Business
Yorbeau Reports 4.6 Metres of 19.4% Zinc at Scott Project and Extends Drilling Program
MONTRÉAL, QUEBEC--(Marketwired - June 13, 2016) - Yorbeau Resources Inc. (TSX:YRB.A) (the "Company" or "Yorbeau") is pleased to report on recent diamond drillin
About this update from Yorbeau Resources, Inc. Class A
[{"type":"text","content":"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. Drill hole SC-85W, which was the second last hole in the 2016 program, intersected high grade zinc in massive sulphides at the western edge of the Gap Lens. This mineralized interval, as were all intercepts released by the Company since June 2015, is located outside of the mineral resources as currently estimated (see attached Figure 1) at the Scott project. Assay results are shown below: DDH SC-85W Section 2050W (weighted averages) From (m) To (m) Length (m) Cu % Zn % Au g/t Ag g/t Remarks 944.7 949.2 4.5 0.2 19.4 0.2 31.0 Massive sulphides As this is still preliminary drilling on the above mineralization, the exact shape and true width cannot be determined with certainty. The core lengths obtained may not reflect the true width of the mineralization. Hole SC-85W is a wedge-cut drilled up-dip from original hole SC-85, completed in the last month, and is part of the on-going 2016 program which consists in acquiring enough drill data at a nominal 50 metre spacing to initiate a revised resources estimate. Prior to SC-85W, holes SC-84 and SC-85 were drilled, specifically to test for down plunge extensions of the Gap Lens, but did not encounter mineralization (see attached Figure 1). As shown in Figure 1, and as supported by borehole geophysics, the Gap Lens is presently thought to be cut-off or have ended to the west around section 2050W. However, borehole geophysics clearly shows potential extension at depth below SC-83, and also at shallower depth to the east. In particular, geophysical vectors as well as computer modelling of the data in surrounding holes SC-31 and SC-31W2 clearly suggest strong conductivity to the east. The Company has therefore decided to extend the planned program and drill two additional holes totalling approximately 1,500 metres to the east on section 1800W prior to initiating the revised resource estimate. Hole SC-86, located about 50 metres west of SC-82 (Figure 1), was completed on June 10 and was the last hole of the initial planned program. It was sampled and assays will be released in late June. The additional drilling will start immediately after a short break for the drilling crew....