Renforth Files 43-101 Technical Report at New Alger Gold Project
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 08/26/11 -- Renforth Resources Inc. ("Renforth" or the "Company") (CNSX: RFR) announces that it has filed with the regulatory authorities, the independent NI 43-101 Technical Report by Minroc Management ("Minroc") on the Company's New Alger Gold Project located in the Cadillac Break, Val D'Or, Quebec.
The drilling program described in the report was completed in early 2011 and the Company is continuing to work on a re-interpretation of the mineralization at the project. Upon receiving and analyzing assay results from the drill program, Renforth has successfully verified the existence of near surface gold mineralization over longer widths. Gold mineralization associated with arsenopyrite is found in all lithologies at New Alger. The highest gold values seem to correlate with the presence of arsenopyrite in the form of coarse blades (up to 3mm length). Assay results from the 2011 drill program indicated a strong positive correlation between gold and arsenic values, and assuming that arsenopyrite is the only major carrier of arsenic, then its value as a gold indicator is emphasized.
Minroc recommends that a re-sampling be undertaken in some holes from the previous drilling programs on this project and to put a focus on the property west of L4+00E to test the westward extension of the mineralization as this hole intercepted the mineralized zone at depth 35.0-100.0m.
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 base and precious metals as well as diamond exploration company with significant concessions in the McFaulds Lake "Ring of Fire" discovery area of north-eastern Ontario, mid-western Spain and in the Cadillac Break, Val D'Or, Northern Quebec.
No securities regulatory authority has approved or disapproved of the contents of this news release.
Contacts:
Renforth Resources Inc.
David Danziger
President and Chief Executive Officer
(416) 368.5049
(416) 368.3151 (FAX)
Investor Cubed Inc.
Neil Simon
Principal
(647) 258.3311 or (888) 258.3323
(416) 363.7977 (FAX)
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Datum: 26.08.2011 - 19:21 Uhr
Sprache: Deutsch
News-ID 59762
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contact information:
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TORONTO, ONTARIO
Kategorie:
Mining & Metals
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