Download PDF version   |   Views all documents on Sedar

Montréal, July 9, 2015 - Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to report on exciting developments at its 100% owned Scott Lake project in Quebec. The third hole of the program (SC-48E) which represents a step-out of 67m from SC-53W4 (Company’s June 16, 2015 press release) intersected massive sulphides and confirms discovery of a new massive sulphide lens outside of the current mineral resources on a new horizon situated at 60m to the south of CFO lens.

Assay results are shown below:

DDH SC-48E Section 1900W (weighted averages)

This new massive sulphides lens is located between the West Lens and the deeper CFO Lens (see attached Figure 1) where there is an important undrilled gap. Three holes drilled so far (SC-53W3, SC-53W4and SC-48E)lead us to believe that this well located new lens couldsignificantly increase tonnage and have positive impact on the economics of the project. At this time the mineralized zone still remains open at least in three directions (up, east and west). Follow-up drilling on this discovery will focus to extend this new lens between these two important already known lenses (CFO and West lenses).

The shape and true width of this new lens cannot be determined with certainty without additional drilling. The core lengths obtained may not reflect the true width of the mineralization.

This recent success confirms that additional massive sulphide lenses may indeed be located on the property.

The Scott Lake property, 100% 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% copper, 4.6% zinc, 0.2 g/t gold and 34 g/t silver, using an NSR cut-off of $80 per tonne (Technical Report prepared by Roscoe Postle Associates and filed by Cogitore Resources in 2011).

All drill core discussed in this press release was logged and marked up for assay at the Company’s secure facility in Chibougamau, Quebec. 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 Sylvain Lépine, M.Sc, P.Geo. He is a qualified person (as defined by National Instrument 43-101) and has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates. The Company has recently expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development.

More informationon the Company may be found on the Company’s website at www.yorbeauresources.com.

For further information, please contact:

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montréal, June 16, 2015- Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleasedto report on exciting developments at its 100% owned Scott Lake project in Quebec. The second hole of the program intersected zinc-rich massive sulphides which may, upon confirmation by further drilling, represent a new massive sulphide lens outside of the current mineral resources. Assay results are shown below:

DDH SC-53W4 Section 2000W (weighted averages)

The overall mineralized interval consists of volcanogenic massive sulphides cut by a few metric mafic dykes which may contain remobilized sulphides. As it is the first and only hole on this zone, the shape and true width cannot be determined with certainty. The core lengths obtained may not reflect the true width of the mineralization.

Prior to drilling SC-53W4, the Company first started the program by drilling SC-53W3 and hit mostly low grade stringer sulphides about 80 metres below the SC-53W4. Interestingly however, these stringer sulphides include highly anomalous gold values over a 49 metre interval as shown below:

DDH SC-53W3 Section 2000W (weighted averages)

The SC-53W4 massive sulphide zone is located between the West Lens and the deeper CFO Lens (see attached Figure 1). As mentioned in the Company’s May 6, 2015 press release, this target area is located where there is an important undrilled gap between the West and CFO lenses. The drilling program was specifically targeting a geophysical conductor in this sector and the success encountered is a testimony to the abilities of our technical staff to make discoveries.

Company president Gérald Riverin stated: “We are very excited about this new massive sulphide zone at Scott because it occurs in a strategically located “gap” in the drilling coverage and in the known Scott mineral resources, and also because borehole geophysics suggests that SC-53W4 only hit the edge of a large conductor. Although this is still only the first hole in this new zone, we believe it represents yet another milestone in our objective of increasing mineral resources at Scott Lake. We are looking forward to further testing this new lens and to developing other targets as well.”

The Scott Lake property, 100% 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% copper, 4.6% zinc, 0.2 g/t gold and 34 g/t silver, using an NSR cut-off of $80 per tonne (Technical Report prepared by Roscoe Postle Associates and filed by Cogitore Resources in 2011).

Follow-up drilling on the SC-53W4 discovery will be conducted immediately after completing interpretation of borehole geophysics, designing the technical parameters of the planned drill hole and obtaining appropriate permits.

All drill core discussed in this press release was logged and marked up for assay at the Company’s secure facility in Chibougamau, Quebec. 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 Gérald Riverin, PhD, P. Geo. He is a qualified person (as defined by National Instrument 43-101) and has more than 38 years of experience in mineral exploration. He has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates. The Company has recently expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development.

More informationon the Company may be found on the Company’s website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin,Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montréal, May 6, 2015 - Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that drilling at the Scott Lake Project in the Chibougamau mining camp of Quebec started today with one drill rig.

The Scott Lake property, 100% 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% copper, 4.6% zinc, 0.2 g/t gold and 34 g/t silver, using an NSR cut-off of $80 per tonne (Technical Report prepared by Roscoe Postle Associates and filed by Cogitore Resources in 2011).

Recent interpretation work at Scott Lake led to the identification of a fault that seems to cut off the West Lens with an apparent left-handed displacement (to the south), and of a strong conductor located precisely where the West lens (764,000 tonnes grading 0.8% copper, 9.8% zinc, 0.2 g/t gold and 38 g/t silver) seems to have been displaced. This sector is centered between the West Lens and the deeper CFO Lens (377,000 tonnes grading 2.4% copper, 4.8 % zinc, 0.3 g/t gold and 43 g/t silver). In addition, this target area is significantly located where there is an important undrilled gap between the West and CFO lenses. The current drilling program will be specifically targeting the geophysical conductor in this sector. Considering that the best grades in the Scott deposit are located in the vicinity of the interpreted fault, Yorbeau management believes that this target could become a game changer for the project and for Yorbeau.

Work is carried out by the personnel of Yorbeau, under the supervision of Gérald Riverin, Ph D., P.Geo. He is a qualified person (as defined by National Instrument 43-101) and has more than 38 years of experience in mineral exploration.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates. The Company has recently expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development.

More informationon the Company may be found on the Company’s website at www.yorbeauresouces.com.

For further information, please contact:

Gérald Riverin,Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montréal, March 2, 2015 - Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that drilling at the Selbaie West Property in northwestern Quebec started on February 27 with one drill rig. The first hole is already completed and the Company plans to drill 7 holes totalling 2,500 metres to test several geophysical and geological targets. The drill targets include following-up a silver discovery made by Cogitore in 2012 and which returned 174 g/t silver (over 5 ounces of silver per tonne) over a core length of 5.4 metres. Drilling at the Selbaie West Property is the first phase of the Company’s 2015 exploration program budgeted at $1.4 M and which will comprise 7,500 metres of diamond drilling in 4 projects.

The Selbaie West property is owned 100% by Yorbeau, subject to a back-in agreement with First Quantum Minerals Ltd (successor of Inmet Mining). It is located 8 kilometres west of BHP Billiton’s past producing Selbaie mine and covers 12 kilometres of strike length. The drill targets are located in the same volcanic rock stratigraphic package that hosted the Selbaie mine.

According to public files of the Quebec government, over 53 Million tonnes were mined at Selbaie (both from underground and open pit) over a 23 year mine life (1981-2004), which places this mine in the upper 5% of volcanic massive sulphide deposits (VMS) in terms of ore tonnage. Total metal production over that period amounted to 510,936 tonnes of copper; 1,011,227 tonnes of zinc; 992,477 ounces of gold and 69.7 million ounces of silver. Selbaie West is an exploration project with potential for copper, zinc, gold and silver.

Work is carried out by the personnel of Yorbeau, under the supervision of Gérald Riverin, Ph D, P.Geo. He is a qualified person (as defined by National Instrument 43-101) and has more than 38 years of experience in mineral exploration.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates. The Company has recently expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development.

More informationon the Company may be found on the Company’s website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin,Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montreal, February 2, 2015 - Yorbeau Resources Inc.(TSX: YRB.A) (“Yorbeau” or the “Company”) is pleased to announce that it has closed the purchase and sale transaction with Cogitore Resources Inc. (“Cogitore”) previously announced on October 21, 2014. Pursuant to the transaction, the Company acquired substantially all of Cogitore’s exploration assets in consideration of the issuance of 25 million shares.

The exploration assets acquired by Yorbeau consist of seven (7) base metal exploration properties located in the highly prospective Abitibi Belt of Quebec and Ontario, and a core shack and office building located in Chibougamau. Acquisition of these assets, combined with the exploration properties acquired through the recent business combination with Cancor Mines Inc. (see press release of May 29, 2014) results in Yorbeau becoming a major owner of high quality base metal properties. The properties acquired from Cogitore include the Scott and Lemoine base metal projects in the Chibougamau region. Scott already hosts resources, prepared in compliance with NI 43-101, in the inferred category, of 5.4 million tonnes grading 1.2% copper, 4.6% zinc, 0.2 g/t gold and 34 g/t silver. Highly promising exploration targets ready to be drilled have recently been identified at Scott and opportunities for increasing the resources are considered excellent. The Lemoine project encloses the former producing Lemoine mine from which very high grade massive sulphides have been produced totaling 758,000 tonnes grading 4.2% copper, 9.6% zinc, 4.2 g/t gold and 83 g/t silver (source: Quebec government records). In northwestern Quebec, the projects include Selbaie West and Caribou. Selbaie West encloses the same volcanic package that hosts the former producing Selbaie Mine (53 Mt grading 1.0% Cu, 2.0% Zn, 0.6 g/t Au and 41 g/t Ag) (source: Quebec government records). Recent drilling by Cogitore at Selbaie West led to the discovery of a silver zone grading 174 g/t silver over a core length of 5.4 m with no follow-up ever done on it. The Caribou project is located to the east of Hecla’s Casa Berardi gold mine. It contains a massive sulphide discovery made by Cogitore in 2009 (Caribou discovery) and which yielded high grade massive sulphides over core lengths of up to 2.3 metres. Prospects for possible extensions of the Caribou massive sulphide zone at depth are considered excellent.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates. As a result of the transaction with Cogitore, Yorbeau now owns a portfolio of high grade volcanogenic massive sulphide (VMS) base metal exploration properties located in promising areas in the highly prospective Abitibi Belt of Quebec and Ontario.

More information on the Company may be found on the Company’s website at www.yorbeauresources.com. The raison d’être of Yorbeau is to identify a world class deposit in a major mining camp.

For further information, please contact:

Gerald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montreal, January 6, 2015 - Yorbeau Resources Inc.(the “Company”) (TSX: YRB.A) is pleased to announce that it has completed a non-brokered private placement of 4,210,000 flow-through common shares at a price of $0.08 per share for gross proceeds of $336,800.

The Company will use the proceeds raised from the issue of the flow-through common shares to incur Canadian exploration expenses on its properties.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates.

More information on the Company may be found on the Company’s website at www.yorbeauresources.com. The raison d’être of Yorbeau is to identify a world class gold deposit in a major mining camp.

For further information, please contact:

Gerald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montréal, December 18, 2014 - Yorbeau Resources Inc. (the “Company” or “Yorbeau”) (TSX: YRB.A) is pleased to provide an update on the recent drilling program at the Rouyn project.

The drilling program totaled 3,070 metres in seven holes. Drilling was focused on a 2 kilometre long stretch of the Cadillac break and Piché Group located between the far east boundary of the Astoria deposit and the cross-cutting prolific Smokey Creek structure to which several gold past producers are associated (Stadacona, Senator, Silidor and Elder mines). Historical drilling in this sector has been very limited and restricted to very shallow depths.

The program was targeting gold mineralization associated with the Cadillac Break and the Piché Group at depths ranging from 200 to 400m. Specific objectives of the program included testing the extent of the new gold zone discovered in May 2014 (9.1 g/t Au over 9.0m in hole AS-14-645, press release of July 8, 2014) and two holes testing both the ultramafic rocks of the Piché Group and Timiskaming sediments near the intersection between the Cadillac Break and the Smokey Creek fault. Assay results of the program are tabulated below:

True thickness cannot be measured with any certainty in the above holes but is estimated to be 70% of core length.

Results obtained in AS-14-646 (14.0 g/t Au over 2.0m) and AS-14-647 (2.7 g/t Au over 1.0m) show that mineralization in hole AS-14-645 does extend to the east over a distance of at least 130 metres and that gold mineralization east of the old shaft persists down to 400 metres (see attached longitudinal). Remaining holes have confirmed the presence of the Piché Group and of sporadic gold values over at least 2 kilometres to the east of the Astoria gold zone. In addition, a basaltic member has now been formally identified in the Piché Group east of Astoria. This is a significant finding for future exploration in the sector since, by analogy with the world class Kerr Addison mine located 42 km to the west, such rocks are seen as better potential traps for gold mineralization due to their higher iron content. Encouraging sporadic gold intercepts hosted in sediments of the Timiskaming Group (e.g. 2.7 g/t Au over 1.0 m and 3.5 g/t Au over 1.0m) have also been found in hole AS-14-652 in the vicinity of the Smokey Creek fault. Further work will need to be done to assess the full significance of these intercepts.

Re-logging of historic (1986 and 1995) drill core in the Astoria sector continued throughout the fall and led to the recognition of mineralized zones that had not been previously sampled. Assay results of recent sampling of the old core yielded the following encouraging assays:

Most of the above drill holes are from underground drilling done with highly variable angles and the measured core lengths may not represent true thickness of the mineralized zones. Nevertheless, the above encouraging results definitely support pursuing re-evaluation of historic drill holes.

Finally, outcrops found in the vicinity of the Smokey Creek fault were examined and sampled. In particular, a Timiskaming sediment outcrop well mineralized with sulphides (8% sulphides) returned assays strongly anomalous in gold, ranging up to 0.7 g/t Au. This mineralization is possibly related to the Smokey Creek fault itself and augurs well for a (yet untested) induced polarization anomaly located in a similar environment 350 metres to the south.

Gérald Riverin, P.Geo and president, commented “This first pass of drilling in a previously unexplored area has added well needed technical data that will be integrated into the Company’s database in order to guide follow-up work on the Rouyn property. In particular, we are very pleased with hole AS-14-646 which confirms the local presence of high grade gold mineralization east of Astoria. As our exploration team continues to consolidate the information from this work, we look forward to the next phase of work.”

The qualified person under National Instrument 43-101 is Laurent Hallé, P.Geo., who has reviewed and approved the content of this release.

Samples were analyzed at ALS Chemex Laboratories in Sudbury, Ontario, by fire assay with atomic absorption and gravimetric finish. The sampling and assaying program was subjected to Yorbeau’s QA/QC program that includes inserting blanks and gold standards in batch samples being sent to the assay laboratory.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates.

More informationon the Company may be found on the Company’s website at www.yorbeauresources.com. The raison d’être of Yorbeau is to identify a world class gold deposit in a major mining camp.

For further information, please contact:

Gérald Riverin, Ph.D., P.Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montreal, December 4, 2014 - Yorbeau Resources Inc.(the “Company”) (TSX: YRB.A) is pleased to announce that it has completed a non-brokered private placement of 12,500,000 flow-through common shares at a price of $0.08 per share for gross proceeds of $1,000,000.

At closing, the Company paid a finder’s fee to M Partners Inc. of 7% of the gross proceeds of the private placement and issued finder’s warrants to purchase a total of 875,000 common shares at a price of $0.08 per share exercisable until December 3, 2016.

The Company will use the proceeds raised from the issue of the flow-through common shares to incur Canadian exploration expenses on its properties.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates.

More information on the Company may be found on the Company’s website at www.yorbeauresources.com. The raison d’être of Yorbeau is to identify a world class gold deposit in a major mining camp.

For further information, please contact:

Gerald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montreal, October 30, 2014 - Yorbeau Resources Inc. (TSX:YRB.A) (“Yorbeau” or the “Company”) is pleased to announce that it has received a cash payment of $738,086 from Gold Fields Sudbury Exploration Corp. (“Gold Fields”). This payment is made as a result of Gold Fields’ withdrawal from the Option and Joint Venture Agreement signed with Yorbeau in 2013 (see press release dated June 17, 2014) and represents the shortfall in the $4 million expenditure amount which Gold Fields had committed to incur on the Rouyn property.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6 km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates.

More information on the Company may be found on the Company’s website at www.yorbeauresources.com. The raison d’être of Yorbeau is to identify a world class gold deposit in a major mining camp. 

For further information, please contact:

Gerald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.

Download PDF version   |   Views all documents on Sedar

Montreal, October 21, 2014 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that it has signed a Letter of Intent to purchase from Cogitore Resources Inc. substantially all of Cogitore’s exploration assets in the provinces of Quebec and Ontario. The transaction is expected to close on or about December 22, 2014, once a meeting of Cogitore shareholders has approved the transaction. The consideration to be paid by Yorbeau under the transaction will be 25 million shares which will be subject to the statutory hold period of four (4) months. The completion of the transaction is subject to a number of conditions, including obtaining regulatory approval and approval by the shareholders of Cogitore and completing a satisfactory due diligence. There is no assurance that the transaction will be completed.

The exploration assets to be acquired by Yorbeau consist of seven (7) base metal exploration properties located in the highly prospective Abitibi Belt of Quebec and Ontario, and a core shack and office building located in Chibougamau. Acquisition of these assets, combined with the exploration properties acquired through the recent business combination with Cancor Mines Inc. (see press release of May 29, 2014) will result in Yorbeau becoming a major owner of high quality base metal properties. The properties to be acquired from Cogitore include the Scott and Lemoine base metal projects in the Chibougamau region. Scott already hosts resources, prepared in compliance with NI 43-101, in the inferred category, of 5.4 million tonnes grading 1.2% copper, 4.6% zinc, 0.2 g/t gold and 34 g/t silver. Highly promising exploration targets ready to be drilled have recently been identified at Scott and opportunities for increasing the resources are considered excellent. The Lemoine project encloses the former producing Lemoine mine from which very high grade massive sulphides have been produced totaling 758,000 tonnes grading 4.2% copper, 9.6% zinc, 4.2 g/t gold and 83 g/t silver (source: Quebec government records). In northwestern Quebec, the projects include Selbaie West and Estrades-Caribou. Selbaie West encloses the same volcanic package that hosts the former producing Selbaie Mine (53 Mt grading 1.0% Cu, 2.0% Zn, 0.6 g/t Au and 41 g/t Ag) (source: Quebec government records). Recent drilling by Cogitore at Selbaie West led to the discovery of a silver zone grading 174 g/t silver over a core length of 5.4 m with no follow-up ever done on it. The Estrades-Caribou is located to the east of Hecla’s Casa Berardi gold mine. It contains a massive sulphide discovery made by Cogitore in 2009 (Caribou discovery) and which yielded high grade massive sulphides over core lengths of up to 2.3 metres. Prospects for possible extensions of the Caribou massive sulphide zone at depth are considered excellent.

Detailed exploration plans for the Cogitore projects will be communicated once the transaction is closed.

Mr. Gérald Riverin, who is a director of both Cogitore and Yorbeau, will abstain from voting with respect to this transaction.

About Yorbeau Resources Inc.

The Company's 100% controlled Rouyn Property contains four known gold deposits in the 6 km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the focus of NI 43-101 technical reports that include resource estimates. With this transaction, Yorbeau will also own a portfolio of high quality VMS style base metal exploration properties in prospective areas that also feature infrastructure and a political climate favourable for exploration and mine development. The new properties are all located in the highly prospective Abitibi Belt of Quebec and Ontario.

More information on the Company may be found on the Company's website at www.yorbeauresources.com. The raison d'être of Yorbeau is to identify a world class gold deposit in a major mining camp.

For more information please contact:

Gerald Riverin, PhD., P. Geo
President
Yorbeau Resources Inc.
Tel.: 819-279-1336

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

Forward-looking statements: Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements 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 statements.