Renforth Obtains 3.10 g/t Au Over 18.2 Metres at New Alger Gold Project
February 24 2011 - 7:57AM
Marketwired Canada
Renforth Resources Inc. ("Renforth" or the "Company") (CNSX:RFR) is pleased to
announce initial assay results from its' New Alger Gold Project.
These results are highlighted by a length of 18.2 metres containing an average
of 3.10 g/t Au. This intersection includes 8 m of 5.52 g/t Au from drillhole
REN-10-05 as noted in the table of assay results below.
To date, complete assay results have been received for 4 of the 9 holes drilled
in this program. The Company has commenced work on a preliminary
re-interpretation of the New Alger mineralization, taking into account the
occurrence of arsenopyrite. Generally, the previous drill campaign on this
property focused on sampling the quartz vein systems and their adjacent areas.
Historically, it was thought and found, that the coarse gold on this property
was bound to the quartz veining. Due to more recent developments and the known
association between gold and arsenopyrite, Renforth focused this drill campaign
on sampling all occurrences of arsenopyrite. In some cases this was found to be
proximal to the quartz veining. Arsenopyrite was found in all lithologies at New
Alger and it is frequently visible in the form of needle-shaped crystals (up to
3mm in length). This was particularly the case within the two primary
mineralized bands in the Piche volcanics (notably alongside biotite and blueish
quartz veining), and was also found both within and around the veining in the
Pontiac and Cadillac greywackes.
David Danziger, President and Chief Executive Officer of Renforth, comments "We
continue to be encouraged by these initial assays. The results of focusing our
program on the arsenopyrite mineralization support our plan to re-examine New
Alger as much more than a known vein system."
Assay Result Highlights
------------------------------------------------
------------------------------------------------
Leng
HOLE From To th Au
ID (m) (m) (m) g/t
------------------------------------------------
------------------------------------------------
REN-10-01 83.00 84.00 1.0 3.00
------------------------------------------------
------------------------------------------------
REN-10-01 150.00 163.50 13.5 0.75
------------------------------------------------
including 153 154.2 1.2 0.98
------------------------------------------------
including 154.2 154.5 0.3 1.94
------------------------------------------------
including 154.5 156 1.5 2.79
------------------------------------------------
------------------------------------------------
REN-10-01 174.80 179.00 4.2 0.45
------------------------------------------------
------------------------------------------------
REN-10-01 187.30 188.80 1.5 0.44
------------------------------------------------
------------------------------------------------
REN-10-01 195.60 203.10 7.5 0.42
------------------------------------------------
including 195.60 197.10 1.5 1.27
------------------------------------------------
REN-10-01 237.50 241.50 4.0 0.86
------------------------------------------------
including 240.00 241.50 1.5 1.78
------------------------------------------------
------------------------------------------------
REN-10-01 246.90 249.70 2.8 1.10
------------------------------------------------
including 246.90 248.20 1.3 1.79
------------------------------------------------
------------------------------------------------
REN-10-05 116.70 134.90 18.2 3.10
------------------------------------------------
including 126.90 128.40 1.5 8.78
------------------------------------------------
including 128.40 129.40 1.0 4.84
------------------------------------------------
including 129.40 130.40 1.0 10.60
------------------------------------------------
including 130.40 131.40 1.0 3.03
------------------------------------------------
including 131.40 131.90 0.5 7.94
------------------------------------------------
including 131.90 133.40 1.5 5.01
------------------------------------------------
including 133.40 134.90 1.5 4.68
------------------------------------------------
------------------------------------------------
REN-10-05 162.10 176.10 13.5 1.02
------------------------------------------------
including 162.10 163.60 1.5 1.06
------------------------------------------------
including 168.10 169.60 1.5 3.47
------------------------------------------------
including 169.60 171.10 1.5 1.32
------------------------------------------------
------------------------------------------------
REN-10-05 193.00 194.50 1.5 1.10
------------------------------------------------
------------------------------------------------
REN-10-06 45.00 46.00 1.0 4.98
------------------------------------------------
------------------------------------------------
REN-10-06 100.00 102.00 2.0 1.16
------------------------------------------------
------------------------------------------------
REN-10-06 121.00 132.00 11.0 0.53
------------------------------------------------
------------------------------------------------
REN-10-06 136.00 142.00 6.0 0.58
------------------------------------------------
------------------------------------------------
REN-10-06 156.00 159.00 3.0 1.12
------------------------------------------------
including 157.00 158.00 1.0 2.58
------------------------------------------------
------------------------------------------------
REN-10-06 164.00 170.00 6.0 2.29
------------------------------------------------
including 168.00 169.00 1.0 6.38
------------------------------------------------
including 169.00 170.00 1.0 2.83
------------------------------------------------
------------------------------------------------
REN-10-06 186.00 187.00 1.0 2.33
------------------------------------------------
------------------------------------------------
REN-10-08 121.00 123.00 2.0 1.09
------------------------------------------------
including 122.00 123.00 1.0 1.53
------------------------------------------------
REN-10-08 173.00 186.00 13.0 2.10
------------------------------------------------
------------------------------------------------
REN-10-08 173.00 178.00 5.0 1.87
------------------------------------------------
------------------------------------------------
REN-10-08 182.00 185.00 3.0 3.66
------------------------------------------------
REN-10-08 198.00 205.00 7.0 1.07
------------------------------------------------
------------------------------------------------
REN-10-08 222.00 223.00 1.0 1.81
------------------------------------------------
------------------------------------------------
The complete assay results for these holes can be found on Renforth's website.
Upon receipt of the balance of the assay results and further interpretation
Renforth plans to issue an updated 43-101 report on this property.
Samples were selected, bagged and tagged in the field under the supervision of
Brian H. Newton P.Geo., and securely transported to ALS Chemex where the samples
were assayed using 35 Element Aqua Regia ICP-AES and Au 30g FA-AA finish,
overlimits samples were processed using Au 30g FA-GRAV finish.
Brian H. Newton P.Geo is a qualified person pursuant to NI 43-101 and has
reviewed and approved the technical information in this press release on behalf
of the Company.
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.
Renforth Resources (CSE:RFR)
Historical Stock Chart
From May 2024 to Jun 2024
Renforth Resources (CSE:RFR)
Historical Stock Chart
From Jun 2023 to Jun 2024
