Renforth Concludes Successful Prospecting Program at Parbec
Renforth Concludes Successful Prospecting Program at Parbec
New Release Highlights
- Gold bearing magnetic diorite system intersected on surface south of Cadillac Break
- Historically mapped diorite body proven gold bearing
- Mineralized historic trenches re-discovered in extreme NW of property
- Additional gold-bearing sample obtained in “Island Trenches” discovery area
Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to share results obtained during our recent surface prospecting program at Parbec, where we met our main objective in the program, locating the historically mapped diorite body and determining it to be a gold bearing magnetic diorite. Historic trenches in the NW of the property were also re-discovered during a prospecting traverse, the porphyry within these returned gold grades. These trenches are located on strike ~370m from the western edge of the 2016 Parbec Resource and ~190m from the westernmost hole in the recent drilling, PAR-18-80. The Island trenches were revisited and sampled, returning gold. Samples obtained in each location demonstrate the presence of mineralized gold systems.
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2018 Spring Parbec Prospecting Sample Highlights
|
Description |
Sample |
Type |
Assay |
|
Weakly silicified leucodiorite, non-magnetic, 5% medium disseminated pyrite |
1408902 |
Grab |
1.04 |
|
Magnetic, massive diorite, 5% medium disseminated pyrite |
1408908 |
Grab |
0.55 |
|
Quartz feldspar porphyry with quartz-tourmaline veining and mixed sulphides |
1408963 |
Grab |
0.54 |
|
Quartz feldspar porphyry with quartz-tourmaline veining and mixed sulphides |
1408964 |
Grab |
0.58 |
|
Quartz feldspar porphyry with quartz-tourmaline veining and mixed sulphides |
1408966 |
Grab |
0.38 |
|
Potassium-altered magnetic diorite with tourmaline veining |
1408971 |
Channel |
0.36 |
|
Silicified intermediate volcanics with quartz veining, fine disseminated pyrite |
1408985 |
Grab |
4.52 |
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.
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Source: Renforth Resources Inc. (CSE:RFR)
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