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Renforth Resources Inc. (CNSX:RFR) (“Renforth” or the “Company”) is pleased to announce that the January 2018 drill program at Parbec has commenced.
Renforth Resources Inc. (CNSX:RFR) (“Renforth” or the “Company”) is pleased to announce that the January 2018 drill program at Parbec has commenced. This program consists of 8 planned drillholes, approximately 1900m in total. The planned holes include 4 holes previously planned, but not drilled, in December 2017 (P1, 3, 5 and 6), as well as four additional holes (P14, 15, 16 and 17). These are all depicted in the surface plan and long section below, the holes completed in December 2017 are also shown. At present Renforth is still awaiting assay results from the December 2017 drilling. The lithologies intersected in those drillholes, along with the presence of pyrite in drillcore, validated and support the geological model within the maiden resource Renforth has established for Parbec.
To view the graphic in its original size, please click here
To view the graphic in its original size, please click here
Drillholes planned in the January 2018 program can be categorized as follows;
(1) West Camp Zone Extension – 4 drillholes, P1, 3, 5 and 6 will be completed, originally planned in December 2017. These holes will test tuff intersections anticipated within the model, as well as drill underneath surface gold-bearing porphyry discovered during Renforth’s trenching program. P5 is an undercut of PAR-17-68 completed in December 2017, assay results still pending.
(2) Camp Zone Deeper Intercept – P16 is designed to test for mineralization below a historic intercept of 3.13 g/t Au over 6.71m in drillhole PAR-88-44 within the “B” horizon of the Tuff Zone. This horizon should be encountered at ~150m depth.
(3) #2 Zone Exploration – P14 in anticipated to intersect the tuff and porphyry horizons, P15 is targeting strike extensions of diorite and tuff mineralization in a structurally complex and poorly explored area, P17 is undercutting PAR-11-03 and PAR-17-64, intersecting the porphyry horizon seen in both holes and providing a deeper intersection of the tuff horizon seen in PAR-17-64, assays yet to be received.
Brian H. Newton P.Geo, a “qualified person” as per the requirements laid out in National Instrument 43-101 has read and approved the technical information found in this press release.
Le présent communiqué est disponible en français sur la page web de Renforth.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com
#200 – 65 Front St. E, Toronto, ON M5E 1B5
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.
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