Ms. Nicole Brewster reports

RENFORTH IDENTIFIES BULK SAMPLE TARGET ON NEW ALGER'S DISCOVERY VEIN GOLD OCCURRENCE

Renforth Resources Inc.'s stripping work completed in the fall of 2017 has identified an approximately 565-square-metre bulk sample target area with an average grade of 0.76 gram per tonne gold located in two veins. This target area is located within the stripped 230 metres of the known approximately 450-metre strike of the Discovery vein horizon, located approximately 250 metres south of the Thompson-Cadillac mine area.

"The Discovery vein work is the foundation from which we are pursuing a re-examination of the New Alger property and the relationship between the veins, the mine area and the Cadillac break. We know we have approximately 450 metres of Discovery veins, with longer strike suggested by geophysics, and a crosscutting fault that joins the mine area and the veins, with similarities between the two. Our wholly owned New Alger property and its 1.4 kilometres of the mineralized Cadillac break has become much more interesting with this similar joined structure whose extent is not yet defined," stated Nicole Brewster, president and chief executive officer of Renforth.

Discovery vein stripping program

In 2013, fieldwork led to the discovery of a set of blasted trenches, dated to the original property discovery in the 1920s, on a blue quartz vein network located in the Pontiac sediments south of the mine. This veining is visually similar to veins closely associated with gold mineralization in the Thompson-Cadillac mine area deposit with comparable dip and strike. Initial sampling returned a range of values at surface up to 3.11 grams per tonne gold over 0.7 metre. Follow-up work in 2014 discovered a second vein exposure 120 metres east; initial surface sampling returned values as high as 12.33 grams per tonne gold over 0.7 metre. The 2017 stripping program was planned to join these exposures and explore the area along strike. The resulting 230-metre exposure was chipped, stripped, washed, drone surveyed and mapped in detail. North-south channels were cut every 10 metres across the entire east-west strike, covering all the ground exposed, whether seemingly mineralized or not; in mineralized areas, channels were approximately five metres apart. Additional channels were cut over parallel exposed veins outside of the main stripped area. The channel sampling done was deep and wide enough to result in a volume of material comparable with drilling PQ-diameter core horizontally on the surface. A property-wide geological interpretation has been commenced with the resultant data, as well as thin-section analysis and comparison with thin-section work done on deposit area core. Findings of those initiatives will be released once available.

Discovery vein bulk sample target

Most of the samples taken were located within an east-west band of chloritization and alteration within the sediments, an area that correlates with both historical blasting and historical underground development work from the 300-foot level of the mine, for which no detailed records exist. Many of the samples correlate with visual sightings of fine native gold and modest arsenopyrite mineralization. Unlike at the Thompson-Cadillac mine, the arsenopyrite does not seem to be a significant gold reservoir. All of the higher assaying samples contained quartz or quartz-carbonate veins or veinlets. As Renforth has identified the presence of free gold/nugget effect and has significant material from the sampling program still on hand after the initial lab analysis, management is considering amalgamating this material for metallurgical test work in order to get a more representative gold grade for the identified area prior to bulk sampling.

Geological interpretation

A high-level geological reinterpretation of the mine area deposit, the Discovery vein showing and other known gold mineralization of the property, and any potential relationship between all of these, is currently continuing.

A detailed geological description is as follows, excerpted from the recently filed work report for the program.

Structural controls on mineralized veining

Martin Demers's interpretation discerned three distinct generations of veining:

1. An early, grey quartz-albite pegmatitic vein set;
2. The mineralized blue-grey quartz vein system, with rare tourmaline;
3. A later white quartz overprint.

The blue-grey vein set is contained within a high-strain, chlorite-biotite-altered zone, with a thickness of about two to five metres, and is generally bounded on at least one side by detachment faults or shears. These detachments are subparallel to foliation and can be seen to follow both fold axes and fold limbs at outcrop scale. Mafic sills, in the order of 10 centimetres to 30 centimetres thick and altered to a chlorite-carbonate schist, follow these detachments and can be traced over 60 metres to 70 metres. It is unclear if the stripped area exposes a single high-strain zone with local displacements, or an en echelon system with multiple zones. The system is tentatively visible in 2014 ground magnetic survey data.

Crosscutting fractures and faults have a strong influence on the width of blue-grey quartz vein set; in at least two instances, blue-grey veining becomes considerably better developed on the immediate west wall of subvertical crosscutting faults (in the blowout area plus in the centre of the stripped area). These may simply represent vertical displacement, or there may be an active control on vein emplacement -- for example, through dilation on one side of the fault. This relationship appears to hold true in the main New Alger deposit in the Piche group, as tentatively revealed in historical Thompson Cadillac mine plans available to Minroc. When dips and strikes are compared on stereonet and rose diagrams, it can be seen that crosscutting structures at the Discovery veins have a broadly comparable attitude to known crosscutting structures in the Cadillac break on nearby properties. Any genetic or spatial relationship that exists between gold mineralization along the Cadillac break should therefore also hold true on second-order structures within the Pontiac group.

Renforth has issued a total of 2.35 million options with a strike price of five cents to directors, management and consultants of the company.

Mark Wellstead, PGeo, OGQ special authorization No. 388, of Minroc Management is a qualified person pursuant to the guidelines of National Instrument 43-101 and has reviewed and approved the technical disclosure in this press release.

We seek Safe Harbor.