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Renforth Resources inc.
Summary
| Project: | New Alger | |
|---|---|---|
| Deposit: | New Alger | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/12/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-5-2020: Renforth Resources inc. announces a Resource Estimation report for its New Alger deposit at the New Alger project. Updated Mineral Resource Estimate for Project. Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN - A2H9TN) (“Renforth” | |
| Resources: | (Resources): 1.0Mt @ 1.88g/t Au (Ind.) & 3.2Mt @ 1.81g/t Au (Inf.) | |
| CP/QP: | [Resource]: Eugene Puritch (P&E Mining Consultants Inc.) | |
| ABSTRACT: | Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN - A2H9TN) (“Renforth” or the “Company”) is pleased to provide shareholders with a pit constrained gold Mineral Resource Estimate for Renforth’s wholly owned New Alger Property, located on the Cadillac Break, in Cadillac, Quebec, contiguous to the historic O’Brien Mine and the LaRonde Mine. This Mineral Resource Estimate has been calculated by P&E Mining Consultants Inc. of Brampton, Ontario, with an effective date of April 30th, 2020, using only assay data from between 2007 and the first hole (of four in that program) drilled by Renforth at New Alger earlier this year. Renforth has in its possession all the core from 2007 to date. “Delivering this pit constrained Mineral Resource Estimate for our wholly owned New Alger Gold property to Renforth’s shareholders is again done with a great deal of satisfaction. Renforth is pleased to now have updated pit constrained Mineral Resource Estimates in place at both New Alger and Parbec. With these in place Renforth has established a new level, one which we will build on, at our pace. We look forward to resuming work on our New Alger property, with our efforts focused on a mini-bulk sample from the Discovery Veins” states Nicole Brewster, President and CEO of Renforth. | |
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