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Montreal, March 6, 2014 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company”) is pleased to announce that it has completed a third tranche of its previously announced private placement (see press release dated January 28, 2014) by issuing an additional 1,666,668 units at a price of $0.18 per unit for gross proceeds of $300,000. To date, the Company has raised gross proceeds of $1.5 M under the current financing.

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.

As previously announced, in May of 2013 Yorbeau entered into an option and joint venture agreement with Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited (“Gold Fields”) relating to the Rouyn Property. Under the agreement Gold Fields has a firm commitment to incur $4 M in expenditures on the Property prior to the end of 2014. For more information on the option and joint venture agreement, see the Company’s press releases dated May 22, 2013 and June 26, 2013.

For further information, please contact:

David Crevier
President and CEO 
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com 
Tel: 514-284-3663

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.

rding 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.

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Montréal, March 3, 2014 - A correction from source is being issued with respect to the press release of Yorbeau Resources Inc. that was disseminated on February 28, 2014 at 1:12 pm ET.

Under "Program Highlights" and "Cinderella East Results" of the original release, the drilling result of hole CI-13-620 was reported as "13.0 g/t Au over 5.4 metres" and should read "5.4 g/t Au over 13.0 metres".

The following is a complete and corrected version of the press release.

Yorbeau Resources Inc. (TSX: YRB.A) (the "Company" or "Yorbeau") is pleased to provide an update on the results of the diamond drilling program carried out in 2013 by Gold Fields Sudbury Exploration Corp. ("Gold Fields") on the Company's Rouyn property.

The 2013 program represented the first phase of a $4M exploration commitment made by Gold Fields pursuant to the option and joint venture agreement entered into between Gold Fields and the Company. The 2014 exploration program which is currently under way is budgeted at $2.2M and will consist of approximately 14,000 metres, mostly targeting either the extension at depth of known gold mineralization or potential new zones in the eastern half of the property.

The 2013 drilling program totalled 7,808 metres in 26 drill holes located in the Cinderella, Augmitto and Gamble Lake blocks (see the attached location map). The objective at Cinderella was to check for possible expansion of the known mineralization at depths shallower than 400 metres. Most of the drilling involved stepping out from existing zones. At Augmitto, the objectives were to confirm near surface mineralization below historical exploration trenches and test the potential effect of using different drilling orientations. Finally, at Gamble Lake, the objective was toconfirm mineralization in a new sector developing at depth in the west boundary of the Gamble Lake zone.

PROGRAM HIGHLIGHTS

Highlights of the 2013 program are shown below:

• • Hole CI-13-616: 6.6 g/t Au over 9.0 metres (in the Footwall Zone)
    

    - including 27.1 g/t Au over 1.0 metres

  • Hole CI-13-620: 5.4 g/t Au over 13.0 metres
    

    - including 42.4 g/t Au over 1.0 metres

  • Hole AUG-13-625: 11.4 g/t Au over 5.3 metres
    

    - including 16.6 g/t Au over 3.0 metres

  • Hole AUG-13-627: 7.9 g/t Au over 7.0 metres

 

• Hole GA-13-628: 6.0 g/t Au over 11.3 metres at depth at Lac Gamble Zone
  

  - including 30.4 g/t Au over 1.0 metres

Cinderella Area

A series of 18 holes totalling 5,350 metres was drilled to explore the top 400 metres of the Cinderella Zone, including 7 holes (1,633 m) testing near surface mineralization in the eastern portion of Cinderella. All holes intersected the favourable carbonatized Piché ultramafics, many of which containing visible gold. Significant assay results are shown below:

Hole	from	to	Au (g/t)	Core length (m)	Remarks
CI-13-603	132.8	133.9	1.5	1.1	Piché
CI-13-604	348.9	355.0	1.2	6.1	Piché
	368.4	370.7	1.8	2.3	Piché
	472.4	479.9	0.9	7.4	Footwall
CI-13-605	203.3	207.5	1.4	4.2	Piché
CI-13-606	211.0	213.3	1.4	2.3	Piché
	330.0	332.0	1.0	2.0	Footwall
	336.0	337.3	1.3	1.3	Footwall
CI-13-607	No significant values
CI-13-608	104.4	106.7	0.6	2.3	Piché
	215.0	216.0	1.3	1.0	Footwall
CI-13-609	266.0	267.0	1.6	1.0	Piché
	358.2	368.2	1.6	10.0	Footwall Zone VG
CI-13-610	310.4	314.0	3.9	3.6	Footwall Zone VG
CI-13-611	258.1	270.4	1.0	12.3	Piché , VG+
CI-13-612	Abandoned due to deviation
CI-13-613	267.1	271.1	1.8	4.0	Piché
	308.0	311.0	1.2	3.0	Piché , VG
	335.0	336.0	3.3	1.0	Piché , VG

Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.

While anomalous values were obtained around the previously known mineralized zones at Cinderella, the drilling did not lead to an expansion of the zones. However, the drilling to test near surface mineralization in the eastern portion of Cinderella returned several high grade assays in the vicinity of historical holes 05-S-390 et 05-S-397 which had returned respectively 24.1 g/t Au over 1.5 m and 1.9 g/t Au over 7.1 m. Significant results of the 2013 drilling are shown below.

Cinderella East Results

Hole	from	to	Au (g/t)	Core length (m)	Remarks
CI-13-614	48.9	50.0	6.6	1.2	Piché, VG
	75.0	76.0	12.3	1.0	Piché, VG
	121.8	122.8	1.1	1.0	Footwall Zone
CI-13-615	22.0	26.7	0.6	4.7	Hanging wall
	53.0	57.0	1.1	4.0	Piché, VG
	150.0	151.0	1.0	1.0	Footwall
CI-13-616	341.0	342.0	0.8	1.0	Piché
	423.0	432.0	6.6	9.0	Footwal Zone, VG+++
including	424.0	425.0	27.1	1.0
	428.0	429.0	15.0	1.0
CI-13-617	97.0	99.0	0.5	2.0	Piché
	171.0	172.0	1.4	1.0	Footwall Zone VG
CI-13-618	213.0	216.0	2.0	3.0	Footwall Zone
CI-13-619	190.5	193.5	0.6	3.0	Footwall Zone VG
	206.5	212.0	2.4	5.5	Footwall Zone VG
including	207.5	208.5	7.9	1.0
CI-13-620	61.0	74.0	5.4	13.0	Piché VG+
including	65.4	66.4	42.4	1.0
	74.0	75.0	21.1	1.0
	123.9	124.9	1.4	1.0	Footwall Zone

Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.

Lac Gamble

At Gamble Lake the objective was toconfirm mineralization in a new sector developing at depth near the west boundary of the Gamble Lake zone. This new interesting sector, discovered by Yorbeau with hole 12-GA-593 drilled in late 2012, had intersected 3.7 g/t Au over a core length of 15 metres (press release of December 6, 2012). In 2013, 3 holes totaling 1,168 metres were drilled to follow up on this while hole GA-13-621 (387 m) was drilled in a wide gap between the Cinderella and Gamble Lake zones.Hole GA-13-622 had to be abandoned for excessive deviation. Significant assay results are shown below.

Hole	from	to	Au (g/t)	Core length (m)	Remarks
GA-13-621	287.4	290.4	1.5	3.0	Piché, west of Gamble Lake zone
	353.0	354.0	0.5	1.0	Footwall Zone, VG
GA-13-622	Abandoned due to deviation
GA-13-623	491.0	500.0	0.5	9.0	Piché, VG
GA-13-628	495.7	507.0	6.0	11.3	Piché, VG++++
including	497.8	498.8	30.4	1.0
	503.0	504.0	22.6	1.0

Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.

Results obtained in hole GA-13-628 are considered most encouraging as they support the hypothesis that the Gamble Lake zone remains open to the west at depth. Further drilling by Gold Fields is planned in this sector (press release of January 30, 2014).

Augmitto

During the summer 2013, historical trench #4 was cleaned up and extended to the east in order to observe the Augmitto mineralized zone in the vicinity of drill hole 07-S-442 which had returned a grade of 11.3 g/t Au over a core length of 8.5 m. After detailed mapping of the gold bearing veins and structures at surface, a drill program was carried out with the objectives of confirming near surface mineralization below historical exploration trenches and also to test the potential effect of using different drilling orientations. Significant assay results are shown below.

Hole	from	to	Au (g/t)	Core length (m)	Remarks
AUG-13-624	49.0	57.0	2.7	8.0	Piché, VG++
	69.3	78.0	1.7	8.7	Piché
AUG-13-625	55.7	67.1	11.4	5.3	Piché,VG++
including	57.0	58.0	9.2	1.0
	58.0	59.0	13.3	1.0
	59.0	60.0	27.2	1.0
	85.2	93.2	1.1	7.0	Piché
AUG-13-626	92.0	94.0	1.4	2.0	Piché
	105.0	126.0	2.1	21.0	Piché,VG
including	112.0	116.0	4.1	4.0
	120.0	122.0	6.9	2.0
AUG-13-627	9.8	21.3	2.9	11.5	Piché
	32.0	39.0	7.9	7.0	Piché, VG++
including	35.0	36.0	16.1	1.0
	37.0	38.0	18.4	1.0

During mapping of the trench and detailed core logging, it appeared that two main sets of quartz veins stand out by their abundance of visible gold and the majority of the high grade assays in the above drilling are associated with these two sets. Because of the various drilling orientations designed to better intersect specific vein orientations, the true widths of the above mineralized envelopes may range widely between 25 and 45 % of the measured core lengths. In general, the 2013 drilling below the Augmitto trenches confirmed the previous assay results. With respect to the potential effect of using different drilling orientations, the results are still being evaluated. However, at this time it does not seem warranted to modify the drilling strategy while testing the mineralized envelopes within the Piché formation.

"We are pleased with the drilling results obtained in 2013 and in particular with Gold Fields' strategy focused on diamond drilling. Yorbeau's Rouyn property encloses an impressive number of gold intersections over a very large area and, consequently, a very significant amount of drilling remains to be done in order to unlock the full value of the Rouyn property. Yorbeau's association with Gold Fields is a major step in realizing the required drilling. We remain confident that we are working on a significant gold deposit that ultimately may have to be proved up by underground exploration"says President and CEO David Crevier.

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

Samples are analyzed at ALS Chemex Laboratories in Val d'Or, Quebec and the sampling and assaying program is subjected to Gold Fields' extensive QA/QC program that includes inserting blanks and gold standards in batch samples being sent to the assay laboratory. Samples that contain visible gold are subjected to a strict sampling and assay protocol designed specifically to deal with coarse particle gold.

Gold Fields Sudbury is a wholly-owned subsidiary ofGold Fields Limited, an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. In February 2013 Gold Fields unbundled its KDC and Beatrix mines in South Africa into an independent and separately listed company, Sibanye Gold. In October 2013 Gold Fields acquired Barrick Gold's Granny Smith, Lawlers and Darlot Gold Mines in Western Australia. Gold Fields subsequently has attributable annual production of approximately 2.2 million ounces of gold, managed gold Mineral Reserves of approximately 59 million ounces and managed gold Mineral Resources of approximately 137 million ounces. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).

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.

A recently completed comprehensive report on the Company may be found on the Company's new 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:
David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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, February 28, 2014 - Yorbeau Resources Inc. (TSX: YRB.A) (the "Company" or "Yorbeau") is pleased to provide an update on the results of the diamond drilling program carried out in 2013 by Gold Fields Sudbury Exploration Corp. ("Gold Fields") on the Company's Rouyn property.

The 2013 program represented the first phase of a $4M exploration commitment made by Gold Fields pursuant to the option and joint venture agreement entered into between Gold Fields and the Company. The 2014 exploration program which is currently under way is budgeted at $2.2M and will consist of approximately 14,000 metres, mostly targeting either the extension at depth of known gold mineralization or potential new zones in the eastern half of the property.

The 2013 drilling program totalled 7,808 metres in 26 drill holes located in the Cinderella, Augmitto and Gamble Lake blocks (see the attached location map). The objective at Cinderella was to check for possible expansion of the known mineralization at depths shallower than 400 metres. Most of the drilling involved stepping out from existing zones. At Augmitto, the objectives were to confirm near surface mineralization below historical exploration trenches and test the potential effect of using different drilling orientations. Finally, at Gamble Lake, the objective was toconfirm mineralization in a new sector developing at depth in the west boundary of the Gamble Lake zone.

PROGRAM HIGHLIGHTS

Highlights of the 2013 program are shown below:

• • Hole CI-13-616: 6.6 g/t Au over 9.0 metres (in the Footwall Zone)
    

    - including 27.1 g/t Au over 1.0 metres

  • Hole CI-13-620: 13.0 g/t Au over 5.4 metres
    

    - including 42.4 g/t Au over 1.0 metres

  • Hole AUG-13-625: 11.4 g/t Au over 5.3 metres
    

    - including 16.6 g/t Au over 3.0 metres

  • Hole AUG-13-627: 7.9 g/t Au over 7.0 metres

 

• Hole GA-13-628: 6.0 g/t Au over 11.3 metres at depth at Lac Gamble Zone
  

  - including 30.4 g/t Au over 1.0 metres

Cinderella Area

A series of 18 holes totalling 5,350 metres was drilled to explore the top 400 metres of the Cinderella Zone, including 7 holes (1,633 m) testing near surface mineralization in the eastern portion of Cinderella. All holes intersected the favourable carbonatized Piché ultramafics, many of which containing visible gold. Significant assay results are shown below:

Hole	from	to	Au (g/t)	Core length (m)	Remarks
CI-13-603	132.8	133.9	1.5	1.1	Piché
CI-13-604	348.9	355.0	1.2	6.1	Piché
	368.4	370.7	1.8	2.3	Piché
	472.4	479.9	0.9	7.4	Footwall
CI-13-605	203.3	207.5	1.4	4.2	Piché
CI-13-606	211.0	213.3	1.4	2.3	Piché
	330.0	332.0	1.0	2.0	Footwall
	336.0	337.3	1.3	1.3	Footwall
CI-13-607	No significant values
CI-13-608	104.4	106.7	0.6	2.3	Piché
	215.0	216.0	1.3	1.0	Footwall
CI-13-609	266.0	267.0	1.6	1.0	Piché
	358.2	368.2	1.6	10.0	Footwall Zone VG
CI-13-610	310.4	314.0	3.9	3.6	Footwall Zone VG
CI-13-611	258.1	270.4	1.0	12.3	Piché , VG+
CI-13-612	Abandoned due to deviation
CI-13-613	267.1	271.1	1.8	4.0	Piché
	308.0	311.0	1.2	3.0	Piché , VG
	335.0	336.0	3.3	1.0	Piché , VG

Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.

While anomalous values were obtained around the previously known mineralized zones at Cinderella, the drilling did not lead to an expansion of the zones. However, the drilling to test near surface mineralization in the eastern portion of Cinderella returned several high grade assays in the vicinity of historical holes 05-S-390 et 05-S-397 which had returned respectively 24.1 g/t Au over 1.5 m and 1.9 g/t Au over 7.1 m. Significant results of the 2013 drilling are shown below.

Cinderella East Results

Hole	from	to	Au (g/t)	Core length (m)	Remarks
CI-13-614	48.9	50.0	6.6	1.2	Piché, VG
	75.0	76.0	12.3	1.0	Piché, VG
	121.8	122.8	1.1	1.0	Footwall Zone
CI-13-615	22.0	26.7	0.6	4.7	Hanging wall
	53.0	57.0	1.1	4.0	Piché, VG
	150.0	151.0	1.0	1.0	Footwall
CI-13-616	341.0	342.0	0.8	1.0	Piché
	423.0	432.0	6.6	9.0	Footwal Zone, VG+++
including	424.0	425.0	27.1	1.0
	428.0	429.0	15.0	1.0
CI-13-617	97.0	99.0	0.5	2.0	Piché
	171.0	172.0	1.4	1.0	Footwall Zone VG
CI-13-618	213.0	216.0	2.0	3.0	Footwall Zone
CI-13-619	190.5	193.5	0.6	3.0	Footwall Zone VG
	206.5	212.0	2.4	5.5	Footwall Zone VG
including	207.5	208.5	7.9	1.0
CI-13-620	61.0	74.0	13.0	5.4	Piché VG+
including	65.4	66.4	42.4	1.0
	74.0	75.0	21.1	1.0
	123.9	124.9	1.4	1.0	Footwall Zone

Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.

Lac Gamble

At Gamble Lake the objective was toconfirm mineralization in a new sector developing at depth near the west boundary of the Gamble Lake zone. This new interesting sector, discovered by Yorbeau with hole 12-GA-593 drilled in late 2012, had intersected 3.7 g/t Au over a core length of 15 metres (press release of December 6, 2012). In 2013, 3 holes totaling 1,168 metres were drilled to follow up on this while hole GA-13-621 (387 m) was drilled in a wide gap between the Cinderella and Gamble Lake zones.Hole GA-13-622 had to be abandoned for excessive deviation. Significant assay results are shown below.

Hole	from	to	Au (g/t)	Core length (m)	Remarks
GA-13-621	287.4	290.4	1.5	3.0	Piché, west of Gamble Lake zone
	353.0	354.0	0.5	1.0	Footwall Zone, VG
GA-13-622	Abandoned due to deviation
GA-13-623	491.0	500.0	0.5	9.0	Piché, VG
GA-13-628	495.7	507.0	6.0	11.3	Piché, VG++++
including	497.8	498.8	30.4	1.0
	503.0	504.0	22.6	1.0

Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.

Results obtained in hole GA-13-628 are considered most encouraging as they support the hypothesis that the Gamble Lake zone remains open to the west at depth. Further drilling by Gold Fields is planned in this sector (press release of January 30, 2014).

Augmitto

During the summer 2013, historical trench #4 was cleaned up and extended to the east in order to observe the Augmitto mineralized zone in the vicinity of drill hole 07-S-442 which had returned a grade of 11.3 g/t Au over a core length of 8.5 m. After detailed mapping of the gold bearing veins and structures at surface, a drill program was carried out with the objectives of confirming near surface mineralization below historical exploration trenches and also to test the potential effect of using different drilling orientations. Significant assay results are shown below.

Hole	from	to	Au (g/t)	Core length (m)	Remarks
AUG-13-624	49.0	57.0	2.7	8.0	Piché, VG++
	69.3	78.0	1.7	8.7	Piché
AUG-13-625	55.7	67.1	11.4	5.3	Piché,VG++
including	57.0	58.0	9.2	1.0
	58.0	59.0	13.3	1.0
	59.0	60.0	27.2	1.0
	85.2	93.2	1.1	7.0	Piché
AUG-13-626	92.0	94.0	1.4	2.0	Piché
	105.0	126.0	2.1	21.0	Piché,VG
including	112.0	116.0	4.1	4.0
	120.0	122.0	6.9	2.0
AUG-13-627	9.8	21.3	2.9	11.5	Piché
	32.0	39.0	7.9	7.0	Piché, VG++
including	35.0	36.0	16.1	1.0
	37.0	38.0	18.4	1.0

During mapping of the trench and detailed core logging, it appeared that two main sets of quartz veins stand out by their abundance of visible gold and the majority of the high grade assays in the above drilling are associated with these two sets. Because of the various drilling orientations designed to better intersect specific vein orientations, the true widths of the above mineralized envelopes may range widely between 25 and 45 % of the measured core lengths. In general, the 2013 drilling below the Augmitto trenches confirmed the previous assay results. With respect to the potential effect of using different drilling orientations, the results are still being evaluated. However, at this time it does not seem warranted to modify the drilling strategy while testing the mineralized envelopes within the Piché formation.

"We are pleased with the drilling results obtained in 2013 and in particular with Gold Fields' strategy focused on diamond drilling. Yorbeau's Rouyn property encloses an impressive number of gold intersections over a very large area and, consequently, a very significant amount of drilling remains to be done in order to unlock the full value of the Rouyn property. Yorbeau's association with Gold Fields is a major step in realizing the required drilling. We remain confident that we are working on a significant gold deposit that ultimately may have to be proved up by underground exploration"says President and CEO David Crevier.

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

Samples are analyzed at ALS Chemex Laboratories in Val d'Or, Quebec and the sampling and assaying program is subjected to Gold Fields' extensive QA/QC program that includes inserting blanks and gold standards in batch samples being sent to the assay laboratory. Samples that contain visible gold are subjected to a strict sampling and assay protocol designed specifically to deal with coarse particle gold.

Gold Fields Sudbury is a wholly-owned subsidiary ofGold Fields Limited, an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. In February 2013 Gold Fields unbundled its KDC and Beatrix mines in South Africa into an independent and separately listed company, Sibanye Gold. In October 2013 Gold Fields acquired Barrick Gold's Granny Smith, Lawlers and Darlot Gold Mines in Western Australia. Gold Fields subsequently has attributable annual production of approximately 2.2 million ounces of gold, managed gold Mineral Reserves of approximately 59 million ounces and managed gold Mineral Resources of approximately 137 million ounces. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).

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.

A recently completed comprehensive report on the Company may be found on the Company's new 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:
David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.

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Montreal, Quebec, February 18, 2014 – Yorbeau Resources Inc. (TSX :YRB.A) ("Yorbeau") and Cancor Mines Inc. (CSE: KCR) ("Cancor") are pleased to announce that they have signed a binding merger agreement. Yorbeau and Cancor have agreed to proceed with a business combination by way of a triangular amalgamation pursuant to the provisions of the Canada Business Corporations Act. The amalgamation will effectively combine the assets of both companies on a consolidated basis, with Cancor becoming a wholly-owned subsidiary of Yorbeau.

Under the terms of the merger agreement between Yorbeau and Cancor, shareholders of Cancor will exchange their issued common shares for units of Yorbeau, on the basis of 1 unit of Yorbeau for each 12 shares of Cancor held. Each Yorbeau unit consists of one common share of Yorbeau (a “Common Share”) and one half of one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.30 until December 31, 2015, provided that if the closing price of the Common Shares on the Toronto Stock Exchange is equal to or greater than $0.45 for 20 consecutive trading days, Yorbeau will be entitled to accelerate the expiry date of the Warrants to a date ending 30 days from the date notice of such acceleration is given to the warrantholders.

There are currently 98,181,989 shares of Cancor outstanding. Accordingly the terms of the merger provide for the issue by Yorbeau of 8,181,832 units consisting of 8,181,832 Common shares and 4,090,916 Warrants.The completion of the transaction is subject to standard commercial conditions including regulatory approval and approval by the common shareholders of Cancor. The transaction is scheduled to close in the second quarter of 2014.

A special general meeting of Cancor shareholders will be held early in the second quarter of 2014 to approve the merger. Cancor shareholders will receive an Information Circular setting out further details of the proposed transaction; the Information Circular will also be filed and made available on SEDAR (www.sedar.com).

On behalf of the Boards of Directors:

David Crevier, President and Chief Executive Officer, Yorbeau Resources Inc.
Tel: 514-284-3663

Kamil Khobzi, President and Chief Executive Officer, Cancor Mines Inc.
Tel: 514-849-3013

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Montreal, February 14, 2014-Yorbeau Resources Inc. (TSX: YRB.A) (the “Company”) is pleased to announce that it has completed a second tranche of its previously announced private placement (see press release dated January 28, 2014) by issuing an additional 1,111,112 units at a price of $0.18 per unit for gross proceeds of $200,000. To date, the Company has raised gross proceeds of $1.2 M under the current financing.

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.

As previously announced, in May of 2013 Yorbeau entered into an option and joint venture agreement with Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited (“Gold Fields”) relating to the Rouyn Property. Under the agreement Gold Fields has a firm commitment to incur $4 M in expenditures on the Property prior to the end of 2014. For more information on the option and joint venture agreement, see the Company’s press releases dated May 22, 2013 and June 26, 2013.

For further information, please contact:
David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.

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Montréal, January 30, 2014 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that the 2014 exploration program is now underway at the Rouyn project with one drill rig operating on the Augmitto block. A second rig will be added shortly.

The current program is being undertaken pursuant to the option and joint venture agreement entered into between Gold Fields Sudbury Exploration Corp. and the Company announced in May 2013 and represents the balance of a $4M exploration commitment made by Gold Fields Sudbury representing the required expenditure for the first 18 months. This is part of the $19 million over 4.5 year commitment required to earn a 51% JV interest in the project.

The program, which is being carried out by Gold Fields Sudbury Exploration Corp., will consist mostly of surface diamond drilling and completion of a high resolution magnetic survey initiated in 2013. The exploration program is budgeted at $2.2M and will consist of approximately 14,000 metres, mostly targeting either the extension at depth of known gold mineralization or potential new zones in the eastern half of the property. The drilling for extension at depth of known mineralization will be focused on the Augmitto, Gamble Lake and Astoria blocks. More specifically, additional follow-up drilling will be done at Gamble Lake to further define a new sector developing at depth in the west boundary of the Gamble Lake zone. This is where hole 12-GA-593 had intersected 3.7 g/t Au over a core length of 15 metres (press release of December 6, 2012) and where recent drilling by Gold Fields returned 6.03 g/t Au over 11.3 metres.

A number of targets will also be tested at shallow depth in the eastern half of the property, which still remains largely underexplored in spite of the presence of the Cadillac Larder Lake Break (CLLB) and favorable host rocks as well as gold intercepts in historical shallow drilling. In particular, a sector where the CLLB is cross-cut by the northwest trending Smokey Creek fault is considered to be an area with high potential.

Gold Fields Sudbury is a wholly-owned subsidiary of Gold Fields Limited, an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. In October 2013 Gold Fields acquired Barrick's Granny Smith, Lawlers and Darlot Gold Mines in Western Australia. Gold Fields subsequently has attributable gold-equivalent annual production of approximately 2.2 million ounces, Mineral Reserves of approximately 60 million ounces and Mineral Resources of approximately 158 million ounces. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).

For more information on the option and joint venture agreement entered into between Yorbeau and Gold Fields Sudbury, see press releases dated May 22, 2013 and June 26, 2013.

The qualified person under National Instrument 43-101 is Laurent Hallé, P.Geo., who 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.

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:

David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.

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Montreal, January 28, 2014- Yorbeau Resources Inc. (TSX: YRB.A) (the “Company”) is pleased to announce that the Company has closed a non-brokered private placement financing of $1 M representing the first tranche of an equity financing of up to $2 M. Under this first tranche, the Company issued a total of 5,555,556 units at a price of $0.18 per unit for gross proceeds of $1 M. Each unit consists of one common share of the Company (a “Common Share”) and one half of one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.30 until December 31, 2015, provided that if the closing price of the Common Shares on the Toronto Stock Exchange is equal to or greater than $0.45 for 20 consecutive trading days, the Company will be entitled to accelerate the expiry date of the Warrants to a date ending 30 days from the date notice of such acceleration is given to the warrantholders.

The Company has agreed to pay a finder’s fee on certain subscriptions up to 5% of the gross proceeds raised and issue a number of warrants (“Finder’s Warrants”) up to 5% of the number of units sold. Each Finder’s Warrant will be exercisable for one Common Share at a price of $0.30 and will expire on December 31, 2015, subject to the same terms as the Warrants with respect to the acceleration of the expiry date.

Proceeds from the offering will be used primarily to retire outstanding indebtedness of the Company and to provide working capital.

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.

As previously announced, in May of 2013 Yorbeau entered into an option and joint venture agreement with Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited (“Gold Fields”) relating to the Rouyn Property. Under the agreement Gold Fields has a firm commitment to incur $4 M in expenditures on the Property prior to the end of 2014. For more information on the option and joint venture agreement, see the Company’s press releases dated May 22, 2013 and June 26, 2013.

For further information, please contact:

David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.

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Montréal, October 29, 2013 - Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to provide an update on the exploration program currently being undertaken by Gold Fields Sudbury Exploration Corp. on the Company’s Rouyn property. The program consists of a two phase diamond drill program, a detailed geophysical magnetic survey and a trenching program.

On July 15, a drill rig was mobilized to begin Phase 1 of the drilling program. The program will drill approximately 11,000m and target the main mineralized trend. The primary goal of the program is to define the orientation of Au mineralization to better understand the geometry of the deposits. Targets within the corridor are located in the Augmitto, Cinderella, Lac Gamble and Astoria zones. Drilling at the historic Astoria deposit will be the first in approximately 20 years.

To date the program has completed 20 drill holes for a total of 5,777 meters. Drilling has encountered strongly altered zones and frequently visible gold. Assay results will be published once Gold Fields Sudbury has completed QAQC on the analyses. The drill rig is now located on the Lac Gamble Block where it will test mineralization intercepted in previous drill campaigns.

A 200 line kilometer ground magnetic survey was proposed for the months of July and August. To date a total of 136 line kilometres with 50 meter spacing has been completed. Coverage over the main mineralized corridor has been completed and plans to complete the eastern portion remain a priority. The survey is currently being used to interpret structures to control and offset gold mineralization in the Piché Group.

Additional work consisting of stripping and expanding trench 4 on the Augmitto Block was recently completed. A strongly altered zone thought to be related to high grade mineralization observed in historic drilling (07-S-442=11.3g/t Au over 8.5m) was exposed during the trenching exercise. A mapping exercise of the exposed gold bearing veins will be incorporated into future drill hole planning in the immediate vicinity.

Gold Fields Sudbury is a wholly-owned subsidiary of Gold Fields Limited, an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. In February 2013 Gold Fields unbundled its KDC and Beatrix mines in South Africa into an independent and separately listed company, Sibanye Gold. In October 2013 Gold Fields acquired Barrick's Granny Smith, Lawlers and Darlot Gold Mines in Western Australia.Gold Fields subsequently has attributable gold-equivalent annual production of approximately 2.2 million ounces, Mineral Reserves of approximately 60 million ounces and Mineral Resources of approximately 158 million ounces. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).

For more information on the option and joint venture agreement entered into between Yorbeau and Gold Fields Sudbury, see press releases dated May 22, 2013 and June 26, 2013.

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.

A recently completed comprehensive report on the Company may be found on the Company’s new 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:

David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.

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Montréal, July 22, 2013 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited (“Gold Fields”), has commenced an exploration campaign on the Rouyn property in Quebec, Canada. The campaign will include a 2 phase drilling programme. Phase I will comprise 11,000m of drilling on the Cinderella, Augmitto, Lac Gamble and Astoria Blocks with a focus on expanding the known mineralized zones at depth along structural trends identified from Yorbeau’s extensive drilling carried out over the last few years. Phase I has begun with the first of seven holes totalling 2,000m to be drilled on the Cinderella Block, which hosted a significant new discovery in 2009. Phase II will comprise 8,000m of exploration drilling on the eastern portion of the Property. The exploration campaign will also comprise geophysical surveys and geochemical soil sampling.

 

This exploration programme is being carried out pursuant to the option and joint venture agreement with Gold Fields Sudbury Exploration Corp. The effective Commencement Date under the option and joint venture agreement is June 26, 2013.

Gold Fields will manage all field work during the option period. A steering committee consisting of one representative of each of Gold Fields and the Company has been formed to oversee the exploration work and review the work program, and the committee has approved a budget of $1.9M for the balance of this calendar year. Once Gold Fields exercises its option, it will be the operator of the resulting joint venture.

As previously announced, Gold Fields has the option to earn a 51% interest in the Company’s 100% held Rouyn Property (“Property”). In order to exercise the option and vest the 51% interest, Gold Fields is required to fund $19 million in exploration and development expenditures, which includes a cash pre-payment of $1 million to Yorbeau in respect of services and equipment to be provided to Gold Fields by the Company. Gold Fields is also required to participate in three private placements for securities of Yorbeau with the cost ranging from at least $3 million up to a maximum of $6 million. Upon vesting a 51% interest in the Property, Gold Fields has a further option to increase its interest to 70% by spending an additional $15 million over three years after the initial term.

In recognition of the value of the infrastructure currently existing on the Property, the agreement also requires Gold Fields to provide the Company with a credit of $40 million in lieu of Yorbeau’s future contributions to the joint venture.

The 51% option has various milestones over a period of 4.5 years from the Commencement Date, which may be accelerated at the option of Gold Fields. These milestones include a firm commitment by Gold Fields to spend $4 million within the first 18 months with additional expenditures to be incurred at the rate of $5 million per annum for an aggregate expenditure of $19 million. The $4 million commitment includes a cash pre-payment of $1 million to be paid in two equal instalments; the first on Commencement Date and the second nine months later.

With regard to the private placements, Gold Fields will subscribe for units of the Company, each unit to consist of one common share and one-half of a purchase warrant, the units to be priced at the greater of $0.30 or a 10% premium to market. Each whole purchase warrant will entitle Gold Fields to acquire an additional common share at an exercise price equal to 110% of the unit cost. The first of the private placements is to occur 30 months after Commencement Date, with additional placements to occur thereafter on an annual basis.

About Gold Fields Limited

Gold Fields is a large unhedged producer of gold with attributable annual production of approximately 2 million gold ounces from six operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility. Gold Fields has total attributable gold Mineral Reserves of 54.9 million ounces and Mineral Resources of 125.5 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). For more information visit the company’s website at www.goldfields.co.za.

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.

A recently completed comprehensive report on the Company may be found on the Company’s new 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:

David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.

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Montréal, June 26, 2013 - Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that the option and joint venture agreement with Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited (“Gold Fields”), commenced on June 26, 2013. As announced on May 22, 2013, Yorbeau and Gold Fields entered into an agreement relating to the Rouyn Property subject to various conditions, including completion by Gold Fields of its due diligence investigation. Gold Fields has advised Yorbeau that it has completed the due diligence investigation and that all conditions under the agreement have now been satisfied with an effective Commencement Date under the agreement of June 26, 2013.

As previously announced, Gold Fields has the option to earn a 51% interest in the Company’s 100% held Rouyn Property (“Property”) in Quebec, Canada. In order to exercise the option and vest the 51% interest, Gold Fields is required to fund $19 million in exploration and development expenditures, which includes a cash pre-payment of $1 million to Yorbeau in respect of services and equipment to be provided to Gold Fields by the Company. Gold Fields is also required to participate in three private placements for securities of Yorbeau with the cost ranging from at least $3 million up to a maximum of $6 million. Upon vesting a 51% interest in the Property, Gold Fields has a further option to increase its interest to 70% by spending an additional $15 million over three years after the initial term.

In recognition of the value of the infrastructure currently existing on the Property, the agreement also requires Gold Fields to provide the Company with a credit of $40 million in lieu of Yorbeau’s future contributions to the joint venture.

The 51% option has various milestones over a period of 4.5 years from the Commencement Date, which may be accelerated at the option of Gold Fields. These milestones include a firm commitment by Gold Fields to spend $4 million within the first 18 months with additional expenditures to be incurred at the rate of $5 million per annum for an aggregate expenditure of $19 million. The $4 million commitment includes a cash pre-payment of $1 million to be paid in two equal instalments; the first on Commencement Date and the second nine months later.

With regard to the private placements, Gold Fields will subscribe for units of the Company, each unit to consist of one common share and one-half of a purchase warrant, the units to be priced at the greater of $0.30 or a 10% premium to market. Each whole purchase warrant will entitle Gold Fields to acquire an additional common share at an exercise price equal to 110% of the unit cost. The first of the private placements is to occur 30 months after Commencement Date, with additional placements to occur thereafter on an annual basis.

Gold Fields will manage all field work during the option period. A steering committee consisting of one representative each of Gold Fields and the Company will be formed to oversee the exploration work and review the work program during this period. Once Gold Fields exercises its option, it will be the operator of the resulting joint venture.

About Gold Fields Limited

Gold Fields is a large unhedged producer of gold with attributable annual production of approximately 2 million gold ounces from six operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility. Gold Fields has total attributable gold Mineral Reserves of 54.9 million ounces and Mineral Resources of 125.5 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). For more information visit the company’s website at www.goldfields.co.za.

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.

A recently completed comprehensive report on the Company may be found on the Company’s new 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:

David Crevier
President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
Tel: 514-284-3663

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.