Renforth Resources Provides Update on Parbec Gold Deposit, Victoria Polymetallic Deposit, and Corporate Matters
PICKERING, Ontario — February 9, 2026 — Leads & Copy — Renforth Resources Inc. is informing shareholders of developments at the Parbec Gold Deposit, the Victoria critical minerals polymetallic deposit, and various corporate matters.
Renforth has resumed the chipping and stripping program at its Parbec Gold Deposit. The program, which was paused in November 2025, targets a permitted area within the open pit footprint and above the planned location of the underground bulk sample, alongside the termination of the underground decline.
Formal exchanges have been initiated with the MRNF and MELCC to confirm the appropriate permitting pathway for the bulk sample. Feedback received has been positive and confirms the regulatory feasibility of the bulk sample project.
The ATI permitting process for the bulk sample program has been initiated, as has the environmental base line study. The geological resource model is being reviewed and updated with a focus on an underground mining scenario.
The company has received test results from samples of witness core from various lithologies tested for platinum and palladium at the Victoria Nickel Sulphide Polymetallic Open Pit Deposit. The results prove that these metals form a part of the mineralized ultramafic package at Victoria. Further mineralogical investigation will define in which mineral phase these elements are present and where they are located in the minerals assemblage. Future assaying will include these elements, and this information, combined with the now complete testing of witness core for the current resource, will allow the inclusion of platinum and palladium in the next resource statement.
Renforth has completed its previously announced financing with an additional $30,000 in common share units sold and $15,000 in 2026 flow-through shares sold.
The company has issued 8,850,000 options exercisable at $0.05 for a period of five years to certain officers, directors, and consultants.
Martin Demers P.Geo OGQ, a qualified person pursuant to the guidelines in NI 43-101 and VP of Exploration for Renforth, has reviewed and approved the geological information contained in the release.
Renforth Resources is focused on advancing gold and polymetallic projects in Québec’s Abitibi mining district. Its flagship asset, the wholly-owned Parbec Gold Deposit, is located beside Agnico Eagle Mines Ltd.’s Canadian Malartic mine. It currently hosts 265,800 ounces of gold in the Measured and Indicated categories within 9.61 Mt grading 0.86 g/t Au and and 97,000 ounces in the Inferred category within 2.55 Mt grading 1.18 g/t Au, within an open-pit scenario using a cut-off grade determined using a value of US$ 2,100 per ounce of Gold in April 2025.
Renforth also controls the district-scale Malartic Metals Package, which includes the Victoria Polymetallic Deposit. In Sept. 2025, the company declared an initial NI 43-101 inferred resource for Victoria of 125 Mt grading 0.15 % NiEq, an open-pit polymetallic system over 2.5km using trailing average metal prices current at that time.
With road access, hydro-electric power, and proximity to established mining infrastructure and operating mines, Renforth is strategically positioned to leverage its diversified resource base and location to create shareholder value.
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