Renforth Resources Inc. discovered new gold mineralization at its Parbec property in Quebec, located about 200 meters north of and separate from existing resources.
The company recently kicked off its 2017 prospecting and trenching program at Parbec, which identified an area hosting several undocumented trenches and a small pit, dubbed the Island Trenches.
Grab sampling from the pit area returned gold grades of 9.60 g/t and 3.69 g/t, while one sample from a nearby trench returned 2.12 g/t, according to the July 12 release. Follow-up work is planned.
Renforth also reported that similar material was identified at Deerfly Ridge, 300 meters to the northeast of the Island Trenches within the Piche volcanic group, with two grab samples and two channel samples collected and assays pending.
The company announced an initial resource estimate for Parbec in March 2016, with 33,592 ounces of gold in the indicated category and 514,108 ounces of gold in the inferred category.