Yorbeau Continues Drill Testing of Augmitto-Astoria Corridor

Welcome, Guest

Markets

Symbol

Name

Yorbeau Continues Drill Testing of Augmitto-Astoria Corridor
Marketwire.com - May 31, 2011

MONTREAL, QUEBEC--(Marketwire - May 31, 2011) - Yorbeau Resources Inc. (TSX:YRB.A) ("Yorbeau") continues its 2011 drilling program with two drill rigs with an initial focus on the Augmitto mine.

The objective of the current program is to conduct in-fill and definition drilling that will aid in the preparation of a resource estimate for the Augmitto deposit compliant with NI 43-101 which is presently scheduled for completion during the month of June.

Drilling at this time is focused on the eastern portion of the Augmitto deposit which extends onto the western portion of the Cinderella Block. Based on the re-interpretation of structural data, the Augmitto deposit appears to be much more coherent than previously understood. As noted in the Company's press release of September 22, 2010, many of the historical drill holes at Augmitto did not completely penetrate the target mineralized zones, with the result that the historical primary target (lower Piché Group) was only tested by a limited number of holes.

Five drill holes have been completed for which assay results have been received. These results show that the vicinity of the Augmitto mine is mineralized with gold in several horizons, although the Piché Group and Footwall Zone remain Yorbeau's primary targets. The piercing points of the drill holes are shown in the attached longitudinal section (http://media3.marketwire.com/docs/YRB_map.jpg).

Assay results are shown below.
Drill Hole From (m ) To (m ) Core
Length
(m ) Approx.
True
Width
(m ) Au g/t Host Rock Unit
5391 346.50 350.35 3.85 2.7 1.40 Piché Group
380.6 382.0 1.4 1.0 1.76 Piché Group
386.0 387.1 1.1 0.8 8.22 Piché Group
5401 405.0 407.0 2.0 1.4 2.24 Piché Group
434.0 435.0 1.0 1.4 14.73 Piché Group
5411 49.85 50.85 1.0 0.7 2.41 BRG2
58.9 59.6 0.70 0.5 1.65 BRG
510.0 512.0 2.0 1.4 1.44 HWZ3
523.0 524.0 1.0 0.7 2.76 Piché Group
5424 304.0 305.0 1.0 0.7 2.28 Piché Group
358.80 359.45 0.65 0.45 2.73 Piché Group
388.0 389.0 1.0 0.7 1.38 Piché Group
402.0 403.0 1.0 0.7 25.51 Piché Group
467.0 470.0 3.0 2.1 2.01 FWZ5
5434 415.0 419.0 4.0 2.8 4.59 Piché Group
incl. 415.0 416.0 1.0 0.7 6.04 Piché Group
incl. 418.0 419.0 1.0 0.7 8.15 Piché Group
1: hole prefix 11-CI-
2: BRG = Blake River Group rock
3: HWG = hanging wall zone rock
4: hole prefix 11-AUG-
5: FWZ = footwall zone

Samples were analysed at Actlabs, AGAT Laboratories Ltd. and ALS Chemex.

Later in 2011, the Company intends to carry out a drill program of mostly in-fill and definition drilling at the Company's Lake Gamble and Cinderella East discoveries. This program will be followed up by additional resource estimates thereby growing the Company's NI 43-101 compliant resources in the four known gold deposits in the 6-km-long Augmitto-Astoria corridor.

The qualified person under National Instrument 43-101 is Laurent Hallé, P.Geo., who has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

The raison d'être of Yorbeau is to identify a world class gold deposit in a major mining camp. Against the backdrop of a market that is steadily more welcoming for gold, Yorbeau is poised to significantly increase the known gold resources on its properties in Northern Quebec.

Forward-looking statements:Except for statement of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.