Renforth Confirms Mineralization Continuity at Victoria Multi Metals Zone
Pickering, ON -- February 14, 2024 -- NewsGenie -- Renforth Resources Inc. (CSE:RFR) has confirmed the continuity of mineralization over a 2.5km section of the 20km Victoria Multi Metals Zone (VMMZ) within its Malartic Metals Package. The company drilled 10,316m in 44 holes, with the deepest mineralized pierce point at 225m, using this data to create a 3D model that demonstrates the mineralization's continuity and identifies future target areas.
Nicole Brewster, President and CEO of Renforth, stated the 3D model visually depicts the potential of the Victoria structure and the company will continue to prove the potential. The company believes it is positioned to define a polymetallic deposit in Canada.
Director Aline Leclerc P.Geo, described the VMMZ as a well-defined magnetic structure with coincident EM anomalies, mineralized with an "Outokumpu Style" polymetallic package including Ni/Co/Fe/Cr/Pt/Pd in an Ultramafic intertwined with a VMS hosting Zn/Cu/Ag/Au. The VMMZ hosts mineralization in graphitic black shales, carbonates, and calc-silicate altered ultramafic flows containing zinc, copper, and nickel sulfides. The shales contain pyrite, pyrrhotite, sphalerite, and chalcopyrite (Zn/Cu/Ag). The ultramafic flows host Ni mineralization, generally grading between 0.15-0.3%.
Francis Newton P.Geo OGQ, stated the regional metamorphism has mobilized nickel mineralization, resulting in sulfide nickel enrichment within the contact zone calc silicate lithology. The process has created a series of stacked mineralized calc silicates separated by lenses of ultramafic bodies.
Martin Demers P.Geo stated, the nickel mineralization is mainly hosted in pentlandite inclusions and exsolutions in pyrrhotite. Mineralization is strongest along the contact with graphitic mudstone in a calc-silicate alteration zone where alteration concentrated the mineralization in pyrrhotite, pentlandite and occasional millerite sulfides. The company intends to continue petrographic work, and aims to test for platinum and palladium.
In Nov/Dec 2023, Renforth conducted an infill program, drilling 3575m in 11 holes, confirming continuity of mineralization. The VMMZ remains open along strike and at depth. The deepest pierce point is 225m in SUR-23-54.
The technical contents were approved by Francis Newton P.Geo OGQ, Aline Leclerc P.Geo and Martin Demers P.Geo. The company held its annual meeting of shareholders on January 26, 2024 and re-appointed McGovern Hurley LLP as auditor and elected its board of directors. Renforth is exploring the Malartic Metals Package, working towards a maiden resource statement, and remodeling its Parbec gold deposit.