Yorbeau Resources, Inc. Class A · TSX:YRB

Yorbeau Resources, Inc. Class A — Investor Presentation (April 2018)

37 slides from Yorbeau Resources, Inc. Class A's investor presentation, April 2018

  1. Slide 1: Scott Project - Highlights

    SCOTT PROJECT - HIGHLIGHTS Emerging zinc producer in Chibougamau mining camp The scientific and technical content of this presentation has been reviewed, prepared and approved by Mr. Laurent Hallé, P.Geo. (OGQ 388), Senior Exploration Consultant to Yorbeau, who is a “Qualified Person” within the mea

  2. Slide 2: Chibougamau Mining Camp

    CHIBOUGAMAU MINING CAMP Chi jougamau Camp Selco Lens Opemisk Mine to Ce rn - noe a "4 A lbs copper ‘Ss oie 1.2B 0.8 Moz gold \ ‘Lemoine Mine ave’ \ Legend oe , ee ona, . 5 \ 4.2% Cu, 9.8% Zn, [___] Prospective horizon 1 ke ee \ ; 4.2g/t Au, 83g/t Ag LC] eS ior oe ~~ promatte® / \ Lac Doré Complex St

  3. Slide 3: Regional Geology

    Regional Geology Plutons tardifs Plutons précoces Gneiss Fm. Chibougamau Lac Scott * Fm. Haiiy Fm. Stella et Chebistuan Complexe de Cummings Fm. Blondeau et Bordeleau Fm. Gilman Complexe du Lac Doré Fm. Waconichi /Modifié de Goutier et'Melancon’.2007 al meee oN. BUBSUBBEEOOR Fm. Obatogamau

  4. Slide 4: Chibougamau Camp (forgotten mining camp?)

    Chibougamau Camp (forgotten mining camp?)  20 mines, production: 43 Mt @ 1.7% Cu et 2.3 g/t Au  1.62 billion pounds (738,242 tonnes) of copper  3,234,229 ounces of gold  The most important copper district in eastern Canada from 1960 to 1972  In addition: a VMS mine (Lemoine): among the highest

  5. Slide 5: Property Geology

    Property Geology Pluton de Chibougamau Granite, granodiorite Bordure (diorite, aplite, basalte) Complexe du Lac Doré ? Tonalite, diorite 4 quartz Formation de Gilman Rhyolite Andésite-dacite (volcanoclastique) Basalte, gabbro, chert, exhalite a Gabbro type Gilman Formation de Waconichi Porphyre a qu

  6. Slide 6: Mineralized zones

    Mineralized zones Lentille GAP

  7. Slide 7: Vertical sections

    Section 1900W Section 1400W Lentille GAP Section 800W Vertical sections Section 0W

  8. Slide 8: Section 0W

    g g bs) fa) fe) 8 N S 3 S| SL-42 Ss =} =) s21sp ~ 82-43 a4 O/61-7 61-2 61-4 2|si-44 SL-30 51-34 ‘SL-36 Z| SL-46 SL-49 sL-s2= rd om a iat lay fatal int A Selco-Scott Lens -200m Chibougamau Pluton 400m 600m Section OOOW 800m

  9. Slide 9: Section 800W

    200S OOON Chibougamau Pluton « 800 » Lens Noog. 4 7 om ~ |’ Sf 4 a a -200m 400m -600m Section 800W -800m

  10. Slide 10: Section 1400W

    oO Zz o= Q 8 S sC54 scoo 8 Ss N a oS SG-23 SC-18 $¢-152! SL-101 Zz 9-9 Om X -200m Central ens 3 zones \ 400m Chibougamau Pluton -600m SecTION 1400W -800m

  11. Slide 11: Section 1900W

    D Zz x ) 8 8 8 3 8 8 S| 6Sf? 8 N Om £ = oO 2 o Ps -200m Chibougamau Pluton 400m 600m GAP Section 19700W -800m

  12. Slide 12: Location of level plans

    Plan -450m Location of level plans Plan -650m Plan -850m

  13. Slide 13: Plan -470m

    800N 600N 400N 200N OOON eS West Lens Mo0ce Mo00c. AMAOO9I Moor MOOI AMAOOOL PLAN -470m

  14. Slide 14: Plan -670m

    800N 600N 400N POON OOON \ MOO0ce MOO0d. Moos GAP Lens MOO91 Moorl MOOcI MQOO! PLAN -670m

  15. Slide 15: Plan -870m

    B00N x aw, Cy # ww os) 7 7 wei? 600N 77 7? 7 47 0. \|7 N Open nmooze® AA000Z. Chibougamau Pluton pein _ MOOS! MOO! NA00TL M000! PLAN -870m

  16. Slide 16: Alteration Index

    FRESH ALTERATION INDEX 1 2 3 4 CORE EDGE 4 high SERICITE/CHLORITE 2 3 1 Low SERICITE/CHLORITE CHLORITE & QUARTZ SERICITE DESTRUCTION FELDSPAR DESTRUCTION

  17. Slide 17: Scott Project Surface lithogeochem

    Scott Project Surface lithogeochem 0 200 500 Selco-Scott lens metres

  18. Slide 18: Scott Project -500m Lithogeochem

    Scott Project Projet Scott -500m Lithogeochem Lithogeochem -500m 0 200 500 metres

  19. Slide 19: Very large hydrothermal system!

    Scott Project Very large hydrothermal system ! Lithogeochem -500m 0 500 metres

  20. Slide 20: 3D Isometric View of Scott Lake Wireframes

    3D Isometric View of Scott Lake Wireframes Looking Northeast AY CFO | Scott Lake Rhyolite Ss @RPA Ressources solides comme te roc. Consels énroues. 0 250 500 750 1000

  21. Slide 21: 3D Isometric View of Scott Lake Wireframes

    3D Isometric View of Scott Lake Wireframes Looking Southeast Scott Lake Rhyolite 0 250 500 750 1000 t er — Metres

  22. Slide 22: View looking NE

    View looking NE Selco Central West 800 Gap CFO

  23. Slide 23: 3D Isometric View of Scott Lake Wireframes

    Selco 3D Isometric View of Scott Lake Wireframes Looking Southeast Central Gap Zone Scott Lake Rhyolite 0 250 500 750 1000 E er —=

  24. Slide 24: 3D Isometric View of Massive Sulphide Wireframe Models

    3D Isometric View of Scott Lake Massive Sulphide Wireframe Models and Sulphide Stringer Blocks above NSR $65/t Looking Southeast 9100200 300400500 —— ae @RPA 7 Ressources socies comme Jeroc. Conseils éprouves.

  25. Slide 25: Favorable horizontal widths (Depth -480m)

    1700W 1800W 1700W 200N Favorable Favorablehorizontal horizontalwidths! widths! 100N 0 10 20 30 BlockModel Block Model(RPA (RPA2017) 2017) metres Depth Depth - 480m - 480m

  26. Slide 26: Favorable horizontal widths (Depth -680m)

    1900W 2000W N Favorable horizontal widths! N 10 20 30 Block Model (RPA 2017) metres Depth - 680m

  27. Slide 27: Mineral Resources - Scott

    Mineral Resources * - Scott Category Tonnes %Cu %Zn g/t Au g/t Ag Indicated 3,567,000 0.95 4.17 0.2 37 Inferred 14,281,000 0.78 3.49 0.2 22 Total 17,847,000 0.8 3.6 0.2 25 * Based on a NI 43-101 compliant Technical Report titled "Technical Report on the Preliminary Economic Assessment for the Scott

  28. Slide 28: Exploration potential at depth and to southwest

    Exploration potentiel at depth and to southwest Faille Gwillim

  29. Slide 29: Metallurgical tests completed in 2017

    Metallurgical tests Copper concentrate completed in 2017 25% Cu Zinc concentrate 55% Zn

  30. Slide 30: Mine Development Layout

    MINE DEVELOPMENT LAYOUT 500RL. cau _ ELEVATION PORTAL as VENT RAISE VENT RAISE RAR \ VENT VENT RAISE RAR pe | — eens nce | t- 250m CENTRAL ZONE 34 ZINC ZONE SELCO ZONE ORL + 500m, INTERNAL RAMP | j~ 7501 GAP ZONE ™ -500RL CFO ZONE U + 1000m INTERNAL RAMP STRINGER RHYOLITE ZONE Yorbeau Resources Inc.

  31. Slide 31: Preliminary Economic Assessment – Summary

    Preliminary Economic Assessment – Summary Zn: $US1.30/lb - Cu: $US3.50/lb - $C1.00=$US0.80 Net Sales LOM  $1.98 billion (NSR) Net Cash Flow  Pre-tax Net Cash Flow of $515.8 million IRR  Pre-tax IRR of 16.5% with a 6-year payback NPV  Pre-tax NPV(8%) of $144.0 million  Life of mine (“LOM”) Opex

  32. Slide 32: Preliminary Economic Assessment - Details

    Preliminary Economic Assessment - Details Operating costs Pre-production capital costs ($/t milled) $(millions) Mining 54.14 Mining 52.58 Processing 27.49 Processing 60.00 General & Administration 7.40 Infrastructure 15.78 TOTAL 89.02 Tailings 4.65 Sub Total 133.01 EPCM* 46.55 Contingency 35.92 TOTA

  33. Slide 33: Preliminary Economic Assessment - Details

    Preliminary Economic Assessment - Details Peak annual production Peak period Average (per year) Zinc concentrate 72,400 tonnes years 9-12 Zinc metal (payable) 75 million pounds Copper concentrate 28,467 tonnes Copper metal (payable) years 5-8 15 million pounds Silver metal (payable) 395,835 ounces N

  34. Slide 34: Low cash cost zinc producer (net of by-products)

    Low cash cost zinc producer (net of by-products) millions $ Cdn pounds of payable zinc 810.9 $/lb payable zinc mining 650.9 0.80 $ processing 330.5 0.41 $ G&A 85.6 0.11 $ Treatment (Zn conc.) 177.0 0.22 $ Transport (Zn conc.) 47.0 0.06 $ total operating 1,291.0 1.59 $ Cu credits 673.5 0.83 $ Ag cred

  35. Slide 35: Summary

    SUMMARY  Resources of nearly 18 Million tonnes  Polymetallic Cu-Zn-Au-Ag , multiple lenses  Excellent exploration potentiel  Favorable geometry (good horizontal widths)  Very favorable location  Infrastructure, man power, etc.  Reputable mining region (copper and gold)  Including one of rich

  36. Slide 36: Next Steps – Scott Project

    Next Steps – Scott Project • Exploration: drilling planned on high priority targets • Extension of system to the west of regional Gwillim Lake fault • Search for financing and senior partner • Possible underground program to bring Inferred resources to Indicated category • Feasibility study • Techni

  37. Slide 37: Merci! Meegwetch! Thank you!

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