Yorbeau Resources, Inc. Class A · TSX:YRB

Yorbeau Resources, Inc. Class A — Investor Presentation (April 2018)

43 slides from Yorbeau Resources, Inc. Class A's investor presentation, April 2018

  1. Slide 1: Scott Project - Highlights

    SCOTT PROJECT - HIGHLIGHTS Emerging zinc producer in Chibougamau mining camp

  2. Slide 2: Chibougamau Mining Camp

    CHIBOUGAMAU MINING CAMP Chi jougamau Camp Selco Lens Opemisk Mine to Ce rn - noe a "4 A lbs copper ‘Ss oie 1.2B 0.8 Moz gold \ ‘Lemoine Mine ave’ \ Legend oe , ee ona, . 5 \ 4.2% Cu, 9.8% Zn, [___] Prospective horizon 1 ke ee \ ; 4.2g/t Au, 83g/t Ag LC] eS ior oe ~~ promatte® / \ Lac Doré Complex St

  3. Slide 3: Regional Geology

    Regional Geology Plutons tardifs Plutons précoces Gneiss Fm. Chibougamau Lac Scott * Fm. Haiiy Fm. Stella et Chebistuan Complexe de Cummings Fm. Blondeau et Bordeleau Fm. Gilman Complexe du Lac Doré Fm. Waconichi /Modifié de Goutier et'Melancon’.2007 al meee oN. BUBSUBBEEOOR Fm. Obatogamau

  4. Slide 4: Chibougamau Camp (forgotten mining camp?)

    Chibougamau Camp (forgotten mining camp?)  20 mines, production: 43 Mt @ 1.7% Cu et 2.3 g/t Au  1.62 billion pounds (738,242 tonnes) of copper  3,234,229 ounces of gold  The most important copper district in eastern Canada from 1960 to 1972  In addition: a VMS mine (Lemoine): among the highest

  5. Slide 5: Property Geology

    Property Geology Pluton de Chibougamau Granite, granodiorite Bordure (diorite, aplite, basalte) Complexe du Lac Doré ? Tonalite, diorite 4 quartz Formation de Gilman Rhyolite Andésite-dacite (volcanoclastique) Basalte, gabbro, chert, exhalite a Gabbro type Gilman Formation de Waconichi Porphyre a qu

  6. Slide 6: Mineralized zones

    Mineralized zones Lentille GAP

  7. Slide 7: Vertical sections

    Section 1900W Section 1400W Lentille GAP Section 800W Vertical sections Section 0W

  8. Slide 8: Section 400W

    g g bs) fa) fe) 8 N S 3 S| SL-42 Ss =} =) s21sp ~ 82-43 a4 O/61-7 61-2 61-4 2|si-44 SL-30 51-34 ‘SL-36 Z| SL-46 SL-49 sL-s2= rd om a iat lay fatal int A Selco-Scott Lens -200m Chibougamau Pluton 400m 600m Section OOOW 800m

  9. Slide 9: Section 800W

    200S OOON Chibougamau Pluton « 800 » Lens Noog. 4 7 om ~ |’ Sf 4 a a -200m 400m -600m Section 800W -800m

  10. Slide 10: Section 1400W

    oO Zz o= Q 8 S sC54 scoo 8 Ss N a oS SG-23 SC-18 $¢-152! SL-101 Zz 9-9 Om X -200m Central ens 3 zones \ 400m Chibougamau Pluton -600m SecTION 1400W -800m

  11. Slide 11: Section 1900W

    D Zz x ) 8 8 8 3 8 8 S| 6Sf? 8 N Om £ = oO 2 o Ps -200m Chibougamau Pluton 400m 600m GAP Section 19700W -800m

  12. Slide 12: Location of level plans

    Plan -450m Location of level plans Plan -650m Plan -850m

  13. Slide 13: Plan -470m

    800N 600N 400N 200N OOON eS West Lens Mo0ce Mo00c. AMAOO9I Moor MOOI AMAOOOL PLAN -470m

  14. Slide 14: Plan -670m

    800N 600N 400N POON OOON \ MOO0ce MOO0d. Moos GAP Lens MOO91 Moorl MOOcI MQOO! PLAN -670m

  15. Slide 15: Plan -870m

    B00N x aw, Cy # ww os) 7 7 wei? 600N 77 7? 7 47 0. \|7 N Open nmooze® AA000Z. Chibougamau Pluton pein _ MOOS! MOO! NA00TL M000! PLAN -870m

  16. Slide 16: Alteration index

    FRESH ALTERATION INDEX 1 2 3 4 CORE EDGE 4 high SERICITE/CHLORITE 2 3 1 Low SERICITE/CHLORITE CHLORITE & QUARTZ SERICITE DESTRUCTION FELDSPAR DESTRUCTION

  17. Slide 17: Scott Project Surface lithogeochem

    Scott Project Surface lithogeochem 0 200 500 Selco-Scott lens metres

  18. Slide 18: Scott Project Lithogeochem -500m

    Scott Project Projet Scott -500m Lithogeochem Lithogeochem -500m 0 200 500 metres

  19. Slide 19: Very large hydrothermal system!

    Scott Project Very large hydrothermal system ! Lithogeochem -500m 0 500 metres

  20. Slide 20: West Lens – Zinc zone

    West Lens – Zinc zone SC-34: 0.1% Cu, 34.9% Zn, 14 g/t Ag / 6.8m

  21. Slide 21: West Lens (stringers)

    West Lens (stringers) SC-34: 3.7% Cu, 4.5% Zn, 0.6 g/t Au, 132 g/t Ag / 13.4m

  22. Slide 22: Lentille Centrale

    Lentille Centrale SC-66: 1.0% Cu, 6.8% Zn, 38 g/t Ag / 15.5m

  23. Slide 23: Recent drilling GAP Lens SC-87W2

    Recent drilling « GAP Lens » SC-87W2: 0.5% Cu, 9.7% Zn, 0.5 g/t Au, 29 g/t Ag / 46.3m Press release of Octobre 20, 2016

  24. Slide 24: Recent drilling GAP Lens SC-87W2

    Recent driling « GAP Lens » SC-87W2: 0.5% Cu, 9.7% Zn, 0.5 g/t Au, 29 g/t Ag / 46.3m, incluant: 17.3% Zn & 38 g/t Ag/ 6.0m

  25. Slide 25: 3D Isometric View of Scott Lake Wireframes

    3D Isometric View of Scott Lake Wireframes Looking Northeast AY CFO | Scott Lake Rhyolite Ss @RPA Ressources solides comme te roc. Consels énroues. 0 250 500 750 1000

  26. Slide 26: 3D Isometric View of Scott Lake Wireframes

    3D Isometric View of Scott Lake Wireframes Looking Southeast Scott Lake Rhyolite 0 250 500 750 1000 t er — Metres

  27. Slide 27: View looking NE

    View looking NE Selco Central West 800 Gap CFO

  28. Slide 28: Selco 3D Isometric View

    Selco 3D Isometric View of Scott Lake Wireframes Looking Southeast Central Gap Zone Scott Lake Rhyolite 0 250 500 750 1000 E er —=

  29. Slide 29: 3D View of Massive Sulphide Wireframe Models

    3D Isometric View of Scott Lake Massive Sulphide Wireframe Models and Sulphide Stringer Blocks above NSR $65/t Looking Southeast 9100200 300400500 —— ae @RPA 7 Ressources socies comme Jeroc. Conseils éprouves.

  30. Slide 30: Block Model, Depth -480m

    1700W 1800W 1700W 200N Favorable Favorablehorizontal horizontalwidths! widths! 100N 0 10 20 30 BlockModel Block Model(RPA (RPA2017) 2017) metres Depth Depth - 480m - 480m

  31. Slide 31: Block Model, Depth -680m

    1900W 2000W N Favorable horizontal widths! N 10 20 30 Block Model (RPA 2017) metres Depth - 680m

  32. Slide 32: Mineral Resources - Scott

    Mineral Resources * - Scott Category Tonnes %Cu %Zn g/t Au g/t Ag Indicated 3,567,000 0.95 4.17 0.2 37 Inferred 14,281,000 0.78 3.49 0.2 22 Total 17,847,000 0.8 3.6 0.2 25 * 2017, in accordance with NI 43-101 Technical Report

  33. Slide 33: Metal in Situ

    Metal « in Situ » • Copper: 320 million pounds • Zinc: 1.4 billion pounds • Silver: 14.5 million ounces • Gold: 126,237 ounces Exploration Potential  at depth  west of regional Gwillim Lake fault

  34. Slide 34: Faille Gwillim

    Exploration potentiel at depth and to southwest Faille Gwillim

  35. Slide 35: Metallurgical tests completed in 2017

    Metallurgical tests Copper concentrate completed in 2017 25% Cu Zinc concentrate 55% Zn

  36. Slide 36: Mine Development Layout

    MINE DEVELOPMENT LAYOUT 500RL. cau _ ELEVATION PORTAL as VENT RAISE VENT RAISE RAR \ VENT VENT RAISE RAR pe | — eens nce | t- 250m CENTRAL ZONE 34 ZINC ZONE SELCO ZONE ORL + 500m, INTERNAL RAMP | j~ 7501 GAP ZONE ™ -500RL CFO ZONE U + 1000m INTERNAL RAMP STRINGER RHYOLITE ZONE Yorbeau Resources Inc.

  37. Slide 37: Preliminary Economic Assessment – Summary

    Preliminary Economic Assessment – Summary Zn: $US1.30/lb - Cu: $US3.50/lb - $C1.00=$US0.80 Net Sales LOM  $1.98 billion (NSR) Net Cash Flow  Pre-tax Net Cash Flow of $515.8 million IRR  Pre-tax IRR of 16.5% with a 6-year payback NPV  Pre-tax NPV(8%) of $144.0 million  Life of mine (“LOM”) Opex

  38. Slide 38: Preliminary Economic Assessment - Details

    Preliminary Economic Assessment - Details Operating costs Pre-production capital costs ($/t milled) $(millions) Mining 54.14 Mining 52.58 Processing 27.49 Processing 60.00 General & Administration 7.40 Infrastructure 15.78 TOTAL 89.02 Tailings 4.65 Sub Total 133.01 EPCM* 46.55 Contingency 35.92 TOTA

  39. Slide 39: Preliminary Economic Assessment - Details

    Preliminary Economic Assessment - Details Peak annual production Peak period Average (per year) Zinc concentrate 72,400 tonnes years 9-12 Zinc metal (payable) 75 million pounds Copper concentrate 28,467 tonnes Copper metal (payable) years 5-8 15 million pounds Silver metal (payable) 395,835 ounces

  40. Slide 40: Low cash cost zinc producer

    Low cash cost zinc producer (net of by-products) millions $ Cdn pounds of payable zinc 810.9 $/lb payable zinc mining 650.9 0.80 $ processing 330.5 0.41 $ G&A 85.6 0.11 $ Treatment (Zn conc.) 177.0 0.22 $ Transport (Zn conc.) 47.0 0.06 $ total operating 1,291.0 1.59 $ Cu credits 673.5 0.83 $ Ag cred

  41. Slide 41: Summary

    SUMMARY  Vigourous and extensive (3km!) VMS system  Possible presence of large VMS deposit!  Resources of nearly 18 Million tonnes  Polymetallic Cu-Zn-Au-Ag , multiple lenses  Excellent exploration potentiel  Favorable geometry (good horizontal widths)  Very favorable location  Infrastructur

  42. Slide 42: Next Steps – Scott Project

    Next Steps – Scott Project • Exploration: drilling planned on high priority targets • Extension of system to the west of regional Gwillim Lake fault • Search for financing and senior partner • Possible underground program to bring Inferred resources to Indicated category • Feasibility study • Techni

  43. Slide 43: Merci! Meegwetch! Thank you!

Yorbeau Resources — Investor Presentation (April 2018) on 6ix