Visible Gold in Parbec Drillhole in Renforth’s Completed January 2018 Program
Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to announce the completion of the January 2018 drill program on our Parbec gold resource property where 1619 metres were drilled in 7 drillholes and 886 samples selected for assay. This follows the December 2017 drill program, recently reported on, where 7 holes were drilled in 1265 metres with each drillhole intersecting gold and located outside of the existing Parbec 43-101 Resource Statement model.
The January 2018 drill intercepts are depicted in blue below, the December 2017 in red, against a tuff horizon from the Resource model (March 2016). In hole PAR-18-73 a small fleck of visible gold was observed within a narrow white quartz vein in the Porphyry. The quartz vein is one of a series that are healing fractures, evidence of a significant structural brecciation event allowing mineralized fluids to permeate the competent porphyries in this area.
“It is always exciting to get visible gold when we are drilling, while entirely unexpected the visual does offer immediate validation for the work we are doing at Parbec, along with our successful December results. We look forward to receiving our assay results for the January drilling, the holes are also outside of our resource model and over only a portion of the Cadillac Break strike on the property,” states Nicole Brewster, President and CEO of Renforth.
To view the graphic in its original size, please click here
Renforth will be exhibiting on Tuesday March 6 and Wednesday March 7 2018 at the Prospectors and Developers Association of Canada (PDAC) annual convention in booth #2223B where we will have examples of drillcore from Parbec, New Alger and channel sample material from the Discovery Veins at New Alger which you are welcome to come and see.
Mark Wellstead P.Geo, OGQ Special Authorization #388 of Minroc Management is a “qualified person” pursuant to the guidelines of National Instrument 43-101 and has reviewed and approved the technical disclosure in this press release.
Le présent communiqué est disponible en français sur la page web de Renforth.
1”Report on the September-October 2017 Stripping Program at the Discovery Veins Gold Occurrence, New Alger Property, Abitibi-Temiscamingue, Quebec for Renforth Resources Inc.” Prepared by Mark Wellstead MGeol P.Geo, OGQ Special Authorization #388, Brian H. Newton P.Geo, Francis Newton BSc, GIT, January 26, 2018
For further information please contact:
Renforth Resources Inc.
President and Chief Executive Officer
#200 – 65 Front St. E, Toronto, ON M5E 1B5
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.
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Source: Renforth Resources Inc. (CSE:RFR)
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