Renforth Resources Visually Observes Mineralization in Channel Cutting of Diorites and Felsites in Open Pit Footprint at Parbec Gold Deposit

Executive Summary

• Renforth Resources completed an initial channel cutting campaign and drone-assisted geological mapping at its wholly owned Parbec gold deposit in Quebec, revealing new geological insights within the open pit footprint.
• The program uncovered felsite and diorite lithologies to a greater extent than previously understood, with felsite horizons showing continuity of tens of meters and true widths approaching 15m in some areas, significantly wider than the ~1m widths typically seen in drilling.
• While the primary goal was to expose the Cadillac Break, excessive overburden prevented full exposure along the northern side; however, the program successfully identified new crosscutting structures and shear zones resembling lamprophyre dykes, which were previously inferred but rarely observed in outcrop.

Key Details

• Program Scope: 8 channels were cut across 5 areas within a stripped envelope of approximately 250m by 100m (within a 350m by 125m area) at the Parbec deposit.
• Geological Findings:
  • Felsite Continuity: Felsite horizons are strongly silicified, intensely fractured, and host 2-6% fine disseminated pyrite. They stretch for tens of meters subparallel to the Cadillac Break.
  • Width Discrepancy: While drilling showed felsites as gold-bearing but only ~1m wide, outcrop observations show true widths approaching 15m in some areas.
  • New Structures: Crosscutting structures trending north-south through the break were observed, bearing close resemblance to lamprophyre dykes. Undulating folds sub-parallel to the break strike and smaller-scale drag folding (metre-scale offsets) were also noted.
  • Diorite Exposure: Diorites, known to be mineralized in prior drilling, were exposed, including the "diorite splay" in the western portion.
• Channel Sampling Details (Visual Observations Only):
  • CHNL-PAR-26-51 (24.2m): Mix of sheared diorite, chlorite schist, and sheared felsite. Mineralization varies from trace to 5% fine disseminated pyrite-pyrrhotite. Northern half is felsite/porphyry with 3-5% pyrite and frequent quartz veinlets/stockworks.
  • CHNL-PAR-26-52 (5.6m): Mostly diorite/sheared diorite. North end exposes quartz-ankerite-tourmaline veining and felsite mineralized with up to 5% pyrite.
  • CHNL-PAR-26-53, 54 & 55 (1.4m, 0.85m, 4.12m): Located near a small stockwork zone. Channel 53 exposes QFP and a cross-cutting quartz vein. Channel 54 cuts Pontiac sediments across the same vein. Channel 55 cuts across a porphyry dyde mineralized with up to 5% pyrite.
  • CHNL-PAR-26-56 & 57 (8.8m and 1.75m): Channel 56 exposes chlorite schist and sheared diorite with two ~1m wide felsites in between (4% pyrite, quartz-stringer stockwork). Chlorite schist and diorites show up to 1% medium disseminated pyrite. Channel 57 covers mineralized felsite with chlorite schist on either side.
  • CHNL-PAR-26-58 (18.7m): Mix of sheared diorite, chlorite schist, and QFP. QFP and sheared diorites at the north end are mineralized with 3-5% pyrite.
• Assay Status: Samples have been submitted for assay; results are not yet available and will be released when received.
• Administrative Note: The release includes a separate announcement of an option grant (250,000 options at $0.05 CAD) to a consultant, which is classified as administrative but included here for completeness.

Notable Quotes

• “This program has yielded an exceptional amount of new data, we are seeing more of the lithologies at Parbec associated with gold uncovered on surface in the stripped area than we expected to. Once again – while we are working on a proven gold deposit, in the footprint of the open pit that goes with the MRE, we are still discovering new things, positive things.” – Nicole Brewster, President and CEO