Renforth Resources logo

Renforth Exploration Update for Battery Metals, Lithium and Gold

Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") is pleased to share the following update on our upcoming project activities with shareholders.

We will resume field operations this week at our >300 km 2 Surimeau District Property in NW Quebec, working to advance our ~6km long Victoria West polymetallic battery metals system as well as copper and lithium occurrences on the property as detailed below. At the same time, our Parbec Gold Deposit is currently the focus of the structural geology group we have retained to do the first ever structural study of this property which straddles 1.8km of the Cadillac - Larder Lake Fault Zone ("Cadillac Break"), with a surface gold resource identified over a portion of that distance, which also encompasses Renforth's discovery of a splay of the break into the Pontiac Sediments to the south of the Cadillac Break.

Surimeau District Property

1 - Our 912 line km airborne mag and EM survey will commence flying later this week. Depicted in red on the map below the flight lines will cover the ~6km strike of Victoria West, the Colonie showing in the east and the unexplored ~14km between the two mineralized areas which are joined by the ~20km long magnetic anomaly. In addition, flightlines will extend to the north to include the LaLonde area, where polymetallic mineralization has been drilled historically over a strike length of ~2km, verified by Renforth's own surface sampling. Upon completion of the survey, the data will be compiled and interpreted as part of the target selection process for the next round of drilling, likely to commence in March. At this time the assay results for 6 of the 7 holes drilled prior to Christmas are still outstanding, those results will be released once they are all received.

2 - The northern part of the Surimeau District Property, formerly referred to as Malartic West, hosts a copper/silver discovery made with an 8.08% Cu grab sample in 2018 (refer to press release of Sept. 4, 2019), this is now a surface exposure of ~165m of copper and silver sampling. Please note that grab samples are preferentially selected and not illustrative of the whole of the mineralized system. In order to continue exploration on this discovery several test lines of IP will be run over the known mineralization and stepping out from it in order to guide future exploration, likely to consist of limited stripping.

3 - The Surimeau District Property hosts numerous pegmatites, several identified by Renforth's own geological team in the field and historically documented. In several instances Lithium is also present in the same location. To date Renforth has not focused on lithium at Surimeau, instead the polymetallic "Battery Metals" package of nickel, cobalt, copper, zinc, platinum and palladium which is present in 6 known areas of the property have been the focus, specifically at Victoria West. Renforth is now broadening its exploration efforts on this vast property to include lithium. In order to do this, we will first reassess samples which we have on hand that returned above background lithium values as part of our standard testing of samples. Several of these samples, including from the north of the property and the Victoria West area, will be assayed with a lithium specific assay package. In conjunction with Ms. Aline Leclerc OGQ, one of Renforth's Technical Directors, our geological team is planning a prospecting campaign. It is anticipated that this will include returning to the northern part of Surimeau where Renforth noted the presence of pegmatites and samples returned lithium, as well as to the south of the property where pegmatites were noted in the field and are documented historically, within or in proximity to the Decelles Batholith, which have not been sampled. It is anticipated this work will take place in the spring.

Surimeau Survey Flightlines

Surimeau Survey Flightlines

Surimeau Lithium Exploration Targets

Surimeau Lithium Exploration Targets

Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo (OGQ#2129), a "qualified person" pursuant to NI 43-101.

For further information please contact:

Renforth Resources Inc.

Nicole Brewster

President and Chief Executive Officer

C:416-818-1393

E: nicole@renforthresources.com

#Unit 1B - 955 Brock Road, Pickering ON L1W 2X9

Follow Renforth on Facebook, LinkedIn and Instagram!

About Renforth

Renforth wholly owns the ~260 km 2 Surimeau District Property, which hosts numerous areas of polymetallic and gold mineralization, each with various levels of exploration, as well as a significant amount of unexplored ground. Victoria West has been drilled over a strike length of 2.2km, within a 5km long mineralized structure, proving nickel, copper, zinc and cobalt mineralization, in the western end of a 20km magnetic anomaly. The Huston target, during initial reconnaissance, resulted in a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4 g/t Ag. In addition to this the Lalonde, Surimeau and Colonie Targets are all polymetallic mineralized occurrences which, along with various gold showings, comprise the areas of potential of this NSR free property.

In addition to the Surimeau District battery metals property Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. In 2020/21 Renforth completed 15,569m of drilling which successfully twinned certain historic holes, filled in gaps in the resource model with newly discovered gold mineralization and extended mineralization deeper. Based upon the success of this significant drill program the Company considers the spring 2020 MRE, with a resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au to be out of date. With the new data gained Renforth will undertake to complete the first ever structural study of the mineralization at Parbec, as well as additional total metallic assay work in order to better contextualize the nugget effect on the gold mineralization.

Renforth also holds the Malartic West property, the site of a copper/silver discovery, and Nixon-Bartleman, west of Timmins Ontario, with gold present on surface over a strike length of ~500m.

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

RFR:CNX
The Conversation (0)
Renforth's Newly Completed Airborne Mag and EM Survey Delineates Magnetic ~20km Victoria Structure with Co-Incident EM Anomalies

Renforth's Newly Completed Airborne Mag and EM Survey Delineates Magnetic ~20km Victoria Structure with Co-Incident EM Anomalies

(TheNewswire)

Renforth Resources Inc.

April 13, 2022 - TheNewswire - Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") is pleased to inform shareholders that the 935-line km detailed airborne Mag and Electromagnetic survey over the ~20km between the Victoria West and Colonie battery minerals occurrences at Surimeau, also extended north to the LaLonde battery minerals occurrence at Surimeau, has been successfully completed. The magnetic survey clearly delineates the ~20km long Victoria structure with greater detail than what was previously available. The EM survey, a method chosen as it will measure the presence of sulphides to a depth of ~50m, resulted in EM anomalies throughout the length of the Victoria structure. In addition, LaLonde, approximately 3km to the north, also registered the magnetic structure with co-incident EM anomalies. The area surveyed at LaLonde covered the area, which was historically drilled, outlining the presence of battery minerals over a strike length of 2.2km. The survey has outlined a considerable amount of EM anomalies beyond the extent of any recent drilling or trenching.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Renforth Resources Inc. to Webcast Live at VirtualInvestorConferences.com March 31st

Renforth Resources Inc. to Webcast Live at VirtualInvestorConferences.com March 31st

Renforth Resources Inc. (OTCQB:RFHRF CSE:RFR), based in Toronto, Ontario, focused on nickel, today announced that Nicole Brewster, President & CEO, will present live at VirtualInvestorConferences.com on March 31 st 2022.

DATE: March 31 st , 2022
TIME: 11:30 am
LINK: https://bit.ly/3Cqx2B5

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Renforth's Surimeau Property Assay Results Include 3.46% Nickel Over 1.5m

Renforth's Surimeau Property Assay Results Include 3.46% Nickel Over 1.5m

(TheNewswire)

Renforth Resources Inc.

TheNewswire - March 29, 2022 - Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") is pleased to inform shareholders of the assay results from the 1,203m drilled in 7 holes within the 275m strike length of the stripped area at Victoria West, one of several mineralized areas within our >300 km 2 Surimeau District Property in NW Quebec. SUR-21-28 was drilled for 234m at a dip of -80 as an undercut of SUR-21-26 and SUR-21-27 in the western end of the stripped area, between two historic trenches now within the stripped area. SUR-21-28 assayed 3.46% Ni and 491 ppm Co over 1.5m between 196.5 and 198m down the hole as presented in the table below, within a broad mineralized zone of 170.55m, between 40.9 and 211.45m down the hole which averaged 0.16% Ni and 100.2 ppm Co . Within this broad zone of mineralization there are higher grade sub-zones, as seen in this and other holes drilled in the December program, in this case the zone between 187.5 and 199.5m down the hole, a length of 12m, averaged 0.54% Ni and 138.7 ppm Co , encapsulating the 3.46% Nickel value. Renforth's current interpretation of the mineralization seen at Victoria West is that there are higher grade bands of mineralization within the extent of the mineralized magnetic ultramafic body. The exceptional 3.49% Ni value points to the high grade potential present at Victoria West, which has only seen 5,626m of drilling by Renforth over 2.2km of strike within the known 6km strike length of Victoria West, in the western end of a 20km long magnetic feature also mineralized at its eastern end.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Quebec Critical Metals and Technology Live Virtual Investor Conference March 30th and 31st

Quebec Critical Metals and Technology Live Virtual Investor Conference March 30th and 31st

Company Executives share vision and answer questions live at VirtualInvestorConferences.com

 Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Quebec Virtual Investor Conference on March 30 th and 31 st .   This virtual event will showcase live company presentations and interactive discussions focused on disruptive technologies and investing in Quebec's critical and strategic minerals and high-tech sectors.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Quebec Critical Metals and Technology Live Virtual Investor Conference March 30th and March 31st

Quebec Critical Metals and Technology Live Virtual Investor Conference March 30th and March 31st

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Quebec Virtual Investor Conference on March 30 th and 31 st .  This virtual event will showcase live company presentations and interactive discussions focused on disruptive technologies and investing in Quebec's critical and strategic minerals and high-tech sectors.

Individual investors, institutional investors, advisors, and analysts are invited to attend.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Nordic Nickel

June 2024 Quarterly Report

Exploration activities continued at the Pulju Project with the acquisition of an extensive “bottom of till” drilling database and the commencement of a detailed regional geological mapping campaign.

Nordic Nickel Limited’s (“Nordic Nickel” or “the Company”) (ASX: NNL) flagship 100%-owned Pulju Nickel Project is located in the Central Lapland Greenstone Belt (CLGB), 50km north of Kittilä in Finland, with access to world-class infrastructure, grid power, a national highway, international airport and, importantly, Europe’s only two nickel smelters.

Keep reading...Show less
Pivotal Metals

Metallurgical Testwork Program Commences at Horden Lake

Pivotal Metals Limited (ASX:PVT) (‘Pivotal’ or the ‘Company’) is pleased to provide the assay results of three further drill holes / 580.2 metres from the 2024 diamond drilling program, and the commencement of a metallurgical testwork program at its 100% owned Horden Lake Project in Quebec, Canada.

Keep reading...Show less
Canada compass pointing to the word "invest."

Tax Benefits of Flow-through Shares in Mining and Exploration

Flow-through and super flow-through shares have been gaining popularity in Canada's mining sector, and for good reason.

There's much to be gained by taking advantage of the tax incentives provided by these share models, particularly in mining-friendly jurisdictions like Quebec. ASX-listed companies with projects in Canada have found these tax measures especially beneficial.

The bottom line is that both mining companies and investors can benefit financially from flow-through and super flow-through shares — but to understand why, one must first understand what these tax measures are.

Keep reading...Show less
"BHP" on phone screen in front of stock screener.

BHP Suspends Nickel West Operations and West Musgrave Project

Mining giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) said on July 11 that its Nickel West operations and West Musgrave project, together known as Western Australia Nickel, will be temporarily suspended starting in October.

The transition period will begin in July, with handover activities targeted for completion by the end of the year.

“Like others in the Australian nickel sector, we have not been able to overcome the substantial economic challenges driven by a global oversupply of nickel,” said Geraldine Slattery, BHP Australia president.

Keep reading...Show less
Pivotal Metals

Drilling Delivers 10.2m @ 2.3% CuEq, and DHEM Expands Further Potential in all Three Directions at Horden Lake

Pivotal Metals Limited (ASX:PVT) (‘Pivotal’ or the ‘Company’) is pleased to provide the assay results of four further drill holes, and their associated downhole electromagnetic survey (DHEM) results, from its 2024 diamond drill program completed at its 100% owned Horden Lake Project in Quebec, Canada.

Keep reading...Show less
Blackstone Minerals

Blackstone Minerals


Keep reading...Show less

Latest Press Releases

Related News

×