Yorbeau Intersects 46 Metres of Massive Sulphides at Scott Project 2016-10-20
- 46.3 metres of 9.7% zinc and 0.5% copper
- including 11.5 metres of 15.8% zinc and 6.0 metres of 17.3 % zinc
Yorbeau and Kinross Sign Letter of Intent for the Rouyn Property 2016-06-22
MONTREAL, QUEBEC--(Marketwired - June 22, 2016) - Yorbeau Resources Inc.(TSX:YRB.A) (the "Company" or "Yorbeau") is pleased to announce that it has signed a non-binding letter of intent ("LOI") with Kinross Gold Corporation ("Kinross"), whereby Kinross has the option to acquire a 100% interest in Yorbeau's Rouyn property ("Property") in Quebec, Canada.
Scott Lake, Canada: 4.6m grading 19.4% Zn from 944.7m depth (DDH SC-85W) 2016-06-14
Yorbeau Reports 4.6 Metres of 19.4% Zinc at Scott Project and Extends Drilling Program 2016-06-13
MONTRÉAL, QUEBEC--(Marketwired - 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.
Yorbeau Reports 18 Metres of 10.9% Zinc at Scott Project 2016-03-31
including 7.5 metres of 14.3% zinc
General 2015-05-10Early prospecting on the Rouyn property dates back to the mid-1920s, and exploration work was done from 1926 to 1946 at the Astoria site by Astoria Rouyn Mining Ltd. Yorbeau acquired the Astoria property in 1984 and proceeded to conduct extensive surface and underground exploration over the next decade. During this period, Yorbeau entered into two joint venture agreements with Les Mines Belmoral Ltd. and Deak Resources Ltd. From 1984 to 1990, a shaft was sunk to 515 m and lateral workings developed. Work included surface drilling, shaft sinking, and extensive underground development and diamond drilling with a total investment over the years of approximately $40 million.
Nearby Location News
Thundermin Resources Inc. Provides Update on Pelletier Lake Gold Property, Rouyn-Noranda, Quebec 2015-09-17
TORONTO, ONTARIO--(Marketwired - Sept. 17, 2015) - Thundermin Resources Inc. ("Thundermin") (TSX VENTURE:THR) announces that the agreement with QMX Gold Corporation ("QMX") with respect to the Pelletier Lake Gold Property located near Rouyn-Noranda, Quebec ("Pelletier Lake") has been terminated and Thundermin's 100% ownership of Pelletier Lake has been re-instated.
On September 1, 2005, Thundermin granted QMX an option to acquire a 100% interest in Pelletier Lake subject to, among other things, Thundermin's right to receive a 2.5% NSR once the property was put into commercial production (the "QMX Option"). The QMX Option was the subject of an arbitration process which in May 2014 determined that QMX's right to earn a 100% interest in Pelletier Lake was subject to QMX achieving commercial production at Pelletier Lake by February 28, 2018 and making certain annual advanced royalty payments to Thundermin by August 31st in each year until commercial production was achieved. QMX did not comply with the terms and conditions established by the arbitrator and as such on August 31, 2015 all of QMX's rights with respect to Pelletier Lake were terminated.