02:55:48 EST Fri 27 Feb 2026
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Renforth Resources Inc (2)
Symbol RFR
Shares Issued 340,736,118
Close 2026-02-26 C$ 0.025
Market Cap C$ 8,518,403
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Renforth extends Parbec fieldwork

2026-02-26 18:36 ET - News Release

Ms. Nicole Brewster reports

FIELDWORK EXTENDED ON RENFORTH'S PARBEC GOLD DEPOSIT NEAR MALARTIC, QUEBEC

Renforth Resources Inc. has informed shareholders of positive developments at the company's Parbec gold deposit and the permitting status of the company's planned drilling on its Victoria critical minerals deposit.

Highlights

Parbec

  • 2026 season stripping work has already started with chipping operations extended to the entire permitted area;
  • Geological modelling of the gold deposit is continuing, this creates the framework for the planned bulk sample at Parbec.

Victoria polymetallic deposit

  • Victoria forestry permit received, ATI permit awaited for next drilling program.

Prospectors & Developers Association of Canada 2026

  • Visit Renforth in booth No. 2136.

Parbec gold deposit

  • Renforth has extended chipping operations to encompass the entire permitted area at its wholly owned Parbec gold deposit, an area approximately 325 metres by 120 m. This phase prepares access to the field for starting the stripping operation early.
  • The initial program has been completed, and the balance of permitted chipping is expected to require an additional 1.5 to two weeks.
  • Outcrop cleaning and channel sampling should start in April.
  • Recent interpretation of drilling in plan view has identified a repeating pattern of nearly east-west shear zones crosscutting the drilled width of the Cadillac fault zone, including the Pontiac contact.
  • Crosscutting shears control a conjugated pattern of mineralized zones connected to the regional northwest-trending Cadillac fault. This model better constrains the mineralization within the swarms of porphyritic intermediate dikes.

In preparation of the bulk sample geometric aspects of mineralization have been highlighted:

Recent plan view interpretation of drilling has identified:

  • Continuous gold mineralization is confirmed from surface to approximately 250 metres depth.
  • Two approximately 400 metre mineralized lenses are split by an oblique structural zone. The repetition of this pattern in space supports the presence of additional mineralized lenses laterally and down dip.
  • Drill spacing increases below 250 m, widening to approximately 100 m and locally exceeding 200 m; despite the reduced density of drilling, gold mineralization continues to be intersected at depth where drilling has been completed.
  • The northern contact remains a valid exploration target that can be developed. The contact is marked by a lensy mylonitized structure displaced by oblique crosscutting shears.
  • To the south, the Pontiac contact with the volcanic Piche Group represents an additional target with potential to develop the vein systems already confirmed close to surface.

"We have decided to complete all of our permitted chipping at our Parbec gold deposit, to be followed by stripping the overburden, based upon the success of the work completed late last year. This work builds on our exposure of the Diorite Splay/hinge fold intersecting with the Cadillac Break achieved last year. Higher gold grades appear to be associated with this structural intersection. Importantly, where this hinge structure attenuates as indicated by drilling along strike, gold mineralization remains present, albeit at lower grades, suggesting a broader mineralized system. We anticipate seeing the Cadillac Break exposed for the first time in the western end of the stripped area, additional exposure of the Diorite Splay and the Pontiac, and we will see surface within the targeted bulk sample area for the first time. This will generate significant new structural and geological data to support our 2026 drilling program," states Nicole Brewster, president and chief executive officer of Renforth.

"Parbec's size should be viewed within the geological context of the Malartic-Cadillac corridor. Numerous past-producing mines in this camp operated successfully on resource bases comparable to or smaller than Parbec's current footprint, particularly where structural continuity and vertical persistence were demonstrated. What we are observing at Parbec is not an isolated vein, but a structurally segmented system displaying repeating mineralized corridors over approximately 800 metres in plan. Higher grades appear associated with the Diorite Splay intersecting the Cadillac Break, while lower-grade mineralization persists beyond that structural core. The presence of mineralization from surface to approximately 250 metres depth, combined with continued intercepts at greater depths where drilling has occurred, supports the interpretation of a vertically persistent system. With additional drilling, we expect to better define and potentially expand this footprint both laterally and at depth," states Martin Demers, PGeo, vice-president of exploration.

Why this matters

  • A refined structural model improves predictability of gold mineralization;
  • Repeating shear corridors suggest expansion potential laterally and at depth;
  • Mineralization confirmed from surface to approximately 250 m, with deeper intercepts supporting vertical continuity;
  • Stripping will expose key structural intersections for the first time;
  • Improved targeting reduces geological uncertainty ahead of the next drill phase;
  • Bulk sample preparation now aligned with stronger structural understanding.

Next phase -- drilling and permitting

The upcoming phase of work at Parbec will integrate targeted drilling with the advancement of environmental and geotechnical baseline studies required to support permitting for the planned bulk sample.

The drilling program will focus on:

  • Better define known mineralized zones;
  • Expand resources laterally;
  • Test vertical continuity below current drilling density;
  • Evaluate mineralization potential within the Pontiac sediments to the south;
  • Test the northern contact.

Initial drill collar locations have been designed based on the current structural model. Detailed summer mapping of newly exposed bedrock will further refine structural interpretations and may inform follow-up drilling as the program advances.

In parallel, environmental and geotechnical studies are being advanced to ensure regulatory readiness and support the bulk sample permitting process.

Victoria nickel sulphide polymetallic open pit deposit

Renforth has received the forestry permit required for the siting of the company's planned three drill stations, the company is awaiting the ATI permit.

Upon receipt of this permit the company plans on drilling approximately 1,000 m in three drill holes designed to undercut single drill results obtained in 2021 drilling.

PDAC 2026

Visit Renforth at booth No. 2136 at PDAC 2026

Qualified person

Martin Demers, PGeo, OGQ, a qualified person pursuant to the guidelines in National Instrument 43-101 and vice-president of exploration for Renforth, has reviewed and approved the geological information contained in this press release.

About Renforth Resources Inc.

Renforth Resources is a junior exploration and development company focused on advancing gold and polymetallic projects in Quebec's Abitibi mining district. Its flagship asset, the wholly owned Parbec gold deposit -- located beside Agnico Eagle Mines Ltd.'s Canadian Malartic mine -- currently hosts 265,800 ounces of gold in the measured and indicated categories within 9.61 Mt (million tonnes) grading 0.86 g/t Au and 97,000 ounces in the inferred category within 2.55 Mt grading 1.18 g/t Au, within an open-pit scenario using a cut-off grade determined using a value of $2,100 (U.S.) per ounce of gold in April, 2025.

Renforth also controls the district-scale malartic metals package, which includes the Victoria polymetallic deposit. In September, 2025, the company declared an initial National Instrument 43-101 inferred resource for Victoria of 125 Mt (million tonnes) grading 0.15 per cent NiEq (nickel equivalent), an open-pit polymetallic system over 2.5 kilometres using trailing average metal prices current at that time.

With road access, hydroelectric power and proximity to established mining infrastructure and operating mines Renforth is strategically positioned to leverage its diversified resource base and location to create shareholder value.

We seek Safe Harbor.

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