Eight Metals, One Story: Inside Renforth’s Polymetallic Ambition

A mineral deposit that can pay you eight ways is no longer just geology — it’s risk management, and Nicole Brewster wants investors to hear that as plainly as possible. In an interview with InvestorNews.com host Tracy Hughes, Brewster — President, CEO and Director of Renforth Resources Inc. (CSE: RFR) — speaks from the particular perch of a junior explorer in Québec’s Abitibi mining district: close enough to established infrastructure to feel the pull of development, small enough to live and die by timelines, assays and retail conviction. Renforth’s story, as Brewster tells it, is deliberately split between two kinds of appetite: gold, with the wholly owned Parbec Gold Deposit beside Agnico Eagle’s Canadian Malartic mine, hosting 265,800 ounces in Measured and Indicated and 97,000 ounces Inferred in an open-pit scenario using US$2,100 gold; and “critical minerals,” with the district-scale Malartic Metals Package and its Victoria polymetallic deposit, where the company has reported an initial NI 43-101 inferred resource of 125 million tonnes grading 0.15% NiEq.Hughes, who says she recently saw Brewster in London “really talking about nickel and zinc and your polymetallic deposit,” asks the practical question first: “Where should we start?” Brewster steers the conversation to the latest update. “We announced that the nickel-zinc polymetallic resource calculation excluded platinum and palladium,” she says, describing geologists “in the field pulling witness core for testing for platinum and palladium, which we know to be present.” The point is not decorative: “the value of those metals — any occurrence — does have a material effect on the value per tonne of the mineralized package that is Victoria,” she adds, promising that “the next MRE will reflect those PGE metals as well.” The company’s December update similarly says Victoria drilling core is being reviewed for PGE assaying, noting that prior work confirmed platinum and palladium, but that sampling density was insufficient for inclusion in the initial NI 43-101 mineral resource estimate, with the expectation those metals will be included in the next technical report.What Brewster calls “of great significance” is the mechanics of credibility: an NI 43-101 technical report that “speaks to the entirety of the property,” and places Victoria inside a larger, older district narrative. Renforth has said the NI 43-101 technical report supporting the initial Victoria inferred resource has been filed on SEDAR+ and made available through the company’s materials. Brewster’s tour through the package is brisk and map-like: “In the north, we have our Beaupré Copper proximal to the Cadillac Break,” a central “Lac Gold Zone” with “relatively low-grade but long-interval gold intercepts,” and then the southern structures — Lalonde and Victoria — that she suggests are “probably arms of a fold whose nose is right off our property on our neighbour Agnico Eagle’s Canadian Malartic ground.” The technical report itself describes the Malartic Metals Package as 426 map-staked claims totaling 24,143 hectares — the footprint for the next set of drill pads.