Yorbeau Resources Inc. is pleased to announce that it has filed on SEDAR a Technical Report in compliance with National Instrument 43-101 on a Preliminary Economic Assessment of the Company's 100% owned Scott Lake Project near Chibougamau, Quebec. The Technical Report was prepared by Roscoe Postle Associates Inc. . Under the base case PEA, the [...]
Yorbeau Resources Inc. is pleased to announce the acquisition of the KB property located in McCorkill township 35 kilometres east of the town of Chibougamau. The property is comprised of 30 claims covering 16.7 square kilometres located in the eastern limit of the Abitibi belt of Quebec . The property is easily accessible through an excellent [...]
Yorbeau Resources Inc. announces that it has been advised by KG Exploration Inc., an affiliate of Kinross Gold Corp. , that it will terminate its option to purchase a 100% interest in Yorbeau's Rouyn Property. As a part of an option agreement , Kinross had committed to spend C$3 million in exploration on the Property in the first 18 months [...]
all values in Canadian $'s unless noted otherwise) Base Case: All Ramp Scenario with New Concentrator at Mine Site Net Cash Flow - Pre-tax Net Cash Flow of $515.8 million IRR - Pre-tax IRR of 16.5% with a 6-year payback NPV - Pre-tax NPV of $144.0 million Operating Costs - Life of mine Opex Costs of $89.02/ton...
- 23.7 g/t gold over 4.1 m and 19.3 g/t gold over 4.1 m in holes AS-17-678 and AS-17-678W - 11.6 g/t gold over 4.7 m and 5.3 g/t gold over 13.0 m in holes AS-17-669 and AS-17-676W - 2016-2017 drilling campaign now completed with 22 new holes and 10 wedge-cuts totalling 24,149 metres. MONTREAL, QUEBEC--(Marketwired - Sep 19, 2017) - [...]
MONTREAL, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Yorbeau Resources Inc. (TSX:YRB) (the "Company" or "Yorbeau") is pleased to announce the appointment of Terry J. Kocisko to the Board of Directors and as member of the Audit Committee. Mr. Kocisko has a Bachelor of Commerce from McGill University in Montreal specializing in Accounting & Finance. He has [...]
Yorbeau Resources is pleased to announce that it has completed the second tranche of a $1,500,000 non-brokered private placement by issuing 2,286,429 common shares at a price of $0.105 per share for gross proceeds of $240,075.05. The Company will use the proceeds raised from the issue of the flow-through common shares to incur Canadian exploration [...]
MONTREAL, QUEBEC--(Marketwired - Aug 29, 2017) - This document corrects and replaces the press release that was sent today at 9:00 am ET. Yorbeau Resources Inc. (TSX:YRB) (the "Company" or "Yorbeau") is pleased to report results from metallurgical tests at its Scott project in Quebec. A composite sample weighing 55 kilograms was prepared from drill [...]
MONTREAL, QUEBEC--(Marketwired - Aug 29, 2017) - Yorbeau Resources Inc. (TSX:YRB.A) (the "Company" or "Yorbeau") is pleased to report results from metallurgical tests at its Scott project in Quebec. A composite sample weighing 55 kilograms was prepared from drill core selected from several representative drill holes from all mineralized zones [...]
Yorbeau Resources announces that the nominees listed in the Company's management proxy circular dated May 19, 2017 were elected as directors of Yorbeau. The detailed results of the vote for the election of directors held at the annual general meeting of shareholders on June 22, 2017 in Montreal are set out below. Nominee Votes For % For Votes [...]
MONTREAL, QUEBEC--(Marketwired - June 15, 2017) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Yorbeau Resources Inc. (TSX:YRB.A) (the "Company" or "Yorbeau") is pleased to announce that it has completed the first tranche of a $1,500,000 non-brokered private placement by issuing 11,999,285 [...]
MONTREAL, QUEBEC--(Marketwired - May 31, 2017) - Yorbeau Resources Inc. (TSX:YRB.A) ("Yorbeau" or the "Company") announced today that it has entered into an agreement to sell to Agnico Eagle Mines Ltd. ("Agnico") its net smelter royalty over the Ellison Property in the Abitibi region which the Company had received as part of its sale of the Ellison [...]