$RFHRF $RFR.CN Renforth Obtains Additional Gold Values at Parbec Gold Deposit Exploration Commences at Surimeau District Battery Metals Project
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TheNewswire - September 15, 2021 - Renforth Resources Inc. (C NSX: RFR. CN ) (OTC:RFHRF) (FSE:9RR ) (“Renforth” or the “Company”) is pleased to announce additional positive assay results from the 2021 portion of the >15,000m drilled into the wholly owned Parbec surface gold deposit in Malartic, Quebec, contiguous to the Canadian Malartic Mine. Highlights for an additional four holes are presented below, including 9.95m of 1.75 g/t gold obtained in drill hole PAR-21-142 . This drill program, which consisted of 49 drill holes, was designed to infill gaps within the mineralized model, as well as test several historic holes in order to validate >13,000m of drill data excluded from the May 2020 Mineral Resource Estimate for Parbec and to begin to test the deposit at depth, greater than 75% of the mineralization in the model sits above a depth of 300m. With today’s release there are assay results from 6 drill holes remaining to be received and released once complete.
In drill hole PAR-21-146 the mineralized intervals between 72.3-73.65m down the hole and 88.7-89.7m down the hole are considered unconstrained due to a lack of sampling.
Surimeau District Battery Metals Project Update
Renforth has received the permit required to commence the previously announced stripping program. While assays are still outstanding for the bulk of the 2021 drilling at Surimeau, Renforth will commence the chipping/stripping program in order to expose on surface a portion of the Victoria West mineralized system. It is anticipated that chipping will commence within a week and stripping shortly thereafter. Renforth will use compressed air to clean the newly exposed bedrock once stripping has been completed in order to not stress local water resources after what has been an unusually dry summer. Renforth is happy to say that stripping will be completed prior to the opening of the high-powered rifle hunting season, not unduly inconveniencing local hunters or putting field crew at risk. Our field crew will be able to map and sample the exposed system, as well as prospect ground which has likely not been prospected before with the completion of chipping and stripping.
The gap in the stripping area, indicated in solid yellow, is caused as there is already large-scale outcrop in this area which does not require stripping.
Samples referred to in this press release were selected, split, bagged and tagged in the field and delivers to the facilities of AGAT Laboratories in Val d’Or Quebec where they were assayed for gold using “202-051 – Au by Fire Assay, AAS Finish” and “202-064 – Au by Fire Assay, Gravimetric Finish” for overlimit (>10 g/t Au) values.
Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo (OGQ#2129), a “qualified person” pursuant to NI 43-101