PICKERING, Ontario - Renforth Resources Inc. (CSE: RFR) (OTC: RFHRF) (FSE: 9RR) ('Renforth' or the 'Company'), is pleased to advise shareholders of positive surface gold results obtained from recent prospecting at our wholly owned Parbec Gold Deposit Project in Malartic, Qc., extending a gold bearing channel on top of the 2025 MRE resource outline to 12m at a gold grade of 1.43 g/t on surface.
This stage of work does not require intensive permitting or resource mobilization for Renforth. It is planned as part of several programs to come aimed at improving the surface potential of the deposit. The actual channeling program is preparatory to a larger scale data acquisition and evaluation of possibilities to expand the 2025 MRE resource to the bedrock surface.
Our Parbec deposit is located on the Cadillac - Larder Lake Fault, contiguous to Canada's largest open pit gold mine, the Canadian Malartic Mine. The property is already connected by an all season road to the Malartic Mine Mill, which is located about 5km to the east. The Parbec deposit is also directly on strike of the former East Amphi Mine, which forms the western end of the Canadian Malartic Mine property.
Prospecting in May/June targeted the south side of the CLLF where it interacts with the Pontiac sediments, including the area of the 'Diorite Splay', interpreted as a splitting of the Pontiac contact possibly explained as a fold remnant. This intrusive complex in association with other porphyritic intrusions of varied composition is common in the Malartic camp and hosts historical mineralized zones.
Assay results referred to in this press release were obtained by the cutting of channels in the field, with the samples bagged, tagged and securely sealed. They were then hand delivered to MSA Laboratories of Val d'Or Quebec where the samples underwent gamma ray analysis for gold by photon assay instrument and 4-acid digestion ICP-MS finish (ultratrace) for 48 element analysis.
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.
Contact:
Nicole Brewster
Tel: 416-818-1393
Email: Nicole@RenforthResources.com
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