Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) revealed “consistent” surface nickel mineralization and copper enrichment at its Surimeau District Property in Quebec.
The company said that channel sampling results across a nearly 275-metre stripped surface area of the nearly five-kilometre Victoria West nickel-copper mineralized system demonstrated consistent elevated nickel and cobalt values along with high copper and zinc values.
Renforth referred to the two mineralization types as a “mix,” with the highlight of the mix being a 12.9 metre section that returned overall assays of 0.121% nickel and 0.013% copper, including 0.224% nickel over 1 metre, and 5.5 metres of 0.43% copper and 1.63% zinc, within which 0.8 metres assays 2.05% copper.
READ: Renforth completes trenching program at Victoria West exposing continuous nickel, cobalt, copper and zinc
In addition to the consistent mineralization, channel sampling also resulted in a greater proportion of copper-zinc intersections than seen in drilling.
Renforth is currently exploring the over five kilometre polymetallic system, located within a 20 kilometre magnetic anomaly, where Renforth has only drilled 5,626 metres.
Renforth CEO Nicole Brewster told investors that the results demonstrated a surface system at Victoria West, giving it “another advantage” with easily and cost effectively, accessed mineralization.
“For Renforth the multiple metals present, the location and the jurisdiction of this discovery mean we can consider grades which, while they may appear low when compared to other projects around the world and under deeper cover, are in fact very interesting to us,” Brewster said in a statement.
Surimeau is located approximately 70 kilometres from Glencore’s Horne Smelter in Rouyn-Noranda, Canada’s only copper smelter.
“If Renforth is fortunate to have an asset in Victoria West which is proven, in the future, to warrant being mined the solution is sitting within an hour from our doorstep,” Brewster added.
“To be clear, Victoria West is not a mine yet, and we do not know if it will be. But we look forward to aggressively pursuing the answer to that question.”
Contact Angela at angela@proactiveinvestors.com
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