Metals and Mining
Company Overview of Renforth Resources Inc.
Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for precious metal, base metal, and diamond properties. It principally holds interests in the New Alger Gold Project located in Val d’Or, Quebec; and the Mink Lake Gold Project located in the Birch-Uchi Greenstone Belt, Ontario, as well as has interests in concessions at the McFauld’s Lake Ring of Fire discovery area of northern Ontario. The company was formerly known as Wycliffe Resources Inc. and changed its name to Renforth Resources Inc. in July 2006. Renforth Resources Inc. is headquartered in Toronto, Canada.
65 Front Street East
Toronto, ON M5E 1B5
Key Executives for Renforth Resources Inc.
Compensation as of Fiscal Year 2014.
Renforth Resources Inc. Key Developments
Renforth Increases Inferred Resource 18%
Jul 17 14
Renforth Resources Inc. announced that recent drilling on the Thompson-Cadillac Mine area resulted in an 18% increase to the inferred resource, a total of 237,000 ounces Au contained in 3,505,000 tones with a grade of 2.1g/t Au using a cut-off of 0.75 g/t Au.
Renforth Extends Pontiac Vein System by 60%
Jun 26 14
Renforth Resources Inc. provided an update on its recent, successfully concluded, surface prospecting and sampling campaign where the Pontiac Vein system was extended by an additional 150 metres, a 60% increase, to bring the strike of this surface gold bearing vein system to a total of 400 metres. This prospecting program has confirmed the presence of the vein system within a mineralized corridor, this corridor starts at the eastern property border and runs west for approximately 400 metres, where it is lost in overburden. The mineralized corridor is running parallel to the Cadillac Break, approximately 150 metres south of the Break. Moving further west, across the property and onto the newly acquired claims, additional outcrops were located and sampled, at this stage it is early to comment on any relationship between the outcrops and the mineralized corridor. Much of the southwestern part of the property is densely overgrown with small alders in overburden and swampy ground. The mineralized corridor extends over an average width of approximately 100 metres, displaying en-echelon veins and outcropping within this width, which does pinch and swell. Channel and grab samples were taken from prospective surface material within the mineralized corridor and the discrete outcrops, assay results are awaited. During the prospecting program visible fine flake gold was encountered at one surface location and sampled. Based upon the visual field results Renforth can confirm that there is a second mineralized system on the southern portion of the property. Renforth has obtained gold numbers within this mineralized system in the past, and in this campaign observed gold at surface. Upon receipt of the assay results Renforth will formulate a next phase program for the Pontiac Vein system, mechanized stripping and trenching will be required. While awaiting the Pontiac assay results Renforth is commencing a recalculation of the resource in the Thompson-Cadillac mine area using the recently obtained drill program results, this will be released once available.
Renforth Resources Inc. Releases Results of the Second Phase Drill Program on Alger Property, on the Cadillac Break Near Malartic Quebec
Jun 17 14
Renforth Resources Inc. released results of the second phase drill program on the company's wholly owned New Alger Property, on the Cadillac Break near Malartic Quebec, previously announced on May 14th, 2014. The highlight intercept from this program was obtained in drillhole REN-14-18 where drill core between 51.2m and 58.3m (7.1m) downhole assayed 12.87 g/t Au, including 149.98 g/t Au over 0.5m. This program successfully targeted gaps in the existing resource model for the Thompson-Cadillac Mine Area, a total of 8 holes were drilled.
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