Renforth Successfully Completes Initial Drill Hole at Parbec
Renforth Resources (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce that the Annual General Meeting was held on Friday November 30th with 33% of outstanding shares voted in the meeting and as recommended by management.
Renforth Resources (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce that the Annual General Meeting was held on Friday November 30th with 33% of outstanding shares voted in the meeting and as recommended by management.
Drilling Update
Renforth has completed and commenced the following drillholes in the current Parbec drill program as follows;
PAR-18-88 (4975-T-B) drilled to a length of 161.4m in front of PAR-18-84 and behind PAR-17-69. Previously press released zones in PAR-18-84 included 9.45m at 4.66 g/t Au (09/11/18), previously press released zones in PAR-17-69 included 2.4m at 1.03 g/t Au and 9.7m at 0.81 g/t Au (01/23/18). PAR-18-88 was drilled to infill between the holes and extend continuity of mineralization, visual examination of the core shows that mineralized zones were intersected where anticipated, the core will be cut and delivered to the lab for assay. Positive assay results will not only have an accretive effect on the model at Parbec, as this hole is relatively shallow they will also bolster the open pit hypothesis.
PAR-18-89 (5000-T-A) anticipated to be a length of 150m this hole is in front of PAR-18-70 and PAR-18-85. Previously press released zones in PAR-18-70 included 14.1m of 1.26 g/t Au and 3.7m of 3.16 g/t Au (02/26/18). Previously press released zones for PAR-18-85 included 10.8m of 1.69 g/t Au (09/11/18). As of this morning the drill hole was at 102m length.
Detail of December 2018 Drill Plan Map
(To view the full-sized version, please click here)
Technical Information in this press release has been reviewed and approved by Brian H. Newton P.Geo, a “qualified person” pursuant to the guidelines of 43-101.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
E: nicole@renforthresources.com
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.
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Source: www.accesswire.com