08:15:35 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Renforth Resources Inc (2)
Symbol RFR
Shares Issued 340,736,118
Close 2026-01-05 C$ 0.02
Market Cap C$ 6,814,722
Recent Sedar+ Documents

Renforth talks financing, awaits assays, plans drilling

2026-01-05 17:01 ET - News Release

Ms. Nicole Brewster reports

RENFORTH ISSUES UPDATE

Renforth Resources Inc. has informed shareholders of the corporate and exploration activities under way.

Highlights

Financing

  • $200,000 in flow-through funds was raised in December;
  • The final closing(s) of non-flow-through funds, pursuant to the terms previously announced, will occur on or prior to Jan. 16.

Victoria polymetallic deposit

  • Assay results for platinum and palladium are awaited;
  • Permitting under way for drilling on the Victoria initial inferred polymetallic open pit deposit in Quebec, target is to have drills turning in February.

Annual general meeting

  • Held on Dec. 15, all matters before the meeting passed.

Flow-through financing completed

Renforth has raised $200,000 in flow-through funds by the sale of shares priced at two cents per share, issued on a flow-through basis. The use of proceeds of these funds is to drill on the company's Victoria polymetallic deposit near Malartic, Que. It is anticipated that there will be at least one additional closing for the sale of common share units, the final closing will be on or before Jan. 16, 2026.

Victoria nickel sulphide polymetallic open pit deposit

Platinum and palladium assays -- As previously announced, 99 witness core samples have been selected by Renforth's geologists and submitted for platinum and palladium analysis, with results expected this month. Samples selected were selected from lithologies and zones anticipated to contain Pt (platinum) and Pd (palladium) mineralization, as well as from lithologies expected to be unmineralized, allowing for the exclusion of unmineralized lithologies in the future. Previous testing of 16 samples has demonstrated that platinum and palladium are present within the mineralized ultramafic package. With this and future assaying these metals should be included in the next resource statement for Victoria.

Renforth is permitting approximately 1,000 metres of drilling on the Victoria deposit, anticipated to begin in February. The drill holes are designed to undercut and extend a previously drilled hole which was stopped in mineralization, as evidenced in the MRE (mineral resource estimate) deposit model. SUR-21-04 includes several intersections of note, one of which assayed 0.55 per cent Cu (copper) over 10.5 metres from 182.7 m to 193.2 m, and containing a higher-grade interval of 0.95 per cent Cu over 0.55 m. This was the fourth hole drilled at Victoria and has seen no follow up.

Renforth will also undercut SUR-21-28 which intersected 0.46 per cent nickel over 12 m from 187.5 to 202.5 m and contains a 3.46 per cent Ni over 1.5 m interval. SUR-21-28 is a 234 m long hole, terminating at a vertical depth of approximately 210 m and undercutting two shallower drill holes. Mineralization can be traced down dip through the three holes. If this planned fourth hole, which will be a deeper undercut, is successful, it would extend mineralization outside of the currently modelled mineralized domains.

Annual general meeting

Renforth held its AGM on Dec. 15 with all the matters before the meeting passing.

Qualified person

Francis Newton, PGeo, OGQ, and independent qualified person pursuant to the guidelines in National Instrument 43-101, has reviewed and approved the geological information contained in this press release.

About Renforth Resources Inc.

Renforth Resources is a junior exploration and development company focused on advancing gold and polymetallic projects in Quebec's Abitibi mining district. Its flagship asset, the wholly owned Parbec gold deposit -- located beside Agnico Eagle Mines Ltd.'s Canadian Malartic mine -- currently hosts 265,800 ounces of gold in the measured and indicated categories and 97,000 ounces in the inferred category, within an open-pit scenario using a cut-off grade determined using a value of $2,100 (U.S.) per ounce of gold.

Renforth also controls the district-scale malartic metals package, which includes the Victoria polymetallic deposit. In 2025, the company declared an initial NI 43-101-compliant inferred resource for Victoria of 125 million tonnes grading 0.15 per cent NiEq (nickel equivalent), an open-pit polymetallic system with significant potential for nickel, copper, zinc, cobalt and platinum group elements.

With road access, hydroelectric power and proximity to established mining infrastructure, Renforth is strategically positioned to leverage its diversified resource base and location to create shareholder value.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.