ONTARIO - Toronto-based Renforth Resources has completed its 55% earn-in on the Kyle kimberlites in the James Bay Lowlands. As part of the agreement, Spider Resources (since taken over by Cliffs Natural Resources) and KWG Resources of Montreal have earned 45% of certain massive sulphide targets held by Renforth in the same region.
The Kyle kimberlites include five deposits which are diamondiferous with various stages of work completed on each. Renforth is awaiting an indication of how Cliffs will regard these shared properties before making plans for further work.
Please visit www.RenforthResources.com.
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