Renforth Resources (CSE:RFR) has completed half of the previously reported undercut drilling program at the Parbec gold deposit in Canada.
Drilling has been targeting undercuts in the general areas of Channel 51 and Channel 58, which are located proximal to the Cadillac Break at the eastern end of the trenched area.
The company says it has visually observed in drill core the lithologies it is targeting at Parbec. Samples will be taken and assayed, with results released as they become available.
In late June 2026, Renforth completed a channel cutting campaign using drone-assisted geological mapping across the open pit footprint of the Parbec deposit.
Channel results returned 2.97 grams per tonne gold (Au) over 10.2m and 2.48g/t silver (Ag) over 2m, as previously reported.
The Channel 51 sample also returned 1.93g/t Au over 1m and 4.42g/t Ag over 1.75m. Meanwhile Channel 58 returned 8.02g/t Au over 2.55m, including 28.77g/t Au and 3.6g/t Ag over 0.6m.
Renforth has also raised C$186,000 ($187,781.61), following the closing of a financing conducted on 30 July.
The company issued around 4.799 million flow-through shares at C$0.03 per share and 1.4 million common share units. Each unit comprised one share and half of a warrant, exercisable at C$0.06 for a 18-month period.
Renforth Resources is a Canadian junior gold explorer focused on advancing the Parbec gold deposit in the Abitibi region of Québec.
Write to Aaliyah Rogan at Mining.com.au
Images: Renforth Resources
