Parbec

Wholly-Owned, Road Accessible NW Quebec Open Pit 43-101 Gold Deposit

Contiguous to Canadian Malartic, Canada’s Largest Gold Mine

15,569m Drill Program Completed

Assay Results Pending

Drill Program Results

Assay Results are slowly being received and press released for the 15,569m drilled in Fall 2020 and Winter 2021.

Parbec, sitting on 1.8kms of the Cadillac Break, neighbours the Canadian Malartic Mine, Canada’s largest gold mine, currently an open pit.

In May 2020 a NI 43-101 Open Pit Constrained Resource Estimate was prepared for Parbec, however, Renforth has subsequently drilled 15,569m and obtained positive results to date, which will require a restatement of the resource estimate, anticipated to occur during Summer 2021. In addition to new data Renforth intends to incorporate the results of 62 drill holes, drilled between 1986 and 1993, in the upcoming resource estimate assuming that the lab results from holes twinned in the Winter 2021 drilling supports the inclusion. These results were not used in the May 2020 Resource Estimate.

Assay highlights press released to date from the 2020/2021 drilling, which commenced with PAR-20-100 and finished with PAR-21-148 are presented below, taken from various press releases.

Parbec Gold Deposit May 2020 Resource Estimate