- ABC News reported that the price of gold climbed to an all-time high in October as uncertainty prompted investors to seek safe havens.
- Renforth Resources geologists are currently working to advance the knowledge of the Parbec project through several initiatives.
- The company is applying for stripping permits and undergoing a comprehensive geochemical analysis program.
This year has seen gold consistently increase in price, with many seeing the precious metal as an essential piece of a solid portfolio. In October, gold reached its all-time high — $2,790.07 — and many forecasters expect the price to go even higher before the year is over. With that as a backdrop, Renforth Resources (CSE: RFR) (OTCQB: RFHRF), an active mineral-exploration company engaged in the exploration and development of multicommodity mineral properties in Canada, released a report regarding new field work at its Quebec-based Parbec gold deposit (https://ibn.fm/aTtfB).
“The price of gold climbed to an all-time high [in October] as uncertainty about conflict in the Middle East and the U.S. presidential election sent investors in search of a safe haven,” reported ABC News (https://ibn.fm/Zinmo). “The latest jump is hardly a blip. Gold has soared about 32% since the outset of…
NOTE TO INVESTORS: The latest news and updates relating to RFHRF are available in the company’s newsroom at https://ibn.fm/RFHRF
About MiningNewsWire
MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.
MNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com
MiningNewsWire is powered by IBN
