Yorbeau Resources Inc. is pleased to announce that it has completed a private placement by issuing 14,060,000 Class A common shares at a price of $0.05 per share for gross proceeds of $703,000.00. The Company paid a finder's fee and a brokerage commission totaling 7% with respect to a portion of the Private Placement representing $300,000.00. The Company will use the proceeds raised from the issue of the flow-through [...]
Yorbeau Resources Inc. today announces that Amit Gupta, Chief Executive Officer and Chairman of the Board of the Company, has tendered his resignation as Chief Executive Officer, effective the date hereof. Mr. Gupta will remain with Yorbeau as a director and Chairman of the Board. The Company would like to thank Mr. Gupta for his leadership and contributions. The Company has commenced a formal search for a new Chief [...]
Yorbeau Resources Inc. is pleased to announce that in order to maintain its option to purchase a 100% interest in the Rouyn property, IAMGOLD Corporation has made a cash payment to Yorbeau in the amount of $500,000 corresponding to the first of a series of interim cash payments to be made to Yorbeau during an Expenditure Period of 48 months. The terms of the definitive option agreement were announced in the Company's [...]
Yorbeau Resources Inc. is pleased to announce that diamond drilling has commenced at its KB project in the Chibougamau area of Quebec. The KB project is highly prospective for zinc and copper due to the presence of an historic high grade prospect associated with a massive sulphide stratigraphic horizon hosted within mafic and felsic volcanics. The property appears to have a geological setting similar to that found at [...]
Yorbeau Resources Inc. is pleased to report that its partner IAMGOLD Corporation released today the remaining results from its 2019 winter diamond drilling program completed at the Company's Rouyn project, located 4 km south of Rouyn-Noranda, Quebec. IAMGOLD reported assay results from an additional 17 diamond drill holes, totaling 4,946 metres. Three drill holes were abandoned due to excessive deviation and re-collared [...]
Yorbeau Resources Inc. is pleased to announce that diamond drilling has resumed at its Rouyn property with partner IAMGOLD Corporation . The Company signed a definitive agreement in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in Yorbeau's Rouyn property in Quebec, Canada. As operator, IAMGOLD has already completed a phase 1 program in the Lac Gamble zone consisting of 13,400 metres of drilling [...]
Yorbeau Resources Inc. announces that the nominees listed in the Company's management proxy circular dated May 22, 2019 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 20, 2019 in Montreal are set out below. Nominee Votes For % For Votes Withheld % Withheld Georges Bodnar Jr. 86,708,599 99.63 326,102 0.37 [...]
Yorbeau Resources Inc. is pleased to report that its partner IAMGOLD Corporation released today further results from its 2019 winter diamond drilling program completed at the Company's Rouyn project, located 4 km south of Rouyn-Noranda, Quebec. IAMGOLD reported assay results from an additional 21 diamond drill holes, totaling 6,181 metres. Results were previously reported for 10 diamond drill holes totaling 2,257 metres [...]
Yorbeau Resources Inc. is pleased to report that its partner IAMGOLD Corporation released today initial results from its 2019 winter diamond drilling program completed at the Company's Rouyn project, located 4 km south of Rouyn-Noranda, Quebec. IAMGOLD reported assay results from 10 diamond drill holes, totaling 2,257 metres. Results are pending from the remaining 38 drill holes, totaling 11,143 metres, and will be [...]
13,400 metres of drilling completed at Lac Gamble 48 holes in phase 1 drilling program Yorbeau Resources Inc. is pleased to report on the status of the exploration drilling program undertaken by IAMGold Corp. on the Company's 100% owned Rouyn property in Quebec, Canada. The Company signed a definitive option agreement with IAMGOLD in December 2018, whereby IAMGOLD has the option to acquire a 100% interest in the Property [...]
Yorbeau Resources Inc. is pleased to announce that diamond drilling has resumed at its Scott project in the Chibougamau area of Quebec. The Scott project contains a number of zinc-copper-gold-silver massive sulphide and stringer sulphide zones located in northwestern Scott Township. Based on a Preliminary Economic Assessment completed in late 2017 by Roscoe Postle Associates , the project represents an opportunity to [...]
Yorbeau Resources Inc. is pleased to announce that it has created a strategic advisory board mandated with the task of advising the Company's board of directors and management with respect to Yorbeau's corporate and operational strategy and matters related thereto. Yorbeau is excited to report that the Advisory Board's initial member will be Mr. Mackenzie Watson. Additional individuals may be added to the Advisory Board [...]
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