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RFR Renforth Resources Inc

0.02
0.005 (33.33%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Renforth Resources Inc CSE:RFR CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 33.33% 0.02 0.015 0.02 0.02 0.02 0.02 255,000 14:30:00

Renforth Commences Diamond Drill Program at New Alger Project

20/01/2011 12:45pm

Marketwired Canada


Renforth Resources Inc. (CNSX:RFR) is pleased to announce the commencement of a
planned 10 hole diamond drill program on the New Alger project located outside
of Val d'Or, Quebec.


This project was optioned from Cadillac Ventures Inc. ("Cadillac") in 2009.
Cadillac was the previous operator of the project through two seasons of
exploration. Renforth has designed a drill program to test for shallow gold
occurrences above gold intersections discovered by Cadillac in their previous
exploration.


The New Alger project is located within the Doyon-Bousquet-LaRonde mining camp,
straddling the highway which runs between Val d'Or and Malartic. This area is
one of extensive mining activity with adjacent and neighbouring projects
boasting very successful mines and proven resources. Osisko Mining Corporation
has in recent years spearheaded a re-examination of the manner of gold
occurrence in the entire Cadillac Break with the development of their Canadian
Malartic open pit project in nearby Malartic, where a significant resource has
been proven at shallow depths.


Neighbouring Identified Gold Reserves, Resources and Production

To view the first map associated with this release, please visit the following
link: http://media3.marketwire.com/docs/rfr0120fig1.pdf.


David Danziger, President and CEO of Renforth states: "Renforth is excited to
commence exploration in this very prospective and proven gold district. We are
encouraged by the geological setting of our property in the productive Cadillac
Break, encompassing the contact of the Piche group volcanics and the Pontiac
group sediments. This is an area that has been very profitable for neighbouring
operators such as Agnico-Eagle. In addition we are intrigued by the potential
for the potential of discovery at shallow depths as demonstrated by the Osisko
Malartic project."


Neighbouring Land Holders

To view the second map associated with this release, please visit the following
link: http://media3.marketwire.com/docs/rfr0120fig2.pdf.


About Renforth

Renforth Resources Inc. is a Toronto-based diamond, base metals and precious
metals exploration company with significant concessions in the McFaulds Lake
"Ring of Fire" discovery area of north-eastern Ontario as well as Spain and
Northern Quebec. Renforth has five diamondiferous kimberlites referred to as the
Kyle kimberlites: two are at the commercial bulk-sampling stage; the remaining
three are targeted for specific follow-up drilling and economic evaluation.
Additional mineral claims lie between ten and twenty kilometres from Noront
Resources Ltd.'s recent base metal discoveries at its Double Eagle Project. The
Company also has now acquired the Mina Maria Luisa project located in
Southwestern Spain, approximately 30 kilometres from the Aguas Tenidas Mine.
Renforth intends to drill targets at Mina Maria Luisa in 2011. Renforth is the
operator in a Joint Venture with Cadillac Ventures Inc. on the New Alger gold
project in Quebec and has commenced a drill program in January 2011.


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