- 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
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