Renforth Resources Inc. (CNSX:RFR) has announced initial assay results from its' New Alger Gold Project.
These results are highlighted by a length of 18.2 metres containing an average of 3.10 g/t Au. This intersection includes 8 m of 5.52 g/t Au from drillhole REN-10-05.
To date, complete assay results have been received for 4 of the 9 holes drilled in this program. The Company has commenced work on a preliminary re-interpretation of the New Alger mineralization, 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. Historically, it was thought and 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.
David Danziger, President and Chief Executive Officer of Renforth, comments "We continue to be encouraged by these initial assays. The results of focusing our program on the arsenopyrite mineralization support our plan to re-examine New Alger as much more than a known vein system."
Upon receipt of the balance of the assay results and further interpretation Renforth plans to issue an updated 43-101 report on this property.
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.
Source: Renforth Resources Inc.