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Renforth Resources plans up to $1 million financing for Parbec gold deposit work

PUBT·08/13/2026 11:04:52
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Renforth Resources plans up to $1 million financing for Parbec gold deposit work
  • Renforth completed a two-hole drill program at its Parbec gold deposit to undercut recent surface gold channel intersections.
  • Core shows targeted lithologies; assays are pending, with drillhole parameters to be released alongside results.
  • Planned third hole was deferred after the two holes were drilled deeper than expected, using the full meterage budget.
  • Non-brokered private placement targets up to CAD 1 million via flow-through shares at CAD 0.03 or units at CAD 0.025.
  • Proceeds earmarked for an internal Parbec resource-model review, more stripping and channel sampling, using updated gold-price and cost assumptions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renforth Resources Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608130700TNWSWRCACNPR_____1AwGFJlX1) on August 13, 2026, and is solely responsible for the information contained therein.