Renforth Resources Inc ( CSE:RFR , OTCQB:RFHRF ) said three holes drilled beneath the open pit at its Victoria deposit in Québec intersected nickel-cobalt mineralization, including 118 metres of 0.1% nickel and 62 ppm cobalt in one hole.
That hole, SUR-26-58, returned the 118-metre interval from 161 metres, including 17.6 metres of 0.3% zinc. Within that zone, 7.9 metres graded 0.5% zinc. It also returned 74.3 metres of 0.1% nickel from 284.7 metres, including 3.85 metres of 0.2% nickel, 172 ppm cobalt and 0.6% zinc.
Hole SUR-26-59 returned 44 metres of 0.1% nickel and 0.2% zinc from 186 metres, including 6.2 metres of 0.4% zinc, 0.1% copper and 0.6 g/t silver.
Hole SUR-26-60 returned 10.9 metres of 0.5% zinc, 0.1% copper and 0.5 g/t silver from 17.1 metres. It also returned 59.2 metres of 0.1% nickel from 201.9 metres, including 3.8 metres of 0.2% nickel and 125 ppm cobalt.
SUR-26-58 ended in nickel mineralization at 390 metres, with its final interval grading 26.5 metres of 0.1% nickel from 363.5 metres. Renforth said the program was limited by budgeted metres and mineralization has not been closed off at depth.
The company said the holes totalled 1,011 metres and were completed in July 2026 to test the down-dip continuity of mineralization at the polymetallic deposit. All three intersected nickel-cobalt mineralization in the ultramafic host rock, as well as zones of zinc, copper and silver.
Renforth said the holes were designed to confirm continuity within and immediately below the resource area, and the results have been provided to P&E Mining Consultants.
"Victoria is a bulk-tonnage deposit, and we report the lower-grade intervals in full because they are part of that picture," said Nicole Brewster, CEO of Renforth.
The current Inferred Mineral Resource of 125 million tonnes covers about 12% of the roughly 20 km mineralized structure, Brewster said. "The real question for Victoria is how material at this scale can be processed," she said.
Renforth said initial testing at TOMRA, announced in October 2024, showed the mineralization can be recognized and sorted from waste rock. Mineralogical work in March 2025 showed nickel, copper and zinc can be liberated by flotation, and that part of the nickel is held in pyrrhotite, the company said.
A research collaboration with Queen's University and Dr Fei Wang is evaluating heap leaching, a process intended for lower-grade material.
