April 7, 2021
- PAR-20-116 highlight 1.46 g/t Au over 49.6m, from 108.9m to 158.5m down the hole
- PAR-20-106 highlight 1.32 g/t Au over 4.45m, from 211.35m to 215.8m down the hole
- PAR-20-107 highlight 4.02 g/t Au over 4m, from 141m to 145m down the hole
- PAR-20-108 highlight 2.05 g./t over 1.5m, from 156.65m to 158.15m down the hole
- PAR-20-109 highlight 0.69 g.t Au over 12.85m, from 136.15m to 149m down the hole
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is pleased to update shareholders on drill results received for Renforth’s 2020 drill program on the wholly owned Parbec open pit constrained gold deposit on the Cadillac Break, adjacent to the Canadian Malartic Mine.
This press release gives highlights of assays received for PAR-20-116, PAR-20-106, PAR-20-107, PAR-20-108 and PAR-20-109, all drilled in the Fall 2020 program at Parbec where 9,644m were drilled in phase one of a drill program designed to support a new 2021 resource estimate for Parbec. The drill program finished at 15,569m of drilling completed with the assay results for a total of 37 drill holes in both phase one (Fall 2020) and phase two (Winter 2021) of the program still outstanding.
The drill program was designed to fill in gaps within the existing deposit model, to test for the downdip extension of mineralized zones with undercut drillholes and to twin holes drilled between 1986 and 1993 in order to allow the assay results from those 62 holes to be used in the 2021 resource estimate for Parbec, anticipated to be complete in June/July 2021, however, the timeline is dependent on the receipt of assays. The five holes reported on in this press release continue Renforth’s success in drilling at Parbec with, again, each hole drilled returning gold values of interest. Each of the results given below are accretive to the overall gold endowment of the Parbec deposit and are expected to positively impact a resource estimate calculation.
Assay Highlight Table
|DDH||From (m)||To (m)||Length (m)||Assay Au g/t|
*assay intervals are as measured in the core box, 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 (>10 g/t Au) values.