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Renforth Discovers New Mineralized Zone in Cadillac Break at Wholly Owned New Alger

Drill Results

December 3, 2019 CSE: RFR

For Immediate Release

Renforth Discovers New Mineralized Zone in Cadillac Break at Wholly Owned New Alger

Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (“Renforth” or the “Company”) is pleased to announce

the discovery of a new gold bearing zone north of the historic Thompson-Cadillac Mine mineralized veins, within

the Cadillac Break, at New Alger. The “sericite” zone was i ntersected in all 3 Cadillac Break holes, for an initial

strike length of 200m, with pierce points between approx. 150 and 250 m vertical depth. This newly discovered

zone is open on strike and down -dip. REN-19-35, the first Cadillac Break hole, contained a fleck of visible gold

within the sericite zone.

The November 2019 program consisted of 10 holes, in 2057 metres, each targeting previously un-drilled areas of

the New Alger property, specifically the Discovery Veins area, exploring for down -dip extension of surface gold

mineralization, and the historic mine area, looking for down-dip extension of gold mineralization encountered in

previous drill holes and with the specific aim of exploring the Cadillac Break north of the mine . The mine area

exploration holes , in the vicinity of the Thompson -Cadillac #2 shaft and westwards, were allowed to continue

past the point where all previous historic and modern drilling was stopped, drilling north into the Cadillac Break,

entirely unexplored virgin ground on one of Canada’s most prolific gold structures . Each of the 10 holes drilled

successfully hit the targeted surface Discovery Vein mineralizatio n, the 3 mine veins, and new zones, each

containing the mineralogy typically found with gold on this property. Samples from the mineralized areas of these

drill holes have been sent for assay and will be reported upon once the results are available.

Discovery Vein Drillholes

The first 7 holes in the drill program are the first ever holes drilled into the “Discovery Veins”, located in the

Pontiac sediments ~250m south of the mine area, re -discovered and stripped over 270m by Renforth, this

mineralized system consists of numerous surface quartz vein sets, swarms and blowouts which are gold bearing.

The system is proven to extend to the west on Renforth’s property under shallow overburden. This discovery,

which pinches and swells on surface from veins of less than 1m in width to a mineralized package up to 15m in

width in places, is interpreted to represent a splay of the Cadillac Break mineralization, has never before been

drilled.

REN-19-28 collared in the eastern ATV/access trail to the stripped area and d rilled south this hole was

designed to undercut a surface sample of 2.19 g/t Au over 0.55m, obtained in the August 2019

stripping program (press release Aug. 27/19) and the Discovery Vein stripped area. This 204m

hole drilled at -45 dip encountered alterat ion/vein material in core between 92 -101m, 129 -

132m and 189-192m as measured down hole in core. Chlorite and biotite alteration was present

in the hole, along with arsenopyrite and pyrite mineralization.

REN-19-29 collared in the eastern end of the stripped area and drilled north this 75m hole, at -45 dip,

targeting the Discovery Veins intersected greywacke with numerous quartz vein sets from 27 -

40m measured in core and additional quartz veins sets from 51 -55m and 68-70m. Chlorite and

biotite alteration often surrounds the veins, local disseminations of arsenopyrite and pyrite are

also present.

REN-19-30 collared on the same set up as REN -19-29 this hole was drilled north for 111m at a dip of -60,

encountering greywacke with vein sets from 39-54m as well as sporadic veins for the remainder

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Pickering, ON L1V 1B5

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of the hole. Biotite and chlorite alteration w ere often seen within and along vein walls. Local

disseminations of fine to medium pyrite is found along veining from 30 -40m and 60-90m. Fine

to medium grained arsenopyrite is found within and around some veins at 41 -42m, 53m, 66m,

81-88m and 103m.

REN-19-31 collared in the central area of the Discovery Veins, in an area blasted historically. This hole was

drilled south for 75m at an angle of -45 and intersected minor quartz veining from 14-29m and

major veining in several instances from 46 -47.1m, 47.5 -48.1m and 51.9 -52.25m. Biotite is

present in the greywacke over most of the hole, arsenopyrite in various concentrations also

occurs.

REN-19-32 collared on the same set up as REN-19-32 this hole was drilled north for 114m. Occasional small

veins were present throughout the hole with background biotite alteration and trace

arsenopyrite.

REN-19-33 collared at the western end of the stripped area this hole was drilled south fo r 75m at a dip of

-45, encountering biotite alteration through most of the hole. This hole contained significant

veining, with quartz lenses present from 20-22m and a large quartz/albite vein from 31.4-32.5m

with an irregular breccia -welded texture and sch istose wallrock fragments within it. Pyrite is

present in many areas, from 35.9 -39.8m and 44 -46.8m there are 2 zones of disseminated

arsenopyrite mineralization.

REN-19-34 collared on the same set up as REN -19-33 this hole was drilled south for 111m at a dip of -60,

encountering numerous quartz vein zones and a possible volcanic unit which was partly

silicified.

Cadillac Break Drillholes

The final 3 holes in the drill program targeted the mineralized veins of the mine area, within the Piche volcanics,

which, in the Thompson-Cadillac Mine area, are interlayered with the schist of the Cadillac Break. In addition to

this the intent was to drill further north than has been previously done, ideally through the volcanics and into

the Cadillac sediments to the north. Due to a combination of budget constraints and the widening of the

Cadillac Break the Cadillac sediments have not yet been reached. Renforth did successfully intersect the never

before drilled albitite which was noted as present on a 1929 Quebec Bureau of Mines map over ~100 feet in the

northern crosscut from the Thompson-Cadillac Mine. In addition to intersecting this Renforth discovered new

zones, specifically a gold bearing sericite zone within the schist of the Cadillac Break.

REN-19-35 collared in the central area of the property, near the Thompson -Cadillac #2 (100 foot deep)

shaft, this hole was drilled north for 335.1m at an angle of -45, intersecting two major and three

smaller zones of mineralization within the Piche volcanics includ ing 45.4-58m and 86.1-94.3m

measured in core. Within the schist occurred sediments with alteration and mineralization at

124.7-153.2m and 186.5 -198m, in additional a complex zone from 216 -240.8m included talc

schist, biotite schist and the sericite alterat ion zone, in this hole with visible gold. Massive

albitite was encountered from 240.8 -248.9, appearing as very pale grey porphyritic unit with

trace arsenopyrite and pyrite within its groundmass. This hole terminated in volcanics with, at

the very end of the hole, a small amount of chalcopyrite and pyrrhotite that appears to be a

coarse grained gabbro with chalcopyrite as a fracture fill.

REN-19-36 collared 100m west of REN-19-35 this hole was drilled north 480m at a dip of -60, targeting a

down-dip extension of several REN-10-05 gold intervals, including 3.10 g/t Au over 18.2m

including 8.7 g/t Au over 2.5m (press release Feb 24/11) in addition to again drilling further

north into the Break. The target ed extension was obtained, intersections in this hole included

158.5-178.6m, interpreted as vein #1, 194-212m, interpreted as vein #2, 238-257m, interpreted

as vein #3, the sericite zone from 350.9-355.1m and the albitite zone from 468.7-472.8m, all as

measured in the core box.

REN-19-37 collared 100m west of REN-19-36 this hole was also, in part, undercutting a prior hole, REN-10-

08 which had several gold intersections including 1.07 g/t Au over 7m (press release Feb 24/11)

in addition to drilling further north into the Cadillac Break. This hole successfully intersected

the 3 mine area veins in addition to the other zones seen in the prior two holes.

All three of the Cadillac Break holes intersected numerous lenses of volcanics within schist, none reachi ng the

northern contact of the Break and the Cadillac sediments, the Break is interpreted (with limited data) to widen

as it moves west within these three holes.

Samples selected in drill core are being split and delivered to the lab for fire assay for gold. Selected samples will

be assayed for full elemental results.

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

E: [email protected]

#269 – 1099 Kingston Road, Pickering ON L1V 1B5

ABOUT RENFORTH

Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold bearing

properties located in the Provinces of Quebec and Ontario, Canada.

In Quebec Renforth holds the New Alger and Parbec properties, in the Cadilla c and Malartic gold camps

respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances

additional gold bearing structures, other than the Cadillac Break, have been found on each property and require

additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian

Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site of

a copper discovery. In addition to th is Renforth has optioned the wholly owned Denain -Pershing gold bearing

property, located near Louvicourt, Quebec, to O3 Mining Inc.

In Ontario Renforth holds the Nixon -Bartleman surface gold occurrence west of Timmins Ontario, drilled,

channeled and samp led over 500m – this historic property also requires additional exploration to define the

extent of the mineralization.

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 cau tioned 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.