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Yorbeau Resources Inc.
Summary
| Project: | Scott Lake | |
|---|---|---|
| Deposit: | Gap Lens | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 10/20/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-10-2016: Yorbeau Resources Inc. announces an Exploration/Drilling Update report for its Gap Lens deposit at the Scott Lake project. Drilling results incl. 46.3m @ 0.5% Cu, 9.7% Zn, 0.5g/t Au, 29.1g/t Ag from 938.3m. Montréal, October 20, 2016 - Yorbeau | |
| Resources: | (Resource, Inf.): 5.45Mt @ 1.2% Cu, 4.6% Zn, 0.2g/t Au, 34g/t Ag | |
| CP/QP: | [Overall Report]: Gerald Riverin (Internal) | |
| ABSTRACT: | Montréal, October 20, 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-87W2 intersected a 46.3 metre long massive sulphide interval zone in the course of the follow-up program to test the eastern extension of the Gap Lens. This follow-up program was initiated based on recent drilling and on borehole geophysics as explained in the June 13, 2016 press release. Assays were also received for other mineralized intervals along the Gap Lens in holes SC-86 and SC-87W. These mineralized intervals, as were all previous intercepts released by the Company on the Gap Lens, are located outside of the mineral resources as currently estimated at the Scott project (see attached Figure 1). As this is still preliminary drilling on the above mineralization, the exact shape and true width cannot be determined with certainty and the core lengths displayed in the above table do not represent the true thickness of the mineralization. However, at the depth of the massive sulphide zone, the dip of the hole was at 31 degrees; assuming a sub-vertical dip for the massive sulphide zones, and taking into account the 31 degree dip of the hole, the core length may represent over 90% of the horizontal thickness. | |
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