Renforth Resources Inc. announced that it would like to update shareholders on the completed drill program on the Victoria mineralized system which stretches over approximately 20km of strike length across the centre of wholly owned 330 km2 Surimeau property located near Malartic, Quebec. The program finished with 11 holes drilled in 3,500m of drilling, with each hole intersecting the mineralized package, demonstrating its consistency, at greater depths which has resulted in an improved tenor of mineralization. Samples have been taken from each hole and submitted to the lab for assaying of the polymetallic package, results will be released once received, in the new year.

The second last hole drilled in the program was located as planned, approximately 150m west, and 265m north, of the western end of the stripped area at Victoria. This hole is located within a gap in the drill footprint, SUR-23-56 on the plan map below. Once drilled, this hole delivered some of the best mineralization seen in any hole at Surimeau, as assessed visually and confirmed with an XRF, and intersected the northern mineralized horizon seen further to the east but not anticipated in this location.

For this reason, planned hole #4 was discarded, as it would miss, or be collared in, the northern mineralized horizon due to being too far south, and, due to wet ground conditions further to the west it was decided to finish the drill program with an undercut (SUR-23-57) of the best hole. This undercut successfully intersected the mineralized zones further down dip, with a separation of 50m down dip between the pierce points, a good place to stop the drill program. This drill program brings the total meters drilled within the 2km of strike within the central Victoria area to 10,000m, with the most recent holes generally being deeper.

Observation of the newest core concludes that the Surimeau mineralized assemblage is hosted in intercalated lenses of graphitic black shales and lenses of ultramafic flows which contain elevated Zinc, copper, and Nickel sulfides. The shales are comprised of deep marine sedimentary layers likely representing a distal VMS environment and range in thickness from 0.5 to several meters containing pyrite, sphalerite, and chalcopyrite mineralization. The intercalated ultramafic flows and lenses range in thickness from several meters to tens of meters in thickness and host Ni mineralization throughout, generally grading in a range between 0.15-0.3%.

Thicker or wider zones are probably caused by structural duplication resulting in a stacking of mineralized zones, apparent in recent drilling. Zinc, and to a lesser extent Copper, sulfides have been remobilized and concentrated in the sedimentary shale layers into coarse disseminations, clots, nodules and occasionally into bands of semi-massive accumulations. At this time, Renforth is simplifying the Surimeau lithological picture to consist of the graphitic black shale, intercalated ultramafIC flows and lenses subject to varying degrees of alteration and the calc silicate contact zone between the two, with the mineralized package sitting within the Pontiac sediments.

Financing. Renforth has repriced the private placement within the context of the market, the common share units are priced at 2.6 cents per unit, comprised of a common share and a purchase warrant exercisable for 24 months at 5 cents to purchase an additional common share, and flow through units at 3 cents per unit, comprised of an flow through share and a half of a purchase warrant, a whole warrant exercisable into an additional common share at an exercise price of 5 cents for 18 months.