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Yorbeau Resources Inc.

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Summary

Project:

Scott Lake

Deposit:Gap Lens
Location:Canada
Commodities:Copper-Zinc-Gold-Silver
Date:2/7/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:7-2-2017: Yorbeau Resources Inc. announces an Exploration/Drilling Update report for its Gap Lens deposit at the Scott Lake project. Drilling results incl. 15.3m @ 0.8% Cu, 7.2% Zn, 0.2g/t Au, 34.6g/t Ag from 929.0m. Yorbeau Resources Inc. (TSX: YRB.A) (t
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: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-88W intersected a 15.3 metre long interval of combined stringer (mostly) and massive sulphides in the last hole of the drilling program to explore the Gap Lens. This hole was a 90 metre step out to the east of hole SC-87W3 which had intersected over 20.6 metres of 5.9% zinc, 0.7% copper and 50.9 g/t silver (press release of November 23, 2016), and a 75 metre step out to the east of hole SC-87W2 which had intersected 46.3 metres of massive sulphides grading 9.7% zinc (press release of October 20, 2016). The mineralized interval in SC-88W, 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 tables do not represent the true thickness of the mineralization. However, at the depth of the mineralized zone in SC-88W, the dip of the hole was at 29 degrees and the horizontal thickness of the Gap Lens mineralization therefore represents 13.4 metres. Hole SC-88W was a wedge-cut about 52 metres above hole SC-88 (see attached Figure 1).

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