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Renforth Resources ( (TSE:RFR) ) has issued an update.
Renforth Resources Inc. has provided an update on its current project activities at the Parbec Gold Deposit and the Malartic Metals Package property. At Parbec, the company is updating its Mineral Resource Estimate and utilizing TOMRA technology to explore the presence of critical minerals such as copper, silver, zinc, molybdenum, and tungsten. At the Malartic Metals Package, initial core samples have been submitted for testing to assess the metallurgical characteristics of nickel and zinc mineralization. Additionally, a desktop study has identified a high-priority target for rare earth elements, which Renforth plans to explore further in the upcoming field season. These developments could enhance Renforth’s resource base and improve its competitive positioning in the mineral exploration sector.
More about Renforth Resources
Renforth Resources Inc. is a company engaged in the exploration and development of mineral properties in Ontario, Canada. The company operates the Parbec Gold Deposit and the Malartic Metals Package property, focusing on critical minerals including gold, nickel, and rare earth elements.
YTD Price Performance: -25.00%
Average Trading Volume: 91,773
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$3.63M
For a thorough assessment of RFR stock, go to TipRanks’ Stock Analysis page.