23:23:51 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Yorbeau Resources Inc
Symbol YRB
Shares Issued 233,792,001
Close 2015-10-09 C$ 0.095
Market Cap C$ 22,210,240
Recent Sedar Documents

Yorbeau drills 14.1 m of 0.2% Cu, 13.5% Zn at Scott

2015-10-13 12:39 ET - News Release

Dr. Gerald Riverin reports

YORBEAU HITS 14 METRES OF MASSIVE SULPHIDES AND CONFIRMS CONTINUITY OF NEW LENS AT SCOTT LAKE

Yorbeau Resources Inc. has released recent diamond drilling results from its 100-per-cent-owned Scott Lake project in Quebec. Drill hole SC-53W6 intersected massive sulphides within the newly discovered Gap lens (see the company's June 16, 2015, and July 9, 2015 press releases) and confirms continuity of mineralization between previous holes within the Gap lens. As reported previously, this new zone is located outside of the current mineral resources on a mineralized horizon situated at 60 metres to the south of CFO lens.

Assay results are shown in the attached table.

         DDH SC-53W6 SECTION 2000W (WEIGHTED AVERAGES)

From            To    Length      Cu      Zn      Au      Ag   
(m)             (m)       (m)     (%)     (%)   (g/t)   (g/t) 
         
972.1        986.2      14.1     0.2    13.5     0.1    17.7 

As this is still preliminary drilling on this zone, the exact shape and true width cannot be determined with certainty. The core lengths obtained may not reflect the true width of the mineralization.

The Gap lens is located between the West lens and the deeper CFO lens, where there is an important undrilled gap, which is the target of the continuing drill program. Prior to drilling SC-53W6, hole SC-53W5 was completed, but did not intersect any mineralization and therefore limits the vertical extent of the Gap lens on this drill section.

Dr. Gerald Riverin, president of Yorbeau, stated: "The results of SC-53W6 confirm continuity between previous holes and also demonstrates the possibility of higher grades than obtained previously. We are very pleased with the recent developments at Scott and will continue drilling on this new mineralized lens in order to complete an updated resource estimate and ultimately be in a position to assess the economics of the project."

The Scott Lake property, 100 per cent owned by Yorbeau, already hosts a number of polymetallic massive sulphide lenses. These represent combined inferred resources of 5.45 million tonnes grading 1.2 per cent copper, 4.6 per cent zinc, 0.2 gram per tonne gold and 34 grams per tonne silver, using a net-smelter-return cut-off of $80 per tonne (technical report prepared by Roscoe Postle Associates and filed by Cogitore Resources in 2011).

Drilling continues with one drill rig, and the company is in fact waiting for assay results of yet another hole that was recently completed between the recent drilling and the West lens.

All drill core discussed in this press release was logged and marked up for assay at the company's secure facility in Chibougamau, Que. Drill core for assay was split in half. Half of the core was shipped in sample bags to Laboratoire ALS Chemex of Val d'Or, with appropriate standards, duplicates and replicates used for quality control purposes. The other half of the core is retained for future reference.

Work is carried out by the personnel of Yorbeau, under the supervision of Dr. Gerald Riverin, PhD, PGeo. He is a qualified person (as defined by National Instrument 43-101) and has reviewed and approved the content of this release.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.