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Renforth Extends Pontiac Vein Gold Bearing Surface Structure 15%

C.RFR

Renforth Extends Pontiac Vein Gold Bearing Surface Structure 15%



Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE: RFR) (“Renforth” or the “Company”) is pleased to announce the successful surface extension of the gold-bearing Pontiac Vein System, located on Renforth’s New Alger Project outside of Cadillac, Quebec, by 15% during the Company’s recently completed surface prospecting program.

 

Pontiac Vein Extension

 

As a starting point for this prospecting program Renforth used the “Trail Showing” where 12.3 g/t Au over 0.7m was obtained in a channel sample with fine visible gold (press release July 2, 2014), this channel formed part of a larger sample which assayed 6.2 g/t Au over 1.4m.  From the trail showing Mr. Brian H. Newton P.Geo stripped overburden in several directions as the topography allowed.  To the east Mr. Newton was able to strip approximately 60m of outcrop, terminating his stripping efforts in a swampy area at the easternmost extent of the stripping where the Pontiac Vein structure was observed but deteriorating weather and swampy conditions precluded sampling.

 

Within the area stripped Mr. Newton observed that the mineralized horizon consists of blue grey Quartz veins contained within sheared Pontiac sediments. The Quartz veins are strongly boudinaged, ranging in thickness of up to 10 cm in the easternmost exposures to 2m to the west. There are a series of parallel narrow veinlets within the sheared sedimentary horizon   The Pontiac Vein package followed at surface ranged from 3-6m in width where exposed.  Channels were cut in the Pontiac Vein package at regular intervals, the sampled material has been submitted for assay and will be reported upon once results are received.  Pyrite and arsenopyrite in fine dissemination and clots are visible in each channel with an apparent stronger concentration towards the west.

 

Additional Outcrop

 

In addition to the extension to the east of the gold-bearing Pontiac Vein system on surface Mr. Newton stripped several outcrops between the channeled area of the Pontiac Vein system and the Thompson-Cadillac mine Area to the north, observing blue-grey Quartz veining in sediments at several locations.  Weather conditions and field time prevented sampling of these, that activity will be undertaken in the spring.  Renforth is now aware of several areas of Quartz outcrop between the Pontiac Vein package and the Thompson-Cadillac Mine area, this will require a diligent mapping and sampling program in order to try to determine the relationship, if any, between the two areas of gold mineralization which are separated by approximately 200m.

 

The technical disclosure in this press release has been reviewed and approved by Brian H. Newton P.Geo, a “qualified person” pursuant to the requirements of National Instrument 43-101.

 

 

ABOUT RENFORTH

 

Renforth Resources Inc. is a Toronto-based gold exploration company with interests in two of Canada’s gold exploration camps, the New Alger project, with an inferred resource of 237,000 ounces of gold above a depth of 200 metres contained in 3,505,000 tonnes with a grade of 2.1g/t Au using a cut-off of 0.75 g/t Au (see press release July 17, 2014), located on the Cadillac Break outside of Rouyn, Quebec and the Nixon-Bartleman project, located on the Porcupine-Destor fault in the West Timmins Mining area.

 

For further information please contact:

 

Renforth Resources Inc.

Nicole Brewster

President and Chief Executive Officer

T: (416) 368.5049  

E: nicole@renforthresources.com

 

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.

 



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/RenforthNov172014.pdf

Source: Renforth Resources Inc. (CSE:RFR) http://renforthresources.com/

 

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