Renforth exposes 180m of continuous visible mineralization containing copper, nickel and zinc on surface at Surimeau to date in stripping program.
October 25, 2021 CSE: RFR
For Immediate Release
Renforth exposes 180m of continuous visible mineralization containing copper, nickel and zinc on
surface at Surimeau to date in stripping program.
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is
pleased to update shareholders on the resumed stripping program on the ~5km long Victoria West
target of Renforth’s wholly owned 260km2 Surimeau property, located in the Pontiac sediments,
contiguous to the Canadian Malartic Mine, near Malartic Quebec. Surface visible copper
mineralization has been encountered, consisting of stringers of medium to coarse grained
chalcopyrite and occasional trace clots of bornite, the channel samples have been sent for assay.
The program, targeting an area between two groups of the holes drilled in the 2.2km long drill
program earlier this year has, to date, successfully exposed 180m of sulphide bearing bedrock and
completed the southern portion, approximately 50m long by 7m wide, of the eastern crosscut, once
complete the crosscut will be approximately 150m in length. The southern contact between the
ultramafic and the Pontiac was successfully intersected in the cross cut, along with another band of
alteration similar to the main alteration running through the centre of the stripped area.
Unit 1B 955 Brock Road
Pickering ON L1W 2X9
www.renforthresources.com
Looking West from Eastern End of Currently Stripped Area
Visible Copper in Cut Channel Sample
Sample 49417 Channel 12
This rock is moderately to strongly albitized, weak to moderately carbonate altered and strongly
foliated. Foliation is frequently contorted throughout this area but the strike is roughly east west (90
degrees) and the dip is generally 35-50 degrees to the north. The rock itself has a banded appearance
with paler creamy coloured bands of albite and darker grey-green chlorite-tremolite and graphite
bands. Graphite also forms rounded clusters and clots. Sulfides are present as fine to coarse stringers
and clots and are generally present only within the darker bands of this rock. There is trace to 1%
Pyrite, Pyrrhotite and Sphalerite + up to 5% medium to coarse grained chalcopyrite and trace bornite.
39.4m channel viewed from above, cut, bagged, tagged and sealed in the field. The southern
ultramafic band is in the left, the oxidized main deformation band is rust coloured in the centre and
the northern ultramafic band, which is the better mineralized of the ultramafic bands, is on the right.
Field Comments on Mineralization
Almost all the newly exposed bedrock over ~180m strike in the stripped area is ultramafic, hosting
low grade nickel and zinc mineralization along the entire strike, with the width of the stripped area
averaging 35m in width but reaching up to a maximum of 42m, without exposing the contact of the
ultramafic and the sedimentary Pontiac unit. The southern portion of the east cross cut exposes the
ultramafic – Pontiac contact and it is anticipated that the northern portion of this crosscut, once
stripped, will also expose this contact zone. The mineralized zone, comprised of a central
deformational structure bound to the north and the south by ultramafics, is oriented east-west and
encompasses, in the western half of the planned stripping area, two small historic trenches which
expose the deformation zone and ultramafics. Mineralization has been observed in numerous places
within the stripped area visually, confirmed with the use of a handheld XRF. The strongest and most
impressive mineralization, at least visually, is along and within the central deformation structure with
frequent clots and stringers of chalcopyrite, pyrite, pyrrhotite and occasionally sphalerite, bornite and
pentlandite. To date, thirteen channels have been cut and sampled and numerous grab samples have
been taken. Samples are being delivered to the lab on an ongoing basis. The current estimated
turnaround time is 8-10 weeks.
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 wholly owns the 260 km2 Surimeau District
Property with several areas of historically identified polymetallic and gold mineralization. This
includes the Victoria West occurrence, Renforth’s current focus, interpreted to be a nickel-containing
ultramafic unit, juxtaposed with VMS-style copper-zinc mineralization which occurs over ~5km of
strike in the western end of the 20km central anomaly at Surimeau. 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 05/14/21), 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 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.