Renforth Resources

Discussion in 'Penny Stocks' started by rickydi, Mar 11, 2021.

  1. rickydi

    rickydi Senior Investor

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    Today barchart rating .................just watch for the breakout ...when crossing 0.12¢ ...next target 0.25¢

    https://www.barchart.com/stocks/quotes/RFR.CN/opinion

    Overall Average:

    100% BUY

    Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.

    Current Strength Strong

    Current Direction Strongest
     
  2. rickydi

    rickydi Senior Investor

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  3. rickydi

    rickydi Senior Investor

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    https://smallcaps.us/renforth-resources-ceo-explains-what-outstanding-drill-results-really-mean/ (this is the link to video)

    Ms. Nicole Brewster, the President and CEO of Renforth Resources first delivers plenty of valuable information about Renforth’s Parbec property. She explains that although only a few assay results have been received back from its 15,569 meter drill program, initial results look quite promising. It is very realistic that in the next resource update for Parbec, expected in June or July, the open pit resource area will be wider and deeper. Moreover, 62 historic drill holes, which were drilled in the 1980s and the 1990s may also be added to the resource calculation, as they were successfully twinned in this drill campaign.

    Ms. Brewster also divulges that after the resource update is published, the Company could very well be faced with the opportunity to sell Parbec as the Canadian Malartic Mine, Canada’s largest open pit gold mine, is located right next to Parbec.

    Next, the interview digs deeper into Surimeau. Ms. Brewster first explains how and why the property was significantly expanded last year to about 215 square kilometers. She then shares how the results from a very small drill program at Surimeau were enough to convince Dr. James Franklin, a world-renowned expert in the identification and exploration of VMS deposits, to come on board as a principal technical advisor for Surimeau.

    The CEO also shares her interesting views on today’s commodities markets and why we are at the beginning of a commodity supercycle.
     
  4. rickydi

    rickydi Senior Investor

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    ORIGINAL: Investor Presentations Now Available for On-Demand Viewing: Critical & Strategic Minerals Investment Opportunities in Quebec

    2021-04-26 08:35 ET - News Release


    Investor Presentations Now Available for On-Demand Viewing: Critical & Strategic Minerals Investment Opportunities in Quebec
    Canada NewsWire

    NEW YORK, April 26, 2021

    Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations

    NEW YORK, April 26, 2021 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the April 22nd Critical & Strategic Mineral Investment Opportunities in Quebec investor conference are now available for on-demand viewing.

    REGISTER OR LOGIN NOW TO VIEW THE PRESENTATIONS: https://bit.ly/2RXmo1J

    The company presentations will be available 24/7 for 90 days. Investors, advisors and analysts may download shareholder materials from the "virtual trade booth" for the next three weeks.


    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.
     
  5. rickydi

    rickydi Senior Investor

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    Malartic properties review


    Parbec open pit on the Cadillac Break 4-5km from the camflo mill owned by Canadian Malartic Mine

    Au recalculation could reach 800K au ounces

    35 dill holes are still assays pending

    Surimeau VMS District scale discovery 12km Copper and Nickel anomalies visible from surface

    3,456m driling programl completed recently & assays pending

    Malartic West Big silver anomaly requiring more exploration work
     
  6. rickydi

    rickydi Senior Investor

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    https://www.accesswire.com/642732/R...-Acquisition-of-Additional-Mineralized-Target

    ORIGINAL: Renforth Expands Surimeau District Project with Acquisition of Additional Mineralized Target

    2021-04-28 08:01 ET - News Release

    PICKERING, ON / ACCESSWIRE / April 28, 2021 / Renforth Resources Inc. (CSE:RFR)(OTCQB:RFHRF)(FSE:9RR) ("Renforth" or the "Company") is pleased to inform shareholders that our Surimeau District Project has increased in size, to approximately 260 km2, with the addition of 81 claims, covering approximately 4,520 hectares and hosting the Huston Target, located to the west of our Surimeau Target area, in the Pontiac and south of Iamgold's Westwood Mine.


    upload_2021-4-28_10-5-57.png
    The newly acquired area hosts the Huston Target, documented in the early 1980's as a privately held property which was subsequently acquired and drilled by Hecla Mining, results of drilling by Hecla accessible via SIGEOM document the presence of copper and gold above background levels. In addition to this the vendors of the property carried out a small surface grab sample program targeting their interpretation that the property hosts a deep seated splay of the Cadillac Break, as seen in their inversion of geophysical data. Their field findings included copper and nickel above background levels in grab samples taken from areas of alteration accessible by road and due to logging operations. Renforth acquired these claims from an unrelated party in November of 2020 via the issuance of 4 million shares of Renforth and is now in the process of registering these claims to Renforth's name. The acquisition of the Huston Target area was a strategic one, occurring as Renforth finished consolidating the Surimeau District Project, which encompasses 5 target areas for base metals (historically documented) and 2 target areas for precious metals (historically identified), bringing one of the last historically documented targets into the Surimeau District Project to make 6 target areas for base metals.

    upload_2021-4-28_10-6-34.png

    "Renforth has assembled a very large and underexplored land package with known historical showings in both base and precious metals, with road access in mature mining camps. This property is located within one of the best mining friendly jurisdictions in the world. Our initial drilling on this property, focused on our Victoria West target area, delivering visual nickel, copper and zinc sulphide mineralization in each of 15 holes drilled over only 2.2kms of strike within a 20km geophysical anomaly, assays are awaited. I am quite looking forward to exploring our brownfield nickel rich VMS discovery further" states Nicole Brewster, President and CEO of Renforth.
     
  7. rickydi

    rickydi Senior Investor

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    Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the Canadian Malartic mine, with a 2020, 43-101, 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 (2020-2021).

    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 Q2 2021.

    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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  9. rickydi

    rickydi Senior Investor

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    April 29 RFR is still 100% BUY

    Current Strength MAXIMUM


    Current Direction STRONGEST
     
  10. rickydi

    rickydi Senior Investor

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    Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive that its Surimeau district project in Quebec has increased in size by way of acquisition. Brewster says the project has been expanded to about 260 square kilometers, with the addition of 81 claims covering about 4,520 hectares. The project hosts the Huston Target, located to the west of the Surimeau Target area in the Pontiac, and south of IAMGOLD Corporation’s (NYSE:IAG) (TSE:IMG) (FRA:IAL) Westwood Mine.

     

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