Renforth Resources Inc.

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Renforth has built a portfolio of five projects located on, or in the immediate vicinity of, the Cadillac Break. Stretching over 325 km between the Kirkland Lake Mining Camp in Ontario and the Val d’Or Mining Camp in Quebec, the Cadillac Break is a major geological structure that has produced mo...

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Renforth Resources Inc.

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Renforth has built a portfolio of five projects located on, or in the immediate vicinity of, the Cadillac Break. Stre......

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8020Admin

5 hours

8020Admin posted a press release Renforth Commences Exciting Summer Exploration in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / July 9, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink - RFHRF) (“Renforth” or the “Company”) is pleased to announce that that our exploration team is in the field again, at both our wholly owned New Alger and Parbec properties, focussed on our surface gold occurrences, for the month of July. Our team has several targets of their efforts as follows;


New Alger



  • Prospecting and stripping in the areas of the two access trails to the Discovery Veins stripped area



  • Prospect and strip in an area south of the Discovery Veins, looking for the surface expression of a gold bearing vein with visible gold which assayed 6.39 g/t Au over 0.9m in a 2007 Renforth drillhole, NA-07-04



  • Preliminary prospecting and potential soil sampling in the southern claims at New Alger where government data offers some of the highest soil samples obtained in the area


Parbec



  • Completion of washing the May/June 2019 stripping



  • Detailed mapping and additional sampling as warranted of newly discovered surface mineralization and structure



  • Minor strike extension stripping of newly discovered gold-bearing quartz veining in the Pontiac Sediments


“Prospecting and exploration are always exciting, being able to again create knowledge and learn more about New Alger even more so. Previously our ability to work at New Alger, contiguous to Agnico-Eagle’s LaRonde Mine, was limited by our focus on earning 100% at Parbec, this having been achieved we can now fully explore our portfolio as planned and funded this summer. As stated we will advance New Alger, Parbec and our Nixon-Bartleman property in Ontario this summer, our other two wholly owned gold bearing properties are joint ventured out to SOQUEM and Chalice Gold, the latter having sold their Quebec division to O3 (a new company formed via an RTO by Osisko Mining), O3 will be our new partner, a development we look forward to, upon the transaction closing,” states Nicole Brewster, President and CEO of Renforth.


About the work on New Alger


In the Fall of 2017 Renforth undertook a stripping program which exposed 230m, of a known ~500m, of gold in quartz veining located in the Pontiac sediments approximately 250m south of the Cadillac Break and the former Thompson-Cadillac mine and its’ resource estimate at New Alger. This newly exposed mineralized system was detail mapped, sampled and studied in thin-section, all of which concluded that there are in fact two separate veins, bisected by a potentially offsetting fault, this fault is interpreted as continuing to, and forming the western margin of, the historic underground mine workings for Thompson-Cadillac.


The available historic record indicates that, in the 1930’s, there were drillholes drilled from the main shaft at a depth of 300m to both the north and the south, with interesting findings in both. Underground development took place after the drilling, there is no record of what was found underground, but, it is interesting to note, the underground development to the south finishes under a series of historic blast pits uncovered during Renforth’s stripping program where Renforth channeled 2.65g/t Au over 3.7m and 1.95g/t over 5.6m (PR Nov. 6 2017), hosted in blue/black quartz, along with evidence of additional blasting and trenches, all of this forming the discovery location for the property in 1924, also named the Discovery Veins by Renforth.


At New Alger there are 2 access trails to the Discovery Vein area, in both quartz veining has been observed, the eastern-most trail is interpreted to be almost directly over the historic drilling, which records gold results. The historic gold results in the northern (beginning) part of the drillhole have been seen in nearby Renforth drilling, however, additional historic results between the Discovery Veins and the southern limit of Renforth’s drilling have not, our field crew will prospect and strip in order to locate any surface expression of the gold values in the south part of the historic drillhole. The western access trail ends in the approximate location of the fault in the Discovery Veins, Renforth will be looking for the extension of the western vein through the fault, historically the underground development did go through the fault to the main blast pit, located on the western vein.


Renforth discovered, last summer when moving core in the core yard, previously un-logged visible gold in core from a 2007 drill hole, which was assayed but not logged as visible, nor did any subsequent core reviews or moves make note of this. The gold is fine grained, present on both the cut side and the rounded side of the sawn witness core, located within a blue quartz vein. This intercept is located at a vertical depth of 25m, Renforth will look for a surface expression.


The southern claim block at New Alger has been initially prospected, subsequent to this detailed geophysics have been flown and additional historic records found. The soil survey indicates a heightened level of gold in soil in an area of New Alger not previously examined, prospecting and a confirmatory soil sampling program is planned. Gold in soil typically offers very low grades but is of interest as a pathfinder as it is thought that at New Alger the soil would not be far removed from the source of the gold.


About the work on Parbec


As recently press released Renforth had a successful May 2019 campaign at Parbec, discovering new gold bearing structures on surface in the Pontiac sediments, associated with the previously discovered Diorite Splay structures. This success occurred despite equipment failure, the washing portion of that program was only approximately 30% completed, much of the cutting and sampling which was done was “blind”, detail mapping was not completed. With the ability to wash the stripped ground Renforth’s geologists have already commenced additional sampling and may choose to return for minor amounts of additional stripping, specifically in the Diorite Splay/Pontiac Contact area where a surface sample of 1.03 g/t Au over 0.2m in a channel was the surface expression of deeper drill intercepts at ~75 and 200m depth (press release June 26 2019). The narrow quartz vein set will be opened up along strike in order to look for widening or splays.


Parbec is located contiguous to the Canadian Malartic Mine, Canada’s largest open pit gold mine. Renforth has established a resource estimate of >650,000 ounces of gold located within the Cadillac Break, in a 200m wide (n/s) schistosed unit interlayered between the Pontiac sediments to the south and the basalts (volcanics) to the north. The resource estimate is contained within ~900m of the known ~1800m of strike (e/w) length of mineralization at Parbec, 80% of the resource estimate mineralization is between surface and a depth of 200m. The discovery by Renforth of gold mineralization at Parbec outside of the Cadillac Break/schist unit, specifically in the volcanics to the north and now, with the discovery of the Diorite Splay mineralization, in the Pontiac sediments to the south, expands the hosts and locations of gold mineralization on the property outside of what was, until know, presumed to be the limit. Parbec offers continued exploration targets to expand mineralization, in addition to the 18 holes drilled with positive results since the resource estimate was calculated.


Results of this round of exploration will be released as available.


Brian H. Newton P.Geo, a qualified person pursuant to National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.


View source version on accesswire.com:
https://www.accesswire.com/551279/Renforth-Commences-Exciting-Summer-Exploration

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8020Admin

13 days

8020Admin posted a press release Renforth's Parbec Diorite Splay Success Expands Property Mineralization in RENFORTH RESOURCES INC.


PICKERING, ON / ACCESSWIRE / June 26, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink - RFHRF) ("Renforth" or the "Company") is pleased to announce that the May 2019 Parbec surface work supports our revision of the geological model to include structures parallel to and cross-cutting the Cadillac Break, which are gold bearing, only seen in a handful of instances in property drilling to date. In addition to mineralization at Parbec being present within, and also outside of, the Resource Estimate area in the Cadillac Break, Renforth now sees evidence that there is mineralization outside of the previously assumed constraints of the Cadillac Break, most recently to the south in the sediments, however, mineralization is also known to occur in the volcanics to the north. Recent results in the south include 1.03 g/t Au over 0.2m from narrow quartz veins in the sediments and a grab sample of 4.93 g/t Au from a porphyry interpreted to be a dilation within a diorite splay, also south of the Cadillac Break.


The southern splay area, approximately 100 metres south of the Cadillac Break, was discovered to host narrow quartz veining on a ridge of sediments which assayed 1.03 g/t Au over 0.2m, this sample is interpreted to be the surface occurrence of mineralization seen in prior drillholes, with intersections at approximately 75m vertical depth of 2.82g/t Au over 1.0m in PAR-18-86, 2.35g/t Au over 3.3m in PAR-08-03 and at approximately 200m vertical depth 2.75g/t Au over 3.0m in PAR-08-02. This area, accessed via a trench corridor, was unable to be stripped due to access issues, and was not washed. Follow up work will revisit this location, a key location in beginning to understand the true potential of mineralization in the sediments.


"The recently completed work demonstrates, once again, the potential of Parbec to host mineralization outside of the existing Resource Estimate. We will continue to do additional, relatively low cost, as compared to drilling, yet extremely effective surface exploration in the sediments, to try to better define the scope of this new mineralized system at Parbec. We look forward to our fully funded summer exploration plans and keeping our shareholders informed" states Nicole Brewster, President and CEO of Renforth.


Diorite Splay Cross Section Line 5050E



On the same section line 5050E, as illustrated, a confirmatory grab sample, taken from what is interpreted to be a mineralized porphyry dilation within the diorite splay, assayed 4.93 g/t Au.


This grab sample was taken from porphyry located several metres from the previously announced channel sample of 9m assaying 1.55 g/t Au (May 9, 2019 PR), part of which covered the same porphyry. At present this porphyry cannot be tied in to any drilling in the area or adjacent bodies, it is currently interpreted to be a new structural type at Parbec, a discrete mineralized porphyry column, structurally controlled by dilation, similar to historical and anecdotal accounts of mineralized porphyry columns at the adjacent East Amphi Mine property. Management considers knowledge of the presence of this type of structure important to unlocking the true value of Parbec but cautions the reader that the similarity of structure is that alone, no economic weight should be put on this observation. Both of the sample locations noted above are in the Diorite Splay/Southern Splay area, also stripped and sampled in the diorite was an area further to the NW which revealed a cross-cutting (~30°) felsite dyke which gave anomalous gold grades and, interestingly, demonstrated the presence of cross-cutting structures at Parbec. Washing and detailed mapping were not completed in the Diorite Splay/Southern Splay area, once this is done additional samples may be selected by the geologists in the field.


An 80 metre gap in drilling within the Cadillac Break was stripped, this uncovered two wispy "felsite" alteration zones within chloritic intermediate volcanics, close to the south margin of a larger diorite body. Both zones were mineralized, with channel samples assaying 0.86 g/t Au over 0.35m and 0.39 g/t Au over 0.45m. Drillhole PAR-17-67 passed through a similar felsite on the south margin of the same diorite, this assayed 0.55 g/t Au over 0.55m core length, this was located approximately 50m to the SE along strike, at a depth of about 5m. These related assay results demonstrate continuity of structure through a gap in the drilling of the Parbec deposit, without any noted offset, this suggests that other mineralized zones either side of this gap will be similarly continuous, the area is a future drill target, in addition to washing, mapping, sampling and potentially additional sampling being completed in the near future.


An area approximately 100m NW of the ramp face at Parbec was stripped, washed and sampled, reveling a number of narrow quartz veins within a large, unfoliated diorite ridge, the same as the ramp face is set in. Previously a grab sample gave 1.04 g/t Au from veins with a N-S azimuth (cross-cutting), the samples taken in the recent program provided anomalous gold values only. The veins sampled are at a variety of angles, these are interpreted to be the result of cooling fractures with mineralization of a low grade. Renforth has observed coarse gold at Parbec, obtaining representative samples of these small veins in order to properly assess grade is difficult as coarse gold is not distributed evenly within the veins, which are of a small scale.



Renforth will be shortly announcing July field work which will include completion of washing, mapping and potentially additional sampling at Parbec.


Samples referred to in this program were selected and obtained at Parbec, bagged, tagged and securely sealed by project geologists who transported these samples to the facilities of ALS for fire assay for gold.


Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.


View source version on accesswire.com:
https://www.accesswire.com/549913/Renforths-Parbec-Diorite-Splay-Success-Expands-Property-Mineralization

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8020Admin

1 month

8020Admin posted a press release Renforth's Parbec Surface Program Concluded, Succesfully Intersects Mineralized Lenses in RENFORTH RESOURCES INC.


PICKERING, ON / ACCESSWIRE / June 6, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink: RFHRF) ("Renforth" or the "Company") is pleased to announce that field exploration at Parbec for May/June 2019 has concluded with the successful intersection of, amongst other positive developments, quartz veins on surface as projected from drillholes intersecting gold south of the Cadillac Break associated with a diorite splay, previously disclosed drill results which were projected to surface as seen below included 5.55 g/t Au over 0.5m in Renforth's PAR-18-86 and in the earlier PAR-08-03 drilled by Globex 2.35 g/t Au over 3.3m.


This program has demonstrated that Parbec, has significant structural complexity, known in some areas to be associated with gold, in other newly exposed areas assays are pending. The program targeted 4 areas of interest, namely (1) the "Diorite Nose" in the NW, where the Diorite Splay and Cadillac Break interact and prior trenching discovered gold, an area (2) south of this, over the Pontiac Sediments and Diorite Splays, an area where prior drill holes intersected gold at depth, (3) the examination of known outcrop in an undrilled area of the Cadillac Break and (4) target gold bearing 2018 grab samples in an undrilled area near the ramp face.



The Diorite Nose/NW area was initially trenched in 2017, returning 1.55 g/t Au over 9m, including 3.94 g/t over 1m (press release May 9 2019). This area was expanded to create a bedrock exposure which was washed, mapped and channelled, with some adjacent unwashed stripping also undertaken. This exposure revealed felsite and porphyry units forming discontinuous lenses, demonstrated as mineralized in prior trenching, and dykes which strongly cross-cut the regional structures, namely the Cadillac Break. In addition to this at least 3 low-angle quartz veins were discovered in the NW and an area of the Cadillac Break schists which contains multiple narrow lenses of diorite, felsite and quartz which strongly resemble mixed-lithology mineralized zones seen in several of Renforth's drillholes in the NW.


The southern Sediment/Splay area was trenched over a diorite/schist unit (a Diorite Splay) forming a prominent ridge and ended in the Pontiac Sediments in the south. This area was mapped in a preliminary fashion only as washing was not possible due to equipment breakdown. The target of this trenching was mineralized veins intersected along the south margin of the diorite in drill holes, several veins were uncovered on surface in expected locations when projected to surface.



The undrilled area of the Cadillac Break with outcrop was stripped and exposed two lenses of a type of felsite set in schist close to the south margin of a large diorite. This area could not be washed but samples were selected.


The undrilled area near the ramp was stripped in the vicinity of the previous grab sample of 1.04 g/t Au taken on a narrow ridge. Stripping revealed a number of bulbous ridges in the area of the original showing, numerous quartz veins were exposed over 5m in strike, these were sampled. Also exposed was a 1.5m wide felsite-type structure striking almost N/S, perpendicular to the Break, this program has highlighted several of these, their presence is of interest as they could have been missed in drilling to date, which has all been carried out perpendicular (almost N/S) to the Break where it would be alongside the structures.


Samples were cut, bagged and tagged in the field by the geologists, they have been delivered for assay and will be reported upon once results are available.


Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.


View source version on accesswire.com:
https://www.accesswire.com/547922/Renforths-Parbec-Surface-Program-Concluded-Succesfully-Intersects-Mineralized-Lenses

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8020Admin

2 months

8020Admin posted a press release Renforth Commences Exploration of Parbec's Surface Gold Showings Associated with Diorite Splays in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / May 9, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink - RFHRF) ("Renforth" or the "Company") is pleased to announce that field exploration has commenced at Parbec. This program is expected to consist of structural mapping, sampling, and limited stripping, which will commence with an area which was stripped and channel sampled in 2017, yielding assay results which averaged 1.55 g/t Au over 9m, including 3.94 g/t Au over 1m and two other 1m channels which assayed over 2 g/t Au (results not previously released). These sample results were obtained from strongly k-spar altered and silicified felsite veins with in the sediments on the south side of the Cadillac Break and close to the diorite contact, the target area of the current program. There is also an interpreted fault within meters of the best assay results, the relationship, if any, between the fault and the presence of gold is not yet known.



It is planned that mapping and sampling will proceed south from the initial "Trenching Target Expand 2017 trench" depicted in the map above to the "Trenching Target Test Coarse Au" area, crossing the breadth of the diorite splay and into the sediments to the south, uncovering the contact area. Renforth's recent discovery of the diorite splays into the sediment included the observation that gold is present in elevated values in the sediment, the diorite body is also seen to host low grade gold, possibly associated with micro-veinlets. This program is designed to, with these first two target areas, give the geologists a good look at this environment in order to get a better understanding of how and where the gold is occurring and advance our geological model of the property and guide future exploration.


The two other targets of this program are areas where there is no drilling, and therefore no structural information. The Cadillac Break area is a quartz vein observed in a mound of outcrop, this is one of the only locations of the Cadillac Break outcropping on the property. The easternmost target area of this program is located slightly west of the ramp collar, a single grab sample returned a value of 1.04 g/t Au. Stripping and structural mapping in both these areas will be instrumental in advancing our understanding of the structures on the property, in part because there is no drilling. There are cross-cutting and oblique veining and structures on the property, a surface exposure of these structures will allow mapping and sampling to a greater degree than possible in drill core, advancing the property model.


Sample results referred to in this press release were obtained in the field by Mark Wellstead P.Geo and Francis Newton P.Geo OGQ, bagged and tagged in the field, sealed and securely transported to Laboratoire Bourlemaque where they were fire assayed for gold.


Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 – 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

3 months

8020Admin posted a press release Renforth Advances New Discovery at Wholly Owned Parbec Gold Project in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / April 16, 2019 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce that exploration work is ongoing at our wholly owned Parbec project, with a particular focus on the recently discovered Diorite Splay Zone in the sediments in the NW portion of the property. Renforth's geologists are in the field and have selected representative gold-bearing and non gold-bearing samples for several of the rock types at Parbec in order to do thin section work on the core. The goal of thin section work at this stage of development at the Parbec deposit is to identify the nature and setting of, and minerals associated with, gold which has been intersected in Parbec drill core.


Parbec


In addition to this Renforth is working on a compilation and remodelling of our Parbec data, this has revealed that a surface prospecting campaign in June 2017 that focused on several areas of the property included results relevant to the recently discovered Diorite Splay Zone. The 2017 program was recognized then as resulting in the discovery of the Island Trench Zone with grab samples of 9.6 g/t Au and 3.69 g/t Au, as well as a channel of 2.12 g/t Au, all press released on July 12 2017. This discovery became the focus of the program, with other results obtained at that time unreported on, including in the Diorite Splay Zone. Renforth will be undertaking a prospecting and stripping campaign to follow up on the data generated in 2017 as soon as weather permits, anticipated to be mid-May. Details of that program will be announced once finalized.


Fundraising


Renforth completed a private placement financing raising $187,000 through the issuance of 2,240,000 common units ("Units") at $0.05 per Unit and 1,500,000 of flow-through units ("FT Units") at $0.05 per FT Unit. Each Unit consists of one common share and one common share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.10 for a period of 24 months following closing. Each FT Unit consists of one common share and one-half common share purchase warrant ("FT Warrant"). Each FT Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.12 for a period of 18 months following closing.


This fundraising was designed as sufficient to finance the field work at Parbec as well as compilation and field work on our wholly owned gold bearing Nixon-Bartleman property in West Timmins this spring. Details of planning for that program will be released once available.


Nixon-Bartleman


At Nixon-Bartleman we are planning a Spring 2019 follow up to our Summer 2014 work where we announced, on September 10, 2014, that our initial reconnaissance mapping and sampling program resulted in the extension of the known surface mineralization to a length of 500m from the previously known 200m. In doing this our geologists cut channel samples which included 9.41 g/t Au over 1m in the known stripped area and 22.1 g/t Au over 0.3m and 3.90 g/t Au over 0.3m, which result in an average of 13 g/t Au over 0.6m in the extension of mineralization area.




Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 – 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may', ‘will', ‘plan', ‘expect', ‘believe', ‘anticipate', ‘estimate', ‘intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

4 months

8020Admin posted a press release Renforth Acquires 100% Ownership of Globex's Parbec Gold Project in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / March 19, 2019 / Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that the Company has acquired a 100% ownership interest in the Parbec Gold Project, host of a NI 43-101 resource estimate, joined to the western boundary of the larger Canadian Malartic Mine property package, from Globex Mining Enterprises Inc. ("Globex") (GMX-TSX, GLBXF-OTCQX International, G1MN-Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz) pursuant to the option agreement originally entered into by the Company and Globex in January of 2015.


Renforth renegotiated the remaining work requirement due under the option agreement and, with the following grants to Globex, will satisfy all the terms and conditions of the option agreement, earning 100% ownership


Renforth shall issue to Globex;


1 - an additional 1% GMR (Gross Metal Royalty) on the Parbec Project,
2 - 5 million shares from Treasury. Should Renforth consolidate its shares in the next 4 years Globex will receive an additional 1.5 million shares post-consolidation,
3 - upon the commencement of commercial mining at Parbec a one-time payment shall be made to Globex of $1,000,000 CAD, adjusted for inflation and subject to the deduction of any advance royalty payments made.


In consideration of these payments Globex shall grant to Renforth a one-time right of first refusal on the sale of all or any part of Globex' GMR.


With completion of the above-noted conditions Renforth is the 100% owner of the claims comprising the Parbec Property.


"Concluding our option agreement and acquiring 100% of Parbec brings to 5 the wholly owned gold-bearing projects within Renforth's portfolio, several of which are on or associated with the Cadillac Break and contiguous to producing mines. Management feels this is a solid Canadian gold exploration portfolio, to which we continue to add value through our ongoing work. At Parbec we have drilled almost 9000 metres to date and defined the first NI 43-101 resource. We look forward to continuing our exploration across our portfolio" states Nicole Brewster, President and CEO of Renforth.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON, L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

4 months

8020Admin posted a press release Renforth Obtains 25 g/t Gold over 0.6m at Parbec in Malartic, Quebec in January Program in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / February 27, 2019 / Renforth Resources Inc. (CSE - RFR) (''Renforth'' or the ''Company'') is pleased to announce the completion of our January/February 2019 drill program at Parbec. As we did in December of 2018 Renforth planned a drill program to extend the strike at Parbec and, in this program, explore down-dip extensions of the 2018 43-101 resource estimate at Parbec, 80% of which sits above a depth of 200m (technical report filed on SEDAR Nov. 8/2018).


Read more here:   https://quotemedia.com/portal/quote?qm_symbol=RFR%3ACNX&qmodStoryID=8801367170818351 

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8020Admin

4 months

8020Admin posted a press release Renforth Appoints Kurt Breede P.Eng to Board in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / February 26, 2019 / Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce the appointment of Kurt Breede P.Eng to the Board of Renforth as an independent technical director.


Kurt is senior geological engineer and marketing executive with over 20 years experience in the mineral resource industry. He is former Vice President of geological and mining consultancy Watts, Griffis and McOuat, and prior to that was Senior Business Analyst with Gemcom Software (now Dassault Systèmes). He currently works as an independent Mineral Resource and Corporate Development Consultant, serving as Vice Chair of the CIM Toronto Branch Executive, and as a member of the CSA's Mining Technical Advisory and Monitoring Committee.


Renforth CEO Nicole Brewster comments, "I'm delighted to welcome Kurt to the board at this stage in our company's growth as we continue the development of our project portfolio. His technical expertise in mineral resource estimation, strategic mine planning, and marketing will be of considerable benefit to the Company in the coming months, particularly as we continue to outline the extent of mineralization at our Parbec property."


For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

5 months

8020Admin posted a press release Renforth Obtains 24.62 g/t Gold over 0.9m at Parbec in Malartic, Quebec in RENFORTH RESOURCES INC.

 


TORONTO, ON / ACCESSWIRE / February 7, 2019 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce results for the balance of the holes drilled at Parbec in the December 2018 program, which include 24.62 g/t Au over 0.9m in PAR-18-92. The December 2018 program was designed to test the presence of shallow mineralization with grade and continuity outside of a 50m buffer zone from the rail line, and to extend and increase the mineralized zones. Each of PAR-18-91, PAR-18-92, PAR-18-93 and PAR-18-94 successfully intersected mineralization as targeted, defining shallow mineralization and expected to result in positive impact to the resource at Parbec upon recalculation.


Read more:  https://quotemedia.com/portal/quote?qm_symbol=RFR%3ACNX&qmodStoryID=8582344827910117 

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8020Admin

5 months

8020Admin posted a press release Renforth Obtains 11.56 g/t Gold over 1.1m at Parbec in Malartic, Quebec in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / January 29, 2019 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce results for the first three holes drilled at Parbec in the December 2018 program, which includes 11.56 g/t Au over 1.1m in PAR-18-88 the first hole in that program. The December 2018 program was designed to test the presence of shallow mineralization with grade and continuity outside of a 50m buffer zone from the rail line, and to extend and increase the mineralized zones. Each of PAR-18-88, PAR-18-89 and PAR-18-90 successfully intersected mineralization as targeted, defining shallow mineralization and expected to result in positive impact to the resource at Parbec upon recalculation. Results are still pending for the other 4 holes in the December 2018 program, these will be released once available.


Read More: https://quotemedia.com/portal/quote/?qm_symbol=RFR%3ACNX&qmodStoryID=5733455104180845 

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8020Admin

7 months

8020Admin posted a press release Renforth Successfully Completes 7 Drill Holes at Parbec in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / December 20, 2018 / Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that the December 2018 drill program at Parbec has been completed with 7 holes drilled in 1040 m. Each of the 7 holes intersected mineralization in different lithologies, including a "magnetic diorite" visually similar to the material encountered at the SE extent of the Parbec body. Logging of the core has been completed, selected samples are being cut, bagged and tagged and securely delivered to the lab for assaying, results will be released once available.


Drilling Summary


Renforth has completed the following 7 drill holes, PAR-18-88 and PAR-18-89 were previously summarized in the press release of 12/04/18.


PAR-18-88 (4975-T-B) drilled to a length of 161.4m in front of PAR-18-84 and behind PAR-17-69. Previously press released zones in PAR-18-84 included 9.45m at 4.66 g/t Au (09/11/18), previously press released zones in PAR-17-69 included 2.4m at 1.03 g/t Au and 9.7m at 0.81 g/t Au (01/23/18). PAR-18-88 was drilled to infill between the holes and extend continuity of mineralization, visual examination of the core shows that mineralized zones were intersected where anticipated, samples have been sent for assay.


PAR-18-89 (5000-T-A) drilled to a length of 150m this hole is in front of PAR-18-70 and PAR-18-85. Previously press released zones in PAR-18-70 included 14.1m of 1.26 g/t Au and 3.7m of 3.16 g/t Au (02/26/18). Previously press released zones for PAR-18-85 included 10.8m of 1.69 g/t Au (09/11/18). PAR-18-89 was drilled to intersect the mineralization seen in PAR-18-70, visual examination of the core concludes that zones similar to those seen in PAR-18-70 were intersected, samples have been sent for assay.


PAR-18-90 (4975-T-A) drilled to a length of 210m this hole was a step out 50m west, parallel to PAR-18-85, designed to test the Partridge Zone intervals in the area including previously released results from PAR-18-85 with 10.8m of 1.69 g/t Au (11/11/18), PAR-18-73 with 32.6m of 1.44 g/t Au (02/26/18) and PAR-18-74 with 9.45m of 4.66 g/t Au (02/26/18). Numerous mineralized zones were intersected in this drill hole, based upon visual examination. Samples have been sent for assay.


PAR-18-91 (4900-T-B) drilled to a length of 93m this hole was a step out 25m to the west and a step back 15m from PAR-18-71 and PAR-18-72, both of which intersected shallow diorite-hosted mineralization. PAR-18-91 successfully intersected several apparently mineralized zones within the targeted depth range and, unexpectedly, encountered the "magnetic diorite". Samples have been sent for assay.


PAR-18-92 (4850-T-A) drilled to a length of 165m this hole, at the western limit of modern drilling at Parbec, was testing the up-dip extension (an "over cut") of PAR-10-04's deep mineralization intercepts obtained by a previous operator, targeting shallower intercepts. This hole successfully intersected mineralization in the hole, samples have been sent for assay.


PAR-18-93 (4800-T-A) was drilled to a length of 114m, collared 50m west of PAR-18-92, designed to test for strike continuity of mineralization to the west, successfully intersected mineralization as assessed visually, samples have been selected and sent for assay.


PAR-18-94 (4900-T-B undercut) the final hole in this program was drilled to a length of 153m, several meters back from the casing for PAR-18-91, drilled to undercut PAR-18-91 in order to test the depth extension, and obtain vertical separation for modelling purposes, of mineralization encountered in PAR-18-91, specifically the "magnetic diorite", or strongly magnetic carbonate-breccia diorite or diabase unit. This hole successfully intersected mineralization as assessed visually in the field, with a vertical separation between the "magnetic diorite" of approximately 60m. Samples have been selected and sent for assay.


This program finished with 1046.8m drilled in 7 holes in total. Samples have been selected and are being cut, bagged, tagged and securely delivered to the lab. It is anticipated that all samples will be submitted prior to Christmas, with assays to be received in the New Year. Assay results will be reported once received.


Renforth is undertaking to raise funds for additional drilling at Parbec in the New Year via a unit offering of common or flow through shares. The units are priced at $0.05, the common share unit carries a full warrant exercisable at $0.10 for 24 months, the flow through share unit carries a half a warrant, a full warrant exercises into a common share for a period of 18 months at a price of $0.12.


December 2018 Drill Plan Map



(To view the full-size image, please click here)


Technical Information in this press release has been reviewed and approved by Brian H. Newton P.Geo, a "qualified person" pursuant to the guidelines of 43-101. Assays referenced in previous drilling are "core length" references only, not true width, and were originally press released on the dates given in brackets. Those samples were selected in the field, cut, bagged, tagged and sealed by the project geologist and delivered personally to the facilities of Laboratoire d'Analyse Bourlemaque to be fire assayed for gold.


For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

7 months

8020Admin posted a press release Renforth Commences Parbec Drill Program in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / November 27, 2018 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce the commencement of a drill program on the Parbec Resource Property focused on near surface gold mineralization discovered in the NW portion of the property this year. This zone, referred to as the "Partridge Zone", has been tested with 11 holes and one surface trench. This program will test the continuity of the mineralization, designed to confirm and extend grades and thicknesses intersected to date. If results from this program warrant Renforth will commence a complete evaluation for recovery of the shallower portion of the mineralization by open pit. Renforth has planned slightly more than 2000m in this program phase, prior to stopping work for the holidays it is likely only half of the drilling will be completed.


Partridge Zone Highlights



  • Holes drilled during 2017-2018 programs returned a series of intervals with grades ranging from 1 to 4 g/t forming intervals going from 2 meters to up to 30 meters of core length.


    • Examples: PAR-18-70: 14.1m @ 1.26g/t Au; PAR-18-73: 32.6m @ 1.435g/t Au; PAR-18-74: 10.5m @ 2.46g/t Au; PAR-18-85: 10.8m @ 1.69g/t Au and the high-grade PAR-18-74 zone 9.45m @ 4.66g/t Au


  • Mineralized trench channel sampled in 2017 returned 1.55g/t Au over 9 meters

  • Partridge zone drill intercepts are from surface to a depth of 150m

  • Several holes drilled host multiple mineralized zones within the hole



"We are happy to continue to drill Parbec, the only gold deposit located within 5 kms of the Canadian Malartic Mine not controlled by the Mine or Agnico. This program is designed to help us prove our hypothesis that the near surface mineralization at Parbec in the Partridge Zone will be able to be accessed via a small open pit. If successful this would be a repeat of what McWatters Mining did at East Amphi in the early 1990's, a bit more than 1 km to the east, on strike and contiguous to Parbec. East Amphi and its remaining underground resource are now part of the Canadian Malartic Mine" states Nicole Brewster, President and CEO of Renforth.


General corporate affairs of late have included the following;



  • Renforth raised $89,000 by way of private placement of common share units at 5 cents consisting of one share and one warrant, the warrant exercisable for 24 months at $0.10 cents

  • Renforth purchased a 1% NSR on New Alger held by a third party for consideration of $50,000 and 2 million shares of Renforth

  • Renforth obtained a 12 month extension to the Parbec work commitment in exchange for a 1% NSR at New Alger and a total of 5 million shares of Renforth (2.5m now and 2.5m at the end of the extension)


Technical Information in this press release has been reviewed and approved by Brian H. Newton P.Geo, a "qualified person" pursuant to the guidelines of 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', ' anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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Renforth Resources Inc.

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Renforth has built a portfolio of five projects located on, or in the immediate vicinity of, the Cadillac Break. Stretching over 325 km between the Kirkland Lake Mining Camp in Ontario and the Val d’Or Mining Camp in Quebec, the Cadillac Break is a major geological structure that has produced mo...

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Renforth Resources Inc.

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Renforth has built a portfolio of five projects located on, or in the immediate vicinity of, the Cadillac Break. Stre......

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5 hours

8020Admin posted a press release Renforth Commences Exciting Summer Exploration in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / July 9, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink - RFHRF) (“Renforth” or the “Company”) is pleased to announce that that our exploration team is in the field again, at both our wholly owned New Alger and Parbec properties, focussed on our surface gold occurrences, for the month of July. Our team has several targets of their efforts as follows;


New Alger



  • Prospecting and stripping in the areas of the two access trails to the Discovery Veins stripped area



  • Prospect and strip in an area south of the Discovery Veins, looking for the surface expression of a gold bearing vein with visible gold which assayed 6.39 g/t Au over 0.9m in a 2007 Renforth drillhole, NA-07-04



  • Preliminary prospecting and potential soil sampling in the southern claims at New Alger where government data offers some of the highest soil samples obtained in the area


Parbec



  • Completion of washing the May/June 2019 stripping



  • Detailed mapping and additional sampling as warranted of newly discovered surface mineralization and structure



  • Minor strike extension stripping of newly discovered gold-bearing quartz veining in the Pontiac Sediments


“Prospecting and exploration are always exciting, being able to again create knowledge and learn more about New Alger even more so. Previously our ability to work at New Alger, contiguous to Agnico-Eagle’s LaRonde Mine, was limited by our focus on earning 100% at Parbec, this having been achieved we can now fully explore our portfolio as planned and funded this summer. As stated we will advance New Alger, Parbec and our Nixon-Bartleman property in Ontario this summer, our other two wholly owned gold bearing properties are joint ventured out to SOQUEM and Chalice Gold, the latter having sold their Quebec division to O3 (a new company formed via an RTO by Osisko Mining), O3 will be our new partner, a development we look forward to, upon the transaction closing,” states Nicole Brewster, President and CEO of Renforth.


About the work on New Alger


In the Fall of 2017 Renforth undertook a stripping program which exposed 230m, of a known ~500m, of gold in quartz veining located in the Pontiac sediments approximately 250m south of the Cadillac Break and the former Thompson-Cadillac mine and its’ resource estimate at New Alger. This newly exposed mineralized system was detail mapped, sampled and studied in thin-section, all of which concluded that there are in fact two separate veins, bisected by a potentially offsetting fault, this fault is interpreted as continuing to, and forming the western margin of, the historic underground mine workings for Thompson-Cadillac.


The available historic record indicates that, in the 1930’s, there were drillholes drilled from the main shaft at a depth of 300m to both the north and the south, with interesting findings in both. Underground development took place after the drilling, there is no record of what was found underground, but, it is interesting to note, the underground development to the south finishes under a series of historic blast pits uncovered during Renforth’s stripping program where Renforth channeled 2.65g/t Au over 3.7m and 1.95g/t over 5.6m (PR Nov. 6 2017), hosted in blue/black quartz, along with evidence of additional blasting and trenches, all of this forming the discovery location for the property in 1924, also named the Discovery Veins by Renforth.


At New Alger there are 2 access trails to the Discovery Vein area, in both quartz veining has been observed, the eastern-most trail is interpreted to be almost directly over the historic drilling, which records gold results. The historic gold results in the northern (beginning) part of the drillhole have been seen in nearby Renforth drilling, however, additional historic results between the Discovery Veins and the southern limit of Renforth’s drilling have not, our field crew will prospect and strip in order to locate any surface expression of the gold values in the south part of the historic drillhole. The western access trail ends in the approximate location of the fault in the Discovery Veins, Renforth will be looking for the extension of the western vein through the fault, historically the underground development did go through the fault to the main blast pit, located on the western vein.


Renforth discovered, last summer when moving core in the core yard, previously un-logged visible gold in core from a 2007 drill hole, which was assayed but not logged as visible, nor did any subsequent core reviews or moves make note of this. The gold is fine grained, present on both the cut side and the rounded side of the sawn witness core, located within a blue quartz vein. This intercept is located at a vertical depth of 25m, Renforth will look for a surface expression.


The southern claim block at New Alger has been initially prospected, subsequent to this detailed geophysics have been flown and additional historic records found. The soil survey indicates a heightened level of gold in soil in an area of New Alger not previously examined, prospecting and a confirmatory soil sampling program is planned. Gold in soil typically offers very low grades but is of interest as a pathfinder as it is thought that at New Alger the soil would not be far removed from the source of the gold.


About the work on Parbec


As recently press released Renforth had a successful May 2019 campaign at Parbec, discovering new gold bearing structures on surface in the Pontiac sediments, associated with the previously discovered Diorite Splay structures. This success occurred despite equipment failure, the washing portion of that program was only approximately 30% completed, much of the cutting and sampling which was done was “blind”, detail mapping was not completed. With the ability to wash the stripped ground Renforth’s geologists have already commenced additional sampling and may choose to return for minor amounts of additional stripping, specifically in the Diorite Splay/Pontiac Contact area where a surface sample of 1.03 g/t Au over 0.2m in a channel was the surface expression of deeper drill intercepts at ~75 and 200m depth (press release June 26 2019). The narrow quartz vein set will be opened up along strike in order to look for widening or splays.


Parbec is located contiguous to the Canadian Malartic Mine, Canada’s largest open pit gold mine. Renforth has established a resource estimate of >650,000 ounces of gold located within the Cadillac Break, in a 200m wide (n/s) schistosed unit interlayered between the Pontiac sediments to the south and the basalts (volcanics) to the north. The resource estimate is contained within ~900m of the known ~1800m of strike (e/w) length of mineralization at Parbec, 80% of the resource estimate mineralization is between surface and a depth of 200m. The discovery by Renforth of gold mineralization at Parbec outside of the Cadillac Break/schist unit, specifically in the volcanics to the north and now, with the discovery of the Diorite Splay mineralization, in the Pontiac sediments to the south, expands the hosts and locations of gold mineralization on the property outside of what was, until know, presumed to be the limit. Parbec offers continued exploration targets to expand mineralization, in addition to the 18 holes drilled with positive results since the resource estimate was calculated.


Results of this round of exploration will be released as available.


Brian H. Newton P.Geo, a qualified person pursuant to National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.


View source version on accesswire.com:
https://www.accesswire.com/551279/Renforth-Commences-Exciting-Summer-Exploration

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8020Admin

13 days

8020Admin posted a press release Renforth's Parbec Diorite Splay Success Expands Property Mineralization in RENFORTH RESOURCES INC.


PICKERING, ON / ACCESSWIRE / June 26, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink - RFHRF) ("Renforth" or the "Company") is pleased to announce that the May 2019 Parbec surface work supports our revision of the geological model to include structures parallel to and cross-cutting the Cadillac Break, which are gold bearing, only seen in a handful of instances in property drilling to date. In addition to mineralization at Parbec being present within, and also outside of, the Resource Estimate area in the Cadillac Break, Renforth now sees evidence that there is mineralization outside of the previously assumed constraints of the Cadillac Break, most recently to the south in the sediments, however, mineralization is also known to occur in the volcanics to the north. Recent results in the south include 1.03 g/t Au over 0.2m from narrow quartz veins in the sediments and a grab sample of 4.93 g/t Au from a porphyry interpreted to be a dilation within a diorite splay, also south of the Cadillac Break.


The southern splay area, approximately 100 metres south of the Cadillac Break, was discovered to host narrow quartz veining on a ridge of sediments which assayed 1.03 g/t Au over 0.2m, this sample is interpreted to be the surface occurrence of mineralization seen in prior drillholes, with intersections at approximately 75m vertical depth of 2.82g/t Au over 1.0m in PAR-18-86, 2.35g/t Au over 3.3m in PAR-08-03 and at approximately 200m vertical depth 2.75g/t Au over 3.0m in PAR-08-02. This area, accessed via a trench corridor, was unable to be stripped due to access issues, and was not washed. Follow up work will revisit this location, a key location in beginning to understand the true potential of mineralization in the sediments.


"The recently completed work demonstrates, once again, the potential of Parbec to host mineralization outside of the existing Resource Estimate. We will continue to do additional, relatively low cost, as compared to drilling, yet extremely effective surface exploration in the sediments, to try to better define the scope of this new mineralized system at Parbec. We look forward to our fully funded summer exploration plans and keeping our shareholders informed" states Nicole Brewster, President and CEO of Renforth.


Diorite Splay Cross Section Line 5050E



On the same section line 5050E, as illustrated, a confirmatory grab sample, taken from what is interpreted to be a mineralized porphyry dilation within the diorite splay, assayed 4.93 g/t Au.


This grab sample was taken from porphyry located several metres from the previously announced channel sample of 9m assaying 1.55 g/t Au (May 9, 2019 PR), part of which covered the same porphyry. At present this porphyry cannot be tied in to any drilling in the area or adjacent bodies, it is currently interpreted to be a new structural type at Parbec, a discrete mineralized porphyry column, structurally controlled by dilation, similar to historical and anecdotal accounts of mineralized porphyry columns at the adjacent East Amphi Mine property. Management considers knowledge of the presence of this type of structure important to unlocking the true value of Parbec but cautions the reader that the similarity of structure is that alone, no economic weight should be put on this observation. Both of the sample locations noted above are in the Diorite Splay/Southern Splay area, also stripped and sampled in the diorite was an area further to the NW which revealed a cross-cutting (~30°) felsite dyke which gave anomalous gold grades and, interestingly, demonstrated the presence of cross-cutting structures at Parbec. Washing and detailed mapping were not completed in the Diorite Splay/Southern Splay area, once this is done additional samples may be selected by the geologists in the field.


An 80 metre gap in drilling within the Cadillac Break was stripped, this uncovered two wispy "felsite" alteration zones within chloritic intermediate volcanics, close to the south margin of a larger diorite body. Both zones were mineralized, with channel samples assaying 0.86 g/t Au over 0.35m and 0.39 g/t Au over 0.45m. Drillhole PAR-17-67 passed through a similar felsite on the south margin of the same diorite, this assayed 0.55 g/t Au over 0.55m core length, this was located approximately 50m to the SE along strike, at a depth of about 5m. These related assay results demonstrate continuity of structure through a gap in the drilling of the Parbec deposit, without any noted offset, this suggests that other mineralized zones either side of this gap will be similarly continuous, the area is a future drill target, in addition to washing, mapping, sampling and potentially additional sampling being completed in the near future.


An area approximately 100m NW of the ramp face at Parbec was stripped, washed and sampled, reveling a number of narrow quartz veins within a large, unfoliated diorite ridge, the same as the ramp face is set in. Previously a grab sample gave 1.04 g/t Au from veins with a N-S azimuth (cross-cutting), the samples taken in the recent program provided anomalous gold values only. The veins sampled are at a variety of angles, these are interpreted to be the result of cooling fractures with mineralization of a low grade. Renforth has observed coarse gold at Parbec, obtaining representative samples of these small veins in order to properly assess grade is difficult as coarse gold is not distributed evenly within the veins, which are of a small scale.



Renforth will be shortly announcing July field work which will include completion of washing, mapping and potentially additional sampling at Parbec.


Samples referred to in this program were selected and obtained at Parbec, bagged, tagged and securely sealed by project geologists who transported these samples to the facilities of ALS for fire assay for gold.


Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.


View source version on accesswire.com:
https://www.accesswire.com/549913/Renforths-Parbec-Diorite-Splay-Success-Expands-Property-Mineralization

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8020Admin

1 month

8020Admin posted a press release Renforth's Parbec Surface Program Concluded, Succesfully Intersects Mineralized Lenses in RENFORTH RESOURCES INC.


PICKERING, ON / ACCESSWIRE / June 6, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink: RFHRF) ("Renforth" or the "Company") is pleased to announce that field exploration at Parbec for May/June 2019 has concluded with the successful intersection of, amongst other positive developments, quartz veins on surface as projected from drillholes intersecting gold south of the Cadillac Break associated with a diorite splay, previously disclosed drill results which were projected to surface as seen below included 5.55 g/t Au over 0.5m in Renforth's PAR-18-86 and in the earlier PAR-08-03 drilled by Globex 2.35 g/t Au over 3.3m.


This program has demonstrated that Parbec, has significant structural complexity, known in some areas to be associated with gold, in other newly exposed areas assays are pending. The program targeted 4 areas of interest, namely (1) the "Diorite Nose" in the NW, where the Diorite Splay and Cadillac Break interact and prior trenching discovered gold, an area (2) south of this, over the Pontiac Sediments and Diorite Splays, an area where prior drill holes intersected gold at depth, (3) the examination of known outcrop in an undrilled area of the Cadillac Break and (4) target gold bearing 2018 grab samples in an undrilled area near the ramp face.



The Diorite Nose/NW area was initially trenched in 2017, returning 1.55 g/t Au over 9m, including 3.94 g/t over 1m (press release May 9 2019). This area was expanded to create a bedrock exposure which was washed, mapped and channelled, with some adjacent unwashed stripping also undertaken. This exposure revealed felsite and porphyry units forming discontinuous lenses, demonstrated as mineralized in prior trenching, and dykes which strongly cross-cut the regional structures, namely the Cadillac Break. In addition to this at least 3 low-angle quartz veins were discovered in the NW and an area of the Cadillac Break schists which contains multiple narrow lenses of diorite, felsite and quartz which strongly resemble mixed-lithology mineralized zones seen in several of Renforth's drillholes in the NW.


The southern Sediment/Splay area was trenched over a diorite/schist unit (a Diorite Splay) forming a prominent ridge and ended in the Pontiac Sediments in the south. This area was mapped in a preliminary fashion only as washing was not possible due to equipment breakdown. The target of this trenching was mineralized veins intersected along the south margin of the diorite in drill holes, several veins were uncovered on surface in expected locations when projected to surface.



The undrilled area of the Cadillac Break with outcrop was stripped and exposed two lenses of a type of felsite set in schist close to the south margin of a large diorite. This area could not be washed but samples were selected.


The undrilled area near the ramp was stripped in the vicinity of the previous grab sample of 1.04 g/t Au taken on a narrow ridge. Stripping revealed a number of bulbous ridges in the area of the original showing, numerous quartz veins were exposed over 5m in strike, these were sampled. Also exposed was a 1.5m wide felsite-type structure striking almost N/S, perpendicular to the Break, this program has highlighted several of these, their presence is of interest as they could have been missed in drilling to date, which has all been carried out perpendicular (almost N/S) to the Break where it would be alongside the structures.


Samples were cut, bagged and tagged in the field by the geologists, they have been delivered for assay and will be reported upon once results are available.


Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.


View source version on accesswire.com:
https://www.accesswire.com/547922/Renforths-Parbec-Surface-Program-Concluded-Succesfully-Intersects-Mineralized-Lenses

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8020Admin

2 months

8020Admin posted a press release Renforth Commences Exploration of Parbec's Surface Gold Showings Associated with Diorite Splays in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / May 9, 2019 / Renforth Resources Inc. (CSE - RFR) (OTC Pink - RFHRF) ("Renforth" or the "Company") is pleased to announce that field exploration has commenced at Parbec. This program is expected to consist of structural mapping, sampling, and limited stripping, which will commence with an area which was stripped and channel sampled in 2017, yielding assay results which averaged 1.55 g/t Au over 9m, including 3.94 g/t Au over 1m and two other 1m channels which assayed over 2 g/t Au (results not previously released). These sample results were obtained from strongly k-spar altered and silicified felsite veins with in the sediments on the south side of the Cadillac Break and close to the diorite contact, the target area of the current program. There is also an interpreted fault within meters of the best assay results, the relationship, if any, between the fault and the presence of gold is not yet known.



It is planned that mapping and sampling will proceed south from the initial "Trenching Target Expand 2017 trench" depicted in the map above to the "Trenching Target Test Coarse Au" area, crossing the breadth of the diorite splay and into the sediments to the south, uncovering the contact area. Renforth's recent discovery of the diorite splays into the sediment included the observation that gold is present in elevated values in the sediment, the diorite body is also seen to host low grade gold, possibly associated with micro-veinlets. This program is designed to, with these first two target areas, give the geologists a good look at this environment in order to get a better understanding of how and where the gold is occurring and advance our geological model of the property and guide future exploration.


The two other targets of this program are areas where there is no drilling, and therefore no structural information. The Cadillac Break area is a quartz vein observed in a mound of outcrop, this is one of the only locations of the Cadillac Break outcropping on the property. The easternmost target area of this program is located slightly west of the ramp collar, a single grab sample returned a value of 1.04 g/t Au. Stripping and structural mapping in both these areas will be instrumental in advancing our understanding of the structures on the property, in part because there is no drilling. There are cross-cutting and oblique veining and structures on the property, a surface exposure of these structures will allow mapping and sampling to a greater degree than possible in drill core, advancing the property model.


Sample results referred to in this press release were obtained in the field by Mark Wellstead P.Geo and Francis Newton P.Geo OGQ, bagged and tagged in the field, sealed and securely transported to Laboratoire Bourlemaque where they were fire assayed for gold.


Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 – 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

3 months

8020Admin posted a press release Renforth Advances New Discovery at Wholly Owned Parbec Gold Project in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / April 16, 2019 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce that exploration work is ongoing at our wholly owned Parbec project, with a particular focus on the recently discovered Diorite Splay Zone in the sediments in the NW portion of the property. Renforth's geologists are in the field and have selected representative gold-bearing and non gold-bearing samples for several of the rock types at Parbec in order to do thin section work on the core. The goal of thin section work at this stage of development at the Parbec deposit is to identify the nature and setting of, and minerals associated with, gold which has been intersected in Parbec drill core.


Parbec


In addition to this Renforth is working on a compilation and remodelling of our Parbec data, this has revealed that a surface prospecting campaign in June 2017 that focused on several areas of the property included results relevant to the recently discovered Diorite Splay Zone. The 2017 program was recognized then as resulting in the discovery of the Island Trench Zone with grab samples of 9.6 g/t Au and 3.69 g/t Au, as well as a channel of 2.12 g/t Au, all press released on July 12 2017. This discovery became the focus of the program, with other results obtained at that time unreported on, including in the Diorite Splay Zone. Renforth will be undertaking a prospecting and stripping campaign to follow up on the data generated in 2017 as soon as weather permits, anticipated to be mid-May. Details of that program will be announced once finalized.


Fundraising


Renforth completed a private placement financing raising $187,000 through the issuance of 2,240,000 common units ("Units") at $0.05 per Unit and 1,500,000 of flow-through units ("FT Units") at $0.05 per FT Unit. Each Unit consists of one common share and one common share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.10 for a period of 24 months following closing. Each FT Unit consists of one common share and one-half common share purchase warrant ("FT Warrant"). Each FT Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.12 for a period of 18 months following closing.


This fundraising was designed as sufficient to finance the field work at Parbec as well as compilation and field work on our wholly owned gold bearing Nixon-Bartleman property in West Timmins this spring. Details of planning for that program will be released once available.


Nixon-Bartleman


At Nixon-Bartleman we are planning a Spring 2019 follow up to our Summer 2014 work where we announced, on September 10, 2014, that our initial reconnaissance mapping and sampling program resulted in the extension of the known surface mineralization to a length of 500m from the previously known 200m. In doing this our geologists cut channel samples which included 9.41 g/t Au over 1m in the known stripped area and 22.1 g/t Au over 0.3m and 3.90 g/t Au over 0.3m, which result in an average of 13 g/t Au over 0.6m in the extension of mineralization area.




Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 – 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may', ‘will', ‘plan', ‘expect', ‘believe', ‘anticipate', ‘estimate', ‘intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

4 months

8020Admin posted a press release Renforth Acquires 100% Ownership of Globex's Parbec Gold Project in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / March 19, 2019 / Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that the Company has acquired a 100% ownership interest in the Parbec Gold Project, host of a NI 43-101 resource estimate, joined to the western boundary of the larger Canadian Malartic Mine property package, from Globex Mining Enterprises Inc. ("Globex") (GMX-TSX, GLBXF-OTCQX International, G1MN-Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz) pursuant to the option agreement originally entered into by the Company and Globex in January of 2015.


Renforth renegotiated the remaining work requirement due under the option agreement and, with the following grants to Globex, will satisfy all the terms and conditions of the option agreement, earning 100% ownership


Renforth shall issue to Globex;


1 - an additional 1% GMR (Gross Metal Royalty) on the Parbec Project,
2 - 5 million shares from Treasury. Should Renforth consolidate its shares in the next 4 years Globex will receive an additional 1.5 million shares post-consolidation,
3 - upon the commencement of commercial mining at Parbec a one-time payment shall be made to Globex of $1,000,000 CAD, adjusted for inflation and subject to the deduction of any advance royalty payments made.


In consideration of these payments Globex shall grant to Renforth a one-time right of first refusal on the sale of all or any part of Globex' GMR.


With completion of the above-noted conditions Renforth is the 100% owner of the claims comprising the Parbec Property.


"Concluding our option agreement and acquiring 100% of Parbec brings to 5 the wholly owned gold-bearing projects within Renforth's portfolio, several of which are on or associated with the Cadillac Break and contiguous to producing mines. Management feels this is a solid Canadian gold exploration portfolio, to which we continue to add value through our ongoing work. At Parbec we have drilled almost 9000 metres to date and defined the first NI 43-101 resource. We look forward to continuing our exploration across our portfolio" states Nicole Brewster, President and CEO of Renforth.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON, L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

4 months

8020Admin posted a press release Renforth Obtains 25 g/t Gold over 0.6m at Parbec in Malartic, Quebec in January Program in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / February 27, 2019 / Renforth Resources Inc. (CSE - RFR) (''Renforth'' or the ''Company'') is pleased to announce the completion of our January/February 2019 drill program at Parbec. As we did in December of 2018 Renforth planned a drill program to extend the strike at Parbec and, in this program, explore down-dip extensions of the 2018 43-101 resource estimate at Parbec, 80% of which sits above a depth of 200m (technical report filed on SEDAR Nov. 8/2018).


Read more here:   https://quotemedia.com/portal/quote?qm_symbol=RFR%3ACNX&qmodStoryID=8801367170818351 

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8020Admin

4 months

8020Admin posted a press release Renforth Appoints Kurt Breede P.Eng to Board in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / February 26, 2019 / Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce the appointment of Kurt Breede P.Eng to the Board of Renforth as an independent technical director.


Kurt is senior geological engineer and marketing executive with over 20 years experience in the mineral resource industry. He is former Vice President of geological and mining consultancy Watts, Griffis and McOuat, and prior to that was Senior Business Analyst with Gemcom Software (now Dassault Systèmes). He currently works as an independent Mineral Resource and Corporate Development Consultant, serving as Vice Chair of the CIM Toronto Branch Executive, and as a member of the CSA's Mining Technical Advisory and Monitoring Committee.


Renforth CEO Nicole Brewster comments, "I'm delighted to welcome Kurt to the board at this stage in our company's growth as we continue the development of our project portfolio. His technical expertise in mineral resource estimation, strategic mine planning, and marketing will be of considerable benefit to the Company in the coming months, particularly as we continue to outline the extent of mineralization at our Parbec property."


For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

5 months

8020Admin posted a press release Renforth Obtains 24.62 g/t Gold over 0.9m at Parbec in Malartic, Quebec in RENFORTH RESOURCES INC.

 


TORONTO, ON / ACCESSWIRE / February 7, 2019 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce results for the balance of the holes drilled at Parbec in the December 2018 program, which include 24.62 g/t Au over 0.9m in PAR-18-92. The December 2018 program was designed to test the presence of shallow mineralization with grade and continuity outside of a 50m buffer zone from the rail line, and to extend and increase the mineralized zones. Each of PAR-18-91, PAR-18-92, PAR-18-93 and PAR-18-94 successfully intersected mineralization as targeted, defining shallow mineralization and expected to result in positive impact to the resource at Parbec upon recalculation.


Read more:  https://quotemedia.com/portal/quote?qm_symbol=RFR%3ACNX&qmodStoryID=8582344827910117 

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8020Admin

5 months

8020Admin posted a press release Renforth Obtains 11.56 g/t Gold over 1.1m at Parbec in Malartic, Quebec in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / January 29, 2019 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce results for the first three holes drilled at Parbec in the December 2018 program, which includes 11.56 g/t Au over 1.1m in PAR-18-88 the first hole in that program. The December 2018 program was designed to test the presence of shallow mineralization with grade and continuity outside of a 50m buffer zone from the rail line, and to extend and increase the mineralized zones. Each of PAR-18-88, PAR-18-89 and PAR-18-90 successfully intersected mineralization as targeted, defining shallow mineralization and expected to result in positive impact to the resource at Parbec upon recalculation. Results are still pending for the other 4 holes in the December 2018 program, these will be released once available.


Read More: https://quotemedia.com/portal/quote/?qm_symbol=RFR%3ACNX&qmodStoryID=5733455104180845 

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8020Admin

7 months

8020Admin posted a press release Renforth Successfully Completes 7 Drill Holes at Parbec in RENFORTH RESOURCES INC.

TORONTO, ON / ACCESSWIRE / December 20, 2018 / Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that the December 2018 drill program at Parbec has been completed with 7 holes drilled in 1040 m. Each of the 7 holes intersected mineralization in different lithologies, including a "magnetic diorite" visually similar to the material encountered at the SE extent of the Parbec body. Logging of the core has been completed, selected samples are being cut, bagged and tagged and securely delivered to the lab for assaying, results will be released once available.


Drilling Summary


Renforth has completed the following 7 drill holes, PAR-18-88 and PAR-18-89 were previously summarized in the press release of 12/04/18.


PAR-18-88 (4975-T-B) drilled to a length of 161.4m in front of PAR-18-84 and behind PAR-17-69. Previously press released zones in PAR-18-84 included 9.45m at 4.66 g/t Au (09/11/18), previously press released zones in PAR-17-69 included 2.4m at 1.03 g/t Au and 9.7m at 0.81 g/t Au (01/23/18). PAR-18-88 was drilled to infill between the holes and extend continuity of mineralization, visual examination of the core shows that mineralized zones were intersected where anticipated, samples have been sent for assay.


PAR-18-89 (5000-T-A) drilled to a length of 150m this hole is in front of PAR-18-70 and PAR-18-85. Previously press released zones in PAR-18-70 included 14.1m of 1.26 g/t Au and 3.7m of 3.16 g/t Au (02/26/18). Previously press released zones for PAR-18-85 included 10.8m of 1.69 g/t Au (09/11/18). PAR-18-89 was drilled to intersect the mineralization seen in PAR-18-70, visual examination of the core concludes that zones similar to those seen in PAR-18-70 were intersected, samples have been sent for assay.


PAR-18-90 (4975-T-A) drilled to a length of 210m this hole was a step out 50m west, parallel to PAR-18-85, designed to test the Partridge Zone intervals in the area including previously released results from PAR-18-85 with 10.8m of 1.69 g/t Au (11/11/18), PAR-18-73 with 32.6m of 1.44 g/t Au (02/26/18) and PAR-18-74 with 9.45m of 4.66 g/t Au (02/26/18). Numerous mineralized zones were intersected in this drill hole, based upon visual examination. Samples have been sent for assay.


PAR-18-91 (4900-T-B) drilled to a length of 93m this hole was a step out 25m to the west and a step back 15m from PAR-18-71 and PAR-18-72, both of which intersected shallow diorite-hosted mineralization. PAR-18-91 successfully intersected several apparently mineralized zones within the targeted depth range and, unexpectedly, encountered the "magnetic diorite". Samples have been sent for assay.


PAR-18-92 (4850-T-A) drilled to a length of 165m this hole, at the western limit of modern drilling at Parbec, was testing the up-dip extension (an "over cut") of PAR-10-04's deep mineralization intercepts obtained by a previous operator, targeting shallower intercepts. This hole successfully intersected mineralization in the hole, samples have been sent for assay.


PAR-18-93 (4800-T-A) was drilled to a length of 114m, collared 50m west of PAR-18-92, designed to test for strike continuity of mineralization to the west, successfully intersected mineralization as assessed visually, samples have been selected and sent for assay.


PAR-18-94 (4900-T-B undercut) the final hole in this program was drilled to a length of 153m, several meters back from the casing for PAR-18-91, drilled to undercut PAR-18-91 in order to test the depth extension, and obtain vertical separation for modelling purposes, of mineralization encountered in PAR-18-91, specifically the "magnetic diorite", or strongly magnetic carbonate-breccia diorite or diabase unit. This hole successfully intersected mineralization as assessed visually in the field, with a vertical separation between the "magnetic diorite" of approximately 60m. Samples have been selected and sent for assay.


This program finished with 1046.8m drilled in 7 holes in total. Samples have been selected and are being cut, bagged, tagged and securely delivered to the lab. It is anticipated that all samples will be submitted prior to Christmas, with assays to be received in the New Year. Assay results will be reported once received.


Renforth is undertaking to raise funds for additional drilling at Parbec in the New Year via a unit offering of common or flow through shares. The units are priced at $0.05, the common share unit carries a full warrant exercisable at $0.10 for 24 months, the flow through share unit carries a half a warrant, a full warrant exercises into a common share for a period of 18 months at a price of $0.12.


December 2018 Drill Plan Map



(To view the full-size image, please click here)


Technical Information in this press release has been reviewed and approved by Brian H. Newton P.Geo, a "qualified person" pursuant to the guidelines of 43-101. Assays referenced in previous drilling are "core length" references only, not true width, and were originally press released on the dates given in brackets. Those samples were selected in the field, cut, bagged, tagged and sealed by the project geologist and delivered personally to the facilities of Laboratoire d'Analyse Bourlemaque to be fire assayed for gold.


For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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8020Admin

7 months

8020Admin posted a press release Renforth Commences Parbec Drill Program in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / November 27, 2018 / Renforth Resources Inc. (CSE: RFR) ("Renforth" or the "Company") is pleased to announce the commencement of a drill program on the Parbec Resource Property focused on near surface gold mineralization discovered in the NW portion of the property this year. This zone, referred to as the "Partridge Zone", has been tested with 11 holes and one surface trench. This program will test the continuity of the mineralization, designed to confirm and extend grades and thicknesses intersected to date. If results from this program warrant Renforth will commence a complete evaluation for recovery of the shallower portion of the mineralization by open pit. Renforth has planned slightly more than 2000m in this program phase, prior to stopping work for the holidays it is likely only half of the drilling will be completed.


Partridge Zone Highlights



  • Holes drilled during 2017-2018 programs returned a series of intervals with grades ranging from 1 to 4 g/t forming intervals going from 2 meters to up to 30 meters of core length.


    • Examples: PAR-18-70: 14.1m @ 1.26g/t Au; PAR-18-73: 32.6m @ 1.435g/t Au; PAR-18-74: 10.5m @ 2.46g/t Au; PAR-18-85: 10.8m @ 1.69g/t Au and the high-grade PAR-18-74 zone 9.45m @ 4.66g/t Au


  • Mineralized trench channel sampled in 2017 returned 1.55g/t Au over 9 meters

  • Partridge zone drill intercepts are from surface to a depth of 150m

  • Several holes drilled host multiple mineralized zones within the hole



"We are happy to continue to drill Parbec, the only gold deposit located within 5 kms of the Canadian Malartic Mine not controlled by the Mine or Agnico. This program is designed to help us prove our hypothesis that the near surface mineralization at Parbec in the Partridge Zone will be able to be accessed via a small open pit. If successful this would be a repeat of what McWatters Mining did at East Amphi in the early 1990's, a bit more than 1 km to the east, on strike and contiguous to Parbec. East Amphi and its remaining underground resource are now part of the Canadian Malartic Mine" states Nicole Brewster, President and CEO of Renforth.


General corporate affairs of late have included the following;



  • Renforth raised $89,000 by way of private placement of common share units at 5 cents consisting of one share and one warrant, the warrant exercisable for 24 months at $0.10 cents

  • Renforth purchased a 1% NSR on New Alger held by a third party for consideration of $50,000 and 2 million shares of Renforth

  • Renforth obtained a 12 month extension to the Parbec work commitment in exchange for a 1% NSR at New Alger and a total of 5 million shares of Renforth (2.5m now and 2.5m at the end of the extension)


Technical Information in this press release has been reviewed and approved by Brian H. Newton P.Geo, a "qualified person" pursuant to the guidelines of 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


No securities regulatory authority has approved or disapproved of the contents of this news release.


Forward Looking Statements


This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'believe', ' anticipate', 'estimate', 'intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.


SOURCE: Renforth Resources Inc.

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