Ms. Nicole Brewster reports

RENFORTH COMMENCES COPPER EXPLORATION AT BEAUPRE, COMPLETES NICKEL EXPLORATION AT MCCART

Renforth Resources Inc. has informed shareholders that the fall 2023 exploration program at Surimeau has commenced, with stripping of the Beaupre copper discovery. Drilling is planned for the central portion of the Victoria mineralized horizon; it is anticipated that the program will start later this month.

Stripping has commenced on the wholly owned Beaupre copper discovery, in the northeast part of the Surimeau property, approximately three kilometres from the Cadillac break, to expose more of the mineralized shear discovered and sampled on surface over 165 metres. Renforth has completed an initial prospecting program on the wholly owned McCart nickel property near Timmins, Ont., with successful visual identification of nickel and copper mineralization in the field. Parbec Gold deposit remodelling utilizing the approximately 15,000 metres of drill hole data generated subsequent to the May, 2020, National Instrument 43-101 mineral resource estimate has commenced. Surimeau August, 2023, pegmatite prospecting results are still awaited.

Beaupre was discovered near a lumber road in the northeast part of the Surimeau property by SOQUEM, which obtained an 8-per-cent-copper grab sample, which Renforth verified with a 3.59-per-cent grab sample. Grab samples are specific and preferentially selected and therefore not representative of the entirety of the vein-hosted mineralization, which occurs as vein-hosted copper mineralization in chalcopyrite and bornite over 165 metres on surface, where it disappears into overburden. The Beaupre discovery is a greenfield discovery, located close to the regional Cadillac break structure, with no historical record or geophysical signature in available surveys; however, there is evidence of very old blasting activity. Renforth will wash the exposed shear zone and remove overburden along strike and in a crosscut to better characterize what Beaupre is and identify parallel veins, if any, that occur within the stripped crosscut.

McCart nickel prospecting program complete

Renforth's geologists completed an initial prospecting campaign at the McCart property, located near Iroquois Falls, Ont. The property contains three bands of northeast-southwest-trending broad ridges; these can be divided into the north, south-central and south parts of the property. Numerous traverses were carried out targeting these ridges using satellite photos to identify potential outcrop locations. The northern bands comprise ultramafic and mafic volcanics with locally up to 5 per cent coarse clots and disseminations of pyrrhotite and pyrite stronger in the ultramafic. The south-central ridges comprise intercalated ultramafic and mafic volcanic lenses. Numerous outcrops contained narrow quartz-albite stringers, one of which contained a coarse clot of chalcopyrite and bornite. The southern part of the property hosts a third series of broad northeast-southwest-trending ridges comprising primarily pillowed basalts and narrow interlayers of ultramafics. Numerous small historic blast pits were identified in this area. All of the pits contained veins of serpentinite with chrysotile along fractures and pillow selvages.

Samples were selected in the field and have been submitted for assay; results will be reported when received.

Parbec gold deposit update

Renforth has retained Martin Demers, PGeo (OGQ), to remodel the Parbec deposit using the results of the approximately 15,000 metres that were drilled subsequent to the 2019 mineral resource estimate for Parbec.

This process is at an approximately halfway point; to date, Mr. Demers has interpreted a hinge fold in Pontiac, which allowed the emplacement of diorites, associated with the higher-grade gold at Parbec. The hinge fold is part of a new structural interpretation of the Parbec gold deposit, which includes observations and modelling to better understand and predict the location and geometry of gold zones at Parbec.

Mr. Demers is working on horizontal plans; this point of view helps to understand the true orientation of gold lenses, helped by the tight and regular drill pattern at Parbec, especially within the first hundred metres from the surface. This modelling is being done in order to understand the geometry of the Parbec gold deposit and identify strike and downdip extensions of the mineralized zones.

The use of level plans highlights the presence of flat-lying and offset lenses, which thicken. This is different from the mineral resource estimate model, which used vertical cross-sections, perpendicular to the Cadillac break, which influences the model created. Upon completion of this remodelling, the resultant information will be available on Renforth's website.

Surimeau prospecting update

Renforth is still awaiting receipt of all the assay results from the pegmatite prospecting campaign (which discovered new mineralization north of Lalonde), which took place in August, 2023. When complete, the data will be forwarded to Dr. Selway for interpretation of the results and released to the public thereafter.

About Renforth Resources Inc.

Renforth is a battery metal area play with the dominant brownfield land position south of the world-class Cadillac/Larder Lake fault (CLLF) in the prolific Cadillac and Malartic mining camps of Quebec's Abitibi region. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth's land position encompasses several areas of interest.

Renforth's position is unique in that both the battery metal mineralization at Surimeau and the company's gold deposit at Parbec are road accessible, with hydro power crossing the properties, in an established and secure mining jurisdiction that regularly ranks as top 10 (as determined by the Fraser Institute) in the world.

Renforth is engaged in the active exploration of the proven Surimeau battery metals mineralization, working toward a maiden resource statement, and the remodelling of its Parbec gold deposit to incorporate the approximately 15,000 metres drilled subsequent to the 2019 effective date of the last mineral resource estimate.

Technical disclosure in this press release has been reviewed and approved by Francis R. Newton, PGeo (OGQ), a qualified person pursuant to NI 43-101.

We seek Safe Harbor.