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Cours Or & Argent

Yorbeau Resources Inc.

Publié le 31 mai 2011

Continues Drill Testing of Augmitto-Astoria Corridor

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Yorbeau Resources Inc.
TSX: YRB.A
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May 31, 2011
Yorbeau Continues Drill Testing of Augmitto-Astoria Corridor
MONTREAL, QUEBEC--(Marketwire - May 31, 2011) - Yorbeau Resources Inc. (TSX:YRB.A) ("Yorbeau") continues its 2011 drilling program with two drill rigs with an initial focus on the Augmitto mine.

The objective of the current program is to conduct in-fill and definition drilling that will aid in the preparation of a resource estimate for the Augmitto deposit compliant with NI 43-101 which is presently scheduled for completion during the month of June.

Drilling at this time is focused on the eastern portion of the Augmitto deposit which extends onto the western portion of the Cinderella Block. Based on the re-interpretation of structural data, the Augmitto deposit appears to be much more coherent than previously understood. As noted in the Company's press release of September 22, 2010, many of the historical drill holes at Augmitto did not completely penetrate the target mineralized zones, with the result that the historical primary target (lower Piche Group) was only tested by a limited number of holes.

Five drill holes have been completed for which assay results have been received. These results show that the vicinity of the Augmitto mine is mineralized with gold in several horizons, although the Piche Group and Footwall Zone remain Yorbeau's primary targets. The piercing points of the drill holes are shown in the attached longitudinal section (http://media3.marketwire.com/docs/YRB_map.jpg).

Assay results are shown below.

----------------------------------------------------------------------------
                                          Approx.                           
                                    Core     True                           
                                  Length    Width                           
Drill Hole    From (m)    To (m)      (m)      (m)   Au g/t   Host Rock Unit
----------------------------------------------------------------------------
539(1)         346.50    350.35     3.85      2.7      1.40      Piche Group
----------------------------------------------------------------------------
                380.6     382.0      1.4      1.0      1.76      Piche Group
----------------------------------------------------------------------------
                386.0     387.1      1.1      0.8      8.22      Piche Group
----------------------------------------------------------------------------
540(1)          405.0     407.0      2.0      1.4      2.24      Piche Group
----------------------------------------------------------------------------
                434.0     435.0      1.0      1.4     14.73      Piche Group
----------------------------------------------------------------------------
541(1)          49.85     50.85      1.0      0.7      2.41           BRG(2)
----------------------------------------------------------------------------
                 58.9      59.6     0.70      0.5      1.65              BRG
----------------------------------------------------------------------------
                510.0     512.0      2.0      1.4      1.44           HWZ(3)
----------------------------------------------------------------------------
                523.0     524.0      1.0      0.7      2.76      Piche Group
----------------------------------------------------------------------------
542(4)          304.0     305.0      1.0      0.7      2.28      Piche Group
----------------------------------------------------------------------------
               358.80    359.45     0.65     0.45      2.73      Piche Group
----------------------------------------------------------------------------
                388.0     389.0      1.0      0.7      1.38      Piche Group
----------------------------------------------------------------------------
                402.0     403.0      1.0      0.7     25.51      Piche Group
----------------------------------------------------------------------------
                467.0     470.0      3.0      2.1      2.01           FWZ(5)
----------------------------------------------------------------------------
543(4)          415.0     419.0      4.0      2.8      4.59      Piche Group
----------------------------------------------------------------------------
incl.           415.0     416.0      1.0      0.7      6.04      Piche Group
----------------------------------------------------------------------------
incl.           418.0     419.0      1.0      0.7      8.15      Piche Group
----------------------------------------------------------------------------
1: hole prefix 11-CI-                                                       
2: BRG = Blake River Group rock                                             
3: HWG = hanging wall zone rock                                             
4: hole prefix 11-AUG-                                                      
5: FWZ = footwall zone
 
Samples were analysed at Actlabs, AGAT Laboratories Ltd. and ALS Chemex.

Later in 2011, the Company intends to carry out a drill program of mostly in-fill and definition drilling at the Company's Lake Gamble and Cinderella East discoveries. This program will be followed up by additional resource estimates thereby growing the Company's NI 43-101 compliant resources in the four known gold deposits in the 6-km-long Augmitto-Astoria corridor.

The qualified person under National Instrument 43-101 is Laurent Halle, P.Geo., who has reviewed and approved the content of this release.

About Yorbeau Resources Inc.

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.

CONTACT INFORMATION:

Thomas L. Robyn, Ph.D.
President and CEO
Yorbeau Resources Inc.
(514) 384-2202 or Toll free in North America: 1-855-384-2202
tlrobyn@yorbeauresources.com

or

David Crevier
Chairman of the Board
Yorbeau Resources Inc.
(514) 284-3663
dcrevier@yorbeauresources.com

or

G. Bodnar Jr.
Director
Yorbeau Resources Inc.
(514) 384-2202 or Toll free in North America: 1-855-384-2202
gbodnar@yorbeauresources.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Yorbeau Resources Inc.

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CODE : YRB-A.TO
ISIN : CA9861913023
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Yorbeau est une société d’exploration minière d'or basée au Canada.

Yorbeau détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont ROUYN, ASTORIA, AUGMITTO & CINDERELLA, LAKE GAMBLE BLOCK, BESCHEFER et ELLISON au Canada.

Yorbeau est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 22,4 millions CA$ (17,5 millions US$, 15,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2000 à 1,80 CA$, et son plus bas niveau récent le 24 avril 2015 à 0,04 CA$.

Yorbeau possède 263 440 266 actions en circulation.

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