Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) told investors that the fall exploration program at its Surimeau property in Quebec has begun with the focus on roughly 2 kilometers (km) of mineralized strike in the central portion of the approximately 20 km long Victoria mineralized structure.
The company said it plans to drill approximately 4,000 meters (m) in a series of drillholes designed to undercut previous mineralization, to infill the spacing along the 2.2 km of strike currently defined in the main Victoria area to approximately 100m between drillholes.
The program is aimed at supporting a maiden 43-101 mineral resource estimate (MRE) calculation and to collar additional holes in the north — drilled south as the mineralization dips north — to intersect the three mineralized repetitions identified to date.
Renforth said the Victoria mineralized horizon is interpreted as an ‘Outokumpu’ style mineralized occurrence, commencing on surface to the deepest pierce point drilled to date, at roughly 160 meters vertical depth.
It explained that Outokumpu refers to a mining district in eastern Finland where several similar deposits have been mined since the early 1900s. Outokumpu-type deposits occur in close association with ultramafic rocks where mineralization occurs as a result of structural juxtaposition between magmatic nickel-copper-platinum group metals and stratabound, syngenetic zinc-copper volcanogenic massive sulphide (VMS)-type sulfides.
It said the Outokumpu-type assemblage found at Surimeau generally consists of carbonate rock, calc-silicates, and serpentinite in close contact with bands of graphitic mudstones that are generally less than 5m in thickness.
Renforth is a secure multi-commodity 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.
Contact the author at stephen.gunnion@proactiveinvestors.com