Renforth Resources Inc. would like to offer shareholders an update and its current interpretation of the >29kms of battery mineralization at its wholly owned Surimeau District Project located near the town of Malartic Quebec and adjacent to the Canadian Malartic Mine. Renforth has begun developing a mineralization model, presented as follows. There is little historic information available as Renforth executes the first modern, systematic exploration on this large-scale property to define the extent of the two surface nickel sulphide polymetallic mineralization over ~29kms in length.

Two trends of between 250 - 500 m thickness run sinusoidally east-west across the central portion of the property, Victoria and Lalonde. Various exploration activities have confirmed strike lengths of 20 km and 9 km respectively. These trends primarily consist of mafic and ultramafics flows intercalated with graphitic mudstones, albite shears and calc-silicate rocks.

The mafics are a dark green picrite with numerous quartz-albite and quartz-carbonate veinlets and stringers, these display extrusion textures like pillows and are unmineralized. The ultramafics and calc-silicates host most of the higher-grade Ni and Co mineralization within the structures, the graphitic mudstones and albite shear host most of the higher-grade Zn and Cu mineralization as sphalerite and chalcopyrite respectively. Some of the ultramafic bodies may in fact be komatiite flows, these komatiite flows at Surimeau consist of light green strongly serpentinized and biotitized flow top breccias.

This flow top phase is usually unmineralized and is followed by a basal komatiite consisting of massive blue-grey-greenish base flow containing magnetite cumulates (previously mis-identified as xenoliths) and occasional spinifex textures. This basal komatiite hosts the strongest Ni mineralization as pyrrhotite and pentlandite and forms a gradual contact with the calc-silicates. The calc-silicates are characterized by the presence of strong albitization, Cr-diopsides and stronger mineralization.

Bands of albite-shears, characterized by coarse radiating actinolite needles, are seen within the ultramafics. The albite shear hosts the strongest Zn and Cu mineralization on the property as sphalerite and chalcopyrite respectively. Wide (5-10 m) exposures of the albite shear is seen in the "Main-Trench" at Victoria.

Intercalating bands of graphitic mudstones host coarse blebs of pyrrhotite, sphalerite and occasional stringers and smaller blebs of chalcopyrite. The graphitic mudstones mostly host higher grade Zn, Cu and relatively lower grades of Ni. As Renforth generates more data on these two mineralized systems the mineralization model may change, presently the two systems are interpreted as two arms of a fold, the fold nose is located off the property and to the east.

Renforth's first drilling at Lalonde delivered grades and widths which justify additional future exploration. These include SUR-22-34 which gave 26.7m of 0.21% Ni and 159ppm Co, this included 1m of 0.41% Ni. In addition, this hole gave interesting grades of other metals, including 52.75m of 0.45 g/t Ag, a large-scale intercept, albeit at a relatively low grade it is indicative of a silver endowed zone within the mineralization, occurring with, in this hole, Zinc including 1.1m of 1.10%.

Renforth interprets this as stringers for a VMS system, Lalonde is the northern of the two battery metals mineralized systems currently identified within Renforth's 330 sq. km. wholly owned and previously underexplored Surimeau property, consolidated and explored systematically on a district scale for the first time by Renforth, commencing in Summer 2021.

In December 7 holes were drilled over a strike length of ~430m with a total of 1963.7m of drilling, the deepest piece point obtained was ~120 vertical metres. These holes, commencing at the Rapide 7 road and moving west, were drilled near to, or under, previously stripped and sampled areas, as well as into geophysical anomaly areas. Each hole drilled at Lalonde intersected the mineralized zone, in many instances cutting through both the northern and southern bands of mineralization which have been previously seen on surface during prospecting and trenching completed in 2022.

The central area of the Victoria mineralized system is where Renforth began work at Surimeau, after consolidating the property around the claims which formed its Malartic West property. Work began at Victoria as it was easily accessible via a significant logging road that turns off from the Rapide 7 road, and it had seen some historic drilling and historic trenching/pitting, which left visible sulphides exposed.