Sparkling Opportunity: Battery Metals Add Green Sheen to Renforth Resources' Diverse Portfolio

• Renforth Resources (RFR) trades on the CSC and OTC New York and has several assets.
• Two primary assets are the Parvec gold deposit and the Ceramo district property, both near the Canadian Malartic mine in northwestern Quebec.
• Ceramo district property, spanning 260 sq km, contains several areas of polymetallic mineralization, specifically battery minerals such as cobalt, nickel, copper, and zinc.
• The company previously focused on gold, but recent explorations uncovered significant base metals mineralization.
• Renforth aims to validate historical data, explore further into high-grade copper and nickel deposits, and assess the potential of their assets, but has no immediate plans to rebrand.

About Renforth Resources

Renforth Resources Inc. (RFR.V, RFRFF), headquartered in Toronto, Canada, is a junior exploration company with a diversified portfolio of properties in Quebec. The company explores for a variety of minerals including gold, copper, nickel, zinc, cobalt and platinum group metals. Renforth’s flagship property is the wholly-owned Parbec open pit gold deposit located on the Cadillac Break near the Canadian Malartic mine. The company also holds the large, district-scale Surimeau property hosting multiple areas of polymetallic mineralization with potential as battery metals deposits. With a tight share structure and experienced management team, Renforth Resources offers investors exposure to in-demand commodities in a top mining jurisdiction.

Interview with Nicole Brewster, President & CEO of Renforth Resources

Green Energy Metals discovered at Surimeau

Surimeau, located ~20km south of the town of Malartic, consists of 260 square kilometers of claims staked over an historic polymetallic mineralized system. Last year, while exploring Surimeau for gold, Renforth discovered significant nickel, copper and cobalt mineralization. This prompted the company to refocus exploration on the battery metals potential of the property. Work to date has identified high grade nickel and copper associated with mafic/ultramafic intrusive units at several areas including the Victoria and Collin prospects, located 20km apart. Channel and grab samples have also returned high values for platinum, palladium, zinc and cobalt.

With only ~4600m of drilling completed, the extent of polymetallic mineralization at Surimeau is still unknown. However, mapping and sampling indicate the systems are large, continuous and could host substantial resources. For example, channel sampling over ~2.2km of the Victoria trend reveals continuity of sulphide mineralization at surface.  Geophysics surveys in early 2022 will help guide exploration across the 14km gap between the main mineralized zones. There is potential for Renforth to delineate a major new battery metals district in the heart of Quebec’s most productive mining region.

Gold Exploration Continues at Parbec

While the spotlight is currently on Surimeau, Renforth has not lost sight of the value locked within its Parbec gold deposit. Located contiguous to the 20M oz Canadian Malartic mine, Parbec hosts an open pit constrained indicated resource of 104,500 oz Au at a grade of 1.78 g/t and an inferred resource of 177,300 oz Au at a grade of 1.77 g/t. The deposit shares a similar structural setting and lithologies to the high grade orebodies mined at East Malartic and Barnat, now part of the Canadian Malartic operation.

In 2021, Renforth’s 15,000m drill program at Parbec successfully twinned a number of historic holes, confirming grades and continuity of mineralization. Several impressive intercepts were obtained including 11.75 g/t Au over 3.3m and 4.53 g/t Au over 9.5m. However, full value potential of the deposit has yet to be unlocked. Mineralization remains open at depth and requires structural analysis to guide additional drilling. The company will work toward expanding and upgrading the resource in 2022 with plans for further sampling, structural study and a modest drill program before year-end.

Well Positioned with Optionality in a Rising Market

With promising assets and metals diversification, Renforth Resources is positioned to benefit from strength across both precious and battery metals sectors. The value of the company’s gold and base metals projects stand to grow considerably with upcoming exploration results. Renforth can advance this work while maintaining a low burn rate, funding programs through periodic raises, stockpiled cash and strategic asset sales if desired.

Improving macro conditions expected in 2022 - including rising inflation, real negative interest rates, a weakening dollar and uncertainty around ESG dynamics of major copper/nickel producers - could ignite prices for precious metals and battery metals alike. In this environment, junior explorers with quality assets like Renforth with potential to grow resources in politically stable jurisdictions will attract investor dollars.

Conclusion

Renforth Resources presents a unique speculative opportunity for investors wanting exposure to rising gold and battery metals markets. With imminent news flow, multiple prospective projects at various stages and sufficient working capital, Renforth shares could re-rate substantially higher as the company systematically unlocks value across its portfolio.