Renforth Establishes Surimeau's Lalonde Polymetallic Battery Metals Mineralization Strike at 2.4km

2022-05-31 / @thenewswire

(TheNewswire)

Current fieldwork discovered surface battery metals sulphides within the northern magnetic structure hosting Lalonde, co-incident with EM anomalies, over 2.4km in E/W strike length
Lalonde, within Renforth's 330 km Surimeau District Property, is located ~3.7km north of the Victoria West mineralization previously drilled by Renforth over 2.2 km in E/W strike length
Lalonde has delivered one of Surimeau's best visually mineralized samples, at 50-80% disseminated sulphide (pyrite and sphalerite) with rare coarse pyrite clots within albitized ultramafic rock, visually similar to material channel sampled within the stripped area at Victoria West
Prospecting success validates the accuracy of EM anomalies indicating the presence of sulphides within magnetic structures at Surimeau

May 31, 2022 – TheNewswire – Ontario, Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is pleased to announce that the Lalonde polymetallic "battery metals" mineralization has been extended to the east by ~1.7km and to the west by ~400m by surface sampling of EM anomalies located on the magnetic structure, bringing Lalonde's strike length to ~2.4km and concluding work at Lalonde in the current program.

"I am happy to report to shareholders that the detailed mag and EM survey we flew over the Victoria structure and the main part of the Lalonde showing at Surimeau successfully shows us the presence of sulphide mineralization within the magnetic structures, as proven by our prospecting work delivering visual mineralization when bedrock outcrop was able to be located by our field team. Now we will wait for the assay results to accompany our visuals and will shortly be planning our next round of field work at Surimeau, to continue building value at Quebec's newest polymetallic battery metals property" states Nicole Brewster, President and CEO of Renforth.

LaLonde Location Within Surimeau

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History of Lalonde

Renforth, with our focus to date on the Victoria West area and the Victoria magnetic structure, has only done limited work at Lalonde. Like Victoria West, Lalonde was discovered in 1943 during the construction of the powerline for the Rapide Sept generating station south of Surimeau, which in both instances revealed surface mineralization. A total of 2318m was drilled at Lalonde in 1958 and 1968 in 23 drillholes, these were assayed for copper, nickel and zinc, revealing the presence of mineralization. Later drilling took place to the east and northeast of Lalonde; however, these holes were only assayed for gold. At Lalonde, Renforth previously took 34 grab samples during prospecting in 2020 and 2021, each sample demonstrates the presence of elevated copper, nickel, and zinc. The best grab sample results include the highest nickel result, 0.2% Ni, 578 ppm Cu and 785 ppm Zn. This sample is of a silicified sediment with coarse patches of 10-15% sulfide disseminations. In addition, the highest zinc result was 0.56% Zn, 565ppm Cu, 143.5 ppm Ni as well as 3.37 g/t Ag. This sample is of a mineralized rhyolite with coarse stringers of sphalerite and pyrite with approximately 10% sulfide overall. Renforth's prior results from Lalonde are similar to results received from Victoria West. At Surimeau, Renforth interprets the Victoria West/Colonie/Lalonde mineralization to be an "Outokumpu" model of mineralization. Renforth theorizes that ultramafic units were brought into contact with a pre-existing, VMS-fertile stratigraphy providing sulphur to allow for the crystallization of Ni hosting pentlandite alongside the volcanogenic sulphides.

The Outokumpu model is named after a mining district in eastern Finland, a district that has hosted several operating mines in the last 150 years. Current theories suggest that the deposits were formed in two stages. Firstly, conventional “Volcanogenic Massive Sulphide (VMS)” deposit type was created by hydrothermal vents on the sea floor, followed by a tectonic event where ultramafic rocks from the oceanic crust were thrust-faulted into contact with the sedimentary units. These ultramafics commonly carry nickel within silicate minerals in the absence of adequate sulphur in their original magma. During these tectonic events, hydrothermal processes in the faulted contact areas allowed sulphide in the sediments to interact with the ultramafics, permitting the nickel to remobilize and recrystallize in sulphide minerals (pentlandite, pyrrhotite) and thereby adding nickel to the mix of metals carried by the sulphides.

Lalonde Prospecting Map

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Lalonde Grab Sample

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Renforth has submitted more than 400 grab samples to the lab in the current program to date. Results will be used to determine follow up locations for hand stripping/channel cutting across the property, as well as to aid in planning future drilling at Surimeau. Results will be released once available however, assay turn-around is still measured in months, not days. Renforth benefits from the sulphides found at Lalonde, Victoria West and Colonie being visual in the samples.

Surimeau Magnetic Survey and EM Anomalies for Lalonde, Victoria West and Colonie

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Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo (OGQ#2129), a “qualified person” pursuant to NI 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

#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9

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About Renforth

Renforth wholly owns the ~330 km2 Surimeau District Property, which hosts numerous areas of polymetallic and gold mineralization, each with various levels of exploration, as well as a significant amount of unexplored ground. Victoria West has been drilled over a strike length of 2.2km, within a 5km long mineralized structure, proving nickel, copper, zinc and cobalt mineralization, in the western end of a 20km magnetic anomaly. The Huston target, during initial reconnaissance, resulted in a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4 g/t Ag. In addition to this the Lalonde, Surimeau and Colonie Targets are all polymetallic mineralized occurrences which, along with various gold showings, comprise the areas of potential of this NSR free property.

In addition to the Surimeau District battery metals property Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. In 2020/21 Renforth completed 15,569m of drilling which successfully twinned certain historic holes, filled in gaps in the resource model with newly discovered gold mineralization and extended mineralization deeper. Based upon the success of this significant drill program the Company considers the spring 2020 MRE, with a resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au to be out of date. With the new data gained Renforth will undertake to complete the first ever structural study of the mineralization at Parbec, as well as additional total metallic assay work in order to better contextualize the nugget effect on the gold mineralization.

Renforth also holds the Malartic West property, the site of a copper/silver discovery, and Nixon-Bartleman, west of Timmins Ontario, with gold present on surface over a strike length of ~500m.

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.