Ms.
Nicole Brewster reports
RENFORTH RESOURCES COMMENCES DRILL PROGRAM ON WHOLLY OWNED VICTORIA NI/CU/CO POLYMETALLIC OPEN PIT DEPOSIT IN QUEBEC
Renforth Resources Inc. has commenced a drill program on its wholly owned Victoria nickel/copper/cobalt open-pit polymetallic deposit on its Malartic metals package property, located between Cadillac and Malartic in Quebec, contiguous to the Canadian Malartic mine complex property and approximately 19 kilometres south of the LaRonde VMS (volcanogenic massive sulphide) mine, both held by
Agnico Eagle Mines Ltd. This program is the first drilling to build upon its September, 2025, Victoria MRE (mineral resource estimate), designed to undercut two areas of significant mineralization encountered in prior drilling, as detailed below.
Highlights:
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Undercut SUR-21-05 and SUR-21-04: The latter assayed 74.55 metres of 0.14 per cent Ni and 95.43 parts per million Co from 126.45 to 201 metres down the hole, including 10.5 m of 0.55 per cent Cu from 182.7 to 193.2 m down the hole.
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Undercut SUR-21-26, SUR-21-27 and SUR-21-28: The latter assayed 170.55 m of 0.16 per cent Ni and 100.2 ppm Co from 40.9 to 211.45 m down the hole, culminating in a highlight interval of 1.5 m of 3.46 per cent Ni and 491 ppm Co from 196.5 to 198 m down the hole.
Note: Please refer to prior press releases issued on Nov. 10, 2021, and March 29, 2022, for fulsome results
"We are happy to have the drill turning on our Victoria project again, initially undercutting some very good prior results in order to, with success, begin expanding the initial resource. Personally, I find Victoria a very exciting project which I feel will continue to grow, both within the 2.5 kilometres our open-pit resource currently covers, as we drill deeper and infill this footprint, and, in addition, when we eventually step out and drill off the remainder of the 20-kilometre-long mineralized structure that our Victoria deposit currently sits in a small part of. This deposit, currently presented as a low-grade-nickel-equivalent open-pit with a less-than-1:1 strip ratio, road access and a hydroelectric power line crossing it, in an entirely underexplored area within a very established mining district, is just beginning to tell us its story. We have proven and previously press released that we can sort the mineralized material and process it conventionally with initial testing of both technologies; our next step is to drill for expansion and a better understanding of grade. As we have high-grade results in several commodities in hand, we know there is potential; now starts the follow-up," stated Nicole Brewster, president and chief executive officer of Renforth.
First undercut area
Undercutting SUR-21-05 and SUR-21-04 were drilled in March, 2021, resulting in the following assay highlights, as previously press released Nov. 10, 2021.
Second undercut area
Drill holes SUR-21-26, SUR-21-27 and SUR-21-28 were drilled in December, 2021, with the assay result highlights press released on March 29, 2022, as they appear below.
Renforth will update shareholders as required during and on completion of the drill program at Victoria.
Assay results highlighted above, taken from prior press releases, were the result of testing of drill core selected in the field from logged drill core, bagged, tagged, sealed and delivered to initially Agat Laboratories in Val d'Or, where they were processed for sodium peroxide fusion (ICP-OES/ICP-MS finish) multielement analysis under the supervision of Francis R. Newton, PGeo, OGQ.
At the date of the initial report of these results, no testing had been done for platinum group elements; Renforth completed that testing after this work and the calculation of the Victoria MRE.
The initial testing to prove the ability to sort the mineralized material from Victoria referenced above is discussed in the press release "Renforth Resources Inc. Reports Success on Initial Sorting Test of Victoria Polymetallic Mineralization" issued Oct. 1, 2024. The initial testing demonstrating that conventional processing can be implemented at Victoria, as referenced above, is discussed in the press release titled "Renforth Resources Inc. Receives Positive Initial QEMSCAN Characterization and Liberation Analysis Results at Victoria Sulphide Nickel Polymetallic in Quebec" released March 27, 2025. Both are addressed in the Victoria MRE report "Technical Report and mineral Resources
Estimate of the Victoria Nickel Polymetallic Sulphide Deposit, Malartic Metals Package Property, Malartic, Quebec," effective Sept. 26, 2025, and filed under the company's profile on SEDAR+.
This press release contains no new exploration information.
Technical disclosure in this press release has been reviewed and approved by Francis R. Newton PGeo (OGQ No. 2129), a qualified person pursuant to National Instrument 43-101
Renforth is still awaiting receipt of the assay data from the channel-cutting program recently completed on the wholly owned Parbec gold deposit, located beside the Canadian Malartic mine held by
Agnico Eagle Mines, where Renforth is focused on increasing and recategorizing the resource ounces present in the open-pit deposit. When the assay data are received, results will be shared.
About Renforth Resources Inc.
Renforth Resources is a Canadian junior gold exploration company focused on advancing the Parbec gold deposit in the prolific Abitibi region of Quebec. Parbec is strategically located immediately adjacent to Agnico Eagle Mines' Canadian Malartic complex, one of the largest open-pit gold mines in Canada. The company also holds the Victoria nickel/copper/cobalt polymetallic deposit. Renforth is committed to disciplined, systematic exploration and transparent disclosure as it works to unlock the value of its Abitibi-region portfolio.
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