Renforth offers exposure to two metal themes in demand at the same time. Parbec is a gold asset at a time of strong gold prices, and Victoria carries nickel, cobalt, platinum, and palladium, metals designated as critical by Canada and the United States for the energy transition and strategic supply.

Victoria is a near-surface nickel sulphide system on the Malartic Metals Package, carrying cobalt, copper, zinc, silver, and gold alongside nickel. It holds an initial NI 43-101 inferred mineral resource, and follow-up assaying of existing drill core in 2026 confirmed the deposit-wide presence of platinum and palladium. Mineralization is defined over 2.5 kilometres within a roughly 20-kilometre structure that remains open along strike and at depth.

The Parbec gold deposit lies on the Cadillac Break, one of Canada’s most productive gold structures, contiguous to Agnico Eagle’s Canadian Malartic Mine. Its April 2025 NI 43-101 estimate includes 265,800 ounces of gold in the open-pit Measured and Indicated categories, with additional Inferred ounces, and the deposit remains open at depth. Current work is testing gold-bearing structures extending into the adjacent Pontiac sediments.

Both deposits sit near Malartic in Québec’s Abitibi, a region that regularly ranks among the top mining jurisdictions in the Fraser Institute survey. The properties benefit from road and rail access, hydro-electric power lines crossing the ground, an established local mining services market, and clear provincial mining and environmental regulation.

Renforth intends to monetize its Parbec gold deposit and direct the proceeds toward a Preliminary Economic Assessment on the Victoria polymetallic deposit. The approach is designed to advance the Company’s critical-minerals asset using the value of an established gold deposit, a capital-efficient pathway for an exploration-stage company.

Both Renforth deposits sit at surface within open pit shells, and Victoria carries a strip ratio of less than one to one with shallow overburden. The Company has completed a proof-of-concept for TOMRA ore sorting at Victoria, which improves grade and reduces waste, and initial metallurgical testwork supports conventional grind-and-float processing with acceptable recoveries.