Renforth continues work on Globex's Parbec

Executive Summary

• Renforth Resources is actively stripping a 325 m × 120 m area at Globex’s Parbec gold royalty property to expose the Cadillac Break‑related deposit.
• The project hosts a measured & indicated resource of 9.61 Mt @ 0.86 g/t Au (≈265,800 oz) and an inferred resource of 2.55 Mt @ 1.18 g/t Au (≈97,000 oz).
• Outcrop cleaning and channel sampling are slated to begin in April 2026, generating data for Renforth’s planned 2026 drill program and bulk‑sample work.

Key Details

• Royalty Position: Globex retains a 3 % gross metal royalty on all production from the Parbec property.
• Resource Summary (NI 43‑101, May 22 2025):
• Measured & Indicated: 9.61 Mt grading 0.86 g/t Au → ~265,800 oz Au.
• Inferred: 2.55 Mt grading 1.18 g/t Au → ~97,000 oz Au.
• Current Work: Renforth is stripping an area ≈325 m × 120 m to expose the Cadillac Break‑related gold deposit.
• Upcoming Activities: Outcrop cleaning and channel sampling are expected to start in April 2026 (or as soon as snow permits).
• Purpose of Stripping: To generate new structural and geological data supporting Renforth’s 2026 drill program and to expose surface within the targeted bulk‑sample area.
• Project Advantages Highlighted: Proximity to Malartic town, existing infrastructure, skilled labour pool, and supply chain logistics.

Notable Quotes

(No direct quotes were provided in the release.)