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Table 1 - Gold,Platinum and Palladium Assay Results
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Note to Table 1 – Sample lengths stated are as measured in the core box, not true widths.
The gold, platinum and palladium values from the assays, presented above, were added to the previously disclosed (
Table 2 -Updated Ni Eq and Zn Eq Assay Results Including PGEs
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Notes to Table 2 -Please note that:
1 – Intervals stated are as measured in the core box, not true widths.
2 – TheMetal Eq% formula used = (Metal value+(additional metal ppm value*(additional metal $/gram)/(metal $/gram)))/10000
3 – Metal values used in the Eq formulas are as follows (Spot price dates for each metal with the USD price per gram):
4 – The Ni Eq % and Zn Eq % are calculated without a cutoff. Renforth has only performed limited thin section work and no metallurgical work, the percent recovery of metals during processing is not known and is therefore not assumed.
5 – NiEq and ZnEq values in the table above were calculated with the metals listed below:
NiEq-a % = Ni+Cu+Zn+Ag+Co+Cr+Fe+Au+Pt+Pd
ZnEq-a % = Zn+Cu+Ni+Ag+Co+Cr+Fe+Au+Pt+Pd
NiEq-b % = Ni+Cu+Zn+Ag+Co+Cr+Fe
ZnEq-b % = Zn+Cu+Ni+Ag+Co+Cr+Fe
6 - Samples F667544, F6675445 and F6675446 from SUR-21-19 were taken across previous sample boundaries, therefore there is no directly comparable previous assay available. The samples therefore have no Original Ni Eq or Zn Eq % value available for inclusion in Table 2
The presence of gold, platinum and palladium in the samples results in a positive increase and a notable enhancement on the overall grade of each sample. The percent increase in equivalence value for each sample is presented in the table below:
Table 3 -% Increase in Eq Value
DDH | PGE Sample # | Original Sample # | From (m) | To (m) | Length (m) | % Change in Eq Value |
SUR-22-39 | F667536 | 98234 | 207.9 | 208.9 | 1 | 0.53 |
SUR-22-39 | F667537 | 98239 | 214.5 | 216 | 1.5 | 0.38 |
SUR-22-39 | F667538 | 98283 | 269 | 270 | 1 | 0.16 |
SUR-22-37 | F667539 | 90359 | 26 | 27 | 1 | 0.24 |
SUR-22-37 | F667540 | 90468 | 134.1 | 135 | 0.9 | 0.31 |
SUR-22-37 | F667541 | 90488 | 157.5 | 158.3 | 0.8 | 0.20 |
SUR-22-37 | F667542 | 98016 | 189 | 190.5 | 1.5 | 0.31 |
SUR-21-19 | F667543 | 48635 | 174 | 175.5 | 1.5 | 0.21 |
SUR-21-19 | F667544 | part of 48636 | 175.5 | 175.9 | 0.4 | - |
SUR-21-19 | F667545 | part of 48636 | 175.9 | 176.7 | 0.8 | - |
SUR-21-19 | F667546 | 48541 & 48542 | 54 | 55.5 | 1.5 | - |
SUR-21-19 | F667547 | 48554 | 69 | 70.5 | 1.5 | 0.25 |
SUR-21-28 | F667549 | 66432 | 70.6 | 71.6 | 1 | 0.20 |
SUR-23-57 | F667550 | F668488 | 298.2 | 299 | 0.8 | 0.17 |
SUR-21-04 | F667551 | 45657 | 192.65 | 193.2 | 0.55 | 0.18 |
SUR-21-04 | F667552 | 45663 | 198 | 199 | 1 | 0.09 |
SUR-21-07 | F667553 | 46071 | 71.4 | 72.5 | 1.1 | 0.18 |
SUR-21-23 | F667554 | 64858 | 51.1 | 52.3 | 1.2 | 0.17 |
SUR-21-18 | F667555 | 48013 | 94.7 | 95.3 | 0.6 | 0.18 |
Notes to Table 3 –
1 - samples lengths are as measured in the core box, not true widths.
2 -Please note that samples F667544, F667545 and F66546 are not included in the % Increase in Table 3 as they were taken across previous sample boundaries and have no comparable original assay value.
"This news is shared because it adds value to our ~20km
Qualified Person
Technical disclosure in this press release has been reviewed and approved by Francis R. Newton PGeo, OGQ a “qualified person” pursuant to NI 43-101.
Technical Information
Samples referenced above were selected from witness core securely stored at our core yard in
About Renforth
Renforth is a battery metals area play with the dominant brownfield land position south of the world class Cadillac-Larder
Renforth's position is unique in that the both the battery metals mineralization within the Malartic Metals Package ("MMP") and our gold deposit at Parbec are road accessible, with hydro power crossing the properties, in an established and secure mining jurisdiction which regularly ranks as Top 10 (as determined by the
Renforth is engaged in the active exploration of the proven MMP battery metals mineralization, working towards a maiden resource statement, and the remodeling of our Parbec gold deposit to incorporate the ~15,000m drilled subsequent to the 2019 effective date of the last MRE.
For further information please contact:
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com
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