RENFORTH RESOURCES INC. (via TheNewswire)
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Program Results
Beaupré– The trenching from the Fall 2023 stripping program at Beaupré was inspected for the first time in this program. The work uncovered mineralization within the brecciated and boudinaging "main vein" over ~150m of strike. The vein is consistently present on the surface across its strike. A north-south oriented crosscut exposes Pontiac sediments to the north and south. Interestingly, a previously unknown stockwork zone was uncovered on the southern side of the main vein. Channel samples have been collected from both the main vein and the newly found stockwork system, including samples of smokey grey quartz, for assay analysis. Results will be reported once received. XRF and visual observation of mineralization in the field indicates the presence of copper, zinc, silver and nickel in various samples. Semi-massive chalcopyrite was observed in several locations on surface, with samples taken along strike. The next phase of work at Beaupré will involve prospecting along strike to identify any outcrops. Additionally, soil samples will be collected due to the limited presence of outcrops thus far.
Victoria– Work at Victoria was largely an inspection of proposed drill sites within 1km of the western end of the ~2.5km extent of current drilling, from the
Parbec– Prospecting at Parbec targeted two areas south of the rail line where the recently released re-interpretation suggests that mineralized structures might sub-crop or outcrop. In addition to general prospecting, the geologists ran grids using a beep mat, which in the past in small scale testing was successful at Parbec in locating mineralization. Results include various instances of outcroppingdiorites in both target locations as well as outcrops of the Pontiac sediments. The beep mat provided readings that could be correlated in the field to a diorite ridge and lows to the adjacent Pontiac sediments. The collected data needs to undergo processing and interpretation for follow-up work. Additionally, the two wells drilled into the adit at Parbec were located for future water sampling.
"This successful initial program for the season sets us up for next steps at each of the areas of interest, particularly well at Beaupré with not only the visually impressive semi-massive copper mineralization which occurs in a couple of places, but with the revelation of structure on the south side of the vein which we were unaware of, increasing the area of interest at this copper discovery, where our work will have to now extend under cover. Fortunately, the stripping has given us a good idea of continuity and direction for our next steps. We now consider Beaupré an area of interest on our Malartic Metals Package that is deserving of continued exploration efforts to prove the extent of this surface, largely copper, mineralized occurrence proximal to the Cadillac Break. At Parbec, finding outcrop in the targeted area is a positive step towards validating our interpretation of the controls on the gold mineralization" states
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Technical disclosure in this press release has been reviewed and approved by Francis R. Newton PGeo, OGQ a “qualified person” pursuant to NI 43-101.
For further information please contact:
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com
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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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