Renforth Resources (CSE:RFR) has started a drilling program at its Victoria Nickel-Copper-Cobalt Project in Québec, Canada, aimed at expanding the maiden resource announced last year.
The campaign will test two mineralised zones first intersected during drilling in 2021 and 2022, with holes designed to undercut previously reported results.
Those earlier intercepts included 74.55m grading 0.14% nickel and 95.43 parts per million cobalt, and 170.55m grading 0.16% nickel and 100.2 parts per million cobalt.
Last November, Renforth published an initial pit-constrained inferred resource for Victoria of 125 million tonnes grading 0.12% nickel, 0.02% copper, and 0.01% cobalt, equivalent to 0.15% nickel.
“We are happy to have the drill turning on our Victoria Project again, initially undercutting some very good prior results in order to, with success, begin expanding the initial resource,” CEO Nicole Brewster says.
Brewster says the company believes the deposit has potential to grow both within the existing 2.5km strike length and at depth.
She also says the longer-term opportunity lies in testing the remainder of the 20km-long mineralised structure that hosts the Victoria deposit.
Victoria forms part of Renforth’s Malartic Metals Package property between Cadillac and Malartic, close to Agnico Eagle Mines’ (TSX:AEM) Canadian Malartic and LaRonde operations.
Renforth Resources is a Canadian junior exploration company focused on advancing the Parbec gold deposit in the Abitibi region of Québec and also holds the Victoria polymetallic deposit.
Write to Jackson Chen at Mining.com.au
Images: Renforth Resources
