Parbec and Victoria Move Into Active Development Phase With New Field Programs, AI Targeting, and Drill Planning
Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF | FSE: 9RR) has restarted exploration activity across both of its flagship projects near Malartic, Quebec, marking another step forward in a strategy that combines near-surface gold development with large-scale critical minerals exploration.
The company recently announced renewed field activity at its wholly owned Parbec Gold Deposit and Victoria Polymetallic Deposit, two cornerstone assets located in Quebec’s Abitibi region, one of the most prolific mining districts in the world. The update follows several months of progress that included a major resource increase at Parbec, continued geological work at Victoria, and the advancement of plans designed to unlock value across Renforth’s extensive land position.
With equipment mobilizing at Parbec, a new AI-assisted targeting program underway at Victoria, and a drill permit now secured for future drilling, Renforth is entering a period defined by execution and exploration.
Parbec Continues Building Momentum Following Resource Growth
Parbec has become an increasingly important asset within Renforth’s portfolio following the filing of its updated 2025 Mineral Resource Estimate.
Earlier this year, the company reported a 29% increase in total gold ounces at Parbec, bringing the deposit to 363,000 ounces of gold. Importantly, approximately 73% of those ounces are now classified in the Measured and Indicated categories, representing the highest-confidence portions of the resource. In addition, 87% of the resource ounces are contained within a modeled open-pit shell.
The latest field program builds upon stripping and surface work completed during late 2025. That work exposed the intersection of the gold-bearing Cadillac Break and the Diorite Splay, a mineralized structure extending into the Pontiac sediments.
The current program expands surface coverage to approximately 320 metres by 120 metres and is designed to expose additional portions of the Cadillac Break while also advancing work above a targeted underground bulk sample area.
The project benefits from an existing underground decline, nearby infrastructure, and a location directly adjacent to the Canadian Malartic mining complex, one of Canada’s best-known gold-producing districts.
Victoria Expands Critical Minerals Opportunity
While Parbec provides exposure to gold, Victoria represents Renforth’s growing critical minerals story.
Victoria forms part of the company’s approximately 300 square kilometre Malartic Metals Package, a large land position containing multiple mineralized zones and significant areas that remain largely unexplored.
The deposit hosts a polymetallic assemblage that includes nickel, cobalt, copper, zinc, silver, gold, platinum-group metals, and other critical minerals. Recent work has also highlighted the broader scale of the Victoria system, where mineralization has been identified across a corridor extending approximately 20 kilometres.
To accelerate exploration, Renforth has launched a new targeting program that combines satellite remote sensing, LiDAR imagery, regional geological information, and proprietary artificial intelligence tools alongside traditional geological interpretation.
The objective is straightforward: generate new exploration targets across a property that already hosts known mineralization while identifying additional opportunities in areas that have seen limited historical exploration.
Drill Permit Adds Another Near-Term Catalyst
In addition to the new targeting initiative, Renforth has received the drill permit for Victoria.
Management is currently planning the upcoming drill campaign and has indicated that details regarding drill locations and program timing are expected in a future update.
The permit represents an important milestone because it allows the company to move from target generation toward physical testing of priority areas identified through previous exploration and the newly launched AI-assisted program.
For exploration companies, drilling remains one of the most direct methods of evaluating geological targets and advancing project understanding.
A Dual-Asset Strategy Taking Shape
Renforth’s current direction reflects a strategy that combines two distinct but complementary opportunities.
At Parbec, the company is advancing a gold deposit that has seen meaningful resource growth and ongoing field activity within its open-pit footprint.
At Victoria, Renforth is pursuing district-scale critical minerals exploration across a large land package supported by modern targeting techniques and an upcoming drill program.
Together, these projects provide exposure to both precious metals and critical minerals within a mining-friendly jurisdiction known for its infrastructure, geological endowment, and long history of successful mine development.
As exploration activity accelerates across both assets, Renforth is positioning itself for a steady flow of operational milestones while continuing to expand its understanding of two of the most important projects in its portfolio.
Source: https://renforthresources.com/2026/04/23/2026-spring-exploration/
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