Renforth Resources Inc.

lockPrivate Group

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...

people4 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
Request Membership


Renforth Resources Inc.

lockPrivateGroup

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

people4 Members       (0)

Thumb 8020 monitor 200200 2

8020 Admin

1 hour ago

8020 Admin posted a press release Renforth Drills 1.25 g/t Au over 7.5m at a Vertical Depth of 330m in a 110m Western Step Out on the Piché Volcanic Mine Vein Sequence at New Alger in RENFORTH RESOURCES INC.



  • All 3 known mine area veins were intersected in this hole, widths up to 16m in the vein package



  • REN-20-38 creates one of the deepest pierce points at New Alger at 360m vertical depth with an interval of 1.84 g/t Au over 1m in Vein #1.



  • REN-20-38 is 300m in from the western property boundary, >700m from the main shaft of the historic Thompson-Cadillac Mine and the current deepest pierce point at 404m vertical depth. REN-20-38 results give depth continuity across the property.



PICKERING, ON / ACCESSWIRE / February 25, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce results from the first hole drilled in the 2020 drill program at our wholly owned New Alger property, located on 1.4 kms of the Cadillac Break near Cadillac, Quebec. REN-20-38, a successful 110m step out to the west from any previous Renforth drilling of the Piché volcanics, is additional validation of the results obtained in the 1940's drilling by Alger Gold Mines Limited which demonstrate gold mineralization across the entire western portion of New Alger.


With this drillhole, the furthest west, Renforth notes that, once again, the mineralized zones are associated not only with the quartz veins, there is additional width provided by the gold bearing alteration halo, also present in the eastern portion of the property. In this hole the typical blue/grey quartz veins are not as robust as they are to the east, possibly pinching. In the zones there are several competent lithologies present which have been fractured and brecciated, displaying carbonate, sericite and biotite alteration, these are carrying gold over widths greater than the width of the veins.


REN-20-38 Assay Highlights


Read more here: https://quotemedia.com/portal/quote/?qm_symbol=RFR%3ACNX&qmodStoryID=7475359283623083 

!
Thumb 8020 monitor 200200 2

8020 Admin

15 days ago

8020 Admin posted a press release Additional Mineralization Added to Renforth's Discovery Veins, Including 8.5m of 0.87 g/t Au at a Distance of 49.5m Down Hole in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / February 10, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to share with our shareholders recent results from additional sampling of a Discovery Vein drill hole from November 2019. This resampling results in new assay information, including 8.5m of 0.87 g/t Au at a depth of only 49.5m down the hole, which was not previously known to be mineralized. This shallow mineralization was included in a total of 9.8m of mineralization the new data adds to the drill hole. The additional sampling was undertaken in order to obtain quarter cuts of certain samples which were taken in November 2019 but not processed due to equipment issues. In taking the quarter cut samples Renforth's geologist decided to take "contingency" samples of greywacke in order close off mineralized intercepts. These contingency samples unexpectedly gave gold values in assay, including 2.3 g/t Au over 2m between 49.5 and 51.5m as measured in the core box. The core box in question is pictured below. The assumption in the field was that the sample would come back with a zero value, based on visual inspection of the core as compared to other core drilled in other areas. Renforth has discovered that this assumption is incorrect in the Discovery Veins.


Renforth is very happy to have discovered that greywacke, possibly with micro fractures present but difficult to discern or wispy, indistinct veining, is carrying gold in the Discovery Veins. As a result, come spring when core is accessible, Renforth will be relogging the Discovery Vein drillholes with this new knowledge in mind.


The complete results of the resampling are presented below in black, blue are sample results previously press released on January 21, 2020.


Drillhole REN-19-34 Resampling


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=RFR%3ACNX&qmodStoryID=4792575945208572 

!
Thumb 8020 monitor 200200 2

8020 Admin

20 days ago

8020 Admin posted a press release Renforth Resumes Drilling at New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / February 5, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that drilling has resumed on Renforth's wholly owned New Alger gold property, located in the Cadillac Mining Camp in northwestern Quebec. This program will drill several longer holes across the Cadillac Break, through the Piché volcanics and into the Pontiac sediments, further exploring the first, where Renforth recently discovered new gold occurrences, and getting deeper pierce points within the Piché, which hosts the existing identified mineralization on the property. The Company is pleased to have the support of shareholders in funding the Company in December 2019, those funds are being used to increase our knowledge and the value of New Alger.


Results will be reported on as they are obtained.


Renforth held its' Annual General Meeting pursuant to the notice which was given, >30% of the outstanding shares were voted at the meeting in support of management's recommendations. Renforth would like to thank those shareholders who took the time to vote.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances' additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/575332/Renforth-Resumes-Drilling-at-New-Alger

!
Thumb 8020 monitor 200200 2

8020 Admin

1 month ago

8020 Admin posted a press release Renforth Discovers New Gold Bearing Zones in Unexplored Cadillac Break at Wholly Owned New Alger Property, Cadillac Mining Camp, Quebec in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / January 21, 2020 / Renforth Resources Inc. (CSE:RFR)(OTCPink:RFHRF) ("Renforth" or the "Company") is pleased to report on the discovery of new gold bearing zones within unexplored areas of the Cadillac Break and successful results in the first drill program on the Discovery Veins, both on Renforth's wholly owned New Alger property, located on 1.4 kms of the Cadillac Break in the Cadillac Mining Camp, Quebec. Highlights of the first drill program in almost five years at New Alger are;



  • New Discovery of the gold-bearing Sericite Zone in Cadillac Break, which assayed up to 11.2 g/t Au over 0.5m. The Sericite zone was intersected over 160m in 3 holes and is open on strike, this zone is located north of any previous exploration

  • New Alger's Thompson-Cadillac Mine Veins (#1, 2 and 3) were all intersected in each hole and delivered widths >3m in assay in several instances, including 4.8m of 5.38 g/t Au, within which was 1.9m of 11.83 g/t Au in the #3 Vein as seen in the table below

  • The Cadillac Break, north of the Sericite Zone, yielded the discovery of several instances of gold. This area has seen no prior exploration, the presence of gold in the unexplored north zone is a new discovery which is open at New Alger

  • "Discovery Veins" proven gold bearing to depths of up to ~120m across entire stripped area, stripped over ~250m and are open on strike. The Discovery Veins, discovered by Renforth in 2017, have never been drilled previously

  • Gold was present in each of the 10 holes drilled in 2057m in the November 2019 program with a nugget effect observed in Renforth's internal QA/QC program. Selected samples which assayed >0.5 g/t Au will be resubmitted for a second assay


New Alger Cadillac Break Results Summary


New Alger mine area results from this drill program indicate that the Cadillac Break is gold-bearing within and outside of the previously focused on area where the Piché volcanics meet the Pontiac sediments in the south. In this program, Renforth obtained mineralization, as targeted, within the 3 vein systems that formed the historic Thompson-Cadillac Mine in the eastern portion of New Alger, recognized as the same veins present at the adjacent historic O'Brien Mine. These drill holes were selected as "undercuts" of Renforth's previous (2007, 2010) drilling, successfully extending mineralization deeper. The "mine vein" package strikes East-West across ~1.4 kms of the property and is approximately 100m in width. The discovery of the gold-bearing sericite zone in the previously undrilled north zone of the Cadillac Break adds ~40m to the width of the mineralized package, as seen in the only 3 holes to have tested this zone to date. One of the 3 holes went further north than the other two and encountered additional previously unknown gold mineralization at lithological contacts within the Cadillac Break schists, outside of the ~140 width of the currently defined mineralized package. Renforth's next drill program at New Alger will focus on drilling through the Cadillac Break and extending these findings and recent discoveries.


New Alger Cadillac Break Assay Highlights


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=RFR%3ACNX&qmodStoryID=6399624794993160 

!
Thumb 8020 monitor 200200 2

8020 Admin

2 months ago

8020 Admin posted a press release Renforth Funds Winter 2020 Drill Program at New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / January 6, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that a total of $777,700 has been raised via the sale of common and flow through shares from treasury, this will fund drilling, to commence in January 2020, at Renforth's wholly owned New Alger Gold Property, located on the Cadillac Break in the Cadillac Mining Camp of Quebec's Abitibi.


Funds were raised by the sale of 550,000 common share units priced at $0.05 per unit, with each unit consisting of one common share and one common share purchase warrant, each warrant entitling the holder to purchase a common share at a price of $0.075 for a period of 24 months from closing. In addition, 12,503,334 flow-through units, priced at $0.06 each, were sold, each unit consisting of one share issued on a flow-through basis and one common share purchase warrant, allowing the holder to purchase a common share for a period of 24 months after closing at an exercise price of $0.10.


Renforth has commenced planning the January 2020 program, a follow up to the successful 2057m, 10 drill hole, November 2019 program which discovered a new gold bearing zone within the Cadillac Break at New Alger. Assay results from this program are still pending, however, this does not hold up planning the next program which will, in general terms, continue to advance westwards on the property.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/572106/Renforth-Funds-Winter-2020-Drill-Program-at-New-Alger

!
Thumb 8020 monitor 200200 2

8020 Admin

3 months ago

8020 Admin posted a press release Renforth's Malartic West Assays Confirm Extent of Copper Discovery in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / December 11, 2019 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that assays results for Malartic West confirm the extension of the copper discovery, to approximately 165m in strike.



"Malartic West is a new discovery, of copper and high silver values, in an underexplored brownfield setting adjacent to the Cadillac Break and contiguous to the Canadian Malartic Mine property. At Malartic West we have proven that there is copper and silver present on surface, with our discovery open on strike and never drilled. We look forward to future exploration of this discovery, as well as the areas of gold mineralization at Malartic West," states Nicole Brewster, President and CEO of Renforth.


Grab samples obtained in the Oct/Nov 2019 program range from elevated copper up to 0.895% and 0.889% Cu, along with silver values as high as 8.31 g/t Ag, higher silver values correlate with higher copper values. Grab samples are selective in nature and not necessarily representative of mineralization on the entire property.


Renforth anticipates that the next step for Malartic West, as boots on the ground field work is not an option until the spring thaw, is a geophysical survey, there has been nothing of note done to date. Within Renforth's portfolio of 5 wholly owned gold bearing properties the Malartic West Property ranks as an exploration project and as such is not Renforth's primary focus. Renforth is focused on developing the known resources at each of New Alger and Parbec. The recent, successfully completed, drill program at New Alger has discovered new gold mineralization, which will not be included in the ongoing NI43-101 resource estimate recalculation, on track to be completed at the end of the year and therefore anticipated to be released in January, with the same at Parbec. Assays are awaited for the recent New Alger program, these will also be released once available. With the deployment of the last raised funds to drilling New Alger and resource estimate updating at New Alger and Parbec, Renforth is again raising money. The use of proceeds will be another drill program at New Alger, the target amount to be raised to fund that program is approximately $400,000.


Sample data referred to in this press release was obtained from samples bagged, tagged and sealed in the field, and then hand delivered to ALS in Val d'Or for multi-element processing.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/569875/Renforths-Malartic-West-Assays-Confirm-Extent-of-Copper-Discovery

!
Thumb 8020 monitor 200200 2

8020 Admin

3 months ago

8020 Admin posted a press release Renforth Discovers New Mineralized Zone in Cadillac Break at Wholly Owned New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / December 3, 2019 / Renforth Resources Inc. (CSE:RFR)(OTCPINK:RFHRF) ("Renforth" or the "Company") is pleased to announce the discovery of a new gold bearing zone north of the historic Thompson-Cadillac Mine mineralized veins, within the Cadillac Break, at New Alger. The "sericite" zone was intersected in all 3 Cadillac Break holes, for an initial strike length of 200m, with pierce points between approx. 150 and 250 m vertical depth. This newly discovered zone is open on strike and down-dip. REN-19-35, the first Cadillac Break hole, contained a fleck of visible gold within the sericite zone.


The November 2019 program consisted of 10 holes, in 2057 metres, each targeting previously un-drilled areas of the New Alger property, specifically the Discovery Veins area, exploring for down-dip extension of surface gold mineralization, and the historic mine area, looking for down-dip extension of gold mineralization encountered in previous drill holes and with the specific aim of exploring the Cadillac Break north of the mine. The mine area exploration holes, in the vicinity of the Thompson-Cadillac #2 shaft and westwards, were allowed to continue past the point where all previous historic and modern drilling was stopped, drilling north into the Cadillac Break, entirely unexplored virgin ground on one of Canada's most prolific gold structures. Each of the 10 holes drilled successfully hit the targeted surface Discovery Vein mineralization, the 3 mine veins, and new zones, each containing the mineralogy typically found with gold on this property. Samples from the mineralized areas of these drill holes have been sent for assay and will be reported upon once the results are available.


Discovery Vein Drillholes


The first 7 holes in the drill program are the first ever holes drilled into the "Discovery Veins", located in the Pontiac sediments ~250m south of the mine area, re-discovered and stripped over 270m by Renforth, this mineralized system consists of numerous surface quartz vein sets, swarms and blowouts which are gold bearing. The system is proven to extend to the west on Renforth's property under shallow overburden. This discovery, which pinches and swells on surface from veins of less than 1m in width to a mineralized package up to 15m in width in places, is interpreted to represent a splay of the Cadillac Break mineralization, has never before been drilled.


REN-19-28 collared in the eastern ATV/access trail to the stripped area and drilled south this hole was designed to undercut a surface sample of 2.19 g/t Au over 0.55m, obtained in the August 2019 stripping program (press release Aug. 27/19) and the Discovery Vein stripped area. This 204m hole drilled at -45 dip encountered alteration/vein material in core between 92-101m, 129-132m and 189-192m as measured down hole in core. Chlorite and biotite alteration was present in the hole, along with arsenopyrite and pyrite mineralization.


REN-19-29 collared in the eastern end of the stripped area and drilled north this 75m hole, at -45 dip, targeting the Discovery Veins intersected greywacke with numerous quartz vein sets from 27-40m measured in core and additional quartz veins sets from 51-55m and 68-70m. Chlorite and biotite alteration often surrounds the veins, local disseminations of arsenopyrite and pyrite are also present.


REN-19-30 collared on the same set up as REN-19-29 this hole was drilled north for 111m at a dip of -60, encountering greywacke with vein sets from 39-54m as well as sporadic veins for the remainder of the hole. Biotite and chlorite alteration were often seen within and along vein walls. Local disseminations of fine to medium pyrite is found along veining from 30-40m and 60-90m. Fine to medium grained arsenopyrite is found within and around some veins at 41-42m, 53m, 66m, 81-88m and 103m.


REN-19-31 collared in the central area of the Discovery Veins, in an area blasted historically. This hole was drilled south for 75m at an angle of -45 and intersected minor quartz veining from 14-29m and major veining in several instances from 46-47.1m, 47.5-48.1m and 51.9-52.25m. Biotite is present in the greywacke over most of the hole, arsenopyrite in various concentrations also occurs.


REN-19-32 collared on the same set up as REN-19-32 this hole was drilled north for 114m. Occasional small veins were present throughout the hole with background biotite alteration and trace arsenopyrite.


REN-19-33 collared at the western end of the stripped area this hole was drilled south for 75m at a dip of -45, encountering biotite alteration through most of the hole. This hole contained significant veining, with quartz lenses present from 20-22m and a large quartz/albite vein from 31.4-32.5m with an irregular breccia-welded texture and schistose wallrock fragments within it. Pyrite is present in many areas, from 35.9-39.8m and 44-46.8m there are 2 zones of disseminated arsenopyrite mineralization.


REN-19-34 collared on the same set up as REN-19-33 this hole was drilled south for 111m at a dip of -60, encountering numerous quartz vein zones and a possible volcanic unit which was partly silicified.


Cadillac Break Drillholes


The final 3 holes in the drill program targeted the mineralized veins of the mine area, within the Piche volcanics, which, in the Thompson-Cadillac Mine area, are interlayered with the schist of the Cadillac Break. In addition to this the intent was to drill further north than has been previously done, ideally through the volcanics and into the Cadillac sediments to the north. Due to a combination of budget constraints and the widening of the Cadillac Break the Cadillac sediments have not yet been reached. Renforth did successfully intersect the never before drilled albitite which was noted as present on a 1929 Quebec Bureau of Mines map over ~100 feet in the northern crosscut from the Thompson-Cadillac Mine. In addition to intersecting this Renforth discovered new zones, specifically a gold bearing sericite zone within the schist of the Cadillac Break.


REN-19-35 collared in the central area of the property, near the Thompson-Cadillac #2 (100 foot deep) shaft, this hole was drilled north for 335.1m at an angle of -45, intersecting two major and three smaller zones of mineralization within the Piche volcanics including 45.4-58m and 86.1-94.3m measured in core. Within the schist occurred sediments with alteration and mineralization at 124.7-153.2m and 186.5-198m, in additional a complex zone from 216-240.8m included talc schist, biotite schist and the sericite alteration zone, in this hole with visible gold. Massive albitite was encountered from 240.8-248.9, appearing as very pale grey porphyritic unit with trace arsenopyrite and pyrite within its groundmass. This hole terminated in volcanics with, at the very end of the hole, a small amount of chalcopyrite and pyrrhotite that appears to be a coarse grained gabbro with chalcopyrite as a fracture fill.


REN-19-36 collared 100m west of REN-19-35 this hole was drilled north 480m at a dip of -60, targeting a down-dip extension of several REN-10-05 gold intervals, including 3.10 g/t Au over 18.2m including 8.7 g/t Au over 2.5m (press release Feb 24/11) in addition to again drilling further north into the Break. The targeted extension was obtained, intersections in this hole included 158.5-178.6m, interpreted as vein #1, 194-212m, interpreted as vein #2, 238-257m, interpreted as vein #3, the sericite zone from 350.9-355.1m and the albitite zone from 468.7-472.8m, all as measured in the core box.


REN-19-37 collared 100m west of REN-19-36 this hole was also, in part, undercutting a prior hole, REN-10-08 which had several gold intersections including 1.07 g/t Au over 7m (press release Feb 24/11) in addition to drilling further north into the Cadillac Break. This hole successfully intersected the 3 mine area veins in addition to the other zones seen in the prior two holes.


All three of the Cadillac Break holes intersected numerous lenses of volcanics within schist, none reaching the northern contact of the Break and the Cadillac sediments, the Break is interpreted (with limited data) to widen as it moves west within these three holes.


Samples selected in drill core are being split and delivered to the lab for fire assay for gold. Selected samples will be assayed for full elemental results.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/568802/Renforth-Discovers-New-Mineralized-Zone-in-Cadillac-Break-at-Wholly-Owned-New-Alger

!
Thumb 8020 monitor 200200 2

8020 Admin

4 months ago

8020 Admin posted a press release Renforth Successfully Increases Interpreted Strike of Malartic West Copper/Silver Discovery in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / November 4, 2019 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") has successfully extended the Beaupre copper/silver discovery on Renforth's wholly owned Malartic West property, contiguous to the Canadian Malartic Mine, to a current total strike length of 165m, an increase of just over 100m, and exposed en-echelon quartz veining to the south. The strike is still open, exploration work was ended, as expected, by several days of snowfall.



Samples have been taken in the field, consisting of channels cut and grab samples, these will be delivered to the lab for assay work, the results reported upon when available. Locations sampled include the shear zone and quartz veining, visual identification in the field of mineralization included chalcopyrite, bornite and pyrite.


Renforth's geologists have repositioned to New Alger and are spotting the planned holes, managing the mobilization of the drill to the property, drilling will commence as soon as possible.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/565216/Renforth-Successfully-Increases-Interpreted-Strike-of-Malartic-West-CopperSilver-Discovery

!
Thumb 8020 monitor 200200 2

8020 Admin

4 months ago

8020 Admin posted a press release Renforth Commences Fall Exploration and Drilling Programs at Malartic West, New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / October 31, 2019 / Renforth Resources Inc. (CSE:RFR)(OTC:RFHRF) ("Renforth" or the "Company") offers shareholders the following update:



  • Malartic West exploration has resumed on the Beaupre copper discovery, paused in consideration of local hunters, with prospecting and trenching to trace and potentially expand the surface copper/silver discovery, also possible work at the low grade gold anomaly in the south as further detailed below.

  • New Alger in November will be drilled again! Last drilled in 2015, work planned includes below the 270m of gold exposed in the Discovery Vein surface stripping, further details are offered below.

  • Resource Estimate Updates significant progress made with New Alger and Parbec Mineral Resource Estimates, open pit optimization underway at New Alger, wireframing nearly complete at Parbec.

  • Financing completed as summarized below, Renforth is funded for the planned exploration


Malartic West


Brief work at the property in August, which included some sampling at the Beaupre copper showing, yielded an additional grab sample high value of 3.59% Cu and 6.62 g/t Ag, in addition to other sample results previously announced obtained over the 60m exposure at Beaupre. This copper showing is a discovery program, with no prior work and little geophysical coverage. Renforth is currently in the field prospecting and trenching, searching for extensions to this occurrence. In addition to field work Renforth is pursuing data acquisition, this includes a LWIR (longwave infrared) study obtained from Japanese ASTER satellite imagery interpreted by DIRT Exploration of South Africa. While this data is coarse (90m resolution) a chalcopyrite anomaly co-incident with the Beaupre showing registers, this ~1km long anomaly is the initial prospecting target.



Also at Malartic West, and depicted above and below, is the Surimau low grade gold occurrence, which based upon initial discovery sampling and historic drill holes, is gold occurring in the sediments and the Lac Surimau granodiorite, in an area of structural complexity and numerous targets. Renforth hopes to carry out additional prospecting at this location this fall, however, snow is possible as early as the end of this week, weather will affect how much field work gets completed at Malartic West, ahead of drilling at New Alger. Snow and the onset of winter does not affect drilling at New Alger


.



New Alger


Drilling at New Alger will commence next week, with drill mobilization scheduled for Monday. Targets for this drill program are being finalized, a process which is aided by the recently completed 3d modelling of New Alger, including the Discovery Veins, completed by P&E Mining Consultants Inc. a part of the new Mineral Resource Estimate for New Alger. In general terms it is expected that the drill program will include the following targets (1) the Discovery Veins including the western end, the eastern end and under the main historic blast pit (2) the vicinity of Shaft #2 in the Thompson-Cadillac Mine, sunk into the #2 Vein at New Alger and (3) the +100 feet of Albite mapped underground in the north crosscut at the 300 level of the Thompson-Cadillac Mine. Albite is a lithology that is present in the Cadillac Mining Camp which is very brittle and very prospective as a gold host, in part as it is considered genetically related to the gold bearing solutions which formed the Camp. These are only a few of the target areas which Renforth's geological model presents, all are being considered and prioritized.


Mineral Resource Estimate Updates


At New Alger the drill and surface exploration data has been used to create a 3d model, with wireframe solids created which define the veins drilled at New Alger to date. Based upon the grades contained within the solids the software program calculated and constructed a block model, with each block having a metal value. This block model is being run though a pit optimization software package by P&E Mining Consultants Inc., the end result of which will be a Mineral Resource Estimate expressed as "pit constrained" and "outside of pit" mineralization. Renforth looks forward to receipt of all of this information and will publish it in due course.


At Parbec the Mineral Resource Estimate update is also proceeding, the 3d model has been built with the drill and surface exploration data, the process of wireframing to create solids has begun. While not as far along in the process as New Alger, Parbec is also proceeding smoothly and will also be released once available.


New Alger 3d Model (Looking NW)



Financing


Renforth has completed a closing of a private placement with the issuance of 1,500,000 common share units, each unit priced at $0.05 and consisting of one common share and one warrant to acquire an additional common share at a price of $0.075 for a period of 24 months, and 5,488,000 flow through share units, each flow through unit priced at $0.06 and consisting of one share issued on a "flow-through" basis and one warrant to acquire an additional common share at a price of $0.10 for a period of 24 months, for a total raised in this closing of $404,280. Commission and fees totaling $25,862 in cash were paid, 436,373 broker's warrants entitling the holder to acquire an additional common share at $0.10 were issued pursuant to this closing.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/564765/Renforth-Commences-Fall-Exploration-and-Drilling-Programs-at-Malartic-West-New-Alger

!

Renforth Resources Inc.

lockPrivate Group

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...

people4 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
Request Membership


Renforth Resources Inc.

lockPrivateGroup

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

people4 Members       (0)

Thumb 8020 monitor 200200 2

8020 Admin

1 hour ago

8020 Admin posted a press release Renforth Drills 1.25 g/t Au over 7.5m at a Vertical Depth of 330m in a 110m Western Step Out on the Piché Volcanic Mine Vein Sequence at New Alger in RENFORTH RESOURCES INC.



  • All 3 known mine area veins were intersected in this hole, widths up to 16m in the vein package



  • REN-20-38 creates one of the deepest pierce points at New Alger at 360m vertical depth with an interval of 1.84 g/t Au over 1m in Vein #1.



  • REN-20-38 is 300m in from the western property boundary, >700m from the main shaft of the historic Thompson-Cadillac Mine and the current deepest pierce point at 404m vertical depth. REN-20-38 results give depth continuity across the property.



PICKERING, ON / ACCESSWIRE / February 25, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce results from the first hole drilled in the 2020 drill program at our wholly owned New Alger property, located on 1.4 kms of the Cadillac Break near Cadillac, Quebec. REN-20-38, a successful 110m step out to the west from any previous Renforth drilling of the Piché volcanics, is additional validation of the results obtained in the 1940's drilling by Alger Gold Mines Limited which demonstrate gold mineralization across the entire western portion of New Alger.


With this drillhole, the furthest west, Renforth notes that, once again, the mineralized zones are associated not only with the quartz veins, there is additional width provided by the gold bearing alteration halo, also present in the eastern portion of the property. In this hole the typical blue/grey quartz veins are not as robust as they are to the east, possibly pinching. In the zones there are several competent lithologies present which have been fractured and brecciated, displaying carbonate, sericite and biotite alteration, these are carrying gold over widths greater than the width of the veins.


REN-20-38 Assay Highlights


Read more here: https://quotemedia.com/portal/quote/?qm_symbol=RFR%3ACNX&qmodStoryID=7475359283623083 

!
Thumb 8020 monitor 200200 2

8020 Admin

15 days ago

8020 Admin posted a press release Additional Mineralization Added to Renforth's Discovery Veins, Including 8.5m of 0.87 g/t Au at a Distance of 49.5m Down Hole in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / February 10, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to share with our shareholders recent results from additional sampling of a Discovery Vein drill hole from November 2019. This resampling results in new assay information, including 8.5m of 0.87 g/t Au at a depth of only 49.5m down the hole, which was not previously known to be mineralized. This shallow mineralization was included in a total of 9.8m of mineralization the new data adds to the drill hole. The additional sampling was undertaken in order to obtain quarter cuts of certain samples which were taken in November 2019 but not processed due to equipment issues. In taking the quarter cut samples Renforth's geologist decided to take "contingency" samples of greywacke in order close off mineralized intercepts. These contingency samples unexpectedly gave gold values in assay, including 2.3 g/t Au over 2m between 49.5 and 51.5m as measured in the core box. The core box in question is pictured below. The assumption in the field was that the sample would come back with a zero value, based on visual inspection of the core as compared to other core drilled in other areas. Renforth has discovered that this assumption is incorrect in the Discovery Veins.


Renforth is very happy to have discovered that greywacke, possibly with micro fractures present but difficult to discern or wispy, indistinct veining, is carrying gold in the Discovery Veins. As a result, come spring when core is accessible, Renforth will be relogging the Discovery Vein drillholes with this new knowledge in mind.


The complete results of the resampling are presented below in black, blue are sample results previously press released on January 21, 2020.


Drillhole REN-19-34 Resampling


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=RFR%3ACNX&qmodStoryID=4792575945208572 

!
Thumb 8020 monitor 200200 2

8020 Admin

20 days ago

8020 Admin posted a press release Renforth Resumes Drilling at New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / February 5, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that drilling has resumed on Renforth's wholly owned New Alger gold property, located in the Cadillac Mining Camp in northwestern Quebec. This program will drill several longer holes across the Cadillac Break, through the Piché volcanics and into the Pontiac sediments, further exploring the first, where Renforth recently discovered new gold occurrences, and getting deeper pierce points within the Piché, which hosts the existing identified mineralization on the property. The Company is pleased to have the support of shareholders in funding the Company in December 2019, those funds are being used to increase our knowledge and the value of New Alger.


Results will be reported on as they are obtained.


Renforth held its' Annual General Meeting pursuant to the notice which was given, >30% of the outstanding shares were voted at the meeting in support of management's recommendations. Renforth would like to thank those shareholders who took the time to vote.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances' additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/575332/Renforth-Resumes-Drilling-at-New-Alger

!
Thumb 8020 monitor 200200 2

8020 Admin

1 month ago

8020 Admin posted a press release Renforth Discovers New Gold Bearing Zones in Unexplored Cadillac Break at Wholly Owned New Alger Property, Cadillac Mining Camp, Quebec in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / January 21, 2020 / Renforth Resources Inc. (CSE:RFR)(OTCPink:RFHRF) ("Renforth" or the "Company") is pleased to report on the discovery of new gold bearing zones within unexplored areas of the Cadillac Break and successful results in the first drill program on the Discovery Veins, both on Renforth's wholly owned New Alger property, located on 1.4 kms of the Cadillac Break in the Cadillac Mining Camp, Quebec. Highlights of the first drill program in almost five years at New Alger are;



  • New Discovery of the gold-bearing Sericite Zone in Cadillac Break, which assayed up to 11.2 g/t Au over 0.5m. The Sericite zone was intersected over 160m in 3 holes and is open on strike, this zone is located north of any previous exploration

  • New Alger's Thompson-Cadillac Mine Veins (#1, 2 and 3) were all intersected in each hole and delivered widths >3m in assay in several instances, including 4.8m of 5.38 g/t Au, within which was 1.9m of 11.83 g/t Au in the #3 Vein as seen in the table below

  • The Cadillac Break, north of the Sericite Zone, yielded the discovery of several instances of gold. This area has seen no prior exploration, the presence of gold in the unexplored north zone is a new discovery which is open at New Alger

  • "Discovery Veins" proven gold bearing to depths of up to ~120m across entire stripped area, stripped over ~250m and are open on strike. The Discovery Veins, discovered by Renforth in 2017, have never been drilled previously

  • Gold was present in each of the 10 holes drilled in 2057m in the November 2019 program with a nugget effect observed in Renforth's internal QA/QC program. Selected samples which assayed >0.5 g/t Au will be resubmitted for a second assay


New Alger Cadillac Break Results Summary


New Alger mine area results from this drill program indicate that the Cadillac Break is gold-bearing within and outside of the previously focused on area where the Piché volcanics meet the Pontiac sediments in the south. In this program, Renforth obtained mineralization, as targeted, within the 3 vein systems that formed the historic Thompson-Cadillac Mine in the eastern portion of New Alger, recognized as the same veins present at the adjacent historic O'Brien Mine. These drill holes were selected as "undercuts" of Renforth's previous (2007, 2010) drilling, successfully extending mineralization deeper. The "mine vein" package strikes East-West across ~1.4 kms of the property and is approximately 100m in width. The discovery of the gold-bearing sericite zone in the previously undrilled north zone of the Cadillac Break adds ~40m to the width of the mineralized package, as seen in the only 3 holes to have tested this zone to date. One of the 3 holes went further north than the other two and encountered additional previously unknown gold mineralization at lithological contacts within the Cadillac Break schists, outside of the ~140 width of the currently defined mineralized package. Renforth's next drill program at New Alger will focus on drilling through the Cadillac Break and extending these findings and recent discoveries.


New Alger Cadillac Break Assay Highlights


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=RFR%3ACNX&qmodStoryID=6399624794993160 

!
Thumb 8020 monitor 200200 2

8020 Admin

2 months ago

8020 Admin posted a press release Renforth Funds Winter 2020 Drill Program at New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / January 6, 2020 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that a total of $777,700 has been raised via the sale of common and flow through shares from treasury, this will fund drilling, to commence in January 2020, at Renforth's wholly owned New Alger Gold Property, located on the Cadillac Break in the Cadillac Mining Camp of Quebec's Abitibi.


Funds were raised by the sale of 550,000 common share units priced at $0.05 per unit, with each unit consisting of one common share and one common share purchase warrant, each warrant entitling the holder to purchase a common share at a price of $0.075 for a period of 24 months from closing. In addition, 12,503,334 flow-through units, priced at $0.06 each, were sold, each unit consisting of one share issued on a flow-through basis and one common share purchase warrant, allowing the holder to purchase a common share for a period of 24 months after closing at an exercise price of $0.10.


Renforth has commenced planning the January 2020 program, a follow up to the successful 2057m, 10 drill hole, November 2019 program which discovered a new gold bearing zone within the Cadillac Break at New Alger. Assay results from this program are still pending, however, this does not hold up planning the next program which will, in general terms, continue to advance westwards on the property.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/572106/Renforth-Funds-Winter-2020-Drill-Program-at-New-Alger

!
Thumb 8020 monitor 200200 2

8020 Admin

3 months ago

8020 Admin posted a press release Renforth's Malartic West Assays Confirm Extent of Copper Discovery in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / December 11, 2019 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that assays results for Malartic West confirm the extension of the copper discovery, to approximately 165m in strike.



"Malartic West is a new discovery, of copper and high silver values, in an underexplored brownfield setting adjacent to the Cadillac Break and contiguous to the Canadian Malartic Mine property. At Malartic West we have proven that there is copper and silver present on surface, with our discovery open on strike and never drilled. We look forward to future exploration of this discovery, as well as the areas of gold mineralization at Malartic West," states Nicole Brewster, President and CEO of Renforth.


Grab samples obtained in the Oct/Nov 2019 program range from elevated copper up to 0.895% and 0.889% Cu, along with silver values as high as 8.31 g/t Ag, higher silver values correlate with higher copper values. Grab samples are selective in nature and not necessarily representative of mineralization on the entire property.


Renforth anticipates that the next step for Malartic West, as boots on the ground field work is not an option until the spring thaw, is a geophysical survey, there has been nothing of note done to date. Within Renforth's portfolio of 5 wholly owned gold bearing properties the Malartic West Property ranks as an exploration project and as such is not Renforth's primary focus. Renforth is focused on developing the known resources at each of New Alger and Parbec. The recent, successfully completed, drill program at New Alger has discovered new gold mineralization, which will not be included in the ongoing NI43-101 resource estimate recalculation, on track to be completed at the end of the year and therefore anticipated to be released in January, with the same at Parbec. Assays are awaited for the recent New Alger program, these will also be released once available. With the deployment of the last raised funds to drilling New Alger and resource estimate updating at New Alger and Parbec, Renforth is again raising money. The use of proceeds will be another drill program at New Alger, the target amount to be raised to fund that program is approximately $400,000.


Sample data referred to in this press release was obtained from samples bagged, tagged and sealed in the field, and then hand delivered to ALS in Val d'Or for multi-element processing.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/569875/Renforths-Malartic-West-Assays-Confirm-Extent-of-Copper-Discovery

!
Thumb 8020 monitor 200200 2

8020 Admin

3 months ago

8020 Admin posted a press release Renforth Discovers New Mineralized Zone in Cadillac Break at Wholly Owned New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / December 3, 2019 / Renforth Resources Inc. (CSE:RFR)(OTCPINK:RFHRF) ("Renforth" or the "Company") is pleased to announce the discovery of a new gold bearing zone north of the historic Thompson-Cadillac Mine mineralized veins, within the Cadillac Break, at New Alger. The "sericite" zone was intersected in all 3 Cadillac Break holes, for an initial strike length of 200m, with pierce points between approx. 150 and 250 m vertical depth. This newly discovered zone is open on strike and down-dip. REN-19-35, the first Cadillac Break hole, contained a fleck of visible gold within the sericite zone.


The November 2019 program consisted of 10 holes, in 2057 metres, each targeting previously un-drilled areas of the New Alger property, specifically the Discovery Veins area, exploring for down-dip extension of surface gold mineralization, and the historic mine area, looking for down-dip extension of gold mineralization encountered in previous drill holes and with the specific aim of exploring the Cadillac Break north of the mine. The mine area exploration holes, in the vicinity of the Thompson-Cadillac #2 shaft and westwards, were allowed to continue past the point where all previous historic and modern drilling was stopped, drilling north into the Cadillac Break, entirely unexplored virgin ground on one of Canada's most prolific gold structures. Each of the 10 holes drilled successfully hit the targeted surface Discovery Vein mineralization, the 3 mine veins, and new zones, each containing the mineralogy typically found with gold on this property. Samples from the mineralized areas of these drill holes have been sent for assay and will be reported upon once the results are available.


Discovery Vein Drillholes


The first 7 holes in the drill program are the first ever holes drilled into the "Discovery Veins", located in the Pontiac sediments ~250m south of the mine area, re-discovered and stripped over 270m by Renforth, this mineralized system consists of numerous surface quartz vein sets, swarms and blowouts which are gold bearing. The system is proven to extend to the west on Renforth's property under shallow overburden. This discovery, which pinches and swells on surface from veins of less than 1m in width to a mineralized package up to 15m in width in places, is interpreted to represent a splay of the Cadillac Break mineralization, has never before been drilled.


REN-19-28 collared in the eastern ATV/access trail to the stripped area and drilled south this hole was designed to undercut a surface sample of 2.19 g/t Au over 0.55m, obtained in the August 2019 stripping program (press release Aug. 27/19) and the Discovery Vein stripped area. This 204m hole drilled at -45 dip encountered alteration/vein material in core between 92-101m, 129-132m and 189-192m as measured down hole in core. Chlorite and biotite alteration was present in the hole, along with arsenopyrite and pyrite mineralization.


REN-19-29 collared in the eastern end of the stripped area and drilled north this 75m hole, at -45 dip, targeting the Discovery Veins intersected greywacke with numerous quartz vein sets from 27-40m measured in core and additional quartz veins sets from 51-55m and 68-70m. Chlorite and biotite alteration often surrounds the veins, local disseminations of arsenopyrite and pyrite are also present.


REN-19-30 collared on the same set up as REN-19-29 this hole was drilled north for 111m at a dip of -60, encountering greywacke with vein sets from 39-54m as well as sporadic veins for the remainder of the hole. Biotite and chlorite alteration were often seen within and along vein walls. Local disseminations of fine to medium pyrite is found along veining from 30-40m and 60-90m. Fine to medium grained arsenopyrite is found within and around some veins at 41-42m, 53m, 66m, 81-88m and 103m.


REN-19-31 collared in the central area of the Discovery Veins, in an area blasted historically. This hole was drilled south for 75m at an angle of -45 and intersected minor quartz veining from 14-29m and major veining in several instances from 46-47.1m, 47.5-48.1m and 51.9-52.25m. Biotite is present in the greywacke over most of the hole, arsenopyrite in various concentrations also occurs.


REN-19-32 collared on the same set up as REN-19-32 this hole was drilled north for 114m. Occasional small veins were present throughout the hole with background biotite alteration and trace arsenopyrite.


REN-19-33 collared at the western end of the stripped area this hole was drilled south for 75m at a dip of -45, encountering biotite alteration through most of the hole. This hole contained significant veining, with quartz lenses present from 20-22m and a large quartz/albite vein from 31.4-32.5m with an irregular breccia-welded texture and schistose wallrock fragments within it. Pyrite is present in many areas, from 35.9-39.8m and 44-46.8m there are 2 zones of disseminated arsenopyrite mineralization.


REN-19-34 collared on the same set up as REN-19-33 this hole was drilled south for 111m at a dip of -60, encountering numerous quartz vein zones and a possible volcanic unit which was partly silicified.


Cadillac Break Drillholes


The final 3 holes in the drill program targeted the mineralized veins of the mine area, within the Piche volcanics, which, in the Thompson-Cadillac Mine area, are interlayered with the schist of the Cadillac Break. In addition to this the intent was to drill further north than has been previously done, ideally through the volcanics and into the Cadillac sediments to the north. Due to a combination of budget constraints and the widening of the Cadillac Break the Cadillac sediments have not yet been reached. Renforth did successfully intersect the never before drilled albitite which was noted as present on a 1929 Quebec Bureau of Mines map over ~100 feet in the northern crosscut from the Thompson-Cadillac Mine. In addition to intersecting this Renforth discovered new zones, specifically a gold bearing sericite zone within the schist of the Cadillac Break.


REN-19-35 collared in the central area of the property, near the Thompson-Cadillac #2 (100 foot deep) shaft, this hole was drilled north for 335.1m at an angle of -45, intersecting two major and three smaller zones of mineralization within the Piche volcanics including 45.4-58m and 86.1-94.3m measured in core. Within the schist occurred sediments with alteration and mineralization at 124.7-153.2m and 186.5-198m, in additional a complex zone from 216-240.8m included talc schist, biotite schist and the sericite alteration zone, in this hole with visible gold. Massive albitite was encountered from 240.8-248.9, appearing as very pale grey porphyritic unit with trace arsenopyrite and pyrite within its groundmass. This hole terminated in volcanics with, at the very end of the hole, a small amount of chalcopyrite and pyrrhotite that appears to be a coarse grained gabbro with chalcopyrite as a fracture fill.


REN-19-36 collared 100m west of REN-19-35 this hole was drilled north 480m at a dip of -60, targeting a down-dip extension of several REN-10-05 gold intervals, including 3.10 g/t Au over 18.2m including 8.7 g/t Au over 2.5m (press release Feb 24/11) in addition to again drilling further north into the Break. The targeted extension was obtained, intersections in this hole included 158.5-178.6m, interpreted as vein #1, 194-212m, interpreted as vein #2, 238-257m, interpreted as vein #3, the sericite zone from 350.9-355.1m and the albitite zone from 468.7-472.8m, all as measured in the core box.


REN-19-37 collared 100m west of REN-19-36 this hole was also, in part, undercutting a prior hole, REN-10-08 which had several gold intersections including 1.07 g/t Au over 7m (press release Feb 24/11) in addition to drilling further north into the Cadillac Break. This hole successfully intersected the 3 mine area veins in addition to the other zones seen in the prior two holes.


All three of the Cadillac Break holes intersected numerous lenses of volcanics within schist, none reaching the northern contact of the Break and the Cadillac sediments, the Break is interpreted (with limited data) to widen as it moves west within these three holes.


Samples selected in drill core are being split and delivered to the lab for fire assay for gold. Selected samples will be assayed for full elemental results.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/568802/Renforth-Discovers-New-Mineralized-Zone-in-Cadillac-Break-at-Wholly-Owned-New-Alger

!
Thumb 8020 monitor 200200 2

8020 Admin

4 months ago

8020 Admin posted a press release Renforth Successfully Increases Interpreted Strike of Malartic West Copper/Silver Discovery in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / November 4, 2019 / Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) ("Renforth" or the "Company") has successfully extended the Beaupre copper/silver discovery on Renforth's wholly owned Malartic West property, contiguous to the Canadian Malartic Mine, to a current total strike length of 165m, an increase of just over 100m, and exposed en-echelon quartz veining to the south. The strike is still open, exploration work was ended, as expected, by several days of snowfall.



Samples have been taken in the field, consisting of channels cut and grab samples, these will be delivered to the lab for assay work, the results reported upon when available. Locations sampled include the shear zone and quartz veining, visual identification in the field of mineralization included chalcopyrite, bornite and pyrite.


Renforth's geologists have repositioned to New Alger and are spotting the planned holes, managing the mobilization of the drill to the property, drilling will commence as soon as possible.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/565216/Renforth-Successfully-Increases-Interpreted-Strike-of-Malartic-West-CopperSilver-Discovery

!
Thumb 8020 monitor 200200 2

8020 Admin

4 months ago

8020 Admin posted a press release Renforth Commences Fall Exploration and Drilling Programs at Malartic West, New Alger in RENFORTH RESOURCES INC.

PICKERING, ON / ACCESSWIRE / October 31, 2019 / Renforth Resources Inc. (CSE:RFR)(OTC:RFHRF) ("Renforth" or the "Company") offers shareholders the following update:



  • Malartic West exploration has resumed on the Beaupre copper discovery, paused in consideration of local hunters, with prospecting and trenching to trace and potentially expand the surface copper/silver discovery, also possible work at the low grade gold anomaly in the south as further detailed below.

  • New Alger in November will be drilled again! Last drilled in 2015, work planned includes below the 270m of gold exposed in the Discovery Vein surface stripping, further details are offered below.

  • Resource Estimate Updates significant progress made with New Alger and Parbec Mineral Resource Estimates, open pit optimization underway at New Alger, wireframing nearly complete at Parbec.

  • Financing completed as summarized below, Renforth is funded for the planned exploration


Malartic West


Brief work at the property in August, which included some sampling at the Beaupre copper showing, yielded an additional grab sample high value of 3.59% Cu and 6.62 g/t Ag, in addition to other sample results previously announced obtained over the 60m exposure at Beaupre. This copper showing is a discovery program, with no prior work and little geophysical coverage. Renforth is currently in the field prospecting and trenching, searching for extensions to this occurrence. In addition to field work Renforth is pursuing data acquisition, this includes a LWIR (longwave infrared) study obtained from Japanese ASTER satellite imagery interpreted by DIRT Exploration of South Africa. While this data is coarse (90m resolution) a chalcopyrite anomaly co-incident with the Beaupre showing registers, this ~1km long anomaly is the initial prospecting target.



Also at Malartic West, and depicted above and below, is the Surimau low grade gold occurrence, which based upon initial discovery sampling and historic drill holes, is gold occurring in the sediments and the Lac Surimau granodiorite, in an area of structural complexity and numerous targets. Renforth hopes to carry out additional prospecting at this location this fall, however, snow is possible as early as the end of this week, weather will affect how much field work gets completed at Malartic West, ahead of drilling at New Alger. Snow and the onset of winter does not affect drilling at New Alger


.



New Alger


Drilling at New Alger will commence next week, with drill mobilization scheduled for Monday. Targets for this drill program are being finalized, a process which is aided by the recently completed 3d modelling of New Alger, including the Discovery Veins, completed by P&E Mining Consultants Inc. a part of the new Mineral Resource Estimate for New Alger. In general terms it is expected that the drill program will include the following targets (1) the Discovery Veins including the western end, the eastern end and under the main historic blast pit (2) the vicinity of Shaft #2 in the Thompson-Cadillac Mine, sunk into the #2 Vein at New Alger and (3) the +100 feet of Albite mapped underground in the north crosscut at the 300 level of the Thompson-Cadillac Mine. Albite is a lithology that is present in the Cadillac Mining Camp which is very brittle and very prospective as a gold host, in part as it is considered genetically related to the gold bearing solutions which formed the Camp. These are only a few of the target areas which Renforth's geological model presents, all are being considered and prioritized.


Mineral Resource Estimate Updates


At New Alger the drill and surface exploration data has been used to create a 3d model, with wireframe solids created which define the veins drilled at New Alger to date. Based upon the grades contained within the solids the software program calculated and constructed a block model, with each block having a metal value. This block model is being run though a pit optimization software package by P&E Mining Consultants Inc., the end result of which will be a Mineral Resource Estimate expressed as "pit constrained" and "outside of pit" mineralization. Renforth looks forward to receipt of all of this information and will publish it in due course.


At Parbec the Mineral Resource Estimate update is also proceeding, the 3d model has been built with the drill and surface exploration data, the process of wireframing to create solids has begun. While not as far along in the process as New Alger, Parbec is also proceeding smoothly and will also be released once available.


New Alger 3d Model (Looking NW)



Financing


Renforth has completed a closing of a private placement with the issuance of 1,500,000 common share units, each unit priced at $0.05 and consisting of one common share and one warrant to acquire an additional common share at a price of $0.075 for a period of 24 months, and 5,488,000 flow through share units, each flow through unit priced at $0.06 and consisting of one share issued on a "flow-through" basis and one warrant to acquire an additional common share at a price of $0.10 for a period of 24 months, for a total raised in this closing of $404,280. Commission and fees totaling $25,862 in cash were paid, 436,373 broker's warrants entitling the holder to acquire an additional common share at $0.10 were issued pursuant to this closing.


Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a "Qualified Person" pursuant to NI 43-101.


For further information please contact:


Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
E: nicole@renforthresources.com
#269 - 1099 Kingston Road, Pickering ON L1V 1B5


ABOUT RENFORTH


Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.


In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances additional gold bearing structures, other than the Cadillac Break, have been found on each property and require additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain-Pershing gold bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.


In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled, channeled and sampled over 500m - this historic property also requires additional exploration to define the extent of the mineralization.


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/564765/Renforth-Commences-Fall-Exploration-and-Drilling-Programs-at-Malartic-West-New-Alger

!