- Business
- Yorbeau Resources Inc. is a Canadian entity primarily focused on the acquisition, exploration, and development of mineral properties situated within Quebec, Canada. The company actively seeks deposits of various metals, including gold, silver, copper, and zinc. In a significant strategic move, Yorbeau completed the sale of its Rouyn gold property to Lac Gold (Rouyn) Inc. for C$25 million, which concluded in December 2024. This transaction included a 2% net smelter returns royalty retained by Yorbeau on future mineral production from the property. The proceeds from this sale are designated to fund further exploration and pre-development work across its other properties. Currently, Yorbeau is intensifying its exploration efforts on its Scott Lake project, a zinc-copper deposit located near Chibougamau, Quebec. This project is composed of three entirely owned claim blocks, holding an indicated resource of 3.6 million tonnes grading 0.95% copper and 4.17% zinc, alongside an inferred resource of 14.3 million tonnes at 0.78% copper and 3.19% zinc. Recent exploration programs have also included drilling on the Beschefer property in northwestern Quebec, which is situated near the B-26 base metal deposit. The company maintains a diverse portfolio of other projects in Quebec, including the Estrades-Caribou property, known for its high-grade massive sulphide mineralization, the Selbaie West property, and the Landrienne, Lemoine, Gemini-Turgeon, Joutel-Explo Zinc, and Allard properties. Established in 1984, Yorbeau Resources Inc. maintains its head office in Montreal, Canada.