Yorbeau Resources Inc.

Yorbeau Resources Inc.

June 14, 2007 12:00 ET

Yorbeau Holds Annual General Meeting: Company Initiates an Exciting Exploration Phase

MONTREAL, QUEBEC--(Marketwire - June 14, 2007) - Yorbeau Resources (TSX:YRB.A) hosted its Annual Shareholders' Meeting today at the Fairmount Queen Elizabeth Hotel in Montreal.

Chairman David Crevier outlined the three major achievements of the year 2006; the digitization and consolidation of the database containing all of the historic and recent drilling information for the Augmitto deposit; the successful 2006 gold exploration program which demonstrated the tremendous potential of the Rouyn 12-km long property; and finally, the completion of a $4.565 million financing to pursue Yorbeau's exploration program and for general working capital needs.

G. Bodnar, President, detailed the completion of the surface work required for the bulk sampling program and the surface drilling program to confirm and enhance Yorbeau's gold resources.

Vice-President Exploration and COO, Louis Bernier, expects to realize up to 15,000 meters of exploration drilling over the next 18 months. The two main objectives of this program will be to target new gold structures, and increase the resources calculation.

The Company looks forward to reporting very exciting progress in the months ahead.

Forward-looking statements: Except for statements 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

  • Yorbeau Resources Inc.
    G. Bodnar Jr
    Yorbeau Resources Inc.
    Louis Bernier
    Vice President Exploration
    Sun International Communications
    Nicole Blanchard
    Investor Relations