Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE: RFR) (“Renforth” or the “Company”) is pleased to update shareholders regarding Renforth’s Parbec and New Alger gold properties, located on the Cadillac Break near the towns of Malartic and Cadillac in NW Quebec.

Renforth, with Gatineau QC based environmental and hydrogeological consultants from BluMetric Environmental Inc. (TSX-V: BLM), made a brief property visit to the Parbec Property with two mandates:  examining the ramp and associated wells to formulate a dewatering strategy with BluMetric; and accurately locating historical drill collars in the field to support the ongoing modeling of the property mineralization.  Both of these objectives were successfully met.  Access points to the blocked decline entry and to the wells located at various positions on the ramp are all excellent and will facilitate the aquifer testing and monitoring work, which is required ahead of applying for the permitting needed to dewater the ramp.  In addition, numerous collars were located in the field, which will support the ongoing modelling of the drill data.  That process is proceeding with no issues and Renforth looks forward to having an initial exploration target at Parbec in the near future, accompanied by an exploration strategy to move that target into a resource. 

During collar reconnaissance, surface quartz veining was discovered south of the Cadillac Break on the Parbec property, in the Pontiac Sediments.  This veining was accompanied by sulphide and/or pyrite mineralization.  These are indicators for gold in this geological environment; therefore, these veins were sampled and will be tested by fire assay for gold and multi-element analysis.  In building the Parbec model, Renforth has noted that there is gold mineralization on the property within the Pontiac sediments.  In addition to the gold mineralization associated with the Cadillac Break, the Pontiac area gold mineralization is evident over several different historical drill programs.  To Renforth’s knowledge, the occurrence of gold in the Pontiac at Parbec has not previously been a focus of any exploration.  

Renforth also visited New Alger, approximately 20 kms by road from Parbec, in order to visit the Pontiac Vein System, where the Company has discovered a gold mineralization system with three horizons, to see the effect of the winter snow and spring rains on the areas of the Pontiac Vein System, newly stripped last fall.  During this visit, quartz veining was discovered in the stripped area that had not been previously visible; this was sampled for the first time.  In addition, an area of historical blasting was uncovered near the Discovery Trench showing, which had not been previously seen or sampled, and this was therefore also sampled.  The quartz veins sampled were all located within the previously identified Pontiac Vein System and range from a few centimeters to .5 m in width, and are grey to blue grey in color with varying amounts of fine disseminated pyrite and arsenopyrite throughout the vein and surrounding wall rock.  Three samples were taken and will be submitted for multi element and FA – Au analysis.

Renforth would also like to announce that it has completed a non-brokered private placement financing (the “Offering”) raising gross proceeds of $20,000 through the issuance of 400,000 units (“Units”) at $0.05 per Unit. Each Unit consists of one flow-through common share in the capital of the Company and one half common share purchase warrant (“Warrant”).  Each whole Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.09 for a period of 18 months following closing.

In connection with the private placement the Company paid a finder’s fee of $1,600 and issued 24,000 finders warrants. These warrants entitle the holder to purchase one common share in the capital of the Company at a price of $0.07 per common share for a period of 2 years.

The proceeds raised under the Offering will be used for Canadian Exploration Expenses on the Company’s properties.

All securities issued under the Offering are subject to a four-month statutory hold period in Canada.

Technical information presented in this press release has been reviewed and approved by Brian H. Newton P.Geo, a “qualified person” pursuant to the guidelines laid out in 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.  In the Cadillac-Malartic Gold Camp the Company holds 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) as calculated by Brian H. Newton P.Geo and Philip Burt P.Geo, which is located on the Cadillac Break outside of Cadillac, Quebec and an option to purchase 100% of the Parbec Property, a historically identified gold occurrence with more than 100 drillholes completed and a ramp into the mineralization in place located outside of Malartic, Quebec, contiguous to the Canadian Malartic open pit mine.  In Ontario the Company has the right to earn a 55% interest in the Nixon-Bartleman project, located on the Porcupine-Destor fault in the West Timmins Mining area, another historic gold occurrence with a couple of old shallow pits onsite and a history of past drilling which has not yet defined the gold occurrence.

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.

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