Renforth Resources Inc C.RFR

CEO Talk

[Yepnewpapy]

https://youtu.be/kBFhdRi-UH0
 
Renforth Resources President & CEO Nicole Brewster presents at the February 2021 Virtual Investor Day (VID) Conference. Nicole outlines how Renforth has pivoted to a focus on battery metals at the Company's Surimeau property.
Surimeau is a nickel and VMS system with district-scale potential. The property is directly adjacent on the west of Canada's largest open pit gold mine - the Canadian Malartic Mine, operated as a joint venture between Agnico Eagle and Yamana Gold.
Renforth plans to conduct a 2,500 meter drill program at the property, starting in April or May of 2021 (completed recently)to begin testing high priority targets identified through geophysics, outcrop sampling and previous drilling. Surimeau is a very large property, currently featuring three geological trends: the northern trend, approximately 30 km long, the central trend, about 20 km long, and a shorter south trend. Renforth's current focus is the central trend.
As recently announced, Renforth has verified that most of the nickel found to date at Surimeau (68%) is sulphide nickel that would be battery grade. As this is a very large project, Renforth is open to a eventually partnering with another company on this project, but the Company first wants to conduct their own exploration work to better define what they have.
Renforth's second key asset is it's Parbec open-pit gold deposit, which is directly adjacent to the East Amphi property that represents the western edge of the Canadian Malartic Mine. Renforth is currently conducting infill and resource definition drilling at Parbec to increase the existing resource, including bringing in historical drilling data and expanding the deposit at depth.
The Company hopes to be able to increase the resource at Parbec to 500,000 ounces of gold or higher. Drilling is expected to continue until April and hopes to have the updated resource estimate out by late Q2 or early Q3.
It is Renforth's intention to sell Parbec and use this capital as a means of funding exploration at Surimeau. Nicole also provides a brief overview of some of Renforth's other properties at Malartic West (copper) and Nixon-Bartleman in Ontario (gold), which features 500 m of strike along the Destor-Porcupine fault.
Renforth Resources (RFR - CSE) is an asset deep junior, fully funded to drill and add value to their 5 property portfolio, specifically the district-scale battery metals Surimeau nickel VMS property and their Parbec open pit gold deposit on the Cadillac Break, both of which are adjacent to the Canadian Malartic Mine in the prolific Abitibi gold belt of Quebec.
After recently banking approximately $8 million CAD from the sale of the company's New Alger property, Renforth now has the capital it needs to increase the size and depth of the relatively shallow Parbec Gold deposit, which neighbours Canada’s largest open pit gold mine, and explore on the large and newly consolidated Surimeau battery metals property. Renforth currently trades on the Canadian Securities Exchange under the symbol CSE: RFR, on the OTC market under the symbol OTC: RFHRF and on the Frankfurt Exchange under FRA: A2H9TN.

[CHOCKYISBACK]

Thnx for your detailed recap :)