Yorbeau Resources Begins Exploration Program on its Beschefer, Selbaie West and Allard Properties in Northwestern Quebec

The February 19, 2026, news release announces the commencement of exploration drilling programs on three of Yorbeau’s properties in Northwestern Quebec: Beschefer, Selbaie West, and Allard. - Beschefer: A 2,545-meter program is underway to trace the B-26 Zone mineralization and test induced polarization (IP) anomalies. - Selbaie West: A 2,100-meter program is planned, targeting the continuity of newly identified zones, currently pending permits. - Allard: A 1,000-meter program has already tested an IP anomaly, intersecting quartz veins with pyrite; assays for gold are pending. This activity is funded by the recent $1.1 million flow-through financing (December 2025) and proceeds from the $25 million sale of the Rouyn property.

The impact of this news is Routine - Positive. While it demonstrates management is executing on its stated strategy to pivot from the Rouyn property to its other base and precious metal assets, it provides no results. - Alignment with Projections: The program is slightly delayed or reduced compared to the January 2025 projection of a $2.0 million, 11,600-meter program over 18 months. The current announcement accounts for roughly 5,645 meters of planned drilling. - Financial Execution: The company successfully transitioned from a cash-poor explorer to one with a $20 million receivable, allowing for this aggressive multi-project mobilization without immediate further dilution beyond the December 2025 placement. - Market Sentiment: The market has already priced in the "restart" of exploration; the stock is trading near its 52-week highs ($0.06-$0.07), suggesting investors are waiting for the drill bit to prove value rather than just the commencement of work.

Yorbeau Resources is a Quebec-focused explorer that recently shifted its focus after selling its Rouyn gold property to Lac Gold. - Flagship Project: The focus has moved to the Beschefer property, located in the Detour Trend, adjacent to the B-26 deposit. It is prospective for copper-zinc-gold-silver mineralization. - Secondary Projects: Selbaie West (Copper-Zinc-Nickel) and Scott Lake (Copper-Zinc). - Strategy: Use the cash flow from the $20 million Rouyn promissory note to fund high-risk exploration on its 100%-owned base metal portfolio.