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Renforth Resources inc.
Summary
| Project: | New Alger | |
|---|---|---|
| Deposit: | Piche Volcanic Vein | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/25/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-2-2020: Renforth Resources inc. announces an Exploration/Drilling Update report for its Piche Volcanic Vein deposit at the New Alger project. Drilling results incl. 4.6m @ 2.87g/t Au from 387.4m. Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) ( | |
| 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 announce results from the first hole drilled in the 2020 drill program at our wholly owned New Alger property, located on 1.4 kms of the Cadillac Break near Cadillac, Quebec. REN-20-38, a successful 110m step out to the west from any previous Renforth drilling of the Piché volcanics, is additional validation of the results obtained in the 1940’s drilling by Alger Gold Mines Limited which demonstrate gold mineralization across the entire western portion of New Alger. With this drillhole, the furthest west, Renforth notes that, once again, the mineralized zones are associated not only with the quartz veins, there is additional width provided by the gold bearing alteration halo, also present in the eastern portion of the property. In this hole the typical blue/grey quartz veins are not as robust as they are to the east, possibly pinching. In the zones there are several competent lithologies present which have been fractured and brecciated, displaying carbonate, sericite and biotite alteration, these are carrying gold over widths greater than the width of the veins. | |
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