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Bullboard - Stock Discussion Forum Renforth Resources Inc C.RFR

Alternate Symbol(s):  RFHRF

Renforth Resources Inc. (Renforth) is a Canada-based company that is engaged in the acquisition, exploration and development of mineral properties in Canada. The Company wholly owns approximately 300 square kilometers (km2) Malartic metals Package (formerly called the Surimeau District Property), which hosts numerous areas of polymetallic and gold mineralization, each with various levels of... see more

CSE:RFR - Post Discussion

Renforth Resources Inc > Renforth Advancing Globex’s Parbec Gold Royalty Property
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Post by AveragePenny on Dec 02, 2024 10:53am

Renforth Advancing Globex’s Parbec Gold Royalty Property

ROUYN-NORANDA, Quebec, Dec. 02, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Dsseldorf and Quotrix Dsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Renforth Resources Inc. (RFR-CSE, RFHRF-OTCQB, 9RR-FSE) has announced new initiatives at the Parbec Gold Deposit in Malartic township Quebec, along strike to the northwest of the large, open pit, Canadian Malartic Gold Mine and directly adjoining the west boundary of East Amphi Gold Mine. Work to be undertaken includes a gold resource update, permitting to dewater the current ramp and TOMRA (sorting specialists) testing of mineralized and non-mineralized rock from the Parbec property.

Renforth has engaged SGS Canada, as author of the new Mineral Resource Estimate (MRE) and NI 43-101 Report. The new report will include 15,000 metres of drilling by Renforth since 2019, historical drilling previously excluded from the December 2019 MRE and incorporation of the current geological model. The previous MRE was calculated using a US $1,450 per ounce gold price versus the current +US $2,600 per ounce gold price.

For a more detailed update please refer to Renforth’s Press Release dated November 29, 2024.

https://www.globenewswire.com/news-release/2024/12/02/2989929/0/en/Renforth-Advancing-Globex-s-Parbec-Gold-Royalty-Property.html

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