OTCQB : RFRHRF

Discussion in 'Penny Stocks' started by Rickydi, Feb 23, 2021.

  1. Rickydi

    Rickydi Member

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    Renforth Resources Inc (CSE:RFR) (OTCPINK:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive the group has reported results from the first hole of its 2021 program at the company's flagship Parbec open pit gold deposit in Quebec. Brewster says the hole was a successful "twin" of another hole, supporting 1993 data, whose results were not used in last year's resource estimate. Brewster says the Parbec drill program was designed to fill in gaps within the existing deposit model, to test for the downdip extension of mineralized zones and to twin holes drilled between 1986 and 1993 to allow the assay results from those 62 holes to be used in the 2021 resource estimate, which is expected to be completed in June or July this year.

     
  2. Rickydi

    Rickydi Member

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    Renforth drills 18.75 m of 4.59 g/t Au at Parbec

    2021-05-18 09:16 ET - News Release

    Ms. Nicole Brewster reports

    RENFORTH INTERSECTS 4.59 G/T GOLD OVER 18.75M, INCLUDING 8.73 G/T GOLD OVER 7.15M

    Renforth Resources Inc. has updated shareholders on the results of PAR-21-117, the first hole drilled in 2021, intersecting new gold mineralization, in particular 18.75 metres of 4.59 grams per tonne gold, at a vertical depth of approximately 200 m. This occurs at a place within the resource model where, prior to the recently completed 15,569m program, there was only one drill hole which was collared further to the north, failing to intersect most of the Cadillac Break, in addition, the values obtained in PAR-86-01 were not used in the Parbec May 2020 Open Pit Constrained Resource Estimate.

    As can be seen in the section below there were 3 holes drilled in the recent program in this area, results are still outstanding for the first 148m of PAR-21-127 and for all of PAR-21-142.

    The mineralized zone in PAR-21-127 was intersected in the lower drill hole PAR-20-106 but it was of a lower grade. Renforth interprets this to mean that the structural zone continues, though the grade varies. The mineralization seen at a shallower depth in PAR-20-106 may also occur in PAR-21-127, however, the first 148m of PAR-21-127 have not been received.

    PAR-21-127 Assay Highlights

    Drillhole From (m) To (m) Length (m) Gold (g/t)

    PAR-21-127 93.5 148 Assays Pending

    PAR-21-127 158.9 160.2 1.3 1.81

    PAR-21-127 213 214.5 1.5 0.73

    PAR-21-127 260.5 279.25 18.75 4.59

    including 265.55 272.7 7.15 8.73

    which includes 269.5 272.7 3.2 8.11

    and also includes 265.55 266.8 1.25 15.76

    PAR-21-127 278.9 279.25 0.35 2.79

    PAR-21-127 284.15 287.75 3.6 0.96


    *assay results presented above are as measured in the core

    box and 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 (greater than 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

    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 results 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 ~$5 million in cash and securities on hand (*as at 05/14/21), in addition to the gold contained in our gold deposit.

    We seek Safe Harbor.

    © 2021 Canjex Publishing Ltd. All rights reserved.
     
  3. Rickydi

    Rickydi Member

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    With all recent news and news to come the stock is doing very well
    Chartist and research reports rate RFR as a strong buy
    Trend is up
    New high soon
     
  4. Rickydi

    Rickydi Member

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    Investor Relations Contact
    Nicole Brewster, President & CEO 1-416-818-1393
    [email protected]
     
  5. Rickydi

    Rickydi Member

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    Renforth Resources Inc (CSE:RFR) (OTCMKTS:RFHRF) CEO Nicole Brewster tells Proactive the group has revealed more favorable drill results from its Parbec open pit gold deposit in Quebec, including an intercept of 7 meters at 7.11 grams per ton (g/t) gold in one hole. Brewster says the company's 2020/21 drill program at Parbec was designed to fill in gaps within the existing deposit model, to test for the downdip extension of mineralized zones and to twin holes drilled between 1986 and 1993. This is to allow assays from those 62 holes to be used in a 2021 resource estimate, which is expected to be completed in June or July this year.

     
  6. Rickydi

    Rickydi Member

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    Renforth Resources Investor Presentation | #GMS2021 - May 20, 2021 - 1:40pm Nicole Brewster, CEO, Renforth Resources
    Interview from Northen Miner

     

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