Twitter Facebook LinkedIn YouTube

Renforth Resources continues to report gold intersections in its latest assays from its Parbec property in the prolific Cadillac Break in Quebec

Video Platform Video Management Video Solutions Video Player

Parbec, the company’s open pit gold deposit, is located in the prolific Cadillac Break in Quebec, along with its nearby wholly owned early exploration stage Malartic West copper/silver discovery and the wholly owned large scale Surimeau VMS/Nickel Sulphide discovery.

Tags:

Additional Information:

Company: Renforth Resources
Website: http://www.RenforthResources.com
Stock Symbol: CSE:RFR
Date Published: Jan 11, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Renforth Resources continues to report gold intersections in its latest assays from its Parbec property.

Parbec, the company’s open pit gold deposit, is located in the prolific Cadillac Break in Quebec, along with its nearby wholly owned early exploration stage Malartic West copper/silver discovery and the wholly owned large scale Surimeau VMS/Nickel Sulphide discovery.

The company also wholly owns two other gold and polymetallic mineralized properties in Quebec and Ontario.

Parbec is located adjacent to, and on strike of, the Canadian Malartic Mine, Canada’s largest gold mine, currently operating as an open pit.

With the latest results, the company has now reported 5 drillholes of the 27 drilled in the Fall 2020 program, which totalled 9,644 meters.

Today’s results included 13 meters of 1.72 grams per tonne gold.

Hole 103, which was announced on December 16th, along with hole 104 and 104A released today, all intersected gold, as did each of the prior 40 holes drilled by Renforth at Parpec.

Holes PAR-20-104 and PAR-20-104A were drilled from the same collar location.

These holes confirm that there is a highly prospective gold bearing package at Parbec located within the sediments, outside of the Cadillac Break and its mineralized lenses, which requires additional follow up work

The current drill program is designed to add ounces to the company’s current NI 43-101 Resource Estimate, which shows approximately 4.9 million tonnes containing approximately 281 thousand ounces.

Nicole Brewster, President and CEO, stated: "Parbec continues to deliver gold assays, I worry that our press releases are repetitive, but then I figure that this sort of repetitive press release, more gold assays at Parbec, cannot possibly be a bad thing. We look forward to resuming work splitting samples for the 7 holes not yet sent to the lab, then getting the drill turning on the balance of our 15,000m program at Parbec, in the very near future."

The shares are trading at $0.055.

For more information, please visit the company’s website www.RenforthResources.com, contact Nicole Brewster, President and CEO, at 416-818-1393 or email nicole@RenforthResources.com.

I’m Megan Edwards for Investmentpitch Media