Announcement Date: 2023-01-17
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Yorbeau Resources Inc.
Project name: Scott Lake
Location: Canada
Commodities: Gold,Silver,Copper,Zinc
Highlight: Drilling results incl. 6.66m at 0.98% Cu, 6.35% Zn, 42.30g/t Ag, 0.34g/t Au, 0
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: The Company announces drilling results on its new discovery west of the Gwillim fault on its Scott Lake property in Chibougamau, Quebec. Five holes west of the fault all intersected copper, zinc, and silver mineralization over widths ranging from 0.75 meters to 6.6 meters. One of the intersections yielded 0.98% copper, 6.35% zinc and 1.36 ounces/t silver in hole SC-95 W (Table 1). The discovery holes cover a lateral distance of 110 m and represent approximately 10% of the electromagnetic conductor, thus giving a significant surface favorable for the extension of the mineralization encountered to date (Figure 1,Figure 2 and Figure 3). A sixth drill hole during last fall’s campaign intersected 1.64 meters of massive sulphide grading 7.7% zinc and nearly 1 ounce/ton of silver before encountering the Gwillim fault. This massive zone is possibly an extension of the Gap zone east of the Gwillim fault. The last hole of the fall 2022 campaign (SC-93) was also subject to a geophysical survey. The results have just been interpreted and they indicate a robust response of the mineralized zone plunging eastward for a hundred meters. In addition to the discovery mineralization, two other weaker conductors were identified at 755 and 800 meters along the borehole. These two conductors coincide with cherts and low sulfide mineralization which could therefore indicate two new horizons favorable for copper and zinc sulfide mineralization.
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