In the wake of the Canadian government acknowledging the importance of the country’s minerals and metals (https://ibn.fm/jTJBw), Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is providing an update on its exploration activities. The Canada-based mineral exploration company is engaged in the acquisition, exploration and development of mineral properties throughout the country.
“Canada’s minerals and metals are essential contributors to our economy, infrastructure, innovation and environmental stewardship,” the government stated in a Natural Resources Canada release. “And as the world moves toward net zero by 2050, demand for Canada’s mineral resources, especially critical minerals, will only increase. By making the right investments in the exploration and mining sector, we can enable sustainable resource development, create good jobs, drive economic growth and advance Indigenous participation and leadership in our economy.”
In the same release, government officials announced federal investments of more than $15 million in projects to increase Indigenous participation and support the development of Canada’s critical minerals sector.
With that as a backdrop, Renforth Resources has provided a status update. The report includes summer exploration activities that have been completed as well as those set to begin on the company’s wholly owned Malartic Metals Package property and its wholly owned Parbec gold deposit; both properties are located in Malartic, Quebec (https://ibn.fm/zFCyy).
“I am pleased to update fellow shareholders on our completed and ongoing exploration efforts, which touch almost all our wholly owned mineral assets,” said Renforth Resources president and CEO Nicole Brewster in the press release. “Our team continues to develop our understanding of our Beaupr copper discovery, testing its size on surface under cover, and we have commenced testing mineralized material from our Victoria polymetallic system for suitability for preconcentration in a processing flow sheet, funded by the government of Quebec.
“We are also once again working on our Parbec gold deposit, testing our new understanding of the structure and identifying a location to strip the overburden in order to commence bulk/metallurgical test work,” Brewster continued. “Our team is delivering on multiple fronts with success in the field, laying the groundwork for our winter exploration season.”
Renforth is a battery metals area play with the dominant brownfield land position south of the world-class Cadillac-Larder Lake Fault in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth’s land position encompasses several areas of interest.
Renforth’s position is unique in that both the battery metals mineralization within the Malartic Metals Package (“MMP”) and its gold deposit at Parbec are road accessible, with hydro power crossing the property, in an established and secure mining jurisdiction, which regularly ranks in the world’s top 10 (as determined by the Fraser Institute).
For more information about the company, visit www.RenforthResources.com.
NOTE TO INVESTORS: The latest news and updates relating to RFHRF are available in the company’s newsroom at https://ibn.fm/RFHRF
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