March 25, 2021
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is pleased to announce the start of a 3,500m drill program on the Victoria Nickel Target which strikes over ~5km on Renforth’s wholly owned 215 km2 Surimeau District Property, where Renforth has previously obtained sulphide nickel values on surface and sub-surface, confirming the presence of mineralization as indicated by historic exploration information.
Renforth’s Surimeau District Property is located south of the towns of Cadillac and Malartic Quebec, with road access to the west and the centre of the property via well maintained gravel roads which service the hydro-electric generating stations south of the property, whose power lines also run through the property. The eastern end of the property is accessible via municipal roads. Road access makes the movement of the drill from Renforth’s Parbec property, where the drill program concluded with 5,925m drilled in 22 holes, a straightforward operation. This finishes the drill program started in September 2020 at a total of 15,569m drilled, all of which will be incorporated in a rebuilding of the geological model and a resource restatement, upon receipt of all the assays. Presently there is a total of 42 holes with unreported assays for Parbec.
The Surimeau District Property hosts several target areas, both for critical and strategic metals, as well as for gold. The target areas have been identified on the basis of prior work carried out on the property, including verification of the presence of mineralization by Renforth.
The drill program which has just commenced at Surimeau is focused on the Victoria target area, with drilling planned of ~3km of the ~5km of strike in that target area. This is a follow up program to Renforth’s confirmation surface and sub-surface sampling programs which demonstrate the presence of mineralization including sulphide nickel, zinc, copper and silver, the testing for platinum group elements is ongoing.
“The zinc-nickel occurrences at Surimeau bear a striking geological similarity to the Outokumpu, Finland deposits, which have a similar, and unusual, association of these two elements in what appears to be a tectonically juxtaposed magmatic nickel and zinc-rich volcanogenic massive sulfide-type settings. This geological setting is an almost unique association in Canada (there is at least one other occurrence), but a substantial and productive resource in Finland.” states Dr. James Franklin PhD FRSC, P.Geo, Renforth’s Principal Technical Advisor on the Surimeau District Property.
Victoria Prospect Planned Drill Holes Spring 2021
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