Toronto, Ontario (FSCwire) - Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to announce that Eagle Geophysics of Sorel, Qc has been retained to fly a helicopter borne high resolution Quadri-Mag, VLF and AFMAG Survey over our New Alger project which hosts both the Thompson-Cadillac Mine Area maiden resource and the Discovery Veins gold system.
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About New Alger
New Alger hosts the former Thompson-Cadillac Mine on the Cadillac Break portion of the property, where there is a maiden 43-101 resource in place from surface to a depth of 200m. Approximately 250m south of this area the Discovery Vein system is located, a surface gold occurrence stripped over 230m of a 450m surface expression. Within the stripped area a bulk sample target has been identified which could be processed in order to get a better determination of the gold content as free gold is present in that system and contributes to a nugget effect.
The geophysics program will cover the entire property, including the recently staked claims. This recent staking was done in order to acquire ground which was determined by the company to be interesting based upon the one government survey available for the area. The Eagle Geophysics survey will offer better coverage, with more data, for the known areas of known gold mineralization and the structures of interest in the new claims. This includes examination of a potential strike extension of the Discovery Vein system seen in the government survey and to provide better detail within the mine area’s ~1.4km strike in the Cadillac footwall. Additionally the area between these two occurrences, and slightly to the south of the Discovery Veins, which Renforth has identified as the limit of the Cadillac Deformation Zone, will benefit from greater survey detail which will be obtained and combined with existing drill and surface information to aid in interpretation and follow up exploration.
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Mark Wellstead P.Geo, OGQ Special Authorization #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.
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 the associated document to this release, please click on the following link:
public://news_release_pdf/Renforth03012018.pdfTo view the original release (with media), please click here
Source: Renforth Resources Inc. (CSE:RFR)
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