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Renforth in process of drilling 1,000 m at Malartic West

2021-06-02 08:16 ET - News Release

Ms. Nicole Brewster reports

RENFORTH COMMENCES MAIDEN DRILL PROGRAM ON ABITIBI COPPER/SILVER DISCOVERY

Renforth Resources Inc. will begin a drill program at Malartic West, commencing immediately. Renforth's geologists will undertake a maiden 1,000-metre drill program targeting the about 160 m surface copper/silver discovery (the Beaupre shear) in the northern part of Renforth's Malartic West property. Prior results from work at Malartic West are available on-line, from both Soquem and Renforth. These results are contained with an approximate 160 m long deformation zone, associated with a ridge, which, at its narrowest, has the appearance of a weakly chloritized shear zone which in places widens to an about one m thick zone of silicification, brecciation and quartz flooding. On the margins of the quartz floods are emplaced very coarse, irregular clots of chalcopyrite as well as tight disseminations of fine pyrite. Within this initially explored strike there are three undocumented historic blast pits, with additional blast pits beyond the scope of exploration to date. No information is available regarding these.

  • Renforth's Malartic West property hosts a surface copper/silver discovery adjacent to the Canadian Malartic mine property and approximately three kilometres south of the Cadillac Break in northwestern Quebec.
  • This discovery, located in an area with no geophysical signature, was unknown prior to discovery by Soquem (a subsidiary on Investissement Quebec) in reconnaissance sampling on a ridge accessed via a logging road during a period when Soquem had an option on Renforth's Malartic West property, this option ceased in 2019.
  • The discovery is traced on surface over about 160 m with grab samples ranging from low-grade copper and silver up to 8.08 per cent copper and 8.43 grams per tonne silver (Soquem 2018), and channel samples assaying up to 0.43 per cent copper and 1.43 g/t silver over 0.45 m (Renforth 2019).

About Malartic West

Renforth's wholly owned Malartic West property is located south of, and between, the towns of Malartic and Cadillac, Que., with road access from Highway 117, the northern route of the Trans-Canada Highway. Renforth's neighbours at Malartic West include the Canadian Malartic mine property to the east, Renforth's Surimeau property to the south and various Agnico-Eagle properties to the north, which are on the Cadillac-Larder Lake fault, a major transcrustal fault zone roughly marking the contact of the Pontiac and Abitibi geological subprovinces. The Cadillac Break is only approximately three km from the copper/silver discovery at Malartic West, located in the Pontiac sedimentary subprovince. This is notable as the Cadillac Break is a major fault structure associated with numerous mines along its span, from Matachewan, Ont., to east of Val d'Or in Quebec. Malartic West's prospective setting within the poorly understood Pontiac subprovince is largely unexplored and unencumbered, with the exception of a small area previously prospected for gold in the southeast corner of the property.

Technical disclosure in this press release has been reviewed and approved by Francis R. Newton, PGeo (OGQ No. 2129), a qualified person pursuant to NI 43-101.

We seek Safe Harbor.

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