Renforth Resources

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  1. rickydi

    rickydi Senior Investor

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    rickydi Senior Investor

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    InvestmentPitch Media Video Discusses Renforth Resources' Additional Drill Results from Parbec Gold Deposit in Quebec Including 10.75m Grading 1.54 g/t Gold which Included 2.85 g/t Gold over 3.61m -

     
  3. rickydi

    rickydi Senior Investor

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  4. rickydi

    rickydi Senior Investor

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    Last 3 months Stock traded around 50,000,000 shares
    The stock broke the latest resistance
    Next level 0.25¢
    CSE: RFR OTCQB: RFHRF
     
  5. rickydi

    rickydi Senior Investor

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    https://smallcaps.us/renforth-resources-inc-rfr/ https://renforthresources.com/press-releases/

    Renforth Resources Inc. is a Toronto-based gold exploration company with all of its gold bearing properties located in the Provinces of Quebec and Ontario, Canada. In Quebec, Renforth holds the Parbec property located on the Cadillac Break. Renforth also holds the Malartic West property, contiguous to the western boundary of the Canadian Malartic Mine property. In the portfolio, Renforth owns the Surimeau property in the Malartic Mining camp.


    The evolution of the Surimeau project into a high profile discovery prospect continues to gain traction as Renforth Resources Inc. (CA:RFR – $0.10 & US:RFHRF – $0.08 & GER:9RR – €0.05) steadily advances exploration work.


    Spanning 215 square kilometers, Surimeau is emerging as a potential game-changer for the Company.


    The encouraging aspect to this update is that a mineralized zone up to 250m in width has been encountered along the structural zone. Significant content of sulphide minerals continues to be observed in every drill core. Beyond the drill program underway, a further 4km of strike length to the west remains to be tested in future exploration activity just within the Victoria West target area. To the east of the current drilling work, roughly 12km of strike remains almost unexplored, terminating at the Colonie target. We already know there is mineralization at Colonie based on historical exploration data. A very large system appears to be in play.

    At Parbec the drilling continues to generate appealing gold values. Renforth has been able to report gold intervals within every hole of the drill program and discover a new gold zone.

    All of the data presented from the recent exploration work at Parbec so far has been positive. Wider intervals are being encountered regularly. These chunky gold-bearing zones contribute towards a greater tonnage of mineralization and build resource ounces for the overall deposit. Higher grade gold values continue to be reported in each batch of assay results. All of this contributes towards the outlook that a much larger pot of gold will be outlined at Parbec when the pending updated resource estimate is prepared.

    Conclusion

    Although Renforth’s stock price crossed 10 cents this week for the first time, its current market cap remains grossly undervalued given that it controls 100% of Surimeau and Parbec, along with other attractive properties in its portfolio.

    The upside potential remains exceptional. Smallcaps Recommendation: BUY.
     
  6. rickydi

    rickydi Senior Investor

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    Live Virtual Investor Conference April 22nd: Critical and Strategic Minerals Investment Opportunities in the Province of Quebec

    FREE REGISTRATION AT: https://bit.ly/3gqAR0t

    11:00 AM Renforth Resources Inc. (OTCQB: RFHRF | CSE: RFR)
     
  7. rickydi

    rickydi Senior Investor

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    ORIGINAL: Renforth Drilling Confirms Battery Metals Mineralization at Victoria West Correlates with Magnetic Anomaly

    2021-04-20 08:00 ET - News Release

    PICKERING, ON / ACCESSWIRE / April 20, 2021 / Renforth Resources Inc. (CSE:RFR)(OTCQB:RFHRF)(FSE:9RR) ("Renforth" or the "Company") is pleased to inform shareholders that the Spring 2021 drill program on the Surimeau District Property, southwest of Malartic, Quebec, has concluded with 3456m drilled in 15 holes over 2.2 kms strike of the Victoria West Target.

    Visual results from this program are significant, confirming that the Victoria West mineralization is mirroring a regional east-west elongated magnetic anomaly and a strong EM conductor embedded within a Pontiac Group sedimentary/ultramafic unit. Within this package, a series of ultramafic komatiitic flows are intercalated with sedimentary graphitic mudstone and quartzite strata. Visually, the most base metal-rich zones are within the graphitic mudstones, which are up to tens of meters thick. These have local zones of disseminated copper, nickel and zinc mineralization in a continuous litho-tectonic unit that occurs on both the north and south sides of the ultramafic strata, in every hole drilled along the entire 2.2km strike length. Multiple base-metal-enriched sections, each up to several metres in core length occur from surface up to a vertical depth of 200m in these holes. Pyrrhotite with visible pentlandite inclusions are observed replacing pyritic nodules within the mudstones, along with sphalerite in bands and disseminations, and chalcopyrite along fractures.

    In planning this drill program Renforth relied upon a high-resolution helicopter borne geophysical survey flown by the Quebec government in 2012 with 100m line spacing flown at 40m elevation and compiled data from historic exploration programs during the period 1940- 1980. This work included trenching of surface expressions of the surface mineralization and shallow drilling of EM targets from multiple historic VLF and mag surface geophysical surveys. All of which was correlated with Renforth's 2020 summer prospecting results and the 194m of drilling in 3 holes from fall 2020 (see Renforth press release of March 31st 2021).

    This survey has been proven, in this drill program, to accurately measure the pyrrhotite rich sedimentary and ultramafic associated mineralization in the geophysical anomaly at Victoria West, over the 2.2 kms strike which was drilled. There remains 4km of the anomaly to be drilled to the west and 12kms to the east, with the Colonie Target at the eastern end of the anomaly.

    Samples have been selected from the core and will be submitted for assay as soon as they are split, bagged and tagged. In addition to this, additional sampling of core was carried out on Renforth's other project, Parbec in order to constrain gold intervals which have been reported on from the 2020 drill program, but which were not constrained, requiring additional sampling. All assay results will be reported on when received. It is anticipated that sample processing will conclude this week.

    Renforth invites those who would like to learn more about our Surimeau District Property to join us for the "Critical and Strategic Minerals Investment Opportunities in Quebec" conference on April 22nd 2021 at 11am. This free event, co-sponsored by the Province of Quebec, Murdock Capital Partners and TAA Advisory, is held online with registration required via this link "Click here to Register"

    Francis R. Newton P.Geo (OGQ#2129) and Martin Demers P.Geo (OGQ #770), are "qualified persons" pursuant to NI 43-101, have reviewed and approved the technical disclosure in this press release.

    For further information please contact:

    Renforth Resources Inc.
    Nicole Brewster
    President and Chief Executive Officer
    C:416-818-1393
    E: [email protected]
    #269 - 1099 Kingston Road, Pickering ON L1V 1B5

    Follow Renforth on Facebook, LinkedIn and Instagram!

    About Renforth

    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 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. 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 million in cash and securities on hand (*as at 03/15/21), in addition to the gold contained in our gold deposit.
     
  8. rickydi

    rickydi Senior Investor

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    Smallcaps Investment Research

    https://smallcaps.us/renforth-resources-inc-rfr/

    Renforth Resources Inc. is a Toronto-based gold exploration company with all of its gold bearing properties located in the Provinces of Quebec and Ontario, Canada. In Quebec, Renforth holds the Parbec property located on the Cadillac Break. Renforth also holds the Malartic West property, contiguous to the western boundary of the Canadian Malartic Mine property. In the portfolio, Renforth owns the Surimeau property in the Malartic Mining camp.

    The evolution of the Surimeau project into a high profile discovery prospect continues to gain traction as Renforth Resources Inc. (CA:RFR – $0.10 & US:RFHRF – $0.08 & GER:9RR – €0.05) steadily advances exploration work.

    Spanning 215 square kilometers, Surimeau is emerging as a potential game-changer for the Company.

    The encouraging aspect to this update is that a mineralized zone up to 250m in width has been encountered along the structural zone. Significant content of sulphide minerals continues to be observed in every drill core. Beyond the drill program underway, a further 4km of strike length to the west remains to be tested in future exploration activity just within the Victoria West target area. To the east of the current drilling work, roughly 12km of strike remains almost unexplored, terminating at the Colonie target. We already know there is mineralization at Colonie based on historical exploration data. A very large system appears to be in play.

    At Parbec the drilling continues to generate appealing gold values. Renforth has been able to report gold intervals within every hole of the drill program and discover a new gold zone.

    All of the data presented from the recent exploration work at Parbec so far has been positive. Wider intervals are being encountered regularly. These chunky gold-bearing zones contribute towards a greater tonnage of mineralization and build resource ounces for the overall deposit. Higher grade gold values continue to be reported in each batch of assay results. All of this contributes towards the outlook that a much larger pot of gold will be outlined at Parbec when the pending updated resource estimate is prepared.

    Conclusion

    Although Renforth’s stock price crossed 10 cents this week for the first time, its current market cap remains grossly undervalued given that it controls 100% of Surimeau and Parbec, along with other attractive properties in its portfolio.

    The upside potential remains exceptional. Smallcaps Recommendation: BUY.
     
  9. rickydi

    rickydi Senior Investor

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  10. rickydi

    rickydi Senior Investor

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    News coming
    Most assays from the drilling program at Parbec in 2020- 2021 are not out yet
    Just the same thing for Surimeau
    very soon it will
    Then BOOM stock going to the moon

    Remeber the historical resource at Parbec 500,000 ounces of Gold with the twinning most of it will be included in the incoming updated 43-101

    500K + 280K + new ounces = 800,000ounces +

    These are the ounces Canadian Malartic Mines will buy from RFR
     

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