Renforth Resources Intersects Broad Zones of Nickel-Cobalt Mineralization at Victoria Deposit in Quebec

03:55 PM EDT, 10/19/2026 (MT Newswires) -- Renforth Resources (RFR.CN) said on Monday that drilling beneath the open pit at its Victoria nickel deposit in Quebec intersected nickel-cobalt and zinc-copper-silver mineralization, including 118 meters grading 0.081% nickel. The company drilled three holes totaling 1,011 meters in July to test the continuity of mineralization beyond the September 2025 mineral resource estimate, a statement said. All three holes intersected broad intervals of nickel-cobalt mineralization, Renforth said. "Victoria is a bulk-tonnage deposit, and we report the lower-grade intervals in full because they are part of that picture," said Renforth Chief Executive Officer Nicole Brewster. "These holes confirm that mineralization continues below the resource pit and add to the data we need to define a processing route." Brewster said the current inferred mineral resource of 125 million tonnes has been defined over only about 12% of the 20 km mineralized structure. Renforth shares were last seen up CA$0.005 at CA$0.025 on the Canadian Securities Exchange. Price: 0.03, Change: +0.01, Percent Change: +25.00