Mr. George Bodnar reports

YORBEAU ISSUES MINERAL RESOURCES ESTIMATES FOR ITS WHOLLY OWNED ROUYN GOLD PROPERTY COVERING THE AUGMITTO-CINDERELLA, GAMBLE AND ASTORIA ZONES

Yorbeau Resources Inc. has released new mineral resources estimates (MREs) for its wholly owned Rouyn gold property in the Rouyn-Noranda mining camp, Quebec.

The new resources are 918,000 ounces of gold within the indicated resources category and 615,000 ounces of gold within the inferred resources category. The property MREs were independently prepared by InnovExplo Inc., in accordance with National Instrument 43-101 and is dated April 18, 2023.

Terry Kocisko, director and chief executive officer, states: "The Rouyn gold property has exceeded our expectations showing significant gold resources of more than 918,000 ounces indicated and 615,000 ounces inferred. The current resources update also demonstrates the potential for continued growth at Yorbeau. Given the success of our drilling at our Scott Lake VMS [volcanic massive sulphide] project near Chibougamau, the success at Rouyn leaves the door open to increase the size of our MREs overall in precious and base metals as we continue to successfully advance our projects through 2023."

George Bodnar, president and chief financial officer, adds: "The new MREs at Rouyn include resources from the Augmitto-Cinderella, Gamble and Astoria deposits covering a total of 22 lenses over a six-kilometre trend to a depth of one kilometre along the Larder Lake-Cadillac break. Geological expertise gained over the last 20 years along the break indicates that the gold mineralization reaches depths of up to three km, which leaves significant room for added gold potential at Rouyn. In the meantime, Yorbeau is assessing multiple scenarios to rapidly advance the Rouyn gold property towards eventual gold production."

The final technical report (according to NI 43-101) will be filed with SEDAR within 45 days of the issuance of this news release. The report will be also available on Yorbeau's website.

The MREs are outlined in the attached table.

About Yorbeau Resources Inc.

Yorbeau Resources is a Canadian public company involved in gold and base metal exploration in Quebec, Canada. Its properties are in northwestern area of the province containing many significant deposits on the famed Abitibi greenstone belt, including major gold mines along the Larder Lake-Cadillac break and several volcanic centres hosting major copper-zinc-gold deposits.

Yorbeau is focusing on its Rouyn gold and Scott Lake zinc-copper projects which have demonstrated the most immediate and substantial prospects for discovery and eventual mine development. While Scott is very favourably located in the Chibougamau mining camp, Rouyn represents a consolidation of several contiguous properties strategically located on the famously productive Cadillac break in the Rouyn-Noranda mining camp. Other holdings of the company include its interest in the past-producing Joutel gold mining camp and the Beschefer property adjacent to SOQUEM's B-26 deposit in the Selbaie mine area.

Qualified person

The scientific and technical content of this press release has been reviewed, prepared and approved by Laurent Halle, senior mineral exploration consultant with Yorbeau, who is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

Technical information related to the MREs contained in this news release has been reviewed and approved by Marina Iund, PGeo, Martin Perron, PEng, and Marc R. Beauvais, PEng, of InnovExplo Inc., who are independent and qualified persons as defined by NI 43-101, with the ability and authority to verify the authenticity and validity of these data.

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