Toronto, Ontario (FSCwire) - August 31, 2016 - Renforth Resources Inc. ("Renforth") Renforth is pleased to announce the completion of the New Alger Joint Venture, resulting in Renforth assuming 100% ownership of the New Alger mining concession, subject to a 2% NSR which applies to the property.

New Alger hosts an inferred gold resource of 237,000 ounces located above a depth of 200m in the area of the former Thompson-Cadillac Mine.The Thompson-Cadillac Mine saw small-scale operation prior to the Second World War, resulting in the production of 21,000 ounces of gold at an average grade of 4.2 g/t Au. Operations, which ceased due to the war, were never resumed.Management considers the New Alger property to offer additional potential, due in part to the history of the adjacent, structurally contiguous, O'Brien Mine which operated until the 1950s with total production of more than 550,000 ounces of gold at an average grade of 15.25 g/t Au and an ultimate shaft depth of >1000m.In addition to this there is an exploration target in place associated with the 340m shaft at the Thompson-Cadillac Mine.The exploration target encompasses the area between 200m (the depth extent of the inferred resource) and 400m (the depth of the deepest drill intersection on the property which also returned gold values in the mine area). In addition to the Thompson-Cadillac Mine Area portion of the New Alger project Renforth has determined that gold is contained in the newly discovered Pontiac Vein horizon, a vein system which currently occurs in three horizons commencing within an approximately 250m wide band of ground located approximately 50m south of the Mine Area, currently traced over a length of approximately 500m.

"We are happy to have attained complete ownership of New Alger.Renforth has had a long relationship with this property, successfully putting in place the first resource statement and re-discovering the gold system in the sediments.Management looks forward to, funding permitting, being able to continue to define how much gold is contained in this 1.4 km portion of the Cadillac Break and in the Pontiac Sediments to the south with future exploration programs." states Nicole Brewster President and CEO of Renforth.

Technical information contained in this news release has been reviewed and approved by Brian H. Newton P.Geo, a qualified person pursuant to the guidelines of NI 43-101.

ABOUT RENFORTH

Renforth Resources Inc. is a Toronto-based gold exploration company with interests in two of Canada's gold exploration camps.In the Cadillac-Malartic Gold Camp, the Company holds the New Alger project, with an inferred resource of 237,000 ounces of gold above a depth of 200 metres contained in 3,505,000 tonnes with a grade of 2.1g/t Au using a cut-off of 0.75 g/t Au (see press release July 17, 2014) as calculated by Brian H. Newton P.Geo and Philip Burt P.Geo, which is located on the Cadillac Break outside of Cadillac, Quebec and an option to purchase 100% of the Parbec Property from Globex Mining Enterprises Inc. (GMX-TSE), a historically identified gold occurrence with more than 100 drillholes completed and a ramp into the mineralization in place located outside of Malartic, Quebec, contiguous to the Canadian Malartic open pit mine.In Ontario, the Company has a 100% interest in the Nixon-Bartleman project, located on the Porcupine-Destor fault in the West Timmins Mining area, another historic gold occurrence with a couple of old shallow pits onsite and a history of past drilling which has not yet defined the gold occurrence.

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.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Renforth08312016.pdf

Source: Renforth Resources Inc. (CSE:RFR)

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