STOCK TITAN

RENFORTH RESOURCES INC - RFHRF STOCK NEWS

Welcome to our dedicated page for RENFORTH RESOURCES news (Ticker: RFHRF), a resource for investors and traders seeking the latest updates and insights on RENFORTH RESOURCES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RENFORTH RESOURCES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RENFORTH RESOURCES's position in the market.

Rhea-AI Summary

Renforth Resources Inc. (CSE:RFR)(OTCQB:RFHRF) has announced progress on its drill program at the Victoria West target in the Surimeau District of Quebec. As of March 29, 2021, the company has completed four drill holes covering 813 meters, revealing significant nickel, copper, and zinc sulphide mineralization. The mineralized bodies appear to be dipping north, suggesting a connection to the LaLonde target area. The drill program aims for 16 holes over 3500 meters. Samples from the completed holes have been sent for assay, with results forthcoming.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
-
Rhea-AI Summary

Renforth Resources Inc. has initiated a 3,500m drill program targeting the Victoria Nickel area within its 215 km2 Surimeau District property in Quebec. The property previously yielded sulphide nickel values from surface and subsurface samples, indicating strong mineralization potential. The drill program will explore approximately 3km of a 5km strike, following positive results from previous sampling efforts. Renforth aims to incorporate the results from this and a recent 15,569m program at its Parbec property into a revamped geological model.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.19%
Tags
none
-
Rhea-AI Summary

Renforth Resources Inc. (CSE:RFR) (OTCQB:RFHRF) announces participation in the Extractive Industries Investment Opportunities conference on March 30-31, 2021. The company plans to present its Surimeau District Project on March 30 and Parbec Gold Project on March 31, showcasing its mineral assets located near the Canadian Malartic Mine. With approximately $6 million in cash and securities, Renforth aims to highlight investment opportunities in critical and precious metals during the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Renforth Resources Inc. (CSE:RFR)(OTCQB:RFHRF) announced a new gold mineralization zone at Parbec, revealing promising assay results from drilling. Notably, drill hole PAR-20-105 highlighted significant gold values, including 5.34 g/t Au over 1.5 m and 15.8 g/t Au over 0.5 m. The discovery is outside the existing resource model, indicating potential for resource expansion. Renforth plans further investigations to determine the mineralization extent, backed by a well-funded operation with approximately $6 million in cash and securities as of March 15, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Renforth Resources Inc. (OTCQB: RFHRF) has commenced trading on the OTCQB Venture Market, expanding beyond its listings on the CSE and Frankfurt. As of March 15, 2021, the company completed 20 drillholes with one ongoing at the Parbec site, totaling 14,879m of drilling, and awaiting assays for 20 holes. Additionally, Surimeau is set to begin a 3,550m drill program soon. Renforth holds valuable gold deposits and has approximately $6 million in cash and securities, demonstrating its strong financial position for ongoing and future exploration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.45%
Tags
none
-
Rhea-AI Summary

Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(FSE:9RR) reported significant 2020 drill results from its Parbec gold project. A notable highlight is drillhole PAR-20-112, which returned 21.45m at 5.57 g/t Au, including 37.3 g/t Au over 1m. This new mineralization extends the previously known resource. The 2020 drill program aimed to fill data gaps and extend known mineralization, with ongoing drilling having reached 4095m as of March 8, 2021. Renforth expects the drill results to positively impact the resource recalculation. Assays are pending for additional drill holes from the current program.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
50.94%
Tags
none
Rhea-AI Summary

Renforth Resources (CSE:RFR, OTC PINK:RFHRF) provides an operational update regarding its drilling activities at the Parbec gold deposit and Surimeau nickel project. As of March 4, 2021, drilling at Parbec has surpassed 3,500 meters in 13 holes, with ongoing operations. The company has submitted samples for assay from 7 twin holes and plans a 15-hole program for Surimeau. Additionally, Renforth emphasizes its healthy financial state, with approximately $6.3 million in cash and securities, and aims to enhance its resource estimates. Shareholder concerns over trading practices were also addressed.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.43%
Tags
none
-
Rhea-AI Summary

Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF) has resumed drilling on its Parbec Gold Deposit in Quebec, part of a 15,000m drill program aimed at updating its geological model and NI 43-101 resource estimate. This phase includes 5,070m of drilling, targeting areas near the Canadian Malartic Mine. The results from 22 previously drilled holes are still pending. Renforth holds 104,000 indicated ounces and 177,000 inferred ounces of gold at Parbec with a cash position of approximately $6.7 million as of February 8, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
45.45%
Tags
none
-
Rhea-AI Summary

Renforth Resources Inc. has announced positive results from its Surimeau district Nickel/VMS prospect drill program. Drill hole SUR-20-003 revealed 0.156% Ni over 13m, with peak values of 0.483% Ni over 1m. Additionally, SUR-20-002 returned 0.126% Ni over 20.5m, including 0.209% over 2.4m. The program focused on the Victoria West target and covered approximately 5kms of prospective horizons. The mineralization is linked to a sulphide assemblage comprising nickel-bearing pyrrhotite, sphalerite, and chalcopyrite, indicating significant potential for resource development in this area.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
Rhea-AI Summary

Renforth Resources Inc. announced a successful first drill test at its Surimeau polymetallic project in Quebec. The project, covering 215 km2, is adjacent to the Canadian Malartic Mine. Drilling revealed polymetallic mineralization in both VMS and sedimentary host rock, indicating a new discovery with over 200m of proven sulfide presence. Two drill holes, SUR-20-001 and SUR-20-002, showed strong intervals of mineralization and varying percentages of sulfides. Although work was paused due to equipment issues and weather, core samples will be sent for assay to further evaluate the project's potential.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
none

FAQ

What is the current stock price of RENFORTH RESOURCES (RFHRF)?

The current stock price of RENFORTH RESOURCES (RFHRF) is $0.015 as of April 16, 2024.

What is the market cap of RENFORTH RESOURCES (RFHRF)?

The market cap of RENFORTH RESOURCES (RFHRF) is approximately 4.8M.

RENFORTH RESOURCES INC

OTC:RFHRF

RFHRF Rankings

RFHRF Stock Data

4.78M
329.27M
3.36%
Gold
Basic Materials
Link
United States of America
Pickering