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Yorbeau resumes drilling at Scott project to test geophysical target west of the Gwillim Fault
Yorbeau resumes drilling at Scott project to test geophysical target west of the Gwillim F...
About this update from Yorbeau Resources, Inc. Class A
[{"type":"text","content":"\n\n\n\nYorbeau resumes drilling at Scott project to test geophysical target west of the Gwillim Fault\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, April 9, 2019\n\n\n\nMONTREAL, April 9, 2019 /CNW Telbec/ - Yorbeau Resources Inc. (TSX: YRB) (\"Yorbeau\" or the \"Company\") is pleased to announce that diamond drilling has resumed at its Scott project in the Chibougamau area of Quebec.  \nThe Scott project contains a number of zinc-copper-gold-silver massive sulphide and stringer sulphide zones located in northwestern Scott Township. Based on a Preliminary Economic Assessment (PEA) completed in late 2017 by Roscoe Postle Associates (RPA), the project represents an opportunity to develop an operating mine located within close proximity to the towns of Chibougamau and Chapais, a typical northern mining environment, offering the advantages of living facilities and availability of manpower, equipment and materials required to develop and operate the project.\nOn January 29, 2019, the Company announced the beginning of a Phase 1 drilling program with the purpose of locating the contact of the Chibougamau Pluton and of the Scott mineralized horizon west of the Gwillim Fault. This phase of drilling was successfully completed and the contact with the Chibougamau Pluton was indeed identified west of the fault. With this new information, the Company is now in a position to test the Scott horizon at depth, where the Scott mineralized system is thought to be plunging (see press release of January 29, 2019).\nMost significantly, borehole geophysics was also completed in holes drilled initially in 2013 and that were deepened as part of Phase 1, and a very good conductor (borehole geophysical anomaly) was identified west of the Gwillim Fault in proximity to hole SC-81. Yorbeau's technical team considers that the quality of this conductor is typical of massive sulphide lenses and that such conductors become very high priority exploration targets in a geological environment such as Scott.\nThe drill rig was left at the site after Phase 1 whil...