Fieldwork Resumes at Renforth's Parbec Gold Deposit in Malartic, Quebec

Executive Summary

• Resumption of the chipping and stripping program at the Parbec Gold Deposit after a pause since November 2025.
• Confirmation of regulatory feasibility for a bulk‑sample project at Parbec and initiation of permitting and baseline studies.
• Positive platinum‑palladium testwork results from the Victoria Polymetallic Deposit, enabling inclusion of these metals in the upcoming resource estimate.
• Completion of a previously announced financing round (additional $30 k in common share units and $15 k in 2026 flow‑through shares).

Key Details

• Parbec Gold Deposit – Chipping and stripping program restarted within the open‑pit footprint; underground decline termination also underway.
• Regulatory Feasibility – Formal exchanges with MRNF and MELCC yielded positive feedback confirming feasibility of the bulk‑sample project.
• Permitting – ATI permitting process for the bulk sample initiated; environmental baseline study started; geological model being updated for an underground mining scenario.
• Victoria Polymetallic Deposit – Witness core samples tested for platinum and palladium returned positive results, confirming their presence in the ultramafic package. Future assays will include these metals, allowing their inclusion in the next resource statement.
• Financing Completion – Additional $30,000 of common share units and $15,000 of 2026 flow‑through shares sold, finalizing the previously announced financing.
• Options Issuance – 8,850,000 stock options granted at $0.05 per share, exercisable over a five‑year period to officers, directors, and consultants.
• Qualified Person – Martin Demers, P.Geo., OGQ (VP of Exploration) reviewed and approved all geological information disclosed.

Notable Quotes

(No direct quotes were provided in the release.)