Early Mover in Surimeau – Quebec’s Newest Battery Metals District

Stock Code:
CSE: RFR
Company Exposure:
Nickel, Gold
Project Locations:
Canada
Portfolio – Two Streams – Nickel and Gold
Renforth Resources Inc. is engaged in developing its wholly owned 330km2 Surimeau District Project, Quebec’s newest polymetallic battery minerals system with several areas of mineralization, including the nickel, cobalt, copper, and zinc mineralized Victoria structure.
Victoria boasts ~20km of strike with surface mineralization and limited drilling, road access, and hydroelectric power.
Nearby Renforth also holds Parbec, a gold deposit with an obsolete 2020 MRE, beside Canada’s largest open pit gold mine, which is undergoing a model update after the last round of successful drilling to expand the deposit. Renforth Resources Inc. is headquartered in Pickering, ON, Canada.
Investment Rationale
- Renforth’s Surimeau District Property hosts numerous areas of mineralization as noted on the map below. The Victoria structure (hosting Victoria and Colonie) is the most advanced, the area of focus stretchs from the indicated blue dot to the property boundary in the west, a distance of 6km
- Drilling demonstrates that mineralization at Victoria, and Lalonde to the north, comes in two forms, an ultramafic body with is rich in sulphide nickel, cobalt, platinum, palladium that is magnetic and clearly seen in the geophysical map, intertwined with a VMS/MMS consisting of copper zinc and silver mineralization.
- To the north of the central trend another magnetic system stretches over ~30km, starting at Colonie this system trends NW, through the Lalonde showing, which again hosts surface mineralization similar to Victoria. Lalonde in the focus in the north, Renforth has just completed an initial drill programme over ~1km.
- The Surimau showing is next to the NW, with the trend ending at the Huston showing where Renforth made a recent high-grade discovery through a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4g/t Ag. To the south the 6th and final (currently known) polymetallic showing Foulliac appears as a small string of pearls on the geophysical map. In addition to the six polymetallic mineralized areas Surimeau hosts the Beaupré copper/silver discovery in the north, several known gold showings and numerous unexplored pegmatites on the property
- The property hosts lithium in the south in the sediments. This will be further investigated in summer 2023