Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF)
Post# of 80
(Total Views: 102)
Posted On: 09/10/2024 6:00:07 PM
Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Committed to Essential Mineral Exploration on Canadian Assets
- Exploration is an important step in finding minerals so they can be potentially mined.
- Renforth Resources is actively involved in gold and mineral exploration through several Canada-based projects.
- An update regarding the company’s Malartic Metals Package Project includes a report on the mapping and prospecting work done at the project.
Minerals are key elements of daily life, and the exploration and supply of minerals are essential. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is an active mineral exploration company engaged in the exploration and development of its wholly owned, multicommodity mineral properties, which are located in Canada.
Nearly everything we use each day began life as a mineral,” states a Resources Victoria article (https://nnw.fm/SzylX ). “Your car, PC, mobile phone and power supply are all made with materials derived from minerals.
“Exploration is an important step in finding minerals so they can be potentially mined,” the article continued. “Our demand for minerals is increasing; for example, we need more copper to build renewable energy assets such as wind turbines. This demand is helping drive an increase in exploration.”
Renforth Resources is committed to helping meet the demand. Among the projects the company is working on is its Malartic Metals Package Project (https://nnw.fm/1dAXF ), which is comprised of 540 mining claims, totaling more than 30,327 hectares, south of the town of Cadillac, Quebec. The project is contiguous to the Canadian Malartic Mine, the second-largest operating gold mine in Canada and one of the world’s largest gold-mining operations (https://nnw.fm/g1r2M ).
This property is wholly owned, with only the typical requirements to keep the property in good standing, Renforth reports. It is also almost entirely unencumbered with the exception of a handful of claims in the northeastern portion of the property, which are subject to a net smelter return (“NSR”). However, the company points out, there is no known mineralization on those claims, and they are removed from any of the areas of current interest.
“The current property was assembled in 2020 by adding claims to Renforth’s Malartic West property by map staking,” the company states. “The goal of the map staking was to acquire historic gold and base metal showings . . . as well as the pronounced magnetic anomalies joining several of the areas of discrete historic exploration. This is the first time this property has been assembled as it is today and actively explored — a significant portion of the property has never been explored.”
The company’s most recent update reflected mapping and prospecting work and noted that the project is known to “host several occurrences of nickel/cobalt/zinc/copper polymetallic mineralization over >29 km of strike as well as numerous pegmatites prospective for lithium, with elevated lithium also occurring in the Pontiac sediment host rock” (https://nnw.fm/gS8ZT ).
The update noted several highlights, including prospecting that showed two new locations of surface nickel polymetallic (nickel/cobalt/zinc/copper) mineralization, similar to that seen within the Victoria system. One area is located north of the Lalonde system and one south of the Victoria system, with a total of four places where the polymetallic mineralization comes to surface. The update also reported elevated lithium found in lithium/cesium/tantalum fractionated pegmatites and in the Pontiac sediments, which appears to indicate proximity to blind pegmatites and may represent the mobility of lithium, offering an exploration vector. In addition, the update observed that Victoria drilling has commenced, with two holes completed for a total of 561m and mineralization successfully intersected in both infill holes, with positive results definitively extending mineralization across a drilling gap; the mineralization has now been drilled along a 2.5km length from the road to the west within the 20km-long structure.
Renforth is a battery metals area play with the dominant brownfield land position south of the world class Cadillac-Larder Lake Fault in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth’s land position encompasses several areas of interest.
For more information about the company, visit www.RenforthResources.com.
NOTE TO INVESTORS: The latest news and updates relating to RFHRF are available in the company’s newsroom at https://nnw.fm/RFHRF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
- Exploration is an important step in finding minerals so they can be potentially mined.
- Renforth Resources is actively involved in gold and mineral exploration through several Canada-based projects.
- An update regarding the company’s Malartic Metals Package Project includes a report on the mapping and prospecting work done at the project.
Minerals are key elements of daily life, and the exploration and supply of minerals are essential. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is an active mineral exploration company engaged in the exploration and development of its wholly owned, multicommodity mineral properties, which are located in Canada.
Nearly everything we use each day began life as a mineral,” states a Resources Victoria article (https://nnw.fm/SzylX ). “Your car, PC, mobile phone and power supply are all made with materials derived from minerals.
“Exploration is an important step in finding minerals so they can be potentially mined,” the article continued. “Our demand for minerals is increasing; for example, we need more copper to build renewable energy assets such as wind turbines. This demand is helping drive an increase in exploration.”
Renforth Resources is committed to helping meet the demand. Among the projects the company is working on is its Malartic Metals Package Project (https://nnw.fm/1dAXF ), which is comprised of 540 mining claims, totaling more than 30,327 hectares, south of the town of Cadillac, Quebec. The project is contiguous to the Canadian Malartic Mine, the second-largest operating gold mine in Canada and one of the world’s largest gold-mining operations (https://nnw.fm/g1r2M ).
This property is wholly owned, with only the typical requirements to keep the property in good standing, Renforth reports. It is also almost entirely unencumbered with the exception of a handful of claims in the northeastern portion of the property, which are subject to a net smelter return (“NSR”). However, the company points out, there is no known mineralization on those claims, and they are removed from any of the areas of current interest.
“The current property was assembled in 2020 by adding claims to Renforth’s Malartic West property by map staking,” the company states. “The goal of the map staking was to acquire historic gold and base metal showings . . . as well as the pronounced magnetic anomalies joining several of the areas of discrete historic exploration. This is the first time this property has been assembled as it is today and actively explored — a significant portion of the property has never been explored.”
The company’s most recent update reflected mapping and prospecting work and noted that the project is known to “host several occurrences of nickel/cobalt/zinc/copper polymetallic mineralization over >29 km of strike as well as numerous pegmatites prospective for lithium, with elevated lithium also occurring in the Pontiac sediment host rock” (https://nnw.fm/gS8ZT ).
The update noted several highlights, including prospecting that showed two new locations of surface nickel polymetallic (nickel/cobalt/zinc/copper) mineralization, similar to that seen within the Victoria system. One area is located north of the Lalonde system and one south of the Victoria system, with a total of four places where the polymetallic mineralization comes to surface. The update also reported elevated lithium found in lithium/cesium/tantalum fractionated pegmatites and in the Pontiac sediments, which appears to indicate proximity to blind pegmatites and may represent the mobility of lithium, offering an exploration vector. In addition, the update observed that Victoria drilling has commenced, with two holes completed for a total of 561m and mineralization successfully intersected in both infill holes, with positive results definitively extending mineralization across a drilling gap; the mineralization has now been drilled along a 2.5km length from the road to the west within the 20km-long structure.
Renforth is a battery metals area play with the dominant brownfield land position south of the world class Cadillac-Larder Lake Fault in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth’s land position encompasses several areas of interest.
For more information about the company, visit www.RenforthResources.com.
NOTE TO INVESTORS: The latest news and updates relating to RFHRF are available in the company’s newsroom at https://nnw.fm/RFHRF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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