Renforth Resources, Inc. (OTCQB: RFHRF) (CSE: RFR)

Keynote speaker: Nicole Brewster, President & CEO
https://youtu.be/LhzoRKscO2U

Renforth Resources, Inc. (OTCQB: RFHRF) (CSE: RFR) is a secure multi-commodity area play with the dominant brownfield land position south of the world class Cadillac-Larder Lake Fault (“CLLF”) in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi.
Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth’s land position encompasses several areas of interest.

Renforth Resources, President and CEO, Nicole Brewster joins us for this year's Fall Mining Showcase 2022, brought to you by Red Cloud Financial Services.

https://www.youtube.com/watch?v=d4V9PckoKmQ

https://www.weare121.com/121mininginvestment-new-york/renforth-resources/

https://financialpost.com/sponsored/business-sponsored/deep-south-diversifying-to-meet-copper-demand

Deep-South diversifying to meet copper demand

With three large new exploration licenses in the heart of the Zambian Copperbelt, the company is ready for the future

https://smallcaps.us/reports/CR_RFR.pdf


We reiterate our buy recommendation for Renforth Resources with a price target of $0.29, which is 480% above today’s stock price.

Renforth Resources (RFR) Company Report – May 07, 2022 Renforth Resources is a mineral exploration company that focusses on easily accessible Canadian-based gold projects. It holds Parbec, an open pit gold deposit, and Surimeau, a district scale battery metals discovery, both located near Malartic, Quebec, along with several other mineralized properties.
While the magnitude for Surimeau continues to build, Parbec remains the most advanced asset. A structural study for the property is now underway, led by a specialized consulting firm. The extensive database of geological data will be reviewed to interpret similarities with other nearby gold deposits.
The objective is to determine potential gold-bearing structural features that may be identified for exploration targets. These zones present the opportunity to expand the size of the deposit with additional exploration.
Surimeau presents the right mix of resources at the right time, located in the ideal jurisdiction. Battery Metals are becoming the story of the commodity boom. Surging demand has placed a greater priority on advancement of new domestic deposits of these critical raw materials.
Renforth has already delivered a discovery success at Victoria West with the confirmation of a large base metals system. The effort now shifts to expand on this beachhead.

Deep-South Resources’ unique shareholder structure provides a rare edge

Pierre Leveille, President, CEO & Director of Deep-South Resources, interviewed on Market One Minute by Hannah Bernard.

https://www.bnnbloomberg.ca/video/deep-south-resources-unique-shareholder-structure-provides-a-rare-edge~1388158?jwsource=cl

CSE: RFR OTCQB: RFHRF

RFR is @0.035¢ market price but with 0.25¢ value for Parbec and 0.11¢ for Surimeau read below
RFR has the best of both world with Parbec Au open pit (mineralization starts at surface) Parbec Gold Property located 6 km northwest of the large Canadian Malartic open pit gold mine (Agnico Eagle Mines Limited and Yamana Gold Inc.) and adjoining the former East Amphi Gold Mine, all located on or near the gold‐localizing Cadillac Break.

https://eresearch.com/2021/06/17/eresearch-reports/analyst-articles/renforths-drill-results-at-parbec-continue-to-build-on-existing-gold-in-the-ground/

https://eresearch.com/wp-content/uploads/2021/04/eR-Renforth-RFR-IR-2021-04-28_FINAL.pdf
eResearch Corp Target Price of C$0.25

Surimeau a battery metal district scale discovery on a 330 km² property

https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_05232022_RFHRF_Ralston.pdf

According to Zack, based on comparative analysis of junior battery metals companies in the exploration- developmental phase, a mid-first quartile price-to-book (P/B) ratio of 7.6 indicates a share price target of US$0.08 or 0.11¢ Canadian

https://www.kitco.com/news/2022-09-21/Copper-s-price-will-more-than-double-due-to-elevated-demand-and-green-technology-Rob-McEwen.html

https://youtu.be/hh2V3D8UQNY

Copper's price will more than double due to elevated demand and green technology - Rob McEwen


Cornelius Christian Wednesday September 21, 2022 10:11

(Kitco News) - The price of copper, currently trading near $3.50 per pound, could skyrocket to "$6 or $8" on the back of heightened demand, said Rob McEwen, Chairman of McEwen Mining.
"The world wants to electrify the energy transition," said McEwen. "When you read all the projections of auto manufacturers increasing their electric vehicle production lines… there is not enough copper right now to satisfy that demand."
BloombergNEF's energy research recently found that, given the trends towards decarbonization, copper demand will rise by more than 50 percent by 2040.
However, whether copper mining can keep up with demand is uncertain.
"It takes longer to build copper mines today," McEwen explained. "There's more permitting required, longer lead times, and the capital is going up… you're talking about a decade, almost."
McEwen spoke with David Lin, Anchor and Producer at Kitco News, at the Precious Metals Summit in Beaver Creek, Colorado.

Copper Economics

Although copper is down 20 percent year-to-date, its price has risen 20 percent over the past five years. In the late nineties, copper traded below $1 per pound, more than half its present-day value.
"You had rapid urbanization taking place in Asia," said McEwen, explaining the price increases. "China was the largest consumer of all metals in the last five or six years."
He also pointed to adoption of "regenerative energy technologies" like windmills, which use "1,500 pounds of copper." McEwen added that it is difficult to find substitutes for copper.
"Maybe someone's going to come up with a nanotechnology that has the same properties [as copper]," he suggested. "That's a bit of a way off."

Fed policy

The Federal Reserve's Open Market Committee is meeting on Wednesday to decide on a rate hike. McEwen predicted that they would hike rates by 75 basis points.
He added that inflation cannot be tamed with "interest rates as low as they are."
"[In the] late Seventies, it took 15 to 18 percent interest rates to tame inflation," said McEwen.
The Fed has raised its key interest rate by 225 basis points over the year, but McEwen said that "there are a lot of factors" at play.
"The amount of monetary stimulation that has taken place in the last few years and the amount of debt that's accumulated at all levels ensure that we're going to have higher rates of inflation," he said. "It's being compounded by the conflict of Russia in the Ukraine, and COVID came along and disrupted supply chains."

https://youtu.be/yOzVew_Px2U

Renforth Resources Resumes Field Work on Lalonde Battery Minerals Structure

We’re quite excited to see what this package looks like once it’s uncovered” says Nicole Brewster, President and CEO of Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF) as they resume field work on Lalonde battery minerals structure in Quebec.

#BatteryMetals #exploration #electricvehicles #mining #CEO #EVrevolution #330km²

Current price 0.035¢ Canadian
Target price 0.08 US$


https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_05232022_RFHRF_Ralston.pdf

Hunting for large copper deposit in Zambia

Free Webinar Replay

https://www.youtube.com/watch?v=lOFaTJKWWKM

https://www.barchart.com/stocks/quotes/DSM.VN/overview
Barchart Technical Opinion
WEAK BUY
The Barchart Technical Opinion rating is a 8% Buy with a Weakening short term outlook on maintaining the current direction.
https://www.barchart.com/stocks/quotes/DSM.VN/opinion
Snapshot Opinion
________________________________________
Today 8% BUY Yesterday 8% SELL Last Week 24% SELL Last Month 64% SELL
Snapshot Opinion is the Barchart Opinion from the prior trading session (yesterday), 1-week ago and 1-month ago.
These statistics give you a sense of the Overall Opinion trend.
Barchart Opinion
BUY INDICATORS
Composite Indicator

TrendSpotter BUY
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20 - 50 Day MACD Oscillator BUY

20 - 100 Day MACD Oscillator BUY
Medium Term Indicators

50 Day Moving Average BUY

50 - 100 Day MACD Oscillator BUY
Long Term Indicators

100 Day Moving Average BUY

V:#DSM - #DEEPSOUTH RESOURCES INC - http://www.deepsouthresources.com
Symbol--Size-Bid---Bid ----- Ask-------Ask-Size---Last
DSM – V-439.0------0.05-----0.055-----33.0--------0.055

No filing at all from the Ministry
I would be surprised if the Ministry even showup in court
Ministry was well aware that DSM already started full feasibility study.
Furthermore the Ministry issued a drilling permit to DSM and DSM had its drilling team at work on HAIB
Not drilling was the 2nd reason for the Ministry to not renew the EPL
Very simple The Ministry cannot win.
While waiting for the conclusion DSM is actively seeking to add another copper play into DSM and in a safer jurisdiction

Interview with Pierre Léveillé, President & CEO of Deep-South Resources (TSX-V: DSM) (OTCQB: DSMTF)

https://youtu.be/uitRtlZpoNc

https://www.stockwatch.com/News/Item/Z-C!DSM-3135225/C/DSM

Deep-South's Haib licence blocked by Namibian court

2021-09-01 09:08 ET - News Release

An anonymous director reports
HIGH COURT OF NAMIBIA INTERDICTS THE MINISTRY OF MINES TO GRANT ANY MINERAL LICENCES OVER HAIB COPPER LICENCE IN NAMIBIA

Deep-South Resources Inc. says that the High Court of Namibia has rendered a decision that interdicts and restrains the Ministry of Mines and Energy of Namibia to grant a mineral licence, including an exclusive and prospecting licence (EPL), in terms of the Minerals Act 1992, to any person or company over the area covered by the Haib copper project -- EPL 3140. The interdict and restrain order are in force until the final determination of the application to the High Court to review the decision of the Minister to not renew EPL 3140.

The Court will hold another hearing on September 16, 2021, to define the steps forward with regards to the review of the decision of the Minister.

The Company will provide regular updates in this regard and any other matter concerning this situation.

As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to an upgraded Preliminary Economic Assessment (PEA) and commencement of a full feasibility study. The latter was already started. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.
As a result of the Minister's refusal to renew the Licence, the Company has terminated all work on site and has proceeded with the retrenchment of its employees on site.

The Company is vigorously contesting this decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.

About Deep-South Resources Inc

Deep-South Resources is a mineral exploration and development company Deep-South growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution.
We seek Safe Harbor.

OTCQB: RFHRF


Parbec 43-101 recalculation is coming soon
Total Au resource should increase from 547,000 ounces to 1,500,000 Au ounces
Total exploitation cost of the open pit is $25 per ton
RFR will make a lot of money with Parbec
Net present value 0.35¢ per share

Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF).CEO Nicole Brewster caught up with Proactive to talk through the latest drill results from the 2021 portion of the 15,000 meters drilled at its Parbec surface gold deposit in Quebec.
Brewster says the group reported an interval of 9.5m of 4.66 grams per ton (g/t) gold included a sub-interval of 1m which assayed 31.2 g/t of gold.
She added with ten more holes to report, there will likely be more good news to come from Parbec.

https://youtu.be/gyvuKM3J-IY

https://www.stockwatch.com/News/Item/Z-C!RFR-3129712/C/RFR
Renforth Drills 9.5m of 4.66 g/t Gold at Wholly Owned Parbec Gold Deposit in Quebec
August 24, 2021 – TheNewswire –
Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR ) (“Renforth” or the “Company”) is pleased to announce additional positive assay results from the 2021 portion of the >15,000m drilled into the wholly owned Parbec surface gold deposit in Malartic, Quebec, contiguous to the Canadian Malartic Mine.
The interval of 9.5m of 4.66 g/t gold included a sub-interval of 1m which assayed 31.2 g/t of gold. This drill program, which consisted of 49 drill holes, was designed to infill gaps within the mineralized model, as well as test several historic holes in order to validate >13,000m of drill data excluded from the May 2020 Mineral Resource Estimate for Parbec and to begin to test the deposit at depth, greater than 75% of the mineralization in the model sits above a depth of 300m. With today’s release there are assay results from 10 drill holes remaining to be received and released once complete.
Parbec Assay Results Highlights

Available at https://www.stockwatch.com/News/Item/Z-C!RFR-3129712/C/RFR


Parbec 2020/21 Top 10 Drill
available at
https://www.stockwatch.com/News/Item/Z-C!RFR-3129712/C/RFR

The highlight interval reported on today has a metal factor which supports its inclusion in the list of Top 10 Drill intervals for the 2020/21 drill program, as presented below.
Available at https://www.stockwatch.com/News/Item/Z-C!RFR-3129712/C/RFR

The highlight sub interval from today’s press release of 31.2 g/t gold over 1m in PAR-21-135 has a metal factor sufficient for inclusion in the overall assay value highlight table for Parbec. Please note it is believed this list is complete with regard to drilling from the 1980s to present, however, it may not be.

Surimeau District Project Update

Renforth is currently planning a return to the field this Fall on the wholly owned 260 km 2 Surimeau battery metals property, specifically the 5km long Victoria West target, with nickel, copper and zinc sulphides observed on surface and within initial drilling.

Renforth intends to, upon receipt of required permits, strip an area of surface mineralization at Victoria West in order to get a better look at the mineralized system between and outside of two areas of existing outcrop.

In addition to this Renforth intends to fly a detailed magnetic survey and produce a high-resolution photo-mosaic of Victoria West using drone mounted geophysical equipment. A drone survey is a low impact and cost-effective way to obtain very accurate information with a quick turnaround, this data would be used in the planning of Renforth’s next drilling at Surimeau.

Samples referred to in this press release were selected, split, bagged and tagged in the field and delivers to the facilities of AGAT Laboratories in Val d’Or Quebec where they were assayed for gold using “202-051 – Au by Fire Assay, AAS Finish” and “202-064 – Au by Fire Assay, Gravimetric Finish” for overlimit (>10 g/t Au) values.

Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo (OGQ#2129), a “qualified person” pursuant to NI 43-101

For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com
#269 – 1099 Kingston Road, Pickering ON L1V 1B5

Follow Renforth on Facebook, LinkedIn and Instagram!

About Renforth

Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the Canadian Malartic mine, with a 2020 resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au. This resource estimate is now considered by Renforth to be out of date due to the results received in a 15,569m drill program which has been recently completed. This program was planned to twin, infill and undercut existing drill holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement.

In addition to this, Renforth has discovered a nickel bearing polymetallic system, over ~5km of strike in the western end of the 20km central anomaly at Renforth’s wholly owned 260 km 2 Surimeau District Property.

Renforth also holds the Malartic West property, the site of a copper/silver discovery, and Nixon-Bartleman, west of Timmins Ontario, with gold present on surface over a strike length of ~500m.
Renforth is well funded, with ~$5 million in cash and securities on hand (*as at 05/14/21), in addition to the gold contained in our gold deposit.

https://smallcaps.us/reports/CR_RFR.pdf

Renforth Resources is a mineral exploration company that focusses on easily accessible Canadian-based gold projects.

It holds Parbec, an open pit gold deposit, and Surimeau, a district scale battery metals discovery, both located near Malartic, Quebec, along with several other mineralized properties.

The positive results and high-grade gold intervals that have been reported recently at Parbec build the speculative potential value for a transaction to vend the property.

The ongoing stream of exploration results from the Surimeau and Parbec properties is contributing a powerful one-two punch combination for Renforth.

Barely a third of the way into the year, the Company has completed two ambitious drilling programs.

The backlog of samples awaiting assay required utilizing the services of a second laboratory facility.

As these assay results are reported, each of these properties is gaining speculative value.

Surimeau has already evolved from the concept stage to where it is now positioned as a confirmed battery metals discovery.
The structural targets further along strike may yet reveal a very large deposit area.

Victoria West presents a high magnitude discovery that will attract a lot of interest as work continues.

We reiterate our buy recommendation for Renforth Resources with a price target of $0.23, which is 170% above today’s stock price.

Deep-South Receives DTC Eligibility in the US

2021-08-13 08:45 ET - News Release

VANCOUVER, BC, Aug. 13, 2021 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) announces that it has received Depository Trust & Clearing Corporation ("DTC") eligibility, making the Company's securities more accessible to US investors.

The DTC is the largest securities depository in the world and facilitates electronic settlement of stock certificate transfers in the United States. The shares of the Company, trading under the symbol "DSMTF" and Cusip # 24378W103 in the United States, are now eligible to be electronically cleared and settled through the DTC and is therefore considered "DTC eligible".

This electronic method of clearing securities accelerates the settlement process for investors and brokers.

"We are very pleased that the Company is now DTC eligible, providing US investors further opportunities to participate in Deep-South's growth," said Pierre Leveille, CEO of Deep-South. "Deep-South's stock is now traded in Canada, Germany, and the United States. We are well positioned in both domestic and international markets to grow our global investor base."

Renforth Resources says its twin hole program at Parbec supports historical assays

Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) CEO Nicole Brewster tells Proactive it has successfully completed the final twin hole, with multiple mineralized intervals at its Parbec project in Quebec.

Brewster says that one of the intervals included 11.75 metres (m) assaying 3.3 grams per ton (g/t) gold, which also included 1.75m at 15.53 g/t gold.

Renforth’s drill program was planned to twin, infill and undercut historic drill holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement.


https://youtu.be/5A-8xS2-jvA

https://www.stockwatch.com/News/Item/Z-C!RFR-3119982/C/RFR

Renforth drills 11.75 m of 3.3 g/t Au at Parbec
2021-08-04 10:43 ET - News Release
Ms. Nicole Brewster reports
RENFORTH SUCCESSFULLY COMPLETES FINAL PARBEC TWIN HOLE WITH 11.75M OF 3.3 G/T GOLD
Renforth Resources Inc.'s PAR-21-132 has successfully twinned PAR-87-33 with several mineralized intervals, including 11.75 metres (m), which gave an average assay of 3.3 grams per tonne (g/t) gold (Au) between 130.15 m and 141.9 m down the hole, including a subinterval of 15.53 g/t Au over 1.75 m between 136.45 m and 138.2 m down the hole. Assay highlights for this hole are presented below.

PAR-21-132 was the final planned twin hole left to report upon, there are still numerous Parbec assays from the 15,569m drilled in the 2020/21 drill program still to receive and report. This program successfully completed the twining of 10% of the holes drilled between 1986 and 1993, where each twin hole drilled delivered assay results comparable to, or better than, the historic ones. In addition to this, numerous holes were drilled, in this program but also notably in Renforth's previous drilling, in proximity to historic holes, with the results consistently comparable, supporting Renforth's position that the 1986-1993 data can be relied upon not only for lithological information but also assay values.

PAR-21-132 Assay Highlights

In the vertical section for line 5225E included below it is clear that PAR-21-132 successfully twinned PAR-87-33 and returned notable assay values at comparable locations down the hole, at relatively shallow depths and within the current conceptual open pit for the May 2020 MRE, which did not include any assay data for any of the 1980's or 1990's holes on the section. All of the 2020 and 2021 drill holes were drilled subsequent to the 2020 MRE, a future MRE calculation for Parbec will benefit from the inclusion of assay data in this area, both 2020/21 and prior.

Parbec Vertical Section 5225E
Parbec Top 10 Drill Intervals
The highlight interval reported on today has a metal factor which supports its inclusion in the Top 10, in fact the sub-interval from PAR-21-132 of 15.33 g/t gold over 1.75m does meet the metal factor cut off for inclusion, however, the longer interval is used.

Surimeau District Project Update
Renforth would like to assure shareholders that assay data for the 3456m drill program earlier this year, which drilled along 2.2 kms of strike with visible sulphides in each hole, within the ~5km long Victoria West mineralized target area, is being received, albeit not as quickly as we would like.
With the assay data received to date our technical team can see that the nickel vs. the zinc (and copper) systems are remarkably separate structures juxtaposed upon each other. This observation supports the choice of our technical working model, the "Outokumpu" deposit model.
Renforth anticipates that due to the "discovery" nature of our work at Victoria West and the relatively small amount of work we have done within a sizeable system (at only one of several on the 260km 2 property), we will only release assay data upon receipt of all of the data and after an opportunity for our technical team, including our advisors, to consider those results, especially in the context of a potential Outokumpu-like deposit, which would be very unique outside of Eastern Finland.
Samples referred to in this press release were selected, split, bagged and tagged in the field and delivers to the facilities of AGAT Laboratories in Val d'Or Quebec where they were assayed for gold using "202-051 {ᔢ –} Au by Fire Assay, AAS Finish" and "202-064 {ᕘ –} Au by Fire Assay, Gravimetric Finish" for overlimit (>10 g/t Au) values.
Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo (OGQ#2129), a "qualified person" pursuant to NI 43-101


Historical Au resource “ Parbec & non compliant NI43-101

https://webfiles.thecse.com/sedar_filings/00014180/1811080801284742.pdf


Version Polygon….Radius…Tonnage t…..Grade g/t ….Au Ounces Contained
2018 (Inferred)…….25 m …..4,560,277……2.29 ………….304,745
2018 (Indicated)…..25 m…….312,606………3.34 ………….30,437
2018 (Inferred)…….50 m…….9,659,636……2.33……………656,875
2018 (Indicated)….50 m …….368,105 …….3.47……………..37,224
Total…..1,029,301 Au ounces in all categories

This resource is not yet included in the Parbec NI43-101 but twinning will allow RFR to include some of it if not most of…….

Parbec current 43-101 Au resource
…………………………………………......TONS…………… TOTAL Au g………..Total Au Oz…………...g/t…..
Parbec Total Indicated263,230 .952,317 33,592 .........3.62
Parbec Total Inferred 7,256,872.14,574,700 514,108 .........2.01

ORIGINAL: Retransmission: Renforth Divests Residual Interest in Denain-Pershing Property to O3 Mining Inc.
2021-07-29 07:00 ET - News Release

TheNewswire - July 29, 2021 - Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR ) (“Renforth” or the “Company”) is pleased to announce that O3 Mining Inc. (“O3”) has fulfilled the conditions of the option agreement held by O3 on the Denain-Pershing Property (the “Property”) to earn-in an 80% ownership interest in the Property and has purchased the remaining 20% interest in the Property from Renforth.

Total consideration received by Renforth from O3 pursuant to the fulfillment of the option agreement and the purchase of the residual interest in the property consists of C$125,000 and 21,603 common shares of O3. The shares are subject to a statutory hold from the issue date of 4 months and one day and will be held for investment purposes.

“Renforth is pleased to have concluded the divestiture of the Denain-Pershing Property to O3. This allows our team to maintain our focus at our flagship Parbec gold asset, as well as our Surimeau District Project where we have recently completed our latest drill program on our battery metals property without spending or dilution considerations at Denain-Pershing ” states Nicole Brewster, President and CEO of Renforth.

For further information please contact:
Renforth Resources Inc.

Nicole Brewster
President and Chief Executive Officer
C:416-818-1393
E: nicole@renforthresources.com

#269 – 1099 Kingston Road, Pickering ON L1V 1B5


About Renforth
Renforth holds the Parbec open pit constrained gold deposit in Malartic Quebec, contiguous to the Canadian Malartic mine, with a 2020 resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au. This resource estimate is now considered by Renforth to be out of date due to the results received in a 15,569m drill program which has been recently completed. This program was planned to twin, infill and undercut existing drill holes at Parbec, to support a rebuild of the geological model and a resource estimate restatement.

In addition to this Renforth has discovered a nickel bearing ultramafic, coincident with a copper/zinc VMS, over ~5km of strike in the western end of the 20km central anomaly at Renforth’s wholly owned 260 km 2 Surimeau property. This prospect was discovered on surface and the subject of a very short, shallow drill program, a more robust drill program is planned for Spring 2021.

Renforth also holds the Malartic West property, the site of a copper/silver discovery, and Nixon-Bartleman, west of Timmins Ontario, with gold present on surface over a strike length of ~500m.

Renforth is well funded, with ~$5 million in cash and securities on hand (*as at 05/14/21), in addition to the gold contained in our gold deposit.

O3 MINING INC - https://o3mining.com/
08:39:46 EDT
Sym-X Bid - Ask Last
OIII - V
6.1 2.15 · 2.15

DSM - V..size bid..bid...ask...size ask...last..............volume
........1725.0....0.04...0.045...15.0.....0.045..............69.2

Cash Balance, February 28, 2021 $5,431,534

Cash surpport the share price @0.04¢

DSM looking at other opprtunities in safer jurisdiction

Since june 16, 2021 expenses in Namibia = 0.00$

Since June 17, 2021
100% of all shares issued were traded on OTCQB AND TSX.V
DSM & DSMTF

3 Key players for a major power play

John H. Akwenye, Chairman, Director

Mr. Akwenye is a Namibian retired lawyer with over 30 years of experience in business development in Namibia. From 1994 to 2008, he was Chairman of Guinas Investents (PTY) Ltd a Swapo owned investment company. He has been chairman of the Namibian Airports Company from 2001 to 2004. He is Director of Corporations such as Areva Resources Namibia and PE Minerals and he his currently Chairman of Deep-South Mining Company (PTY) Ltd and Director of Haib Minerals (PTY) Ltd.

Pierre Léveillé, President & CEO, Director

Mr. Léveillé has over 28 years of experience in the International financial sector and 20 years of experience in the mining exploration industry. Mr. Léveillé has started is career as an Investment Advisor and an Investment Banker with a large Canadian Securities brokerage firm. From the mid 1990’s to today, he has been Executive and Director of several exploration companies active in Africa. He has financed and managed exploration projects in Namibia since 1996 including the acquisition and operation of a diamond mine. He has realized over US$ 75 million in transactions and financing for Namibian and African mining exploration projects.

Chad Williams, Director for DSM

Mr. Williams has an extensive background in capital markets and business management. He is the founder and Chairman of Red Cloud Mining Capital Inc., serves on the board of Blue Thunder Mining Inc., Golden Tag Resources Ltd., Karora Resources Inc., and Honey Badger Silver Inc. He was one of the founders of Agilith Capital Inc. as well as Westwind Capital Inc. He previously held the positions of CEO of Victoria Gold Corp., Head of Mining Investment Banking at Blackmont Capital Inc. and was a top-ranked mining analyst at TD Bank and other Canadian brokerage firms. Mr. Williams holds both a P.Eng in Mining and an MBA from McGill University, Montreal.

Since june 17, 2021 nearly 100% of the shares issued traded
@ 0.045-0.05¢ the stock tade at cash value per share
At that level we have a strong support

Now we have 3 potential scenarios

1- Namibia renew the license.......NOPE ......The ministry doesn't want to loose face

2- DSM take legal remedies, Win or Loose the International communities will know that Namibia is no longer a friendly location

3- Use working cap to acquire a better deal in a better location

#3 is in the woodwork

RFHRF Investor presentation

https://youtu.be/JXkjYat3z0o

95% of all shares issued traded since june 17, 2021

DEEP SOUTH RESOURCES INC - http://deepsouthresources.com

ORIGINAL: Director Sadike Nepela Dies at the Age of 59

2021-07-02 09:36 ET - News Release Summary

Vancouver, B.C., Canada – TheNewswire - July 2, 2021 – Deep-South Resources Inc. ("Deep-South" or “the Company") (TSXV:DSM) (OTC:DSMTF) announces that Luke Sadike Nepela has passed on after a short illness.

The Board of Directors offers it’s condolences to his wife and family.

The Board acknowledge his dedication as a Director of the Company.

John Akwenye, Chairman of Deep-South stated, "We will miss a very good colleague and for some of us we will miss a very good person and friend “.

Mr. Nepela will not be immediately replaced on the Board of Directors


Complete news available at:
https://www.stockwatch.com/News/Item/Z-C!DSM-3106577/C/DSM

Looking forward for DSM to recover EPL 3140

My evaluation of the situation is the the Minister of Mines and Energy based his decision only with the briefing of a tire kicker needing a claim of fame.

When the Chairman met with the Minister, the Minister took a lot of notes.

In these countries a Minister take his time before reversing a decision, simply to avoid looking stupid.

On the other hand Namibia sent a strong signal to foreign companies ''spend a lot of money and when we are ready will give you a kick in the butt''. Countries doing that don’t attrack international capital.

https://www.barchart.com/stocks/quotes/DSM.VN/overview

Barchart Technical Opinion WEAK SELL

The market is in highly oversold territory. Beware of a trend reversal

Last 6 trading days DSM volume is 101,411,472

DSMTF last 6 trading days volume is 4,998,601

Deep-South Shares Issued 146,334,700

http://www.prnewswire.com/news-releases/update-on-deep-south-haib-copper-licence-renewal-application-301320006.html

SUMMARY

VANCOUVER, BC, June 25, 2021 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) announces that further to the meeting yesterday with the Minister of Mines and Energy of Namibia and other Officials of the Ministry of Mines and Energy (the "Ministry"), the Company has received a notice from the Minister confirming that the Company's application for the renewal of its Exclusive Prospecting Licence 3140 (the "Licence") has been refused.
The Company intends to vigorously contest this decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.
As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to upgraded Preliminary Economic Assessment (PEA) and commencement of a full feasibility study. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.
As a result of the Minister's refusal to renew the Licence, the Company has terminated all work on site and has proceeded with the retrenchment of its employees on site.

Deep-South Resources halted at 12:04 p.m. PT

2021-06-23 15:08 ET - Halt Trading

Deep-South Resources Inc. has been halted at 12:04 p.m. PT on June 23, 2021, at the request of the company, pending news.

© 2021 Canjex Publishing Ltd. All rights reserved.

Pierre Léveillé, President & CEO of Deep-South Resources, makes an announcement following this week’s news release. Pierre will keep you informed of any upcoming developments. See more here.
TSX-V: DSM OTCQB :DSMTF

LINK TO VIDEO
https://twitter.com/i/status/1406002691806056448

Answers from our CEO
FYI: Quoted answers by CEO after permission of going public
CEO: See my answers after each of you questions below:

• EMP for EPL 3140
The EMP for EPL 3140 was filled in august 2020 of your subsidary:
the-eis.com/elibrary/sites/def…0Mineral%20EPL%203140.pdf
SLR Consulting (Africa) (Pty) Ltd (SLR) has been appointed by Haib Minerals as the independent environmental assessment practitioners to undertake the EMP amendment process and submit the updated EMP to MET for their review and approval.

Was it submitted to MET? Is it approved?
Is that MET linked with the EPL conditions?
Answer: The EMP was filed and approved. When approved it is an Environmental Clearance Certificate that is issued for 3 years. We have the ECC since February as it is a condition to start drilling. The Ministry of Mines has issued the drilling permit only on the condition that we have the ECC

• Please comment the progress:
[*] Drilling 20 holes for both metallurgical tests and geo-tech holes on three target area (Target Area 1, 2,and 3) with identified 10 sites (refer to Figure 1-3).
[*] Excavation of 4 representative trenches, ±20 meters long and ±1 meter deep in the above mentioned target areas. (think buld samples permitted til Nov202
• [*] Extraction of water from the Orange River for drilling purposes (as per previous EMP).
Answer: The information you have is different in the resulting ECCas we have changed the trenches for more drilling and it has been approved. If we drill it is because we have received all authorizations for the District Concilor, which is the relevant authority to approve water extraction for exploration. For mining it is a different authority.

• As far as we know - some time ago - there was also a MDRL fr Haib applied.
That would provide sharesholders much more safety than a conditioned EPL.
Have you applied for a MDRL?
What is the current status or the feedback of MET
Answer: The MDRL application was filed by Teck Resources in January 2017 with the Ministry of Mines, not the MET, which has nothing to do with the granting of exploration or mining licences. At the time Teck was still holding 70% of the company holding the licence and they have done it without our consent. MDRL application was very bad news. A Mining Deposit Retention Licence is filed for up to 5 years when a company intends to carry no exploration or development work for a period of up to 5 years.
We bought Teck 70% interest in May 2017 and immediately requested to apply for an extension of the EPL, which was approved by the Ministry. The MDRL filed by Teck was refused.

• Some of us are confused because we didn't find a NR or sedar Filling of the very important old application extension til 21.04.2021.
Is there a filling?
And if not, why?
Answer: We have never issued NR for an application of a licence renewal. However, you can understand that if the Ministry has refused the licence renewal it is because we have filed an application for renewal. I confirm, we have duly applied

• Pilot Plant
"The Company has also informed the Ministry that at the completion of the Feasibility Study, it is planning to build a pilot plant on site for an estimated cost of CAD$ 25.5 million"

Our concern is that it will be difficult to communicate positively to investors. Which strategic Partner will invest before getting the detailed recovery results? That could lead to much dilution.
Was this pilot plant part of the updated PEA?
Do you think it will be obligatory ;-) to convince MET to get the EPL renewal
Answer: The pilot plant is not part of the updated PEA but will be part of the Feasibility Study (FS). It is normal to inform the Ministry of Mines of the long term planning. Building a pilot plant after the FS is a normal step for any project in development and not
planning it would be weak project management.. I am always fascinated to see how some investors are bothering with potential dilution that could only happen in a long time (2.5 years) and only if certain conditions are met. In this case, the FS needs to be positive and recommend the pilot plant. We are confident that if the FS is positive and recommend the pilot plant, our market cap will be higher and we will limit dilution. Also, the FS can be convincing for a strategic partner. So, there will be many conditions that will evolve and change over time that makes a discussion about dilution today quite speculative and useless

We don’t have to convince MET (Ministry of Environment and Tourism) for the renewal of any exploration licences. We have to convince MME (Ministry of Mines and Energy)

Sadike Nepela, Deep South Res. Director
Sadike Nepela serves as General Manager of Kalahari Minerals PLC.

.................For a number of years, Mr. Nepela served as an Assistant to the Minister in the Namibian Ministry of Mines and Energy...............

and most recently he has been the General Manager for Westport Resources, a subsidiary of Forsys Metals Corp.(listed on the TSX). He is also a Fellow of the International Centre for Research and Training in Major Projects Management, Montreal, Canada. Mr. Nepela is a graduate of the University of Witwatersrand, Johannesburg and has also studied at the University of Connecticut, West Hartford, USA.

DSM believe that a meeting with the minister will remove any possible misunderstanding and the situation will be rectified

When rectified the stock will gap to 0.19-0.22¢ range

DSM BOXING DAY

V:DSM - DEEP SOUTH RESOURCES INC - http://www.deepsouthresources.com
10:16:33 EDT
Sym-X Bid - Ask Vol
DSM 12.5--0.13 7,607.0

https://www.stockwatch.com/News/Item/Z-C!DSM-3099676/C/DSM
Deep-South Resources to resume at open
2021-06-17 08:40 ET - Resume Trading
Deep-South Resources Inc. will resume at the open on June 17, 2021.

UPDATE ON DEEP-SOUTH HAIB COPPER LICENCE RENEWAL

2021-06-16 16:02 ET - News Release
Mr. Pierre Leveille reports

Deep-South Resources Inc. has received notice from the Ministry of Mines and Energy of Namibia informing the company that its application for the renewal of exclusive prospecting licence No. 3140 has been denied, citing the company's inability to advance the licence to prefeasibility and complete the proposed drilling program as planned.

''''''''''The company has requested an urgent meeting with the Minister of Mines and Energy to review and reverse the decision. The company is convinced it is a misunderstanding. ''''''''''''

''''''''''The minister has accepted a meeting to discuss the matter. The meeting should take place early next week.''''''''''''''

The company maintains that the ministry was kept well apprised, with no objection on its part, of a proposed change from the prefeasibility study to an upgraded preliminary economic assessment and the commencement of a full feasibility study. Moreover, the ministry issued all permits required for the drilling program and is well aware that Deep-South has completed the drilling program.

Pierre Leveille, president and chief executive officer of Deep-South, stated: "In the context that the company is well funded and moving ahead with a large development program, the decision of the minister is surprising and certainly not in the best interest of the development of the mineral resources of Namibia. We believe that a meeting with the minister will remove any possible misunderstanding and the situation will be rectified in the shortest time frame possible. We are hopeful that our efforts to meet with the minister will reach a positive outcome."

In its application for renewal and subsequent representations made to the ministry, the company has clearly demonstrated that it adequately meets the criteria under the Minerals (Prospecting and Mining) Act (Namibia) to justify the renewal of its licence. '''''''Accordingly, the company is of the opinion that the refusal is unreasonable.'''''''''

The company has demonstrated to the minister that during the past two tenures (from April, 2017, to April, 2021), it has invested $2-million with the completion of, among other things: a National Instrument 43-101 resource estimate; a preliminary economic assessment; a large two-ton sampling and heap-leach test; geological mapping; modelling; and an upgraded preliminary economic assessment. Furthermore, in its renewal application, the company has proposed a feasibility study program with a budget of $7.1-million. The program was under way with three drills and 42 employees on site. METS and CSIRO (Commonwealth Scientific and Industrial Research Organisation) of Australia have also begun metallurgical tests, bioleaching, high-pressure grinding roller tests and a flowsheet optimization program in two laboratories in Australia. Knight Piesold also has four scoping studies under way, covering: water usage; alternative power solutions; leach pad assessment; and environmental path to the ESIA. The company has also informed the ministry that at the completion of the feasibility study, it is planning to build a pilot plant on site for an estimated cost of $25.5-million.

As a result of the minister's refusal to renew the licence, the company has immediately suspended all work on site and hopes that the retrenchment of its employees will be avoided.

About Deep-South Resources Inc.

Deep-South Resources is a mineral exploration and development company. Deep-South's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the Green Revolution.
We seek Safe Harbor.
Source: https://www.stockwatch.com/News/Item/Z-C!DSM-3099342/C/DSM

Deep-South Resources (CVE: DSM-OTC: DSMTF) President and CEO Pierre Léveillé, joined Stephen Gunnion from Proactive with detail of the second batch of assay results from the company's current drilling programme at its Haib copper project in southern Namibia.

Léveillé, telling Proactive that Deep-South continues to have success with its active drill program identifying thick, higher-trade zones.

https://youtu.be/O8pi186bCRc

Live Spot Prices

SPOT PRICE IS OPEN
Price: US$/lb

Copper June 11,07:19
Bid/Ask 4.5087-4.5103
Change +0.0732 +1.65%
Low/High 4.4266-4.5298

2021-06-10 08:04 ET - News Release
Mr. Pierre Leveille reports
DEEP-SOUTH (DSMTF) INTERSECTS 156 METRES OF 0.46% CUEQ, INCLUDING 24 METRES OF 0.65% CUEQ FROM 26 METRES DEEP
Deep-South Resources Inc. has provided the second batch of assay results from its current drilling program at its Haib copper project in southern Namibia.
Significant copper and molybdenum intersections include:
• HM03: 0.46 per cent copper equivalent over 156 metres, including 24 metres at 0.65 per cent copper equivalent;
• HM02: 0.39 per cent CuEq over 74 metres, including six metres at 0.73 per cent CuEq;
• HM04: 0.43 per cent CuEq over 26 metres, including four metres at 0.87 per cent CuEq.
Pierre Leveille, president and chief executive officer of Deep-South, stated: "We continue to have success with our active drill program identifying thick, higher-grade zones. We are consistently intercepting significantly higher grades than the average grade of our NI [National Instrument] 43-101 indicated resource that stands at 0.31 per cent Cu. The higher-grade zone in pit 2 extends significantly further west and at depth than previously demonstrated. It's increasingly apparent that the use of vertical drilling in the past missed many of the near-vertical structures contained within the broader mineralization of the project. Those near-vertical structures so far are proving to be associated with a higher grade of copper than contained within the current resource. Additionally, the presence of molybdenum has been confirmed with high Mo grades obtained in association with structures and alterations."
These three holes for which assay results have been received cover about 684.11 metres and were drilled on the central mineralized portion of the deposit to better delineate the extension of this zone to other mineralized areas located to the northwest and southwest. The holes have successfully encountered intercepts of mineralization from bedrock or near bedrock surface.

Coplete PR: https://www.stockwatch.com/News/Item/Z-C!DSM-3096677/C/DSM

Pierre Leveille, President and CEO of Deep-South Resources presented on the Emerging Growth Conference on May 26, 2021.

Deep-South Resources (OTCQB: DSMTF), (TSX: DSM) is a mineral exploration and development company. Deep-South is actively involved in the acquisition, exploration and development of major mineral properties in Africa.

https://youtu.be/ksBHruIssKg

Commerzbank still see some more upside in gold
We therefore expect the price to climb to $2,000 per troy ounce by year’s end.

This is muchly in line with their technical department too as even before the recent price rise the team at Commerzbank projected a move higher in the yellow metal. For now, it seems that the bulls are very much in charge as gold continues to trade above $1900/oz.

TSX.V: SOCK OTC: SMRVF

43-101 Au Oz. 296,695 Ag Oz. 2,022,578

Copper $20,000 and Santo Tomas

https://youtu.be/jgmcZoeStFE

SMRVF Flagship

https://youtu.be/0Vk3491WXfo

https://smoothrockventures.com/wp-content/uploads/2020/05/SRV_May_2020_web.pdf

properties located on the WLT

Walker Lane Trend
• Over 53 M oz gold and 519 M oz silver, most of it from the segment along the Pancake Range lineament
• Home of the historic Round Mountain Mine (Kinross)