Renforth Encounters Visible Gold in Parbec Drill Program
Toronto, Ontario (FSCwire) – Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to announce the completion of a 1403m drill program on the Parbec property consisting of 6 drillholes, the 5th of which encountered visible gold in quartz veining.
In this program Renforth drilled 2 holes to the south, the 1st and 5th holes, away from the Break, for the first time. This was done in order to, in the case of the 1st hole, target the gold-bearing felsites identified by Renforth in the area of the ramp collar, the 5th hole was designed to provide up-dip information in a data void above 2 older drillholes, exploring for extensions of gold intersections in viens in the Pontiac sediments.
PAR-18-86 is interpreted as intersecting the edge of a quartz vein with visible gold, as shown in the picture below. The nature of the intersection raises the possibility that the vein is running perpendicular to the Cadillac Break, an interpretation supported by geological and geophysical data, making the vein more difficult to intersect with drilling also running perpendicular to the Cadillac Break. As such Renforth is pleased to have the intersection and is re-evaluating the Parbec model taking into consideration the occurrence of veining paralleling our drilling to date.
PAR18-86 Core photo
To view the graphic in its original size, please click here
Renforth’s Parbec Drilling, July 2018 in Red/Yellow
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Renforth will release assay results for this drill program as they are available.
Technical Information in this press release has been reviewed and approved by Francis Newton P.Geo, a “qualified person” pursuant to the guidelines of 43-101.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com
#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.