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Renforth Resources Inc (2)
Symbol RFR
Shares Issued 106,310,829
Close 2018-06-05 C$ 0.045
Market Cap C$ 4,783,987
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Renforth Resources contracts Eagle for Parbec survey

2018-06-06 10:37 ET - News Release

Mr. Nicole Brewster reports

RENFORTH UNDERTAKES AIRBORNE SURVEY AT PARBEC

Eagle Geophysics, of La Sarre, Que., will fly a tightly spaced heli-mag survey over Renforth Resources Inc.'s Parbec property to acquire detailed data to aid in continuing deposit interpretation. This survey will be about 125 flown line kilometres at 25-metre line spacing, better than available single mag channel geophysics flown at 100 m line spacing. Eagle Geophysics uses its proprietary White Eagle Quadri-MAG high-precision airborne equipment -- the ultrawide horizontal and vertical gradient allows the mapping of subtle changes in rock properties, a greater level of detail than existing geophysics. This is required to better constrain the 3-D modelling of the various lithologies and allow the use of artificial intelligence/predictive geology at the deposit and property scale.

Prospecting and relogging completed (Parbec)

Prospecting completed at Parbec successfully located outcrop south of the Cadillac Break, several of which contained quartz veining, and grab and channel samples were taken. Samples have been submitted for assay. In addition the crew has relogged certain unsampled core from 2010 Savant drilling at Parbec which may have intersected the newly identified magnetic diorite body, and samples were selected and submitted for assay.

Quartz-tourmaline veins were found in outcrops of a strongly magnetic diorite; the vein walls are silicified and carry coarse pyrite. Numerous veins were identified in outcrop in two areas, while a third area contains mineralized vein float, interpreted to be from a very local source. Two of these locations lie outside the Parbec drilling envelope, while the veins in the third location have a crosscutting habit which would not have been picked up by historic drilling. Channel samples were taken from the two outcrop locations and grab samples were taken from the float location.

Several other sets of quartz veining within diorites, leucodiorites and sediments were also discovered and were all sampled. Another notable find is a series of historic trenches that expose mineralized porphyry units; these may be on strike of the main Parbec zones and lie well beyond any drilling.

The technical information in this press release was reviewed and approved by Francis Newton, PGeo, and Mark Wellstead, PGeo, both meeting the requirements of a qualified person pursuant to National Instrument 43-101.

Renforth has issued 3.55 million options to directors and consultants of the company, exercisable at five cents for a period of five years, and has cancelled 1,675,000 options.

We seek Safe Harbor.

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