-95 W2) from hole SC -95 to intersect the new zinc and copper zone located less
than 300 metres west of the Scott Lake deposit and the Gwillim Lake regional Fault. The hole and the two
wedges all intersected the zinc and copper mineralized zone over widths ranging from 3 to 8 metres. The
mineralization has now been intersected in five holes over 100 metres laterally and remains open over the
entire surface of the modelled 175 metres by 175 metres conductive plate. A figure illustrating the posi-
tion of holes relative to the conductive plate will be available on the Company's website in a few
days.
Mineralized zone samples are now being prepared at the Company’s Rouyn-Noranda facility and will be
sent to the analytical laboratory as soon as possible. Results are expected in the first quarter of 2023.
Yorbeau also plans to conduct a geophysical survey at the western most SC-93 drill hole to identify the
potential presence of new lenses associated with tuff horizons present at a few locations along the drill
hole.
Mr. Laurent Hallé, P.Geo., Consulting Geologist and qualified person for the purposes of N1 43-101 with
respect to the technical information being reported on has read and appr oved this press release.
In 2015, Yorbeau expanded its portfolio of properties in Quebec by acquiring strategic base metals in re-
gions with high potential in the Abitibi belt which offer favorable infrastructure to mining development. Ac-
quired base metal properties include the Scott Project comprising several mineralized zones that have vol-
canogenic massive sulphides (“VMS” mineralization characteristics). The VMS-style mineralization at the
Scott Project includes several distinct lenses of stratiform massive sulphides located along or near rhyolite-
andesite/basalt contacts. In addition to sulphides, distinct areas of vein-like and disseminated sulphides of
VMS (stingers) style, which can either connect to massive sulphides or not, have been intersected over a
distance of at least 2 kilometers in an east-west direction. According to a Preliminary Economic Assessment
(“PEA”) conducted in late 2017 by Roscoe Postle Associates (“RPA”), the project represents an opportunity
to develop a mine located near the towns of Chibougamau and Chapais, a typical northern mining devel-
opment environment, offering the housing benefits as well as the availability labor.
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 property, 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 release,
including without limitation, regarding drilling results, future plans and objectives are forward-looking state-
ments 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 state-
ments. Yorbeau disclaims any obligation to update such forward- looking information unless required by
applicable securities laws.