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Renforth Resources inc.
Summary
| Project: | New Alger | |
|---|---|---|
| Deposit: | Discovery Vein | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/10/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-2-2020: Renforth Resources inc. announces an Exploration/Drilling Update report for its Discovery Vein deposit at the New Alger project. Resampling results incl. 8.5m @ 0.87g/t Au from 49.5m. Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (“Ren | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Francis R. Newton (Not stated) | |
| ABSTRACT: | Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (“Renforth” or the “Company”) is pleased to share with our shareholders recent results from additional sampling of a Discovery Vein drill hole from November 2019. This resampling results in new assay information, including 8.5m of 0.87 g/t Au at a depth of only 49.5m down the hole, which was not previously known to be mineralized. This shallow mineralization was included in a total of 9.8m of mineralization the new data adds to the drill hole. The additional sampling was undertaken in order to obtain quarter cuts of certain samples which were taken in November 2019 but not processed due to equipment issues. In taking the quarter cut samples Renforth’s geologist decided to take “contingency” samples of greywacke in order close off mineralized intercepts. These contingency samples unexpectedly gave gold values in assay, including 2.3 g/t Au over 2m between 49.5 and 51.5m as measured in the core box. The core box in question is pictured below. The assumption in the field was that the sample would come back with a zero value, based on visual inspection of the core as compared to other core drilled in other areas. Renforth has discovered that this assumption is incorrect in the Discovery Veins. Renforth is very happy to have discovered that greywacke, possibly with micro fractures present but difficult to discern or wispy, indistinct veining, is carrying gold in the Discovery Veins. As a result, come spring when core is accessible, Renforth will be relogging the Discovery Vein drillholes with this new knowledge in mind. The complete results of the resampling are presented below in black, blue are sample results previously press released on January 21, 2020. | |
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