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Project: | Parbec | |
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Deposit: | Parbec | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 4/25/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 25-4-2018: Renforth Resources inc. announces an Exploration/Drilling Update report for its Parbec deposit at the Parbec project. Drilling results incl. 7.5m @ 1.104g/t Au from 147.5m. Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pl | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Mark Wellstead (Minroc Management) | |
ABSTRACT: | Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to announce that 5 drill holes, totaling 1,269 metres, have been drilled 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. | |
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