Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,038.30 −1.9% Silver 51.37 −2.5% Copper 6.26 −1.4% Oil 85.86 −1.1% Palladium 1,024.50 +0.3% SLG 6.05 −4.0% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.050 +0.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.250 −26.5% RAMP 0.250 −7.4% QTWO 1.70 +5.3% SUM 1.29 −2.3% SGML 7.48 −10.4% BOGO 0.730 −7.6% Gold 4,038.30 −1.9% Silver 51.37 −2.5% Copper 6.26 −1.4% Oil 85.86 −1.1% Palladium 1,024.50 +0.3% SLG 6.05 −4.0% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.050 +0.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.250 −26.5% RAMP 0.250 −7.4% QTWO 1.70 +5.3% SUM 1.29 −2.3% SGML 7.48 −10.4% BOGO 0.730 −7.6%
M&A / Property

Renforth continues work on Globex's Parbec

RFR · Price

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.)

Read the original news release →

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