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MONTREAL,
QUEBEC--(Marketwire - Aug. 7, 2009) - Yorbeau Resources, Inc.
("Yorbeau"')(TSX:YRB.A) is pleased to report that it
continues to drill the Cinderella East target of its Rouyn property.
Two diamond drill rigs are operating in the area where a zone of high
grade gold mineralization was discovered during the Company's 2008
drilling campaign. This zone, which was penetrated by drill holes
08-CI-464 (8.1 g/t Au over 7.0 m) and 08-CI-467 (23.9 g/t Au over 4.8
m) (see press releases of September 25, 2008 and January 20, 2009), is
located about 700 metres east of the historic Cinderella prospect (see
accompanying drill location map, longitudinal section and target
location map).
Longitudinal section: http://media3.marketwire.com/docs/Cinderella13.jpg
Drill location map: http://media3.marketwire.com/docs/Cinderella_drilllocation.pdf
Target location map: http://media3.marketwire.com/docs/Rouyn_property_target.pdf
Rather than focus on defining the known mineralization, the Company's
exploration strategy is to carry out a program of widely-spaced drill
step outs. The objective of the current drilling program is to
demonstrate that the Rouyn Property has the potential to host
significant additional tonnage of mineralized rock rather than extend
in incremental fashion the known mineralization. While two new
discoveries were made on the Property during the 2008 drilling campaign
in the vicinity of the Cinderella East and Lake Gamble targets,
extensive areas of the Property remain unexplored. By using a
widely-spaced drilling pattern the Company is able to test more of its
prospective ground in order to better evaluate the overall potential of
the Property. This strategy entails greater risk with respect to any individual
drill hole as it is intentionally drilled a good distance from known
mineralization.
To date, complete assay results from seven holes have been received,
and results are pending from an additional four holes which have been
completed. Results from hole 510 are considered to be significant in
that the hole encountered a 17 m interval of gold-mineralized albitized
dyke. While not economic, this is regarded as having considerable
significance as such formations have long been associated with several
large gold mines along the Cadillac Break (Kerr-Addison, Kiena,
Kirkland Lake) and the Destor-Porcupine Break (Harker-Halloway,
Timmins). Where mineralized, albitite can offer orebodies of relatively
uniform thickness and grade.
Hole 510 intersected a broad zone of gold-bearing albitized dyke, as
shown in the following table.
--------------------------------------------------------------------------- Drill From To Core Length Approx. True Au g/t Rock Unit Hole (m) (m) (m) Width (m) --------------------------------------------------------------------------- 510 532.8 550.0 17.2 13 0.94 Albitized Dyke ---------------------------------------------------------------------------
"These results are
encouraging for the Cinderella East target," stated Yorbeau's
President and CEO Thomas L. Robyn, "because this is the first
significant intercept of a gold-mineralized albitized dyke in our
drilling program. Drilling with two rigs will continue in accordance
with the Company's exploration strategy."
The qualified persons under National Instrument 43-101 are Thomas L.
Robyn Ph.D., CPG, RPG, and Laurent Halle, P.Geo., who have reviewed and
approved the content of this release.
Samples are analyzed at ALS-Chemex in Val-d'Or, Quebec. All samples are
analysed by standard fire assay. Samples returning more than 3 g/t are
re-analyzed by fire assay with a gravimetric finish. Samples returning
more than 6 g/t and those with visible gold have their rejects analysed
by a metallic sieve method. 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'etre 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.
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