Business News

Yorbeau Drilling Intercepts Visible Gold

2008-07-22 07:58:00

Yorbeau Drilling Intercepts Visible Gold

MONTREAL, QUEBEC–(EMWNews – July 22, 2008) – Yorbeau Resources Inc. (TSX:YRB.A) Yorbeau Resources Inc. (“Yorbeau”) is delighted to announce it has intercepted visible gold in drill core from holes in the Lake Gamble area of its Rouyn property, the first of several targets to be drilled in its 2008 drilling program. Drilling locations were selected based on results of Yorbeau’s geophysical surveys along the 12 km extent of the Cadillac-Larder Lake Break (CLLB) on the property (see press release of May 21/08.) Assay results are expected in late August.

The first six holes on the Lake Gamble target have been completed, but the core has only been quick-logged and sampled. Each hole cut highly altered and silicified Piche formation, which is the target ultramafic formation on the Rouyn property and is the host rock for many gold deposits along the 275-km-long CLLB. The alteration and silicification, together with visible gold observed in core, supports Yorbeau’s exploration concept: that the 1,500 m long zone in the Lake Gamble area where the Piche host rock exhibits certain geophysical characteristics (magnetic low, resistivity high, chargeability high) is a high-priority exploration drill target.

As noted, assay results will be available at the end of August. The attached photos illustrate the presence of visible gold in the core. The following table shows some of the results:



---------------------------------------------------------------------
Drill Piche Fm Piche Fm Drill VG at Zone
Hole from to width of
of Piche
---------------------------------------------------------------------
457 247.0 m 285.7 m 38.7 m Not observed Central zone
Lac Gamble
---------------------------------------------------------------------
458 441.7 m 454.8 m 13.1 m Not observed Central zone
Lac Gamble
---------------------------------------------------------------------
459 95.6 m 163.5 m 67.9 m 116.7 m NW Lake
Gamble
---------------------------------------------------------------------
460 201.0 m 228.5 m 27.5 m 215 m NW Lake
Gamble
---------------------------------------------------------------------
461 286.5 m 319.9 m 33.4 m Not observed NE Lake
Gamble
---------------------------------------------------------------------
462 179.4 m 222.2 m 42.8 m 203 & 208 m NE Lake
Gamble
---------------------------------------------------------------------

 

Drill holes in the NE Lake Gamble section are located 200 m east of the Central zone while those in the NW Lake Gamble section are located 250 m west of the Central zone. Therefore, visible gold has been found in drill holes 450 m apart (hole 462 to 460 & 459) within the 1,500 m long priority zone, which remains largely undrilled.

The central section contains drill hole 06-S-409 that returned 11.64 g/t over 2.57 m. Holes 457 and 458 were drilled to intercept the Piche unit at shallower depths but within the same plane as hole 409. In addition, holes 459 and 460 are a short (about 20 m) offset of the 1984 hole 84-S-EB-17 that is located slightly to the east of their section, which returned 58.63 g/t Au over 1 m from the Piche at a core depth from 34 to 35.0 m (about 25 m vertical depth).

Photos of the visible gold together with a drill hole location map can be found at the following address: EMWNews.com/docs/pic_eng.pdf”>http://media3.EMWNews.com/docs/pic_eng.pdf or on the Yorbeau web page at www.yorbeauresources.com .

The qualified persons under National Instrument 43-101 are Thomas L. Robyn Ph.D., CPG, RPG, Louis R. Bernier P.Geo., Ph.D. and Claude Gagnier, P.Geo. Samples will be analyzed at Laboratoire Expert at Rouyn-Noranda and ALS-Chemex in Val-d’Or, Quebec.

About Yorbeau Resources Inc.

Yorbeau is an exploration company managed by a highly respected team of industry veterans. 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.

For more information, please contact

Sun International Communications
Nicole Blanchard
Investor Relations
450-973-6600
[email protected]

or

Yorbeau Resources Inc.
Thomas L. Robyn, Ph.D.
President and CEO
[email protected]

or

Yorbeau Resources Inc
Louis Bernier P.Geo., M.Sc.A., Ph.D.
Vice President Exploration
[email protected]

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

Related Articles

Back to top button