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Renforth Intersects Visible Nickel, Copper and Zinc Sulphides in Initial 1,350m Drill Step Out to the West at Victoria West

Exploration Programs

March 31, 2021 CSE: RFR

For Immediate Release

Renforth Intersects Visible Nickel, Copper and Zinc Sulphides in Initial 1,350m Drill Step Out to the

West at Victoria West

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

pleased to update shareholders on our ongoing drill program on the Victoria West target area of our

Surimeau District Property, located south of Malartic Quebec and contiguous to the Canadian Malartic

Mine.

As of the end of day March 29th Renforth has completed four holes SUR-21-04, SUR-21-05 and SUR-21-

06, SUR-21-07, in two fences and 813m of drilling, to the west of SUR -20-01 through 03, the 194m of

drilling completed in Fall 2020. The visual results obtained in SUR-21-04 through SUR-21-07 reveal the

presence of nickel, copper, and zinc sulphide m ineralization hosted primarily in bands of graphitic

siltstones and quartzites within thick bands of ultramafics , as also observed in the holes drilled in the

fall of 2020. Pyrrhotite seems to be the most common sulphide at this point in the program. Pentlandite,

chalcopyrite and sphalerite are seen within or adjacent to the pyrrhotite. Chalcopyrite is also often seen

within silica rich veinlets and stringers. The graphitic siltstones and quartzites are often silicified, while

being low in carbonate minerals . Overall, the units appear to be lead deficient evidenced by a lack of

galena and nil to low XRF values of lead indicating an Archean genesis of the system. The first fence,

SUR-21-04 and SUR-21-05 were a ~1350m step out to the west from SUR -20-103. The mineralized

package of lithologies seen to date are approximately 200m in thickness (measured north/south) with

sediments to the north and south. The Victoria West system strikes approximately 5km east to west,

as evidenced by geophysics, historic work, Renforth’s surface work and drilling.

Drilling has revealed that the mineralized bodies are generally dipping north at an angle of about 50

degrees, indicating a potential relationship between the Victoria West target area and the LaLonde

target area approximately 3 km to the north. The mineralized material intersected by the drill is visually

identical to the material observed on surface at LaLonde. This observation will require follow up work.

The Victoria West Target drill program continues, planned to be 16 holes in 3500m. Samples have been

selected from the four holes completed to date, split and delivered to the lab for assaying. Results will

be released once available.

Suite 269 – 1099 Kingston Road

Pickering ON L1V 1B5

www.renforthresources.com

Victoria West Target Drilling Completed to Date

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

E: [email protected]

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

Follow Renforth on Facebook, LinkedIn and Instagram!

About Renforth

Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the

Canadian Malartic mine, with 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. A 15,569m drill program 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 plann ed 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 03/15/21), 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 id entified 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 managem ent. 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.