Renforth Channels 20.8 g/t Au over 0.5m, Discovers New Gold Bearing Veins at Wholly Owned New Alger Property, Cadillac Quebec Mining Camp
August 27, 2019 CSE: RFR
For Immediate Release
Renforth Channels 20.8 g/t Au over 0.5m, Discovers New Gold Bearing Veins at Wholly Owned New
Alger Property, Cadillac Quebec Mining Camp
Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (“Renforth” or the “Company”) is pleased to
share several additional positive results from the July surface channel sampling program in and on the
Discovery Vein area of Renforth’s wholly owned New Alger Property, contiguous to Agnico Eagle’s
LaRonde Mine, in the Cadillac Gold Camp of Quebec.
• Eastern Extension Area – results include 20.8 g/t Au over 0.5m, within a channel which
averaged 5.4 g/t Au over 2.05m on surface. These results extend mineralization
approximately 10m to the east, past the previous eastern most mineralization on the
Discovery Veins. In addition, the Discovery Vein occurrence widens with these results
approximately 15m to the north-east.
• New Occurrence – prospecting and channel sampling approximately 100m west of the
Discovery Vein stripped area yielded results including 3.55 g/t Au over 0.4m in a surface
channel. These results are within the ~500m corridor of surface gold results called the
Discovery Veins horizon, with 230m stripped in the fall of 2017, recent results extended the
stripped area’s surface mineralization to ~270m in a generally west to east direction. This
discovery is interpreted to be a new vein, further work will be required to determine the
nature and extent.
• ATV Trail results –two lines of sampling, in a north-south direction, separated by 100m along
each access trail were taken, several results are still pending in the west. The eastern trail
gave the highest surface result obtained of 2.19 g/t over 0.55m, taken from blue quartz and
white quartz-carbonate-feldspar veining set in biotitic, weakly schistose sediments, located
~90m north of the Discovery Veins. This surface showing is entirely new, though it does
correlate with historic underground drill results which record the presence of gold at a depth
of 300 feet, and distinct from the Discovery Veins, additional work will be required to
determine the extent and nature of this new vein which the sample was taken from.
“The Discovery Vein surface gold system, located ~250m south of the Thompson-Cadillac Mine Area
resource at New Alger and the Cadillac Break, is demonstrating that the gold mineralization on the
property is not confined to the Break. We do not yet know the extent of the mineralization within the
Pontiac Sediments, or the relationship between the Discovery Vein system and the Cadillac Break, we
do though look forward to continuing to explore this brownfield gold system occurring on surface and
down to 404m in one of the world’s safest and well supported mining jurisdictions, the Cadillac Gold
Camp, near Malartic, Quebec, with targets identified” states Nicole Brewster, President and CEO of
Renforth.
Suite 269 – 1099 Kingston Road
Pickering, ON L1V 1B5
www.renforthresources.com
Results referred to in this press release were obtained from samples identified and taken in the field,
bagged, tagged and sealed and delivered to the facilities of ALS in Val d’Or Quebec where they were
fire assayed for gold.
Also, may help to talk about expanindg the width of the mineralized horizon as well as increased
strike length as that has +ve implications in economics.
“Continuing the Discovery Veins strike to the west again adds value to New Alger. Having a vein which
assays low values in one area opening up on strike and delivering higher values in another location
illustrates that we cannot dismiss any results obtained, in this environment low grade gold indicates
the presence of gold in the structure. Our channel samples offer only a small window into what is
happening within the Discovery Veins, be it a splay of the Cadillac Break or a dilation of the fault
which joins the Discovery Veins to the western edge of the Thompson-Cadillac Mine. We look forward
to continuing to explore New Alger’s potential.” states Nicole Brewster, President and CEO of
Renforth.
Renforth is awaiting additional results from the July program from the eastern and northern portion
of the Discovery Veins and will report on those as they become available. Results referred to in this
press release were obtained from samples identified and taken in the field, bagged, tagged and
sealed and delivered to the facilities of ALS in Val d’Or Quebec where they were fire assayed for gold.
Technical information in this press release was reviewed and approved by Brian H. Newton P.Geo, a
“qualified person” pursuant to NI 43-101.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
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statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’,
‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and res ults. 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 natu re 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.