Renforth Completes Sale of New Alger
Renforth Resources Inc. (CSE:RFR) (OTC PINK:RFHRF) (WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that the sale of New Alger is complete.
Tag: New Alger
Radisson to Acquire the New Alger Project and Partner with Renforth Resources Inc.
Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson”) and Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (“Renforth”) are pleased to announce that they have signed a binding agreement (the “Agreement”) pursuant to which Radisson will acquire a 100% interest in Renforth’s New Alger Gold Property (“New Alger”) and enter into a long-term strategic relationship through a 9.6% equity investment by Radisson in Renforth. The relationship aims to leverage regional synergies and unlock significant value for shareholders of both companies from one of the most prospective mining camps in the world.
Exploration Resumes on Renforth’s Copper/Silver Discovery at Malartic West
Renforth Resources Inc. (CSE:RFR)(OTC:RFHRF) (WKN:A2H9TN) (“Renforth” or the “Company”) would like shareholders to know that exploration on the Beaupré Copper/Silver Discovery on our wholly owned Malartic West Property, contiguous to the Canadian Malartic Mine Property in Malartic, Quebec, has resumed.
New Alger Surface Gold Mineralization to be Mini-Bulk Sampled
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) would like shareholders to know that July 2020 field work at New Alger has commenced. Plans for our wholly owned open pit constrained gold resource property in July 2020 are blasting a mini-bulk sample in the area of the Discovery Veins and drilling both infill and step out holes in the Discovery Veins. Please see below for more information regarding New Alger, its resource and our plans.
Renforth Identifies Surimeau Project, with ~19km Polymetallic Mineralized Trend
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) has completed our June field work successfully and is particularly impressed with the results of our initial prospecting work at Malartic West, results will be released as available.
Renforth Files Open Pit Constrained and Out of Pit Technical Reports for New Alger and Parbec Gold Deposits
Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to announce that the Technical Reports titled “Updated Mineral Resource Estimate and Technical Report on the New Alger Gold Property, Abitibi-Témiscamingue Region, Northwestern Québec, Canada” and “Updated Mineral Resource Estimate and Technical Report on the Parbec Gold Property, Malartic Township, Abitibi-Témiscamingue Region, Northwestern Québec, Canada”, both signed June 23, 2020, with an effective date of May 1, 2020, have been filed under Renforth’s SEDAR profile.
Renforth Commences Metallurgical Testing on New Alger Gold Project
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) is pleased to announce that SGS Lakefield has been retained to determine the basic metallurgical response of a sample from New Alger’s Discovery Veins to standard processing for the recovery of contained gold and silver through tests which will include Head analysis, Mineralogy, Bond index test, Gravity separation and Cyanide leaching on gravity tailing. The sample which has been submitted for analysis is approximately 30kg of reject material from channels cut by Renforth in the largest historic blast area on the Discovery Veins.
Renforth Releases New Alger Gold Mineral Resource Estimate
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 New Alger Property, located on the Cadillac Break, in Cadillac, Quebec, contiguous to the historic O’Brien Mine and the LaRonde 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 the first hole (of four in that program) drilled by Renforth at New Alger earlier this year. Renforth has in its possession all the core from 2007 to date.
Deepest Gold Zone Intersected to Date at Renforth’s Wholly Owned New Alger Gold Property in Mine Vein #3
- Deepest gold mineralization drilled to date at New Alger in REN-20-40 which intersected 6.3m of 1.46 g/t Au in the #3 vein at a vertical depth of 410m
- Mine area veins exhibit high grade nugget effect again, with the most recent interval obtained of 32.33 g/t Au over 0.4m in REN-20-39
- Mine area veins also continue to display the “halo” effect unique to the mineralization at New Alger, where alteration with a generally lower grade of gold adds width to the zone, such as REN-20-39 where Vein #1 intersected 0.71 g/t Au over a width of 17.4m, including 3.5m within this interval which graded 1.23 g/t Au.
PICKERING, ON / ACCESSWIRE / April 15, 2020 / Renforth Resources Inc. (CSE:RFR)(OTCPINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to announce results from the final three holes drilled at New Alger in February/March 2020, each of which intersected gold as anticipated in the mine area veins. This successful campaign resulted in deeper pierce points than the bulk of the previous drilling at New Alger, extending the mine area veins down dip. The mine area veins are hosted within the Piché volcanics, on the south side of the Cadillac Break. The entire mineralized system, which strikes for approximately 1.4kms on the New Alger property, is open at depth. The Cadillac Mining Camp is regarded as “essentially unexplored beyond a depth of 400 metres. The gold potential of this considerable volume of rock remains to be confirmed”, as published in The deep-seated gold potential of the Cadillac Mining Camp published in PRO 2005-02 by Géologie Quebec. This statement holds true for Renforth’s New Alger property and provides management with focus.
Renforth Commences Metallic Screen Study at Parbec
Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) would like to inform shareholders that initial test metallic screening at Parbec has returned higher coarse gold values in each sample tested. Due to these results a broader metallic screen study has commenced on our wholly owned Parbec property.