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eResearch gives Renforth Resources (CSE:RFR) a Buy Recommendation

Posted by rickydi at May 12, 2021 3:25 PM | Report Abuse
1 comment(s). Last comment by rickydi at May 14, 2021 2:07 PM
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Posted by rickydi > May 14, 2021 2:07 PM | Report Abuse

Renforth Resources Inc (CSE:RFR) (OTCPINK:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive the group has reported results from the first hole of its 2021 program at the company's flagship Parbec open pit gold deposit in Quebec. Brewster says the hole was a successful "twin" of another hole, supporting 1993 data, whose results were not used in last year's resource estimate. Brewster says the Parbec drill program was designed to fill in gaps within the existing deposit model, to test for the downdip extension of mineralized zones and to twin holes drilled between 1986 and 1993 to allow the assay results from those 62 holes to be used in the 2021 resource estimate, which is expected to be completed in June or July this year.

The company announced an initial resource estimate for Parbec in March 2016, with 33,592 ounces of gold in the indicated category and 514,108 ounces of gold in the inferred category.

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