Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF | FSE: 9RR) has acquired the mineralized Copper Prince Project, located near Iron Bridge, Ontario in Canada.
The property consists of fifteen claims which cover part of a known copper bearing vein system (the Copper Prince system) with limited historic production and a less well documented vein/disseminated copper system, the North Summit system.
Mineralization at the historic Copper Prince prospect and at North Summit is hosted by steeply dipping white quartz veins, with a width of roughly 1m to 5m and traceable over considerable distance. The veins host chalcopyrite, pyrite, and specular hematite.
Historic work on the copper bearing vein system (partially covered by Renforth claims) began in the 1920s when trenching, drilling, and limited underground development was completed by the Consolidated Mining and Smelting Company of Canada (Cominco).
Historically recorded assays from the Renforth portion of Copper Prince includes several copper assays which exceed 1%, along with low grade gold and silver values. The historic information is not to be relied upon and Renforth treats this information as confirming the property is mineralized and references it to fully inform shareholders.
The North Summit copper occurrence, to the north of the vein system, was explored, trenched, and drill-tested in the 1960s by North Summit Explorations Ltd (later Summit Diversified Ltd). Several good quality maps are available of geophysical surveys completed by North Summit, but their geologic exploration is poorly recorded and located, and there are no maps accompanying the work reports. It is believed that the North Summit occurrence is likely to lie within the northeastern part of the Copper Prince property.
Renforth has acquired 100% of the rights to the staked claims, with no underlying encumbrances, by way of assignment with no purchase cost paid.
For further information, please visit: www.renforthresources.com
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