I don't think so 1st step is to have all drilling assays out 2nd step is to have the QP to update the NI 43-101 for Parbec with new total Au resource.....potential upto 1,500,000 Au Oz. Step 3 RFR Geo meet with Agnico Geo Step 4 Au ounces X $ per ounce = ??? The key (1) Canadian malartic need the feed for Camflo (2) Parber is 4Km away from Camflo
1st bull run / homerun = PARBEC 4Km away from the Camflo Mill 43-101 resource restatement Potential 1,500,000 Au Oz in an open pit probable selling value 75-80 $/Oz. (5% of current gold price) Potential 1,500,000 X 75$= 112,500,000$ ÷251,296,669= 0.45¢ 2nd bull run / homerun SURIMEAU Major NI and CU structures running on several Km This will be a major major major hit The 3ed baby we all forget Malartic WEST an excellent SILVER play needing sampling and drilling. Will see how it goes
Chris Thompson on the eResearch Initiation Equity Research Report on Renforth Resources (CSE: RFR | OTCQB: RFHRF | FSE: 9RR).
Renforth Resources says its twin hole program at Parbec supports historical assays Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) CEO Nicole Brewster tells Proactive it has successfully completed the final twin hole, with multiple mineralized intervals at its Parbec project in Quebec. Brewster says that one of the intervals included 11.75 metres (m) assaying 3.3 grams per ton (g/t) gold, which also included 1.75m at 15.53 g/t gold. Renforth’s drill program was planned to twin, infill and undercut historic drill holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement. Parbec current 43-101 Au resource 33,592 indicated Oz + 514, 108 Oz Inferred Parbec historical resource 550,000 Au Oz no compliant NI 43-101 Twinning non compliant drill holes with the purpose of doing a restatement of the 43-101
C:RFR - Renforth Resources Inc. - http://www.renforthresources.com Malartic Portfolio https://renforthresources.com/portfolio_page/parbec/ Open Pit 43-101 Gold Deposit Contiguous to Canadian Malartic, Canada’s Largest Gold Mine 15,569m Drill Program Completed Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) CEO Nicole Brewster tells Proactive it has successfully completed the final twin hole, with multiple mineralized intervals at its Parbec project in Quebec. Brewster says that one of the intervals included 11.75 metres (m) assaying 3.3 grams per ton (g/t) gold, which also included 1.75m at 15.53 g/t gold. Renforth’s drill program was planned to twin, infill and undercut historic drill holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement. Surimeau a District battery metal discovery Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive it has completed the four-hole drill program at the 5 km long nickel, copper and zinc mineralized Victoria West target on its wholly-owned Surimeau District battery metals project in Quebec, encountering visible nickel within a vein at a depth of about 139 meters. Brewster says the occurrence is the highest concentration of visible nickel discovered in drilling at Victoria West, following the highest concentration of visible copper intersected to date seen in the first hole of the program. Malartic West Copper & Silver Discovery Wholly owned the Malartic West property covers 53 km² adjacent to the entire western border of the Canadian Malartic Mine property, Canada’s largest open pit gold mine. The Malartic West property is located within the Pontiac Sediments, in some instances within a couple hundred metres of the Cadillac Break, and is known to host gold. Renforth is in the early exploration stage at Malartic West, applying the same techniques which brought discovery success at New Alger and Parbec to this very prospective gold-bearing ground.
Last property in RFR portfolio Nixon-Bartleman 45 km SW of Timmins, only 10 kms SW of Lakeshore’s West Timmins Mine. With gold on surface over 500m of strike, remains open. The property is known to host five gold bearing quartz veins in a structurally complex environment, sitting on the Destor-Porcupine Fault with at least one under-explored cross-cutting fault associated with a gold anomaly. Renforth holds 100% of the Nixon-Bartleman project, consisting of four patents and 15 staked claims over an area of 313Ha, straddling the Porcupine Destor Deformation Zone, in the Porcupine Mining Camp. The property has seen historic drilling with 43 drill holes, assay results include up to 40 g/t gold and intersected a gold-bearing porphyry. There has been no cumulative and comprehensive compilation work done on the property to date, Renforth has a large amount of historic data and will leverage this going forward.
Depth Display By Price RFR / Last Updated: 08:17:19 ET Bid Count.....Bid Size........ Bid Price......Ask Price.......Ask Size.......Ask Count 7.................184,000...........0.075............0.075............10,000............1 5.................158,000...........0.07..............0.08..............10,000............1 4.................61,000.............0.065............0.085............30,000............1 2.................65,000.............0.06..............0.09..............258,000..........5
Nicole Brewster President & CEO of Renforth Resources (CSE: RFR) (OTCQB: RFHRF) joined FTMIG to break down recent news, explain the paths the company is on, and share a general overview and update of what we can expect in the near future. Renforth's Flagship Property, Parbec open-pit gold deposit has had some of the best drill results ever. The plan to double the data in order to expand the resource is at the top of the list for Renforth as they move forward. Nicole also shares an overview of their Surimeau property that easily holds more than 50 km of geophysical anomalies that have never been drilled. The Sulphides are there, and the potential of these projects brings an immense amount of excitement for the future of Renforth Resources. As a Canadian Junior Exploration & Development company with five properties in their portfolio, and a full bank account, Nicole has an ability to paint a very clear picture and share the story of Renforth with ease and confidence that can be appreciated by shareholders and investors alike. We look forward to this story unfolding and hearing more from Nicole and the company.
https://www.stockwatch.com/News/Item/Z-C!RFR-3129712/C/RFR Renforth Drills 9.5m of 4.66 g/t Gold at Wholly Owned Parbec Gold Deposit in Quebec August 24, 2021 – TheNewswire – Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR ) (“Renforth” or the “Company”) is pleased to announce additional positive assay results from the 2021 portion of the >15,000m drilled into the wholly owned Parbec surface gold deposit in Malartic, Quebec, contiguous to the Canadian Malartic Mine. The interval of 9.5m of 4.66 g/t gold included a sub-interval of 1m which assayed 31.2 g/t of gold. This drill program, which consisted of 49 drill holes, was designed to infill gaps within the mineralized model, as well as test several historic holes in order to validate >13,000m of drill data excluded from the May 2020 Mineral Resource Estimate for Parbec and to begin to test the deposit at depth, greater than 75% of the mineralization in the model sits above a depth of 300m. With today’s release there are assay results from 10 drill holes remaining to be received and released once complete. Parbec Assay Results Highlights Parbec 2020/21 Top 10 Drill Intervals The highlight interval reported on today has a metal factor which supports its inclusion in the list of Top 10 Drill intervals for the 2020/21 drill program, as presented below. The highlight sub interval from today’s press release of 31.2 g/t gold over 1m in PAR-21-135 has a metal factor sufficient for inclusion in the overall assay value highlight table for Parbec. Please note it is believed this list is complete with regard to drilling from the 1980s to present, however, it may not be. Surimeau District Project Update Renforth is currently planning a return to the field this Fall on the wholly owned 260 km 2 Surimeau battery metals property, specifically the 5km long Victoria West target, with nickel, copper and zinc sulphides observed on surface and within initial drilling. Renforth intends to, upon receipt of required permits, strip an area of surface mineralization at Victoria West in order to get a better look at the mineralized system between and outside of two areas of existing outcrop. In addition to this Renforth intends to fly a detailed magnetic survey and produce a high-resolution photo-mosaic of Victoria West using drone mounted geophysical equipment. A drone survey is a low impact and cost-effective way to obtain very accurate information with a quick turnaround, this data would be used in the planning of Renforth’s next drilling at Surimeau. 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 (>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 For further information please contact: Renforth Resources Inc. Nicole Brewster President and Chief Executive Officer C:416-818-1393 E: [email protected] 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 polymetallic system, over ~5km of strike in the western end of the 20km central anomaly at Renforth’s wholly owned 260 km 2 Surimeau District Property. 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.
Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF).CEO Nicole Brewster caught up with Proactive to talk through the latest drill results from the 2021 portion of the 15,000 meters drilled at its Parbec surface gold deposit in Quebec. Brewster says the group reported an interval of 9.5m of 4.66 grams per ton (g/t) gold included a sub-interval of 1m which assayed 31.2 g/t of gold. She added with ten more holes to report, there will likely be more good news to come from Parbec.
MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2021 AND JUNE 30, 2020 Parbec Gold Property 5) The pit constrained Au cut-off grade of 0.32 g/t Au was derived from US$1,450/oz Au price, 0.75 US$/C$ exchange rate, 95% process recovery, C$17/t process cost and C$2/t G&A cost. The constraining pit optimization parameters were C$2.50/t mineralized mining cost, $2/t waste mining cost, $1.50/t overburden mining cost and 50 degree pit slopes. Pit constrained total operating cost C$25/t 6) The out of pit Au cut-off grade of 1.44 g/t Au was derived from US$1,450/oz Au price, 0.75 US$/C$ exchange rate, 95% process recovery, C$66/t mining cost, C$17/t process cost and C$2/t G&A cost. The out of pit Mineral Resource grade blocks were quantified above the 1.44 g/t Au cut-off, below the constraining pit shell and within the constraining mineralized wireframes. Additionally, only groups of blocks that exhibited continuity and reasonable potential stope geometry were included. All orphaned blocks and narrow strings of blocks were excluded. The longhole stoping with backfill method was assumed for the out of pit Mineral Resource Estimate calculation.. Out of pit total operating cost C$85/t Surimeau Surimeau District Property Renforth’s Surimeau Property covers 260 km2 , encompassing 6 areas of historic polymetallic mineralization, within one property for the first time. 4 of these properties are located within geophysical anomalies which strike >50km in two bands. The central band stretches for ~20km, with the Victoria West Target in the western end and the Colonie Target in the eastern end. Both of these target areas were visited by Renforth during initial fieldwork, with surface mineralization obtained via grab samples at each, which supports historical records of nickel, copper and zinc mineralization. The northern band, ~30kms in strike, hosts the Surimau target in the NW, not visited by Renforth yet, and the Lalonde target in the centre, which is located ~3km north of the Victoria West target area and was visited by Renforth, with grab samples again proving surface mineralization for nickel, copper and zinc. In Spring 2021 Renforth completed a drill program of 3456m in 15 drill holes across 2.2 kms. of strike at Victoria West, each of the 15 holes drilled returned visual nickel, copper and zinc sulphide mineralization, assays are pending. Renforth considers the geophysical anomaly, which strikes for ~20km in the central band and hosts Victoria West in its western end, to accurately reflect the presence of the nickel rich VMS system the Surimeau District Property, with a significant amount of the property hardly explored. Nixon Bartleman Property Consisting of four patents and 24 staked claims over an area of 313Ha, straddling the Porcupine Destor Deformation Zone, in the Porcupine Mining Camp of the West Timmins Mining area, approximately 45 km SW of Timmins, only 10 kms SW of Timmins West Mine, held by Lakeshore Gold, a subsidiary of Pan-American Silver. This property is known to host five gold bearing quartz veins in a structurally complex environment. An initial exploration program on the property obtained gold values at surface in cut channel samples and extended the strike of the surface mineralization. The property has seen historic drilling, assay results include up to 40 g/t gold and intersected a gold-bearing porphyry. This property has seen exploration, including 43 drillholes, in fits and starts, making a comprehensive mapping and sampling program, along with a data compilation, Renforth’s first area of focus. Malartic West Contiguous to the Canadian Malartic mine, is documented as gold bearing at several locations on surface and in drillholes, however, it is also the site of a copper/high grade silver discovery made by Renforth and traced on surface over ~165m. Results obtained by Renforth at the Beaupre copper discovery included a grab sample high value of 3.59% Cu and 6.62 g/t Ag. This copper showing is a discovery program, with no prior work and little geophysical coverage, strike is open in all directions and the showing has not been drilled. As of august 2021 Renforth working cap still C$4,000,000
https://smallcaps.us/reports/CR_RFR.pdf[R1] Renforth Resources is a mineral exploration company that focusses on easily accessible Canadian-based gold projects. It holds Parbec, an open pit gold deposit, and Surimeau, a district scale battery metals discovery, both located near Malartic, Quebec, along with several other mineralized properties. The positive results and high-grade gold intervals that have been reported recently at Parbec build the speculative potential value for a transaction to vend the property. The ongoing stream of exploration results from the Surimeau and Parbec properties is contributing a powerful one-two punch combination for Renforth. Barely a third of the way into the year, the Company has completed two ambitious drilling programs. The backlog of samples awaiting assay required utilizing the services of a second laboratory facility. As these assay results are reported, each of these properties is gaining speculative value. Surimeau has already evolved from the concept stage to where it is now positioned as a confirmed battery metals discovery. The structural targets further along strike may yet reveal a very large deposit area. Victoria West presents a high magnitude discovery that will attract a lot of interest as work continues. We reiterate our buy recommendation for Renforth Resources with a price target of $0.23, which is 170% above today’s stock price. [R1]
Fantactic value when you add Historial resource to Open Pit gold ounces Twinning will allow RFR to convert non compliant resource (historical) to a 43-101 new total of 1,500,000 ounces. Open Pit exploitation cost is 25$ per tonne. What's the value of an ounce in the ground 50 to 75$ Parbec is only 4Km away from Camflo mill Close neighbour Canadian Malartic Mine (Yamana &Agnico)
Depth Display By Price Bid Count.........Bid Size.........Bid Price.........Ask Price.......Ask Size......., Ask Count 9......................200,000.........0.07..................0075...............36,000................3 4......................57,000...........0.065................0.08................83,000................3 5......................106,000.........0.06..................0.085............. 114,000..............3 4......................30,000...........0.055................0.09................125,000..............2 4......................130,000.........0.05..................0.095...............85,000...............5
Buy Recommendation CSE: RFR OTCQB: RFHRF Renforth Resources, a Canadian-focused mineral exploration company, is both asset- and cash-rich with a collection of four 100% owned gold and battery metal projects within the Abitibi Greenstone Belt, a world-class mining region, with three projects in Quebec and one in Ontario.
Sometimes you just have to have a little faith. I believe in Renforth regardless of what some of the indicators say. I'm in it for the long term. According to Barchart it's time to sell. I think not. It's probably a good time to buy instead. See what Barchart says: https://www.barchart.com/stocks/quotes/RFR.CN/opinion
