Renforth Reports on Pegmatites at Surimeau, Sedimentary Lithium Mineralization
January 24, 2023 CSE: RFR
For Immediate Release OTCQB: RFHRF
Renforth Reports on Pegmatites at Surimeau, Sedimentary Lithium Mineralization
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) would like to
offer shareholders an update on the status of exploration at Surimeau for pegmatites, lithium and rare -earth
elements.
Due to our focus on the more advanced, by both Renforth and historically, ~20km Victoria mineralized battery
metals horizon and the ~9km of the longer Lalonde horizon we have looked at to date, we have allocated only a
small amount of our resources to the lithium/rare earths effort.
"Renforth has hardly looked at lithium at Surimeau, mainly because our battery metals systems, mineralized
starting at surface, are the obvious, and the easiest, thing to "explore" and create value for shareholders.
However, we do have pegmatites and they deserve to be properly considered, separately from Victoria and
Lalonde, for not only lithium potential but also rare earth elements potential. So, we have begun that process in
advance of the summer fieldwork season" states Nicole Brewster, President and CEO of Renforth.
In 2022 Renforth only devoted a handful of field days to prospecting for lithium in a limited area, this work was
focused only on the pegmatites mapped by Metals Tech Lithium and noted in the SIGEOM database in the SW
portion of the property. In addition to sampling pegmatites Renforth has concluded, through sampling, that the
Decelles Batholith, which forms the southern portion of Surimeau, is a fertile batholith, which can have an area
of influence of up to 10km, a good portion of Surimeau to the north of the batholith. As a result, Renforth
considers most of the property prospective for pegmatites, pegmatites have been noted as far north as Victoria
and Lalonde.
Only the area west of the Rapid 7 road and south of the Victoria mineralization was prospected, with accessible
pegmatites and granites (issues with snow, water, and lack of trails) visited and sampled. Sampling resulted in
elevated lithium, caesium, rubidium, and tantalum at various locations, generally within the sediments near to
or in contact with pegmatites. This could be interpreted as either a "halo" effect due to the mobility of various
elements, or indicative of the presence of an unseen lithium bearing pegmatite. All of the documented
pegmatites were visited and sampled, though this work covers only a small percentage of the prospective
ground, "new" pegmatites were also found and sampled. All samples taken were grab samples, there was
limited assaying for rare earth elements performed, Renforth has since concluded that any future work with
respect to lithium should include this. Assay values returned range for each element as follows, for lithium
background up to 800ppm (a re-assay of a sample which originally assayed 410 ppm), for caesium from
background up to 169ppm, rubidium from background up to 1170ppm and tantalum from background up to
149.5ppm. Not only are grab samples, by their nature, not reflective of the whole, Renforth is confident that the
exploration work we did do is not comprehensive, it was only designed as initial prospecting. Summer 2022
ended up being focused on the surface battery metals (Ni, Co, Cu, Zn and Mo) mineralization found, then
channeled, stripped, and channeled again at Lalonde, finally drilled in December 2022, with no follow up on the
early-stage lithium prospecting.
Unit 1B 955 Brock Road
Pickering ON L1W 2X9
www.renforthresources.com
Pegmatites will be the focus of prospecting for Summer 2023, this will include searching for more "new"
pegmatites, along with mapping and sampling of known pegmatites and the sediments in proximity. Currently ,
Renforth has commissioned a lithium targeting report to be generated by spectral analysis of available sa tellite
data, this can be done during winter conditions. In addition, we are consulting with experts in exploration
techniques for lithium and rare earth pegmatites in order to develop a comprehensive exploration plan for
Surimeau using best practices and the latest knowledge available.
The map above shows the Decelles Batholith, which forms the southern portion of the map, with the Pontiac
sediments to the north, as well as a 10km prospective zone north of the batholith where there is potential for
Li-bearing pegmatite dykes, this zone covers most of the property. Prospecting tracks to date (both battery
metals and lithium) are shown as white lines, showing property coverage.
Lalonde and Victoria Update
Renforth is now receiving, in no particular order, assay results from the December 2022 drill program at Lalonde
and Victoria. Results will be publicly released once complete. Renforth has submitted permit applications for
Surimeau, specifically for the very western end of the Victoria horizon. Upon receipt of permits drilling will be
announced.
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
#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 historic 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 177,0 00 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 t o 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.