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Yorbeau Resources Inc.

Publié le 31 octobre 2007

Appoints Thomas Robyn as President a =?ISO-8859-1?Q?nd=20CEO

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Mots clés associés :   Dia Bras | Europe |

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Yorbeau Resources Inc.
TSX:YRB.A
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October 31, 2007
Yorbeau Appoints Thomas Robyn as President and CEO, Announces Plans for 2008
MONTREAL, QUEBEC--(Marketwire - Oct. 31, 2007) - Yorbeau Resources Inc. (TSX:YRB.A) is pleased to announce the appointment of Dr. Thomas L. Robyn as President and CEO, effective immediately. Mr. George Bodnar will remain as consultant and Director of the Company. Dr. Robyn, who has been a director of the Company since June 2006, brings a wealth of hands-on managerial experience in minerals exploration and development with over three decades in mineral exploration planning and implementation, mineral property reviews and project management. Dr. Robyn earned a geology degree from Western Michigan University, and a doctorate in igneous petrology/volcanology from the University of Oregon. He was a Regional Exploration Manager for Anaconda Minerals until 1985, then oversaw projects and directed operations for several companies in global exploration and mining. His work has taken him to North and South America, Europe, Australia and parts of Asia. Dr. Robyn is Executive Chairman of Dia Bras Exploration and as President of ST Group Inc. acts as consultant for private clients and investment funds in minerals exploration. He is a Fellow of the Society of Economic Geologists, a Certified Professional Geologist and a Registered Professional Geologist.

The Company is also pleased that George Bodnar will continue to contribute to the Company's development. George was instrumental in a number of significant transactions for the Company, including the consolidation of a 100% interest in the Ellison property and its subsequent sale to Agnico-Eagle as well as the acquisition of the Augmitto and Cinderella Blocks where the Company's activities are currently focused. He will maintain a prominent role as a consultant and director in order that the Company continues to benefit from his extensive knowledge and experience.

"This is an exciting opportunity for Yorbeau Resources, as the Company owns a major land position on an important gold structure, the Cadillac-Larder Lake Break" said Dr. Robyn. "Various portions of the 12-kilometer long property have seen work off-and-on for decades, but this is the first time one company has control over this comprehensive land package in such exciting times for gold exploration. This is truly an exceptional property with great potential that has been under-explored.

"A complete compilation and review of past work is in progress and we are entering all surface and underground data in a unified database. For the first time, Yorbeau Resources will comprehensively analyze this strategic section of the gold belt. By early 2008, we will have completed our comprehensive database for the Augmitto Block including recent drilling that has intercepted excellent gold grades over mineable widths, and near surface. This will provide the basis for our work in 2008.

"Yorbeau's property hosts coarse gold "nugget effect" mineralization, so our sample collection and assaying methodology since 2005 has been modified to account for this effect. Past operators assayed their BQ drill core by more basic methods that may have under-reported the gold content, so these holes will be re-logged and re-assayed. Moreover, we have recently located a large amount of historical data and are in the process of evaluating these data and adding them to the database.

"All this compilation work is setting the stage for work in 2008, which will include:

- Detailed structural mapping of the entire 12 km-long property and ground geophysical surveys to follow extensions of the known carbonate and flow ore at Astoria and the

- carbonate ore at Augmitto, and to determine the nature of the structural flexure of the CLLB on the Company's property;

- Extending resources laterally between these two deposits, as widely-spaced trenches and drill holes between them indicate both gold zones are present along strike;

- A minimum of 10,000 m of NQ diamond drilling, both infill drilling to upgrade resources and step-out drilling to follow high-grade gold zones laterally and down plunge;

- Trenching along the Augmitto-Astoria trend in order to examine more closely the high-grade gold zones identified in the recent drilling programs;

- Assessing the Company's land to identify a suitable site for permitting and construction of a mill, in the event that results warrant such work, and;

- Selection of an area in the Augmitto workings where a large bulk sample can be collected.

"During 2007, the Company drilled 5,739 m of NQ core in 38 holes, many of which have encountered potential ore grades and widths, and abundant visible gold. This high success rate illustrates the quality of project planning by the Company's exploration staff and bodes well for the 2008 program."

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:

Yorbeau Resources Inc.
Thomas L. Robyn, Ph.D.
President and CEO
tlrobyn@yorbeauresources.com

or

Yorbeau Resources Inc
Louis Bernier P.Geo, M.Sc.A., Ph.D.
Vice President Exploration
lrbernier@yorbeauresources.com
www.yorbeauresources.com

or

Sun International Communications
Nicole Blanchard
Investor Relations
450-973-6600
Nicole.blanchard@isuncomm.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Yorbeau Resources Inc.

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CODE : YRB-A.TO
ISIN : CA9861913023
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Yorbeau est une société d’exploration minière d'or basée au Canada.

Yorbeau détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont ROUYN, ASTORIA, AUGMITTO & CINDERELLA, LAKE GAMBLE BLOCK, BESCHEFER et ELLISON au Canada.

Yorbeau est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 22,4 millions CA$ (17,5 millions US$, 15,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2000 à 1,80 CA$, et son plus bas niveau récent le 24 avril 2015 à 0,04 CA$.

Yorbeau possède 263 440 266 actions en circulation.

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Nominations de Yorbeau Resources Inc.
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31/10/2007 Appoints Thomas Robyn as President a =?ISO-8859-1?Q?nd=20CE...
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25/02/2010(Rouyn)Update on 2010 Drilling Program
21/01/2010(Astoria)Initiates 2010 Drilling Program With Two Drill Rigs
10/09/2009(Augmitto & Cinderella)Drilling Activity Update
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11/02/2009(Rouyn) Summarizes 2008 Results on its Rouyn Property, Quebec
10/02/2009(Lake Gamble Block) Reports Last Results From 2008 Drilling
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