https://www.thecse.com/en/listings/mining/renforth-resources-inc Bid Size…906,000 …Bid Price…0.03 …Ask Price…0.035 …Ask Size….314,000
Invercio | Renforth Resources: The beginning of the mining market Nicole Brewster from Renforth resources shares with us the process of making mining explorations and all the hard work involved
National Bank is the major seller @ 0.04 This is an independant broket using N,B network for the trading N.B attacted other sellers and now there is a wall to climb. TSX.V in a down trend is not helping. Those with some patience will benefit from the parbec 43-101 update @ current level you could be in for a 5X gain
New market awareness program starting today Surimeau 330KM² District scale discoveries Surimeau value per share: Based on comparative analysis of junior battery metals companies in the exploration- developmental phase, a mid-first quartile price-to-book (P/B) ratio of 7.6 indicates a share price target of US$0.08 The free bonus: The Parbec Gold Project is on track to have an updated NI 43-101 Mineral Resource Estimate that will significantly increase the company’s gold resource. Thereafter, management is highly motivated to monetize the Parbec Project in order to progress toward proving up the districtscale polymetallic Surimeau Property. At the Parbec Project, management initiated a structural study in order to identify the controls on the magnetic diorite that hosts gold. Renforth has assembled a geologist team to compile and analyze all relevant data, including the most recent assay results from the 15,569m drilling campaign completed in 2021. Once the study has been completed and followed up with additional targeted exploration, an updated Resource Estimate is expected.
https://renforthresources.com/wp-content/uploads/2022/08/RFR-August-2022-PPT.pdf Latest corporate presentation
Ralston Research report suggest 8 cents US value for Surimeau It would be fair to say that Parbec is worth 5 cents US per share Here we have a total of 13 cents US for both properties 13 cents US = 17 cents Canadian Current market is 3.5 cents Canadian
It's looking good. However, if they sell Parbec and use the money to further explore Surimeau then the expectation is that Surimeau should end up worth at least as much as the current value of both properties. It will probably take more time to sell Surimeau while exploration continues. My guess is that it will take another two years to update the Surimeau value. Then they have to find a miner to buy it.
Selling Parbec is not yet done but sure Agnico and Canadian Malartic have both eyes on it Sale price of ???25-30-35 million $???? will finance all exploration on Surimeau ....Surface sampling, trenches, and drill Right now potential buyers let RFR to take all risks but when you have surface anomalies running on several KM trigger a lot of interest. Parbec value per share was said to be 0.19¢ Surimeau had an 0.08 cents U.S.or 0.11 ¢ Canadian (according to Zack report) Cut it in half .....0.15¢ Mkt still O.035¢ Looks like a buy
CEO Comments: I thought I would do something different and send you a note with some updates..... There are several things I can share, which may be of interest, which do not really warrant a press release on their own, or even collectively. So, please, read on. If you have questions hit reply and you will get me (lucky you). Also - as usual, this stuff is not impartial, it is largely my opinion based outlook. I am not a financial advisor, nor a lawyer, and you should ALWAYS do your own due diligence. There, the awkward bit is out of the way now, let's have some fun. Why have we not put out assays from our summer work yet? Very good question that is...so, the lab, which was to give us results from our June/July work the end of last month, the rest the end of this month, instead gave us the happy news that all of our work was held up due to an internal equipment issue affecting the grab samples we took exploring for lithium. Those samples cannot be processed by the lab. So they pretty much got nothing done, nor did they think to reach out to us. They are now working on the nickel samples, the lithium we will be sending elsewhere, once we get an answer as to where the samples actually are now. Clearly it is a process - the good news? The mineralization can be seen and our guys use an XRF in the field (it is a handheld Xray Fluorescence tool) which gives us indicative data, so we know we have the right stuff, just not how much. But - we can move on to our next step. Which we will announce soon. Why are we doing this possibly less exciting surface work, instead of drilling? Well, there are a few answers to that - the first is - well - because it works. We have sampled outcrop along the 20km and the 9km mineralized strike at Victoria and Lalonde respectively, proving that the structures are there. Very cost effectively. And our geologists are seeing the ground, mapping and learning as they go, in a hands on way. We cannot do this work in the winter (for the obvious reasons), whereas we can drill literally year round, so drilling can wait right now. Our mineralized surface samples will come into play down the road, when a resource is calculated. It worked at New Alger, our surface channels which we drilled under and got mineralization - they became indicated ounces. We have done the same thing at Victoria where we stripped 275m, channeled it, then drilled under it and continued the battery metals down dip. Stay tuned. Here is a different question I get asked - Will We Miss Out? - this comes from a market, or in fact our society, sensitized to constant urgency and instantaneous news, things flash by and are yesterday's news, well, I would say before the ink dries but who uses ink anymore? Exploration geology is science, and not a fast moving one. Mother Nature took her time, the labs are definitely taking their time....and we have tons of work to do. In a logical manner. I am not drilling for press releases, instead, when we drill, it will be to move towards our goal of a maiden resource on our battery metals discovery. I can't tell you when that will come, but when it does the foundation of science and data the resource is built on will be rock solid. Everything we do, every dollar we spend in the field, moves us along the path to that goal. And, frankly, the energy storage challenge is going to take a heckuva a lot of metal to meet, it is a global challenge, it will transcend instant gratification and, I feel, will instead prove to be a defining, generational opportunity and pivot. We are not in a mining cycle yet, we have not seen the long forecast M&A happening down the value (cap) chain yet, and personally I am not even sure it will be the mining companies that fuel acquisitions - they are typically very anti-change and leviathan like. Mr. Musk's metals bill for his batteries has gone up (see graph below), I half think he is going to be buying mines sooner than later, if not him another auto or battery manufacturer in order to vertically integrate, eliminate supply and price risk. We shall see. Recently I was at a conference in Spokane, supporting our US listing with some regional marketing. For that I created a short and sweet deck, with some timely quotes in it. It is now on our website, you can check it out with the button below. RFR August Presentation on website We did some video work with Invercio, Here is one with me....a bit long, but you get a good look at the Victoria stripping! Zack's research updated their coverage of Renforth. It is on our Yahoo page, it is also linked to the button below Zack's Research https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_08312022_RFHRF_Ralston.pdf Bottom line is we are still here, doing our thing, building value cost-effectively at Surimeau, while the world turns and the need for metals doesn't go away. We are happy to have the opportunity to build Surimeau into the coming battery metals deficit market. Our location, in Quebec, with road access and hydro-electric power lines is superb, the fact our mineralization starts on surface reduces future mining costs drastically, our large land position gives us the real estate you need to build an open pit. We are in the exciting days of defining the size of Victoria and Lalonde, we do not know what numbers the next sample will bring, but they will only add to our project. I will leave you with a graphic out on twitter today from Benchmark Mineral Intelligence, below that is linked a quick chat I had with an editor that appeared in their Quarterly for members, followed by a graphic by Eurometaux, the EU voice for non-ferrous metals producers and recyclers. Thanks for your time, enjoy September! Oh - if you are in Calgary for the Redefining Electric Metals Conference stop by and say hi, or let me know you are around! Copyright © *2022 Renforth Resources, All rights reserved. Our mailing address is: Unit 1b 955 Brock Road, Pickering ON, L1W 2X9 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.
Renforth Resources (RFR) - Technical Analysis & Due Diligence Renforth Resources Inc. is a Canada-based gold exploration company. The Company’s owns surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada. It holds the Parbec Property in the Malartic gold camp, with gold present at surface and to some depth, located on the Cadillac Break, contiguous to the East Amphi portion of the Canadian Malartic Mine property. It owns the Surimeau property, also contiguous to Canadian Malartic and the southern border of the Malartic West property. Surimeau hosts polymetallic mineralization. It also holds Malartic West property that covers approximately 53 square kilometers (km) and located within the Pontiac Sediments. Its Nixon-Bartleman project is located in the West Timmins Mining Area, in the western part of the Porcupine Mining Camp.
PRESS RELEASE September 14, 2022 CN: RFR OTCQB: RFHRF FSE: 9RR Renforth Resumes Field Work on Lalonde Battery Minerals Structure in Quebec Complete PR available at: https://www.thenewswire.com/press-releases?id=1LymFNmXa
The Prize Comes to Those Who Work for It - Nicole Brewster is Talking Hidden Treasures On this episode of Talking Hidden Treasures we spoke with Nicole Brewster, President and CEO of Renforth Resources. Hear about her love of being a “Sherlock Holmes with rocks” at Surimeau, Quebec’s newest battery metal district, the importance of precious and base metals, and what appeals to her the most about being a professional treasure hunter. 00:00 – Intro 00:52 – What made Nicole Brewster a treasure hunter? 02:59 – Importance of precious metals 05:35 – Treasure hunting in Quebec 10:45 – Surimeau District Project: Nickel backed by gold 16:23 – Current day activities at Surimeau 20:35 – Treasure hunting with Renforth Resources 27:35 – How to follow Renforth Resources
(CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) Digging Again! Boots are back on the ground at Surimeau, the hunt continues! CEO update available by clicking on the following link: https://mailchi.mp/40ac7c2b0e10/back-at-it-following-clues-to-themetals-we-have-in-quebec
Renforth Resources Resumes Field Work on Lalonde Battery Minerals Structure We’re quite excited to see what this package looks like once it’s uncovered” says Nicole Brewster, President and CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF) as they resume field work on Lalonde battery minerals structure in Quebec. #BatteryMetals#exploration#electricvehicles#mining #CEO #EVrevolution 330sqkm²
New PR https://www.stockwatch.com/News/Item/Z-C!RFR-3308894/C/RFR Renforth Grab Samples 0.71% Ni from Unexplored Area of ~20km Victoria Mineralized Structure 2022-09-26 07:01 ET - News Release New outcrop mineralization discovered east of road, near centre of ~20km Victoria structure, highest grab sample result 0.71% Ni in albitized ultramafic with sulfides Discovery of second band of mineralization north of previous drilling at Victoria Lalonde delivered consistent elevated values including 0.33% Ni in grab samples from mineralized horizon currently being stripped September 26, 2022 - TheNewswire - Pickering, Ontario - Renforth Resources Inc. (CSE:RFR) (OT C: RFHRF) (FSE:9RR) ("Renforth" or the "Company") is pleased to deliver to shareholders results from prospecting targeting the polymetallic intrusive mineralization at Surimeau during May-July 2022. These results include 0.71% Ni in a grab sample from a previously unexplored area of central Victoria (east of the Rapide 7 road) and two assay results of 0.32% Ni in two separate grab samples obtained within the current stripping area at Lalonde west (west of the Rapide 7 road). Grab samples are preferentially selected and not representative of the entirety of a structure. In the case of Lalonde west follow up work consisting of stripping a wide band perpendicular (north/south) to the mineralized Lalonde structure (which runs east/west), followed by channel sampling, is ongoing as previously announced. In the case of central Victoria additional prospecting will be undertaken this fall. "These initial results validate the extent of surface mineralization on our Surimeau District Property. Our current interpretation is two separate polymetallic mineralized systems essentially running east/west, outcropping on surface, with lengths of ~20kms at Victoria and currently ~9km at Lalonde, the latter is still open on strike and unexplored. West of the Rapide 7 road the two horizons are separated north/south by ~3.7km. Copper and Zinc mineralization is hosted in a thick sequence of greywacke with graphitic mudstone interlayers while Nickel and Cobalt mineralization is hosted within ultramafic flows. The best mineralization is often found within and around sheared, albite altered, and calc-silicate altered ultramafics the sedimentary contact. We continue to learn more about this property with ongoing exploration to determine the extent and surface grade of the mineralization. We intend to drill at Victoria west this winter, building on the drilled mineralized package as deep as 180m with an ~125m package width over the ~2.2km we have drilled. We will also likely drill Lalonde west of the road for the first time. Our grab samples reflect the consistent presence of polymetallic mineralization with a wide range of grades, clearly there is with more work required, which we will do" states Nicole Brewster, President and CEO of Renforth. 2022 Prospecting Results Summarized This press release reports on prospecting results obtained from the Victoria and Lalonde trends during the 2022 season, prior to trenching. Work to date leads Renforth to conclude that the Victoria and Lalonde are of similar mineralization environments, interpreting the geological setting as being a type of hybrid volcanogenic massive sulfide (VMS) and mono-sulfide solid solution (MMS) system where there was interaction between intruding Nickel enriched ultramafic magmas and sulfide-enriched sedimentary material leading to the formation of nickel mineralization alongside anomalous zinc and copper from any assimilated VMS systems. Following this prospecting work, a channel cutting program was carried out (results pending). Currently, the property has been chipped and stripped with channel cutting ongoing at Lalonde. Renforth's geologists will map and sample the newly stripped areas subsequent to a field break allowing the local community uninterrupted access for hunting. The results of the prospecting work highlighted below demonstrated to Renforth the consistent presence of some amount of polymetallic (Nickel, Cobalt, Copper and Zinc) mineralization throughout each system and support the continued exploration of the property in order to determine the size and extent of the occurrences. Victoria East and West Prospecting Result Highlights available @: https://www.thenewswire.com/press-r...a-of-20km-victoria-mineralized-structure.html For further information please contact: Renforth Resources Inc. Nicole Brewster President and Chief Executive Officer C:416-818-1393 E: [email protected]
DIGGING DEEPER: Nicole Brewster (President & CEO), Renforth Resources TODAY @ 12 h 00 EST ON YOUTUBE The Market Mindset On today's episode of Digging Deeper, Andrew O'Donnell catches up with: Nicole Brewster (President & CEO), Renforth ...
https://youtu.be/L0BX1izeF7U DIGGING DEEPER: Nicole Brewster (President & CEO), Renforth Resources On today's episode of Digging Deeper, Andrew O'Donnell catches up with: Nicole Brewster (President & CEO), Renforth Resources https://renforthresources.com/ Renforth Resources Inc. is engaged in developing its’ wholly owned 330 km2 Surimeau District Project, Quebec’s newest polymetallic battery minerals system with several areas of mineralization, including the nickel, cobalt, copper and zinc mineralized Victoria structure. Victoria boasts ~20km of strike with surface mineralization and limited drilling, road access and hydroelectric power. Nearby Renforth also holds Parbec, a gold deposit with an obsolete 2020 MRE, beside Canada’s largest open pit gold mine, which is undergoing a model update after the last round of successful drilling to expand the deposit. Renforth Resources Inc. is headquartered in Pickering, ON, Canada. Digging Deeper with Andrew O’Donnell is brought to you by The Market Mindset and Red Cloud Media. themarketmindset.ca redcloudfs.com A livestream conversation presenting key drivers, urgency, and opportunity to investors. We are at a pivotal point in history, a truly important tipping point where the need for metals and minerals is critical to the nature of energy, technology, food, and transportation. Undoubtedly the entire world is going through a transformation, a Great Reset and people must understand that at its very foundation mining is the driver. THE MARKET MINDSET Our goal is to help you feel comfortable stepping into the stock market and are giving you free hot tips every day! WEBSITE themarketmindset.ca
Results! It has been so long.... Surimeau! 0.71% Grab Sample, New Area.... Here we go, prospecting results from this summer! Let me refresh your memory, this has been a while coming. You recall we flew our detailed mag survey earlier this year, along with EM, which gives us targets that represent sulphides detected in the first ~100m below ground. Well, that survey has turned out to be a fantastic, fairly low cost (or effective cost) tool, as previously stated, when our field team can find outcrop at a target (and it is not every time) they find sulphides with some amount of mineralization. That allowed us to interpret the Victoria and Lalonde systems as representing ~20km and ~9km mineralized structures respectively. Well, now we have the assays! As you know, grab samples are just that, a bag with some chunks of rock, a couple pounds perhaps, that tell us what is in the specific spot, and only that. I keep writing the same sorts of things - ie not representative, in press releases and my notes. Why? Well, because, a grab sample only tells you the values of the rock in the bag. Nothing more. But we can use that data to get an idea of the extent of mineralization, and the potential grade. We cannot conclude that, for example, our 0.71% Nickel in an entirely unexplored, by us or anyone else, area towards the middle of Victoria, is going to give that grade through out the structure. But we do now it is there in that spot. If it is there is it anywhere else? Well, time and work will tell. So - when you read about grab samples, or prospecting samples, understand the context of what you are reading. Now that I have thoroughly deflated that balloon and made it clear I am not promoting, and you will do your due diligence as always, let's talk! You saw in the PR we put out on Monday, linked below, that we got some 0.32% Ni grades in the Lalonde area with surface grabs - that was quite interesting to us in the field, and caused us to do some followup small scale trenching/channel cutting (results pending) along with the larger scale stripping/channel cutting (work ongoing). So, stay tuned, but it is interesting. The two structures are pretty close together and both very visible in our mag and EM. What does it mean? What, if anything, does proximity mean? We do not know yet, but we will work to find out. Really these prospecting results serve to highlight, to me at least, two particular things, as follows; 1 - Lalonde is quite interesting and warrants follow up work, with mineralization similar to Victoria, demonstrating geophysical continuity supported by surface samples over the 9km we have had the opportunity to prospect, and open along strike (that means there is more of the anomaly to prospect, we have not done that yet). So work Lalonde we will, we know have a property with two mineralized structures separated by ~3.7 km (at least along the road, Lalonde is on an angle, not as e/w as Victoria), to me this means the scale, and the potential, at Surimeau continues to grow. 2 - We were surprised by the 0.71% Ni grab in the central area of Victoria, it came alongside several other elevated (to various levels) nickel numbers. This area has never been explored, or if it was no record or evidence exists. So this is interesting, as the grade is higher, compared to other samples on the property, as you see from our press releases. We didn't expect that grade. This demonstrates an important (and frustrating) point about Surimeau - we cannot assume that what we are seeing now is where this property will finish. We do not know all there is to know. Yet. A few things won't change, location in Quebec between Rouyn and Val d'Or, beside Canada's largest open pit gold mine, Canadian Malartic, in the under explored Pontiac sediments. Year round road access with regional and national roads, and the power lines from the two hydroelectric generating stations, producing Canada's cheapest electricity, and some of the lowest carbon footprint electricity on the planet, to the south. A rail line. The Horne smelter, an hour away in Rouyn is not going anywhere. The democratic governments of Canada and Quebec are here to stay, as is the rule of clearly documented law in this country. All those things are here for a while. Consider too the macro picture, the need for metals. Who knows what the future holds but it needs metal, a lot of it, from mines that do not exist. Along with everything we know, and have seen form Surimeau to date, we have unknowns, and therein lies the excitement, the risk and the opportunity. As well as the magic of exploration. What will the next results bring? What will they add to the picture, which is slowly becoming clearer, of what Surimeau holds? We will see. But we do know what we know, and that justifies continuing to explore, working to define what we have and paint a clear picture. Press release linked below, in English and French. Before that is linked an interview I did with Market Mindset, a bit different this time. Maybe helpful? I have no idea.... Also - if you are in and around New York next week I will be at the One 2 One show, if you are there and want to meet please look at my schedule and book. All for now, thanks for reading, do your DD and be safe out there Nicole Website https://renforthresources.com/ Press releases English & French https://renforthresources.com/press-releases/ Market Mindset Interview
