Yorbeau Resources Announces Beginning of Drilling Program At KB Project

MONTREAL - Yorbeau Resources Inc. reported that diamond drilling has resumed at its KB project in the Chibougamau area of Quebec. The KB project is highly prospective for zinc and copper due to the presence of a historic high–grade prospect associated with a massive sulphide stratigraphic horizon hosted within mafic and felsic volcanics. The property appears to have a geological setting similar to that found at the past producing Lemoine mine and at Yorbeau's Scott project, including high grade VMS-style mineralization, presence of felsic tuffs and potential for high synvolcanic heat flow resulting from the proximity of the Lac Doré Complex.

The current drilling program is a follow-up on a 2019 drilling data compilation that to led to a better understanding of stratigraphy and particularly the location of the KB prospective horizon. One drill rig is currently in operation and approximately 1,500 meters of drilling are planned to test three high priority targets.

In 2019, hole KB-02 was drilled 25 metres below the Icon showing to better understand the geometry, stratigraphy and confirms historical grades obtained by Icon Sullivan in 1967. KB-02 intersected 1.4 meters of massive sulfides grading 0.9% copper, 10.5% zinc, 0.1 g/t gold and 34 g/t silver. Borehole geophysics modeling shows a 150 meter by 300 meter strongly conductive plate located along the KB horizon at a 200 meter depth east of the Icon showing.

Hole KB-05 intercepted another prospective horizon located 100 metres south of KB horizon, returning 2.8% copper, 1.3% zinc, 0.3 g/t gold and 30 g/t silver over 0.2 meters. This new horizon, called KB south, corresponds to a semi-massive sulfides zone hosted by an intermediate bedded tuff. Mineralization is open to the east where a borehole geophysical plate has been modelized.

This target corresponds to the eastern part of the KB horizon that has been shifted by a NNE trending fault and where several untested VTEM anomalies are located. Yorbeau has implemented rigorous safety protocols in order to prevent the spread of COVID-19 which are in line with recommendations from the National institute of public health of Quebec (INSPQ) and the Commission des normes, de l'équité, de la santé et de la sécurité du travail (CNESST).

Work is carried out by the personnel of Yorbeau, under the supervision of Sylvain Lépine, M.Sc, P.Geo. He is a qualified person (as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.