Welcome, Guest Login | Signup | Portfolio | Bookmark | Contact

Symbol Name
Click for Symbol Help

Yorbeau Intersects 7.02 g/t Au Over 8.0 Metres at the Cinderella Target in the Rouyn Property

Marketwire.com - Nov 8, 2011

MONTREAL, QUEBEC--(Marketwire - Nov. 8, 2011) - Yorbeau Resources Inc. ("Yorbeau"')(TSX:YRB.A) is pleased to report significant results from drilling the Cinderella target on its Rouyn property.
Drill hole 11-CI-562 cut an 8.0 metre long interval assaying 7.02 g/t Au (uncut). The mineralized zone consists of abundant quartz-carbonate veining, brown tourmaline and sulphides; it also contains visible gold in three distinct areas within the interval. The location of the hole is shown on the attached figure: http://media3.marketwire.com/docs/Longitudinal-Nov-8-2011.pdf and assay details are shown below:
Drill Hole From (m) To (m) Core
Length (m) Au g/t Host Rock Unit
11-CI-562 525.0 533.0 8.0 7.02 Piché Group, with traces of visible gold
528.0 529.0 1.0 54.6 Piché Group, with traces of visible gold
Although true width of the mineralized zones cannot be established with accuracy given the large spacing between holes, it is estimated that it may represent about 70% of core length.
The above described 8.0 metre interval is immediately preceded by a 5.0 metre interval starting at 520.0 m and containing the typical mineralization parameters at Cinderella but without the presence of visible gold. Including this 5.0 metre adjacent zone, the entire interval of mineralization totals 13.0 metres grading 4.68 g/t gold. This zone is part of the same structure as at Augmitto where a recently completed NI 43-101 report (available on the Company's website) estimated gold resources to be 8,400 and 39,800 ounces in the measured and indicated categories respectively, and 158,800 ounces in the inferred category.
The 13-metre-long intercept of gold mineralization in hole 11-CI-562 is of particular importance because of its location about 110 metres east of hole 535 which yielded 5.6 g/t Au over 13.0 metres and 72 metres from hole 553 which yielded 2.8 g/t Au over 11.0 metres. Three other holes have also been completed at the Cinderella target (see attached figure:http://media3.marketwire.com/docs/Longitudinal-Nov-8-2011.pdf) and assays are pending. Drilling is currently on-going to test targets close to surface in the eastern part of Cinderella. It is expected that this drilling will be completed by the end of November to be followed by drilling at the Lake Gamble target.
Work is carried out by technical personnel of Yorbeau Resources Inc., under the supervision of Laurent Hallé, P.Geo. who has reviewed and approved the content of this release. He is a qualified person (as defined by National Instrument 43-101) and has more than 31 years of experience in mineral exploration.
Samples are analyzed at AGAT Laboratories in Sudbury, Ontario. All samples are analyzed by standard fire assay. Samples returning more than 3 g/t are re-analyzed by fire assay with a gravimetric finish. Yorbeau has implemented a QA/QC program that consists of inserting blanks and gold standards in batch samples being sent to the assay laboratory. Selected pulp samples will also be re-analysed by a different laboratory.
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.
Contact Information
Thomas L. Robyn, Ph. D.
Yorbeau Resources Inc.
(514) 384-2202
Toll free in North America: 1-855-384-2202

G. Bodnar Jr.
Yorbeau Resources Inc.
(514) 384-2202
Toll free in North America: 1-855-384-2202

David Crevier
President and CEO
Yorbeau Resources Inc.
(514) 284-3663

Read Full Article from Marketwire.com

- Posted: 2011-11-08 11:21:24

 More Stock Investor Place Financial News  
Metals price rout is ending, says Credit Suisse
The Gold Rally is Far From Over ... CNBC.com Editorial
Uragold Raw Quartz Assays As High As 4N Purity (99.99% SiO2) Prior To Commencement Of Testing
Interview with Mr. Tony Green, CEO of UMINING Resources Inc.(UMNG)
Northern Gold Intersects 5.47 g/t Au OVER 17.3 m at Jonpol Deposit

 Stock Investor Place Financial News Archive
April 2016
March 2016
December 2014
August 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
May 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007

Featured Companies | My Place | News | Markets | Big Board | Blogs | Products & Services

Copyright 2019 Stock Investor Place Inc. All Rights Reserved.
Disclaimer - Terms of Use - Privacy Policy - Advertise