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Renforth Intersects Surface Battery Metals Mineralization in Lalonde Channeling

Drill Results

November 28, 2022 CSE: RFR

For Immediate Release OTCQB: RFHRF

Renforth Intersects Surface Battery Metals Mineralization in Lalonde Channeling

Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is pleased to

advise shareholders that channels cut within the 3 stripped trenches at Lalonde, which are being undercut in

the current drill program, did intersect surface battery metals mineralization as measured in the field and

confirmed by the assay laboratory.

In addition to this, Renforth wishes to advise shareholders that 3 drill holes, Prop5 (SUR-22-30), Prop4 (SUR-22-

31) and Prop2 (SUR-22-31), have been completed at Lalonde in the ongoing Surimeau drill program, successfully

intersecting the surface mineralization in the undercutting drill hole. Each hole drilled starting in the sediments

to the north, drilled through the mineralized/ultramafic package to the point of contact with the sediments in

the south. As each hole intersected the complete package, a second southern or undercut hole was not

required (as previously planned), therefore, those metres will be used to the east, based upon the analysis of

the 2021 geophysical survey data which Renforth has just received, inserted below.

Lalonde Area Initial Proposed Drill Holes

Unit 1B 955 Brock Road

Pickering ON L1W 2X9

www.renforthresources.com

Nickel Values in Trenching

In each of the 3 trenches stripped at Lalonde one channel was cut and sampled, when accessible.

Unfortunately, sample gaps occur in Trench 9, within the best mineralized zone, potentially artificially breaking

up the mineralized interval due to access issues, namely flooding with water making it impossible to obtain

samples.

It is Renforth's interpretation that, in each of the 3 channels cut within the trenches that are perpendicular to

the magnetic anomaly at Lalonde, each surface mineralized "shoulder" of the anomaly was intersect ed,

successfully yielding ultramafic nickel mineralization.

Geophysical Analysis

Renforth commissioned an analysis and interpretation of the geophysical data obtained during the airborne

survey which Renforth flew over the Victoria mineralized system and a portion of the Lalonde mineralized

system. One of the products of this analysis was a conductivity map, showing conductive anomalies within the

overall magnetic anomaly at Victoria and Lalonde. This sort of analysis is interesting as, for example, copper is

conductive but not magnetic, the magnetic anomaly that stretches over ~20km at Victoria, and ~9km at

Lalonde, depicts the ultramafic intrusive, which we know to be carrying nickel/cobalt and some amount of

PGEs. Additionally, while nickel is conductive it is much less conductive than copper, it is reasonable to assume

that copper would perform better in an analysis of conductivity. Within the location of the ultramafic we do see

a graphitic shale that is copper/zinc bearing, along with calc-silicate alteration carrying the same mineralization,

however, the magnetic anomaly does not reflect these structures, there is potential that the conductivity map

does. We will be testing this hypothesis.

Surimeau Conductivity Map (Decay Constant with Picked Anomalies)

The map above locates the stripping (at Victoria and Lalonde) and the drilling (at Victoria) to date relative to the

conductive anomalies, along with the proposed drill holes. The receipt of this information has caused Renforth's

geologists to modify planned, and to add, drill holes targeting the conductive anomaly. It is interesting to note

that the stripping, and a lot of the drilling, to date at both Victoria and Lalonde, all of which intersected the

ultramafic and some amount of nickel mineralization, has largely missed the conductive anomalies.

Zoomed in Lalonde Detail

Zooming in on the Lalonde section of the map indicates that the conductivity anomaly is strongest where the

road intersects Lalonde, this suggests that the stripping and drilling to date was too far west, with regard to

conductivity and potential copper mineralization. However, despite the lack of a conductive anomaly, nickel

mineralization has been intersected on surface and in drill holes in the area worked. As Renforth works at

Lalonde, which has little to almost no useful historical information to guide exploration, it is becoming clear that

while the mineralization is very similar to Victoria it is not identical, with possibly more copper/zinc intersected

in the current drilling than at Victoria.

Technical disclosure in this press release has been reviewed and approved by Francis R. Newton OGQ 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

E: [email protected]

#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9

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About Renforth

Renforth is focused on Quebec's newest battery metals district, our wholly owned ~330 km2 Surimeau District

Property, which hosts several known areas of polymetallic "battery metals" mineralization, each with various

levels of exploration, as well as a significant amount of unexplored ground. Victoria West has been drilled over a

strike length of 2.2km, within a 5km long mineralized structure, proving nickel, copper, zinc and cobalt

mineralization, in the western end of a 20km magnetic anomaly. The Huston target, during initial

reconnaissance, resulted in a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4 g/t Ag. Additionally,

the Lalonde, Surimeau and Colonie Targets are all polymetallic mineralized occurrences which, along with

various gold showings, comprise the areas of potential of this NSR free property.

In addition to the Surimeau District battery metals property Renforth wholly owns the Parbec Gold deposit, a

surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. In 2020/21

Renforth completed 15,569m of drilling which successfully twinned certain histori c holes, filled in gaps in the

resource model with newly discovered gold mineralization and extended mineralization deeper. Based upon the

success of this significant drill program the Company considers the spring 2020 MRE, with a 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 to be out of date. With the new data gained Renforth will undertake to complete the first ever

structural study of the mineralization at Parbec, as well as additional total metallic assay work in order to better

contextualize the nugget effect on the gold mineralization.

Renforth also holds the Nixon-Bartleman property, west of Timmins Ontario, with gold present on surface over

a strike length of ~500m.

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.