Renforth Resources Inc.
CNSX : RFR

Renforth Resources Inc.

May 10, 2011 10:04 ET

Renforth Obtains 1.57 g/t Au Over 15.2 Metres at New Alger Gold Project

TORONTO, ONTARIO--(Marketwire - May 10, 2011) - Renforth Resources Inc. ("Renforth" or the "Company") (CNSX:RFR) is pleased to announce assay results for the balance of its' initial drill program at New Alger, with the highlight being a length of 15.2 metres containing an average of 1.57 g/t Au. This intersection includes 1.5 m of 6.56 g/t Au from drillhole REN-10-04 as noted in the table of assay results below.

"We are extremely pleased with the success of our initial program at New Alger. Each of the 9 holes drilled intersected gold, and supports the need to complete a re-interpretation of the New Alger project. We have demonstrated that there is more to this property than a quartz veining system carrying gold, and this result creates new opportunities for our next exploration phase. Instead of exploring for the plunging vein chutes or cross cutting structures where gold was emplaced (as was done previously) we will be targeting the mineralization we have identified occurring over greater widths with compelling grades. The success of Osisko in identifying a relatively shallow, lower grade, large tonnage resource at Malartic has influenced our exploration approach." states David Danziger, President of Renforth.

Highlights for the assay results from the final 5 holes drilled on the New Alger property appear in the table below. Renforth was successful in finding gold in each of nine holes in this program. The Company has commenced work on a preliminary re-interpretation of the mineralization on its' New Alger property, taking into account the occurrence of arsenopyrite. Generally, the previous drill campaign on this property focused on sampling the quartz vein systems and their adjacent areas. Previous interpretation of historical drilling found that the coarse gold on this property was bound to the quartz veining. Due to more recent developments and the known association between gold and arsenopyrite, Renforth focused this drill campaign on sampling all occurrences of arsenopyrite. In some cases this was found to be proximal to the quartz veining. Arsenopyrite was found in all lithologies at New Alger and it is frequently visible in the form of needle-shaped crystals (up to 3mm in length). This was particularly the case within the two primary mineralized bands in the Piché volcanics (notably alongside biotite and blueish quartz veining), and was also found both within and around the veining in the Pontiac and Cadillac greywackes.

Assay Result Highlights

DrillholeFrom (m)To (m)Length (m)Au g/t
REN-10-02174.00191.2017.200.34
includes175.50177.001.501.10
REN-10-02195.70205.509.800.37
REN-10-03196.50218.2021.700.64
includes206.70213.606.901.19
REN-10-04145.50147.001.502.20
REN-10-04158.30158.600.306.67
REN-10-04177.70192.9015.201.57
includes187.10188.601.502.98
includes189.90191.401.503.44
includes191.40192.901.506.56
REN-10-04201.50213.0011.501.26
includes208.50210.001.504.05
includes210.00211.501.504.45
REN-10-0737.3055.5018.201.18
includes48.2049.201.002.01
includes49.2050.501.302.27
includes51.0052.501.501.64
REN-10-0762.0067.105.101.17
includes62.0062.500.502.69
includes62.5062.900.403.75
REN-10-0791.8098.206.400.82
includes91.8092.600.804.61
REN-10-09230.50245.6015.101.40
includes230.50232.001.503.02
includes238.80245.606.802.12

The complete assay results for these holes can be found on Renforth's website.

Samples were selected, bagged and tagged in the field under the supervision of Brian H. Newton P.Geo, and securely transported to ALS Chemex where the samples were assayed using 35 Element Aqua Regia ICP-AES and Au 30g FA-AA finish, overlimits samples were processed using Au 30g FA-GRAV finish.

Brian H. Newton P.Geo is a qualified person pursuant to NI 43-101 and has reviewed and approved the technical information in this press release on behalf of the Company.

About Renforth

Renforth Resources Inc. is a Toronto-based diamond, base metals and precious metals exploration company with significant concessions in the McFaulds Lake "Ring of Fire" discovery area of north-eastern Ontario as well as Spain and Northern Quebec. Renforth has five diamondiferous kimberlites referred to as the Kyle kimberlites: two are at the commercial bulk-sampling stage; the remaining three are targeted for specific follow-up drilling and economic evaluation. Additional mineral claims lie between ten and twenty kilometres from Noront Resources Ltd.'s base metal discoveries at its Double Eagle Project. The Company also has now acquired the Mina Maria Luisa project located in Southwestern Spain, approximately 30 kilometres from the Aguas Tenidas Mine. Renforth intends to drill targets at Mina Maria Luisa in 2011. Renforth is the operator in a Joint Venture with Cadillac Ventures Inc. on the New Alger gold project in Quebec and completed a drill program in 2011.

No securities regulatory authority has approved or disapproved of the contents of this news release.

Contact Information

  • Renforth Resources Inc.
    David Danziger
    President and Chief Executive Officer
    (416) 368.5049
    (416) 368.3151 (FAX)
    info@renforthresources.com

    Investor Cubed Inc.
    Neil Simon
    Principal
    (647) 258-3311, (888) 258-3323
    (416) 363-7977 (FAX)
    nsimon@investor3.ca