Renforth Resources inc.

Discussion in 'Canadian Stocks Message Boards' started by Rickydi, Feb 18, 2021.

  1. Rickydi

    Rickydi Active Member

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    CSE: RFR
    https://www.thecse.com/en/listings/mining/renforth-resources-inc

    FULLY FUNDED and ASSET RICH (Gold, Copper, Nickel, Zinc)

    3 properties in the Malartic camp


    Parbec, Surimeau, Malartic West all 3 properties are contiguous to the Canadian Malartic Mine.

    FLAGSHIP PARBEC

    Quebec Open Pit 43-101 Gold Deposit

    Contiguous to Canadian Malartic, Canada’s Largest Gold Mine.

    Current 43-101 Au resource is 281,800 ounces.

    9,644m Phase One infill and twin Drill Program Complete results pending
    5,366m drilling Phase 2 started Feb 2021
    Au resource recalculation Q2 2021


    Surimeau District Scale Battery Metals Prospect

    Renforth’s drilling and surface sampling within the 215 sq. Km Surimeau property resulted in the discovery of a district scale VMS nickel/copper/zinc system on surface and to shallow depths over ~5km in the western end of the central Surimeau anomaly.

    Malartic West

    Known to host gold recent exploration at Malartic West discovered Copper and silver mineralization on surface.

    Nixon-Bartleman

    Gold is present on surface over 500m of strike on the Porcupine-Destor fault, ~8km SW of and on strike to the Timmins West and Bell Creek mines.

    https://www.barchart.com/stocks/quotes/RFR.CN/opinion

    Barchart Technical Opinion
    STRONG BUY

    The Barchart Technical Opinion rating is a 72% Buy with a Strengthening short term outlook on maintaining the current direction.

    Long term indicators fully support a continuation of the trend.
     
  2. Small time investor

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    While this all looks good, my concern is that they are not actually mining, only exploring. They cannot produce a profit except by selling the properties and usually the top management reap the rewards, not so much the shareholders. Maybe in a few years they will have something.
     
  3. Rickydi

    Rickydi Active Member

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    Everything you need to know in 18 minutes

     
  4. Rickydi

    Rickydi Active Member

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  5. Rickydi

    Rickydi Active Member

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    RFR has an history of building a deposit and selling it
    New Alger was sold to RDS.V
    Denain-Pershing was optionned by O3 Mining (Osisko boys)

    Now Parbec open pit with 43-101 281,000 ounces of gold + 15,000m of infill and twin drilling.
    10,000m of core were sent to th lab. in december 2020
    The key element everybody miss is that the historical resources at Parbec was 550,000 ounces of gold
    With the twinning this historical resource will become 43-101
    The other key is that Canadian Malartic Mine will do a transition from open pit to underground with the Odissey project (1.4B to invest and ready in 2024. CMM will need to buy ore to keep his mill running
    Closest property PARBEC
     
    Stocks and Crypto likes this.
  6. Rickydi

    Rickydi Active Member

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    latest video from cruxinvestor.com
    Interview with Nicole Brewster, President & CEO of Renforth Resources (CSE:RFR) If you want our take on this interview and Renforth Resources, go to https://cruxinvestor.com/club Renforth Resources, holds an open-pit gold deposit in Parbec and a district-scale battery metals discovery in Surimeau, both located near Malartic, Quebec, along with several other mineralized properties. - Introduction 1:49 - Press Release: Shifting from Gold to Nickel? 3:29 - Appointment of Dr. James Franklin as Principal Technical Advisor 4:48 - Means of Financing it All 6:12 - Options for Driving Value Growth: Parbec Drill Program Update 11:47 - What's Next for Renforth Resources? Company page: https://renforthresources.com/

    Renforth Resources (RFR) - Playing The Gold Game & Now Nickel with a 5 km strike discovery

     
  7. Rickydi

    Rickydi Active Member

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    Proactive Investors
    www.proactiveinvestors.com interview with CE)

    Renforth Resources Inc. (CSE:RFR) (OTCQB:RFHRF) CEO Nicole Brewster talks to Proactive about how the group is seeing progress at both its gold-focused and nickel-focused projects. Bewster says while the group continues drilling, and awaits assays from its Parbec gold project in northwestern Quebec, the exploration company is planning a 3500-4000 meter drill program at nickel-focused Surimeau property.


    https://youtu.be/chTtbrnoZ4E
     
  8. Rickydi

    Rickydi Active Member

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    PR update from Renforth Res.

    https://www.stockwatch.com/News/Item?C:RFR&bid=Z-C:RFR-3042619

    2021-03-04 08:01 ET - News Release

    PICKERING, ON / ACCESSWIRE / March 4, 2021 / Renforth Resources Inc. (CSE:RFR)(OTCQB:RFHRF)(FSE:9RR) ("Renforth" or the "Company") is pleased to shareholders the following current operational update;

    • Drilling at Parbec has exceeded 3500m in 13 drill holes, this program commenced Feb 5th, a prodigious production level which reflects the professionalism and hard work our drilling and geological contractors put in on a daily basis, drilling is ongoing.
    • 7 of these holes successfully twinned historic 1980 and 1990 drill holes from the collar, samples have been selected, split and sent to the lab. Geologically the new and historic holes correlate, lab results are required for assay correlation.
    • Surimeau drill program has been planned to consist of 15 holes in 3600m over a strike length of 3kms of historic mineralization, confirmed by Renforth's surface sampling to contain sulphide nickel. More complete program details will follow.
    • The drill permit application and field reconnaissance for drill access and chipping is underway.
    • Assays for 22 holes completed in 2020 at Parbec, along with the current 13 drillholes are outstanding. Renforth has received partial results for several of these holes. Upon receipt of either an entire hole, or the constraint of a mineralized intersection, Renforth will release results to shareholders in as timely a fashion as possible.
    • Renforth will be participating in PDAC 2021 with a virtual booth, this booth will include project information and recent interviews completed with several marketing groups, also available on Renforth's website under "Corporate Presentation/Appearances"
     
  9. Rickydi

    Rickydi Active Member

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  10. Rickydi

    Rickydi Active Member

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    Important News from Renforth Resources Inc.

    Use this link to read the entire NR:
    https://www.stockwatch.com/News/Item/Z-C!RFR-3044647/C/RFR

    2021-03-09 08:13 ET - News Release Summary

    RENFORTH DRILLS 21.45M OF 5.57 G/T AU AT WHOLLY OWNED PARBEC OPEN PIT GOLD DEPOSIT

    Renforth Resources Inc. has provided Parbec 2020 drill results to shareholders, including a highlight from PAR-20-112 of 21.45 metres grading 5.57 grams per tonne Au from 254.8 m to 276.25 m as measured in the core box. This includes a sub-interval of 6.27 g/t Au over 16.7m, which also includes 37.3 g/t Au over 1m, as presented below.

    As seen in the cross section of this interval represents new mineralization.

    There are still 20 drill holes from the 2020 program remaining to be reported on. The ongoing 2021 drill program at Parbec has completed 4095m of drilling as of March 8, 2021 in 15 holes, samples have been selected and submitted for assay, results for these drill holes are also awaited.

    Above is section 5225NW which has both PAR-20-110 and PAR-20-111 on section, with mineralized interviews demonstrating vertical continuity both outside and within the May 2020 open pit. The. Therefore, the new data from the 2020 drilling will have a positive impact during the upcoming resource recalculation at Parbec.

    On Section 5125NW PAR-20-113 shows duplication of mineralization as compared to PAR-93-55 in close proximity. Again, the assay values in PAR-20-113 will have a positive impact during the future resource estimate recalculation, as the assay values from the 1993 drill hole were not used in the current May 2020 resource estimate calculation. PAR-20-113 also offers vertical continuity as compared to the deeper drill hole, PAR-17-67, which gave a mineralized interval of 26.5m assaying 0.65 g/t Au near the end of that hole, in line with PAR-20-113 which gave 3.9m of 1.19 g/t Au near the end of the hole.

    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

    SURIMEAU

    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.


    MALARTIC WEST

    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 ~$6.3 million in cash and securities on hand (*as at 03/03/21), in addition to the gold contained in our gold deposit.7
     
  11. Rickydi

    Rickydi Active Member

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    Investment Pitch Media:

    RECENT HEADLINE :


    RENFORTH DRILLS 21.45M OF 5.57 G/T AU AT WHOLLY OWNED PARBEC OPEN PIT GOLD DEPOSIT

    https://www.barchart.com/stocks/quotes/RFR.CN/opinion

    Overall Average:
    Mach 12: Barchart Technical Opinion STRONG BUY

    The Barchart Technical Opinion rating is a 80% Buy with a Strengthening short term outlook on maintaining the current direction.

    Long term indicators fully support a continuation of the trend.


    Barchart Technical Opinion rating March11: 72%BUY

    with a Strengthening short term outlook on maintaining the current direction.


    Barchart Technical Opinion rating Last Week: 8%BUY

    20 - Day Average Volume: 604,117 Average: 100% BUY

    100 - Day Average Volume: 468,281 Average: 100% BUY
     
  12. Rickydi

    Rickydi Active Member

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  13. Rickydi

    Rickydi Active Member

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  14. Rickydi

    Rickydi Active Member

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    Renforth Resources begins trading on OTCQB market

    2021-03-16 10:43 ET - News Release


    Ms. Nicole Brewster reports

    RENFORTH COMMENCES TRADING ON THE OTCQB VENTURE MARKET

    Renforth Resources Inc.'s shares are now listed to trade on the OTCQB Venture Market in the United States, under the symbol RFHRF. This is in addition to its listing on the Canadian Securities Exchange, with the symbol RFR, and Frankfurt, with the symbol 9RR.

    At this time Renforth would also like to offer shareholders the following field updates.

    Parbec -- as of March 15, 2021, a total of 20 drill holes have been completed, with one hole continuing, in 5,235 metres of drilling completed since the start of this phase of the drill program on Feb. 5, 2021. The overall metres drilled to date in this program is 14,879, with one hole remaining to be drilled. Assays are outstanding for 20 holes drilled in 2020, along with all holes drilled in 2021. Upon receipt of all of this assay data the geological model will be rebuilt for Parbec and the resource estimate restated.

    Surimeau -- Renforth has permitted this drill program and commenced the required chipping. It is anticipated that the drill will commence mobilization to Surimeau this weekend, after completion of the Parbec drill program. Renforth plans to drill 3,550 m at Surimeau, in 16 drill holes.

    Technical disclosure in this press release has been reviewed and approved by Francis R. Newton, PGeo (OGQ No. 2129), a qualified person pursuant to NI 43-101

    About Renforth Resources Inc.

    Renforth holds the Parbec open pit constrained gold deposit in Malartic, Que., contiguous to the Canadian Malartic mine, with 104,000 indicated ounces of gold at a grade of 1.78 grams per tonne gold and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au.

    We seek Safe Harbor.

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

    Rickydi Active Member

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    RFR is doing lot of work on its flagship Parbec located on the cadillac break contiguous to Canadian Malartic Mine,

    Parbec is an open pit gold property.Historical gold resource is 550K ounces located mainly outside of the open pit. Renforth has been doing some twinning to add this resource to the 43-101.

    Current resource is 280K ounces of gold.

    RFR is completing a drilling program started late 2020. Only a few assays were reported and assays for 20 holes are still pending.

    This mroning the company issue a PR stating they just dicovered a new zone.

    CEO wrote .....is pleased to announce the discovery of a new gold mineralization zone at Parbec, located in the Pontiac sediments, south of the Cadillac Break, outside of the existing resource model.

    Hole PAR-20-105 had grades from 5.34 to 15.8g/t. This discovery is located in a large magnetic anomaly requiring futher investigation.

    Put this symbol on your radar: CDE : RFR OTCQB: RFHRF

    On the canadian symbol you can see bids for 1.2 million shares + at 0.065

    Renforth porfolio of properties have excellent exposure to Au, Ag, Cu, Ni
     
  16. Rickydi

    Rickydi Active Member

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    Several analysts talk about base metal bullmarket
    Renforth CEO talk about nickel on video
     
  17. Rickydi

    Rickydi Active Member

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    https://www.barchart.com/stocks/quotes/RFR.CN/overview Today Renforth is 96% buy

    Barchart Technical Opinion
    STRONG BUY

    The Barchart Technical Opinion rating is a 96% Buy with a Strengthening short term outlook on maintaining the current direction.

    Long term indicators fully support a continuation of the trend.

    Short Term Indicators

    20 - Day Average Volume: 479,387

    Average: 100% BUY


    Medium Term Indicators

    50 - Day Average Volume: 534,915

    Average: 100% BUY


    Long Term Indicators

    100 - Day Average Volume: 466,796

    Average: 100% BUY
     
  18. Rickydi

    Rickydi Active Member

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    Current barchart rating https://www.barchart.com/stocks/quotes/RFR.CN/overview 96% BUY
     
  19. Rickydi

    Rickydi Active Member

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    Renforth is listed on CSE symbol RFR
    www.thecse.com offer level 2 quotes FREE
    - Depth display by order with brokers being identified
    -Depth display by price
    -Last trades up to 25
     
  20. Rickydi

    Rickydi Active Member

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    Last 30 trading days RFR traded over 3 million shares
    The stock went to stronger hands
    Most core from Parbec are still in the labDrilling at Surimeau is moving forward
    RFR. RFHRF have the right combo Gold Silver Copper Nickel and still have 7 million $ to do the work
    Join us
     

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