Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) announced that winter 2023 drilling has begun on a roughly 20 kilometer-long surface nickel sulfide polymetallic mineralized system (the Victoria system) at its Surimeau District Property in Quebec.
This drill program will take place near the western property border, about 4km west of previous drilling on the Victoria structure, which has been drilled over a 2.2 km length within the 20 km mineralized system.
The Victoria mineralized system is clearly visible as a high mag within Renforth's airborne magnetic survey, in several locations there are high-priority electromagnetic (EM) anomalies coincident with the magnetic anomaly, along the entire system, the company said.
In the western end of the Victoria system, interpretation of the Airborne EM/magnetic survey shows an interesting curvature to the trend possibly representing sinusoidal folding which may have resulted in greater mineralized fluid entrapment. There are also clear crosscutting structures indicating minor offsets of the anomaly across this area.
Surface prospecting and sampling has identified mineralization within ultramafic rocks with bands of calc-silicates, typical of the Victoria system, including the 2.2 km drilled area, the company said.
CEO Nicole Brewster plans to share an update with shareholders on the Emerging Growth Conference platform at 3:05 pm on March 22.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
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