August 16 2023
- Prospecting unexplored lithium, nickel and zinc occurrences identified in historic and government soil surveys located near or within the Decelles batholith in the south of the property, the ~20km long Victoria mineralized structure in the centre of the property, and the Beaupre copper discovery in the northern part of the property.
- Prospecting eleven Anomalies (A to K) identified by Dr. Julie Selway P.Geo of JJ Minerals Inc. based on elevated Li, Rb, Cs, Be, Nb, Ta and Sn contents in samples taken by Renforth geologists in summer 2022 prospecting program (refer to press release of May 31, 2023 for report details). In November 2022, Renforth requested Dr. Selway and JJ Minerals to give an opinion on the lithium potential of Surimeau and conduct a review of their summer 2022 prospecting program.
- Renforth will also be targeting outcrop identified through satellite imagery and prospecting other exploration targets including the fertile Decelles batholith and other high priority anomalies and pegmatites.
Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) would like to inform shareholders that field exploration operations have resumed at our 330 sq. km. Surimeau battery metals property located in southern Quebec. Initially, our geologists are focused on following up on numerous initial exploration targets developed earlier this summer as detailed above, we will provide updates on the prospecting program as appropriate.
“I am very happy to be able to finally announce the return of field operations on one of our two core properties (the other core asset being our Parbec gold deposit). Unfortunately, fires in the first half of the summer, along with our crews having to take other work when we were delayed, has made this start much later than envisioned. However, we are going to make good use of this window of time generating information which will help in planning the next steps in different areas of the property, likely to include stripping and drilling, based in part on the results of this work” states Nicole Brewster, President and CEO of Renforth.
Technical disclosure in this press release has been reviewed and approved by Francis R. Newton PGeo, OGQ a “qualified person” pursuant to NI 43-101.
For further information please contact:
Renforth Resources Inc.
President and Chief Executive Officer
#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9
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Renforth is a secure multi-commodity area play with the dominant brownfield land position south of the world class Cadillac-Larder Lake Fault (“CLLF”) in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium Renforth’s land position encompasses several areas of interest. In the more than 300 square kilometres Renforth holds, there are both resources and mineralized ground undergoing exploration to extend zones and define the amount of metal in structures.
Renforth’s position is unique in that the ground is road accessible, has hydro power in place and is in an established and secure mining jurisdiction which regularly ranks as Top 10 (as determined by the Fraser Institute) in the world.
The CLLF, which extends from west of Kirkland Lake in Ontario to east of Val d’Or in Quebec is a regional first order fault which hosts numerous mines along its extent, including one of Canada’s most lucrative gold mines, the know historic O’Brien Mine which formed the Cadillac Mining Camp, and Renforth’s Parbec gold deposit near Malartic. Now, immediately north of Renforth’s landholdings is one of the few instances of the CLLF being mined on its north side with North America’s deepest single stage shaft, the Penna shaft, at Agnico Eagle’s LaRonde Mine. Renforth holds the dominant land position in the Cadillac Camp south of the fault, and a good portion of the land position in the Malartic camp as well, contiguous to one of the few mines operating on the south side of the Cadillac Break, the Canadian Malartic Mine. Renforth’s landholdings in the area host gold and silver as well as a host of future facing, or battery, metals such as nickel, copper, zinc, cobalt and lithium.
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.