Renforth Resumes Drill Program on Wholly Owned Parbec Open Pit Constrained Gold Deposit Contiguous to Canadian Malartic Mine in Malartic Quebec
February 10 2021 CSE: RFR
For Immediate Release
Renforth Resumes Drill Program on Wholly Owned Parbec Open Pit Constrained Gold Deposit
Contiguous to Canadian Malartic Mine in Malartic Quebec
Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN - A2H9TN) (“Renforth” or the
“Company”) is pleased to inform shareholders that drilling has resumed on our wholly owned Parbec
Gold Deposit in Malartic Quebec, contiguous to the Canadian Malartic Mine, Canada’s largest open
pit gold mine, straddling ~1.8kms of the Cadillac-Larder Lake Deformation Zone (“Cadillac Break”).
This Winter 2021 phase of the 15,000m drill program at Parbec is planned to consist of 5070m of
drilling, with 7 drill holes twinning holes drilled in the 1980s and 1990s, and 12 holes infill drilling and
undercutting previous holes, with a focus on the Camp Zone and the northwestern part of Parbec.
At the same time as drilling has resumed at Parbec we still await the results of the 22 holes drilled in
the latter part of 2020 for which we have not received results. The splitting of the final 7 holes not
split prior to Christmas has been completed, with the samples submitted to the lab. These 7 holes are
included within the 22 holes.
Upon completion of this program, anticipated in late March, Renforth will rebuild the geological
model for Parbec with the data generated by the drill program and then move to update the NI 43-
101 resource estimate for Parbec.
During the Parbec program Renforth’s field crew will split the core from Surimeau which was not split
and submit it for assay.
Technical disclosure in this press release has been reviewed and approved by Brian H. Newton P.Geo a
“qualified person” pursuant to the guidelines of NI 43-101.
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
About Renforth
Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the
Canadian Malartic mine, with 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000
Suite 269 – 1099 Kingston Road
Pickering ON L1V 1B5
www.renforthresources.com
inferred ounces of gold at a grade of 1.78 g/t Au. A 15,000m drill program is ongoing, this program is
planned to twin, infill and undercut existing drill holes at Parbec, the aim of this program is to rebuild
the geological model and increase the resource estimate upon 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 wholly 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 p lanned 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 ~$6.7 million in cash and securities
on hand (*as at 02/08/21), in addition to the gold contained in our gold deposit.
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news rele ase 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 ag ainst 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.