Montreal, 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 Limited ("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 Property to Agnico in 2002.

The purchase price for the net smelter royalty is $2.25 million and was paid in cash by Agnico upon execution of the agreement. In addition to the sale of the net smelter royalty, the remaining instalment of the 2002 sale in the amount of $500,000, which was payable only upon commencement of commercial production, would no longer be payable.

Yorbeau plans to use the proceeds from the sale for working capital purposes.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the subject of NI 43-101 technical reports that include resource estimates. The Company has signed an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources (see press release dated March 30, 2017).

More information on the Company may be found on the Company’s website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Vice President
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202

Toll free in North America: 1-855-384-2202

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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• 2.5 metres of 2.9% copper, 6.9% zinc and 44.4 g/t silver
• 0.8 metre of 6.6% copper, 9.7% zinc and 63.4 g/t silver

Montréal, May 30, 2017- Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to report the final results from its 2017 winter drill program on its 100% owned Caribou project in Quebec. A drill program consisting of 5 drill holes totalling 3,477m has been completed with the objective of testing geophysical anomalies located 300m west of the known deposit and filling an important undrilled gap within the Caribou massive sulfides lens. Specifically, there was a 280m gap located between CAR-18 (0.9% Cu, 13.5% Zn, 0.6 g/t Au, 41 g/t Ag over 0.4m) and CAR-31 (0.4% Cu, 5.8% Zn. 0.3 g/t Au, 18 g/t Ag over 4.1m) which were drilled in 2010 and 2013 respectively (see attached Figure 1). Two holes were drilled in this gap, CAR-31W (wedge cut drilled from original hole CAR-31) and CAR-30 (deepening of CAR-30 drilled in 2013), and both intersected massive sulfides.

Assay results are shown below:

ASSAY RESULTS – DDH CAR-31W (weighted averages)

At the depth of the mineralized zone in CAR-31W, the dip of the hole was at 53 degrees and the horizontal thickness of the mineralization therefore represents 60% of the core length.

ASSAY RESULTS – DDH CAR-30E

At the depth of the mineralized zone in CAR-30E, the dip of the hole was at 48 degrees and the horizontal thickness of the mineralization therefore represents 70% of the core length. The three holes that were drilled to test geophysical anomalies to the west of the Caribou deposit (CAR-34, CAR-34W and CAR-35) failed to return significant mineralization and the conductors were explained by pyrrhotite.

The Caribou project is located in Northwestern Quebec approximately 95km NE of the town of La Sarre and is easily accessible via public roads and a forestry road that provides access to the former Estrades mine. The recent drilling took place along the western extension of the Estrades mine where exploration work carried by Cogitore led to the discovery of a new massive sulphide deposit in February 2009. Including the 2017 drilling, ten holes have so far intersected a thin but high grade massive sulphide lens (sheet) and the weighted average (by length of intersections) of the ten holes drilled to date on the Caribou lens is 2.8% Cu, 6.9% Zn, 1.1 g/t Au and 52.6 g/t Ag over a core length of 1.8 metres. Company management continues to be encouraged by the persistent high grades intersected within the Caribou massive sulphides which remains open at depth (Figure 1).

All drill core discussed in this press release was logged and marked up for assay at the Company’s secure facility in La Sarre, Quebec. Drill core for assay was split in half. Half of the core was shipped in sample bags with appropriate standards, duplicates and replicates used for quality control purposes. The other half of the core is retained for future reference. Samples were shipped to Laboratoire Techni-Lab S.G.B of Ste-Germaine.

Work is carried out by the personnel of Yorbeau, under the supervision of Sylvain Lépine, P. Geo., M.Sc He is a qualified person (as defined by NI 43-101) and has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the subject of NI 43-101 technical reports that include resource estimates. The Company has signed an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources (see press release dated March 30, 2017).

More information on the Company may be found on the Company’s website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Vice President
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202

Toll free in North America: 1-855-384-2202

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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MONTREAL, May 11, 2017 - Yorbeau Resources Inc. (TSX:YRB.A) ("Yorbeau" or the "Company") announced today that Mr. Ercan Ugur has decided to leave his position as Chief Financial Officer. Yorbeau has appointed George Bodnar Jr. to assume the role of Vice-President and interim Chief Financial Officer.

Mr. Bodnar Jr. currently serves as Vice-President of Yorbeau and has been a director of the Company since 1997. A veteran of the natural resources industry, he was president of the Company from 1997 to 2007. He is also a C.A. and was a founding partner of Côté Bodnar, Chartered Accountants (since acquired by Samson Bélair Deloitte & Touche). Mr. Bodnar Jr. has served as a director of numerous private and public companies, and as a director of several charitable and non-profit organizations.

About Yorbeau Resources Inc.

The Company's 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the subject of NI 43-101 technical reports that include resource estimates. The Company has signed an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources (see press release dated March 30, 2017).

More information on the Company may be found on the Company's website at www.yorbeauresources.com.

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 further information, please contact:

Gerald Riverin, PhD, P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
819-279-1336

G. Bodnar Jr.
Vice President, Chief Financial Officer
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
514-384-2202
Toll-Free in North America 1-855-384-2202

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• Over 16,000 metres of drilling completed
• High grade gold intercepts at Lac Gamble confirm potential at depth

Montréal, May 8, 2017 - Yorbeau Resources Inc. (TSX: YRB.A) (the "Company" or "Yorbeau") is pleased to report on the exploration drilling done by an affiliate of Kinross Gold Corporation ("Kinross") on the Company's 100% owned Rouyn property ("Property") in Quebec, Canada. The Company signed a definitive agreement with Kinross in October 2016, whereby Kinross has the option to acquire a 100% interest in Yorbeau's Rouyn property ("Property") in Quebec, Canada.

In order to earn the purchase option, Kinross must fund C$12 million dollars of exploration expenditures over a 4-year period, including a firm commitment to spend C$3 million in the first 18 months and no less than 12,500 meters of diamond drilling.

As operator, Kinross has already completed a total of 16,048 metres of drilling in 23 holes. This drilling includes wedge-cuts and holes aborted due to excessive deviation. The meterage completed satisfies the minimum commitment of 12,500 metres specified in the agreement. Kinross reports that as of  the end of March 2017 it has spent approximately C$1.9 million towards the C$3 million firm commitment.

The overall goal of the program is to identify high-grade ore shoots within the broad mineralized gold corridor represented by the Piché Group of ultramafic rocks. Two main areas on the property, Astoria and Lac Gamble, have been actively tested since the beginning of the drill program at vertical depths typically exceeding 600-700 metres. While assays are still pending for several holes numerous  assay intervals exceeding 3.0 grams of gold per tonne have been reported, as shown below:

Note: uncut assay grades are reported and depth intervals are core length.

Astoria Zone

Lac Gamble Zone

The core lengths reported above are not true thickness. The horizontal widths range from 75 to 85% of the core lengths. The assays reported for the Lac Gamble zone include a wedge cut drilled in 2012 by Yorbeau and which was assayed in 2017 using the metallic screen fire assay method.

Drill hole locations are shown on the attached longitudinals (Figures 1 and 2).  Two drill rigs have been operating since the beginning of the program but was reduced to one drill rig in early April due to wet spring conditions. In addition to the mineralized intervals described in the above table, the longitudinals also show the recent holes with lower grades as well as the pierce points of holes previously drilled by Yorbeau. Significantly, the new drilling on Lac Gamble has outlined a high grade shoot with an apparent vertical continuity of over 200 m (Figure 2) and further drilling is in progress to test the strike length.

Gérald Riverin, Company president commented: "We are very pleased with the work progress at the Rouyn property and with the exploration program established by Kinross in cooperation with the Yorbeau staff. The on-going program is generally confirming the extension of the mineralized systems at depth and we are looking forward for additional encouraging results at the Rouyn project".

Work at Yorbeau is carried out under the supervision of Gérald Riverin, PhD, P. Geo. He is a qualified person (as defined by NI 43-101) and has reviewed and approved the content of this release.

The design of the drilling program, Quality Assurance/Quality Control and interpretation of results is under the control of Kinross' and Yorbeau's geological staff, including qualified persons employing a strict QA/QC program consistent with NI 43-101 and industry best practices. Drill core is logged and split with half-core samples packaged and delivered to ALS Minerals laboratory in Val d'Or, Quebec.  Thorough QA/QC protocols are followed on the project including insertion of duplicate, blank and standard samples in all drill holes. All samples are analyzed by Fire Assay with an Atomic Absorption (AA) finish using a 50 gram aliquot of pulverized material. Assays exceeding 3 g/t Au are re-assayed by Fire Assay with a Gravimetric Finish. Samples with visible gold are processed with a protocol involving fine grinding of the entire sample, followed by metallic screen analysis on one kilogram of pulverized material.

About Yorbeau Resources Inc.

The Company's 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the subject of NI 43-101 technical reports that include resource estimates. The Company has signed an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources (see press release dated March 30, 2017).

More information on the Company may be found on the Company's website at www.yorbeauresources.com.
For further information, please contact:

Gérald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Vice President
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.:  514-384-2202
Toll free in North America: 1-855-384-2202

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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Montréal, March 30, 2017- Yorbeau Resources Inc. (TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased announces that it has filed on SEDAR a Technical Report in compliance with National Instrument NI-43-101 on a mineral resource estimate at the Company’s 100% owned Scott Lake Project near Chibougamau, Quebec. The mineral resource estimate was prepared by William E. Roscoe, Ph.D., P.Eng. and Katharine Masun, MSA, M.Sc., P.Geo. of Roscoe Postle Associates Inc. (“RPA”).

The Mineral Resource estimate prepared by RPA for the Scott Lake Project as of February 14, 2017 is summarized in below:

Notes:

• CIM definitions were followed for Mineral Resources.
• Mineral Resources are estimated using a C$100/t net smelter return (NSR) cut-off value for massive sulphide zones and C$65/t NSR cut-off value for sulphide stringer lenses.
• Mineral Resources are estimated using a copper price of US$3.25/lb, a zinc price of US$1.20/lb, a gold price of US$1,500/oz, a silver price of US$22/oz, and an exchange rate of US$0.80 to C$1.00.
• A minimum mining width of 2 m was used.
• Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
• The numbers may not add due to rounding.

It should be noted that compared to the mineral resource estimate reported in the February 14, 2017 press release the table above shows a small increase in resources as a result of further internal review by RPA.

The Scott Project consists of a number of mineralized zones that have all the characteristics of volcanogenic massive sulphide (VMS) mineralization. See attached figure (corresponding to Figure 14-1 of the Report) for location of massive sulphide and stringer zones comprising the Scott Lake deposit. VMS-style mineralization at Scott Lake comprises distinct stratabound massive sulphide lenses located mainly along or close to rhyolite-andesite/basalt contacts. In addition to the massive sulphides, separate zones of VMS-style disseminated and stringer sulphides, which may or may not be connected with massive sulphide lenses, have been found over a strike length of at least two kilometres. RPA estimated Mineral Resources for the Scott Lake Project using drill hole data available as of February 10, 2017. The current Mineral Resource estimate is based on a potential underground mining scenario using a C$100/t NSR cut-off value for massive sulphide zones and C$65/t NSR cut-off value for sulphide stringer zones.

The Yorbeau drilling programs carried out from 2015 to date have increased confidence in the continuity of the mineralization and have shown that there is potential for other discoveries. The discovery of the massive sulphide Gap Zone and the extension of the Scott Lake Stringer Sulphide Zone to the west are good examples, and have contributed most of the significant increase in tonnage in the current Mineral Resource estimate from the previous estimate completed by RPA in 2011. Continued exploration, primarily by diamond drilling, is abundantly warranted for the Property.

Among several recommendations made by RPA in the report, Company management noted the following:

• A metallurgical test work program should be carried out using existing drill core representative of different zones of massive sulphides and stringer sulphides.

• A preliminary economic assessment (PEA) is warranted to guide further exploration and evaluation work.

The Company has already initiated a metallurgical test on a representative composite sample and results are expected by the end of the second quarter of 2017. The Company is also evaluating a number of proposals to carry out a PEA.

Work at Yorbeau is carried out under the supervision of Gérald Riverin, PhD, P. Geo. He is a qualified person (as defined by NI 43-101) and has reviewed and approved the content of this release. The Technical Report and Mineral Resource estimate referred to in this press were prepared by William Roscoe and Katherine Masun. Both are employees of RPA and are independent of Yorbeau. By virtue of their education and relevant experience, they are “Qualified Persons” for the purpose of National Instrument 43-101. William Roscoe and Katherine Masun have read and approved the contents of this press release as it pertains to the disclosed Mineral Resource estimate.

About Yorbeau Resources Inc.

The Company’s 100% controlled Rouyn Property contains four known gold deposits in the 6km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the subject of NI 43-101 technical reports that include resource estimates. The Company recently announced signing an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources.

More information on the Company may be found on the Company’s website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Vice President
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202
Toll free in North America: 1-855-384-2202

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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Montréal, February 14, 2017- Yorbeau Resources Inc.(TSX: YRB.A) (the “Company” or “Yorbeau”) is pleased to report ona material increase in the updated mineral resource estimate for its copper, zinc, gold and silver project in Scott Township, Chibougamau, PQ. The mineral resource estimate was prepared by William E. Roscoe, Ph.D., P.Eng. and Katharine Masun, MSA, M.Sc., P.Geo. of Roscoe Postle Associates Inc. (“RPA”). A Technical Report in compliance with National Instrument NI-43-101 will be filed on SEDAR within 45 days of this release.

Mineral resources have been classified in the Indicated and Inferred categories as follows:

The current mineral resource estimate was done by block modeling techniques, using a minimum horizontal width of approximately two metres and a cut-off value based on a Net Smelter Return (NSR*) basis, as warranted by the style of mineralization. The resources enclose both massive sulphide and stringer sulphide lenses, and cut-off values were determined to be $100 per tonne, except for wide stringer sulphides envelopes where a cut-off value of $65 per tonne was used to account for favorable geometry that suggest potential suitability for underground bulk mining methods. All technical parameters will be fully disclosed in the Technical Report prepared by RPA,which will also be posted on Yorbeau’s web site when received.

Increases in mineral resources relative to the previous estimate prepared by RPA and filed by Cogitore Resources in 2011 are attributable to the following factors:

• Discovery and inclusion ofthe Gap Lens discovered in June 2015;
• Inclusion of the historicalSelco Lens;
• Additional drilling on the ScottLake Stringer sulphide zone and West Lens done in 2012 (after 2011 ResourceEstimate);
• Revised exchange rate (US$0.80:C$1.00 vs 1:1 exchange rate used in 2011). Stringer-typemineralization is particularly sensitive to a low Canadian dollar, smelterterms and commodity prices, especially for zinc.

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Montréal, February 9, 2017 - Yorbeau Resources Inc. (TSX: YRB.A) (the "Company" or "Yorbeau") is pleased to announce that two drill rigs are currently in operation respectively at its Caribou and Beschefer projects in northwestern Quebec. The two projects are respectively in the Casa Berardi and Detour Lake belt, where an important increase in exploration activity has taken place in the recent months (Figure 1).

The Caribou project is located in Northwestern Quebec approximately 95km NE of the town of La Sarre and is easily accessible via public roads and a forestry road that provides access to the former Estrades mine. The current drilling is taking place along the western extension of the Estrades mine where exploration work carried by Cogitore led to the discovery of a new massive sulphide deposit in February 2009. Six holes have intersected a thin but high grade massive sulphide lens (sheet) and the weighted average of the six holes drilled to date is 3.3% Cu, 6.5% Zn, 1.7 g/t Au and 66.1 g/t Ag over a core length of 1.5 metres. The planned drilling involves 2,500 metres focused on geophysical anomalies (conductors) in the vicinity of the known deposit, with the aim of finding increased thicknesses.

The Beschefer property is located in northwestern Quebec, approximately 140 NE of the town of La Sarre and 190 kilometres west of Matagami. The property s easily accessible via public and forestry roads that provide access to the former Selbaie Mine located approximately 10 kilometres to the northwest.

Significantly, the property is located immediately to the east of the B-26 deposit on which SOQUEM published mineral resources in 2016 with a Technical Report in compliance with NI 43-101 regulations. The B-26 deposit consists of polymetallic mineralization containing copper, zinc, gold and silver, with mineral resources of 6.78 Mt at 1.1% Cu and 0.5% Zn in the indicated category, and 3.99 Mt at 1.6% Cu and 0.8% Zn in the inferred category. The felsic rocks that host the B-26 mineralization have been identified and traced across Yorbeau's Beschefer property, and the planned drilling program consists of 3,350 metres in 8 holes testing geophysical anomalies (conductors) located generally along the eastern extension of the B-26 deposit and felsic host rocks package.

Work is carried out by the personnel of Yorbeau, under the supervision of Gérald Riverin, PhD, P. Geo. He is a qualified person (as defined by NI 43-101) and has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

The Company's 100% controlled Rouyn Property contains four known gold deposits in the 6-km-long Augmitto-Astoria corridor situated on the western half of the property. Two of the four deposits, Astoria and Augmitto, have substantial underground infrastructure and have been the subject of NI 43-101 technical reports that include resource estimates. The Company recently announced signing an Option Agreement with an affiliate of Kinross Gold Corporation to pursue exploration on the Rouyn Property (see press release dated October 25, 2016). In 2015, the Company expanded its exploration property portfolio by acquiring strategic base metal properties in prospective areas of the Abitibi Belt of Quebec and Ontario that also feature infrastructure favourable for mining development. The newly acquired base metal properties include Scott Lake which hosts important mineral resources. The Company also owns the Beschefer project immediately adjacent to SOQUEM's B-26 deposit and where, regionally, exploration interest has been increasing.

More information on the Company may be found on the Company's website at www.yorbeauresources.com.

For further information, please contact:

Gérald Riverin, Ph D., P. Geo
President
Yorbeau Resources Inc.
griverin@yorbeauresources.com
Tel : 819-279-1336

G. Bodnar Jr.
Vice President
Yorbeau Resources Inc.
gbodnar@yorbeauresources.com
Tel.: 514-384-2202

Toll free in North America: 1-855-384-2202

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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• 15.3 metres of 7.2% zinc, 0.8% copper and 34.6 g/t silver

Montréal, February 7, 2017 - Yorbeau Resources Inc. (TSX: YRB.A) (the "Company" or "Yorbeau") is pleased to report on recent diamond drilling results at its 100% owned Scott
Lake project in Quebec.

DDH SC-88W Section 1750W (weighted averages)

Hole SC-88W was a wedge-cut above original hole SC-88 which did not intersect mineralization and ended in barren intrusive rocks of the Chibougamau Pluton at the expected position of the Gap Lens horizon. However, hole SC-88 did intersect mineralization related to West Lens about 80 metres north of the
Gap Lens horizon.