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Yorbeau Resources Inc.
Summary
| Project: | Scott Lake | |
|---|---|---|
| Deposit: | Gap Lens | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 6/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-6-2016: Yorbeau Resources Inc. announces an Exploration/Drilling Update report for its Gap Lens deposit at the Scott Lake project. Drilling results incl. 4.5m @ 0.2% Cu, 19.4% Zn, 0.2g/t Au, 31.0g/t Ag from 944.7m. Montréal, June 13, 2016 - Yorbeau Res | |
| Resources: | (Resource, Inf.): 5.4Mt @ 1.2% Cu, 4.6% Zn, 0.2g/t Au, 34g/t Ag | |
| CP/QP: | [Overall Report]: Gerald Riverin (Internal) | |
| ABSTRACT: | Montréal, June 13, 2016 - Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to report on recent diamond drilling results at its 100% owned Scott Lake project in Quebec. Drill hole SC-85W, which was the second last hole in the 2016 program, intersected high grade zinc in massive sulphides at the western edge of the Gap Lens. This mineralized interval, as were all intercepts released by the Company since June 2015, is located outside of the mineral resources as currently estimated (see attached Figure 1) at the Scott project. Hole SC-85W is a wedge-cut drilled up-dip from original hole SC-85, completed in the last month, and is part of the on-going 2016 program which consists in acquiring enough drill data at a nominal 50 metre spacing to initiate a revised resources estimate. Prior to SC-85W, holes SC-84 and SC-85 were drilled, specifically to test for down plunge extensions of the Gap Lens, but did not encounter mineralization (see attached Figure 1). As shown in Figure 1, and as supported by borehole geophysics, the Gap Lens is presently thought to be cut-off or have ended to the west around section 2050W. | |
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