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Renforth Strikes Gold Mineralization in all 7 Drill Holes at Parbec Intersects 32.6m at 1.44 g/t Au

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Renforth Strikes Gold Mineralization in all 7 Drill Holes at Parbec Intersects 32.6m at 1.44 g/t Au

 

 

 

 

 

Renforth Resources Inc. (CSE – RFR) is pleased to announce the following results from the 1619 metre January 2018 drill program on Parbec.  Each of the 7 holes drilled in January 2018 returned gold values, including the longest two intersections obtained by Renforth to date where PAR-18-73 averaged 1.44 g/t Au over a length of 32.6 metres, and PAR-18-74 which graded 1.23 g/t Au over 33.2 metres.

 

 

In total Renforth has drilled 2,884m at Parbec in the December and January programs, and now reported results from each of the 14 holes drilled, with gold intersections being reported outside of the 43-101 resource envelope in all 14 holes.

 

 

Parbec Partridge Zone Discovery and Camp Zone Drilling

 

 

 

Renforth is currently planning its’ next drill program at Parbec that will focus on deeper testing of the “Partridge Zone” discovery.  The Parbec deposit hosts a maiden gold resource which exceeds 500,000 ounces of gold (inferred and indicated, see below), has never been mined, and is on strike and contiguous to the East Amphi Mine portion of the Canadian Malartic Mine property.  The maiden resource at Parbec extends from surface to a vertical depth of 275m and only covers approximately half of the 1.6 km strike of Cadillac Break on the Parbec Property.  Recent work has proven gold mineralization similar to that of the resource extends over the previously untested NW portion of the Cadillac Break on the property, to a maximum depth in the west of 124m vertical depth.  Parbec’s deepest gold intersection is at a vertical depth of 738m where 0.96 g/t over 1.5m was intersected in PAR-08-03.

 

 

 

Hole # From To Length Au g/t
PAR-18-70 58.8 60.3 1.5 1.87
PAR-18-70 75.6 76.1 0.5 2.44
PAR-18-70 88.3 102.4 14.1 1.26
including 88.3 91.3 3 2.74
*including 89.5 90.5 1 6.42
including 99.7 102.4 2.7 2.1
PAR-18-70 114.3 118 3.7 3.16
including 114.3 115.3 1 6.84
PAR-18-70 152.5 157.5 5 1.48
PAR-18-70 163 164.2 1.2 2.95
PAR-18-71 15.5 17.6 2.1 4.06
including 15.5 16.5 1 8.34
PAR-18-71 27 29 2 0.99
PAR-18-71 39 41 2 0.62
PAR-18-72 8.3 12.5 4.2 2.53
including 11.25 12.5 1.25 6.3
PAR-18-72 21 33.5 12.5 1.05
including 21 28.6 7.6 1.6
including 21 25 4 2.54
PAR-18-72 88.3 90 1.7 0.76
PAR-18-73 78.8 80 1.2 1.29
PAR-18-73 142.4 175 32.6 1.44
including 158 162 4 2.02
including 169 175 6 1.83
including 170 175 5 2.06
PAR-18-74 117.3 150.5 33.2 1.23
including 117.3 124 6.7 1.48
including 140 150.5 10.5 2.46
PAR-18-75 85.4 86.6 1.2 0.53
PAR-18-75 211 211.8 0.8 0.63
PAR-18-76 144 148.5 4.5 2.383
including 144 145.5 1.5 6.12
Par-18-76 265.3 267.3 2 1.06
including 265.3 266.4 1.1 1.48
PAR-18-76 373.2 374.5 2.5 0.742
including 373.2 374.5 1.3 1.02

 

 

 

“We are pleased to extend the strike of the mineralized zones used in the Parbec 43-101 resource with our recent drilling as we step out to the west and drill deeper.  We look forward to our next Parbec drill program where we will continue to develop this discovery of strike continuity in the western portion of the property, hopefully continuing our trend of adding gold ounces with each hole drilled” states Nicole Brewster, President and CEO of Renforth.

 

 

 

 

 

Mark Wellstead P.Geo, OGQ Special Authorization #388 of Minroc Management is a “qualified person” pursuant to the guidelines of National Instrument 43-101 and has reviewed and approved the technical disclosure in this press release.

 

Posted February 26, 2018

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