Business
Yorbeau Resources Intersects High Grade Massive Sulphides at Caribou Project
MONTREAL, QUEBEC--(Marketwired - May 30, 2017) - Yorbeau Resources Inc. (TSX:YRB.A) (the "Company" or "Yorbeau") is pleased to report the final results from its
About this update from Yorbeau Resources, Inc. Class A
[{"type":"text","content":"MONTREAL, QUEBEC--(Marketwired - May 30, 2017) - Yorbeau Resources Inc. (TSX:YRB.A) (the \"Company\" or \"Yorbeau\") is pleased to report the final results from its 2017 winter drill program on its 100% owned Caribou project in Quebec. A drill program consisting of 5 drill holes totalling 3,477m has been completed with the objective of testing geophysical anomalies located 300m west of the known deposit and filling an important undrilled gap within the Caribou massive sulfides lens. Specifically, there was a 280m gap located between CAR-18 (0.9% Cu, 13.5% Zn, 0.6 g/t Au, 41 g/t Ag over 0.4m) and CAR-31 (0.4% Cu, 5.8% Zn. 0.3 g/t Au, 18 g/t Ag over 4.1m) which were drilled in 2010 and 2013 respectively (see attached Figure 1). Two holes were drilled in this gap, CAR-31W (wedge cut drilled from original hole CAR-31) and CAR-30 (deepening of CAR-30 drilled in 2013), and both intersected massive sulfides. Assay results are shown below: ASSAY RESULTS - DDH CAR-31W (weighted averages) From (m) To (m) Length (m) Cu % Zn % Au g/t Ag g/t Remarks 756.1 757.1 1.0 1.6 9.9 0.4 37.1 massive sulphides 757.1 758.6 1.5 3.9 4.9 0.6 49.5 mineralized tuff 756.1 758.6 2.5 2.9 6.9 0.5 44.4 weighted average At the depth of the mineralized zone in CAR-31W, the dip of the hole was at 53 degrees and the horizontal thickness of the mineralization therefore represents 60% of the core length. ASSAY RESULTS - DDH CAR-30E From (m) To (m) Length (m) Cu % Zn % Au g/t Ag g/t Remarks 788.3 789.1 0.8 6.6 9.7 0.3 63.4 massive sulphides At the depth of the mineralized zone in CAR-30E, the dip of the hole was at 48 degrees and the horizontal thickness of the mineralization therefore represents 70% of the core length. The three holes that were drilled to test geophysical anomalies to the west of the Caribou deposit (CAR-34, CAR-34W and CAR-35) failed to return significant mineralization and the conductors were explained by pyrrhotite. The Caribou project is located in Northwestern Quebec approximately 95km NE of the town of La Sarre and is easily accessible via public roads and a forestry road that provides access to the former Estrades mine. The recent drilling took place along the western extension of the Estrades mine where exploration work carried by Cog...