Renforth Intersects 4.59 g/t Gold over 18.75m, Including 8.73 g/t Gold over 7.15m

Renforth Intersects 4.59 g/t Gold over 18.75m, Including 8.73 g/t Gold over 7.15m

  • PAR-21-127 intersected the 18.75m zone of 4.59g/t gold outside of the open pit designed for the May 2020 Resource Estimate.
  • PAR-21-127 was designed as an infill hole in the Camp Zone of the Resource Model, this mineralized zone, seen in PAR-21-127 and PAR-20-106 was not anticipated
  • Assay results have not yet been received for the first 148m of this hole

Renforth Resources Inc. (CSE:RFR)(OTCQB:RFHRF)(FSE:9RR) ("Renforth" or the "Company") is pleased to update shareholders on the results of PAR-21-117, the first hole drilled in 2021, intersecting new gold mineralization, in particular 18.75m of 4.59 gt gold, at a vertical depth of approximately 200m. This occurs at a place within the resource model where, prior to the recently completed 15,569m program, there was only one drill hole which was collared further to the north, failing to intersect most of the Cadillac Break, in addition, the values obtained in PAR-86-01 were not used in the Parbec May 2020 Open Pit Constrained Resource Estimate

As can be seen in the section below there were 3 holes drilled in the recent program in this area, results are still outstanding for the first 148m of PAR-21-127 and for all of PAR-21-142.

The mineralized zone in PAR-21-127 was intersected in the lower drill hole PAR-20-106 but it was of a lower grade. Renforth interprets this to mean that the structural zone continues, though the grade varies. The mineralization seen at a shallower depth in PAR-20-106 may also occur in PAR-21-127, however, the first 148m of PAR-21-127 have not been received.

PAR-21-127 Assay Highlights

Drillhole
Grid East
Grid North
From (m)
To (m)
Length (m)
g/t Gold
PAR-21-127
5100
135
93.5
148
Assays
Pending
PAR-21-127
5100
135
158.9
160.2
1.3
1.81
PAR-21-127
5100
135
213
214.5
1.5
0.73
PAR-21-127
5100
135
260.5
279.25
18.75
4.59
including
5100
135
265.55
272.7
7.15
8.73
which includes
5100
135
269.5
272.7
3.2
8.11
and also includes
5100
135
265.55
266.8
1.25
15.76
PAR-21-127
5100
135
278.9
279.25
0.35
2.79
PAR-21-127
5100
135
284.15
287.75
3.6
0.96

*assay results presented above are as measured in the core box and not true width

Samples referred to in this press release were selected, split, bagged and tagged in the field and delivers to the facilities of AGAT Laboratories in Val d'Or Quebec where they were assayed for gold using "202-051 - Au by Fire Assay, AAS Finish" and "202-064 - Au by Fire Assay, Gravimetric Finish" for overlimit (>10 g/t Au) values.

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
#269 - 1099 Kingston Road, Pickering ON L1V 1B5

Follow Renforth on Facebook, LinkedIn and Instagram!

About Renforth
Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the Canadian Malartic mine, with a 2020 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. This resource estimate is now considered by Renforth to be out of date due to the results received in a 15,569m drill program which has been recently completed. This program was planned to twin, infill and undercut existing drill holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement. In addition to this Renforth has discovered a nickel bearing ultramafic, coincident with a copper/zinc VMS, over ~5km of strike in the western end of the 20km central anomaly at Renforth's wholly owned 215 km2 Surimeau property. This prospect was discovered on surface and the subject of a very short, shallow drill program, a more robust drill program is planned for Spring 2021. 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. Renforth is well funded, with ~$5 million in cash and securities on hand (*as at 05/14/21), in addition to the gold contained in our gold deposit.

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/647881/Renforth-Intersects-459-gt-Gold-over-1875m-Including-873-gt-Gold-over-715m

News Provided by ACCESSWIRE via QuoteMedia

RFR:CNX
The Conversation (0)
Renforth Resources

Renforth Resources

District Scale Battery Metals Discovery in Quebec Backed by the Parbec Gold Deposit

District Scale Battery Metals Discovery in Quebec Backed by the Parbec Gold Deposit Keep Reading...
Multiple Zones of Visual Copper Mineralisation at Chester

Multiple Zones of Visual Copper Mineralisation at Chester

Raptor Resources (RAP:AU) has announced Multiple Zones of Visual Copper Mineralisation at ChesterDownload the PDF here. Keep Reading...
Anteros Metals Announces Plans for a Phase 1 Extension Drilling Program at the Seagull Critical Minerals Project, Ontario

Anteros Metals Announces Plans for a Phase 1 Extension Drilling Program at the Seagull Critical Minerals Project, Ontario

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce plans for a Phase 1 extension drilling program at the Seagull Critical Minerals Project (the "Project"), located approximately 80 kilometres northeast of Thunder Bay, Ontario, and operated by Rift Minerals Inc.... Keep Reading...
Steadright Update on Copper Valley Copper-Lead-Silver Project

Steadright Update on Copper Valley Copper-Lead-Silver Project

(TheNewswire) February 9, 2026 TheNewswire - Muskoka, Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) ("Steadright" or the "Company"), a resource exploration company focused on advancing near‑term production opportunities, reports that from February 2nd 6th, 2026, members of the... Keep Reading...
African Discovery Group  announces signing of Definitive Sales and Purchase Agreement  for Butembo Copper Asset in the Democratic Republic of Congo; name change to Copper Intelligence, Inc

African Discovery Group announces signing of Definitive Sales and Purchase Agreement for Butembo Copper Asset in the Democratic Republic of Congo; name change to Copper Intelligence, Inc

AFDG, now Copper Intelligence, has successfully entered a binding contract for the transaction closing of the Butembo mining concession in Eastern DRC. In conjunction with the SPA, AFDG shares have been issued to the license holders, with ownership of the mining interest now held by the US... Keep Reading...
Oreterra Announces Engagement of Generation IACP Inc. to Provide Market Making Services and Engagement of Investing News Network to Provide Advertising and Investor Awareness Services

Oreterra Announces Engagement of Generation IACP Inc. to Provide Market Making Services and Engagement of Investing News Network to Provide Advertising and Investor Awareness Services

Oreterra Metals Corp. (TSXV: OTMC,OTC:RMIOD) (OTCID: OTMCF) (FSE: D4R0) ("Oreterra" or the "Company" formerly "Romios Gold Resources Inc.") is pleased to announce that it has retained Generation IACP Inc. ("GIACP") to trade the common shares of the Company with the objective of contributing to... Keep Reading...
Sankamap Announces Revocation of MCTO

Sankamap Announces Revocation of MCTO

Sankamap Metals Inc. (CSE: SCU) ("Sankamap" or the "Company") is pleased to announce that the Management Cease Trade Order (the "MCTO") issued on October 29, 2025, by the Alberta Securities Commission (the "ASC") has been revoked, effective February 4, 2026. The MCTO applied only to the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News