Press releases laden with geological detail and largely opaque to the lay reader are an unfortunate necessity in the junior exploration business. After all, geology is what it is all about.
To be fair, Nicole Brewster is the only CEO who makes me laugh. Which is why I very much like the “can do”, “situation normal” attitude she brings to Renforth Resources. Her press release today announcing the first 1000 meters of drilling at Renforth’s Parbec property was, as it should be, a sober recitation of material facts.
Renforth Resources Inc. (CSE:RFR)(OTC US:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that the 1000m drilled mark has been crossed for the Fall 2020 drill program at Parbec, expected to consist of ~7200m, with the three drill holes completed to date as follows;
Renforth Resources Inc. (CSE:RFR)(OTC:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that the Fall 2020 drill program on Renforth’s wholly owned Parbec Gold Property, with its NI 43-101 open pit constrained gold resource estimate of an indicated 104,500 oz Au at a grade of 1.78 g/t and an inferred 177,300 oz Au at a grade of 1.77 g/t (press release May 6, 2020), has commenced. This program consists of 26 planned holes totaling 7261m, commencing this week with the mobilization of the drill and technical staff to Parbec.
Renforth CEO Nicole Brewster’s notes to her shareholders are always a treat. Clear, often hilarious and full of useful information. The note accompanying the Press Release confirming the close of the sale of Renforth’s New Alger property on the Cadilac Break in Quebec to Radisson.
In the junior resource world there is a model where a company takes a piece of ground, works on sampling, mapping and drilling and then sells the ground at a profit. It is a great model but it is rare for a company to actually be able to execute. Nicole Brewster, CEO of Renforth Resources (V.RFR), got the job done with the sale of Renforth’s New Alger project to Radisson Mining Resources (V.RDS).
Renforth Resources Inc. (CSE:RFR)(OTC US:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to let shareholders know we have completed our drill program at New Alger, with a combined total of 1782m drilled in 9 holes, on both the Discovery Veins and in the mine area, as illustrated and described below. Each of these holes has been logged and sampled, in some instances for the entire hole. Generally speaking Renforth views this drill program as a success, with each hole encountering all of the “ingredients” required for the presence of gold, such as biotite or sericite alteration, pyrite and arsenopyrite. Logging is complete, sample splitting and preparation is ongoing, deliveries to the lab have also commenced. Sample results will be released once assays are received.
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to let shareholders know that visible gold was observed in several instances within the areas of the blasting work recently completed on the Discovery Veins. Location details are presented below. 1815 lbs. of representative material, in 100lb rice bag samples, comprised of randomly selected blast rubble and fine material taken from the bottom of each pit, has been sent to SGS Lakefield for test work which will include grindability tests, gravity concentration tests and gold recovery tests for each pit.
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to share with shareholders our success at Parbec with the beep mat survey, which extends our initial diorite splay Discovery Sampling (see press release June 26, 2019) to a strike length of approximately 100m, supported by gold in surface channels, including 2.35 g/t Au over 0.55m, detailed below, and other anomalies highlighted by our initial, very limited, beep mat survey at Parbec.