Renforth Resources Inc. - https://www.renforthresources.com
Renforth Obtains Additional Gold Values at Parbec Gold Deposit Exploration Commences at Surimeau District Battery Metals Project

2021-09-15 08:30 ET - News Release highlights and key facts

Parbec update

This drill program, which consisted of 49 drill holes, was designed to infill gaps within the mineralized model, as well as test several historic holes in order to validate >13,000m of drill data excluded from the May 2020 Mineral Resource Estimate for Parbec

6 drill holes remaining to be received and released once complete.

Renforth will proceed with a NI43-101 restatement once the 6 drill holes assays are received.
 
Parbec Historical Au resource

Version Polygon….Radius…Tonnage t…..Grade g/t ….Au Ounces Contained
2018 (Inferred)…….25 m …..4,560,277……2.29 ………….304,745
2018 (Indicated)…..25 m…...312,606………3.34 …………...30,437
2018 (Inferred)…....50 m...….9,659,636……2.33………..…656,875
2018 (Indicated)….50 m …....368,105 ……..3.47…………....37,224
Total………..Au ounces in all categories………………..1,029,301


Parbec current 43-101 Au resource 547,700 ounces
 
Cumulative Potential 1,577,001 Au ounces @ Parbec open pit
  
Surimeau District Battery Metals Project Update
Major discovery at Victoria West
 
Renforth Resources Inc has completed the four-hole drill program at the 5 km long nickel, copper and zinc mineralized Victoria West target on its wholly-owned Surimeau District battery metals project in Quebec, encountering visible nickel within a vein at a depth of about 139 meters.
 
 CEO says the occurrence is the highest concentration of visible nickel discovered in drilling at Victoria West, following the highest concentration of visible copper intersected to date seen in the first hole of the program.

Renforth has received the permit required to commence the previously announced stripping program. While assays are still outstanding for the bulk of the 2021 drilling at Surimeau, Renforth will commence the chipping/stripping program in order to expose on surface a portion of the Victoria West mineralized system.