Renforth at Surimeau
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.
Tag: Quebec
Renforth’s Surimeau Interpreted to Be a Large-Scale Sulphide Nickel System
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that Renforth’s wholly owned Surimeau Project has been interpreted to host a large scale sulphide nickel/PGE system associated with ultramafic rocks and, at the same time, a VMS system. Evident in regional mapping are two trends, the south and the north, comprised of well-defined volcanic “slivers” composed of interlayered sequences of mafic to felsic volcanics and possibly tuffs injected by ultramafic sills. In the south this system is interpreted as striking for ~20kms, in the north it is interpreted to strike for ~30kms, with the thickness seen on surface varying between 0.5 and 1.5 kms.
Take the Money and Drill
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 Completes First 1000m Drilling at Parbec
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 Commences 7,000m Drill Program on Parbec Gold Property
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.
Cha-Ching: Renforth Resources in the Money
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.
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.
Eloro Resources Ltd. Commences Trading on OTCQX
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce it has qualified to trade on the OTCQX® Best Market. Eloro upgraded to OTCQX from the Pink® market.
Renforth Resources: The Art of the Deal
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).
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.