Yorbeau Intercepts 5.6 g/t Au Over 6.0 Metres and Increases Mineralized Envelope by 30%
24.01.2013 | Marketwired
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In the coming weeks the technical staff of Yorbeau will devote itself to compiling and interpreting the results from the 2012 drilling program. These results will then be incorporated into a new resource estimate compliant with NI 43-101 which the Company intends to commission in the near future. This resource estimate will comprise the Lake Gamble and Cinderella Zones on the Rouyn Property which cover a strike length of approximately 3 km along the Cadillac Larder Lake Break (CLLB). These new resources will then be added to the known resources on the adjoining Augmitto and Astoria blocks for a global estimate of the ounces of gold contained on the western half of the Rouyn Property. In 2013 Yorbeau intends to continue exploring the numerous gold targets located on the property with an aggressive drilling program. It is expected that the program will also comprise drilling on the 6 km of largely virgin ground straddling the CLLB in the eastern half of the Rouyn Property.
Highlights of the recent drilling include the following assay drill holes:
From To Core
Drill Hole (m) (m) Length (m) Au g/t Zone Remarks
12-GA-597 109.0 110.0 1.0 1.7 Piché
117.0 137.0 20.0 2.6 Piché 73 specks of VG over 20 m
including 120.0 131.0 11.0 4.1 Piché
and 126.0 131.0 5.0 7.4 Piché
182.0 187.5 5.5 0.4 footwall
12-GA-602 298.0 304.0 6.0 5.6 Piché 17 specks of VG over 5 m
including 299.0 300.0 1.0 23.2 Piché
and 302.0 303.0 1.0 7.0 Piché
The locations of the holes are shown on the attached figure:
http://media3.marketwire.com/docs/129Longitudinal_0124.pdf.
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.
The 2012 drilling program comprised a drilling pattern such that the piercing points of the various drill holes are located no more than 100 metres apart. This spacing should permit the estimation of resources in the inferred category under NI 43-101.
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. All samples are analyzed by standard fire assay. Samples returning more than 3 g/t are re-analyzed by fire assay with a gravimetric finish. Yorbeau has implemented a QA/QC program that consists of inserting blanks and gold standards in batch samples being sent to the assay laboratory. Selected pulp samples will also be re-analysed by a different laboratory.
About Yorbeau Resources Inc.
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. Against the backdrop of a market that is steadily more welcoming for gold, Yorbeau is poised to significantly increase the known gold resources on its properties in Northern Quebec.
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.
Contact
David Crevier, President and CEO
Yorbeau Resources Inc.
dcrevier@yorbeauresources.com
514-284-3663
G. Bodnar Jr., Director
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
514-384-2202
Toll free in North America: 1-855-384-2202
www.yorbeauresources.com