Agoracom Blog Home

Archive for the ‘Renforth Resources’ Category

Renforth Resources Confirms 363,000 Ounces of Gold Beside Canada’s Largest Gold Mine

Posted by Brittany McNabb at 12:25 PM on Thursday, April 17th, 2025

A Major Step Forward for a Junior Explorer With Proven Vision

In a landscape where small-cap mining companies often struggle to produce meaningful results, Renforth Resources (CSE: RFR | OTC: RFHRF | FSE: 9RR) has just delivered a development that could significantly shift its standing in the gold sector.

In an exclusive interview, CEO Nicole Brewster confirmed a 29% increase in the gold resource at the company’s flagship Parbec Gold Deposit in Quebec. This brings the total to 363,000 ounces of gold, of which 265,000 ounces are now classified as Measured and Indicated—a substantial upgrade in confidence and quality. Notably, 12% of the total ounces are in the Measured category, and 87% of the ounces are within a Whittle pit shell, underscoring the deposit’s open-pit viability and potential economic value.

All of this is happening next door to Agnico Eagle’s Canadian Malartic Mine, one of the largest and most productive gold operations in the country.

Why This Matters: Grade, Location, and Optionality

Renforth’s Parbec project lies on the prolific Cadillac Break, a structure responsible for over 100 million ounces of historical gold production in Canada. Yet Parbec is no mere geological curiosity. It is:

  • Surface-exposed and fully road-accessible;
  • Situated beside Canada’s largest open-pit gold mine;
  • Host to infrastructure including a historic underground ramp;
  • Surrounded by multiple toll-milling facilities operated by Agnico Eagle and other major producers;
  • And now, significantly de-risked with its enhanced resource classification.

This strategic location puts Renforth in a rare position to benefit from regional processing demand.

“With this update, 73% of Parbec’s ounces are now in the Measured and Indicated categories,” said Brewster. “We consider Parbec a small-scale replica of Canadian Malartic — same geology, same break, similar surface profile.”

Flexible Pathways to Monetization

Renforth is not committing to a single development path. Instead, it is evaluating a range of monetization options:

  • Sale: Parbec’s location, ounces, and infrastructure make it an ideal bolt-on asset for a producer like Agnico Eagle, whose “fill-the-mill” strategy is now in full swing following acquisitions like the Marban project.
  • Joint Venture: Brewster confirmed the company has received partnership inquiries and could benefit from joint development.
  • Toll Milling / Bulk Sampling: If desired, Renforth could begin small-scale production through existing infrastructure, with low capex and minimal environmental footprint.

Further exploration could still add additional ounces, especially in areas beneath the current pit model and into the Pontiac sediments, where new gold-bearing structures have already been identified.

Macro Tailwinds: Gold’s Rise Aligns With Renforth’s Momentum

The timing of this update couldn’t be more strategic. Gold is trading above $3,200 USD per ounce, and many experts, including Brewster, expect it to remain above $3,000 throughout 2025, driven by central bank buying, geopolitical instability, and inflationary concerns.

Renforth’s latest resource estimate was calculated at $2,100 USD per ounce, suggesting further upside potential if gold prices hold or increase.

Internally, the company has already run sensitivity analyses using higher gold prices, which indicate more ounces could be captured in future updates.

The Bigger Picture: Strategic Fit in a Global Mining Corridor

Renforth’s Parbec project aligns neatly with a growing global emphasis on resource security and domestic development. With Canada reaffirming its role as a stable jurisdiction for mining, and gold once again capturing investor attention, Renforth has a credible, scalable project in a tier-one location.

Add in the exploration upside, established infrastructure, and multiple monetization options, and the result is a company with more than just potential — it has momentum.

Final Thoughts

In an industry where many juniors struggle to translate drill results into real-world opportunity, Renforth Resources has delivered what few others have: a tangible, credible, and increasingly valuable gold asset in one of the world’s most prolific mining jurisdictions.

The 363,000-ounce Parbec resource — 87% of it in an open-pit shell and 265,000 ounces in Measured and Indicated — isn’t just a milestone. It’s a statement.

And as Brewster concluded: “We’re in no rush. Time is on our side — and so is gold.”

Watch the full interview here: 

Tags: , , , ,
Posted in AGORACOM Via Satellite, Renforth Resources | Comments Off on Renforth Resources Confirms 363,000 Ounces of Gold Beside Canada’s Largest Gold Mine

This Small Cap Gold Company Announced 363,000 Ounces As Gold Sets Record Prices

Posted by Brittany McNabb at 4:38 PM on Tuesday, April 15th, 2025

In this interview with AGORACOM, Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF | FSE: 9RR) CEO Nicole Brewster discusses the company’s newly updated 2025 Mineral Resource Estimate for its 100%-owned Parbec Gold Deposit in Quebec — a move that significantly strengthens the company’s value proposition at a time when gold prices continue to surge. The updated estimate now totals 363,000 ounces of gold, marking a 29% increase over the previous figure and signaling growing maturity and confidence in the deposit. Notably, 265,000 ounces are now categorized as Measured and Indicated, and 87% of the total resource sits within an open pit — directly adjacent to Agnico Eagle’s Canadian Malartic Mine, one of Canada’s largest gold operations.

KEY HIGHLIGHTS: Open Pit Advantage: With mineralization starting at surface and a pit depth of 300 meters, Parbec’s economics are compelling, especially with nearby toll milling options. Strategic Fit for Agnico: The project’s location beside Canadian Malartic and proximity to multiple mills makes it a potential solution for Agnico Eagle’s “fill-the-mill” strategy — especially amid $5.6B in M&A activity in the district.

Clear Monetization Path: CEO Nicole Brewster outlines a three-path strategy: sale, joint venture, or self-development, including a plan to initiate stripping and bulk sampling this summer for potential cash flow.

A COMPELLING QUOTE FROM THE CEO “We are very happy to deliver this significant size increase to our open pit gold deposit next door to Agnico Eagle’s Canadian Malartic mine… With this MRE, 87% of the gold ounces within the resource estimate are contained within the accompanying open pit.” — Nicole Brewster, CEO

WHY INVESTORS SHOULD WATCH THIS INTERVIEW Renforth has done what many small caps struggle to achieve: increase its resource size while also upgrading confidence categories — all while controlling costs and maintaining 100% ownership in one of the world’s top-ranked mining jurisdictions. With strategic positioning next to Canada’s mining giant, viable paths to monetization, and growing relevance in a high-gold-price environment, Parbec is moving from potential to probability.

This interview isn’t just an update — it’s a real-time look into how Renforth is strategically unlocking value from its assets and evaluating serious next steps. Watch the full interview now to understand why Renforth could be a key player in Quebec’s next wave of gold development.

Tags: , , , , ,
Posted in AGORACOM Via Satellite, All Recent Posts, Renforth Resources | Comments Off on This Small Cap Gold Company Announced 363,000 Ounces As Gold Sets Record Prices

280,000 Ounces of Gold, Major Critical Minerals & Near $5.5B in M&A: Renforth’s Moment Is Here

Posted by Brittany McNabb at 12:48 PM on Thursday, April 3rd, 2025

Renforth Resources: Positioned for Gold and Critical Mineral Success in Quebec

In a compelling new interview with AGORACOM, Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF | FSE: 9RR) CEO Nicole Brewster laid out a clear and convincing case for why this Canadian junior exploration company is exceptionally well-positioned amid record gold prices and rising global demand for critical minerals. With flagship assets in Quebec’s world-renowned Abitibi mining district, Renforth is advancing both its 100%-owned Parbec Gold Deposit and the massive Malartic Metals Package — a combined landholding that sits in one of the richest and most active mining corridors in North America.

Strategic Location Beside Mining Giants

Renforth’s Parbec Gold Project is situated directly adjacent to Agnico Eagle’s Canadian Malartic Mine, the country’s largest open-pit gold mine. The deposit already contains 280,000 ounces of gold (101,000 oz indicated, 177,000 oz inferred), with a new NI 43-101 resource estimate expected soon. This update will include 15,000 metres of additional drilling and could significantly increase the gold resource, especially with current gold prices near C$4,500/oz.

The Parbec project benefits from exceptional infrastructure: direct road access, two hydroelectric lines crossing the property, nearby toll milling facilities, and close proximity to the Glencore-owned Horn Smelter. As Brewster puts it, “It can’t get cheaper than this — the economics of development in this region are simply unbeatable.”

Malartic Metals Package: A Critical Mineral Powerhouse

Located just north of Parbec, the 300 km² Malartic Metals Package hosts the emerging 20-kilometre-long Victoria nickel-sulphide polymetallic structure. Recent metallurgical results show that the mineralization — which includes nickel, zinc, copper, cobalt, and silver — is hosted in conventional sulphide minerals, indicating potential for standard, cost-effective processing.

Initial mineralogical analysis and TOMRA sorting tests demonstrate strong early signs of recoverability and grade optimization. Brewster also confirmed that Renforth is working with SGS to determine whether its current drilling supports a maiden resource — an important step toward unlocking value in this new discovery.

In the Midst of $5.6 Billion in M&A

Renforth is surrounded by major mining players. Agnico Eagle has spent billions acquiring and consolidating deposits across the Abitibi in recent years, including the Yamana and O3 Mining deals. Parbec sits right in the middle of this activity, offering both strategic value and expansion potential to any nearby operator looking to sustain mill throughput or grow their regional footprint.

“This is a proven gold deposit, sitting beside a mine that’s going underground and needs more ore. The strategic value is obvious,” Brewster stated.

Quebec Advantage: Cost, Policy, and Market Access

Renforth’s position in Quebec provides significant advantages beyond geology. The province is routinely ranked as a top-tier mining jurisdiction globally, and the Quebec government recently introduced new stimulus programs specifically aimed at accelerating critical mineral exploration. With access to hydroelectric power, deepwater ports, rail lines, and North America’s battery manufacturing corridor, Renforth’s assets are ideally situated to capitalize on emerging resource trends.

Conclusion: Value Waiting to Be Realized

Despite world-class assets, infrastructure, and jurisdictional advantages, Brewster noted that capital has been hard to come by for juniors — and that Renforth has instead prioritized drilling and science over promotional spending. “We’ve outlined real metals in the ground that aren’t going anywhere. What we’re building is real,” she said.

With a new gold resource estimate imminent, growing strategic relevance in the critical minerals space, and near-term catalysts ahead, Renforth Resources appears to be an underappreciated player in a district that continues to deliver major value.

For those seeking exposure to gold and critical minerals in one of the most mining-friendly regions in the world, Renforth may be one to watch.

Watch the full interview here: 

Tags: , , , ,
Posted in AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Via Satellite, Renforth Resources | Comments Off on 280,000 Ounces of Gold, Major Critical Minerals & Near $5.5B in M&A: Renforth’s Moment Is Here

Gold Hits Record Highs Above $3100/Oz — 7 Companies Positioned to Benefit from the Boom

Posted by AGORACOM-JC at 3:09 PM on Monday, March 31st, 2025

GFG logo served with static path of public directory

Gold prices have recently reached new record highs, continuing an impressive upward trajectory that began during Donald Trump’s presidency. Since January 20, the precious metal has gained approximately 15%, marking a significant rally that has caught the attention of investors worldwide.

In 2024 alone, gold prices surged by 27%, and the first few months of 2025 have already seen an additional 19% increase. This remarkable climb follows Trump’s announcement of new trade tariffs, which set the stage for economic uncertainty. While many had expected targeted tariffs on certain countries, Trump surprised markets by declaring that his reciprocal tariffs would apply to “all countries,” including a 25% tariff on auto imports.

The intensifying trade tensions and global economic unpredictability have led many investors to seek refuge in safe-haven assets like gold. With the uncertainty surrounding international trade and the broader financial markets, gold has become a go-to investment for those looking to hedge against volatility.

As the price of gold continues to soar, several exploration companies are well-positioned to benefit from this upward trend. These companies are actively exploring for gold in key regions around the world, further solidifying their place in this growing market.

Featured Gold Companies:

ESGold | LinkedIn

(CSE: ESAU) (OTCQB: ESAUF) 

ESGold Corp. An imminent producer in the mining-friendly region of Quebec, is advancing rapidly toward production with a high-margin economic model, minimal capital expenditures, and a district-scale exploration opportunity. The company’s flagship Montauban property, located just 80 kilometers west of Quebec City, is fully permitted and set to achieve production within six months of securing final financing. The construction cost is estimated at just $6M CAD, with an additional $2M CAD needed for initial operating expenses, making ESGold well-positioned to enter production swiftly and efficiently.

The Preliminary Economic Assessment (PEA) for the Montauban project highlights robust financials, including projected gross revenues of CAD $106.9 million, with potential upside of over $315 million in the first five years. The PEA indicates an Internal Rate of Return (IRR) of 66.3% based solely on tailings, with a remarkable 142% IRR when factoring in near-surface high-grade hard rock ore. ESGold’s payback period is just 0.9 years, offering a rapid return on investment. In Year 1, the project is expected to generate over $23 million in cash flow at current gold and silver prices. The production plan includes an initial throughput of 500 tonnes per day (tpd), which will scale to 1,000 tpd, allowing for a 300,000-tonne annual throughput once fully optimized. ESGold has already secured key infrastructure, including a completed mill building, hydroelectric line, and the necessary equipment to start operations.

View Hub: https://agoracom.com/ir/ESGoldCorp

View Profile: https://agoracom.com/ir/ESGoldCorp/profile

Home | Green River Gold

(CSE: CCR) (OTC: CCRRF)

Green River Gold Corp. is actively advancing its gold initiatives in British Columbia’s prolific Cariboo Mining District—one of Canada’s most historically productive gold regions. The company is currently generating near-term cash flow through placer gold mining operations on the Swift River at its Wabi Claim, where it has access to 200 square kilometers of gold-prospective property. This operation complements its exploration efforts at the 100%-owned Fontaine Gold Project, strategically located adjacent to Osisko Development’s Cariboo Gold Project. The Fontaine Project benefits from significant historical data and regional geological continuity, making it a high-priority exploration target for hard rock gold potential.

In 2024, Green River began a deep drilling program at the Fontaine property and intersected elevated gold mineralization, marking a promising step toward identifying a potentially significant gold system. The company also owns a full-service facility in Quesnel that supports both in-house operations and regional prospectors, giving it a unique infrastructure advantage. With cash flow from placer mining, strategic land positioning, and growing exploration upside, Green River Gold is carving out a differentiated position in the junior gold sector.

View Hub: https://agoracom.com/ir/GreenRiverGoldCorp

View Profile: https://agoracom.com/ir/GreenRiverGoldCorp/profile

Profile for Great Atlantic Resources Corp. (GR.v)

(TSXV: GR)

Great Atlantic Resources is a Canadian exploration company focused on uncovering high-potential gold assets within Atlantic Canada, particularly in Newfoundland. Its flagship asset, the Golden Promise Gold Property, is located in central Newfoundland and hosts multiple gold-bearing quartz veins. The most notable of these is the Jaclyn Main Zone for which a NI 43-101 inferred resource estimate details 357,500 tonnes at an average grade of 10.4 grams per tonne (g/t) gold, totaling approximately 119,900 ounces of uncapped gold. ​

View Hub: https://agoracom.com/ir/GreatAtlanticResources

View Profile: https://agoracom.com/ir/GreatAtlanticResources/profile

Home - Lancaster Resources Inc.

(CSE:LCR) (OTCQB:LANRF)

Lancaster Resources Inc. is a Canadian exploration company focused on critical minerals essential for electrification and decarbonization. Among its assets, the Piney Lake Gold Property stands out. Spanning 2,267.8 hectares in Saskatchewan, about 65 km east of La Ronge Provincial Park, it is surrounded by SGO/SSR Mining’s prolific gold claims—placing it in a region with a strong history of discoveries.

Historical geochemical sampling has identified promising gold showings along a north-south trend, including 7.55 g/t gold about 375 meters north of the property and 41.35 g/t gold approximately 4.1 km to the north. These findings highlight Piney Lake’s exploration potential. With strategic positioning and strong historical data, Lancaster Resources is advancing its exploration efforts, reinforcing its role in the evolving energy landscape.

View Hub: https://agoracom.com/ir/Lancasterresources

View Profile: https://agoracom.com/ir/Lancasterresources/profile

Lake Winn Resources Corp. | Lithium Exploration Company

(LWR: TSXV)

Lake Winn Resources Corp. is a Canadian mineral exploration company focused on advancing its gold projects in Manitoba’s Flin Flon Gold Belt. Its flagship Cloud Project, 40 km northeast of Flin Flon, has delivered high-grade drill results, including 1m at 17.3 g/t gold and 1m at 10.2 g/t gold.

The company’s Quartz Project, 76 km southeast of Flin Flon, hosts historical high-grade intercepts, with reports of up to 19.9 g/t gold. Lake Winn has secured permits for access and drilling, reinforcing its commitment to exploration in this prolific mining region.

With projects in historically productive areas and strong early results, Lake Winn Resources is well-positioned in Canada’s gold exploration sector.

View Hub: https://agoracom.com/ir/LakeWinnResources

View Profile: https://agoracom.com/ir/LakeWinnResources/profile

Loncor Gold Announces Sale of Makapela Property for CDN$13,500,000

(TSX: LN) (OTCQX: LONCF)

Loncor Gold Inc. is a Canadian gold exploration company focused on the Ngayu Greenstone Belt in the Democratic Republic of the Congo (DRC). Its flagship Adumbi deposit hosts an estimated 3.66 million ounces of gold, with 1.88 million ounces categorized as indicated and 1.78 million ounces as inferred resources, making it the second-largest deposit in the DRC. Based on current gold prices, the project’s net present value (NPV) is estimated at approximately $2 billion post-tax.

Strategically located near Africa’s largest gold mine, the Barrick Gold-managed Kibali mine, Adumbi benefits from established infrastructure and industry expertise. Loncor’s goal is to elevate Adumbi to a Tier 1 asset by surpassing the 5-million-ounce resource threshold, positioning the company as a key player in the DRC’s gold mining sector.

View Hub: https://agoracom.com/ir/LoncorGold

View Profile: https://agoracom.com/ir/LoncorGold/profile

Front Page - Renforth Resources

(CSE: RFR) (OTCQB: RFHRF)

Renforth Resources Inc. is advancing its 100%-owned Parbec Gold Deposit, strategically located beside Agnico Eagle’s Canadian Malartic Mine—the largest open-pit gold mine in Canada—within Quebec’s Abitibi Greenstone Belt. The company is updating its geological model and preparing a new NI 43-101 resource estimate incorporating 15,000 metres of drilling since late 2019, along with previously excluded historical data, significantly enhancing Parbec’s scale and definition.

Renforth is also optimizing development strategies, including dewatering an underground decline for bulk sampling and detailed mapping. Additionally, the company plans to implement TOMRA sorting technology to pre-concentrate mineralized material, reducing waste and improving processing efficiency. With strong infrastructure access and strategic positioning, Renforth is well-placed to unlock Parbec’s full potential and expand its footprint in gold exploration.

View Hub: https://agoracom.com/ir/RenforthResources

View Profile: https://agoracom.com/ir/RenforthResources/profile

 

Tags: , , , , , , ,
Posted in All Recent Posts, EsGold Corp, Great Atlantic Resources, Green River Gold Corp, Lancaster Resources, Loncor, Renforth Resources | Comments Off on Gold Hits Record Highs Above $3100/Oz — 7 Companies Positioned to Benefit from the Boom