(via TheNewswire)
Parbec Gold Deposit
Renforth would like to inform shareholders of the receipt of partial assays for PAR-21-131, an 87m long hole which was successfully drilled as a twin of PAR-93-54. PAR-21-131 intersected 9.55m of 4.42 g/t gold, with a sub-interval of 3.9m grading 10.31 g/t gold, commencing at 48.45m down the hole, a vertical depth of approximately 40m, within the area of the Whittle open pit which accompanies the
--------------------------------------------------------------------- |Drillhole |Grid East| Grid North|From (m)|To (m)|Length (m)|Gold | | | | | | | |g/t | |-------------------------------------------------------------------| |PAR-21-131|5200 |337 |48.45 |58 |9.55 |4.42 | |-------------------------------------------------------------------| |including |5200 |337 |50 |53.9 |3.9 |10.31 | |-------------------------------------------------------------------| |PAR-21-131|5200 |337 |59.2 |83.6 |Assays Pending | |-------------------------------------------------------------------| |*Assay | | |results | | |are | | |presented | | |as | | |measured | | |in the | | |core | | |box, | | |not | | |true | | |widths | | ---------------------------------------------------------------------
With this interval from PAR-21-131 the Top Ten Intervals from the 2020/21 drill program at Parbec is updated to the following, available on our website along with a recap of all of the highlight drill results released to date for this program.
---------------------------------------------------------------------- |Drillhole |Grid East|Grid North|From (m)|To (m)|Length (m)|Gold g/t| |--------------------------------------------------------------------| |PAR-20-112 |5300 |225 |254.8 |276.25|21.45 |5.57 | |--------------------------------------------------------------------| |PAR-21-127 |5100 |135 |255.25 |279.25|24.1 |3.78 | |--------------------------------------------------------------------| |PAR-20-116 |5050 |200 |108.9 |158.5 |49.6 |1.46 | |--------------------------------------------------------------------| |PAR-21-133 |5325 |243 |261 |268 |7 |7.11 | |--------------------------------------------------------------------| |PAR-21-131 |5200 |337 |48.45 |58 |9.55 |4.42 | |--------------------------------------------------------------------| |PAR-21-130 |5150 |308 |91.9 |106 |14.1 |2.15 | |--------------------------------------------------------------------| |PAR-20-100 |5440 |190 |88.5 |111 |22.5 |1.21 | |--------------------------------------------------------------------| |PAR-21-133 |5325 |243 |242.5 |250 |7.5 |3.23 | |--------------------------------------------------------------------| |PAR-20-104A|5250 |80 |53 |66 |13 |1.72 | |--------------------------------------------------------------------| |PAR-20-105 |5725 |50 |174.7 |177.7 |3 |6.43 | ----------------------------------------------------------------------
*assay intervals are presented as measured in core box, not true widths
Renforth informs shareholders that we have changed our June exploration focus from our
Assay results from the 3456m, 15 drill hole program, completed in
The drill, which will arrive later this week, will make use of previously permitted drill set ups, drilling steeper undercuts of prior holes and, if accessible, the two western cut pads which were not drilled in the Spring 2021 program.
The drill permit required to proceed at Malartic West, in an area which has been entirely logged, has been delayed, outside of Renforth’s control. As we have contracted a drill we will pivot to Surimeau, moving forward our plans for later this summer. Similarly, upon receipt of the Malartic West permit after this unforeseen delay, we will reschedule that drill program.
We will be utilizing a one man, day shift only drill rig, capable of approximately 300m per hole, to drill undercuts of the previously completed 200m holes at Surimeau which were drilled south at 45 degrees dip. While the drill operator is drilling our geologists will prospect at Surimeau, specifically targeting the central trend, which hosts
Samples referred to in this press release were selected, split, bagged and tagged in the field and delivers to the facilities of
Technical disclosure in this press release has been reviewed and approved by
For further information please contact:
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com
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About Renforth
Renforth holds the Parbec open pit constrained gold deposit in
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.
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