Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF | FSE: 9RR) has provided an update regarding the interpretation of over 29km of battery mineralization at its wholly owned Surimeau District Project located near the town of Malartic Quebec and adjacent to the Canadian Malartic Mine.
“Our successful December drill programme effectively confirmed two mineralized systems on this property. Surimeau is still relatively underexplored, both within the 29km of surface battery metals mineralization, and outside of those two systems where we have a copper discovery in the NE part of the property, pegmatites in the southern part of the property, and the presence of lithium, to date in the sediments, with a big question mark as to what that could mean. Our priority is the two battery metals mineralized zones, which start at surface and have only been shallowly explored to date.” commented Nicole Brewster, president and CEO of Renforth.
Renforth is executing the first modern, systematic exploration on its large-scale property to define the extent of the two-surface nickel sulphide polymetallic mineralization over ~29km in length, and is now developing a mineralization model.
The company has discovered that two trends of between 250m – 500m thickness run sinusoidally east-west across the central portion of the property, located at the Victoria and Lalonde targets. Various exploration activities have confirmed strike lengths of 20km and 9km respectively.
As Renforth generates more data on the two mineralized systems, the mineralization model may change. Presently the two systems are interpreted as two arms of a fold, the fold nose is located off the property and to the east.
First drilling at the company’s Lalonde target delivered grades and widths which justify additional future exploration. These include hole SUR-22-34 which gave 26.7m of 0.21% Ni and 159ppm Co, this included 1m of 0.41% Ni.
Renforth interprets this as stringers for a VMS system and are working with an expert to vector in on a concentration of that mineralization.
At the Victoria target, drilling has, in addition to proving a third band of mineralization and growing the scale of that system, gave Renforth results which included 13.10m of 0.17% Ni, followed by 8.8m of 1.87% Zn in hole SUR-22-37, which also assayed for a significant amount of copper (relative to other Victoria drill holes), this included 4.7m of 0.13% Cu further down the hole.
Alongside these numbers Renforth has noticed the presence of manganese in this round of drilling at both Lalonde and Victoria.
“Located as we are with renewable electricity, road access in an established mining camp, contiguous to Canada’s largest open pit gold mine in one of the best mining jurisdictions in the world, it is exciting to contemplate a potential open pit in the future with every cost advantage one could desire, we are working towards that vision.” Added Nicole.
To find out more, please visit www.renforthresources.com
