Yorbeau Resources Inc. is pleased to announce the completion of a downhole geophysical survey in hole LEM-66W2 and resumes drilling at its Lemoine project in the Chibougamau area of Quebec . The Lemoine Mine is located 25 km south of Chibougamau and produced 0.76 Mt of high-grade massive sulphide ore from 1975 to 1983. With its 4.2% Cu, 9.6% Zn [...]
Yorbeau Resources Inc. is pleased to provide an update of the current diamond drilling program at its Lemoine project in the Chibougamau area of Quebec . The Lemoine Mine is located 25 km south of Chibougamau and produced 0.76 Mt of high-grade massive sulphide ore from 1975 to 1983. With its 4.2% Cu, 9.6% Zn, 4.2 g/t Au and 83 g/t Ag, Lemoine is [...]
Yorbeau Resources Inc. is pleased to announce that in order to maintain its option to purchase a 100% interest in the Rouyn property, IAMGOLD Corporation has made the next option cash payment to Yorbeau in the amount of $500,000 corresponding to the third in a series of scheduled cash payments to be made to Yorbeau during an Expenditure Period of [...]
Yorbeau Resources Inc. is pleased to announce that it has completed a fully-subscribed private placement by issuing 23,076,923 Class A common shares at a price of $0.065 per share for gross proceeds of $1,500,000. The Company will use the proceeds raised from the issue of the flow-through Class A common shares to incur Canadian exploration expenses [...]
Yorbeau Resources Inc. is pleased to announce that diamond drilling has begun at its Lemoine project in the Chibougamau area of Quebec . The Lemoine Mine is located 25 km south of Chibougamau and produced 0.76 Mt of high-grade massive sulphide ore from 1975 to 1983. With its 4.2% Cu, 9.6% Zn, 4.2 g/t Au and 83 g/t Ag, Lemoine is within the top 1 [...]
Yorbeau Resources Inc. is pleased to report that a geological compilation and a borehole geophysics modeling deliver high-priority targets along the highly prospective Lemoine horizon. These targets are located approximately 400 metres down dip of the mined-out deposit and 800 metres from the surface. The Lemoine Mine is located 25 km south of [...]
Yorbeau Resources Inc. is pleased to report that its partner IAMGOLD Corporation released today remaining assay results from its 2020 exploration diamond drilling program completed on the Lac Gamble Zone at the Rouyn project. The project is located 4 km south of Rouyn-Noranda, Quebec, and approximately 45 kilometers southwest of IAMGOLD's Westwood [...]
July 28, 2020 /CNW Telbec/ - Yorbeau Resources Inc. is pleased to announce that Mr. John Jacobsen has been appointed to the board of directors of the Company, effective July 27, 2020. Mr. Jacobsen is President and Chief Executive Officer of the Tower Group of companies, one of Canada's foremost Arctic design, construction and management companies [...]
Yorbeau Resources Inc. is pleased to announce that diamond drilling has resumed 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 a historic high–grade prospect associated with a massive sulphide stratigraphic horizon hosted within mafic and felsic volcanics. The [...]
Yorbeau Resources Inc. is pleased to announce that diamond drilling has resumed at its Rouyn property with partner IAMGOLD Corporation . 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. As operator, IAMGOLD in 2020 has already [...]
Yorbeau Resources Inc. announces that the nominees listed in the Company's management proxy circular dated May 18, 2020 were elected as directors of Yorbeau. The detailed results of the vote for the election of directors held at the annual general meeting of shareholders on June 17, 2020 in Montreal are set out below. Nominee Votes For % For Votes [...]
Yorbeau Resources Inc. is pleased to announce that in order to maintain its option to purchase a 100% interest in the Rouyn property, IAMGOLD Corporation has made a cash payment to Yorbeau in the amount of $500,000 corresponding to the second in a series of scheduled cash payments to be made to Yorbeau during an Expenditure Period of 48 months. The [...]