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Yorbeau Resources Inc.

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Summary

Project:

KB

Deposit:KB
Location:Canada
Commodities:Coper-Zinc-Gold-Silver
Date:2/27/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-2-2020: Yorbeau Resources Inc. announces an Exploration/Drilling Update report for its KB deposit at the KB project. Drilling results incl. 1.4m @ 0.9% Cu, 10.5% Zn, 0.1g/t Au, 34g/t Ag from 34.4m. Montreal, February 27, 2020 – Yorbeau Resources Inc. (
Resources:x
CP/QP:[Overall Report]: Sylvain Lepine (Not stated)
ABSTRACT:Montreal, February 27, 2020 – Yorbeau Resources Inc. (TSX: YRB) ("Yorbeau" or the "Company") is pleased to announce results of 2019 diamond drilling and borehole geophysics program that deliver new high priority targets 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 property appears to have a geological setting similar to that found at the past producing high grade Lemoine mine and at Yorbeau’s Scott project, including high grade VMS-style mineralization, presence of felsic tuffs, and potential for high synvolcanic heat flow resulting from the proximity of the Lac Doré (synvolcanic) Complex (Figure 1). During November 2019, eight (8) diamond drilling holes were drilled for a total of 1475m. The objective was to test strong VTEM geophysical anomalies located along the interpreted KB horizon in which the Icon showing is located. The 2019 drilling data compilation led to a better understanding of stratigraphy and particularly the location of the KB prospective horizon. New geological interpretation indicates the presence of a NNE trending fault. This fault shifts the overall stratigraphy by approximately 230m to the North-East and consequently, the KB horizon has not been tested East of this fault where VTEM anomalies are located (Figure 2).

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