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Renforth Resources
Crux Investor Index
4
–
Market Cap (USD)
1869068
Symbol
CSE:RFR
OTCQB:RFHRF
Stage of development
Exploration
Primary COMMODITY
Gold
Additional commodities
Nickel
Renforth Resources is focused on exploring its wholly owned Surimeau battery metals project in Quebec. Surimeau covers over 300 sq km and hosts multiple zones of nickel-copper-cobalt mineralization along a 20km trend. The Victoria and Lalonde zones have each been traced on surface for approximately 9km of strike.
Limited drilling to date at Victoria has intersected a broad interval of low grade sulphide nickel mineralization starting at surface, with grades increasing at depth. Additional work is required to define the full extent of mineralization, but Renforth sees open pit potential at Surimeau. The project benefits from excellent infrastructure with road access and nearby hydro power.
In addition to battery metals, Surimeau also offers exposure to gold, rare earth elements and lithium on the extensive property package. Ongoing field work is evaluating numerous mineralized showings and exploration targets. Renforth's wholly owned Parbec gold project provides an intrinsic value backstop and potential source of funding
Article
No analyst notes