04:13:16 EST Sun 09 Nov 2025
Enter Symbol
or Name
USA
CA



Renforth Resources Inc (2)
Symbol RFR
Shares Issued 340,736,118
Close 2025-10-16 C$ 0.025
Market Cap C$ 8,518,403
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Renforth to resume Parbec chipping, overburden removal

2025-10-16 17:44 ET - News Release

Ms. Nicole Brewster reports

RENFORTH COMMENCES STRIPPING ON PARBEC GOLD DEPOSIT TARGETING SURFACE GOLD CHANNEL ASSAYING 1.43 G/T AU OVER 12.2M

Renforth Resources Inc. has informed shareholders that exploration activities will resume on Saturday, Oct. 18. Work will include chipping and the removal of overburden on its wholly owned Parbec gold deposit, within the area of the open pit proposed in its May, 2025, mineral resource estimate for Parbec. This work will specifically target the 12.2-metre channel grading 1.43 grams per tonne on surface, as well as any additional surface extensions of gold mineralization.

Following the completion of the chipping and overburden removal, the newly exposed surface will be prospected, mapped and sampled as appropriate. Stripping activities will extend across and perpendicular to the diorite splay, a feature known to host gold mineralization at Parbec. The diorite splay is interpreted as a possible hinge fold in the Pontiac sediments, which may have served as a conduit for mineralized fluids to interact with the Cadillac Break. In addition, Renforth will continue investigating the presence of mineralized structures oriented perpendicular to the Cadillac Break, consistent with features identified in previous drilling.

Renforth will be attending the GCFF Annual Wealth Conference in Richmond Hill, Ont., at the Sheraton Parkway Toronto North Hotel on Saturday, Oct. 18, presenting at 3:40 p.m.

Renforth is undertaking to raise a maximum of $500,000 through the sale of units priced at two cents. Each flow-through unit will consist of a flow-through share and a half of one warrant. Each whole warrant can be exercised for 24 months into a common share at a price of five cents per warrant. Each common share unit will consist of one share and one full warrant. A full warrant can be exercised for a period of 24 months into a common share at a price of five cents per warrant.

About the Parbec gold deposit

Renforth's wholly owned Parbec gold deposit sits on approximately 1.7 kilometres of strike of the Cadillac Break, arguably one of Canada's deepest and most productive gold structures. Renforth's geological modelling has demonstrated that Parbec contains gold mineralization within the break, to the north of the break within the volcanics and crosscutting the break into the unexplored Pontiac sediments on the south side of the break. The occurrence of gold in the Pontiac sediments in the general area has only recently been recognized. This includes the extension of the Sladen fault, which the neighbouring Canadian Malartic pit was built around, extending into the sediments and the Barnat and East Malartic discoveries within the Canadian Malartic pit on the eastern side. Similarly, the Discovery vein discovery made by Renforth on the formerly held New Alger project was located within the sediments, just south of the break.

Mineralization at Parbec, which starts on surface and is almost entirely enclosed within a whittle pit, is open on strike in both directions and at depth. The pit does not extend below a depth of 300 m on a very deep structure. In addition, mineralization within the deposit model has not been brought to surface, due to a need for precision surveying, which will be undertaking as part of the newly commenced surface exploration at Parbec.

The technical contents of this press release have been reviewed and approved by Francis Newton, PGeo, OGQ, Renforth's consulting senior field geologist, a qualified person pursuant to the requirements set out in National Instrument 43-101.

We seek Safe Harbor.

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