Renforth finds visible mineralization in Parbec channel cutting program

Renforth Resources completed an initial channel-cutting and drone-mapping program at its Parbec gold deposit in Malartic, Quebec, and reported visible mineralization in all eight channels. The company says the work exposed more gold-bearing felsite and diorite at the open-pit footprint than it previously understood, with assay results still pending.

Why it matters: - Renforth Resources is uncovering new surface geology inside the planned open-pit footprint at Parbec, which could help refine the company’s understanding of where gold-bearing structures continue near the Cadillac Break. - The program may add context to future sampling and exploration decisions, but assay results are still needed before any grade or resource implications can be confirmed.

What happened: - Renforth completed an initial channel-cutting campaign with drone-assisted geological mapping at its wholly owned Parbec gold deposit in Malartic, Quebec. - The work took place in the open-pit footprint on the Cadillac Break, contiguous to Canadian Malartic. - The company cut 8 channels across 5 areas in the stripped ground. - Visible mineralization was observed in all 8 channels. - Samples have been taken and submitted for assay.

The details: - The stripped area covered roughly 350 metres by 125 metres, with the actual stripping estimated at about 250 metres by 100 metres. - Sediments and diorites were exposed along the full stripped length. - Excessive overburden prevented Renforth from fully uncovering the Cadillac Break along the northern side of the trench. - Washing the bedrock was stopped so the company could begin initial sampling. - Felsite horizons were exposed for tens of metres subparallel to the break within the sediments. - The felsites are strongly silicified, intensely fractured near the break, and host 2% to 6% fine disseminated pyrite with occasional small cubic pyrite crystals. - Contacts between the felsites and sediments are sharp and clear. - Drag folding with one- to three-metre offsets and boudinaged quartz veining was noted. - Multiple felsite lenses occur subparallel within the stripped area. - Diorites exposed in the trench are consistent with prior drilling and surface sampling, including the western “diorite splay.” - Crosscutting north-south structures were observed carrying through the break, including strongly biotitized shear zones that resemble lamprophyre dykes. - Undulating folds subparallel to the break strike were also seen along felsite contacts, with local drag folding creating metre-scale offsets. - Channel CHNL-PAR-26-51 is 24.2 metres long and exposes sheared diorite, chlorite schist and sheared felsite, with mineralization ranging from trace to 5% fine to disseminated pyrite-pyrrhotite. - Channel CHNL-PAR-26-52 is 5.6 metres long and exposes mostly diorite and sheared diorite, with qz-ankerite-tourmaline veining and felsite mineralized with up to 5% pyrite at the north end. - Channels CHNL-PAR-26-53, 54 and 55 are small channels of 1.4 metres, 0.85 metres and 4.12 metres, respectively, and expose quartz vein, Pontiac sediments and a porphyry dyke mineralized with up to 5% pyrite. - Channel CHNL-PAR-26-56 is 8.8 metres long and exposes chlorite schist, sheared diorite, diorite and two felsites about 1 metre wide, with the felsites carrying 4% fine disseminated pyrite and quartz-stringer stockwork. - Channel CHNL-PAR-26-57 is 1.75 metres long and covers mineralized felsite with chlorite schist on either side. - Channel CHNL-PAR-26-58 is 18.7 metres long and exposes sheared diorite, chlorite schist and QFP, with the northern end carrying 3% to 5% pyrite in QFP and sheared diorite. - Renforth said visible sulphide mineralization, silicification and related features are qualitative field observations and not proof of gold grade or quantity. - Lab results for the channels have not yet been received and will be reported when available. - Francis Newton, P.Geo., OGQ, an independent qualified person under NI 43-101, reviewed and approved the scientific and technical information. - The company also issued 250,000 stock options to a consultant. - Each option is exercisable at C$0.05 for five years. - The options vest 25% at issue and 25% quarterly thereafter.

Between the lines: - The field results suggest the trenching exposed more of the gold-associated lithologies than drilling alone had indicated, especially the felsite horizons. - The observation of crosscutting structures and multiple mineralized lithologies could help Renforth sharpen its structural model ahead of follow-up work. - The company’s caution on visible mineralization is important because field texture and sulphides do not substitute for assay data.

What's next: - Renforth will release channel assay results once the laboratory returns them. - The company expects to continue advancing Parbec alongside its Victoria polymetallic project. - More mapping and sampling outcomes may follow as Renforth builds on the newly exposed surface geology.

The bottom line: - Parbec’s first channel-cutting program delivered visible mineralization across all channels and uncovered more gold-bearing rock at surface, but assays will determine whether the new observations translate into meaningful exploration results.

More information is available in the company’s announcement.