Renforth Resources drills 7.5 m of 1.1 g/t Au at Parbec

Apr 25, 2018

2018-04-25 08:56 ET – News Release

Ms. Nicole Brewster reports

DRILLING INCREASES RENFORTH’S PARBEC GOLD DEPOSIT BY 100 METERS ALONG STRIKE

Renforth Resources Inc. has drilled five drill holes, totalling 1,269 metres, to extend the Parbec deposit. Drill hole PAR-18-77 intersected 1.1 g/t Au over 7.5m, successfully extending the deposit strike by 100 m to the east of the deposit, the first drilling on the eastern end. The deposit strike is now approximately 1,100m, including extensions obtained in recent drilling, with a width of the mineralized package of approximately 150m. The property hosts a minimum of 1,400m of Cadillac Break strike, giving Renforth the ability to extend the mineralization strike with additional drilling.

“We are pleased with the first results from the April drill program, this brings us to 15 holes drilled intersecting significant mineralized widths and/or gold grades at Parbec. Our property is adjacent to the Canadian Malartic Mine, one of Canada’s largest gold mines with a resource grade of 1.1 g/t Au. The location of Parbec, with required infrastructure, road access and numerous potential future development partners all in close proximity, is unique, we look forward to the receipt of assays for our other 4 holes,” states Nicole Brewster, President and CEO of Renforth.

Results have been received for the first hole completed, PAR 18-77, highlights are summarized below.

DDH         From (m) To (m) Width (m) Au (g/t) Litho
PAR-18-77or 16.7     17.85  1.15      1.06     porph kspar alt
            14.2     17.85  3.65      0.45
PAR-18-77   16.7     17.85  1.15      1.06     Porph - K spar altered
PAR-18-77or 102      103.5  1.5       1.08     Porph kspar alt
            100.5    103.5  3         0.61
PAR-18-77or 126      129.1  3.1       0.61     magnetic black diabase lenses in porph
            128.5    129.1  0.6       1.68
PAR-18-77or 147.5    156.5  7.5       1.104    Breccia zone within schist
            144.7    152    4.5       1.48
PAR-18-77   172.8    173.5  0.7       2.99     silicified, magnetic diorite zone in schist
PAR-18-77   181.7    184.7  3         1.17     silicified, magnetic diorite zone in schist
PAR-18-77   270.8    271.8  1         2.01     Tuff + Tourmaline Veining

Samples were taken in the field under the supervision of Mark Wellstead P. Geo, bagged, tagged and personally transported to Bourlamaque Assay Laboratories Ltd. and fire assayed for gold. Widths stated are core lengths, not true widths.

The plan view below illustrates the location of the completed holes, as well as additional proposed holes. In this program Renforth completed its first drilling in the eastern end of the deposit with two holes stepped out along strike, in the western end of the deposit 2 holes were drilled, including a step out to the west. The central hole targets a gap between the #2 and Discovery zones not drilled historically. Each of these holes is targeting extensions of the deposit mineralization.

Renforth awaits results for the other 4 holes and will release these as available.

Plan View of Completed Drilling and Future Proposed Holes

To view the graphic in its original size, please click here

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.

We seek Safe Harbor.

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