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MONTRÉAL, March 19, 2020 - Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") is pleased to announce that a geophysical survey was completed on the Company's Beschefer property located in northwestern Quebec, approximately 140 kilometers northeast of the town of La Sarre and 190 kilometres west of Matagami. The property is easily accessible via public and forestry roads that provide access to the former Selbaie Mine located approximately 10 kilometres to the northwest (Figure 1).

Figure 1. Location map of Yorbeau's projects, Quebec, including Beschefer property.

During February 2020, Abitibi-Géophysique, using their OreVision technology, completed a 7.6 kilometer induced polarization (I.P) survey. The objective was to confirm and refine some I.P anomalies outlined by Billiton Canada in 1997 on the northern part of the property. The 2020 survey was designed to test the presence of chargeability anomalies close to the Brouillan pluton where the extension of B14 fault is interpreted (Figure 2). B14 fault is known for hosting gold mineralization and particularly the B14 gold zone, where highest grade intersections included: 55.63 g/t Au over 5.57 meters and 13.07 g/t Au over 8.75 meters (please refer to the Wallbridge website). The results of the I.P survey show an E-W axes with weak chargeability highs located along the B14 fault projection on Yorbeau's Beschefer property (Figure 3). Furthermore, in March 2020, six new claims were acquired in order to fully cover theses anomalies located in the northern part of the property.

Importantly, the B14 gold zone shows a relatively flat dip to the south and consequently, the extension at depth could occur on Yorbeau's Beschefer property. Yorbeau's technical team is compiling data to refine a geological model and to target areas with the best gold potential.

G. Bodnar Jr., Company president commented: "So far, the Beschefer property has been explored by Yorbeau mostly for base metals along the B26 horizon. We are excited that recent work in the region indicates an excellent potential for gold, and our focus will now be to explore potential B14 extensions on Yorbeau's claims".

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.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company's main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

Forward-looking statements: Except for statement of historical fact, all statements in this news release, including without limitation regarding the prospects of the KB project, drilling results, 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

Sylvain Lépine, M.Sc, P. Geo
General Manager Exploration
Yorbeau Resources Inc.
slepine@yorbeauresources.com
Tel: 819-277-0577

Figure 2. Compilation map showing the 2020 grid and untested I.P anomalies located along the interpreted west extension of B14 fault.

Figure 3. I.P interpretation of line 64+00E.

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Highlights

• Yorbeau confirms historical grade and thickness of Icon showing with: 1.4 metres of 0.9% copper, 10.5% zinc, 0.1 g/t gold and 34 g/t silver.
• Borehole geophysics modeling shows a strongly conductive plate located along KB horizon at 200m depth East of the Icon showing (target #1).
• Discovery of a new prospective horizon (KB south horizon) where an off-hole geophysical conductor has been modelized (target #2).
• New geological interpretation suggests that the KB horizon is shifted to the North and has not been tested on the eastern part of the property, where untested VTEM anomalies are located (target #3).

MONTREAL, Feb. 27, 2020 - Yorbeau Resources Inc. (TSX: YRB) ("Yorbeau" or the "Company") is pleased to announce results of 2019 diamond drilling and borehole geophysics program that deliver new high priority targets at its KB project in the Chibougamau area of Quebec.

During November 2019, eight (8) diamond drilling holes were drilled for a total of 1475m. The objective was to test strong VTEM geophysical anomalies located along the interpreted KB horizon in which the Icon showing is located.

The 2019 drilling data compilation led to a better understanding of stratigraphy and particularly the location of the KB prospective horizon. New geological interpretation indicates the presence of a NNE trending fault. This fault shifts the overall stratigraphy by approximately 230m to the North-East and consequently, the KB horizon has not been tested East of this fault where VTEM anomalies are located (Figure 2).

Target #1

Hole KB-02 was drilled 25m below the Icon showing to better understand the geometry, stratigraphy and confirms historical grades obtained by Icon Sullivan in 1967. KB-02 intersected 1.4m of massive sulfides grading 0.9% Cu, 10.5% Zn, 0.1 g/t Au and 34 g/t Ag. Borehole geophysics modeling shows a 150m by 300m strongly conductive plate located along the KB horizon at a 200m depth East of the Icon showing (Figure 3).

Target #2

Hole KB-05 intercepted another prospective horizon located 100m south of KB horizon, returning 2.8% Cu, 1.3% Zn, 0.3 g/t Au and 30 g/t Ag over 0.2 m. This new horizon, called KB south, corresponds to a semi-massive sulfides zone hosted by an intermediate bedded tuff. Mineralization is open to the east where a borehole geophysical plate has been modelized.

Target #3

This target corresponds to the eastern part of the KB horizon that has been shifted by the fault and where several untested VTEM anomalies are located.

Significant assay results are shown below:

DDH	From (m)	To (m)	Length (m)	Cu %	Zn %	Au g/t	Ag g/t	Remarks
KB-02	34.4	35.8	1.4	0.9	10.5	0.1	34	massive sulphides (Icon Showing on KB horizon)
KB-05	49.5	49.7	0.2	2.8	1.3	0.3	30	semi-massive sulfides (KB south horizon)

G. Bodnar Jr., President of the Company, commented: "We are very pleased with the first drilling program on KB that outlined some exciting new targets at relatively shallow depth. These new targets are high priorities and drilling is anticipated to begin in May 2020."

Quality control

All drill cores discussed in this press release were logged and marked up for assay at the Company's secure facility in Chibougamau, Quebec. Drill cores selected for assay were split in half. Half of each core was shipped in sample bags to Techni-Lab S.G.B. Abitibi Inc. (ACTLABS) of Ste-Germaine-Boulé, Quebec, with appropriate standards, duplicates and replicates used for quality control purposes. The other half of each core was 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.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company's main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

Forward-looking statements: Except for statement of historical fact, all statements in this news release, including without limitation regarding the prospects of the KB project, drilling results, 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

Sylvain Lépine, M.Sc, P. Geo
General Manager Exploration
Yorbeau Resources Inc.
slepine@yorbeauresources.com
Tel: 819-277-0577

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

Figure 1. Location map of Yorbeau’s projects in the Chibougamau camp, Quebec, including KB property.

Figure 2. KB geological map showing localisation of Target #1, #2 and #3.

Figure 3. Longitudinal of KB horizon (looking north) with target#1.

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MONTREAL, Feb. 25, 2020 - Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") today announces that Terry Kocisko, Interim Chief Executive Officer of the Company, has tendered his resignation as Interim Chief Executive Officer of the Company, effective as of the date hereof. Mr. Kocisko will remain with Yorbeau as a director of the board of the Company.

The Company would like to thank Mr. Kocisko for his leadership and contributions during the Company's search for a permanent successor.

About Yorbeau Resources Inc.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company's main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

G. Bodnar Jr.
Vice-President, Chief Financial Officer
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, including, without limitation, statements regarding the management succession planning of the Company, 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

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MONTREAL, Jan. 20, 2020 - Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") today announces that Gérald Riverin, President of the Company, has announced his intention to retire from his management duties at the Company, effective as of January 31, 2020. Mr. Riverin will remain with Yorbeau as a director of the board of the Company.

All of whom worked with Mr. Riverin at the Company would like to thank him for his efforts and his dedication during his tenure as President.

Mr. Georges Bodnar Jr., currently Vice-President and Chief Financial Officer, will assume the position of President upon Mr. Riverin's departure, in addition to maintaining his position as Chief Financial Officer.

"We are very grateful to Gérald for his contributions to Yorbeau over the past years," commented Terry Kocisko, Interim Chief Executive Officer. "He has played an important role in the exploration of the Company's properties and we wish him all the best in his well-deserved upcoming retirement."

About Yorbeau Resources Inc.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company's main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

G. Bodnar Jr.
Vice-President, Chief Financial Officer
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, including, without limitation, statements regarding the management succession planning of the Company, 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

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Montreal, January 14, 2020 – Yorbeau Resources Inc. (TSX: YRB) ("Yorbeau" or the "Company") is pleased to announce that diamond drilling has commenced at its Rouyn property with its partner IAMGOLD Corporation ("IAMGOLD"). The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in Yorbeau’s Rouyn property in Quebec, Canada.

In accordance with the agreement, an initial cash payment in the amount of $1,000,000 and an interim payment of $500,000 were made by IAMGOLD to Yorbeau (press release of December 11, 2019). In order to earn the purchase option, IAMGOLD must make cumulative cash payments of C$4 million and fund C$9 million dollars of exploration expenditures over a 4-year period, including no less than 20,000 metres of diamond drilling within the first two years. A total of 19,966 metres were already drilled within the first year of the agreement.

The Rouyn Property is located about 4 km south of Rouyn-Noranda, Quebec. With a long history of mining, the city of Rouyn-Noranda offers many advantages for mining exploration, including political and social stability, good access and infrastructure, skilled mining personnel, and one of the most mining-friendly jurisdictions in the world. The Rouyn Property covers a 12-kilometre stretch of the Cadillac-Larder Lake Break. The Astoria deposit already benefits from significant underground infrastructure including a 515 metre deep shaft and over 5 kilometres of lateral workings.

Two drill rigs have now mobilized to the property and a program of approximately 14,000 metres is planned. The initial focus of the program will be on the Lac Gamble zone with the objectives of converting exploration potential to mineral resources and of testing the possible extension of the zone to the west. The Lac Gamble zone remains indeed open to the west as indicated by the 2019 drilling program (press release of July 31, 2019).

Gérald Riverin, Company president commented: “We are most happy to see the drills turning again at the Rouyn property and pleased to be working with the IAMGOLD team. Continuing on with more drilling no doubt reflects the confidence of our partner IAMGOLD in the potential of the Rouyn project. The drilling program was established by IAMGOLD in close cooperation with the Yorbeau staff, and we are looking forward to forthcoming results.”

Work at Yorbeau is carried out under the supervision of Gérald Riverin, Ph.D., P. Geo. He is a qualified person (as defined by NI 43-101) and has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

The Rouyn Property, wholly-owned by the Company, contains four known gold deposits in the 6km long Augmitto-Astoria corridor situated on the western portion of the property. Two of the four deposits, Astoria and Augmitto, benefit from substantial underground infrastructure and have been the subject of technical reports that include resource estimates and that were filed in accordance with Regulation 43-101. In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that feature an infrastructure favourable for mining development. The newly acquired base metal properties include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

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

G. Bodnar Jr.
Vice-President, Chief Financial Officer
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 cash payments to be made by IAMGOLD and future plans and objectives are forwardlooking 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

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MONTREAL, Dec. 31, 2019 - Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") is pleased to announce that it has completed a private placement (the "Private Placement") by issuing 14,060,000 Class A common shares at a price of $0.05 per share for gross proceeds of $703,000.00. The Company paid a finder's fee and a brokerage commission totaling 7% with respect to a portion of the Private Placement representing $300,000.00.

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

Four insiders subscribed for a total of 1,260,000 Class A common shares having an aggregate subscription price of $63,000.00. As insiders of the Company participated in the Private Placement, it is deemed to be a "related party transaction" as defined under Multilateral Instrument 61-101—Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(a) and 5.7(a)) as neither the fair market value of the Class A common shares distributed to, nor the consideration received from, interested parties exceeded 25% of the Company's market capitalization. The Company did not file a material change report at least 21 days prior to the closing of the Private Placement as participation of the insiders had not been confirmed at that time.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.

About Yorbeau Resources Inc.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company's main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, PhD, P. Geo
President, Yorbeau Resources Inc.
Yorbeau Resources Inc.
griverin@yorbeauresources.com

G. Bodnar Jr.
Vice-President, Chief Financial Officer
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com

Tel: 819-279-1336Tel: 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, including, without limitation, statements regarding the use of proceeds of the Private Placement 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

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MONTREAL, Dec. 20, 2019 - Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") today announces that Amit Gupta, Chief Executive Officer and Chairman of the Board of the Company, has tendered his resignation as Chief Executive Officer, effective the date hereof. Mr. Gupta will remain with Yorbeau as a director and Chairman of the Board.

The Company would like to thank Mr. Gupta for his leadership and contributions.

The Company has commenced a formal search for a new Chief Executive Officer and expects to announce a permanent successor in the near future. In the interim, Terry Kocisko, director, will assume the position of Interim Chief Executive Officer.

About Yorbeau Resources Inc.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company's main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, PhD, P. Geo
President, Yorbeau Resources Inc.
Yorbeau Resources Inc.
griverin@yorbeauresources.com

G. Bodnar Jr.
Vice-President, Chief Financial Officer
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com

Tel: 819-279-1336Tel: 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, including, without limitation, statements regarding the management succession planning of the Company, 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

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Montreal, December 11, 2019 – Yorbeau Resources Inc. (TSX: YRB) ("Yorbeau" or the "Company") is pleased to announce that in order to maintain its option to purchase a 100% interest in the Rouyn property, IAMGOLD Corporation ("IAMGOLD") has made a cash payment to Yorbeau in the amount of $500,000 corresponding to the first of a series of interim cash payments to be made to Yorbeau during an Expenditure Period of 48 months.

The terms of the definitive option agreement were announced in the Company's press release dated December 17, 2018. Among other commitments, IAMGOLD must make interim cash payments in an aggregate amount of C$3 million during the Expenditure Period, and incur minimum exploration expenditures of C$2 million in each 12month period of the Expenditure Period. IAMGOLD has largely met its obligation to incur a minimum of C$2 million of exploration expenditures on the property in the first year. Moreover, the exploration work done within the first year included drilling of 19,966 metres in 66 holes on the Lac Gamble and Astoria zones, while the agreement allowed in fact two years to drill 20,000 metres. The assay results for the latest Astoria drilling are still pending and will be reported once they are received, validated and compiled.

Gérald Riverin, Company president commented: "The receipt of this cash payment marks an important step as it maintains the option agreement for a second year exploration program at the Rouyn property and reflects the confidence of our partner IAMGOLD in the potential of the project. We are looking forward to initiating the next drilling program in the coming weeks."

About the Rouyn Gold Project

The Rouyn Gold Property is located about 4 km south of Rouyn-Noranda, Quebec. With a long history of mining, the city of Rouyn-Noranda offers many advantages for mining and exploration, including political and social stability, good access and infrastructure, skilled mining personnel, and one of the most mining-friendly jurisdictions in the world.

The property covers a 12-kilometre stretch of the Cadillac-Larder Lake Break and contains four known gold deposits along the 6-km Augmitto-Astoria corridor situated on the western portion of the property. Two of the four deposits, Astoria and Augmitto, benefit from established underground infrastructure and have been the subject of technical reports that include resource estimates that were previously filed in accordance with Regulation NI 43-101.

The Lac Gamble zone is located between the Augmito and the Astoria deposits. The exploration target potential at Lac Gamble is interpreted to be between 400,000 and 600,000 ounces of gold at a grade between 7.0 and 8.5 g/t Au. The potential quantity and grade of the exploration targets referred to are conceptual in nature and insufficient exploration work has been completed to define a mineral resource. The property may require significant future exploration to advance to a resource stage and there can be no certainty that the exploration target will result in a mineral resource being delineated.  The exploration targets are consistent with similar deposits in the area, deposit models or derived from initial drilling results.

About Yorbeau Resources Inc.

The Rouyn Property, wholly-owned by the Company, contains four known gold deposits in the 6kmlong Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, and a major drilling program is underway. Two of the four deposits, Astoria and Augmitto, benefit from substantial underground infrastructure and have been the subject of technical reports that include resource estimates and that were filed in accordance with Regulation 43-101. In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec that feature infrastructure favourable for mining development. The newly acquired base metal properties include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, PhD, P. Geo
President, Yorbeau Resources Inc.
Yorbeau Resources Inc.
griverin@yorbeauresources.com

G. Bodnar Jr.
Vice-President, Chief Financial Officer
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com

Tel: 819-279-1336Tel: 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, including without limitation, regarding the prospects of the KB project, drilling results, future plans and objectives are forwardlooking 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.

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Montreal, October 29, 2019 – Yorbeau Resources Inc. (TSX: YRB) ("Yorbeau" or the "Company") is pleased to announce that diamond drilling has commenced at its KB project in the Chibougamau area of Quebec.

The KB project is highly prospective for zinc and copper due to the presence of an historic high grade prospect associated with a massive sulphide stratigraphic horizon hosted within mafic and felsic volcanics. The property appears to have a geological setting similar to that found at the past producing high grade Lemoine mine and at Yorbeau’s Scott project, including high grade VMS-style mineralization, presence of felsic tuffs, and potential for high synvolcanic heat flow resulting from the proximity of the Lac Doré (synvolcanic) Complex (Figure 1).

According to Government files, historical drilling done by Icon Sullivan in 1965 yielded up to 1.9% copper and 11.0% zinc over a core length of 1.0 metre of massive sulphides.  Since acquisition of the project in late 2017, the Company completed an airborne VTEM electromagnetic survey which identified numerous conductors, including a 2 km long strong conductor which coincides locally with the main showing. Detailed mapping was done around the conductors in order to select drill targets. Yorbeau’s technical team considers that the quality of the conductors, combined with their geological setting, makes them high priority exploration targets.

One drill rig is currently in operation on the project and nine short drill holes totalling about 1,600 metres are planned along a conductive zone that covers over 1.5 km of strike length.

Gérald Riverin, Company president commented: “We are very excited to be drilling again in the Chibougamau camp. With the Scott project hosting important zinc and copper resources, base metal prospects in the Chibougamau mining camp with features similar to the Scott mineralization become strategic for the Company. In spite of local high grade zinc mineralization at surface, the KB project had never been drilled below 150 metres vertical, and has yet to be explored using modern volcanogenic massive sulphides concepts. Our technical team has developed considerable expertise in this type of mineralization in the Chibougamau Camp, and the Company is looking forward to completing a first drilling program on this project.”

Work at Yorbeau is carried out under the supervision of Gérald Riverin, Ph.D., P. Geo. He is a qualified person (as defined by NI 43-101) and has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

Yorbeau Resources is a diversified mining exploration company with an enviable portfolio of exploration properties in Quebec. The exploration projects comprise both gold and base metal projects, and the strategic focus of the Company is on projects located in areas easily accessible and with infrastructure. The wholly-owned Rouyn Property is the Company’s main gold asset and contains four known gold deposits in the 6 km long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Rouyn property, where very encouraging drilling results were obtained in 2019. The base metal assets include the Scott Project, which bears important mineral resources (see the press release dated March 30, 2017) and on which a positive Preliminary Economic Assessment was recently completed.

For additional information on the Company, consult its website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, PhD, P. Geo
President, Yorbeau Resources Inc.
Yorbeau Resources Inc.
griverin@yorbeauresources.com

G. Bodnar Jr.
Vice-President, Chief Financial Officer
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com

Tel: 819-279-1336Tel: 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, including without limitation, regarding the prospects of the KB project, drilling results, future plans and objectives are forwardlooking 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.