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Yorbeau Resources Drilling Program with IAMGOLD at the Rouyn Project

Mining News - Published on Thu, 23 Jan 2020

Image Source: Yorbeau Resources Rouyn Project
Yorbeau Resources Inc announced that diamond drilling has commenced at its Rouyn property with its 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 in Canada.

The Rouyn Property is located about 4 km south of Rouyn-Noranda, Quebec. With a long history of mining, the city of Rouyn-Noranda offers many advantages for mining exploration, including political and social stability, good access and infrastructure, skilled mining personnel, and one of the most mining-friendly jurisdictions in the world. The Rouyn Property covers a 12-kilometre stretch of the Cadillac-Larder Lake Break. The Astoria deposit already benefits from significant underground infrastructure including a 515 metre deep shaft and over 5 kilometres of lateral workings.

Two drill rigs have now mobilized to the property and a program of approximately 14,000 metres is planned. The initial focus of the program will be on the Lac Gamble zone with the objectives of converting exploration potential to mineral resources and of testing the possible extension of the zone to the west. The Lac Gamble zone remains indeed open to the west as indicated by the 2019 drilling program

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Posted By : Arun Huidrom on Thu, 23 Jan 2020
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