Yorbeau Resources is an exploration company managed by a highly respected team of industry veterans. The raison d'être of Yorbeau is to identify a world class gold deposit, and to thereby provide a major return for its shareholders. Against a backdrop of a market that is steadily more welcoming for gold, Yorbeau is poised to significantly increase the known gold resources on it's properties in northern Quebec.
Yorbeau Resources is a Canadian public company (TSX:YRB.A) involved in gold exploration in Quebec, Canada. Its properties are located in a northwestern area of the province associated with a large number of significant deposits, namely the Cadillac-Larder Lake region on the famed Abitibi Greenstone Belt. Some 200 million ounces of gold have thus far been mined in the area.
At the present time, Yorbeau is focusing on its Rouyn Property which has demonstrated the most immediate and substantial prospects for discovery of a major gold deposit and eventual mine development. Representing a consolidation of several contiguous properties strategically located on a famously productive mineralized trend in the Noranda mining camp, the Rouyn Property is divided into seven "Blocks": Augmitto, Cinderella, Durbar, Lake Gamble, Astoria, Wright-Rouyn and Lake Bouzan. Other holdings of the Company include its interest in the Beschefer Property in northwestern Quebec, as well as a net smelter return royalty on the Ellison Property in Bousquet Township of Quebec, a property that Agnico-Eagle Mines purchased from Yorbeau in 2002.
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2013-01-24Yorbeau intercepts 5.6 g/t Au over 6.0 metres and increases mineralized envelope by 30%
2012-12-06Yorbeau intercepts 3.7 g/t Au over 15 metres and continues to extend the lake gamble zone
2012-10-23Yorbeau intercepts 35.0 g/t Au over 3.0 metres and 4.3 g/t Au over 13.0 metres at a vertical depth of less than 200 metres
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