Renforth Resources Inc. (OTCMKTS:RFHRF) stock is expected to be in special limelight this month as Zacks Small-Cap Research released a positive report on the company.
The report states that ” Renforth Resources Continues to Advance Surimeau, an early stage polymetallic (NiCu-Co-Zn) project; progress is being reported steadily on a monthly basis.”
. Surimeau is highly significant to Renforth Resources for three reasons. First, this breakthrough discovery could be indicative of a district-scale nickel-copper-zinc project that is geologically similar to the commercially successful Outokumpu deposit in Finland.
Commenting on the outlook, the report adds “Renforth Resources, a junior exploration & development mining company, is advancing two mining projects: the Parbec Gold Project & the Surimeau Property. Parbec is an advanced gold project close to being monetized, which is expected to occur after its Mineral Resource Estimate is updated during 2022. Surimeau is an early stage polymetallic (Ni-Cu-Co-Zn) project that is in the discovery & exploration stage. A stripping-trenchingchanneling program and several drilling programs were completed in 2021. An EM/Mag survey was completed in February 2022. The current ongoing exploration program will help define targets for 10,000+m fall drilling program.”