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Renforth Resources inc.
Summary
| Project: | Parbec | |
|---|---|---|
| Deposit: | Parbec | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-2-2019: Renforth Resources inc. announces an Exploration/Drilling Update report for its Parbec deposit at the Parbec project. Drilling results incl. 1.15m @ 17.55g/t Au from 230.85m. Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brian Newton (Internal) | |
| ABSTRACT: | Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to announce the completion of our January/February 2019 drill program at Parbec. As we did in December of 2018 Renforth planned a drill program to extend the strike at Parbec and, in this program, explore down-dip extensions of the 2018 43-101 resource estimate at Parbec, 80% of which sits above a depth of 200m (technical report filed on SEDAR Nov. 8/2018). The recent program consisted of 1767m of drilling in 5 drill holes, samples were selected, cut and submitted for assay, results are being received presently. The first hole, PAR-19-95, a 59m step out east from our previously most-eastern hole at Parbec (PAR18-78), was drilled for 252m testing for strike extension in general, specifically of the “magnetic diorite” intersected in PAR-18-78 which assayed 11.7 g/t Au over 4.7m from 160m down the hole (press released May 9, 2018). PAR-19-95 successfully met this objective, including a result of 25 g/t Au over 0.6m of core length, within a total 1.15m intersection assaying 17.55 g/t Au at a depth of 230.85m down the hole. Highlights from the first hole in this program are presented below, additional results will be released as available. Also presented below is a plan map depicting the successful December 2018 in the NW end of the property, and the January 2019 drilling in the SE and central portion of the property. | |
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