In this InvestorIntel interview during PDAC 2023, Tracy Weslosky talks with Nicole Brewster, CEO and President of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF) about the Company’s 330 km2 Surimeau District Property in northern Quebec, Canada. The property has good access to road and hydro-electric power.
Nicole says Renforth has a “spectacular battery metals property” in Quebec and the property has “29 kilometers of mineralization” with one section being a continuous 20 kilometers of strike length. Key metals along the 20-kilometer mineralization include nickel, cobalt, and platinum group elements. The Property also has VMS fingers with zinc, copper, silver, and gold.
Nicole states there is a lot of mineralization yet to be drilled and that “we will be drilling in a couple more weeks”. Answering the question of what sets Renforth Resources apart, Nicole says: “We are ultra active, we are in the field, we are putting the money in the ground.” She also says: “The time is definitely now, we are brownfield, we are beside Canada’s largest open pit gold mine, mineralization is on surface, we will build an open pit.”
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About Renforth Resources Inc.
Renforth is focused on Quebec’s newest battery metals district, our wholly-owned ~330 km2 Surimeau District Property, which hosts several known areas of polymetallic “battery metals” mineralization, each with various levels of exploration, as well as a significant amount of unexplored ground. Victoria West has been drilled over a strike length of 2.2km, within a 5km long mineralized structure, proving nickel, copper, zinc, and cobalt mineralization, in the western end of a 20km magnetic anomaly. The Huston target, during initial reconnaissance, resulted in a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4 g/t Ag. Additionally, the Lalonde, Surimeau, and Colonie Targets are all polymetallic mineralized occurrences which, along with various gold showings, comprise the areas of potential of this NSR-free property.
In addition to the Surimeau District battery metals property Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. In 2020/21 Renforth completed 15,569m of drilling which successfully twinned certain historic holes, filled in gaps in the resource model with newly discovered gold mineralization, and extended mineralization deeper. Based upon the success of this significant drill program the Company considers the spring 2020 MRE, with a resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au to be out of date. With the new data gained Renforth will undertake to complete the first-ever structural study of the mineralization at Parbec, as well as additional total metallic assay work in order to better contextualize the nugget effect on the gold mineralization.
Renforth also holds the Nixon-Bartleman property, west of Timmins Ontario, with gold present on the surface over a strike length of ~500m.
To learn more about Renforth Resources Inc., click here.
Disclaimer: This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.
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