Drill Results
Renforth Resources Reports Systematic Platinum and Palladium Sampling Results at Victoria Deposit, Confirms Deposit-Wide Presence of PGMs in Ultramafic Horizon
RFR · Price
Executive Summary
- Renforth Resources completed a systematic platinum‑group metal (PGM) sampling of 99 half‑core samples from the Victoria polymetallic deposit, confirming widespread Pt and Pd presence.
- Detectable combined Pt+Pd was found in 90 % of samples with an average grade of 0.026 g/t (Pt avg 0.014 g/t; Pd avg 0.013 g/t).
- Higher‑grade intervals correlate with nickel grades >1,500 ppm, supporting the inclusion of PGMs as a by‑product in future resource estimates and economic assessments.
Key Details
- Program Scope: 99 samples from 9 drill holes across a 2.5 km strike length; all samples processed by MSA Labs under supervision of Qualified Person Francis Newton P.Geo OGQ.
- Detection Rate: 90 out of 99 samples (91 %) returned detectable combined Pt+Pd values.
- Grade Statistics:
- Pd – Min <0.002 g/t, Max 0.020 g/t, Mean 0.013 g/t
- Pt – Min <0.005 g/t, Max 0.033 g/t, Mean 0.014 g/t
- Pd+Pt – Min <0.002 g/t, Max 0.047 g/t, Mean 0.026 g/t
- Representative High‑Value Intervals:
| Hole | From (m) | To (m) | Length (m) | Pd (g/t) | Pt (g/t) | Pd+Pt (g/t) | Ni (ppm) |
|---|---|---|---|---|---|---|---|
| SUR‑21‑26 | 46.55 | 48.00 | 1.45 | 0.032 | 0.016 | 0.048 | 2,370 |
| SUR‑21‑20 | 85.50 | 87.00 | 1.50 | 0.019 | 0.023 | 0.042 | 2,880 |
| SUR‑21‑20 | 94.50 | 96.00 | 1.50 | 0.017 | 0.020 | 0.037 | 2,530 |
| SUR‑21‑23 | 55.00 | 56.00 | 1.00 | 0.022 | 0.015 | 0.037 | 2,290 |
| SUR‑21‑20 | 103.50 | 105.00 | 1.50 | 0.017 | 0.016 | 0.033 | 2,270 |
| SUR‑21‑20 | 109.50 | 111.00 | 1.50 | 0.015 | 0.014 | 0.029 | 2,530 |
| SUR‑21‑20 | 100.50 | 102.00 | 1.50 | 0.016 | 0.012 | 0.028 | 2,340 |
- Geological Context: The Victoria deposit (125 Mt; 0.12 % Ni) is an ultramafic‑black shale polymetallic system analogous to Outokumpu deposits, where PGMs are typically hosted in pentlandite‑bearing horizons.
- Strategic Implication: Confirmation of deposit‑wide Pt and Pd supports potential by‑product credits in future economic studies; the minerals are classified as critical by Canada, the U.S., and allied nations.
- Next Steps: Data will be incorporated into an updated mineral resource estimate (MRE) after completion of a planned 1,000 m drill program (permitting underway). Additional comprehensive Pt/Pd testing is recommended per the November 2025 NI 43‑101 Technical Report.
Notable Quotes
- “The near‑universal detection of Pt and Pd across our core samples confirms that PGM presence is a deposit‑wide characteristic, enhancing the strategic value of Victoria as a multi‑critical mineral asset.” – Nicole Brewster, President & CEO, Renforth Resources Inc.
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Jun 29, 2026 · 07:00