Renforth Resources encounters visible gold at Parbec

Aug 8, 2018

2018-08-07 11:44 ET – News Release

Ms. Nicole Brewster reports

RENFORTH ENCOUNTERS VISIBLE GOLD IN PARBEC DRILL PROGRAM

Renforth Resources Inc. has completed a 1,403-metre drill program on the Parbec property consisting of six drill holes, the fifth of which encountered visible gold in quartz veining.

In this program, Renforth drilled two holes to the south, the first and fifth holes, away from the break, for the first time. This was done in order to, in the case of the first hole, target the gold-bearing felsites identified by Renforth in the area of the ramp collar, the fifth hole was designed to provide up-dip information in a data void above two older drill holes, exploring for extensions of gold intersections in viens in the Pontiac sediments.

PAR-18-86 is interpreted as intersecting the edge of a quartz vein with visible gold. The nature of the intersection raises the possibility that the vein is running perpendicular to the Cadillac break, an interpretation supported by geological and geophysical data, making the vein more difficult to intersect with drilling also running perpendicular to the Cadillac break. As such, Renforth is pleased to have the intersection and is re-evaluating the Parbec model taking into consideration the occurrence of veining paralleling the company’s drilling to date.

Renforth will release assay results for this drill program as they are available.

Technical information in this press release has been reviewed and approved by Francis Newton, PGeo, a qualified person pursuant to the guidelines of National Instrument 43-101.

We seek Safe Harbor.

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