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Fieldwork Extended on Renforth's Parbec Gold Deposit near Malartic, Quebec
Thenewswire· 2026-02-26 13:00
                                                                            HIGHLIGHTSParbec 2026 season stripping work has already started with chipping operations extended to the entire permitted area Geological modelling of the gold deposit is ongoing, this creates the framework for the planned bulk sample at Parbec  Victoria Polymetallic Deposit Victoria Forestry permit received, ATI permit awaited for next drilling program   PDAC 2026 Visit Renforth in booth #2136  PICKERING, Ontario – TheNewswi ...
Fieldwork Resumes at Renforth's Parbec Gold Deposit in Malartic, Quebec
Thenewswire· 2026-02-09 13:00
Core Insights - Renforth Resources Inc. has made significant progress in its Parbec Gold Deposit and Victoria polymetallic deposit, confirming the presence of platinum and palladium in the Victoria deposit [2][5]. Group 1: Parbec Gold Deposit - The company has resumed its chipping and stripping program at the Parbec Gold Deposit, which had been paused in November 2025, focusing on a permitted area within the open pit footprint [2][9]. - Formal exchanges with regulatory bodies have been initiated to confirm the permitting pathway for the bulk sample project, with positive feedback received regarding its regulatory feasibility [3][4]. Group 2: Victoria Polymetallic Deposit - Recent testwork results have confirmed the presence of platinum and palladium in the mineralized ultramafic package at the Victoria deposit, indicating these metals will be included in future resource statements [5][6]. - An initial NI 43-101 inferred resource for the Victoria deposit has been declared, amounting to 125 million tonnes grading 0.15% NiEq, utilizing trailing average metal prices [15]. Group 3: Financing and Corporate Matters - The company has completed a previously announced financing, raising an additional $30,000 in common share units and $15,000 in flow-through shares for 2026 [7]. - A total of 8,850,000 options have been issued to certain officers, directors, and consultants, exercisable at $0.05 for a period of five years [8]. Group 4: Resource Details - The Parbec Gold Deposit currently hosts 265,800 ounces of gold in the Measured and Indicated categories, with a total tonnage of 9.61 million tonnes grading 0.86 g/t Au [12][13]. - The inferred category includes 97,000 ounces of gold within 2.55 million tonnes grading 1.18 g/t Au, with a cut-off grade based on a value of US$ 2,100 per ounce of gold as of April 2025 [12]. Group 5: Strategic Positioning - Renforth Resources is strategically positioned with road access, hydro-electric power, and proximity to established mining infrastructure, which enhances its potential to create shareholder value [16].
Renforth Issues Update
Thenewswire· 2026-01-05 13:00
Financing - Renforth Resources Inc. has completed a flow-through financing, raising $200,000 by selling shares at $0.02 per share, with proceeds allocated for drilling on the Victoria polymetallic deposit near Malartic, Quebec [2][6] - A final closing for the sale of common share units is anticipated on or before January 16, 2026 [2][6] Victoria Polymetallic Deposit - The company is permitting approximately 1000 meters of drilling on the Victoria deposit, expected to commence in February [4][6] - Previous drilling results include significant intersections, such as 0.55% Cu over 10.5 meters and 0.46% Ni over 12 meters, indicating potential for extending mineralization beyond currently modeled domains [4][5] Assay Results - Renforth's geologists have submitted 99 core samples for platinum and palladium analysis, with results expected this month [3][6] - Previous tests have confirmed the presence of platinum and palladium within the mineralized ultramafic package, which will be included in the next resource statement for Victoria [3] Annual General Meeting - The company held its Annual General Meeting on December 15, with all matters before the meeting passing successfully [7] Company Overview - Renforth Resources is focused on advancing gold and polymetallic projects in Québec's Abitibi mining district, with its flagship asset being the Parbec Gold Deposit, which hosts 265,800 ounces of gold in the Measured and Indicated categories [9] - The company also controls the Malartic Metals Package, which includes the Victoria Polymetallic Deposit, with an initial NI 43-101-compliant inferred resource of 125 million tonnes grading 0.15% NiEq [10]
Renforth Issues Gold & PGE Exploration Update in Quebec & Financing Announcement
Thenewswire· 2025-12-09 13:00
Core Insights - Renforth Resources Inc. is advancing exploration activities on its Parbec Gold deposit and Victoria Nickel Sulphide Polymetallic deposit, both located near Malartic, Quebec [1][12] Exploration Activities - The company is working on an underground bulk-sample program at the Parbec Gold deposit, which includes rehabilitating an existing decline to access mineralization [2] - Initial permitting submissions for the bulk-sample program are expected to be approved by late Q1 2026, allowing the company to apply for a temporary mining lease [3] - Surface stripping at Parbec has revealed a hinge-fold zone that will be further explored once weather conditions permit [4] Victoria Nickel Sulphide Polymetallic Deposit - Renforth's geological team is reviewing core samples from approximately 10,300 meters of drilling at the Victoria deposit, with plans to submit select core for platinum group element (PGE) assaying [5][6] - The company anticipates that platinum and palladium will be included in the next technical report following proper assaying of existing holes [6] Financing - Renforth plans to raise up to C$500,000 through a non-brokered private placement, with flow-through shares and hard dollar units priced at C$0.02 each [7] - Proceeds from the financing will be allocated to drilling at the Parbec gold deposit and the Victoria polymetallic system, as well as ongoing permitting and surface work [8] 2026 Technical Plans - In 2026, Renforth plans to drill approximately 7,500 meters at the Parbec Gold deposit and 10,000 meters at the Victoria Polymetallic deposit, with updates to resource estimates and technical reports [9][10] Company Overview - Renforth Resources is focused on advancing gold and polymetallic projects in Quebec's Abitibi mining district, with the Parbec Gold Deposit hosting 265,800 ounces of gold in the Measured and Indicated categories [12] - The Victoria Polymetallic Deposit has an initial NI 43-101-compliant inferred resource of 125 million tonnes grading 0.15% NiEq, indicating significant potential for various metals [13] - The company benefits from road access, hydro-electric power, and proximity to established mining infrastructure, positioning it to create shareholder value [14]
Renforth Collaborates with CTRI to assess sustainability opportunities at Victoria nickel polymetallic open pit deposit
Thenewswire· 2025-12-01 13:00
Core Viewpoint - Renforth Resources Inc. has engaged the Centre Technologique des Résidus Industriels (CTRI) to explore sustainability technologies for its Victoria nickel sulphide polymetallic deposit in Quebec, aiming to implement innovative and environmentally friendly practices in its operations [1][4]. Group 1: Sustainability Initiatives - The first initiative involves investigating the carbon sequestration capabilities of ultramafic rocks at the Victoria site, with prior research indicating their potential in British Columbia and Quebec [2]. - The second initiative focuses on evaluating three different heap leach processes, including green heap leaching with organic acids, alternative organic leaching methods, and bioleaching [3]. - The third initiative aims to identify nickel bioaccumulating plants that could serve as exploration tools in Canada, leveraging local expertise to explore new scientific approaches for industrial application [4]. Group 2: Collaboration and Expertise - The initiatives will utilize local expertise from the CTRI and affiliated educational institutions to investigate cutting-edge "green" science for potential future industrial adoption at Victoria [4]. - The company emphasizes the opportunity to explore innovative ideas and technologies due to the absence of historical operations at the site, which allows for a fresh approach to meeting environmental and economic goals [4]. Group 3: Technical Oversight - Martin Demers, Vice President of Exploration for Renforth, has reviewed and approved the technical information in the press release, ensuring compliance with NI 43-101 guidelines [5]. Group 4: About CTRI - The CTRI, established in 2000, provides expertise and technical services for innovation, research, and technology transfer to businesses in Abitibi-Témiscamingue and Northern Quebec [6]. - The CTRI offers a variety of applied R&D services for mining companies, including water treatment, mineral recovery, mine waste valorization, and process optimization [8].
Renforth Completes Final Financing Closing
Thenewswire· 2025-11-13 14:55
Core Points - Renforth Resources Inc. has successfully completed a fundraising round, raising a total of $209,000 through the issuance of shares and warrants [1] Group 1: Fundraising Details - The company raised $209,000 via the issuance of 10,275,000 shares and 5,137,500 warrants on a flow-through basis [1] - Additionally, 175,000 shares and 175,000 warrants were issued on a common share basis [1]
Renforth Files Malartic Metals Package Critical Minerals NI 43-101 Technical Report, Including Initial Victoria Nickel Sulphide Polymetallic Deposit Inferred Mineral Resource Estimate
Thenewswire· 2025-11-11 13:00
Core Insights - Renforth Resources Inc. has filed the NI 43-101 Technical Report supporting the initial Inferred Mineral Resource Estimate for its Victoria nickel sulphide polymetallic deposit [1][6] - The Technical Report is accessible on SEDAR+ and the company's website [6] Mineral Resource Estimate - The initial Inferred Mineral Resource Estimate for the Victoria deposit includes 155 million tonnes with nickel (Ni) content of 0.12%, copper (Cu) at 0.02%, cobalt (Co) at 0.01%, zinc (Zn) at 0.08%, and silver (Ag) at 0.38 g/t [2] - The nickel equivalent (NiEq) is reported at 0.15% [2] Additional Findings - The Technical Report also covers other mineralization areas within the Malartic Metals Package Property, including the Beaupré copper discovery and gold targets in the central area [3][4] - Lithium prospecting results from the Victoria stripped area are summarized in the report [4] Compliance and Approval - The technical contents of the press release have been reviewed and approved by an independent Qualified Person, Antoine Yassa, P.Geo. [7]
Renforth Completes Parbec Stripping and First Close of Financing
Thenewswire· 2025-11-06 13:00
Core Insights - Renforth Resources Inc. has successfully completed stripping activities at the Parbec Gold deposit, covering a total surface area of approximately 2200 square meters, confirming the presence of geological features that support previous drill data interpretations [1][2]. Group 1: Stripping Activities - The stripping program at Parbec has revealed unexpected faults and structures, which were not indicated by prior surface channel and drill data [1]. - Several lithologies associated with gold, previously only observed in drill core, were identified at the surface during the new trenching [1]. Group 2: Future Plans - Following the successful stripping program, the company plans to continue with stripping, mapping, washing, and sampling in the remaining permitted area in the spring [2]. Group 3: Financing - Renforth closed a total of $258,000 in the first closing of its financing, issuing 10,800,000 shares and 5,400,000 warrants on a flow-through basis, along with 2,100,000 shares and 2,100,000 warrants on a common share basis [6]. Group 4: Upcoming Events - Renforth will be attending the Duetsche Goldmesse conference in Frankfurt on November 15, where the company will present information about the Parbec open pit gold deposit and the nearby Victoria sulphide nickel polymetallic open pit deposit [7].
Renforth Commences Stripping on Parbec Gold Deposit Targeting Surface Gold Channel Assaying 1.43 g/t Au over 12.2m
Thenewswire· 2025-10-16 12:00
Core Insights - Renforth Resources Inc. is set to resume exploration activities on October 18, 2025, at its Parbec Gold Deposit, focusing on surface gold mineralization [1][2] Exploration Activities - The upcoming work will include chipping and overburden removal, specifically targeting a 12.2m channel grading 1.43 g/t gold on the surface [1] - Following the initial activities, the newly exposed surface will be prospected, mapped, and sampled, with stripping extending across the Diorite Splay, a feature known for gold mineralization [2] Geological Context - The Diorite Splay is interpreted as a possible hinge fold in the Pontiac Sediments, which may have facilitated mineralized fluid interactions with the Cadillac Break [2] - Renforth is also investigating mineralized structures oriented perpendicular to the Cadillac Break, consistent with previous drilling findings [2] Financial Activities - The company plans to raise a maximum of CAD 500,000 through the sale of units priced at CAD 0.02, with each unit consisting of a flow-through share and a half warrant [3] - Each full warrant can be exercised for a common share at a price of CAD 0.05 for a period of 24 months [3] Parbec Gold Deposit Overview - The Parbec gold deposit spans approximately 1.7 km along the Cadillac Break, recognized as one of Canada's most productive gold structures [5] - Geological modeling indicates gold mineralization within the Break and extending into the unexplored Pontiac sediments [5] Mineralization Characteristics - Mineralization at Parbec starts at the surface and is almost entirely enclosed within a Whittle Pit, which is open on strike in both directions and at depth [6] - The current pit does not extend below a depth of 300m, indicating potential for further exploration [6]
Renforth Declares Initial Victoria Nickel Polymetallic Mineral Resource Estimate in Malartic, Quebec of 125 Million Tonnes Grading 0.15% NiEq in an Open Pit
Thenewswire· 2025-09-26 12:00
Core Insights - Renforth Resources Inc. has reported an Initial Mineral Resource Estimate for the Victoria project, indicating a pit constrained in situ of 413 million lbs of nickel equivalent over a 2.5 km strike length [1][2][5] Mineral Resource Estimate - The Inferred Mineral Resource classification includes 125 million tonnes with a nickel grade of 0.12%, copper at 0.02%, cobalt at 0.01%, zinc at 0.08%, and silver at 0.38 g/t, resulting in a nickel equivalent grade of 0.15% [2] - The mineralization is hosted in interlayered ultramafic and black shale bands, with a total width of up to 500 meters and a strip ratio of less than 1:1 in a 200m deep pit [3][4] Geological and Structural Insights - The Victoria structure runs approximately 20 km with mineralization occurring at or near the surface, with thicknesses observed up to 500 meters [10] - The geological model indicates a modified magmatic Ni-Cu-Co sulphide deposit, with characteristics similar to the "Outokumpu" deposits in Finland [8][9] Future Plans and Exploration - The company plans to continue metallurgical sorting optimization tests and further drilling to grow and upgrade the Mineral Resource ahead of a Preliminary Economic Assessment (PEA) [5][22] - Ongoing exploration will evaluate the presence of a larger ultramafic magmatic system and assess the carbon sequestration capacity of the ultramafic material [22][24] Metallurgical Testing - Initial metallurgical testing has shown that it is possible to liberate copper, nickel, and zinc by flotation, indicating distinct flotation conditions may be required for high-grade concentrates [24][27] - The testing results indicate high recovery rates of copper and nickel, with significant portions contained in specific minerals [25][26]