Renforth Drilling Confirms Battery Metals Mineralization at Victoria West Correlates with Magnetic Anomaly
April 20, 2021 CSE: RFR
For Immediate Release
Renforth Drilling Confirms Battery Metals Mineralization at Victoria West Correlates with Magnetic
Anomaly
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) ( FSE-9RR) (“Renforth” or the “Company”) is
pleased to inform shareholders that the Spring 2021 drill program on the Surimeau District Property,
southwest of Malartic, Quebec, has concluded with 3456m drilled in 15 holes over 2.2 kms strike of the
Victoria West Target.
Visual results from this program are significant, confirming that the Victoria West mineralization is
mirroring a regional east-west elongated magnetic anomaly and a strong EM conductor embedded
within a Pontiac Group sediment ary/ultramafic unit . Within this package , a series of ultramafic
komatiitic flows are intercalated with sedimentary graphitic mudstone and quartzite strata . Visually,
the most base metal-rich zones are within the graphitic mudstones, which are up to tens of meters
thick. These have local zones of disseminated copper, nickel and zinc mineralization in a continuous
litho-tectonic unit that occurs on both the north and south sides of the ultramafic strata, in every hole
drilled along the entire 2.2km strike length. Multiple base-metal-enriched sections, each up to several
metres in core length occur from surface up to a vertical depth of 200m in these holes. Pyrrhotite with
visible pentlandite inclusions are observed replacing pyritic nodules within the mudstones, along with
sphalerite in bands and disseminations, and chalcopyrite along fractures.
In planning this drill program Renforth relied upon a high-resolution helicopter borne geophysical
survey flown by the Quebec government in 2012 with 100m line spacing flown at 40m elevation and
compiled data from historic exploration programs during the period 1940 - 1980. This work included
trenching of surface expressions of the surface mineralization and shallow drilling of EM targets from
multiple historic VLF and mag surface geophysical surveys. All of which was correlated with Renforth’s
2020 summer prospecting results and the 194m of drilling in 3 holes from fall 2020 (see Renforth press
release of March 31st 2021).
This survey has been proven, in this drill program, to accurately measure the pyrrhotite rich
sedimentary and ultramafic associated mineralization in the geophysical anomaly at Victoria West, over
the 2.2 kms strike which was drilled. There remains 4km of the anomaly to be drilled to the west and
12kms to the east, with the Colonie Target at the eastern end of the anomaly.
Samples have been selected from the core and will be submitted for assay as soon as they are split,
bagged and tagged. In addition to this, additional sampling of core was carried out on Renforth’s other
project, Parbec in order to constrain gold intervals which have been reported on from the 2020 drill
program, but which were not constrained, requiring additional sampling. All assay results will be
reported on when received. It is anticipated that sample processing will conclude this week.
Suite 269 – 1099 Kingston Road
Pickering ON L1V 1B5
www.renforthresources.com
Renforth invites those who would like to learn more about our Surimeau District Property to join us for
the “Critical and Strategic Minerals Investment Opportunities in Quebec” conference on April 22nd 2021
at 11am. This free event, co-sponsored by the Province of Quebec, Murdock Capital Partners and TAA
Advisory, is held online with registration required via this link “Click here to Register”
Francis R. Newton P.Geo (OGQ#2129) and Martin Demers P.Geo ( OGQ #770), are “qualified person s”
pursuant to NI 43-101, have reviewed and approved the technical disclosure in this press release.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
C:416-818-1393
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
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About Renforth
Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the
Canadian Malartic mine, with a 2020 resource estimate of 104,000 indicated ounces of gold at a grade
of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au. This resource estimate is
now considered by Renforth to be out of date due to the results received in a 15,569m drill program
which has been recently completed. This program was planned to twin, infill and undercut existing drill
holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement. In
addition to this Renforth has discovered a nickel bearing ultramafic, coincident with a copper/zinc VMS,
over ~5km of strike in the western end of the 20km central anomaly at Renforth’s whol ly owned 215
km2 Surimeau property. This prospect was discovered on surface and the subject of a very short,
shallow drill program, a more robust drill program is planned for Spring 2021. Renforth also holds the
Malartic West property, the site of a copper /silver discovery, and Nixon -Bartleman, west of Timmins
Ontario, with gold present on surface over a strike length of ~500m. Renforth is well funded, with ~$6
million in cash and securities on hand (*as at 0 3/15/21), in addition to the gold contained in o ur gold
deposit.
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 ‘m ay’, ‘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 i s 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.