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Renforth Commences Copper Exploration at Beaupré, Completes Nickel Exploration at McCart

Exploration Programs

October 25, 2023 CSE: RFR

For Immediate Release OTCQB: RFHRF

Renforth Commences Copper Exploration at Beaupré, Completes Nickel Exploration at McCart

• Stripping has commenced on the wholly owned Beaupré copper discovery, in the NE part of the

Surimeau property ~3km from the Cadillac Break, to expose more of the mineralized shear

discovered and sampled on surface over 165m.

• Renforth has completed an initial prospecting program on the wholly owned McCart Nickel

Property near Timmins ON, successful visual identification of nickel and copper mineralization in

the field.

• Parbec Gold deposit remodelling utilizing the ~15,000m of drillhole data generated subsequent to

the May 2020 NI 43-101 Mineral Resource Estimate has commenced.

• Surimeau August 2023 Pegmatite prospecting results still awaited.

Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”)

would like to inform shareholders that the Fall 2023 exploration program at Surimeau has

commenced, with stripping of the Beaupré copper discovery. Drilling is planned for the central

portion of the Victoria mineralized horizon; it is anticipated that the program will start later this

month.

Beaupré Copper Discovery Stripping Program Commences

Beaupré was discovered near a lumber road in the NE part of the Surimeau property by SOQUEM,

who obtained an 8% Cu grab sample, which Renforth verified with a 3.59% grab sample. Grab

Unit 1B 955 Brock Road

Pickering ON L1W 2X9

www.renforthresources.com

samples are specific and preferentially selected, therefore not representative of the entirety of the

vein-hosted mineralization, which occurs as vein hosted copper mineralization in chalcopyrite and

bornite over 165m on surface, where it disappears into overburden. The Beaupré discovery is a

greenfield discovery, located close to the regional Cadillac Break structure, with no historical record

or geophysical signature in available surveys, however, there is evidence of very old blasting activity.

Renforth will wash the exposed shear zone and remove overburden along strike and in a crosscut to

better characterize what Beaupré is, and identify parallel veins, if any, that occur within the stripped

crosscut.

McCart Nickel Prospecting Program Complete

Renforth's geologists completed an initial prospecting campaign at the McCart property, located near

Iroquois Falls, Ontario. The property contains three bands of NE/SW trending broad ridges, these can

be divided into the north, south-central and south parts of the property. Numerous traverses were

carried out targeting these ridges using satellite photos to identify potential outcrop locations. The

northern bands are comprised of ultramafic and mafic volcanics with locally up to 5% coarse clots and

disseminations of Pyrrhotite and pyrite stronger in the ultramafic. The south-central ridges are

comprised of intercalated ultramafic and mafic volcanic lenses. Numerous outcrops contained narrow

Quartz-albite stringers, one of which contained a coarse clot of chalcopyrite and bornite. The

southern part of the property hosts a third series of broad NE-SW trending ridges comprised primarily

of pillowed basalts and narrow interlayers of ultramafics. Numerous small historic blast pits were

identified in this area. All of the pits contained veins of Serpentinite with chrysotile along fractures

and pillow selvages. Samples were selected in the field and have been submitted for assay, results

will be reported when received.

Parbec Gold Deposit Update

Renforth has retained Martin Demers PGeo (OGQ) to remodel the Parbec deposit using the results of

the ~15,000m which were drilled subsequent to the 2019 MRE for Parbec.

This process is at an approximate halfway point, to date Mr. Demers has interpreted a hinge fold in

the Pontiac which allowed the emplacement of diorites, associated with the higher-grade gold at

Parbec. The hinge fold is part of a new structural interpretation of the Parbec gold deposit which

includes observations and modelling to better understand and predict the location and geometry of

gold zones at Parbec.

Mr. Demers is working on horizontal plans, this point of view helps to understand the true orientation

of gold lenses, helped by the tight and regular drill pattern at Parbec, especially within the first

hundred meters from the surface. This modeling is being done in order to understand the geometry

of the Parbec gold deposit and identify strike and down dip extensions of the mineralized zones.

The use of level plans highlights the presence of flat lying and offset lenses which thicken. This is

different from the MRE model which used vertical cross sections, perpendicular to the Cadillac Break,

which influences the model created. Upon completion of this remodeling the resultant information

will be available on Renforth's website.

Surimeau Prospecting Update

Renforth is still awaiting receipt of all the assay results from the pegmatite prospecting campaign

(which discovered new mineralization north of Lalonde) which took place in August 2023. When

complete, the data will be forwarded to Dr. Selway for interpretation of the results and released to

the public thereafter.

About Renforth

Renforth is a battery metals area play with the dominant brownfield land position south of the world

class Cadillac-Larder Lake Fault ("CLLF") 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.

Renforth's position is unique in that the both the battery metals mineralization at Surimeau and our

gold deposit at Parbec are road accessible, with hydro power crossing the properties, in an

established and secure mining jurisdiction which regularly ranks as Top 10 (as determined by the

Fraser Institute) in the world.

Renforth is engaged in the active exploration of the proven Surimeau battery metals mineralization,

working towards a maiden resource statement, and the remodeling of our Parbec gold deposit to

incorporate the ~15,000m drilled subsequent to the 2019 effective date of the last MRE.

Technical disclosure in this press release has been reviewed and approved by Francis R. Newton

PGeo, OGQ a “qualified person” pursuant to NI 43-101.

For further information please contact:

Renforth Resources Inc.

Nicole Brewster

President and Chief Executive Officer

C:416-818-1393

E: [email protected]

#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9

Follow Renforth on Facebook, LinkedIn and Instagram!

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 ‘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 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.