Renforth Resources (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce that our first drill program for 2019 has commenced at Parbec with drill and crew mobilization, drilling will commence January 23.
Renforth Resources (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce that our first drill program for 2019 has commenced at Parbec with drill and crew mobilization, drilling will commence January 23. The first hole in this program will be at the eastern end of the Parbec mineralization, a step out from our last hole in this area.
Results from the December 2018 drilling will be released as available, that program was concentrated in the NW area of the property, targeting shallow mineralization which may be open-pittable, with 7 drill holes.
It is anticipated that the January 2019 program will consist of ~1500m in the eastern and ramp areas of the Parbec Resource, undercutting previous results with deeper holes. In addition to this, two previously drilled holes in the NW will be drilled deeper, assuming access is available, in order to reach the mafic volcanic contact on the northern side of the Cadillac Break (the “hanging wall”). Project sections, consisting of assay and geological data, demonstrates a fairly consistent mineralized zone at the contact with the volcanics. In some instances several holes will have to be resampled in the spring/summer where this contact zone was not sampled.
Brian H. Newton P.Geo, a qualified person pursuant to the guidelines contained in National Instrument 43-101, has approved the technical information found in this press release.
For further information please contact:
Renforth Resources Inc.
President and Chief Executive Officer
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.