February 9, 2021
Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that our Surimeau district scale Nickel/VMS prospect drill program has provided;
- 156% Ni over 13m, including 0.483% Ni over 1m in SUR-20-003,
- 126% Ni over 20.5m, including 0.209% over 2.4m from hole SUR-20-002.
- SUR-20-001 returned 1.16% Zn and 0.132% Cu over 4.03m from the bedrock surface down to 4.0m, followed by 0.147% Ni over 7.9m
The polymetallic mineralization is associated with a sulphide assemblage composed of nickel bearing pyrrhotite, sphalerite and chalcopyrite.
This program has tested historical information from trenching and drilling known as the “Victoria West” target. Renforth’s preliminary surface sampling and these 3 drillholes, combined with historic information, create an area of interest that has the most data available on the property. Overall, the prospective horizons tested herein include approximately 5kms. of strike in the western end of the ~20km central anomaly at Surimeau. (refer to the Surimeau property map, available in the Surimeau section, under Projects, at www.renforthresources.com)
Renforth interprets the Surimeau central anomaly to be a nickel bearing ultramafic body occurring alongside, and intermingled with, a sediment-and volcanic hosted copper/zinc volcanogenic massive sulfide style occurrence. This is considered by Renforth to be an “Outokumpu-like” occurrence, a reference to a district in eastern Finland known for several unconventional sulphide deposits variously hosting economic grades of Cu, Zn, Ni, Co, Ag and Au. Like Surimeau, the Outokumpu district is located in a deformed high grade metamorphosed terrain where volcanic and ultramafic units form intercalated lenses in a sediment dominated environment.
Hole SUR-20-001 and SUR-20-003, along strike and approximately 200m apart , were both collared in mineralization. SUR-20-002 was collared over 60m south of SUR-20-003 and intersected the northern contact between the volcanic complex and sediments of the Pontiac Group. Hole SUR-20-003 ended abruptly due to equipment breakdown, at a length of 32m, still in mineralization, which ended the program.
Almost all of SUR-20-003 was sampled, and contained elevated nickel contents, as presented below, indicating the hole was entirely within a nickel – bearing ultramafic unit. In contrast to this SUR-20-002, collared 60m away, contains elevated nickel, copper and zinc, from 3 to 70.5 in one uninterrupted interval; highlights within this mineralized envelope are presented below. Collared 220m to the east, SUR-20-001 is continuously enriched in base metals, with variable contents of Ni, Zn and Cu from surface for 22.25m. Highlights are presented below.
The assays are presented below with two sets of information: First the continuously mineralized zone is given for each hole, followed by specific assay highlights for either nickel, copper or zinc within the continuously mineralized zone.
|Min. Zone||Assay Highlight|
|Drillhole||From (m)||To (m)||Length||From (m)||To (m)||Length||Ni%||Cu%||Zn%|
Surimeau Surface Sampling
Prior to this drill program Renforth conducted reconnaissance prospecting at Surimeau, in the areas of historic work at Victoria West (the same area as the drill program), the LaLonde base metal occurrence approximately 3.5 km to the north, in the northern anomaly at Surimeau, and Colonie, approximately 20km to the east of, and on strike to, the Victoria West area.
Selected highlights of that surface prospecting program, which visited historic trenches as well as outcrops, found and sampled for the first time, appear below. This list is not comprehensive, nor entirely representative of the property. This list contains the highlights of grab sampling programs, grab samples are selective in nature. In addition, this prospecting program, Renforth’s first work at Surimeau was focused where there was record and evidence of historic trenching. Renforth currently interprets Surimeau to host a nickel bearing ultramafic unit, along with a copper -zinc VMS, as well as a tectonically “mixed” zone between the two. We also observed that historic work was not evenly divided between these mineralized zones, and our prospecting work did not evenly address these zones as a result.
Selected Surimeau Summer 2020 Grab Sample Results
|Project Area||Sample #||Ni %||Cu %||Zn %|
The Surimeau drill program used a custom built mobile, track mounted drill, and was planning to test sub-surface mineralization near old trenches and outcrop proximal to the property access road. SUR-20-001 was 72m in length, with 44.6m sampled, SUR-20-002 was 90m in length, with 71.25m sampled and SUR-20-003 was 32m in length with 20.7m of sampling. As every sample taken returned values above background in different elements the decision has been taken to sample all of the remaining core obtained during the Parbec drill program and submit this for assay, resolving sampling gaps which have mineralization on either side of the gap. In addition to this testing for platinum group element contents is under way.
Drill samples and their assays referred to in this press release were identified, split, bagged and tagged in the field and delivered to the facilities of AGAT Laboratories in Val d’Or Quebec where they were processed using Sodium Peroxide Fusion – ICP-OES/ICP-MS Finish. The prospecting grab samples and their assays referred to in this press release were selected, bagged, tagged and sealed in the field. They were delivered to the facilities of ALS Canada Ltd in Val d’Or where they underwent ME-MS41L (Aqua Regia, ICP-MS).
Technical disclosure in this press release has been reviewed and approved by Brian H. Newton P.Geo and Martin Demers P.Geo (ogq), each a “qualified person” pursuant to the guidelines of NI 43-101.
For further information please contact:
Renforth Resources Inc.
President and Chief Executive Officer
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
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.