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Renforth Resources inc.
Summary
| Project: | Parbec | |
|---|---|---|
| Deposit: | Parbec | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/23/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-6-2020: Renforth Resources inc. announces a Resource Estimation report for its Parbec deposit at the Parbec project. Updated Mineral Resource Estimate for Project. The following report was prepared to provide a National Instrument 43-101 (NI 43-101) Up | |
| Resources: | (Resources): 1.822Mt @ 1.78g/t Au (Ind.) & 3.122Mt @ 1.77g/t Au (Inf.) | |
| CP/QP: | [Resource] Antoine Yassa, Eugene Puritch (P&E Mining Consultants Inc.) | |
| ABSTRACT: | The following report was prepared to provide a National Instrument 43-101 (NI 43-101) Updated Mineral Resource Estimate and Technical Report on the Parbec Gold Property (the “Property”) for Renforth Resources Inc. (“Renforth Resources”). The Technical Report has an effective date of May 1, 2020. Renforth Resources Inc. is a corporation trading on the Canadian Securities Exchange (CSE) with the symbol “RFR”. The Parbec Gold Property (the “Property”) comprises 11 contiguous unpatented map designated mineral claims (“CDC claims”) covering a total area of 229.44 ha in Malartic Township in the Abitibi-Témiscamingue region of northwestern Québec. The Property is located on the Larder Lake - Cadillac Deformation Zone (or the “Cadillac Break”) that occurs near the southern boundary of the Abitibi greenstone belt in an area of prolific mining activity. Renforth Resources is the 100% beneficial owner of the Parbec Property subject to a 3% Gross Metal Royalty. The Property is located 4.5 km northwest of the Town of Malartic. The Trans-Canada Highway (Québec Highway 117) passes 3 km to the east of the Property between Rouyn-Noranda, 65 km to the west and Val-d’Or, 30 km to the east | |
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