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Renforth Discovers Quartz Veins in Pontiac Sediments at Western End of Property

C.RFR

Renforth Discovers Quartz Veins in Pontiac Sediments at Western End of Property



Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE: RFR) (“Renforth” or the “Company”) is pleased to announce the discovery of blue-black quartz veining in the Pontiac Sediments within the staked claims that form the western portion of the New Alger property.   Visually this mineralization is identical to the mineralization seen in the gold-bearing “Discovery Vein” of the Pontiac Vein System, which Renforth has established in the eastern portion of the property, approximately 1400 metres to the east as depicted below, as well as the mineralization in the mine area.   Samples taken will be submitted for assay, results released when available.

 

To view the graphic in its original size, please click here

 

In the past week Renforth carried out additional field reconnaissance at New Alger and at Parbec.  At New Alger the focus was, for the first time, on the northern portion of the optioned claims, which abut the western and southern sides of the New Alger mining concession.   The geologists were tasked with locating outcrop, visible in satellite photos, which correlated with Renforth’s Mag and IP data.  This data, collected in 2007, 2008 and 2011 presented geophysical targets, which are now interpreted to be correlated to and trending onstrike of, the Pontiac Vein System.  Once in the field it was determined that the ground has seen logging activity, which serves to bury some outcrop under a significant amount of felled brush, however, this same activity also resulted in other outcrop being cleared and roads opened at the site which improved access and uncovered bedrock in some areas.

 

The Pontiac veins, in the eastern portion of the property, have been traced on surface over approximately 450 metres of strike length (see press release Dec. 9, 2014).   The Pontiac Vein System consists of three horizons (North, Discovery and South) where the gold bearing veins outcrop.  Within the Pontiac Vein System the Discovery Vein horizon has been traced at surface over an E/W strike length of 450 metres, returning assays on surface as high as 12.33 g/t Au in a surface channel over 0.7 metres.  The three vein horizons currently occupy a north to south distance of approximately 350 metres, commencing approximately 100 metres to the south of the Thompson-Cadillac Mine Area mineralization, which is hosted by the volcanic units of the Piche Group.

 

In the Discovery horizon, mudstones and greywackes of the Pontiac sediments host a complex, braided system of distinctive deep blue quartz veins with a similar appearance to those in the mine zones. Quartz veins range from a few centimetres to 2 metres in thickness. The wallrocks of these veins are modestly mineralized with arsenopyrite and pyrite. Grab and channel sampling in recent years shows that both the sulphidic wallrocks and the quartz veins are auriferous, and that coarse gold has been observed in the veins.

 

Vein systems with an identical appearance and setting have now been found in the Pontiac sediments in the northern part of the Claims area, about 1400 metres southwest of the Discovery horizon. These may have a direct strike relationship. Of particular interest is a metre-thick quartz porphyry sill which sits adjacent to one such quartz vein. This unit is mineralized with arsenopyrite and may be related to the porphyry units present throughout the highly auriferous Piche Group.

 

Samples were taken in the field, bagged and tagged and delivered to an accredited laboratory.  These samples will be tested for gold mineralization, the results reported once available.

 

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.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/renforth06172015.pdf

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

 

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