Update on Renforth issues

Update on Renforth issues

90 minutes, 39 seconds Read

(The Newswire)

HIGHLIGHTS

Financing

  • In December, $200,000 in funds was raised

  • The final closing(s) of non-flow funds, in accordance with the previously announced terms, will take place on or before January 16.

Victoria polymetallic deposit

  • Test results for platinum and palladium are awaited

  • Pending permits are in place for drilling on the Victoria initially derived polymetallic open pit deposit in Quebec, with the aim of having drills running in February

Annual General Meeting

PICKERING, Ont. – The news line – January 5, 2026Renforth Resources Inc. (CSE: RFR,OTC:RFHRF) (OTC: RFHRF) (FSE: 9RR) (“Renforth” or the “Company”), would like to inform shareholders of the following ongoing business and exploration activities.

Flow-through financing completed

Renforth has raised $200,000 in flow-through funds through the sale of shares priced at $0.02 per share, issued on a flow-through basis. Proceeds from these funds will be used to drill our polymetallic deposit in Victoria near Malartic Quebec. It is expected that there will be at least one additional closing for the sale of common shares; the final closure will take place on or before January 16, 2026.

Victoria nickel sulfide polymetallic open pit

Platinum and Palladium Testing – As previously announced, 99 witness core samples have been selected by Renforth geologists and submitted for platinum and palladium analysis, with results expected this month. The selected samples were selected from lithologies and zones expected to contain Pt and Pd mineralization, as well as from lithologies expected to be non-mineralized, allowing the exclusion of non-mineralized lithologies in the future. Previous tests of 16 samples have shown that platinum and palladium are present in the mineralized ultramafic package. With this and future analysis, these metals should be included in the next resource statement for Victoria.

Renforth is authorizing approximately 1,000 meters of drilling at the Victoria deposit, which is expected to begin in February. The drill holes are designed to undermine and extend a previously drilled hole that was halted during mineralization, as shown by the MRE deposition model. SUR-21-04 contains several key intersections, one of which tested 0.55% Cu over 10.5 m from 182.7 m – 193.2 m, and contains a higher grade interval of 0.95% Cu over 0.55 m. This was the fourth hole drilled at Victoria and has not been followed up.

Renforth will also drill SUR-21-28, which intersects 0.46% Ni over 12 m from 187.5-202.5 ​​m and contains a 3.46% Ni over a 1.5 m interval. SUR-21-28 is a 234 meter long hole, terminating at a vertical depth of ~210 meters and undercutting two shallower boreholes. Mineralization can be monitored through the three holes. If this planned fourth hole, which will be a deeper undercut, is successful, it would extend mineralization beyond the currently modeled mineralized domains.

Annual General Meeting

Renforth held its General Meeting on the 15th of December, and all business was over before the meeting.

Qualified person

Francis Newton P.Geo OGQ and independently qualified person in accordance with the guidelines in NI 43-101 has reviewed and approved the geological information contained in this press release.

About Renforth Resources Inc.

Renforth Resources is a junior exploration and development company focused on advancing gold and polymetallic projects in Québec’s Abitibi mining district. The company’s flagship, wholly owned Parbec Gold Deposit – located adjacent to Agnico Eagle Mines Ltd.’s Canadian Malartic mine. – currently hosts 265,800 ounces of gold in the Measured and Indicated categories and 97,000 ounces in the Inferred category, within an open pit scenario using a cut-off value determined based on a value of US$2,100 per ounce of gold.

Renforth also has control over the Malartic Metals Package at district level, which includes the Victoria Polymetallic Deposit. In 2025, the company declared an initial NI 43-101 compliant inferred resource for Victoria of 125 million tonnes rated at 0.15% NiEq, an open-pit polymetallic system with significant potential for nickel, copper, zinc, cobalt and platinum group elements.

With road access, hydropower and proximity to established mining infrastructure, Renforth is strategically positioned to leverage its diversified resource base and location to create shareholder value.

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No securities regulatory authority has approved or disapproved the contents of this press release.

Forward-Looking Statements

This press release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward-looking. Forward-looking statements are often identified by words such as “may,” “will,” “plan,” “expect,” “believe,” “anticipate,” “estimate,” “intend” and similar words referring to future events and results. Such statements and information are based on management’s current opinions and expectations. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned not to place undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided, and the Company undertakes no obligation to revise or update these forward-looking statements, except as required by applicable law.

Company contact:

Renforth Resources Inc.

Nicole Brouwster

President and CEO

+1 416-818-1393

Nicole@RenforthResources.com

#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9

Copyright (c) 2026 TheNewswire – All rights reserved.


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