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Renforth Resources inc.
Summary
| Project: | Parbec | |
|---|---|---|
| Deposit: | Parbec | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-1-2019: Renforth Resources inc. announces an Exploration/Drilling Update report for its Parbec deposit at the Parbec project. Drilling results incl. 8.75m @ 1.96g/t Au from 17.85m. Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pl | |
| 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 results for the first three holes drilled at Parbec in the December 2018 program, which includes 11.56 g/t Au over 1.1m in PAR-18-88 the first hole in that program. The December 2018 program was designed to test the presence of shallow mineralization with grade and continuity outside of a 50m buffer zone from the rail line, and to extend and increase the mineralized zones. Each of PAR-18-88, PAR-18-89 and PAR18-90 successfully intersected mineralization as targeted, defining shallow mineralization and expected to result in positive impact to the resource at Parbec upon recalculation. Results are still pending for the other 4 holes in the December 2018 program, these will be released once available. 11 2018), effectively in between, designed to fill in the steeply vertical mineralized zone seen on that section. This hole, with the results noted above, was a successful infill drill hole, including mineralization in two zonesintersected above a vertical depth of 90m, outside of the 50m setback from the rail line. PAR-18-89 This hole, on line 5000E, was an overcut of PAR-18-70 (intervals including 14.1m of 1.26 g/t Au and 3.7m of 3.16 g/t Au press released Feb. 26 2018), designed to expand the zones seen in the hole. PAR18-89 successfully did this, extending the mineralized zone up-dip on line 5000E as demonstrated in the assays noted above. Mineralization encountered was above a vertical depth of 75m, outside of the 50m setback from the rail line. | |
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