Renforth Drills 9.5m of 4.66 g/t Gold at Wholly Owned Parbec Gold Deposit in Quebec
August 24, 2021 CSE: RFR
For Immediate Release
Renforth Drills 9.5m of 4.66 g/t Gold at Wholly Owned Parbec Gold Deposit in Quebec
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) ( FSE-9RR) (“Renforth” or the “Company”) is
pleased to announce additional positive assay results from the 2021 portion of the >15,000m drilled
into the wholly owned Parbec surface gold deposit in Malartic, Quebec, contiguous to the Canadian
Malartic Mine. The interval of 9.5m of 4.66 g/t gold included a sub-interval of 1m which assayed 31.2
g/t of gold. This drill program, which consisted of 49 drill holes, was designed to infill gaps within the
mineralized model, as well as test several historic holes in order to validate >13,000m of drill data
excluded from the May 2020 Mineral Resource Estimate for Parbec and to begin to test the deposit at
depth, greater than 75% of the mineralization in the model sits above a d epth of 300m. With today’s
release there are assay results from 10 drill holes remaining to be received and released once complete.
Parbec Assay Results Highlights
Suite 269 – 1099 Kingston Road
Pickering ON L1V 1B5
www.renforthresources.com
Parbec 2020/21 Top 10 Drill Intervals
The highlight interval reported on today has a metal factor which supports its inclusion in the list of
Top 10 Drill intervals for the 2020/21 drill program, as presented below.
The highlight sub interval from today’s press release of 31.2 g/t gold over 1m in PAR-21-135 has a metal
factor sufficient for inclusion in the overall assay value highlight table for Parbec. Please note it is
believed this list is complete with regard to drilling from the 1980s to present, however, it may not be.
Surimeau District Project Update
Renforth is currently planning a return to the field this Fall on the wholly owned 260 km 2 Surimeau
battery metals property, specifically the 5km long Victoria West target, with nickel, copper and zinc
sulphides observed on surface and within initial drilling.
Renforth intends to, upon receipt of required permits, strip an area of surface mineralization at Victoria
West in order to get a better look at the mineralized system between and outside of two areas of
existing outcrop. In addition to this Renforth intends to fly a detailed magnetic survey and produce a
high-resolution photo-mosaic of Victoria West using drone mounted geophysical equipment. A drone
survey is a low impact and cost -effective way to obtain very accurate information with a quick
turnaround, this data would be used in the planning of Renforth’s next drilling at Surimeau.
Samples referred to in this press release were selected, split, bagged and tagged in the field and delivers
to the facilities of AGAT Laboratories in Val d’Or Quebec where they were assayed for gold using “202-
051 – Au by Fire Assay, AAS Finish” and “202 -064 – Au by Fire Assay, Gravimetric Finish” for overlimit
(>10 g/t Au) values.
Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo
(OGQ#2129), 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
#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 polymetallic system, over ~5km of strike in
the western end of the 20km central anomaly at Renforth’s wholly owned 260 km2 Surimeau District
Property. 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 ~$5 million in cash and securities on hand (*as at 0 5/14/21), 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 release contains forward -looking statements and information under applicable securities
laws. All statements, other than statements of hist orical 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 explora tion 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.