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Yorbeau Announces Beginning of Drilling Program at KB Project in Chibougamau Camp, Quebec

Yorbeau Announces Beginning of Drilling Program at KB Project in Chibougamau Camp, Quebec ...

articleYorbeau Resources, Inc. Class AJuly 14, 20205/company/yorbeau-resources-inc/news/yorbeau-announces-beginning-of-drilling-program-at-kb-project-in-chibougamau-camp-quebec
Yorbeau Announces Beginning of Drilling Program at KB Project in Chibougamau Camp, Quebec

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[{"type":"text","content":"\n\n\n\nYorbeau Announces Beginning of Drilling Program at KB Project in Chibougamau Camp, Quebec\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, July 14, 2020\n\n\n\nMONTREAL, July 14, 2020 /CNW/ - Yorbeau Resources Inc. (TSX: YRB) (\"Yorbeau\" or the \"Company\") is pleased to announce that diamond drilling has resumed at its KB project in the Chibougamau area of Quebec.\nThe 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 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 Complex (Figure 1). \nThe current drilling program is a follow-up on a 2019 drilling data compilation that to led to a better understanding of stratigraphy and particularly the location of the KB prospective horizon (see news release dated February 27, 2020). One drill rig is currently in operation and approximately 1,500 metres of drilling are planned to test three high priority targets (Figure 2) as described below. \nTarget #1 \nIn 2019, hole KB-02 was drilled 25 metres below the Icon showing to better understand the geometry, stratigraphy and confirms historical grades obtained by Icon Sullivan in 1967. KB-02 intersected 1.4 meters of massive sulfides grading 0.9% copper, 10.5% zinc, 0.1 g/t gold and 34 g/t silver. Borehole geophysics modeling shows a 150 metre by 300 metre strongly conductive plate located along the KB horizon at a 200 metre depth east of the Icon showing (Figure 3).  \nTarget #2  \nHole KB-05 intercepted another prospective horizon located 100 metres south of KB horizon, returning 2.8% copper, 1.3% zinc, 0.3 g/t gold and 30 g/t silver over 0.2 metres. This new horizon, called KB south, corresponds to a semi-massive sulfide...

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