Renforth Intersects 49.6m of 1.46 g/t Gold at Parbec Open Pit Gold Deposit
April 7, 2021 CSE: RFR
For Immediate Release
Renforth Intersects 49.6m of 1.46 g/t Gold at Parbec Open Pit Gold Deposit
• PAR-20-116 highlight 1.46 g/t Au over 49.6m, from 108.9m to 158.5m down the hole
• PAR-20-106 highlight 1.32 g/t Au over 4.45m, from 211.35m to 215.8m down the hole
• PAR-20-107 highlight 4.02 g/t Au over 4m, from 141m to 145m down the hole
• PAR-20-108 highlight 2.05 g./t over 1.5m, from 156.65m to 158.15m down the hole
• PAR-20-109 highlight 0.69 g.t Au over 12.85m, from 136.15m to 149m down the hole
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) ( FSE-9RR) (“Renforth” or the “Company”) is
pleased to update shareholders on drill results received for Renforth’s 2020 drill program on the wholly
owned Parbec open pit constrained gold deposit on the Cadillac Break, adjacent to the Canadian
Malartic Mine.
This press release gives highlights of assays received for PAR-20-116, PAR-20-106, PAR-20-107, PAR-20-
108 and PAR-20-109, all drilled in the Fall 2020 program at Parbec where 9,644m were drilled in phase
one of a drill program designed to support a new 2021 resource estimate for Parbec. The drill program
finished at 15,569m of drilling completed with the assay results for a total of 37 drill holes in both phase
one (Fall 2020) and phase two (Winter 2021) of the program still outstanding.
The drill program was designed to fill in gaps within the existing deposit model, to test for the downdip
extension of mineralized zones with undercut drillholes and to twin holes drilled between 1986 and
1993 in order to allow the assay results from those 62 holes to be used in the 2021 resource estimate
for Parbec, anticipated to be complete in June/July 2021, however, the timeline is dependent on the
receipt of assays. The five holes reported on in this press release continue Renforth’s success in drilling
at Parbec with, again, each hole drilled returning gold values of interest. Each of the results given below
are accretive to the overall gold endowment of the Parbec deposit and are expected to positively
impact a resource estimate calculation.
Assay Highlight Table
DDH From (m) To (m) Length (m) Assay Au g/t
PAR-20-106 22.5 24 1.5 1.32
PAR-20-106 196.5 201.7 5.2 0.76
PAR-20-106 211.35 215.8 4.45 1.32
PAR-20-106 221.5 225 3.5 1.41
PAR-20-106 366 376.75 10.75 0.45
including 368.5 369.1 0.6 1.26
PAR-20-107 36 38.5 2.5 0.63
Suite 269 – 1099 Kingston Road
Pickering ON L1V 1B5
www.renforthresources.com
PAR-20-107 42 43 1 3.94
PAR-20-107 57.2 65.1 7.9 0.54
including 57.2 60.5 3.3 0.79
PAR-20-107 108.8 109.7 0.9 0.9
PAR-20-107 141 145 4 4.02
PAR-20-108 76.9 78.5 1.6 0.901
PAR-20-108 156.65 158.15 1.5 2.05
PAR-20-109 2.3 2.8 0.5 1.84
PAR-20-109 31 37.5 6.5 0.91
PAR-20-109 60.8 64.5 3.7 0.52
PAR-20-109 124.05 128 3.95 0.68
including 126.5 128 1.5 0.908
PAR-20-109 136.15 149 12.85 0.69
PAR-20-116 76 78.85 2.85 1.08
PAR-20-116 108.9 158.5 49.6 1.46
including 135.5 138 2.5 8.63
*assay intervals are as measured in the core box, not true width.
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 re sults 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 ultramafic, coincident with a copper/zinc VMS,
over ~5km of strike in the western end of the 20km central anomaly at Renforth’s wholly owned 215
km2 Surimeau property. This prospect was discovered on surface and the subject of a very short,
shallow drill program, a more robust drill program is planned for Spring 2021. 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 ~$6
million in cash and securities on hand (*as at 0 3/15/21), 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.