Renforth Resources advances Parbec and Victoria deposits in Malartic

Renforth Resources is advancing the Parbec gold deposit and the Victoria polymetallic deposit in Malartic. Parbec is located next to Agnico Eagle's Canadian Malartic Mine, which is forecast to cease open-pit operations in 2029. This operational shift at Agnico Eagle's mine is projected to create a daily deficit of about 40,000 tonnes of gold feed. Victoria holds a massive, underexplored polymetallic resource containing nickel, cobalt, copper, zinc, and silver.

The planned closure of Agnico Eagle's open-pit operations could create a supply gap for gold feed in the region. Parbec's location near the mine suggests it could potentially meet that demand. Victoria's large polymetallic resource represents potential supply of critical metals.