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Renforth Resources inc.
Summary
| Project: | Parbec | |
|---|---|---|
| Deposit: | Parbec | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/6/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-5-2020: Renforth Resources inc. announces a Resource Estimation report for its Parbec deposit at the Parbec project. Updated Mineral Resource Estimate for Project. Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN - A2H9TN) (“Renforth” or the | |
| Resources: | (Resources): 1.822Mt @ 1.78g/t Au (Ind.) & 3.122Mt @ 1.77g/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 Parbec Property, located on the Cadillac Break, in Malartic, Quebec and contiguous to the open pit Canadian Malartic 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 Renforth’s last work on the property in 2019, excluding all assay results obtained historically, or prior to 2007. Renforth has in its possession all the core from 2007 to date. “Delivering this pit constrained Mineral Resource Estimate for our wholly owned Parbec Gold property to Renforth’s shareholders is done with a great deal of satisfaction. Renforth awaits the results of our recently announced metallic screen work for Parbec and will use those, once received, in conjunction with this deposit model, to assess our next steps at Parbec. In Parbec Renforth has the luxury of being well positioned, on the Cadillac Break in Malartic Quebec, with accessible surface ounces in a rising gold market and is able to make our next moves with no outside pressures” states Nicole Brewster, President and CEO of Renforth. | |
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