Announcement Date: 2022-05-31
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Yorbeau Resources Inc.
Project name: Rouyn
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 5.2m @ 84.04g/t Au from 210.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Montreal, Quebec, May 31, 2022 – Yorbeau Resources Inc. (TSX: YRB) (“Yorbeau” or the “Company”) is pleased to report that its partner IAMGOLD Corporation (‘’IAMGOLD’’) has received all the assay results from its 2021 exploration diamond drilling program completed on the Cinderella and Augmitto areas at the Rouyn Project. IAMGOLD holds a purchase option with Yorbeau for the Rouyn Project which is located 4 km south of Rouyn-Noranda, Québec, and approximately 45 kilometers southwest of IAMGOLD’s Westwood operation. The Company is reporting assay results from twenty-eight (28) diamond drill holes from which three (3) were abandoned due to excessive deviation. This part of the 2021 drilling program has totaled 10,418 metres. This program tested a segment of the Cadillac Fault located approximately 1 to 3 kilometres west of the Lac Gamble zone. The assay results reported herein are provided in Table 1, and include the following highlights that are also illustrated on a series of longitudinal sections attached to this news release The diamond drilling program had for main objective to test further areas where previous drilling identified zones of mineralization and to evaluate its continuity with potential to outline a resource. All drill holes successfully intersected the targeted sheared Cadillac-Piché corridor, which hosts several mineralized structures emplaced at different levels in the stratigraphy.
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