The downhole geophysical survey in LEM-66W2 has been interpreted by two independent geophysicists and results clearly indicate a strong 'in-hole' type anomaly of 400 siemens. The modelled conductive plate has a dimension of 125 metres by 200 metres and its centre is located 50 metres up-east of LEM-66W2.
As published previously, quantity and texture of mineralization observed in hole LEM-66W2 do not explain this strong geophysical conductor. Therefore, in accordance with geophysicists and geologist's recommendations, Yorbeau's board of directors unanimously approved a follow-up drill hole to test the centre of the modelled plate. This follow-up hole (LEM-66W3) of 400 metres is under way using wedges and should be completed in approximately ten days.
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The Rouyn Property, wholly-owned by the Company, contains four known gold deposits in the 60-km-long Augmitto-Astoria corridor situated on the western portion of the property. The Company signed a definitive agreement in
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Forward-looking statements
Except for the statement of historical fact, all statements in this news release, including without limitation, regarding the prospects of the Lemoine project, drilling results, 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. Yorbeau disclaims any obligation to update such forward-looking statements, other than as required by applicable securities laws.
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