Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF) (“Renforth” or the “Company”) is pleased to announce results from the first hole drilled in the 2020 drill program at our wholly owned New Alger property, located on 1.4 kms of the Cadillac Break near Cadillac, Quebec. REN-20-38, a successful 110m step out to the west from any previous Renforth drilling of the Piché volcanics, is additional validation of the results obtained in the 1940’s drilling by Alger Gold Mines Limited which demonstrate gold mineralization across the entire western portion of New Alger.
With this drillhole, the furthest west, Renforth notes that, once again, the mineralized zones are associated not only with the quartz veins, there is additional width provided by the gold bearing alteration halo, also present in the eastern portion of the property. In this hole the typical blue/grey quartz veins are not as robust as they are to the east, possibly pinching. In the zones there are several competent lithologies present which have been fractured and brecciated, displaying carbonate, sericite and biotite alteration, these are carrying gold over widths greater than the width of the veins.
REN-20-38 Assay Highlights
|Hole #||From||To||Length||Au g/t|
*Length measurements given are measured in core, not true width
The first interval presented in the table above, 1.43 g/t Au over 0.4m, is of interest as it is a new, narrow, blue/grey quartz vein within the volcanics which is crosscutting the drillhole at an angle. This is unlike the mine area veins, which run generally east/west on the property, so the north/south drillhole intersects those veins in a perpendicular manner, giving a fairly accurate idea of width. Cross-cutting veins, known to be present at New Alger, are problematic to intersect with the current direction of drilling, they can be missed. Identifying cross-cutting, or flat-lying, structures will require more work.
Sample data referred to in this press release was obtained from samples bagged, tagged and sealed in the field, and then hand delivered to Laboratoire d’Analyse Bourlamaque, in Bourlamaque, Québec for fire assay for gold. QAQC protocols observed include the insertion of blank ad standard samples by Renforth geologists in the field, in addition to any internal QAQC performed by the lab.
Technical information in this press release was reviewed and approved by Francis R. Newton P.Geo (OGQ # 2129), a “Qualified Person” pursuant to NI 43-101.
For further information please contact:
Renforth Resources Inc.
President and Chief Executive Officer
E: [email protected]
#269 – 1099 Kingston Road, Pickering ON L1V 1B5